Money

NARROWER TERMS
Report

Mobile payment and digital wallet financial services

This inquiry report provides an overview of the payments ecosystem, outlining both old and new payment systems. It also provides an overview of the technologies that enable digital wallets and mobile payments, and details of the major platforms and services offered in Australia.
Report

Canada and the digitalization of money

This report shares key takeaways from a workshop held in August with international and Canadian experts to develop advice for policy makers, regulators and market participants on how to advance the digitalization of money with a view to serving the interests of the users of...
Report

Payments system review: from system to ecosystem

The payments system plays a key role in the Australian economy. It facilitates economic activity by providing a safe, efficient and effective way for Australians to exchange money for goods and services. This review was asked to investigate whether the regulatory architecture of the Australian...
Working paper

Exchange rates, remittances and expenditure of households with foreign-born members: evidence from Australia

This paper examines the impact of the depreciation of the Australian dollar on the expenditure of households with foreign-born members in Australia.
Discussion paper

Confidence in Australian banknotes

This paper investigates various factors that might influence the general public's confidence in the security of Australian banknotes, using a unique series of online banknotes surveys conducted by the Reserve Bank of Australia since 2010.
Discussion paper

Where’s the money‽ An investigation into the whereabouts and uses of Australian banknotes

This paper aims to provide an estimate of where the approximately $76 billion worth of Australian banknotes – or $3,000 per Australian – are held, and for what purposes these banknotes are used.
Report

Strategies for addressing the impacts of declining demand for Australian circulating coins

The objective of the audit was to assess whether the Royal Australian Mint’s strategies for addressing the impacts of declining demand for Australian circulating coins are appropriate and effective.
Discussion paper

Inquiry into foreign currency conversion services: issues paper

This inquiry will have a particular focus on the purchase of foreign cash, and the transfer or remittance of money overseas. It will also consider other ways that consumers and small businesses perform foreign currency transactions, such as via credit, debit or pre-paid travel cards.
Working paper

An idea in good currency: collaborative leadership in the national security community

The concept of collaborative leadership has emerged as potentially a new method of operating within Australia's national security community. With the publication of the 2008 Review of Homeland and Border Security (also known as the ‘Smith Review’) and the subsequent Prime Minister’s National Security Statement...
Report

Remittance corridors: Australia to Pacific Island countries

AUSTRAC assessed the overall ML/TF risks associated with remittances sent through remittance providers from Australia to Pacific Island countries as low. This was based on the low level of criminality associated with these remittances and the generally low value of remittances being sent to support...