AGP Executive Report
Last update: 28 minutes agoJobs and Rates: Australia’s unemployment rate rose to 4.7% in September as employment unexpectedly fell, easing expectations of another rate hike. But the RBA is signalling borrowers may still face tougher conditions, and inflation remains a concern. Tax Reform: Grattan Institute has called for the GST to rise from 10% to 15% and apply to all food, with revenue used for income-tax cuts and support payments. Energy: A gas reservation bill focused on manufacturers has been tabled, as Queensland onshore projects eye supply for LNG exports to Asia. Markets: The ASX is set for a soft start after a Wall Street tech sell-off renewed questions about AI valuations and spending.
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