AGP Executive Report
Last update: 15 minutes agoCGT U-turn for small business: The Albanese government has backpedalled on May’s capital gains tax changes, expanding CGT relief so more businesses (including those up to $10m turnover) qualify for the 50% discount and a 15-year exemption, after backlash from business groups and startups. Work-from-home fight: Bunnings boss Michael Schneider says Victoria’s new right-to-work-from-home laws could create “structural inequity” by legally covering some roles while store and frontline teams must be on site. Regional cost squeeze: A fresh push highlights how Queensland regional employers face a heavy mix of taxes, red tape and rules, arguing governments don’t understand the risk burden on local businesses. Office furniture demand: A new industry update points to steady growth in Australia’s office furniture market, with ergonomic seating driving upgrades across sectors including healthcare, education and hospitality. Biosecurity pressure in WA: Esperance businesses are on high alert after Australia’s first deadly H5 bird flu case was detected in WA, with local operators tightening quarantine and surveillance. Cyber/consumer compliance (UK): The UK’s new data complaints rules now require formal complaint handling for data controllers, with penalties up to 4% of global turnover—no grace period, including for smaller organisations. Scam safety for SMEs: EOFY guidance warns SMEs to tighten password and account security to reduce scam risk.
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.