Announced in the Federal Budget 2022-23 is the expansion of access to employee share schemes and the reduction of red tape so that more employees can share in the business growth they help to generate. While touted as a measure that is beneficial for both employees and business, Professor Rick Krever tells us why this may be far from the case. ‘Putting all your eggs in one basket’ is a presentation that takes the audience on an historical journey through the nearly 50-year history of employee share schemes in Australia, interweaving politics, policy, tax, and how we should split our human capital and investment capital. Ultimately, Professor Krever explains why employee share schemes breach the fundamental rule of investing – individuals should always diversify their risk.
See Rick’s presentation here