this post was submitted on 03 Aug 2025

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Hit oligopolies, cut tax on businesses and watch Australia's economy grow (www.abc.net.au)

submitted 2 days ago by Deceptichum@quokk.au to c/world@quokk.au

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[–] Mitchie151@lemmy.world 3 points 2 days ago

Great proposal that targets the mega corps, but nothing that looks at the other end of the spectrum. I strongly feel that the negative gearing and CGT discount loophole is what stifles our startup investment though. Few people are willing to risk starting a business when that money could go towards an investment property.