Digital Finance Reform Could Add Billions to Australia’s Economy, New Research Shows

Billion of economic gain could be achieved if Australia develops a strategic approach to innovation of its digital finance sector, according to a new survey discovered at the Australian Digital Economics Conference held on Monday at Gold Coast, Queensland.

Maping the specific options in the financial markets, the study found that the foreign exchange appeared as the most significant opportunity, estimated at about $ 4.8 billion a year, followed by cross -border payments in the amount of $ 7.6 billion.

Additional options include several assets classes: investment funds ($ 670 million), private loan ($ 1.34 billion), public debt ($ 1.07 billion) and private capital (800 million USD). Even niche markets, such as carbon loans, represent potential gains through tokenization and simplified trading.

“Australia is on a key fork on the road,” said Talis Putnins, a chief scientist at the Digital Finance Cooperative Research Center, in a statement divided Decipher. “Working together in Pace, we can choose a path that allows us to take this opportunity and make Australia a digital finance presenter.”

However, the team admits that the country “is not currently on the road to understand even half of the potential economic gains,” although he says he has constant engagement with the government.

The research data shows that only about $ 1.8 billion is expected a year for economic gain by 2030, assuming that the current pace continues.

The research methodology is that blockchain technology improves value exchange, basically eliminating intermediaries and reducing friction in financial transactions.

When the settlement happens immediately, not during the day, and the costs lower from dollars to cents, brand new economic activity becomes possible.

In the meantime, the Catech CEO Kate Cooper said that the research currently recorded only two segments, with “additional benefits that will be obtained from digital finance innovation outside the economic influence,” she said, hints at the broader applications in the final report by November 2025.

When asked what specific policies or regulatory changes would best increase the adoption of digital finance innovations in Australia, Cooper pointed to the need for a license of clarity and resolution of Earth Debbling problems.

“There is a regime of the treasury digital property, but the speed is everything. Clear rules will unlock capital and confidence,” Cooper said Decipher. “Without access to basic financial rails, innovation works with hand.”

The study suggests that Australia already owns basic elements: strong financial markets, technological capacity and regulatory sophistication to become a global center of digital finance.

However, the biggest obstacles to unlocking a full $ 19 billion digital finance in Australia include outdated infrastructure, unclear regulatory standards and resistance from sector such as private loans, goods and real estate, which slowly adopt tokenization due to disorder and legal complexity, Cooper said.

What remains as a question, however, it is not whether these gains are achievable, but how fast she could be mobilized to catch them. The way forward requires a coordinated action, according to the Director of Deca Amy-Rose Goody.

The foundation “for more informed, coordinated decisions is already being laid as we shape the next chapter of the Australian digital economy,” Goodyy said.

Edited Sebastian Sinclair