This chart tells you everything you need to know about the downturn in property prices

With national property values down by 5.2% in September from their March peak, Australia’s housing market is in a distinct downturn. This has sparked concerns voiced by Opposition Leader Angus Taylor of a housing market “in freefall”. Translated into dollar terms, using the Doma…

Tall Poppy Syndrome finally made its way into law.

The Treasurer says the new startup tax rules will drop next week

Chalmers drops startup tax bill next week—CGT carrots, R&D cuts and VC tweaks.

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.

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.

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.

The government wants trusts to pay a minimum 30% tax. What’s behind the changes?

Sarinyapinngam/Getty Images This week, the federal government introduced into parliament proposed changes to discretionary trusts, imposing a new minimum 30% tax rate on income from trusts. While these trusts can have legitimate uses, particularly for small businesses, they can…

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.