Terms of Reference

On 18 March 2021 the Senate agreed: 

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:
    1. the size and scope of the opportunity for Australian consumers and business from Australia growing into a stronger technology and finance centre;
    2. the flow-on employment and economic benefits which accrue to finance and technology centres;
    3. barriers to the uptake of new technologies in the financial sector;
    4. new opportunities for Australia as a technology and finance centre arising from the COVID-19 pandemic;
    5. benchmarking of comparable global regimes with Australia;
    6. the impact of corporate law restraining new investment in Australia;
    7. the policy environment facing neo-banks;
    8. opportunities and risks in the digital asset and cryptocurrency sector; and
    9. any related matters.
  3. That the committee present its final report on or before 30 October 2021.

Committee Secretariat contact:

Senior Clerk's Office
Department of the Senate
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: 02 6277 3555
Fax: 02 6277 3899
seniorclerk.committees.sen@aph.gov.au