Trends Report

The State Of Open Banking In Australia

April 14th, 2020
With contributors:
Michael Barnes , Seles Sebastin , Bill Nagel


The Australian government has mandated that the Big Four banks comply with open banking by July 2020 and that all other authorized deposit-taking institutions (ADIs) comply by July 2021. Many banks are struggling to get their legacy systems ready for this new data-sharing regime. Digital strategy professionals should read this report to find out what open banking in Australia entails, how financial services firms are responding, and what your bank should do about open banking.

Want to read the full report?

Contact us to become a client

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.