AGP Executive Report
Last update: 2 hours agoTrust & Tax Pressure: The Australian Industry Group warns almost half a million businesses could face a “tax shock” from discretionary trust changes, with potential state stamp duty bills of $550,000+ unless states waive transition costs. Insurance Costs: NSW business and community groups are calling on all parties to scrap the state’s insurance tax (Emergency Services Levy), arguing it adds ~18% to home and ~34% to business premiums. Cyber Readiness: A Parliamentary Select Committee has launched a short survey asking SMEs what cyber threats they face and what support they need, as scams, phishing and ransomware keep rising. Privacy & Smart Glasses: The Attorney-General has asked the privacy watchdog to prioritise a review of smart glasses after concerns about discreet recording and misuse. Energy & Jobs: Construction starts on WA’s 108MW Waddi Wind Farm, backed by the Capacity Investment Scheme, with local business opportunities and jobs expected. Regional Business Boost: Fresh & Save expands with a new Mackay store at Mackay Airport’s Milton Precinct, aiming to open mid-2027. Infrastructure Update: Fremantle’s new traffic bridge is set to reopen before year-end, ahead of schedule, with locals saying impacts were less than feared. Workforce Hiring Strategy: A guide highlights why many founders are choosing contractor vs employee arrangements when hiring across APAC to access talent and manage compliance. Retail Disruption: Proud Poppy Clothing has entered voluntary administration, with the founder telling customers it’s a restructure, not a shutdown.
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.