Given that Australians have the highest per capita gambling losses in the world (http://www.economist.com/blogs/graphicdetail/2014/02/daily-c...), I'm surprised that the regulations around funding startups are so risk averse. Also ironic that angel investing from super funds is deemed "too risky" but using your super to get an interest only mortgage to buy an "investment" property with negative cash flow is just fine. Clearly there are powerful established interests at work...

EDIT: Given that Melbourne are currently 15th on the AFL ladder anyone would be crazy to bet on them winning on the Grand Final. Port Adelaide, on the other hand... ;)