Liam Shorte

speaker

320 appearances 2 recordings 1 series first heard May 2026 last heard 7 Jul

Liam Shorte’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.

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The Money Puzzle · Budget fallout: Before you do anything, do this · 21 May 2026 podcast

And so you end up with a huge capital gain when you go to sell the business.

And there are small business concessions.

The government had come out yesterday saying, oh, there are generous concessions out there for people who've got less than $6 million of assets or turnover less than $2 million.

But those rules were set back in 2007, never index-linked, never increased.

And nowadays, just, you know, if you've got your business property in your home, but, you know, own your business property in Sydney, that's probably going up towards, you know, the four or five million anyway.

So it's going to be very easy to go over those six million.

And especially they're talking about new entrepreneurs bringing out new digital strategies and innovation.

We've seen the prices that they go for.

And also, a lot of those small business people, they entice experts in to work with them on the basis that they're going to get some shares in the startup.

You're going to see more and more tech people going, I'm going to sit on my $150,000 to $300,000 salary, and I'm not going to take a chance to go with a startup.

Or the startups, which I've already talked to a few this week, who were talking about either moving to Dubai or New Zealand or Singapore.

There will be some, but they are fairly tough rules to fulfill.

To fulfill.

Yes, that's exactly my reading of it.

Do you think that that one's going to get through Parliament?

I think it will because it's too hard for them to try and work around it.

So it's bringing up strategies now that on your home, should you be paying extra payments or should you just put them in your offset account in case you do?

change houses, because if it's in the offset account, it's your money and the loan balance is outstanding.

And that means that if it does become your investment property, all of that loan balance becomes

negatively geared.

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