Is Australia Killing Startups?

Is Australia Killing Startups?

From Podcast My Business by Tony Skinner

May 18, 2026 · 26 min

About this episode

This episode discusses the impact of Australia's Federal Budget on startups and small businesses, featuring insights from Karan Anand of Hnry Australia.

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…

People in this episode

Host: Tony Skinner

Guest: Karan Anand

Topics covered

  • startup concerns
  • tax changes
  • innovation
  • small business
  • economic impact
  • venture capital

Keywords

  • Federal Budget
  • innovation
  • CGT changes
  • employee share schemes
  • tax system
  • small business support
  • venture capital

Mentioned in this episode

Organizations: Hnry Australia

Places: Australia, Australian

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