AGP Executive Report

Last update: 9 hours ago

Housing Crisis: NAB’s Sally Auld says Australia’s housing problems will take “a generation” to fix, warning price falls won’t solve affordability without sustained supply growth. Construction Costs: The Iran war is feeding through to building materials, with the Housing Industry Association reporting construction prices jumped 2.1% nationally—the biggest rise in almost four years. Property Tax Backlash: Industry groups warn governments’ “addiction” to property taxes is crushing builders and worsening housing supply, as tax settings and costs pile pressure on development. Credit Card “Loyalty Tax”: CBA and Westpac are still charging overlimit fees to long-term customers via a legal loophole, despite the fees being banned for newer accounts. EV Shift: VFACTS shows battery electric vehicles outsold petrol and diesel in Australia for the first time in August, with electrified cars now over half the market. ASX/FX: Wall Street climbed on big tech and easing bond yields, lifting sentiment for the ASX; the Aussie dollar is around US72c. Climate Policy: The federal government published voluntary climate transition planning guidance built around a four-stage cycle, aimed at good practice for net-zero transition planning. Energy/Geopolitics: Oil prices near $95 as US-Iran tensions escalate, raising supply-risk concerns. Pacific Security: Australia’s PM pushes back on normalising missile tests in the nuclear-free Pacific, with rare dissent recorded at Pacific leaders’ talks.

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.

AGP Wire

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Sep. 3, 2026

CORTEC STEEL expands integrated steel pipe business with ERW focus

AGP

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Sep. 2, 2026

AIMS Australia Tax Accountants wins 2026 Adelaide tax service award

AGP

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Sep. 2, 2026

Tall Emu to roll out new ERP alternative for Australian manufacturers and distributors

AGP

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Sep. 2, 2026

Strike Group Australia to show school device protection tools at i-Educate 2026

AGP


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Australia Post letter changes could mean for Hawkesbury villages

Australia Post letter changes could mean for Hawkesbury villages

Australian Shares Slip As ASX 200 Snaps Two-Day Rally Amid RBA Rate Fears And Ex-Dividend Drag Today

Australian Shares Slip As ASX 200 Snaps Two-Day Rally Amid RBA Rate Fears And Ex-Dividend Drag Today

Businessman, badminton patron Andrew Kam dies at 64

Businessman, badminton patron Andrew Kam dies at 64

Australia’s cost squeeze is turning shoppers into value hunters

Australia’s cost squeeze is turning shoppers into value hunters


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9 hours ago

California and the Australian state of Queensland ink new partnership to accelerate climate resilience, agricultural technology, and innovation

Office of the California Governor

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9 hours ago

California and the Australian state of Queensland ink new partnership to accelerate climate resilience, agricultural technology, and innovation

Office of the California Governor

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11 hours ago

Record Gold Prices Fixed The Economics. They Did Not Fix The Timeline

GlobeNewswire, Inc.

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14 hours ago

2026 AUSTRALIAN MUSEUM EUREKA PRIZES WINNERS ANNOUNCED

EIN Presswire

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Sep. 3, 2026

PU Prime Launches Australian Operations under ASIC Licence

GlobeNewswire, Inc.

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