17/05/2026
🗣️🗣️🗣️
Meet my new 47% co-founder.
The Fed Govt announcement on Capital Gains Tax was a kick in the teeth to business owners.
Many would know, I run 3 businesses. iddy bras , I'ara Specialist Support Coordination and The Wright Bros. Comics
There's a lot people don't see behind starting and owning a business.
You don't pay yourself for months, sometimes years.
You don't pay your own super, until you might be able to afford to.
You put your home on the line.
You miss school carnivals, bath times and birthday parties.
You sleep 3-4 hours a night for months at a time.
Your body breaks down, and sometimes your mind.
You miss family time you'll never get back.
You sign up for all of it because one day, maybe, you might build something worth something. Most never do. Most businesses fail. The ones that succeed are usually run by people who have given up far more than any balance sheet will ever show.
This new policy says: do all of that, take all that risk, and when you finally sell, you walk away with much less.
I'm all for paying fair tax. I pay plenty of it. But there's a difference between fair, and discouraging the very people we need building things in this country.
I really hope this one gets a proper rethink.
