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Industry Update - Issue 149 - Jun/Jul 2026

Page 1

AUSTRALIA'S LARGEST CIRCULATING MANUFACTURING MAGAZINE

Issue 149 Jun/Jul 2026 $12.00 inc. GST

AUSTRALIAN MANUFACTURING AWARDS

2026

Big changes, bigger questions: What does this Budget mean for your manufacturing business?

T

reasurer Jim Chalmers has used his fifth budget to redraw the tax map. The centrepiece is the most far-reaching set of changes to Australia’s tax system in more than a quarter of a century, with the Government taking aim at discretionary trusts, the Capital Gains Tax (CGT) discount and negative gearing. A minimum tax on discretionary trusts, the replacement of the CGT discount with cost base indexation, a minimum tax rate on realised gains and the restriction of negative gearing represent a generational shift

Nominations Now Open See Centre Pages

AUSTRALIA’S LEADING AUTOMATION & SUPPLY CHAIN EVENT

WE WANT YOUR VIEWS! Treasurer Jim Chalmers has laid down his Budget for 2026

in how wealth, property and investments are proposed to be taxed.

Continues page 20

Focus on five decades of keeping Australian industry running

8

25,000+ CABLES, GLANDS & CONNECTORS AVAILABLE TO ORDER ONLINE

CONTACT US WITH YOUR OPINION ON THE BUDGET editor@industryupdate.com.au

Managing risk in manufacturing

22

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Industry Update - Issue 149 - Jun/Jul 2026 by Industry Update - Issuu