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.