AGP Executive Report
Last update: 5 hours agoBusiness Confidence: South Australian business confidence fell for a sixth straight month to its lowest level since 2017, while Victorian conditions hit the weakest reading of any state. Higher interest rates and cost pressures are weighing on operators, with Victoria’s election adding uncertainty. Trust Tax: Treasury told a Senate inquiry that about 40% of revenue from the proposed 30% minimum tax on discretionary trusts would come from business trusts; some affected businesses earn under $1 million a year. Construction Support: WA is putting up to $12.8 million towards boosting brick supply, including a freight subsidy, with measures expected to deliver 20 million bricks for builders over six months. Digital Risk: Melbourne cosmetics business Adorn is facing collapse after its founder says a website upgrade led to a sharp sales drop and mounting debt.
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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