ASIAL meets with the Reserve Bank of Australia

ASIAL representatives have held a constructive meeting with Michelle Mcphee (Assistant Governor, Reserve Bank of Australia) during which the Association articulated its position on the need for a viable and efficient banknote distribution infrastructure. The meeting also provided an opportunity to outline issues faced by cash management operators and to state ASIAL’s preparedness to work together in arriving at a resolution that provides consumers with true payment choice.

ASIAL will continue dialogue with the RBA and advocate on behalf of its members, with a follow up consultative paper expected to be released for comment in the coming months.