The Albanese government’s innovation adviser, Tesla chairwoman Robyn Denholm, has told start-ups to stop whingeing about tax changes and focus on artificial intelligence, as venture capitalists grow increasingly concerned they will be excluded from any concessions for start-ups that these early-stage investors fund.
Treasury officials are privately consulting the Australian Investment Council and the Tech Council of Australia about how to create a fair capital gains tax system for start-up founders, employees and investors under Labor’s new tax plan.
Loading…