The ACCC is launching an inquiry into the impact of digital platform providers like Facebook and Google on competition in the media and advertising markets.
Scott Morrison warned today that the tech sector must do more to explain the benefits of leveraging technology to wider Australia.
The Federal Government has today revealed a new legislative package that will allow private companies to access equity crowdfunding.
ASIC has announced it will be opening applications for CSF licences, allowing eligible public companies to sell shares through a licensed intermediary.
I am wary of the obsession in the startup ecosystem of needing to use certain buzzwords in order to feel validated by Australian society and our Government.
Though innovation may not have been a big part of Morrison’s speech, there are hints buried in the budget papers that maybe something is in the pipeline.
The government on Friday struck a deal to see the Senate pass a number of the tax cuts for businesses proposed in its 2016 Budget.
Federal Treasurer Scott Morrison has underlined the government’s support for fintech, telling the G20 Conference on digitising finance, financial inclusion, and financial literacy in Germany of the potential of financial technology to help shape Australia’s economy going forward.
First announced by Scott Morrison in May, ASIC has launched its ‘regulatory sandbox’ for fintechs looking to test new financial products and services.
After a few months on the shelf, the Government has returned to the issue of equity crowdfunding, introducing a new bill into Parliament yesterday.
Australia’s peak fintech body, FinTech Australia has received a $200,000 funding grant from the Federal Treasury to promote Australia as a world leading fintech destination.
In the 2016 budget the Government introduced the new Youth Jobs PaTH Programme (which stands for Prepare, Trial, Hire) and states that the Government will invest $752 million into helping young job seekers move off welfare and into employment.
As far as the startup landscape goes, the fintech sector has emerged as the real winner of Treasurer Scott Morrison’s 2016 Budget. A key focus has been made on supporting innovative ideas to ensure Australia is a leading destination for fintech companies and global disruptors.
Australia’s largest-ever trade delegation has landed in China, with 1000 business leaders largely representing the startup and small to medium enterprise spaces making the trip for Austrade’s Australia Week in China (AWIC).
Treasurer Scott Morrison has today announced a package of policy changes to promote commercial risk-taking and, in turn, boost Australia’s fintech sector, with the creation of a regulatory sandbox for fintech startups to deliver services without spending capital on licensing, the refining of crowdfunding regulations, and creating open access to financial data among the initiatives announced.