A survey by Fair Go Finance reveals 59% of respondents are likely to change their vote depending on which political party promises to give them a ‘fair go’.
Frank Lab’s senior advisor Jasmine Koh interviews Gobbill CEO Shendon Ewans about the Federal Budget impact on Small Businesses and Startups
Key points: Bill payment automation company Gobbill is seeing more small businesses doing it tougher drawing on reserves to meet their payables. The 2019 Federal Budget may be good for some small businesses but certainly lacks investment in innovation. The increased instant asset tax write-off may help bricks and mortar type businesses but is unlikely […]
The federal government will develop a national blockchain roadmap in a bid to position Australia as a global leader in distributed ledger technology. Minister for Industry, Science and Technology Karen Andrews announced the strategy and $100,000 in accompanying funding on Monday to nurture a “burgeoning” industry. It comes just weeks after advice from the Digital […]
Labor will provide fintechs based in Perth with more regulatory support, pledging an increase in funding for the corporate regulator so it can extend its “innovation hub” to the city and help start-ups connect with the Asian region. Shadow minister for the digital economy Ed Husic and Clare O’Neil, shadow minister for financial services, will […]
The Consumer Data Right bill has been introduced to parliament. The national association for Australia’s fintech startup community FinTech Australia, as well as its members, have welcomed the progress of Australia’s Consumer Data Right bill. The bill was introduced to parliament by Federal Treasurer Josh Frydenberg and gives Australians control over the use of their […]
The much-anticipated launch of open banking in Australia has been quietly delayed by the federal government by eight months. On the last Friday before Christmas, a day typically used to “take out the trash” and make some unfavorable or unpopular announcements, Treasurer Josh Frydenberg put out a statement late in the afternoon revealing that the […]
Offers $100,000 prize pool to entrepreneurs. The South Australian government is hoping to forge its position as Australia’s “blockchain capital” through a new $100,000 challenge for entrepreneurs. On Wednesday it launched the blockchain innovation challenge, inviting South Australian residents (or those willing to relocate) to pitch ideas that solve problems using blockchain. The government hopes to […]