House debates

Wednesday, 30 November 2016

Bills

Corporations Amendment (Crowd-sourced Funding) Bill 2016; Second Reading

7:29 pm

Photo of Sarah HendersonSarah Henderson (Corangamite, Liberal Party) Share this | Hansard source

In the 30 seconds I have remaining, I want to celebrate the Turnbull government's strong innovation agenda. The Corporations Amendment (Crowd-sourced Funding) Bill 2016 enables unlisted public companies with less than $25 million in assets and annual turnover to facilitate crowd-sourced equity funding. In contrast to Labor, which did nothing in this space, we are getting on with the job of supporting small businesses. Now we hear from Labor that they want to delay this bill. We will not delay this bill. We are reaching out to businesses, giving them every opportunity to grow and create jobs in this great nation.

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