[LINK] Receommendations to facilitate financial innovation

[Marghanita da Cruz]

 From today's report:
> The Inquiry’s recommendations to facilitate innovation aim to:
>
>     Encourage industry and government to work together to identify innovation opportunities and emerging network benefits where government may need to facilitate industry coordination and action.
>     Strengthen Australia’s digital identity framework through the development of a national strategy for a federated-style model of trusted digital identities.
>     Remove unnecessary regulatory impediments to innovation, particularly in the payments system and in fundraising for small businesses.
>     Enable the development of data-driven business models through holding a Productivity Commission Inquiry into the costs and benefits of increasing access to and improving the use of private and public sector data.
>
> These recommendations will contribute to developing a dynamic, competitive, growth-oriented and forward-looking financial system for Australia.
http://fsi.gov.au/publications/final-report/executive-summary/
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Marghanita da Cruz
Telephone: 0414-869202
Ramin Communications Pty Ltd
http://www.ramin.com.au