<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Multimillionaire Boost Juice founder Janine Allis has criticised the </span><a href="https://www.9news.com.au/federal-budget" rel="" target="_blank" title="federal budget's"><span>federal budget's</span></a><span> tax changes, saying they are "just so unfair".</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>In a social media video, the typically apolitical Allis said Labor's decision to </span><a href="https://www.9news.com.au/national/federal-budget-2026-changes-to-negative-gearing-capital-gains-tax-discount-explained/0a2e7bcf-5c7b-42bc-88d1-788c34aa9eb2" rel="" target="_blank" title="wind back the capital gains tax discount and grandfather negative gearing"><span>wind back the capital gains tax discount and grandfather negative gearing</span></a><span> would "destroy the core of what Australians are".</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"I would put my house on the line, I put everything on the line, and then I work my absolute butt off, risk everything, be away from my family, etc," she said.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE: </span></strong><a href="https://www.9news.com.au/national/federal-budget-2026-opposition-leader-angus-taylor-pledges-huge-boost-to-instant-asset-writeoff-for-small-businesses/21358f58-9c3f-4b91-9eaa-dda3a546f209" rel="" target="_blank" title=""><strong><span>Taylor waves in a potential tradie bonanza</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"To eventually make a profit and give nearly half to the government?</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Oh my god, that is just so unfair. It doesn't allow you to get ahead, it doesn't inspire you to actually take the risks that you need to take."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/national/federal-budget-2026-haunted-by-ghost-of-election-past-labor-pushes-forward/5c565eca-395e-4da8-a907-4f4feb9d04f9" rel="" target="_blank" title="The government broke an election promise"><span>The government broke an election promise</span></a><span> by moving to replace the capital gains tax discount with a less generous inflation-linked rate and a minimum 30 per cent rate.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/federal-budget-2026-boost-juice-founder-lashes-federal-budget/be5899df-8057-4d61-a06f-828bb1430f73" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Negative gearing will be limited to new builds and no longer apply to any existing properties bought after 7.30pm on May 12.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Both policies are commonly used for property, but the capital gains tax discount can apply to most capital assets, like managed funds, while negative gearing can apply to other income-producing assets like shares.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Allis said she believed the changes would kill ambition to start a business and ward off investment from global businesses.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE: </span></strong><a href="https://www.9news.com.au/national/adelaide-could-receive-biggest-rainfall-of-2026/41d43270-87a2-4880-b310-f227e13e9a06" rel="" target="_blank" title=""><strong><span>Aussie capital set for year's biggest soaking this weekend</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"If you tell people on election that you're not going to be touching their negative gearing and capital gains tax, you have to stick with it," she said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"The reason being is people make decisions in business based on what you tell them. If you don't tell the truth or change your mind, it's too big of a decision.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"I might have misunderstood it, I hope I have, it's not passed but if it does, the unintended consequences of this is horrific." </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Allis is one of the country's most successful self-made entrepreneurs after founding the Boost Juice chain in 2000.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>It went on to become a global empire with more than 850 stores across the world.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Allis is the part-owner of Retail Zoo, which is the holding company for Boost Juice, Betty's Burgers and Salsas Fresh Mex.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><em><span>NEVER MISS A STORY:</span></em></strong><span> </span><strong><em><span>Get your breaking news and exclusive stories first by following us across all platforms.</span></em></strong></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><ul><li><strong><em><span>Download the 9NEWS App here via</span></em></strong><span> </span><a href="https://apps.apple.com/au/app/9news/id1010533727" target="_blank"><strong><em><span>Apple</span></em></strong></a><span> </span><strong><em><span>and</span></em></strong><span> </span><a href="https://play.google.com/store/apps/details?id=nineNewsAlerts.nine.com&amp;hl=en_AU&amp;pli=1" target="_blank"><strong><em><span>Google Play</span></em></strong></a></li><li><strong><em><span>Make 9News your preferred source on Google by</span></em></strong><span> </span><a href="https://9.nine.com.au/8x987w" target="_blank"><strong><em><span>ticking this box here</span></em></strong></a></li><li><strong><em><span>Sign up to</span></em></strong><span> </span><a href="https://login.nine.com.au/edm?client_id=nineatnine" target="_blank"><strong><em><span>our breaking newsletter here</span></em></strong></a></li></ul></div></div>