Quoted from aph.gov.au on
The Government is committed to strengthening Australia's position as a global leader in financial innovation—one where technology supports productivity, competition and long-term economic resilience.
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As the senator who moved the bill in the Senate, presents the government's case that the framework supports innovation and competition while strengthening Australia as a leader in financial innovation. Source: Senate Hansard, 5 February 2026, pp. 84–85, second reading