Tag: Rebecca Schot-Guppy

New FinTech Aust chief on priorities and helping local firms grow

FinTech Australia has appointed investor and finance executive Andrew Porter as its new chief executive. Mr Porter, a 20-year industry veteran who advises several local FinTech’s boards, said reconnecting the industry and international markets will be a priority. The industry body representing hundreds of Australian FinTech startups announced Mr...

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...

Software RDTI scheme top of tech budget wishlist

Posted on   |  by catherine@innovationaus.com
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...

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

Posted on   |  by James Riley
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...

Open banking’s majestically slow start

Posted on   |  by Denham Sadler
Australia’s Consumer Data Right scheme has received a further $20 million after the opening banking regime’s slow start this month, with only one FinTech signed up as a data...

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...

FinTech inquiry pivots to COVID-19 response

Posted on   |  by Denham Sadler
The decision to delay the landmark Parliamentary inquiry into FinTech and reopen submission to address COVID-19 is “dangerous” and risks taking the momentum out of the government’s response to...

FinTech screen scraping scrap heats up

Posted on   |  by Denham Sadler
The landmark Parliamentary inquiry into the FinTech sector has again descended into a feud over the controversial practice of screen scraping, much to the chagrin of FinTech Australia. Screen...

R&D tax interpretations are ‘ludicrous’

Posted on   |  by Denham Sadler
The “strict interpretation” of what constitutes an eligible activity under the Research and Development Tax Incentive restricting software claims is “ludicrous” and leading local tech companies to move offshore,...

History repeats: Open banking delayed again

Posted on   |  by James Riley
It was a case of history repeating itself in the dying days of 2019, as a delay to the launch of open banking was announced on the last Friday...