Tag: Scott Morrison

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Policy Startups Trade

Crowdfund laws frozen in time

Much-anticipated reforms extending equity crowdfunding to private companies have yet to move through the Parliament, nearly six months after the bills were first introduced. The Corporations Amendment (Crowd-sourced Funding...

Report: All green for Open Banking

Posted on   |  by James Riley
Treasurer Scott Morrison says the government’s planned ‘open banking’ regulatory regime would give customers greater access and control of their data and would “revolutionise” the financial services sector. People...

MYEFO reveals new tech savings

Posted on   |  by Denham Sadler
The government has cut $100 million from its planned spend on the Centrelink IT overhaul, but has dished out additional cash to the Medicare payments system and a new...

Brakes on equity crowdfunding

Posted on   |  by Denham Sadler
The government failed to pass amendments to the equity crowdfunding regime before the end of the year, meaning private companies won’t be able to access the funding method until...

Consumers blast new sandbox rules

Posted on   |  by James Riley
Australian consumer groups are “extremely concerned” with proposed changes to the regulatory sandbox, while the country’s leading FinTech body is urging the government to take the concept even further....

UK bridge: Tech ties that bind

Posted on   |  by James Riley
The government has moved to build a “FinTech bridge” to the UK to better enable cooperation between industry and regulators and assist local companies in expanding overseas. Announced by...

FinTechs get a new tax makeover

Posted on   |  by James Riley
Australian FinTech startups will be included in the range of angel and venture capital investor incentives and tax breaks on offer under new legislation, but concerns have been raised...

Morrison opens up FinTech data

Posted on   |  by James Riley
The government will force the big banks to reveal customer credit information from next year in a move that Treasurer Scott Morrison says marks a “major milestone” for the...

ScoMo’s changes to the sandbox

Posted on   |  by Denham Sadler
A broader range of FinTechs will be able to access license exemptions to test new products for twice the amount of time under new rules aimed at attracting companies...

BCA ramps tax change effort

Posted on   |  by James Riley
The Business Council of Australia (BCA) has wasted no time putting corporate tax cuts back on the minds of politicians as they return to parliament this week, claiming that...