Boost Juice Founder Warns Labor Budget Could Discourage Start-Ups

Janine Allis attends the 63rd TV WEEK Logie Awards at The Star, Sydney on July 30, 2023 in Sydney, Australia. Sam Tabone/Getty ImagesBoost Juice founder and former Shark Tank Australia judge Janine Allis has criticised the federal budget, warning that changes to capital gains tax and negative gearing could discourage Australians from starting businesses.The Labor government’s budget includes changes that will replace the 50 percent capital gains tax discount for most new investments from July 2027 with inflation indexation and a minimum 30 percent tax on capital gains.