AGP Executive Report
Last update: 7 hours agoTax shake-up for small business: Labor has rolled back parts of its CGT changes after backlash, lifting the small-business CGT exemption threshold to $10m turnover and extending key concessions, while also carving out “innovative business” treatment for startups and some trusts. Migration debate heats up: New ABS figures show net overseas migration at 301,000 in 2025—down from 2024 but still above pre-COVID levels—prompting fresh claims from Labor and One Nation ahead of the next political fight over housing and services. Data centre pressure: Australia’s AI and cloud data centre boom is colliding with scrutiny over power, water and planning, with governments tightening how projects are assessed and delivered. Competition watchdog clears deal: The ACCC has cleared Zurich’s $15.5bn takeover of Beazley, saying the firms aren’t close competitors in overlapping specialty insurance segments. Vodafone outage: A major nationwide Vodafone network outage hit customers across multiple cities, blamed on a power outage at a network hub. Flood risk maps: Melbourne Water has flagged nearly 20,000 homes in revised flood maps, urging residents to check whether they’re in newly affected areas. Crime and safety: Police are investigating the death of a woman found in waters off Tugun on the Gold Coast. Health and environment: Bird flu has killed more than 13,000 elephant seal pups on Australia’s Heard and McDonald Islands.
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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