AGP Executive Report
Last update: 10 hours agoBusiness Stress: One in 10 Australian business invoices was more than 60 days overdue in September, with construction, transport and hospitality among the hardest hit. Tax-debt defaults rose 20.7% year on year. AI Spending: Australian founders are using AI to cut costs and automate repetitive work; one business says a custom tool saves about 100 staff hours a week. But UK firms report rising AI bills and weak oversight, with only 12% of small and midsize businesses setting dedicated AI budgets. Markets: Cinema chain Everyman plans to leave AIM for the PISCES private-trading platform, becoming the first company to make the switch. Shareholders will vote on the move on October 30. Trade: China’s September exports rose 36.3% year on year to $447.18 billion, while chip export value jumped 136% to $45 billion as AI demand lifted prices. Energy: The IEA expects diesel markets to remain tight into 2027 as Gulf supply disruptions deplete stocks, raising the risk of further demand cuts and economic strain.
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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