AGP Executive Report
Last update: 2 hours agoRetail Fallout: David Jones plans to close 19 of its 38 stores by year-end, raising the risk of unpaid invoices and disrupted orders for smaller suppliers. Advisers urge SMEs to check their exposure and protect cash flow. Cash Flow Pressures: Tax and compliance costs are now the leading cash-flow concern for Australian SMEs, cited by 20% in ScotPac’s survey, ahead of supply costs (19%) and wages (17%). AI and Growth: AI could help time-poor small businesses take on routine work and grow without immediately hiring, though tools may need more than a plug-and-play approach. Disaster Support: Eligible businesses in Alice Springs, MacDonnell Ranges and Central Desert can apply for recovery grants of up to $10,000 after severe weather. Regional Tourism: Mary Valley businesses, producers and community groups can submit ideas for the May 2027 GourMay food festival by December 17.
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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