AGP Executive Report
Last update: 23 minutes agoPayday Super + July 1 payroll shake-up: The Small Business Superannuation Clearing House shuts on 1 July, and “payday super” moves SG payments to each pay run, with penalties up to 200% if you miss deadlines—so HR data hygiene (contracts, classifications, leave, timesheets) matters more than ever as the Fair Work minimum wage lifts from 1 July. SME funding shift: New ScotPac research says 49% of Australian SMEs have used asset-based lending in the past two years, with 65% leaning on brokers—cash-flow flexibility is beating cautious bank lending. ASBFEO leadership: Lynda McAlary‑Smith starts as the new Australian Small Business and Family Enterprise Ombudsman, aiming to keep support steady through turbulent conditions. Western Australia recycling boost: Containers for Change expands from 1 July to wine and spirits bottles, adding an estimated 200 million containers a year and supporting jobs. Local business watch: Canberra’s Fricken opens a flagship at Canberra Centre in early July, and NSW’s Great Western Highway (Convict Bridge) closure is set to last another year. Payments speed signal: PayID keeps growing, with more registered identifiers and faster, name-checked transfers—useful for small traders and local clubs.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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