Industry

Members of Generation Y are looking to supplement their careers by moonlighting as micro-entrepreneurs in the sharing economy, according to a new study by NAB. 

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Australia’s sharing economy is expected to grow to $55 billion in the next five years, according to RateSetter.

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Financial services companies must not neglect the maintenance of their core technology in favour of “shiny new [fintech] toys”, says APRA chairman Wayne Byres.

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The Australian Securities Exchange (ASX) has signed on as the principal partner of the inaugural Fintech Business Awards, in a sign of support for the sector’s growth.

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The UK Department for International Trade is assembling a delegation to visit Australia next month and investigate the success of the fintech sector here.

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