AGP Executive Report
Last update: an hour agoHousing Watch: Federal advisers have pushed back the National Housing Accord target, now expecting 1.2 million homes by end-2030, with the downturn worsening as higher rates and tax changes bite. Regional Property: Cotality says the housing slump is spreading beyond capitals, with non-capital dwelling values down 0.1% over the quarter versus 2.5% in capital cities. Big Tech & Media: Parliament has passed the “News Bargaining Incentive”, forcing major platforms to either strike paid deals with publishers or pay a 2.5% levy on local ad revenue. EVs & Costs: Australia’s EV sales are surging, but a key question remains whether they’re cheaper to run once servicing and repairs are factored in. Markets: ASX futures point to a softer open as Wall Street slips on higher bond yields and oil-price worries. Fraud Alert: An ABC investigation alleges an Israel-linked investment fraud network defrauded more than 4,000 Australians of hundreds of millions. Business Moves: Service Stream wins two $144m Transport for Victoria contracts, expanding its maintenance work. Venture Capital: Airtree tells start-ups it will sell out if they can’t show they’re safe from AI-driven disruption.
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.