When all the pitfalls for small business are combined it is indeed a miracle that the nation’s biggest employer can keep any of their doors open. More than 45,000 businesses have disappeared from across Australia since 2022, the first year of Labor Government.

Now Albo’s capital gains tax of 47 per cent, or death tax in disguise will finish off any small business still operating. Investment homes have also been targeted with a 47 per cent tax on capital gains if sold after July 2027.

The residential housing market has nearly collapsed as a result and recent home auctions have seen clearance rates plummet.

With an election two years away it is doubtful there will be much of anything left standing in Australia by then.

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By cairnsnews

From the land of Australians

19 thought on “Albanese’s dismantling of small business: 45,000 gone thanks to red, green and black tape”
  1. https://ifunny.co/picture/thank-you-to-all-the-jews-who-saved-us-during-D1SW3tvMB
    .
    “U.S. Govt,. to give ‘minority’ status to Jewish owned businesses, Conferring Billions In Benefits”
    :
    “Americans, who have the highest incomes in the country of any ethno-religious group, are going to be eligible for billions of dollars in new benefits meant to help struggling “minorities” under new rules from the US Department of Commerce.”
    .
    “We’re going to be able to benefit from billions of dollars of these programs, contracts, some loans, grants, the hundreds of different programs that every single Jewish business is going to benefit from,” Duvi Honig, founder and CEO of the Orthodox Jewish Chamber of Commerce, told JNS.”
    .
    “This is something that impacts everyone—every single business in the Jewish world, in all 50 states,” Honig said. “We are officially a partner with the United States Department of Commerce and the government.”
    https://sfawbn.com/home/2025/01/22/u-s-govt-to-give-minority-status-to-jewish-owned-businesses-conferring-billions-in-benefits/
    .
    Isn’t that special?
    “The Jewish world”…”in all 50 states”….
    ZOG WORLD INC.
    .

  2. Commenter editor
    I asked the bot to exclude on-the-ground people like nurses schoolteachers cops etc so the bot is not lying this time

  3. In the UK, whilst small British businesses are closely down weekly due to similar economic pressure, the streets are filling with thousands of Turkish barber shops, Middle Eastern food shops and Asian phone repair and vape shops. They’ve sprung up everywhere.
    .
    Last March over seven hundred barber shops were raided and closed down. These shops are mostly cash payments with not enough customers to justify the costs of operating a business in their locations. They could barely cover the rent.
    .
    So what’s really going on?, of course, like the old Italian pizzarias, the shops are fronts for money laundering for the Turkish and Asian mafia. Mostly relating to the illegal immigration industry.
    .
    The Reform UK party are extremely vocal in highlighting this, informing the people of what really going on. If voted into government they will be going in hard on these racketeering shops.
    .

  4. Dennis I can see Labor winning the next election with 10% of the vote

  5. Who got an Order of Australia medal, we see Christine Holgate, former CEO of Australia Post, who was sacked for being too successful. After improving the fortunes of AP to a large degree she went on a project to convert small town AP branches to bank services, as they have had in NZ for many decades. To remove her a scandal was sought and they came up with the 4 gold watches handed out in lieu of big cash bonuses reportedly could have totalled $600,000. Maybe someone was disgruntled with their small bonus ? Anyway the banks got on the case and she was booted out. So when you ask why your small town is being ruined, the answer is in part, the banks.
    We see Clive is pushing for zonal tax arrangements, if you are 200km out of a major city you pay less tax. We need to know what threats the current CEO is aware of in relation to converting AP branches to a national savings bank. This is super, super important to break the banksters’ control over the government. Rural people in particular need to start demanding it. If you all don’t you’re mad. Probably better to start your own anyway and the infiltration will take longer. Good luck.
    When ChatGPT first came out a couple of years ago a chappie I know wanted us to test it so we asked about Christine Holgate. The chatbot fed us a stream of filthy lies about her corruption, I don’t know where it got all that shit from, but the chatbot is not allowed to reference such places as RT.com ( Russia Today ). But I already knew CH had got a new CEO job at a big logistics place. Personally I could not be bothered with too much logistics, it’s like a battery farm, yawn.
    I can’t wait for the future when your boss is an actual robot and does the interviews, everything. Then it comes around at clock on time and says “You are 30 seconds late you will be docked 10 minutes, in future be sure to arrive 5 minutes early”. The robot boss will have microphones and cameras everywhere and will be doing simultaneous analysis of everything. It will talk into everyone’s headset, different things at the same time, to ensure “just in time” process is followed. You think Amazon and Foxcomm were bad wait until you get robo-boss.

