AGP Executive Report
Last update: 2 hours agoBanking Competition: The Australian Banking Association says banks are competing hard for small business customers, driving more competitive pricing and record $750b in credit supporting working capital, equipment and growth. Solar & Batteries Boost: Federal and NSW policy changes are set to cut costs for commercial solar and batteries, including a jump in STC eligibility (to 1MW) and NSW Peak Demand Reduction Scheme discounts for batteries up to 30MWh. NSW Energy Incentives: NSW also expanded its VPP and grid-connection payments, with the state pointing to rapid uptake under the federal Cheaper Home Batteries Program. SME Travel Demand: Corporate Traveller reports 9% growth in Australia–US business travel for SMEs in the first half of 2026, despite tariffs and geopolitical disruption. Marketing Lock-in Warning: A Mumbrella analysis finds some agencies’ terms can leave clients “renting” key digital assets and data, with limited access after they leave. Adstock for Startups: Experience Advocacy Taskforce and Unjumble link experienced Australian ad and marketing talent with SMEs, after research flags $183m/year in offshore freelance spend. Retail Signal: JB Hi-Fi shares fell after a trading update pointed to softer discretionary spending and an AI-driven tech bottleneck. Business Failure Watch: Sunglasses brand Valley Eyewear has entered liquidation, with liquidators seeking an urgent sale of the business and stock. Local Culture & Tourism: Powerhouse Parramatta has an official opening date set for 7 November, aiming to draw millions of visitors in its first year.
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.