10 Things to Know from QFF

1. Included in a line up of budget backflips, the Federal Government has announced the turnover threshold for the small business 50% active asset CGT concession will increase from $2M to $10M, bringing the measure within reach of 99% of farm businesses. Read more here.
   
2. Testing at CSIRO’s Australian Centre for Disease Preparedness (ACDP) has confirmed H5 high pathogenicity avian influenza (bird flu) in a wild seabird in Western Australia. Farmers should take the opportunity to review their on-farm biosecurity plans and ensure all staff and visitors are made aware of their biosecurity obligations. Read more here.
   
3. The Bureau of Meteorology (BOM) has declared El Niño active. Read more here. For the most reliable outlook for the coming months, the BOM encourages users to follow their long-range forecasts.
   
4. Goondiwindi Cotton has launched a community campaign to see rural Queensland woven into the fabric of the 2032 Games following its official Expression of Interest submitted to supply clothing and uniforms to volunteers and officials for the 2032 Brisbane Games. Sign the Petition of Support here.
   
5. Bowen based Marto’s Mangoes has received national recognition at the 2026 Hort Awards, having been awarded Family Business of the Year. Read more here.
   
6. At the National AgTech Awards it was announced that Australia’s peak national body for agritech, AusAgritech is relocating its virtual head office to Queensland, making its home with QFF Corporate Partner Toowoomba and Surat Basin Enterprise (TSBE). Read more here.
   
7. QFF Corporate Partner Mitsubishi Motors Australia is offering a special EOFY $2000 bonus offer on 25MY Triton Models, alongside national fleet pricing and Mitsubishi Diamond Advantage, until June 30, 2026, while stocks last. Terms and conditions apply. Read more here.
   
8. Tax policy hasn’t kept pace with modern agricultural operations and business diversification. This is articulated by new research by AgriFutures Australia, which found more than half of farm income now runs through companies and trusts that miss out on old primary producer concessions. Research findings here.
   
9. Horticulture producers are being urged to plan now for future pollination contingencies following an ABC Landline segment on the devastating impacts of varroa mite. Join the NFF Horticulture Council and the Australian Honeybee Industry Council (AHBIC) for a free, practical webinar for growers on planning pollination post-varroa on Wednesday, 5 August. Register here.
   
10. The Federal Government has released its final Export Cost Recovery Implementation Statements which confirm substantial fee increases on agricultural exporters. Full cost recovery will be deferred to 1 July 2027. Read more here.