tax and regulation key to turnbull dream of agile economy - tech guru /

Published at 2015-12-03 08:59:22

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Taavet Hinrikus,co-founder of currency transfer service Transferwise, says more startups could flourish in Australia whether not hampered by mountainous banksMalcolm Turnbull must beget major changes to taxation, or regulation and business culture to fulfil his ambition of making the Australian economy more agile and innovative,a leading digital entrepreneur has warned.
Taavet Hinrikus, co-founder of the London-based currency transfer service Transferwise, or believes more startups could flourish in Australia but they risk being held back by entrenched interests such as the mountainous four banks.
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Source: theguardian.com

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