Dear Sandra,
Welcoming everyone into the New Year!
Doctors and scientists are pointing to 2022 as being the year that the pandemic ends. While meeting the challenges presented by Omicron, we can also look forward to new opportunities as we return to a more stable business environment. Lockdowns and restrictions appear much less likely this year than the previous two, and the Reserve Bank is expecting 5.5% economic growth this year.
Issues we need to be mindful of in the coming weeks include:
The Reserve Bank’s of Australia consultation paper on the Review of Banknote Distribution arrangements represents one of the most important industry engagement opportunities this year. The RBA is conducting a public consultation to determine what changes to Australia's banknote distribution system might be required so that banknote distribution is effective, efficient, sustainable, and resilient. This is open for online submissions until 21st January 2022.
In response to the Payment System Review by the Federal Government, which indicated the importance of maintaining cash as a payment method into the future. ATMIA together with Australian Security (ASIAL) has used our collective resources and members to put pressure on the government to better articulate its long-term policy for securing the role of cash as a payment method. ATMIA will continue to work with ASIAL on this issue and will share further details at the Strategic Direction teleconference scheduled for March.
ATMIA will continue to support the Cash Welcome Group as we push back against the anti-cash agenda.
We encourage all industry stakeholders to start planning for our face to face industry events:
-Next Gen Asia ATMs: To be held in Singapore on 27th-28th July.
-Next Gen ATMs & Payments: To be held in Sydney on 7th-8th December.
A gentle reminder Our Call for Speakers to both events is now open for submissions. We encourage global experts to come and discuss a path forward for the future of the industry. Sessions are allotted 30-40 minutes if time and can be in the form of a sole presenter, joint presentation, or panel discussion. For more information on either event please contact sandra.smith@atmia.com
Wishing you all a safe and successful 2022. Never forget I'm always available here to help, if there is anything I can assist with, do not hesitate to call me anytime.
Thanks
