AGP Executive Report
Last update: an hour agoRate squeeze: The RBA’s fifth increase this year lifts the cash rate to 4.85%, putting small businesses under pressure from weaker customer spending, dearer loans and higher household costs. COSBOA says revenue growth for the typical Square seller barely kept pace with inflation. Gig-work tax: The High Court’s ruling that Uber owes NSW $81 million in payroll tax puts app-based businesses, including care providers, on notice to review their arrangements. Cyber protection: Small businesses are being urged to take up hands-on cyber coaching, as MPs hear that cyber cover is becoming cheaper and easier to buy.
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.