AGP Executive Report
Last update: 4 hours agoRBA Watch: Reserve Bank held the cash rate at 4.35%, with governor Michele Bullock warning inflation is still too high and further hikes remain possible if needed. Markets & Energy: ASX ended flat as investors weighed rate clarity against war risks, while oil slid and gold’s rebound stalled as crude forecasts were cut. Tax & Investment: A peak private capital body told a parliamentary inquiry Labor’s capital gains tax changes could hit venture and growth funding, warning firms like Canva and Employment Hero relied on current settings. Industrial Relations: Inpex lost a bid to halt escalating protected industrial action at the Ichthys LNG project, with strikes set to run to at least 23 June and cargo loading effectively paused. Tech & Payments: Visa rolled out Click to Pay for eligible Revolut cardholders, aiming to cut online checkout friction and fraud. Media & Audience: A Reuters-led panel highlighted how news consumption is shifting toward social and video platforms, changing how outlets build audience relationships. Social Media Regulation: Prince Harry and Meghan backed the UK’s under-16 social media ban, echoing Australia’s earlier move. Environment & Resources: Federal regulators flagged missing environmental information in a Texas gas firm’s plan for 20 wells near WA’s Fitzroy River system.
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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