Senate debates
Tuesday, 23 June 2026
Committees
Economics References Committee; Reference
3:55 pm
Wendy Askew (Tasmania, Liberal Party) | Hansard source
At the request of Senator Dean Smith, I move:
That the following matter be referred to the Economics References Committee for inquiry and report by 30 October 2026:
Existing vulnerabilities in the Reserve Bank Information and Transfer System Low Value Clearing and Low Value Settlement Services systems, with particular reference to:
(a) the Reserve Bank of Australia's report, 27 January 2026 payments settlements outage: RITS Low Value Clearing and Settlement Services and property batch disruption;
(b) the impact of disruption on consumer and industry confidence in property settlement services; and
(c) any other related matters.
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