AGP Executive Report
Last update: 12 hours agoCard Surcharge Overhaul: From Oct 1, card surcharges are banned on eftpos, Mastercard and Visa networks and interchange caps are cut—good news for shoppers, but retailers warn of new costs and pricing pressure. ATO Payment Shock: The ATO will stop accepting credit card tax payments from Nov 30, sparking backlash from small businesses and One Nation/Spender over cash-flow impacts and “double standards.” New Fees, Same Pain: Some diners are reporting “platform fees” after surcharge bans, with QR ordering platforms adding 20–60c charges that look like a workaround. Regional Tourism Boost: WA’s Cook Labor Government is funding upgrades at Kalgoorlie-Boulder Racing Club via the Regional Racing Infrastructure Fund, aiming to lift visitor spend ahead of the Golden Saddle. Fraud Case for SMEs: A Queensland bookkeeper has admitted defrauding a farming family of about $2.8m over six years, highlighting the risks of trusted in-house finance roles. Business Growth & Skills: VIC’s Skills Solutions Partnerships grants are open for up to $500k to co-design training with industry/TAFE/universities, including applied AI and data skills for small businesses. Cybersecurity Alert: Law enforcement has dismantled ransomware group KillSec in Operation KillSwitch, which targeted many small-to-mid organisations.
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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