Equity crowdfunding tipped to end innovation aversion

The perception of 'innovation' as a job destroyer and a vote loser could be turned around by the newfound ability for Australia's 2 million private businesses to offer shares to ordinary investors, industry observers say.

"We have the opportunity to invest in established companies on the Australian Stock Exchange, but there is no comparable marketplace to invest in start-up ideas that could change the world," said Ben Bucknell, the founder of OnMarket Bookbuilds.