AGP Executive Report
Last update: an hour agoSME Costs: Prospa research finds 84% of Australian SMEs have faced rising operating costs, while two in three would use rewards on supplier payments — but just 8% do. Trust Tax: Five business groups are urging senators to block proposed discretionary trust tax changes, warning they could hit around 350,000 small family businesses and housing supply. Digital Resilience: A global Microsoft outage disrupted Australian businesses, with experts warning downtime cost billions and workarounds such as personal email and USB drives may have exposed sensitive data. Tax Pressure: Unpaid tax debts have climbed to $62 billion as SMEs feel the squeeze. Bank Fees: The Federal Court case against CBA alleges it overcharged business customers $8.5 million; the claims are yet to be tested. Retail Suppliers: David Jones’ administration adds to concerns for small suppliers as retailers face weaker spending and rising costs.
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.
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