Banking and finance

The Treasury promotes competitive, efficient markets that work for the good of consumers and investors, a secure financial system and sound corporate practices, and foreign investment consistent with Australia's national interests. This includes regulatory reforms to improve the resilience of the financial system, innovation and consumer outcomes and participation in regional and international forums, such as G20 summits.

Consultations

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Open
Following previous consultation on the proposed regulation of Buy Now, Pay Later (BNPL) arrangements, the Australian Government has released an exposure draft legislative package for public comment.…
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Open
In the 2022–23 October Budget, the Australian Government announced its intention to improve consumer understanding of insurance products as part of a package of reforms designed to: reduce the cost…
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Closed
Draft legislation to provide greater flexibility for financial advisers to demonstrate that they have met the conditions of an approved degree has been released for consultation. The draft…