Eagle Waves Radio
Bulletins — 2026-08-20
News
This is Eagle Waves Radio with your small business news brief.
In breaking news, oil prices are spiking after three ships were struck in the contested Strait of Hormuz, with casualties reported, raising concerns in global markets. Meanwhile, the Western Australia Planning Commission has rejected a multimillion-dollar proposal for a new Bunnings store in Bunbury, stirring controversy among local stakeholders.
In Tasmania, potato growers are expressing frustration over a contract dispute with US French fry giant Simplot. On the political front, the Victorian Coalition has pledged to scrap the contentious VNI West transmission project if they win the upcoming state election.
Additionally, home loan fraud has been uncovered at ten major banks, involving hundreds of millions in property purchases based on fake income statements. On the tech side, Google Drive is experiencing outages disrupting workplaces, while Quest Apartment Hotels is investigating a serious data breach affecting customer information.
Finally, the instant asset write-off scheme has been made permanent, allowing eligible small businesses to instantly deduct up to twenty thousand dollars for capital upgrades.
That's your quick business update from Eagle Waves Radio!