This fact sheet summarises some of the key findings from the 2017 EY FinTech Australia Census
The Australian Government’s decision to mandate a comprehensive credit reporting regime should help Australian borrowers get a better deal from lenders and has followed strong leadership from Australia’s fintech industry. Read more
FinTech Australia today warmly welcomed the new chair of the Australian Securities and Investments Commission (ASIC), Mr James Shipton.
“Mr Shipton clearly brings extensive regulatory and financial market knowledge to the position. He also has detailed international experience, which will be a huge asset when it comes to promoting Australia’s interests in the global arena,” said FinTech Australia CEO Danielle Szetho.
A startup industry push is underway to relax current unnecessary visa red tape so that Australia can become a “world melting pot” for early stage entrepreneurs.
This follows the experience of Sydney-based startup accelerator H2 Ventures, which has been able to attract a group of young international entrepreneurs in its most recent intake.