Australia needs serious tax reform. The current Capital Gains Tax proposal gets parts of that right. A fair system should support workers, help younger Australians get ahead, and encourage productive investment over passive speculation.

I spent five years in VC. The hysterical CGT response misses the point.

Tech’s loudest voices say capital gains tax reform will stifle innovation. But founders also need local capital, affordable housing and room to take risks.

Startup founders scramble for a seat at Chalmers’ table for talks over CGT carveout

Jim Chalmers has opened the door to negotiations with the startup sector over changes to CGT. The question now is who walks through it.

As home loan applications drop, the big four banks face a growing challenge from Macquarie

Over the past week, all four of Australia’s biggest banks have reported falls of between 12% to 20% in new home loan applications since the May federal budget. After announcing it would keep interest rates on hold, the Reserve Bank confirmed demand for new home loans has “declin…

‘Serious flaw’: Inflation tax glitch in government’s CGT reforms

Jim Chalmers’ new capital gains tax on property, shares and other assets has been exposed for still taxing inflation for investors with a diversified portfolio.

One year isn’t enough – why the government needs to keep up the pace of economic reform

It has been a year since the federal government convened its economic reform roundtable – the culmination of a process that flung the doors open on the reforms needed to drive a more prosperous Australia. The roundtable followed a flurry of activity: almost 900 submissions, 75 m…

Tall Poppy Syndrome finally made its way into law.

Jack Dalton on Substack

If you work at a business that you own equity in, that equity should be treated differently to investments in the share market or properties. You might have equity because you started the business, because your company is a co-operative or it may be part of your compensation for taking a below market salary in a risky early stage business. The thing that is true across all three is that the outcome of your work directly influences the value of your equity. This should be taxed differently to speculative investments in the ASX or a 4th investment property.

I spent five years in VC. The hysterical CGT response misses the point.

Tech’s loudest voices say capital gains tax reform will stifle innovation. But founders also need local capital, affordable housing and room to take risks.

This budget punishes young Australians trying to build something

Young Australians need a credible path to wealth. Instead, this budget protects existing property owners and taxes risk-taking harder.