AGP Executive Report
Last update: 5 minutes agoTrading Costs: Sydney café owner Dave Martin says rising wages, energy, insurance and supplier bills add about $1,000 a week, while card-surcharge changes further squeeze margins. He’s reluctant to raise coffee prices as customers also cut back; cash use has hit a record as some customers switch from cards. Business Survival: Thurgoona Bakery has entered voluntary liquidation after 14 years. Its owner cited wage and super costs, staff shortages and rising business charges. Policy & Compliance: NSW scrapped mandatory reusable-cup rules after café backlash, while restaurateur Chris Lucas says red tape and energy costs are hurting businesses and suppliers. Finance: SME borrowing is rising amid uncertainty, and ATO super-debt notices dating back five years are adding pressure. Regional Support: WA’s RED Grants offer Goldfields-Esperance businesses funding to expand and build capability, with applications closing 14 January 2027.
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