In between bites of their sausage sizzles, many Australians may not have realised the impact of their vote on the 4th largest export industry in Australia, Technology.
Australia contributes c1.6% of Global GDP. In comparison we contribute c2.1% of the Fintech market size globally as the 6th largest hub.
Payments, Crypto, CBDC and other financial regulatory and infrastructure changes sit poised with our new Government.
The next steps we take will demonstrate to the world if we are a tech follower or leader.
The opportunity exists, isn't it time Australia put on their big boy technology pants?
https://www.afr.com/technology/australia-gets-its-second-shot-at-being-a-tech-nation-20220523-p5ants