Don’t forget, the ATO wants to tax your Crypto
The Australian Tax Office recently declared its intention to target crypto traders who are avoiding paying the proper amount of tax.
Two new fintech players in lending and deposits
RBA data shows that approved deposit taking institutions (ADIs, mainly the banks) held $624 billion of deposits in term accounts as of April 2019
Fintechs say bank claims are bulldust
Australian fintech companies are calling bulldust on bank claims that responsible lending proposals will be hard to implement, costly and inaccurate.
The spectre of cryptocurrency is spurring banks into action
Goldman Sachs is weighing the idea of launching a cryptocurrency of its own, CEO David Solomon said late last week.
Spare change investor start-up expands into Thailand and Vietnam
Raiz allows users to round-up everyday purchases and pool their spare change to invest in equities, bonds and other securities.
Australian FinTech company profile #31 – WLTH
WLTH simplifies the way everyday Australians manage their finances, allowing them to track all their assets and liabilities in one simple to use platform.
Jayride integrates with Hyperwallet to drive streamlined payouts and global growth vision
Hyperwallet has announced the successful integration of mass payment distribution for Jayride, the world’s leading online airport transfer marketplace.
Industries leaders express their views on Australia’s open banking regime
Australia’s open banking regime commenced yesterday, 1 July, 2019. Here’s what some of the industry leaders had to say about the launch.