Policy Update - July #2

National Artificial Intelligence Centre moves to the Department of Industry, Science and Resources

Following the 2024-2025 May Budget, a decision to move the centre from CSIRO (Commonwealth Scientific and Industrial Research Organisation) to the Department of Industry and Science.  The National AI Centre (NAIC) is now the Australian Government's flagship organisation in AI for collaborations from researchers, academics and the industry. 

This move from the Department of Industry, Science and Resources is in line with Budget measure and aims to link AI advice across the Government.

We recently made submissions on:

1. Reforming Australia’s AML and CTF Regime

2. Review of Australia’s Credit Reporting Framework

3. Credit Reporting Code variations consultation

4. Buy Now Pay Later regulatory reforms

5. NSW Innovation Blueprint

6. ACCC Designated Complaints determination

7. Inquiry into Payments Systems (Regulation) Act amendments

8. Payments System Modernisation (Regulation of Payment Service Providers) consultation paper

9. 2024–25 Pre-Budget submission

10. Regulating Digital Asset Platforms - Proposals Paper

See our recent submissions on our website.

FinTech Australia regularly makes submissions to consultations across a wide range of policy and regulatory issues. Communications about how to get involved in these processes are distributed to our Policy Working Group membership.