AGP Executive Report
Last update: 29 minutes agoInsurance & SME costs: NSW’s emergency services levy is under renewed fire as home insurance premiums climb, with pensioners in cyclone-hit regions saying the levy (and other insurance-linked taxes) is driving bills higher. Tax pressure on small business: CPA Australia and COSBOA both push back on federal tax changes—CPA warns a “minimum tax” on discretionary trusts could hit small and family businesses unfairly, while COSBOA argues loss carry-back reforms should extend to trusts, partnerships and sole traders. Work-from-home rules: Victoria’s new WFH legislation may get targeted carve-outs for small businesses as employer groups seek changes. General insurance code: The proposed redraft of the general insurance code could be rejected by ASIC unless priority protections for consumers and small businesses are strengthened. Digital support for SMEs: The Albanese government’s Digital Solutions program shows strong early uptake, with free coaching and workshops for thousands of small businesses. Payments & compliance: ANZ completes its acquisition of Worldline’s 51% stake in ANZ Worldline, while EnergyAustralia admits breaching the Solar Sharer Offer deadline. Retail expansion with scrutiny: Discount retailer Panda Mart opens in Brisbane despite ongoing product safety concerns raised by Victoria’s regulator. Business resilience stories: An unprecedented land swap is helping Murwillumbah businesses relocate after repeated floods, aiming for a safer future.
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.