Opening statement - House of Representatives Standing Committee on Economics
21 February 2025 · Michele Bullock , Governor of the Reserve Bank of Australia (Australia)
Summary written by Dark Majestic in its own words · topics: payments, digital money and crypto-assets , climate, energy and nature , growth, investment and productivity
MB 21 Feb 2025 · Michele Bullock Wiki · Reserve Bank of Australia Wiki Opening statement - House of Representatives Standing Committee on Economics Context Opening statement by Michele Bullock, Governor of the Reserve Bank of Australia, to the House of Representatives Standing Committee on Economics, Canberra, 21 February 2025.
Why it matters The RBA governor tells lawmakers how the bulk electronic payment system will be replaced without disruption.
Problems raised Moving away from BECS carries risks. Cash services face disruption risk. Payments must stay reliable. Solutions proposed Plan the BECS transition carefully. Support cash services continuity. Keep payments efficient and competitive. Read full speech on bis.org ↗ More from Michele Bullock · Reserve Bank of Australia · all speeches
More speeches by Michele Bullock Other leaders on payments, digital money and crypto-assets
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