Senate steps up fintech work
The Australian Senate last week voted to “expand the scope and length” of the Fintech Select Committee to further strengthen the country’s position.
Aussie blockchain community calls for more government support around the nascent tech
Blockchain Australia has again called on the government and regulators to provide more support for the local blockchain ecosystem.
‘Bias to yes’ missing from Aussie fintech landscape
Australia’s financial regulators should display a ‘bias to yes’ when dealing with fintechs and the new and innovative business models they bring.
ACCC’s Sims warns on big bank fintech takeovers
The ACCC’s Rod Sims has warned big bank acquisitions of fintech challengers could stifle competition and deny consumers future benefits from innovation.
Australian Senator calls for blockchain adoption to lift financial regulatory compliance
Senator Andrew Bragg has hinted that blockchain technology could be the answer for reducing complications associated with financial regulatory compliance.
Australian government to review domestic payments system regulation
The Australian government will review the regulatory architecture of the country’s payments system to ensure it can support continued innovation.
Australian Senate: Blockchain will create $3 trillion of value by 2030
The National Blockchain Roadmap expects blockchain tech will drive $175 billion in global business value by 2025 and more than $3 trillion total by 2030.
All fintech companies will use blockchain within 10 years: Aussie government report
Most fintech and regtech projects will either be built on distributed ledger technology or blockchain or heavily using that within the next 10 years.
