AGP Executive Report
Last update: 5 hours agoJobs and AI: Qantas plans to cut 850 head-office roles and shift much of the work to Accenture teams in India, with changes expected from mid-2027. The airline says it will consult staff and seek redeployment. Household Pressures: Consumer sentiment has hit a four-year low after the latest rate rise, while higher borrowing and fuel costs are weighing on businesses. Retail Shake-up: David Jones remains in administration as managers seek a buyer or recapitalisation, prolonging uncertainty for staff, suppliers and landlords. Energy Transition: Australian homes and businesses installed 1.04GWh of batteries in October, the strongest monthly result since April. SolarEdge, meanwhile, is ending direct sales in Australia and New Zealand. Local Industry: Space Machines Company and SunDrive are developing Australian-made solar arrays for spacecraft, aiming to reduce reliance on imported components.
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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