AGP Executive Report
Last update: 9 hours agoNDIS Overhaul: Australia’s disability scheme reforms look set to pass after a Labor-led Senate inquiry backed changes despite claims they go “too far, too fast”, with the plan to cut $37.8bn over four years and remove 160,000 participants by tightening eligibility. GST Fight: WA Premier Roger Cook hit back at a Productivity Commission report calling the Morrison-era GST deal a “mistake”, warning any changes could rip up to $6bn from WA’s economy and funding for services. Housing & Lending: New ABS data shows home lending cooled sharply in the June quarter, with new loans down 5.4% and a $5.4bn drop in mortgage value, driven by a steep fall in investor borrowing. Gig Economy Rules: Australia is moving to “world-leading” minimum pay and insurance protections for gig delivery workers, a shift that will reshape costs and operations for platforms and contractors. Social Media Crackdown: Meta says it removed 756,000 Australian teen accounts under the under-16 ban, as regulators consider tougher enforcement. Energy & Transport: The Productivity Commission says expanding heavy-duty electric trucks could add $2.7bn a year, while Relectrify’s inverterless BESS installation in South Australia signals momentum in grid-scale storage. Markets & Corporate: ASX sentiment stays cautious as earnings roll on, with QBE and Baby Bunting reporting, and investors weighing RBA rate risk.
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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