AGP Executive Report
Last update: 3 minutes agoTrading Conditions: Australian small-business sales grew 5.2% year-on-year in the September quarter, below the 7.8% long-term average. Retail and hospitality were especially weak as high rates, rising costs and cautious spending weighed on trade. Tax & Cash Flow: The ATO commissioner admitted the agency “jumped to conclusions” over its planned credit-card payment ban, acknowledging many small firms use cards to manage cash flow. The change was delayed after business backlash. Workplace Compliance: Fair Work received a record 31,596 anonymous tip-offs in 2025–26 and recovered $453 million in unpaid wages and entitlements, sharpening the focus on employer compliance. Growth & Staffing: Queensland manufacturer MooGoo received a $1.3 million grant to expand Gold Coast production, with 25 jobs expected. Tourism operators, meanwhile, warn uncertainty over working-holiday visas could leave businesses short-staffed this summer. Local Support: WA Small Business Day on 31 October urges shoppers to buy locally ahead of Christmas.
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