News

Number of news items returned: 181 to 200 records of 359

Mandala Announces Acquisition of Two Properties

03 September 2015

(11634 views)

"Mandala Asset Solutions Pty Limited as manager of the Trinity Accommodation Regional Hospitality Fund (TARHF) is delighted to announce the ...

Two key milestones for Your Digital File in August

31 August 2015

(9647 views)

"August included two key milestones for Your Digital File: The launch of Pilot programs in the legal and educational sectors Our new ...

Uchoose confirms 6th consecutive quarter of sales growth and welcomes leading industry authority to advisory role.

31 August 2015

(9883 views)

"Uchoose is pleased to announce its 6th consecutive quarter of growth in sales for April-June and to coincide with this ...

Private Funding

29 August 2015

(10998 views)

Looking for Private Funding to grow your business?  We can assist with your financing strategy whether it being to raise ...

Funding Strategies Connect - August 2015

28 August 2015

(11026 views)

Dear Readers, A busy month has flown by with great achievements by some of our clients. Our congratulations go to: * Opmantek ...

CRe8 Home & Finance: Private Equity Gateway engaged to broker initial $50M facility

28 August 2015

(11341 views)

CRe8 Home and Finance is very pleased to announce they have engaged Private Equity Gateway Group (PEGG) (introduced by and ...

Raise Capital for my Business

25 August 2015

(11752 views)

It is important to become "investor ready" in order to prepare the business to raise capital.  Generally we follow a ...

Mobicon: New Entity for Mobicon and great financials for 2014-15

21 August 2015

(10702 views)

Early July a new entity was formed. Both Mobicon Systems and Mobicon Rentals are now under the umbrella of Mobicon ...

Opmantek Software voted people's choice for systems management in 2015 American Business Awards

14 August 2015

(11035 views)

Opmantek Software has been voted America’s favourite systems management product in The 13th Annual American Business Awards. Opmantek’s newest accolade was ...

Opmantek voted America's favourite in US Business Awards

13 August 2015

(10796 views)

GOLD Coast IT success story Opmantek has snared the Oscars of the US business world. The Surfers Paradise-based software firm has ...

Opmantek proves Gold Coast can be a Global IT Leader

13 August 2015

(11423 views)

The Business News Australia website has published the following article written by Jenna Rathbone about Opmantek, on August 13th, 2015: "A ...

CRe8 Releases Supplementary Offer Document

12 August 2015

(10827 views)

CRe8 Home & Finance Ltd has experienced material changes to its offer since launching in March 2015. These material changes are: • ...

CRe8 Home & Finance closes Round 2

11 August 2015

(10589 views)

CRe8 Home & Finance Ltd is pleased to announce its Round 2 offer is now closed. Since launching on ASSOB in ...

Crowd Sourced Equity Funding

06 August 2015

(11873 views)

The Australian Government has released a consultation paper on facilitating crowd-sourced equity funding and submissions are due by Monday 31st ...

Networking Breakfast Events

06 August 2015

(11812 views)

Funding Strategies and BlueMount Capital's Networking Events in Brisbane, Sydney and Melbourne were an opportunity for both investors and issuers. ...

CRe8 Home & Finance: APRA ruling a benefit for CRe8

31 July 2015

(11350 views)

The Australian Prudential Regulatory Authority (APRA) has applied pressure on lenders in regards to lending for investment properties. They have ...

Your Digital File launched its Reseller Program

30 July 2015

(10838 views)

It’s been a busy month for Your Digital File. On the back of strong market interest and sales, Your Digital File ...

Your Digital File launches Expansion Plans

29 July 2015

(11935 views)

Anyone can offer cloud document storage. Anyone can claim their service is secure. Yet the relentless increase in cyber- crime ...

Opmantek fills Round 1 Capital Raise - opens Round 2

28 July 2015

(11454 views)

Opmantek (ASSOB:OMK) is excited to announce that round one of their capital raise is now fully subscribed. Opmantek CEO, Danny ...

Ocular Robotics extends its offer to investors

17 July 2015

(10933 views)

Ocular Robotics has achieved significant milestones in revenue outlook and key staff appointments in recent months. To continue our push ...

"Equity crowdfunding bill passed, but proprietary companies still excluded"

20 March 17

"Equity crowdfunding bill passed, but proprietary companies still excluded"

 

"Retail investors will from September be able to buy up to $10,000 of equity in their favourite business ideas, after crowd-sourced funding legislation passed the Senate.

The legislation will allow unlisted public companies with annual turnover or gross assets of up to $25 million to advertise their business plans on licensed crowdfunding portals, and raise up to $5 million a year to carry them out. Investors can put up to $10,000 a year each into an unlimited number of ideas.

A 48-hour cooling off period had applied to the legislation which passed the House of Representatives in February, however the Labor Opposition successfully amended this to five days, with support from the Greens and the Nick Xenophon Team.

However Labor was unsuccessful in a bid to make the legislation immediately apply to proprietary companies, a structure used by around 99 per cent of Australian businesses.

 

by Michael Bailey, AFR, 20 March 2017

Read more: http://www.afr.com/leadership/entrepreneur/equity-crowdfunding-bill-passed-but-proprietary-companies-still-excluded-20170320-gv1xvt#ixzz4bvzIl98q