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Consumers and businesses win in private company equity crowdfunding bill changes

FinTech Australia has welcomed significant changes to draft legislation allowing private companies to crowdfund equity, which will ensure investors are protected while at the same time delivering reduced costs and red tape for companies.

The draft crowdfunding legislation was introduced into the Australian Parliament today.

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FinTech Australia welcomes strong performance by Sydney and Melbourne in latest Global Financial Centres Index

FinTech Australia has welcomed the strong performance by Sydney and Melbourne in the latest Global Financial Centres Index, with Sydney now being named as a global leader and Melbourne jumping eight ranking spots.

Published every six months, the index measures the attractiveness of 108 financial centres. It analyses research by major international organisations such as the World Bank and United Nations alongside thousands of survey responses. Read more