AGP Executive Report
Last update: 12 hours agoProductivity Watch: Australia’s productivity fell 0.6% in Q1 2026 as hours worked rose 0.9% while output lagged, with the Productivity Commission warning the country is “working harder and longer” without matching gains. Energy & Investment: The same Productivity Commission links the productivity slide to the shift from coal to renewables, urging governments to prioritise efficient, cost-effective energy spending. ASX Markets: Risk-on sentiment lifted the ASX, with the S&P/ASX 200 up 1.85% as traders priced in a potential US-Iran peace deal, oil slid and gold bounced; miners and consumer stocks led. Healthcare Turnaround: ASX healthcare is showing signs of recovery heading into June catalysts, with CSL and Cochlear rebounding after earlier pressure. Corporate Moves: Amplify acquired Melbourne creative agency Snack Drawer, while M&C Saatchi cut at least 20 Australian roles after losing major clients. Labour & Policy: Solomon Islands PM Matthew Wale says he will phase out PALM and RSE labour mobility schemes to tackle youth unemployment. Tourism Momentum: New Zealand reported international visitor numbers up 8% in April, with Australia and China among the biggest contributors.
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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