Skip to main content
See every side of every news story
Get Started
SubscribeLogin
Published • loading... • Updated

Australia loves unicorns, so why are we taxing go-getters like me, Mr Chalmers?

Founders say the changes shift more tax risk onto entrepreneurs while investor incentives remain in place, with one example showing up to $1.41 million in tax.

Summary by Sydney Morning Herald
The removal of capital gains tax concessions is seismic for the founders of daring new businesses. It will hurt Australian enterprise.

3 Articles

The West AustralianThe West Australian
Lean Right

Chalmers just changed middle Australia’s investment equation

The risk is that taxation policy begins influencing investment decisions in ways that may not necessarily produce the best long-term economic outcomes for investors or for capital markets more broadly.

·Australia
Read Full Article
Sydney Morning HeraldSydney Morning Herald
Reposted by
The AgeThe Age
Lean Left

Australia loves unicorns, so why are we taxing go-getters like me, Mr Chalmers?

The removal of capital gains tax concessions is seismic for the founders of daring new businesses. It will hurt Australian enterprise.

·Sydney, Australia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources lean Left
67% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Sydney Morning Herald broke the news in Sydney, Australia on Wednesday, May 13, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

Scott Morrison icon

Scott Morrison

Entrepreneurs icon

Entrepreneurs

Jim Chalmers icon

Jim Chalmers

Startups icon

Startups

Australia icon

Australia

News
Feed Dots Icon
For You
Search Icon
SearchBlindspot LogoBlindspotLocal