AGP Executive Report
Last update: 9 hours agoCash-Flow Pressure: More than 37,000 Australian businesses are behind on tax, up 21%, as inflation and high interest rates squeeze cash flow while the ATO pursues a record $54 billion in overdue debt. Reform Consultation: COSBOA and business groups want longer, more consistent consultation on complex rules, warning that recent proposals allowed as little as 11–12 business days for feedback. Disaster Recovery: New research finds disaster-hit communities had almost 10% fewer small businesses than expected two years later, with about $43 million in annual activity lost. Subcontractor Payments: Western Australia has passed laws to protect subcontractors from late or unpaid work, a change aimed at improving payment security across the building industry.
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