Tag: FinTech Australia

Debanking risks ‘undermining’ local tech sector

Posted on   |  by Denham Sadler
The increasingly common practice of large financial providers “debanking” Australian tech firms is a “significant threat to competition” and risks “undermining” the growth of the local sector, a Parliamentary...

RDTI admin has ‘strong bias’ against software

Posted on   |  by Denham Sadler
The administrator of the federal government’s research and development tax incentive has a “strong bias” against software claims and takes an “aggressive and adversarial” approach to companies accessing the...

Tech sector backs budget as a ‘good start’

Posted on   |  by Joseph Brookes
The government’s budget measures have been broadly welcomed by the tech sector but many argue more should have been done to capitalise on a once in a lifetime opportunity...

Gig Guide: FinTech Australia’s new board member

Posted on   |  by Joseph Brookes
Former senior advisor to the Turnbull and Morrison governments Harry Godber has been added to the board of FinTech Australia as an independent director. Mr Godber acted as an...

Software RDTI scheme top of tech budget wishlist

Posted on   |  by Denham Sadler
The tech sector is hoping for more support in this week’s federal budget following the unveiling of a $1 billion digital package last week, with a standalone tax incentive...

FinTechs want AEC data for digital ID checks

Posted on   |  by Denham Sadler
The government will consider whether to grant expanded access to the electoral roll and the ASIC register in order to assist FinTechs in conducting digital identity checks. As part...

Govt-led Senate report calls for R&D tax changes

Posted on   |  by Denham Sadler
A government-led Senate inquiry has called for changes to the research and development tax incentive, including more clarity on the eligibility of software claims and the introduction of restrictions...

APRA licence pause will ‘stifle innovation’

Posted on   |  by Denham Sadler
The prudential regulator’s decision to stop issuing new banking licences for at least six months will “stifle innovation” and cripple FinTechs, according to FinTech Australia. The Australian Prudential Regulation...