AGP Executive Report
Last update: 12 hours agoBudget Fallout: Labor’s 2026 housing tax changes are sparking fresh modelling claims from property and construction groups, with warnings of fewer homes, higher rents and weaker jobs—while Labor dismisses the forecasts as “vested interests” and pushes back on the narrative. Energy & Industry: BHP is partnering with Indigenous-led developer YEC to explore electrification and reliable power for Pilbara operations, as South Australia ramps up grid-scale batteries via six projects to lift storage capacity and cut reliance on gas during heatwaves. Corporate Moves: The Executive Centre is expanding in Sydney with a new premium workspace at 400 George as occupancy stays near record highs. Legal & Social: The federal Attorney-General says First Nations children in the NT youth justice system are at risk due to legal aid resourcing gaps, while the Bondi terror inquiry faces new scrutiny over claims Cabinet confidentiality was used to withhold key information. Markets & Trade: Asian shares mostly rose on hopes for a US-Iran ceasefire extension, and air cargo growth continues as Strait of Hormuz tensions drive stockpiling and volatility. Tech & Investment: Bloomberg reports Mitsui is looking at LNG investments to power data centres, highlighting how AI demand is reshaping energy capex.
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