This regulatory clarity will be a significant enabler of Australia's burgeoning digital assets industry. The Tech Council of Australia estimates that, with the right regulatory and policy settings, digital assets could contribute $60 billion per year to Australia's GDP … Digital assets have the potential to become a valuable and innovative sector of the Australian economy, and I'm glad to see the groundwork laid for its continued growth.
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Strong pro-industry advocate. Describes the framework as a significant enabler of Australia's digital asset industry, cites a potential $60 billion annual GDP contribution, and urges the government to go further (e.g. recognising foreign regimes as equivalent). Source: House of Representatives Hansard (Federation Chamber), 4 February 2026, pp. 135–136, second reading.