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.
In January the Treasurer, the Hon Josh Frydenberg MP, announced an Inquiry into Future Directions for the Consumer Data Right (the Inquiry), to be led by Mr Scott Farrell. The Terms of Reference for…
The Government is seeking stakeholder views on the exposure draft of the National Consumer Credit Protection Amendment (Mandatory Credit Reporting) Regulations 2020. These Regulations provide detail…
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry recommended that section 29(3) of the Insurance Contracts Act be amended so that an insurer may…