Good morning!
As promised… posting every day until the whole of Australia has seen it.
Show your friends.
Share it round.
Watch it again.
Oh… and for the rest of the world? Have pity on us. It’s our Finance Minister.
@MGRANT65@AngusTaylorMP Not disputing your figures, I haven’t investigated. The current make up of both parties is very different to the past. This isn’t the Labour Party that I voted for all my life- until now that is.
If the Government abolishes the “discount” on capital gains and replaces it with indexation and don’t carve out startup founders and employees they will set back the startup ecosystem in Australia by a decade or more. Founders will leave Australia in big numbers. Founder’s “cost base” isn’t capital but years and years of sacrifice and toil.
At a time when we are about to see a tsunami of job shedding by existing businesses, Australia’s best hope is a wave of startup innovation. A ~50% tax on gains by founders and team members will have disastrous consequences. We need the Government to provide immediate clarity.
@GrantChalmers@craigkellyAFEE He won’t have it because a lot of people already own or are buying a property don’t want to see prices come down and they all vote.
@LocantroTony@VirginAustralia I agree mate, the #Qantas fares are very high. I just flew back from Sydney on DJ, half the price. I’m a lifetime Gold QF flyer but just can’t justify the difference.