The Aussie gov just screwed startup founders. my musings
The Australian government's recent tax proposals have angered startup founders, who feel betrayed by broken election promises. Entrepreneurs are now facing increased tax burdens that complicate financial planning and risk management. This situation has left many business owners questioning the stability and trustworthiness of the government's support for small businesses.
- ▪The new tax proposals increase the tax on moving funds between operating and holding companies, raising concerns for startup founders.
- ▪Capital gains tax for exits has risen significantly, leading to fears of losing a large portion of profits.
- ▪Many entrepreneurs feel that the government's actions undermine the trust necessary for operating a business.
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By Geoffrey Huntley in Activism — 18 May 2026 the aussie gov just screwed startup founders. my musings. grumble grumble. i just got back home to australia this morning. for the last 95 days have been traveling around the world giving keynotes (a topic and tale for a future post)i'm livid. i could be opening up https://latentpatterns.com for trading but instead, like most small businesses in australia we are now having to spend time dealing with the mess made by the australian government.we followed the advice of financial professionals, legal, accountants and through this we structured our businesees. this cost substantial money to setup and will require substantial money to restructure.
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