AGP Executive Report
Last update: 7 hours agoGas Supply Warning: East coast LNG producers are warning Labor’s proposed Domestic Gas Reservation Mechanism could chill future investment and risk longer-term shortages, even as the plan aims to redirect 20% of exports to the domestic market from 1 July 2027. CGT Backlash: Treasurer Jim Chalmers says “misinformation” is driving anger over Budget capital gains tax changes, but Cosboa and young founders argue the shift from the 50% CGT discount to cost-base indexation plus a 30% minimum rate adds complexity and hits retirement and succession plans. Trust Tax Tension: Labor’s defence of discretionary trust changes leans on scenarios critics say are already targeted by the ATO, keeping pressure on the government’s credibility. Cybersecurity Shift: WatchGuard reports 91% of firms fear AI-driven attacks, pushing more businesses toward MSP-led, always-on security. Local Cost-of-Living Pressure: Grattan Institute says Brisbane’s kerbside parking rules and permit costs add big build costs, while Tasmania doubles down on intervening in insurance via TasInsure. Business Tech Moves: CBA is opening a second US AI “learning outpost” in San Francisco to bring frontier know-how back to Australia.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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