AFIA Submission to the RBA Review of Payments System Regulation

August 21, 2026

AFIA’s submission argues that Australia already has a world-leading payments system, delivered by competition, innovation and private-sector investment — and that further regulation should be evidence-based, proportionate and targeted to demonstrated problems. It supports targeted action on open, non-discriminatory access to iPhone NFC functionality and least-cost routing for debit, while urging the RBA to remove barriers to A2A access for non-ADIs and to avoid premature intervention in optional products such as BNPL, three-party schemes and integrated platforms.

Read the full submission here.

Recent Submissions

View all submissions

AFIA Submission to Economics Committee Inquiry into Tax Reform Bill No. 2

July 21, 2026

17 July 2026 AFIA's submission strongly supports the Bill's provisions making the $20,000 Instant Asset Write-Off permanent for small businesses with turnover under $10 million, noting the certainty this gives to non-bank and specialist lenders structuring small business finance products.

AFIA submission to PC inquiry into reducing barriers to business dynamism

July 16, 2026

03 July 2026 AFIA's submission highlights SME access to finance as a critical, practical driver of business dynamism and productivity growth.

AFIA submission to Treasury's consultation on CGT reforms – arrangements for innovative start-ups

July 16, 2026

10 July 2026 AFIA's submission responds to the proposed Innovative Business CGT Concession alongside the Government's broader capital gains tax reforms, arguing that innovative start-ups, scale-ups and SMEs rely on both equity and debt finance throughout their growth lifecycle.