  6. Commenter aretenants
    You have to pay the bank a few hundred dollars and they release the mortgage, it might take a little persistence, then you get a crappy email instead of a nice certificate. Print out the email and keep a copy in a safe place, possibly frame a copy too.

  7. The problem that most people face stems from their failure in understanding that the economic system is not designed around ‘income from earnings,’ it’s designed around ‘income from debt.’
    .
    The economic system basically boils down to one thing, i.e., – is the asset growing faster than the debt? – that’s it.
    .
    If the answer is yes, then selling doesn’t make much sense. As long as the asset is compounding faster than the debt, then life is perpetually good. This is why intelligent people never sell their assets.
    .
    At the other end, most people spend their entire financial lives chasing income. They chase the better job, demand wage rises, put in more overtime, more effort, etc. And still it feels tight.
    .
    Those who understand the system, act upon it. They don’t optimise for income, they optimise for control of the assets, – they care about what compounds tomorrow, not what pays them today.
    .
    This is not emotional, its mechanical. Its how the economic system is designed.
    .

  8. Visited the ATO website a while back and grazed on some info about business registration. Create an ABN and guess who is the legal title holder? All businesses are ‘owned’. Same with the family home or investment anything. For property, there seems to be another layer of deception. The hint is in the title, ‘Joint Tenancy’ and ‘Tenants in Common’. Tenants of who exactly? The winners are the banks. They bloated their books on the way up with fractional reserve ‘lending’, creating debt from promissory notes signed by ‘borrowers’. They will weep crocodile tears as they seize assets.
    When MSM backed Albo for the leadership of Labor after Bill Shorten lost the election, they were making a tactical decision based on assessing who would be the more useful idiot of the two.

  9. Good luck with starting a new company, unless Pauline or anyone other than Labor/Greens gets in!

    Neville, by the way, I used to run a small bookshop (that never paid tax … Wink wink), and that was over 10 years ago. The breakeven cost was $25,000 per year.

    It’s gotta be far more than 40 coffees to break even! … More like 80 or more. AI reckons 200 per day initially, but then the example it gave stated 50 per day, qualified by whether it was a suburban or city shop!

  10. The latest minimum pay rise is certainly going to upset small business just think of the coffee shop in a shopping centre who has to buy coffee and cake to sell to pay rent and wages at approx $25 per hours plus penalty rates on Sat & Sun + public holidays who had to sell 27 cups of coffee before they showed a profit for the day now will most likely have to sell 38 coffees or more to survive, I can see them walking out the door and not returning because they will find they can make more from Centrelink or maybe score a gig in the public service seeing the government is so flash with cash the MP’s can afford themselves an increase .

  11. Without a doubt, ONE NATION WILL WIN EVERY SEAT at the next election,which probably will be just a few months away

    LABOUR is devastating its own pathway and IT IS A CREDIT TO THEM EVEN AS A KINDERGARTEN ORGANIZATION..WHO WOULD HAVE THOUGHT THEY WOULD HAVE SHOWN THEMSELVES TO BE SOOOO STUPID. They apparently hate kindy and are hellbent oin dispersing it into oblivion all on their sweet own.

  12. Asked the bot about public servants:
    “… estimate is around 700,000 government administration and bureaucracy roles across all levels of government.
    Asked the bot about small business:
    “… 823,000 registered sole-trader businesses held ABNs in 2025.”
    So the small business collects 10% GST by adding it onto their bill, and the government pays 12% superannuation to their control cohort.
    700,000 x 12% = 84 units
    823,000 x 10% = 82.3 units
    So if the sole trader small businesses worked the same hours and pay as the public servants then the sole traders GST would just about cover the public servants superannuation costs. Why should a 55 year old bricklayer pay for a cosseted public servant’s super instead of his own ? This is slavery.

  13. Yep, as Pat said, it’s all going according to their plan. I’ve been following this ‘plan’ since the mid 80s – the worst is yet to come.

  14. Well folks,
    .
    Everything’s going to plan, it’s all coming along swimmingly.

    Because have you noticed yet? They don’t work for us and they don’t answer to us.
    .
    They have OTHER priorities, set by THEIR baby-eating foreign owners and Masters.
    .
    And THEIR objective is to dismantle and demolish what we once THOUGHT was our country, a long long time ago in a galaxy far far away.
    .
    Still plenty more angst and humiliation and suffering and destitution and starvation and death to come yet, folks, still another five or six more years before enough Useless Eaters have nothing left to lose and Mr. Rope and Mr. Lamp Post FINALLY ride into town.

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