Grant Thornton's Fintech Centre of Excellence welcomes PM Turnbull's plan to make more data publicly available.
With ABS data & map data publicly available at no cost, this enhances financial institutions and disruptive technology's ability to deliver insights and adapt new technology to enhance the customer experience.
Mr Turnbull spoke to fintech industry luminaries at the official launch of the OnMarket Bookbuild app last week.Mr Turnbull spoke about the government's Digital Transformation Office, modelled on other agencies in places like the UK."The aim is to deliver digital government by 2017. Critically for the fintech industry, Mr Turnbull said his government would have a "deep 'open data' agenda"."Now there are obviously some categories of government data that cannot be made available by an open API for security reasons. There are others where there are big privacy concerns," he said."But generally, data that belongs to the government [...] should be available to be used by developers, by the public in a creative and innovative way," There is a massive area of innovative Australian technologies [companies] which rely upon government-assembled geospatial data being made available."