Episode Details

What's coming for hospo in June: the 4.75% award wage hike confirmed, payday super landing on 1 July, and the looming trust tax changes that could double-tax small business owners. If you're a restaurant owner, café owner or bar owner in Australia, here's exactly what's coming and what to do about it.

Three things landed on hospitality this month, and all three need action.

In this month's industry update, Tim sits down with Wes Lambert — CEO of ARCA and the man in Parliament advocating for every café and restaurant in Australia — to break down the confirmed 4.75% award wage rise (third-largest since the GFC), the payday super deadline on 1 July, and the trust tax changes that could quietly cost small business owners a fortune in fiscal 27.

Plus the small business CGT carve-out (good news, for once), where the surcharge ban stands as it approaches end of year, and what's happening with the phase-out of junior rates.

If you haven't lifted your prices yet this year, this is your last warning.

You'll hear:

00:00 – The 4.75% award wage hike: confirmed, predicted months ago
 03:00 – What this means for your roster, your rates, and your menu prices
 05:00 – Payday super lands 1 July: what changes and how to prepare
 08:00 – Trust tax changes: the looming threat most owners don't know about
 12:00 – The small business CGT carve-out — and why it might actually be good news
 14:00 – Where the surcharge ban stands as we head into October
 16:00 – End of junior rates: timeline update
 18:00 – EOFY compliance: single-use plastics, seafood labelling, payday super
 20:00 – What every operator needs to do this month

Key takeaways:

• Award wages confirmed up 4.75% from 1 July. If you haven't raised your menu prices by at least that much, you're absorbing the hit yourself.
• Payday super starts 1 July — every pay run now triggers a super payment. Cash flow planning starts now.
• Trust tax changes proposed for fiscal 27 could result in double taxation for small business owners running through trust structures. Talk to your accountant now.
• Not acting is a decision — and right now it's the most expensive one you can make.
• ARCA is your voice in Parliament. The more members they have, the louder it gets.

Checkout the Payday Super Webinar Replay: https://learn.foodiecoaches.com.au/payday-super-replay

Join our Foundation Programs: https://foundations.foodiecoaches.com.au/programs

If you're not on top of your pricing, your labour costs and your margins right now, book a free Profit Finding Session with the Foodie Coaches team at https://discover.foodiecoaches.com/bac

Join ARCA at arca.org.au 

The people advocating for your industry need your support.

Follow along:
 @foodie_coaches
 @tim.kummerfeld

New updates every month