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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Record
| Original publisher | Geoffrey Huntley |
| Canonical URL | https://ghuntley.com/livid/ |
| Publication time | Mon, 18 May 2026 04:34:06 +0000 |
| Retrieval time | 2026-05-18T05:04:56.107Z |
| Last seen | 2026-05-18T05:04:56.107Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | fYZF_krKkdjG |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
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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Excerpt limited to ~120 words for fair-use compliance. The full article is at Geoffrey Huntley.
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