# Will tax changes really kill small businesses?

An episode of [ABC News Daily](https://invisiblenetwork.ai/podcast/1349523628), 25 May 2026, 16 min.

Audio: https://mediacore-live-production.akamaized.net/audio/02/ks/Z/mg.mp3

Memes featuring an AI-generated Prime Minister Anthony Albanese claim he’s effectively taking a 47 per cent stake in businesses. But what’s the reality of the government’s budget tax changes? Today, we speak with a small business owner who’s concerned about the economic realities of doing business in Australia. We also speak with an economist about the implications of the changes for how Australians build wealth. Featured: Sarcha Thurston, Owner of Yogahub Susan Stone, Credit Union SA Chair of Economics at Adelaide University

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