Stephen Jones 2022

KIERAN GILBERT:

Protecting Australians from scammers is a key priority for the Albanese Government.

We’ve said we’ll work with banks and other industries to find better ways to keep Australians’ data safe and respond to emerging threats.

That’s why the Government welcomes Westpac’s new state‑of‑the‑art fraud prevention centre, located in Western Sydney.

Acknowledgements

I would like to acknowledge the Gadigal people of the Eora Nation on whose lands we meet today and pay my respects to their elders past, present and emerging.

The Albanese Government’s commitment to First Nations reconciliation can be seen through our Uluru Statement from the Heart. I warmly welcome any First Nations Australians present with us today.

PETER STEFANOVIC:

RAFAEL EPSTEIN:

Stephen Jones is part of Anthony Albanese’s finance team. He is the Assistant Treasurer and Minister for Financial Services. Good afternoon. I’ll just double check – have we got you there Stephen Jones?

STEPHEN JONES:

Good afternoon, Raf. Good to be with you.

EPSTEIN:

The Albanese Government welcomes the Council of Financial Regulators’ paper on potential policy responses to address the problem of de‑banking in Australia.

The Albanese Government has today released the final report of the Regional Banking Taskforce, which was set up to examine the impact of bank branch closures on regional communities and identify possible solutions to maintain and improve banking services.

Today, the Albanese Government released the report of the independent Statutory Review of the Consumer Data Right (CDR), led by Ms Elizabeth Kelly PSM. The Review is an important step in the staged evolution of the CDR and an opportunity to reflect on its implementation to date.

The Albanese Government has released a Discussion Paper to support public consultation as part of the review of the Australian Securities and Investments Commission (ASIC) Industry Funding Model (IFM), and encourages stakeholders to share their views.

PETER STEFANOVIC: