Letters To Regulators

Written by Claude Haiku 4.5 from the extracted text on 28 Feb 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

The Treasurer and Minister for Finance wrote to the Reserve Bank's Payments System Board Chair Michele Bullock on 4 July 2025 requesting identification of regulatory reform opportunities to support productivity growth, aligned with Cabinet decisions. The letter directs the RBA to propose substantial, material and measurable actions that could streamline the regulatory environment, reduce business costs, support competition and innovation, and facilitate investment. Proposals should be concrete with identifiable implementation pathways, deliverable within existing resources, and prioritise measures implementable in the near term without legislative change. The letter references an Economic Reform Roundtable scheduled for 19-21 August 2025 to shape second-term policy priorities around productivity, economic resilience and budget sustainability, with initial proposals requested by 1 August 2025 to inform roundtable discussions.