AGP Executive Report
Last update: an hour agoMarkets & Rates: US inflation looked less bad than feared, lifting Wall Street and keeping the Fed hike odds below 13%, while oil jumps on renewed US-Iran war risk; ASX Outlook: Australian shares are set to rise after a flat close, with the Aussie dollar firmer; Energy Costs: CSIRO’s GenCost report says solar and wind stay the cheapest power options to 2030, even as AI-driven demand is pushing up gas tech costs; Geopolitics & Fuel: Australia braces for higher petrol as Strait of Hormuz tensions and Trump’s shipping levy threat could add more than 10 cents a litre; Labour Market: Roy Morgan shows “real unemployment” up to 11.7% as employment falls, with part-time work driving the weakness; Housing & Migration: Kiwi departures ease but migration slowdown clouds the outlook; Deal Watch: KKR joins a consortium to buy Australia’s Steadfast in a $5.3b-plus move; Policy & Industry: Australia’s AI datacentre approvals are being fast-tracked and a national AI office is planned; Workplace Safety: NSW court awards $1.3m workers comp to the father of murdered childcare worker Molly Ticehurst, alongside a separate farm safety fine.
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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