AGP Executive Report
Last update: 3 hours agoEOFY Tech Push for Wholesalers: EasyVend is offering a limited-time EOFY website package worth up to $2,500 for new clients, aimed at helping Australian suppliers and distributors streamline ordering, invoicing and inventory. CGT Relief for Small Business: Indi MP Helen Haines backed expanded CGT concessions, including lifting the small business active asset reduction turnover threshold from $2m to $10m, extending access to about 98% of businesses. SME Credit Stress Signals: Equifax’s May Business Market Pulse flags rising SME insolvencies and delinquencies, with ATO defaults also surging—while some larger businesses look more resilient. Queensland Budget Cost-of-Living Moves: QLD delivered a no-frills budget with a large cost-of-living relief package (including higher back-to-school payments, bigger electricity rebates and frozen bulk water prices), but debt climbs with Olympic spending. Workplace Pay Politics: Pauline Hanson again argued paid parental leave costs would force small businesses to “fold,” despite no legal requirement for employers to pay it. Cyber Risk Warning: Five Eyes warned AI-driven cyberattacks could be months away, urging governments and businesses to act now. Regional Migration Pressure: New data shows more Australians are leaving capital cities for regional areas, with Melbourne a major source—relevant for local demand planning. Local Crime Hit to Builders: Victoria reports copper theft targeting construction sites, driving repair costs and delays for residential projects.
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.