On the Road to Better Cross-border Payments: How is Australia Travelling?

2026

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This report assesses Australia's progress towards meeting international targets for improving cross-border payments, highlighting areas of achievement and ongoing challenges.

* Evaluates Australia's performance against G20 targets for cost, speed, access, and transparency in cross-border payments.
* Details key initiatives underway in Australia to enhance cross-border payments, including improvements in transparency, competition, and payment messaging.
* Examines specific efforts to improve remittances to the South Pacific region and explores future directions for wholesale cross-border payments.

Cross-border payments, Australia, G20 Roadmap, remittances, payment systems

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