It says right there: "I'm driving a lot of changes at PayPal (I took over 5 months ago)"
Seems like about the right amount of time for him to start really kicking things into high gear imo.
Check your ignorance and entitlement at the door, please.
http://www.apra.gov.au/adi/Documents/cfdocs/PayPal-auth-and-...
They are classed as an ADI, which means banking rules applies to them.