AGP Executive Report
Last update: 15 minutes agoSmall Business Insurance Pressure: A federal inquiry heard that mitigation steps aren’t being “rewarded” by insurers, leaving many small firms unable to get cover or facing unaffordable terms. Industry Code Update: The National Insurance Brokers Association defended its draft code after calls to expand remuneration disclosure beyond strata clients to all small businesses. Rising Small Business Costs: AMP Bank’s Business Cost Pressure Index says operating costs are up about 24.6% since COVID, with insurance (+52%), fuel (+38%), interest (+36%) and electricity (+26%) leading the squeeze. Tax Relief Debate: COSBOA and MPs pushed back on Labor’s CGT changes, arguing the new approach won’t suit fast-growing businesses and start-ups while ATO work on valuation details continues. Energy Discounts for SMEs: Energy Minister Chris Bowen highlighted take-up of home battery and EV discount schemes, with more renewable schemes being discussed for cost relief. Standards Access Reform: A push to make mandatory Australian Standards freely accessible is framed as a practical win for tradies and compliance. Community Fundraising: Mount Gambier’s Christmas in July appeal raised $2,235 for local families via the Christmas Cheer Program. Local Safety: Police increased patrols in Melbourne’s west after an alleged assault on a grocery owner, with traders calling for longer hours and more frontline presence.
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.
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