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.
2016 Budget sees Government focus on jobs and growth, but rehash previously announced initiatives for startups
Five months after Malcolm Turnbull urged Australia to shift the economy’s focus from the resources sector to innovation with the launch of the National Innovation and Science Agenda (NISA), Treasurer Scott Morrison delivered a budget focused on jobs and growth.
The Government has announced it will launch the fourth of its five global landing pads for entrepreneurs in Berlin, with the European hub joining San Francisco, Tel Aviv, and Shanghai.