Speaking to bluenotes, Dr Braganza said Australia had strong science institutions with a close connection to the country’s financial industry including the big four banks, leaving the country very well placed.
"While we've started a little bit behind I think the capacity for us to catch up and lead the world in this area is probably there.” – Braganza
“I think Europe probably moved a little bit earlier than Australia in regulating around the economy,” he said. “The science institutions in Europe probably have a little bit of a head start in what sort of data and knowledge they provide to the finance sector.”
“We're not far behind and we have pretty good capability in Australia. While we've started a little bit behind I think the capacity for us to catch up and lead the world in this area is probably there.”