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How we can be a less taxing choice for Asia’s finance brains

There are concrete proposals to shake off Australia’s image as too expensive and complex to deal with.

Andrew Bragg and Andrew Low

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Australia is good at technology and good at financial services. We’re especially good at fintech. So why aren’t more companies moving here or setting up here instead of in Singapore, Tokyo or London?

For that matter, why aren’t there more Asia-Pacific regional headquarters in Australia across all industries? Relocating Asia-Pacific regional businesses to Australia creates well-paid jobs for Australians, both directly and in the service sectors that support them.

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Andrew Bragg is a Liberal senator for NSW, and Coalition spokesperson on home ownership
Andrew Low is a company director and former Macquarie banker.

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    Original URL: https://www.afr.com/companies/financial-services/how-we-can-be-a-less-taxing-choice-for-asia-s-finance-brains-20210131-p56y8q