Australia’s National Remittance Plan (NRP) aims to enable women and men to send money in a safe and cost effective way from Australia to, and within, key countries in the Indo-Pacific region. 

A review of Australia’s AML/CTF regime was finalised in 2016, containing 84 recommendations to streamline, simplify and strengthen the regime, including recommendations that will impact the remittance sector. The Australian Government will consult with industry on the proposals to ensure the regime provides clarity and certainty for reporting entities. 
The Australian Government, through the Department of Foreign Affairs and Trade (DFAT), supports approaches that increase the transparency of remittance costs, including the Send Money Pacific remittance comparison website, which has contributed to reducing the costs of remittance transfers from Australia to the Pacific.