AGP Executive Report
Last update: an hour agoInflation Watch: Australia’s headline inflation eased to 4.2% in April after a temporary fuel excise cut, but underlying inflation (trimmed mean) edged up to 3.4%, keeping the RBA on alert. Budget & Housing Politics: Labor’s tax overhaul debate is spilling into memes and “soft toys” as small business and investors warn CGT and negative gearing changes could hit established property and start-ups. Markets: The ASX took cues from the latest inflation print, with traders weighing whether rate pressure eases. Quad Trade & Infrastructure: Quad nations unveiled a Fiji port plan under a “Ports of the Future” partnership, aiming to boost critical port capacity and maritime surveillance. Energy & Power Bills: Regulators and industry are pointing to falling power bills from July as renewables and batteries expand, even as fuel and oil risks linger. Corporate Moves: Hewitt Foods is set to acquire Nolan Meats, keeping operations in Queensland while expanding an organic, vertically integrated supply chain. Sports Governance: Football Australia’s AGM could jeopardise Olympic and community football funding if governance reforms aren’t passed.
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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