“The Lanwins’ big decision comes as #entrepreneurs continue to blast the Albanese #government’s proposal to remove the 50 per cent #CGT discount for all #assets, including #property and #shares. Afterpay co-founder Nick Molnar, one of the country’s most successful tech founders, said the changes would mean future founders would be better off overseas.” “The more we looked into it, the more attractive the options – cost of living, low company tax, low personal tax, genuine #incentives to #invest and #grow locally that don’t come with thousands of sheets of #paperwork and narrow #definitions,” Yhana Lanwin said.”

The State provides food, security, services. In return it asks those who can, contribute more and individualistic people complain. What do the Lanwin’s uniquely contribute to the Country to deserve special political treatment?

Risk, reward.

You want more risk, I say your failure is not securing more funding to make a better product to sell more in Aus. Cant get funding Aus? Yeah, that’s the risk adverse business culture of Aus. Dig a hole, get money. Build something, a big NO. You would most likely have left anyway, the traditional port being SV.

Good luck and know that .ie has a similar housing problem as Aus AND a history of sectarian violence with soggy weather.

#Australia / #Whinging / #RiskAversion / #technology <https://www.afr.com/technology/perth-couple-flee-australia-s-taxes-for-entrepreneur-friendly-eu-20260520-p5zz4s> (paywall) / <https://archive.md/rc9nr>