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Payments system review proposes new role and powers for federal Treasurer

A report on Australia’s payment processing systems has advocated the introduction of new powers that would allow the federal Treasurer to influence tech giants like Apple and Google in the name of national interest.

Payments system review proposes new role and powers for federal Treasurer
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Payments system review proposes new role and powers for federal Treasurer

A formal review of Australia’s payment systems infrastructure has called for the Treasury to take on a more active leadership role within the sector.

Read more at Investor Daily.

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