Superannuation funds may be discouraged from investing in technology start-up companies. From 1 July 2014, super funds will have to disclose the value of each investment. The reforms aim to increase transparency about the investments of super funds. However, new businesses may not wish to publicise their value during the early years of their development. Super funds may also place artificial values on companies to meet their own priorities.
Publication Date: 1 April 2014
NITRO ADOBE CORPORATION SHOES OF PREY PTY LTD MLC LIMITED NATIONAL AUSTRALIA BANK LIMITED - ASX NAB AIRBNB AUSTRALIA PTY LTD BIGCOMMERCE PTY LTD BLACKBIRD VENTURES PTY LTD AUSTRALIA. DEPT OF FINANCE