Is Australia Killing Startups?

Today’s Federal Budget has sparked a fierce debate across Australia’s startup and small business community. Some founders are calling it the biggest threat to innovation in years. Others say it’s a necessary correction. But one thing is clear — sole traders, startups, investors and small business owners are all paying close attention. In this special episode of Podcast My Business, Tony Skinner speaks with Karan Anand from Hnry Australia about the tax changes, startup concerns, and what this budget could mean for the future of Australian business. The conversation explores: Why venture capital and startup founders are reacting so strongly Whether the new CGT changes could discourage innovation Concerns around employee share schemes and attracting talent Why some businesses may look overseas The permanent $20,000 instant asset write-off AI-powered ATO compliance and audits Monthly PAYG discussions and real-time tax systems Why sole traders often miss out on government support The growing pressure on small businesses doing the right thing Tony and Karan also discuss the wider economic picture, including fuel relief, housing concerns, the shadow economy, and the increasing role of data and automation in the Australian tax system. Whether you’re running a startup, working as a sole trader, investing in business, or simply trying to understand where the Australian economy is heading — this episode gives a grounded look at one of the biggest business debates happening right now. Karan Anand – Hnry Australia Podcast My Business Content Made Easy GuestPodcast ChannelVideo & Content Production