AGP Executive Report
Last update: 11 hours agoTelstra outage hits SMEs and emergency services: A nationwide Telstra mobile failure caused intermittent calls/data and disrupted payments and regional rail, with Telstra blaming a software defect in network time-keeping; PM Albanese called it “deeply concerning” and ACMA is investigating, while some triple-zero calls were affected and welfare checks followed. Insurance leadership shake-up: WTW-backed Zest Insurance appoints Natasha Golden to lead its SME cover platform, aiming for more tailored protection for trades, construction and allied health. Broker code fight: COSBOA-linked concerns resurface as NIBA changes tack on remuneration disclosure for small business customers, after an independent reviewer said the profession “walked back” earlier recommendations. Scam warning for founders: An Australian entrepreneur says a web developer vanished after she paid upfront for a Shopify build, a reminder to verify partners and payment terms before committing. Local business growth stories: Melbourne baby brand jeanie baby hits 10,000+ sales and expands to the UK after British Vogue recognition; News Xtend promotes Karen Gill to head sales and client success for SMB-focused performance marketing. Regional jobs at risk: SunRice plans major production cutbacks at Leeton and Deniliquin mills, citing dry conditions and water policy, with consultation underway. Retail pressure continues: More Australian brands are closing or rebranding as store closures and liquidations pile up. Property demand shifts: Regional satellite cities like Wollongong are seeing stronger demand for premium, mixed-use precinct living as commuting patterns change.
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.