News

Number of news items returned: 181 to 200 records of 391

2016 So Far, Not So Good

29 January 2016

(11271 views)

"... Whilst 2015 may have finished with a Santa rally in capital markets, 2016 has started horribly with losses across the ...

Gartner lists Opmantek in 2016 Market Guide for Network Automation

27 January 2016

(12010 views)

"Opmantek (ASSOB:OMK) a multi award winning provider of IT infrastructure management and Audit solutions, today announced that it has been ...

Australian Trading & Investment Corporation Ltd – Update

21 January 2016

(10921 views)

"To all interested parties, welcome to an exciting 2016! ...Since our last update we’re finding tremendous traction in setting the foundation ...

Equity Crowdfunding and Investment Opportunties

29 December 2015

(11492 views)

Looking to assist investors and private businesses in 2016 - from the team at Funding Strategies.   Funding Strategies provides Corporate ...

2015: An Inflection Point?

16 December 2015

(11421 views)

"As 2015 draws to a close the year we thought we’d recap the year and look at what’s on the ...

CRe8 Home & Finance Ltd – last chance to participate in this innovative company

14 December 2015

(11389 views)

"...CRe8 has had a stellar 2015, the highlights of which are listed below; Glenvill Homes (CRe8’s home builder partner) committed to ...

Opmantek Sales growth a new record

14 December 2015

(11294 views)

"Opmantek (ASSOB:OMK) has continued on its high growth trajectory signing significant customer agreements in November throughout the USA and Latin ...

Ocular Robotics RE05 3D Scanner to be used in European Space Agency Moon Exploration Project, Rovina Project Shows Off Digital Reconstruction of the ARIS Priscilla Catacombs

08 December 2015

(11805 views)

"Ocular Robotics RE05 3D Scanner to be used in European Space Agency Moon Exploration Project.   Aerospace company GMV have been awarded ...

Australian Trading and Investment Corporation Investor Update

07 December 2015

(11310 views)

"To all interested parties, Since our last update there have been some exciting updates, as listed below:   ..Our model portfolio increased by ...

BioCube Corporation: A Promising Year End for BioCube

04 December 2015

(11691 views)

"This has been a busy and exciting few weeks for the team at BioCube Corporation. Commencing with an Austrade mission ...

BioCube Raising $3 Million

13 November 2015

(11797 views)

The Eco Investor website published the following article about BioCube on November 13th, 2015:   "The developer of a portable and community-sized ...

Funding Strategies Connect - November 2015

12 November 2015

(11239 views)

Dear Readers, Today it is my pleasure to introduce you to BioCube, Appee and China Dairy. Ocular Robotics and Opmantek have both ...

Pre-Christmas Networking Event Invitation

11 November 2015

(10578 views)

We are delighted to invite you  to a pre-Christmas networking event over drinks and canapes with the Funding Strategies &  ...

CRe8 Home & Finance: Close of offer – 18th December 2015

10 November 2015

(11117 views)

To Whom It May Concern: CRe8 has received a positive response from its offer with the following highlights:   Round 1 closed within ...

SEC Adopts Rules to Permit Crowdfunding

01 November 2015

(11081 views)

SEC Adopts Rules to Permit Crowdfunding - big news in the discussion around equity funding for emerging and growing companies! ...

Ocular Robotics Recognised as a Game Changer in Silicon Valley, and Media Interest in the Unique Capabilities of OCR’s 3D Scanners Grows with Articles from SPAR Point Group and Lidar News

26 October 2015

(10766 views)

"Ocular Robotics Recognised as a Game Changer in Silicon Valley. Ocular Robotics has been recognised as a game changer in the ...

Australian Trading and Investment Corporation update: New Team, New Home & Bigger Plans!

23 October 2015

(12603 views)

"Successfully launches a limited Convertible Note offering US Fund Manager and Australian Small Cap Equity Fund Manager join the Management Board The ...

Queensland Premier names Opmantek as Queensland's Leading ICT Exporter and Innovator

23 October 2015

(12364 views)

"Opmantek (ASSOB:OMK) has been acknowledged by Queensland Premier Annastacia Palaszczuk for innovation, leadership and for being QLD’s leading ICT exporter ...

Ocular Robotics Issues Supplementary Offer Document

19 October 2015

(11380 views)

"The Company has issued a Supplementary Offer Document, dated 17th October 2015 in order to provide investors with an update ...

CRe8 Home & Finance: Cornerstone $1m Investor and Trading Halt Update

15 October 2015

(11386 views)

"To Whom It May Concern: We are very pleased and excited to announce that CRe8 Home and Finance Ltd (CRe8) has ...

"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