Protection or exclusion? A change to who qualifies as a ‘sophisticated investor’
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There are reports that the federal government is considering lifting the threshold to qualify as a sophisticated investor, which means fewer people will have access to complex but lucrative investments.
The change would dictate who can invest in start-ups.
And well well meaning, peer reviewed research suggests it’s likely to be counterproductive for both investors and the start-up ecosystem.
CPA Australia’s business expert, Gavan Ord joined Jamie Burnett on 6PR Weekends to explain the changes.
CLICK PLAY below to learn more.