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AGP Executive Report

Last update: 4 hours ago

Retail: David Jones has entered voluntary administration after 188 years, with a sale or recapitalisation under way. Its 38 stores are still trading, but closures are expected, putting about 6,000 jobs in Australia and New Zealand at risk. Tech: Canva plans to cut 1,271 roles — about 22% of its workforce — as growth slows for the first time in a decade and the company reshapes its teams. Rates and confidence: The RBA’s deputy governor says public trust in the central bank’s inflation fight is slipping after rates rose to 4.85%, their highest level in 18 years. Banking: NAB reported a $6.1 billion FY26 profit, while warning that economic pressure could lift bad-loan risks. Markets: Australian shares rebounded as a Wall Street rally lifted the ASX 200 to a two-month high.

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.

AGP Wire

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7 hours ago

Australia mortgage stress hits 18-year high as rates climb to 4.85%

AGP

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Nov. 4, 2026

Sennza Media to launch monthly features on new things to do across Australia

AGP

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Nov. 4, 2026

XS.com names Hanna Le Vietnam business development director

AGP

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Nov. 4, 2026

XS.com appoints Hanna Lee to lead Vietnam business development

AGP


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Australian retailer David Jones – sold at a loss by Woolworths – enters business rescue

Australian retailer David Jones – sold at a loss by Woolworths – enters business rescue


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2 hours ago

Brookfield Business Corporation Reports Third Quarter 2026 Results

GlobeNewswire, Inc.

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2 hours ago

Iovance Biotherapeutics Reports Record Third Quarter 2026 Revenue of ~$122M, Business Achievements, and Corporate Updates

GlobeNewswire, Inc.

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Climb Bio Reports Third Quarter 2026 Financial Results and Provides Business Updates

GlobeNewswire, Inc.

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SAB BIO Reports Q3 2026 Financial Results and Provides Business Highlights

GlobeNewswire, Inc.

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7 hours ago

DDP Property Founder Zaki Ameer: Australian Mortgage Stress at 18-Year High as Cash Rate Reaches 4.85 Percent

EIN Presswire

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17 hours ago

OPKO Health Reports Third Quarter 2026 Business Highlights and Financial Results

GlobeNewswire, Inc.

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