Agribusiness Australia Newsletter

Welcome to this week’s edition of the Agribusiness Australia newsletter. 

We also have a number of events coming up over the next month, so be sure to secure your tickets early to avoid missing out.
We’re also excited to announce the date for our inaugural Annual Leaders Lunch event, more details to come soon.  

This week we also have a spotlight article from Bentleys. You’ll find the latest industry news, reports, and resources from our corporate members, MGR & Co, Bendigo Bank and Elders in our Keeping You Informed sections.

 

Member Spotlight - Bentleys

 

Australian Federal Budget 2026 – Insights from Bentleys

By Sandie Boswell, CEO, Bentleys Network

The 2026 Federal Budget: Resilience, Reform and What It Means for You

Last night, Treasurer Jim Chalmers handed down what he has called the Government’s most ambitious Budget yet, built around a central promise, resilience and reform to build an economy that works for all Australians.

This is at a moment of high economic tension not just within Australia but globally. The war in the Middle East has triggered a global energy crisis, inflation is rising, and the Reserve Bank warning of a slowdown in growth. The Treasurer acknowledged these pressures prior to Budget night, describing an economy “held hostage” by global conflict and a tax system that is not working for too many Australians.

Housing affordability sits at the heart of this Budget. From last night, the Government drew a line in the sand announcing that negative gearing on existing properties will be grandfathered only for pre-Budget night purchases, with the restriction taking full effect from 1 July 2027. New investment will be limited to newly built homes. From July 2027, the 50 per cent capital gains tax discount will be replaced with an inflation based indexation method, subject to a 30 per cent minimum tax rate. A new minimum tax on trust distributions has also been unveiled. This represents the most significant overhaul of property and investment tax settings in over two decades. Treasury expects these changes to shift 75,000 properties from investors to homeowners over the coming decade.

Cost of living relief is both targeted and layered, combining new permanent tax offsets, fuel relief at the bowser and further income tax cuts designed to put money back in the pockets of working Australians. Again the aim is to support working Australians facing an increasing costs crunch and dealing with rising property prices.

At Bentleys, we have analysed the Budget measures that matter most to you, your family and your business. Our detailed report below unpacks the implications so you may understand the ramifications of the announcements. Reach out if you would like further information about how the changes will impact you.

If you have any questions about how this budget impacts you and your business, please contact your local Bentleys advisor.

We are here to assist you in navigating through the information and to help you get where you want to be.

Click here to access the Federal Budget 2026 report.

In the news - from MGR & Co

Treasurer Jim Chalmers described the 2026-27 federal budget as "the most important and ambitious budget in decades," built around five priorities: navigating the global oil shock, easing cost of living pressures, improving productivity, reforming the tax system, and strengthening long-term sustainability. For agribusiness, the budget landed with a mix of welcome measures, open questions, and significant detail still to be worked through.

 

The trust and CGT changes have drawn the most attention, with media commentary pointing to complexity for farm businesses around diversified income, succession planning and the small business concession thresholds.

 

Responses were varied and, in some quarters, strident. The NFF welcomed key measures but raised concerns about regional infrastructure cuts. The Business Council acknowledged productivity measures but warned CGT and negative gearing changes would deter investment. Opposition Leader Angus Taylor pledged to repeal all of Labor's changes, describing them as an "assault on aspiration," launching his own income tax indexation policy.

 

What actually passes parliament remains the central question. With the Greens, One Nation and crossbenchers all having a say, the final legislation could look quite different. The tech sector is pushing for additional CGT carve-outs and broader small business groups want any relief applied across all sectors. We'll be watching closely and will provide updates as the legislation takes shape.

 

Meanwhile, European farmers have rallied about the European Commission Fertiliser Action Plan, arguing that the package failed to deliver immediate economic relief from soaring input costs. For Australian agribusiness, the most consequential decisions may not be made in Canberra, but centre around a 33-kilometre stretch of water in the Middle East.

  • What do we know about how changes to family trusts affect farmers, ABC Rural
  • What farmers need to know about the 2026-27 federal budget, The Weekly Times (paywalled)
  • Budget provides tax certainty for farmers despite tough cuts, NFF
  • Coalition to repeal Labor property tax changes and spend $22b on income tax cuts, ABC News
  • Budget includes welcome resilience measures while making tax settings less competitive, BCA
  • Small business owners reject tech start-up CGT special treatment, AFR (paywalled)
  • Labor open to additional trust tax exemption, ABC News
  • EU farmers warn of crisis as global fertiliser supply impacts food production, FarmOnline (paywalled)
 
 

Keeping you informed with member company highlights

Bendigo Bank:

 Bendigo Bank Insights’ latest WA Grain trade monitor discusses how the WASDE has handed WA growers their best wheat pricing window of the season, but the harder question is what comes next. Barley stocks are nearly exhausted, wheat is doing heavy lifting into a thinning back-end program, and GIWA projecting the lowest wheat plantings since 2010/11, meaning the 2026/27 supply story is already being written. The report includes the latest export insights and market intelligence specific to WA, to keep you ahead of the curve. To enquire about or purchase a subscription today, contact the team via [email protected].

 

Elders:

Click through the banner below to see the latest insights into key Australian commodity markets as seen through the eyes of Elders business intelligence analyst Richard Koch and guest contributors. 

 

Celebrating Excellence in Agriculture

Do you know someone making a profound impact on Australian agriculture? Submit a nomination today and help shine a light on the changemakers shaping the future of Australian Agriculture.

The Australian Agriculture Awards provide national recognition for farmers, agribusiness leaders and agri-professionals making a long-lasting and profound contribution to this vital sector. Agriculture is uniquely poised to surpass mining as the primary growth engine for the Australian economy and these awards seek to elevate and celebrate the leaders and ideas driving this shift.

Nominate yourself or someone you know who deserves national recognition, with awards spanning five categories.

Nominate a changemaker today