Policy Proposal – ESOP

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Young technology companies traditionally use equity in their business as part of an employee’s remuneration. This allows them to compete with larger businesses that may offer a higher salary and is used as a cultural mechanism to ensure the entire team shares in the success (or otherwise) of the business.

Tweaks to Australia’s employee share scheme arrangements would allow startups and scale-ups to more easily provide equity to all of their employees.

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#StartupAUS is excited to announce the formation of the Tech Council of Australia, a new peak industry body representing the technology industry. 
Building on the work of StartupAUS, the Tech Council aims to engage with governments, businesses and the wider community to help support the ongoing creation, development, and adoption of technology across industries, including continuing advocacy policy issues affecting our early-stage startup ecosystem. 
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