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Lenders are the second-most common type of fintech in Australia, taking up a quarter of the sector that is mostly now geared towards expanding offshore.
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Before the Treasurer even begins delivering his budget speech on Tuesday night, weâll already be fully across the governmentâs âdigital economy strategyâ after days of big-noting its plans.
The government has spent the run-up to the budget, talking up its digital economy ideas.Â
Joe Armao
Its approach is always the same: use digital technology and innovation to generate positive headlines, projecting an image of forward thinking and investment in national capability. While the approach might be consistent, delivery rarely follows.
At the heart of Coalition industry and innovation policy is a yawning absence of enduring commitment or recognition of the vital role these sectors will play in Australiaâs future.
Technology by Matthew Benns
Premium Content Like all great ideas, it is obvious now that someone has thought of it - force kids to do maths and English problems in order to unlock the apps on their phones. Sydney entrepreneurs Issac and Ann Elnekave have turned the idea into an app called 1Question and trialled it on their 13-year-old daughter Alyssa. At first I wasn t sure about it, Alyssa said. I didn t want my friends to blame me if their parents made them get it. But, once I started using it I realised it doesn t take that long to answer a question and it s actually pretty cool.