AGP Executive Report
Last update: 8 hours agoTax Backflip: Labor has expanded CGT carve-outs for small businesses, lifting the exemption threshold to $10m turnover and adding new “innovative business” support for startups and some trusts after backlash. Migration Numbers: ABS data shows net overseas migration of 301,000 in 2025, down slightly but still above the budget forecast, as Albanese points to moderation while critics say it’s still too high. Vodafone Outage: A power issue at a network hub triggered a major nationwide Vodafone failure, with services only progressively restored after hours. NT Smart Meter Mess: Jacana Energy says billing delays affected about 5,000 customers and power was switched off to nearly 2,000 customers, with more than $33m owed. Data Centres Under Pressure: Australia’s AI-driven data centre boom is colliding with scrutiny over power, water and planning. Wildlife Disaster: Bird flu has killed more than 13,000 seal pups on Australia’s Heard and McDonald Islands. Politics & Culture: Pauline Hanson again pushes “monocultural” Australia, drawing fresh criticism amid a wider fight over identity and migration.
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