Start-ups call for changes to key rules

Australia's start-up industry has banded together to lobby the Abbott govt.

The who’s who of Australia’s start-up industry have banded together to lobby the Abbott government to hasten its review into employee share option schemes, make crowd-sourced equity funding legal and create new visas for entrepreneurs.

The not-for-profit group StartupAus says start-ups could contribute about $110 billion in economic benefit but Canberra must stop dragging its feet on key initiatives to create a viable platform for them to prosper.

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