Northern Business Consultants

The latest Federal Budget has introduced important updates to Capital Gains Tax (CGT) that could impact investors, property owners, and businesses.

Understanding these changes is key to making informed decisions and protecting your financial position.
💡 In our latest update, we break down:
✔️ What’s changed
✔️ Who is affected
✔️ What it means for your strategy
👉 Stay ahead and plan with confidence.

https://www.nbc.com.au/capital-gains-tax-federal-budget-changes

📢 Proposed Trust Tax Changes – 2026 Federal Budget Update

Big changes could be coming for discretionary (family) trusts in Australia. The 2026–27 Federal Budget has proposed a 30% minimum tax on trust income from 1 July 2028 — a move that could significantly reshape tax planning strategies.

💡 What could this mean?
✔️ Reduced benefits from income splitting
✔️ Less effectiveness of “bucket companies”
✔️ Potential cash flow impacts for trusts
✔️ Need to reconsider your current structure

⚠️ Important: These changes are not law yet and may still change.

Now is the time to stay informed and review how your trust is structured.

👉 Read the full breakdown here:
https://www.nbc.com.au/proposed-trust-tax-changes-in-the-2026-federal-budget-what-you-need-to-know

If you want to understand how these proposed changes could impact you, reach out to our team for tailored advice.

This week we're spotlighting the volunteers behind the BNCC, and today it's all about Joe. 💙

Joe Kong is our Treasurer and Secretary, and his passion for small business is deeply personal. Growing up in a family business sparked a lifelong commitment to supporting business owners, and that commitment now drives his work at Northern Business Consultants, where he has spent decades as a trusted adviser, sounding board and connector for the people who need it most.

His guiding principle is simple. Treat others as you would want to be treated. Every piece of advice is measured against what he would tell his own family, and that integrity has made him a valued part of our Chamber community for years.

Thank you, Joe. 🙏

Discover more about Joe and his contribution to our community at our website. Link below. 👇

https://www.bncc.com.au/about-us/robin-joe-kong/

From 1 July 2026, Payday Super will mean saying goodbye to quarterly super payments 👋

Instead, you'll need to pay your employees' super every time you run payroll. - whether that's weekly, fortnightly or monthly.

💡This could impact:
✔️ Your payroll processes
✔️ Your cashflow
✔️ Your compliance requirements

The good news? You've got time to get organised 👍

We've broken it all down in our latest blog, including why it's changing, what to watch for, and how to get ready.

https://www.nbc.com.au/payday-super-2026/

With fuel prices continuing to rise, many businesses are experiencing tighter margins and reduced cash flow flexibility.

The good news is that support pathways are often available—but acting early is key.

The Australian Taxation Office has acknowledged the impact on taxpayers' cash flow and has introduced measures to support individuals and businesses experiencing difficulty meeting their tax payment obligations.

https://www.nbc.com.au/ato-fuel-response/

If only sorting your finances was as easy as hitting accept.

Good news - with us, it can be.

Our Business Financial Health Check shows you where you stand, what needs fixing, and how to move forward with confidence.

👉 Ready to accept? Book your check-in today.

Business comes with risk, but the biggest one is standing still.

The right decisions, backed by the right numbers, can turn risks into opportunities.

We’ll help you see the bigger picture, plan with confidence, and take the steps that move your business forward.

👌 Brisbane-based, supporting local businesses to grow stronger.

Staying on top of your numbers doesn’t have to be complicated.

A few simple habits make all the difference…
👉 Put 10% aside for GST
👉 Check in on your goals
👉 Review your forecasts
👉 And of course, catch up with the team at NBC regularly

That’s financial mindfulness in action 🙌

The biggest compliment you can give us is a referral.

If you know a Brisbane business that could use some extra support with their numbers, we’d love an introduction.

💙 Thanks for trusting us to support the local business community.

When your books are in order, business gets a whole lot easier.
We’ll take care of the numbers so you can focus on growth, clients, and the work you love.

From BAS to payroll, and everything in between, NBC has your back.

📍 Brisbane-based, proudly helping local businesses thrive.