innovation statement: startups free to fail in bid to encourage risk taking /

Published at 2015-12-07 04:04:28

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Government’s $1.1bn innovation package includes a relaxation of personal liability laws and tax incentives to promote investment in the early stages Personal liability laws for company directors whose trade ventures fail will be relaxed in a bid to encourage investors to occupy more risks with new ventures, as fragment of a $1.1bn innovation package announced on Monday. Related: Malcolm Turnbull's innovation package offers tax breaks and school focus Continue reading...

Source: theguardian.com

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