AFIA Submission to Senate Select Committee on Productivity in Australia

09 March 2026, AFIA has provided a comprehensive submission to the Senate Select Committee on Productivity, highlighting the essential role the finance industry plays in unlocking growth, innovation and competitiveness across the Australian economy. The submission sets out practical, evidence‑based reforms to accelerate technology adoption, strengthen small business access to finance, modernise regulatory frameworks, and enhance competition. AFIA outlines how smarter, proportionate regulation—together with a dynamic and innovative finance industry—can drive capital deepening, digital transformation and improved consumer and business outcomes. Our recommendations focus on lifting national productivity by enabling investment, encouraging new entrants, reducing friction in key systems and supporting responsible innovation across financial services.

 View the submission here.

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AFIA Submission ALM/CTF Transitional Rules Consultation