AGP Executive Report
Last update: an hour agoTech Resilience: Microsoft restored services after a global outage that disrupted Australian businesses’ email and operations for about a day. Experts warn firms need backup systems and safer ways to keep working when key platforms fail. Banking Fees: ASIC is suing Commonwealth Bank, alleging it overcharged business customers about $8.5 million in fees over several years. Cost Pressures: Small firms face rising costs, with some retailers considering price rises after a ban on card surcharges; unpaid tax debts have also climbed to $62 billion as SMEs feel the squeeze. Retail Strain: David Jones’ collapse into administration leaves small-business suppliers facing uncertainty, amid wider signs of pressure on Australian retailers. Small-Business Ideas: Two Melbourne founders say a $10,000 launch helped take their unconventional pasta sauce brand into more than 100 shops.
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.