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Government strikes deal to introduce 2.5 percent tax cut to businesses turning over up to $50 million
The government on Friday struck a deal to see the Senate pass a number of the tax cuts for businesses proposed in its 2016 Budget.
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Treasurer Scott Morrison highlights government focus on fintech and possibilities of data sharing
Federal Treasurer Scott Morrison has underlined the government’s support for fintech, telling the G20 Conference on digitising finance, financial inclusion, and financial literacy in Germany of the potential of financial technology to help shape Australia’s economy going forward.
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ASIC launches regulatory sandbox allowing fintechs to test new products and services
First announced by Scott Morrison in May, ASIC has launched its ‘regulatory sandbox’ for fintechs looking to test new financial products and services.
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Government launches new attempt to change equity crowdfunding regulations
After a few months on the shelf, the Government has returned to the issue of equity crowdfunding, introducing a new bill into Parliament yesterday.
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FinTech Australia receives $200,000 in funding from Federal Treasury to promote Australian fintech ecosystem
Australia’s peak fintech body, FinTech Australia has received a $200,000 funding grant from the Federal Treasury to promote Australia as a world leading fintech destination.
