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It will. It seems that the relevant association continues to try...

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    It will. It seems that the relevant association continues to try to stall off the regulatory reform until the industry is on its feet. Its supporters say the reforms will make no difference, so why are they so desperate to stall the reforms (which will ultimately happen, otherwise the RBA risks being in default of international trade law)? The present Governor of the RBA was previously Manager of the Payments Processing Division as well as Deputy Governor and is passionately pro reform, so it will be interesting to see how it pans out.
 
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