Senate debates

Thursday, 18 March 2021


Financial Technology and Regulatory Technology Select Committee; Appointment

4:29 pm

Photo of Perin DaveyPerin Davey (NSW, National Party) Share this | | Hansard source

I move:

That the resolution of appointment of the Select Committee on Financial Technology and Regulatory Technology be amended as follows:

(1) The committee be called the Select Committee on Australia as a Technology and Financial Centre.

(2) The following additional matters be referred to the committee:

(a) the size and scope of the opportunity for Australian consumers and business from Australia growing into a stronger technology and finance centre;

(b) the flow-on employment and economic benefits which accrue to finance and technology centres;

(c) barriers to the uptake of new technologies in the financial sector;

(d) new opportunities for Australia as a technology and finance centre arising from the COVID-19 pandemic;

(e) benchmarking of comparable global regimes with Australia;

(f) the impact of corporate law restraining new investment in Australia;

(g) the policy environment facing neo-banks;

(h) opportunities and risks in the digital asset and cryptocurrency sector; and

(i) any related matters.

(3) That the committee present its final report on or before 30 October 2021.

Question agreed to.