AGP Executive Report
Last update: 10 hours agoMarkets & macro: Wall Street opened higher after Donald Trump’s election, with the Dow up early as investors took comfort from a “presidential” tone; Germany’s DAX and the UK’s FTSE also eased lower, while business leaders urged Trump to avoid isolating the US. Tax & small business: The ATO faces a growing $50b tax shortfall as small business debts rise, with an audit warning recovery may be limited. Energy & grid: The ACCC says home battery “virtual power plants” aren’t scaling fast enough, warning grid benefits are “incidental” and could drive higher costs in Australia’s shift away from coal. Housing & affordability: Modelling suggests hitting the National Housing Accord target could cut house prices by about $270,000, but new builds are falling short. WA economy & jobs: WA’s Premier Roger Cook takes on tourism and defence industries in a cabinet reshuffle aimed at boosting jobs and positioning the state for naval maintenance and shipbuilding. Australia–India trade & uranium: Australia-India cooperation deepened after Modi’s visit, with uranium export arrangements and broader defence/tech ties in focus. Regional business: Fiji–Australia councils’ forum flags agriculture as a key growth opportunity for trade and investment. Corporate moves: Medtech Global appoints Dr Will Reedy as CEO to accelerate AI and connected care growth across Australia and New Zealand.
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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