AGP Executive Report
Last update: 39 minutes agoASX Market Pulse: Tech shares led a choppy week, with the S&P/ASX 200 edging up 0.2% while the tech sector jumped 7.34%, as investors recalibrated after earlier AI-fear selloffs. Rates & Cost of Living: A fresh RBA cash-rate rise is framed as the wrong medicine, with critics pointing to energy and shipping shocks rather than domestic demand as the driver of inflation. Energy Transition: ARENA says Australia has hit 100 community batteries installed and is funding the next round, plus extending home battery support for larger 100kWh systems. EVs & Grid Resilience: New Zealand is trialling two-way EV chargers in Auckland, aiming to cut bills and provide backup power during outages—an approach already being tested in Australia. Wealth & Markets: Coverage highlights Bell Potter’s updated view on Netwealth amid weaker equity conditions, while separate stock-focused pieces look at WiseTech’s rebound and other ASX movers. Housing Pressure: Multiple reports warn the property downturn is deepening, with mortgage stress rising in key suburbs.
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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