In December 2025, the Australian Government released its long-awaited National AI Plan, confirming it would no longer pursue an economy-wide AI Act. Instead, the focus will shift to targeted guidance, sector-specific engagement, and principles-based regulation.
This announcement has raised important questions for AFIA members:
What does this mean for financial services? Where to next for organisations developing or deploying AI tools? And how should industry interpret the Government’s policy direction in practice?
AFIA is pleased to partner with King & Wood Mallesons to unpack the implications of the Government’s National AI Plan for credit and financial services providers. This webinar will explore what the pivot away from the previously proposed economy-wide regulation means for compliance, innovation, and responsible AI adoption across the sector.
Key Discussion Points
Key elements and objectives of the 2025 National AI Plan
The Government’s new direction: no economy-wide AI Act – what this means in practice
Legal and regulatory implications for financial services
How financial institutions can manage AI-related risk, governance and ethics
Opportunities for industry-led governance and best practice frameworks
Register here