Majority of Australian tech workers support employee share schemes amid CGT reform concerns
By
By Denham Sadler on Jul 07 2026 01:13 PM
Summary
A report reveals that the majority of Australian tech workers are interested in employee share schemes as a wealth-building tool. This comes as the Australian federal government considers exempting such programs from proposed capital gains tax (CGT) reforms, which have sparked concern in the startup community. The changes, announced in the May budget, would eliminate the current 50% CGT discount, potentially impacting employee share ownership plans.
Source
bskyMajority of Australian tech workers support employee share schemes amid CGT reform concernsia.acs.org.auKey quotes
· 3 pulledMost Australian workers are open to employee share schemes as a way to build wealth.
There have been significant concerns in the Australian startup community over the potential impact of the Albanese government's reforms to the capital gains tax (CGT).
Announced in the May budget, the changes will eliminate the current 50 per cent
You might also wanna read
Australian start-up founders' CGT tax revolt: Self-interest disguised as national crisis
The article argues that the backlash from Australian start-up founders against capital gains tax reform is overblown and self-interested. It
afr.com·14d agoTech Workers Contributing to a Future Where Labor is Marginalized and Capital Dominates
The article presents a critical perspective on the future of work in the tech industry, warning that current tech workers are contributing t
California Tech Billionaires Threaten Exodus Over Proposed Vest Tax Legislation
Tech billionaires in California are threatening to leave the state over a proposed 'vest tax' that would tax their windproof synthetic fabri
The Onion·6mo ago
California's Proposed Wealth Tax on Billionaires Sparks Debate Over Economic Impact
The article discusses a proposed California ballot initiative that would impose a one-time wealth tax on approximately 200 of the state's we
theatlantic.com·5mo agoCommonwealth Bank of Australia Faces Criticism for Hiring Indian ICT Workers After Dismissing Australians
The Commonwealth Bank of Australia (CBA) is facing backlash for hiring over 100 Indian software engineers to replace Australian workers it r
ia.acs.org.au·11mo ago
Albanese Government details tax reform implementation for small businesses and startups
The Albanese Government is announcing further implementation details for its tax reform package following post-Budget consultation. The refo
pm.gov.au·11d ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.