Shadow minister for the digital economy Ed Husic has ripped into FinTech Australia over comments it made to StartupSmart a day after equity crowdfunding legislation passed through the Senate on Monday.
"My view was that they only focused their representation [on] a handful of platforms that are their members as opposed to the wider range of fintech members who would be locked out from using the system," Husic tells StartupSmart.
"This bill locks out so many people that even the small business ombudsman, Kate Carnell, said it would make more sense to wait for the changes to accommodate...
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