Insurance Market Watch: APRA’s updated National Claims and Policies Database (to Dec 2024) suggests an “uneven” liability insurance market, with Lloyd’s share steady but rate pressure continuing—PI premiums down to $3.19b in 2024 and falling further into 2025–26. Defence & Local Jobs: Lockheed Martin is building an Air Power Precinct for Australia’s F-35 and IAMD ecosystem, with Built to start construction now and operations due by 2028—aimed at boosting regional supply chains and SME innovation. Workplace Rules (WFH): Victoria’s new WFH law is set to let large firms refuse only on “reasonable business grounds,” and could spread nationally—Fair Work has also backed an employer’s refusal where complex payroll work needed in-office focus. AI at Work: Experts warn of “AI brain fry” as intensive AI use links to mental fatigue, more major workplace errors, and higher staff quit intentions. Small Business Support (NSW): Mark Bouris says NSW’s Business Connect replacement should be digital and AI-powered, after the $37m advisory program was announced to succeed the ended service. Tourism Boost (NT): The Red Centre gets a marketing push and grants for 17 tourism businesses, including free-flight offers tied to bookings. Regional Pressure Points: Stories from Urana and Broken Hill show how supermarket closures and rising costs (including minimum wage and super timing) can quickly squeeze local corner stores. SME Tech & Payments: Gold Exchange Universe launches a new Sydney portal advertising published rates near spot—positioning verified buyers as a safer option for scrap and bullion sellers.