Cross the ditch? Startups told to 'do it in NZ' to dodge CGT

SMH · Nick Newling · Thursday 21 May 2026

Cross the ditch? Startups told to 'do it in NZ' to dodge CGT

New Zealand is openly courting Australian entrepreneurs spooked by Labor's incoming capital gains tax changes.

Wellington's running a sale on Australian capital and Canberra's response is to keep stacking the price tags. Every serious tax reform in this country gets the same treatment — the productive end gets the bill, the rentier end gets a wink, and the ambitious end gets a one-way ticket to Auckland.

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