AGP Executive Report
Last update: an hour agoASX & Markets: Australian shares look set to edge up as Wall Street steadies and oil rises, with investors watching a busy earnings run and US payrolls. Credit & Budget: S&P Global reaffirmed Australia’s AAA rating, pointing to tax settings and bracket creep supporting the federal budget despite a widening deficit. Cost of Living Pressure: New data shows shrinkflation is leaving many Australians feeling “ripped off” at the supermarket, with more people noticing smaller packs for the same price. Welfare Reality Check: A closer look at JobSeeker shows many recipients are effectively living on about $68 a day after rent and basic costs. Energy Security Moves: Government in-principle approval for direct procurement of eight LNG cargoes highlights how geopolitics is reshaping Australia’s fuel planning. Property & Housing: A developer is accused of trying to roll back affordable housing commitments early in Sydney, reigniting scrutiny of how “housing crisis” promises land on the ground. Gambling Reform Push: Labor MPs are calling for tougher gambling inducement rules after fresh allegations in parliament. Business Deals: Billionaire hotelier Justin Hemmes adds another pub, paying $50m for the Sackville hotel in Rozelle. Tech & Compliance: Pixalate’s Mobile Seller Trust Index flags ongoing ad-inventory arbitrage risks, with Australia among countries seeing shifts in reseller activity.
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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