AGP Executive Report
Last update: 3 hours agoTelstra outage fallout for SMEs: A Senate inquiry in Canberra heard Telstra repeatedly ignored warnings about an ageing $30,000 server and a missing software update, with a GPS card and undocumented design change blamed for the nationwide outage that hit triple-0 calls, trains, and eftpos. Telstra says it’s “deeply sorry” and is accepting compensation claims, while COSBOA is pushing for a simple, proportionate SME compensation scheme. Cyber hygiene and “shadow AI”: WatchGuard research says 64% of SME employees admit using unauthorised AI tools at work, alongside risky habits like password reuse and public Wi-Fi, highlighting a growing compliance and security gap for small firms. Cash flow pressure point: A new piece zeroes in on why profitable businesses still fail when revenue timing doesn’t match cash collection, and argues for earlier planning and faster working-capital access. Digital competition policy watch: A brief on digital antitrust laws notes Australia is among countries considering new rules aimed at big-platform bundling harms—relevant for local SMEs competing online. Business growth and funding: Emergent’s $130m Series C values it at $1.5b, while BitMart’s H1 report frames resilience through market volatility.
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