The Federal Government has gone some way to overcoming industry concerns about its proposed telecommunications sector security reform legislation, with two of the key industry bodies acknowledging that a revised draft of the legislation just released has, at least, taken into account some of their concerns.

Australian equity crowdfunding platform VentureCrowd is raising $1.5 million of its own at a pre-money valuation of $10 million to accelerate growth across equity, property and credit asset platforms.

The chairman of the Australian Communications and Media Authority, Chris Chapman, has delivered his last annual report, taking the opportunity to reconfirm that the current arrangements for media and communications legislation and regulation in Australia are under strain and “increasingly unsuited to optimising the public interest”.