The Government has announced two reviews designed to assist tech start-ups.
The Government will undertake consultation on Australian crowd-sourced equity funding (CSEF), which will consider whether Australia’s corporations law properly regulates and facilitates CSEF.
This follows ASIC’s guidance published last year to promoters of crowd fundraising.
Treasury has separately announced a review into employee share schemes to help address the barriers faced by start-up companies in attracting and retaining staff.