AGP Executive Report
Last update: 8 hours agoInstant Asset Write-Off: The Albanese government has made the $20,000 instant asset write-off permanent for small businesses under $10m turnover, letting eligible firms immediately deduct assets under $20,000—aimed at boosting investment in tools, tech and equipment. SME Growth vs Exit Rates: New ABS/ASIC data points to record small business additions, but broader pressure remains as business exits and liquidations stay high. AI Adoption Push: A new Parliamentary inquiry will examine barriers stopping small and family businesses from using AI, with lawmakers focused on whether smaller firms can actually capture productivity gains. Car Repair Competition: The ACCC has started Federal Court action against Subaru over alleged unequal access to service and repair information for independent repairers, raising competition stakes for local workshops. Marketing Spend Shift: Paid digital advertising and PPC are getting more scrutiny as SMEs chase measurable returns and clearer accountability. Travel Agents Backed: ATIA’s new independent agents committee is ramping up member-led support, including feedback on surcharging changes and tourism tax issues. Regional Business Boost: Tamworth has launched Special Entertainment Precinct trials with tailored trading hours and sound rules to help hospitality and live music operators thrive. Film Jobs for Local Suppliers: Victoria-backed production of Brie Larson thriller “Skeletons” has generated hundreds of jobs and millions in spend, including work for local accommodation, catering and transport businesses. Property vs Business Ownership: New CEDA data suggests wealth is shifting toward property as fewer people run businesses that employ others.
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.