Australian fintech industry ‘world leader’

Addressing more than 300 people at ACS’ Digital Economy Breakfast event in Sydney, the Treasurer of Australia, the Hon Scott Morrison, spoke of Australia’s emergence as a fintech powerhouse.

Combining the financial services provided by banks and accounting firms, with the technological disruption that is shaping the digital economy, fintech is viewed by the Australian government as a lucrative opportunity.

The Turnbull government will move to legislate an enhanced regulatory sandbox to enable more firms to take advantage of this world-leading initiative.  Click here to read full article.