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Blog

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Startups
Section 254T Dividend Test: How Australian Startups Can Legally Pay Dividends Under the Solvency-Based Test
8 Sep 2026|7 Mins Read

Most startup founders never think about dividends, and for good reason: venture-backed companies reinvest everything, and the standard investor consent schedule makes paying a dividend a reserved …

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Venture capital
Reserved Matters and Investor Consent Rights: How the Standard Australian VC Investor Consent Schedule Actually Constrains Founders Post-Round
7 Sep 2026|9 Mins Read

Somewhere near the bottom of most Australian term sheets sits a line that reads something like “customary investor consent rights / reserved matters”. It attracts far less negotiation than …

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Startups
Age Assurance and the Social Media Minimum Age Act: What Australian Consumer Tech Startups Must Do From December 2025
4 Sep 2026|8 Mins Read

On 10 December 2025, Australia became the first country in the world to require social media platforms to keep under-16s off their services. The Online Safety Amendment (Social Media Minimum Age) Act …

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Startups
University Spinouts and Technology Transfer: Negotiating Background IP, Exclusive Licences and Equity With Australian Research Institutions
1 Sep 2026|7 Mins Read

Australian universities produce world-class research and, increasingly, the companies that commercialise it. But a university spinout starts life with a negotiation most founders never face: the …

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Startups
Small Business CGT Concessions on Startup Exit: The 15-Year Exemption, Active Asset Test and How Founders Actually Access Them
31 Aug 2026|10 Mins Read

Somewhere in every founder’s exit planning, an adviser mentions that the small business CGT concessions can make a sale of the business entirely tax-free, and the room goes quiet. It’s …

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Startups
Australian Financial Services Licences for Fintech Startups: When You Need One, When You Don't, and the Authorised Representative Route
28 Aug 2026|9 Mins Read

Ask a fintech founder about licensing and you’ll usually hear one of two things: “we’ll get an AFSL when we raise our Series A” or “we don’t need one — we’re …

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