We have seen the cash industry work together through COVID-19 to support the public’s access to cash and this is something we want to encourage further. Cash is a crucial form of money for our country and we encourage every banking sector participant to consider their role in preserving the benefits of cash.
We are also monitoring the ever-changing technology of digital money and payments with respect to our stewardship role, and desire to support innovation and efficiency. To support all of this, at the Reserve Bank we are deepening our policy and analytical capacity, and putting in place the governance structures required to provide the strategic leadership that will be needed.