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Australian regulators examine the future of cash distribution in 'evolving' landscape

( July 16, 2025, 05:07 GMT | Official Statement) -- MLex Summary: The regulation of cash distribution in Australia is the focus of a new consultation by the country’s umbrella group of financial regulators and the antitrust watchdog. In a consultation paper published today, the Council of Financial Regulators and the Australian Competition & Consumer Commission said that the evolving payments landscape has “put pressure on the cash distribution system and the economics of providing cash services across Australia.” The release of the consultation paper follows the recent decision by the competition regulator to allow Australia’s banks to pay Australia’s cash-delivery monopolist to maintain cash-distribution services.The consultation paper from the Council of Financial Regulators and the Australia Competition & Consumer Commission is attached; the full statement follows: ...

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