AGP Executive Report
Last update: an hour agoGambling Reform for WA SMEs: WA’s Lotterywest-linked sellers get a boost as amendments to the Interactive Gambling Act pass, banning “pocket pokies” and foreign-matched lotteries from 1 Jan 2027, protecting consumers and the 480 small businesses that sell Lotterywest products. Business Survival Pressure: New analysis of ABS data shows nearly 1m Australian businesses stopped trading in four years, with the survival rate sliding to 61.9% for the 2022 cohort—pain hitting hardest as inflation and price pressure bite. WA Battery Price Spike: A midnight power-price surge in WA—driven by batteries—has renewed questions about how battery dispatch is managed and what it means for prices during the energy transition. Instant Asset Write-off: The $20,000 instant asset write-off is now set to be permanent, a direct cashflow win for small businesses planning equipment purchases. Regional Tourism Boosts: Killarney lands a major win as Phorest’s salon-spa summit relocates there in Jan 2027, with local venues and suppliers set to benefit. Local Food Expansion: Canberra’s Caffè al Lago is opening a second site at Kingston Foreshore, bringing its in-house baked sandwiches to a new customer base. SME Access to AI: A new parliamentary inquiry will look at barriers between SMEs and AI adoption. Consumer & Business Tech: NSW is fast-tracking data centres as the AI boom ramps up demand, raising both opportunity and pressure for local infrastructure.
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.