[Roundtable] Cutting the Costs of Cross-Border Trade – Modern Digital Money in Practice

Western Australia’s economy is highly export-driven. With exports over $240 Billion, it makes nearly half of the total Australian goods exports. Yet cross-border payments still carry potentially avoidable friction such as settlement delays, layered fees, FX spreads, manual exceptions & compliance overheads, costs that hit SMEs hardest & compound across large trade flows.

This session is a practical, industry-first discussion focused on one question:
How can WA reduce the costs & friction of cross-border export payments & safely adopt modern, regulated digital settlement tools where they deliver clear benefits while maintaining strong compliance, consumer protection, operational resilience & effective supervision?

Speakers

Amy-Rose Goodey

Amy-Rose Goodey

Chief Executive Officer, Digital Economy Council of Australia (DECA)

Prof. David Lee Kuo Chuen

Prof. David Lee Kuo Chuen

Chairman, Global Fintech Institute