month period: Proprietary companies with less than 25 million in assets and turnover will be able to raise up to 5 million in any 12-month period through crowd-funding platforms, according to Nine News Australia. This bill's introduction will enable proprietary companies to obtain the capital they need to turn good ideas into commercial successes, while providing Australian investors with a larger pool of choice, assistant minister for treasury and finance Zed Seselja told parliament on Wednesday. To improve your experience update it here News National Private companies to access crowd funding11 25am Sep 12, companies will soon be able to crowd-source money without going public after draft laws cleared parliament. AAP 2018Continue reading PoliticsCONTACT USSend your photos, videos and stories to 9News News How to get rid of an unwanted swimming pool - domain.au Top Stories Hurricane Florence could cause 'catastrophic' 3m storm surgeGALLERYFlorence, new phones and a very Spanish fight for independenceexclusive Man stabbed in neck after confronting 'rubbish dumper'an hour ago Six strawberry brands recalled after more needles found
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