government

Apr
30

Fintech Committee asks for separate software R&D scheme for Australia

The Select Committee on Financial Technology and Regulatory Technology has published its second report on the state of fintech and regtech in Australia, focusing again on how the government can do more to support research and development (R&D) activities, and, of course, promote blockchain. Round two from the committee makes a total of 23 recommendations and either builds on, or supersedes, the 32 it made in September. Australia's R&D laws have faced scrutiny from the country's startups and big business for many years. However, the 2020-21 federal Budget contained a AU$2 billion boost in additional research and development tax incentives (RDTI). The committee said while the changes were welcome, it wants further tweaks, recommending it […]
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Apr
20

Bragg sounds fintech alarm in push for clearer crypto rules

NSW Liberal Senator Andrew Bragg has warned Australia’s fintech sector needs a clearer government policy framework on digital assets.

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Apr
08

While the world dithers, China prepares to unleash a digital currency

China is rushing towards the development and distribution of a central bank digital currency while the rest of the developed world dithers along.

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Mar
29

Australia needs to regulate cryptocurrency market to ensure it remains globally competitive

BTC Markets, is calling for regulatory oversight of the domestic cryptocurrency market amid a renewed surge in demand for Bitcoin and other digital assets.

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Mar
22

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.

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Feb
15

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.

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Feb
09

‘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.

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Jan
27

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.

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