AFIA submission to Economic Reform Roundtable consultation

On 25 July 2025, AFIA submitted to the Treasurer’s Economic Reform Roundtable consultation, calling on the Australian Government to focus on smarter regulation, digital innovation and targeted policy reform to unlock Australia’s productivity potential.

In its submission, AFIA provides a wide-ranging and comprehensive set of reform recommendations across financial services, capital markets, artificial intelligence (AI), housing and taxation, that if adopted would help build a more prosperous Australia.

“Regulation is where Australia’s productivity manifests – it determines how capital, labour and technology are allocated,” AFIA CEO Diane Tate said.

“Australia needs a policy framework that supports innovation, competition and investment while safeguarding consumers.

“Nowhere is this more urgent than in financial services and as AI moves from hype to reality, we need a regulatory and policy architecture that encourages innovation to unlock productivity gains across the economy and deliver better outcomes for consumers and businesses.”

 View the submission here.