Australia hopes fintech will be its golden ticket, but it's **t that easy
 

Australia hopes fintech will be its golden ticket, but it's **t that easy
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Australia's gone mad for fintech, but whether it will prove the country's golden ticket as the mining boom dries up is a**ther question.

The industry has certainly captured the Australian government's imagination, however. A speech can hardly go by without fintech being name-checked by politicians standing in warehouse-turned-startup hubs across the nation

SEE ALSO: Global tech companies to pay up as Australia gets its own 'Google Tax'


In the 2016 Budget passed down Tuesday, fintech startups were among the most prominent beneficiaries of federal largesse. The government set aside A$200,000 to promote Australia internationally as a fintech market and it's considering creating an idea-testing "sandbox", which will let fintech startups operate without certain regulations for up to six months. Read more...


More about Budget 2016, Fintech, Australia, Business, and Startupshttp://feeds.feedburner.com/~r/Mashable/~4/dlYxYWWSuuo