Australian Innovation Agenda Development Plan
The Federal government instigated a reformation precedent this week. The agenda states; (http://www.dpmc.gov.au/publications/Industry_Innovation_and_Competitiveness_Agenda/docs/industry_innovation_competitiveness_agenda.pdf)
The internet has facilitated the development of new fund raising markets which can turn clever ideas into new businesses. Crowd-sourced equity funding (CSEF) has the potential to act as an alternative to traditional bank debt funding for Australian businesses, including small business. Several countries, including the United Kingdom and New Zealand, have implemented crowd-sourced equity funding regulatory regimes.
The internet has facilitated the development of new fund raising markets which can turn clever ideas into new businesses. Crowd-sourced equity funding (CSEF) has the potential to act as an alternative to traditional bank debt funding for Australian businesses, including small business. Several countries, including the United Kingdom and New Zealand, have implemented crowd-sourced equity funding regulatory regimes.
A government advisory body with strong financial market experience released a report
into the regulation of CSEF in May 2014. The Corporations and Markets Advisory
Committee (CAMAC) found that the current law makes it difficult for companies to
use CSEF to raise crucial initial ‘seed’ or early stage capital to help innovative start
ups and other small enterprises develop. CAMAC (2014) recommended an alternative
regulatory framework be developed which could boost competitiveness and innovation
by increasing the funding options available to entrepreneurs. The Chief Scientist has
also recommended the Government facilitate access to novel sources of equity funding,
including crowd funding, in order to lift the capacity of Australian SMEs to break into
global value chains.
The Assistant Treasurer will consult widely on a regulatory framework to facilitate crowd sourced equity funding, building on CAMAC’s report. The consultation process will seek to ensure that any regulatory framework effectively balances the aims of reducing compliance costs, including for small businesses, and maintaining an appropriate level of investor protection.
This plan must reach into the Centerlink (welfare) operations per say, involving Job Network Providers, who assist the unemployed in mandatory action for welfare eligibility. I have had to apply for a set amount of jobs each week to receive a benefit payment which affords food, accommodation, some travel or clothes (and proove it). Whilst actively setting up Horoscorpio, the job network providers have only ability to refer my entrepreneuring to NEIS, whose organisational DEWR has dissolved this year last, and is now under jurisdiction of the Department of Employment.
I filled a complaint with the Ombudsman last week to discover this fact, they (DEWR) having indicated my illegibility, whilst I refuted their claim. The guideline apparently breached was;
• psychic related business (such as mobile Tarot reading, psychic or
hypnotic surgery, aura washing, clairvoyance, numerology)
• providing a platform for the promulgation of political, religious
(e.g. theology, teaching of beliefs, evangelistic ministries) or
philosophical points of view.
The ombudsman offered no assistance saying I just have to apply again, obviously hoping the NEIS agents aren't bias and ignorant. Actually however applying to create Horoscorpio -is- job seeking, so whilst I can fulfil my regular projects, the possibility as 'job searching' in appropriate facilitations obvious in Incubator or Accelerators. I did however apply for regular work last year, and some thousands of jobs too, but with my age and experience nothing has been available, out of lack of full commitment due to Horoscorpio, or lack or basic eligibility (over-qualified). Seemingly for the small to medium business sponsoring of NEIS I would be too limited still, needing casual work.
My current job network provider consultant offered a personal opinion, lately that I take up a course instead, and good advice, despite her later bland attack on the worth of my website and how I was 'doing things' . Hence my current enrolment in a Diploma of Management on a deferred payment scheme which costs some $12000 later, should I earn sufficiently. It's a very good option, but the merits of my 'startup' must be accounted for in the government industry discussions, even though Australia has little to no industry in social media, which globally is on the most part American infrastructure.
The Assistant Treasurer will consult widely on a regulatory framework to facilitate crowd sourced equity funding, building on CAMAC’s report. The consultation process will seek to ensure that any regulatory framework effectively balances the aims of reducing compliance costs, including for small businesses, and maintaining an appropriate level of investor protection.
This plan must reach into the Centerlink (welfare) operations per say, involving Job Network Providers, who assist the unemployed in mandatory action for welfare eligibility. I have had to apply for a set amount of jobs each week to receive a benefit payment which affords food, accommodation, some travel or clothes (and proove it). Whilst actively setting up Horoscorpio, the job network providers have only ability to refer my entrepreneuring to NEIS, whose organisational DEWR has dissolved this year last, and is now under jurisdiction of the Department of Employment.
I filled a complaint with the Ombudsman last week to discover this fact, they (DEWR) having indicated my illegibility, whilst I refuted their claim. The guideline apparently breached was;
• psychic related business (such as mobile Tarot reading, psychic or
hypnotic surgery, aura washing, clairvoyance, numerology)
• providing a platform for the promulgation of political, religious
(e.g. theology, teaching of beliefs, evangelistic ministries) or
philosophical points of view.
The ombudsman offered no assistance saying I just have to apply again, obviously hoping the NEIS agents aren't bias and ignorant. Actually however applying to create Horoscorpio -is- job seeking, so whilst I can fulfil my regular projects, the possibility as 'job searching' in appropriate facilitations obvious in Incubator or Accelerators. I did however apply for regular work last year, and some thousands of jobs too, but with my age and experience nothing has been available, out of lack of full commitment due to Horoscorpio, or lack or basic eligibility (over-qualified). Seemingly for the small to medium business sponsoring of NEIS I would be too limited still, needing casual work.
My current job network provider consultant offered a personal opinion, lately that I take up a course instead, and good advice, despite her later bland attack on the worth of my website and how I was 'doing things' . Hence my current enrolment in a Diploma of Management on a deferred payment scheme which costs some $12000 later, should I earn sufficiently. It's a very good option, but the merits of my 'startup' must be accounted for in the government industry discussions, even though Australia has little to no industry in social media, which globally is on the most part American infrastructure.
Comments
Post a Comment