Australian Central Bank Digital Currency Pilot Project 

Key Dates

Sept 26, 2022
Submissions open
Oct 31, 2022
Pilot submissions deadline
Dec 31, 2022
Pilots selected
Jan 1, 2023
Pilots commence
Mar 31, 2023
Research submissions deadline
May 31, 2023
Pilots close
Final report

Program Sponsors

Reserve Bank of Australia

Program Director

Dilip Rao

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Reserve Bank and Digital Finance CRC complete CBDC Research Project

The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have released a report on the findings from the joint research project involving industry that explored potential use cases for a central bank digital currency (CBDC) in Australia.


Read the report

Australian CBDC Pilot Conference 2023


The Australian CBDC Pilot Conference is an important element of the Pilot Project’s engagement with industry. Pilot participants will showcase their use case solutions and panel sessions with industry leads will explore the potential leverage of CBDC in a tokenised economy.

This conference is a collaboration between industry and pilot participants. This is an invite only event.

Key Objectives


The key objectives of the project are to identify and understand innovative business models, use cases, benefits, risks, and operational models for a CBDC in Australia. It is expected that industry participants will benefit from testing business models and use cases for CBDC, potentially involving their clients. 

A report on the findings, including an assessment of the various use cases developed, will be published at the conclusion of the project. These findings will contribute to ongoing research into the desirability and feasibility of a CBDC in Australia.

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