News Pulse for September 7, 2017

A daily download of SME, startup, fintech and tax news from around Australia.

This successful app developer says too many Australian businesses are wasting thousands by missing one crucial step

Craig Gee doesn’t necessarily want to take over the world from his armchair in rural Perth, but he might be helping to build the next app that does.

Speaking to Business Insider from his home office, the founder of website and app development company GetYourApp says he’s built his business on the belief that, in a digital world, “all businesses are equal”.

This is a double-edged sword for entrepreneurs, as Australian small businesses are fighting it out on the same battlefield, with the same opportunities and pitfalls, as their global competitors.

ASIC Enforcement Review Taskforce consults on ASIC’s power to ban senior officials in the financial sector | The Hon Kelly O’Dwyer MP

The Government welcomes today’s release of the ASICAustralian Securities and Investments Commission (ASIC) is Australia’s corporate, markets and financial services regulator. asic.gov.au Enforcement Review Taskforce position paper titled ‘ ASICAustralian Securities and Investments Commission (ASIC) is Australia’s corporate, markets and financial services regulator. asic.gov.au’s power to ban senior officials in the financial sector’ .

In its final report, the Financial System (Murray) Inquiry concluded that ASICAustralian Securities and Investments Commission (ASIC) is Australia’s corporate, markets and financial services regulator. asic.gov.au’s banning powers against individuals needed to be enhanced to improve accountability of managers and the culture of firms in the financial services and credit sectors.

Courier startup Sendle just signed a major deal with eBay

Sendle, the Sydney-based startup that’s a growing challenger to Australia Post in parcel delivery for small business, has just signed a major deal with online marketplace eBay.

The integration deal lets sellers link their eBay account to the Sendle service, which offers door-to-door delivery at lower prices.

Telstra receives fewer requests for ‘metadata’

In FY17 Telstra received more warrants for telecommunications interception or access to stored communications compared to the prior year. However, the telco has revealed it received fewer requests for warrant-free access to customer information — often dubbed telecommunications ‘metadata’.

The telco’s annual sustainability report  reveals Telstra received 2617 warrants for interception or access to stored communications during the year — compared to 2478 in the prior year.

The top five problems this year’s EY FinTech Australia Census is trying to solve

For the second year, EY Sweeney and FinTech Australia have come together to survey Australia’s fintech industry to check on its progress and identify its strengths and future priorities.

We’re closing the survey this Friday to analyse the data, and prepare the census report for launch at our upcoming Intersekt FinTech Festival in Melbourne.

Tips, comments or suggestions? Let me know in the comments, send me an email or tweet me @simeonduncan.

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