AGP Executive Report
Last update: 22 minutes agoNDIS Fraud Crackdown: An Adelaide man (38) has been charged after an alleged $5m dishonesty scheme involving stolen NDIS participant information, following an AFP-led Fraud Fusion Taskforce probe; he was arrested at Adelaide Airport, remanded, and faces court Monday. Payments Shock: Australians reported declined card and tap-and-go wallet payments during a global Mastercard outage blamed on a scheduled system update; banks and retailers urged backup methods until services were restored. Energy Policy Milestone: Australia’s home battery push hit 500,000 installations, with the Cheaper Home Batteries Program tracking at about 25% of its 2030 target and funding expanded to $7.2bn over four years. Media M&A: Paramount Skydance cleared another hurdle to close its Warner Bros. Discovery merger, winning regulatory approvals across 68 countries, with remaining delays tied to US state attorney-general litigation. Housing Finance Stress: Finder warns many mortgage holders are trapped by refinancing limits amid falling values and higher costs, with a “mortgage prison” risk for borrowers who can’t meet lender criteria. Gig Worker Rules: Australia’s “world-leading” minimum pay and insurance framework for delivery drivers continues to roll out, reshaping costs for platforms and operators.
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