AGP Executive Report
Last update: 4 minutes agoRates and Economy: Treasurer Jim Chalmers is being urged to rely less on the RBA as inflation pressures worsen. Deputy governor Andrew Hauser has hinted at a possible November 3 rate rise, while food prices remain a concern. Jobs and Business: NAB plans to cut up to 2,500 roles in an operating overhaul. Construction insolvencies have jumped 59 per cent following successive rate rises, adding to pressure on businesses. Investment and Trade: Australian fund manager IFM has agreed to take a 68 per cent stake in UK ports giant Associated British Ports, in a major overseas investment. TradeWindow has also signed a 12-month export software deal with Lactalis, as Australia remains its fastest-growing market. Transport: Qatar Airways will begin direct Doha flights to Western Sydney Airport in December 2027, with plans to expand to daily service—boosting the new airport’s trade and tourism links.
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