AGP Executive Report
Last update: 26 minutes agoMarkets: Australian shares are set for a 0.4% rise at the open after Wall Street rallied, with investors watching oil amid Middle East tensions and uncertainty over Russian diesel supplies. Interest Rates: A global bond selloff is lifting borrowing costs and leading traders to scale back expected rate hikes, as tighter financial conditions do some of central banks’ work. Small Business: After a backlash, the government delayed the ATO’s credit-card payment ban until June 2027, preserving a cash-flow option for businesses. Property: Investor loans fell 9% in the June quarter as rate rises and proposed tax changes cooled demand; ex-rentals now make up 40% of Melbourne listings. Technology Investment: Nvidia-backed data-centre company Firmus scrapped its planned $5 billion ASX float after weak investor demand, opting to seek private funding. Energy: NSW approved an extension of Hunter Valley Operations to 2045, supporting regional jobs and royalties while intensifying debate over coal’s climate impact.
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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