FINTECH AUSTRALIA SUBMISSION: FinTech Australia Recommendations for Reform of the Australian Financial Services
The following document has been prepared in consultation with Fintech Australia, the national financial services technology industry body, for the purposes of providing the Department of Treasury with clear recommendations for financial reform that would improve the operating environments for Fintech companies, in turn boosting the Australian economy.
The report covers nine areas of financial technology, and presents related key recommendations for policy reform and other strategic initiatives. These areas and the priority reform objectives are outlined in brief below. Further detail on the rationale behind each recommendation, and international benchmarks regarding these issues, can be found in the body of the report.