@simonbeard_official: We are going to lose so many great founders in this country because of these new laws. I see it happening right now inside One Life Club. Young entrepreneurs no longer need expensive accountants to structure offshore. Claude and Codex can teach them how to settle a Shopify entity in Hong Kong, run holding companies in Singapore, and operate from anywhere while paying almost nothing compared to Australia. I hate hearing them talk about leaving. I built Culture Kings from a market stall with no connections and no investors and paid $70 million in capital gains here. The next version of me is not going to do that. They will not employ a thousand Australians. They will build it offshore from day one. We champion gambling in this country and punish the people taking real risk to build something productive. That is completely backwards.

Simon Beard
Simon Beard
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Region: AU
Tuesday 11 August 2026 10:32:20 GMT
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user74739961858618
user74739961858618 :
Buying property isn’t entrepreneurship 😂
2026-08-12 03:19:26
29
rack_s
Racks :
Labor is cooking the country for short term gains. The foresight they put into these laws ends at the end of their noses
2026-08-11 10:46:35
10
countrytruckercaps
COUNTRYTRUCKERCAPS :
Smart money is leaving bro
2026-08-11 11:14:18
6
c.a.s.p.e.r87
casper :
country is fucked we need new leadership
2026-08-11 10:55:19
5
mwr516
mwr516 :
Both sides of government are corrupt! They only care about their lobbyists! We’re taxed at every turn; income tax, payroll tax, GST, capital gains tax, land tax, fuel excise, stamp duty, motor vehicle tax, liquor/gaming tax, luxury car tax, road-related charges, tobacco tax, fringe benefits tax, property taxes, vacancy taxes (in some states), windfall taxes (in some states), plus tolls, registrations, levies, and even the rising burden of private health insurance. When you add it all up, many Australians are effectively paying 55cents in the dollar earned (offical ATO data from 2022/2023 has it at 52cents). And this current budget is the largest tax increase in Australia’s History. ATO’s own modelling states we could be paying 58c in the dollar. And yet, despite being one of the most resource rich nations in the world with vast reserves of iron ore, gold, lithium, natural gas, lead, nickel, silver, copper, cobalt, rutile, alumina, zircon, bauxite, black/brown and coal to mention a few, yet we are not seeing the level of national prosperity you’d expect. Other countries that retain stronger control over their natural resources (SoE) often generate far greater long term public wealth. Instead, we’re now facing national debt pushing towards $1.1trillion. Plus this current government is spending an extra 180 billion per year vs GDP… And let’s not forget these about these outrageous immigration numbers over the last 4 years… It’s time to dismantle the political establishment!!
2026-08-12 05:47:55
1
milton_21312
M :
i dunno what it is but every video you make is great, love your energy and knowledge.
2026-08-11 21:19:04
3
steveistall
SteveisTall :
Entrepreneur is doing a LOT of heavy lifting here 😂
2026-08-12 22:52:38
1
daylesfordtradingco
Shop Daylesford Trading Co :
100%
2026-08-11 13:00:02
5
notbodhi1
B :
Australia a joke 😂
2026-08-12 01:53:03
1
eel084
eeL :
Of course. We have around 34 jobs we sending overseas.
2026-08-14 09:15:26
1
no.way8432
Nunya Business :
why should a founder pay a lower tax rate than a nurse?
2026-08-24 10:06:11
0
polkins1
polkins :
Without saying you’re right or wrong, do you have any data to back up the claim or is this just your view? I could be wrong but I don’t think there’s any good case studies that support your concerns
2026-08-13 01:22:39
0
aaron.emerich
Aaron.Emerich :
thats me... looking for an exit overseas to do more business elsewhere.
2026-08-14 04:40:33
0
grandmotherclock
👽👽👽 :
small businesses have zero initiative to get into the market
2026-08-14 09:39:03
0
s_i_m_o_n_m
Samwise :
@harrydelltaxtok
2026-08-11 11:51:30
0
xbauerpower
BauerPower :
vote one nation 💪
2026-08-18 00:38:51
0
flyuphere
Henry :
So true
2026-08-12 22:50:49
0
mhartpenten
MHP :
100%
2026-08-17 09:05:16
0
biggregn
Greg :
Bali is going to benefit from this too
2026-08-12 05:48:33
0
alanamohi
Alana :
Yep Australia is done
2026-08-12 03:02:00
0
johnny_migrationlawyer
Johnny Kong | Migration Lawyer :
Definitely. A lot of founders are departing. I see the same. Everyone sees the same. Labor cannot
2026-08-29 08:43:44
0
ampnt6
ampnt6 :
Yep... True... Australia is on the way to its doom
2026-08-12 06:16:49
0
ddu562
Citizen :
I don’t remember you talking about you starting your company based on the tax conditions of the time.
2026-08-12 03:39:42
1
bruva441
Bruva :
Facts ! Bye Australia
2026-08-12 06:23:11
0
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