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ARTICLE · 26 JUNE 2015

Wind in the sails: Recent developments help steer start-ups in the right direction

Swaab Attorneys
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The latest instalment provides insight into recent developments which will have an impact on Australian start-ups.

AustraliaCorporate/Commercial Law
Swaab Author
Swaab Author
Nicholas Mark
Nicholas Mark
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IN BRIEF

In the first two articles in our series focussing on issues relating to start-up businesses we looked at the various funding sources and funding models available in relation to start-ups. Following the delivery of the Abbott Government's second budget last month, our latest instalment provides insight into a number of recent developments which will have a particular impact on Australian start-ups.

INTRODUCTION

The 2015 Budget focussed heavily on growing jobs and small business and included specific measures designed to encourage and support new start-up businesses and entrepreneurship, and to facilitate further venture capital investment in emerging Australian companies. Based on the government's own estimation that some 13% of Australia's adult population are involved in starting or running a small business, these developments have the potential to be particularly effective.

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