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PayDay News | Australian Payments News

Missed deadline on RBA outage review – the system keeps breaking

Technology Reporter
11 Mar, 2026
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Alex Zaharov-Reutt
Technology Reporter
11 Mar, 2026
Add us as a preferred source on Google
Australia built a cashless economy on infrastructure that can't stay online. The Reserve Bank knows it. The telcos know it. And now, after its own system crashed because someone forgot to renew a certificate, the Reserve Bank of Australia (RBA) has missed its own deadline to explain what went wrong.
Missed deadline on RBA outage review – the system keeps breaking
RBA Governor Michele Bullock has missed a deadline to publish a full review of its 27 January RITS payments outage, while calling on the industry to adopt stronger resilience and contingency arrangements in the payments system.

Australia built a cashless economy on infrastructure that can't stay online. The Reserve Bank knows it. The telcos know it. And now, after its own system crashed because someone forgot to renew a certificate, the Reserve Bank of Australia (RBA) has missed its own deadline to explain what went wrong.

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