AGP Executive Report
Last update: 3 hours agoFuel Relief: Anthony Albanese extends the fuel excise cut by one month, keeping petrol and diesel about 16 cents per litre lower than the full rate in July, after an earlier three-month cut tied to Middle East oil-market disruptions. Tax & Politics: Labor pushes controversial tax changes (negative gearing and capital gains tax) through parliament before a winter break, but needs Greens support while the Coalition opposes; a separate NDIS inquiry report is also delayed again. Digital Consumer Pressure: A new CPRC report says four in five Australians have had problems with digital services in the past year, costing an estimated $497m, with most issues centred on access, fees and slow customer service. Markets & Rates: Global rates repriced as forex markets track policy divergence, with US and Europe staying hawkish and short-end yields moving higher. AI & Industry: An AI “time machine” index ranks robotaxi and autonomy leaders, while another report highlights AI saving a coal mine $191,000 in one morning. Energy Infrastructure Debate: Australia’s datacentre boom is accelerating, but economists warn the productivity case isn’t automatic and the “right level” of investment matters. Sport (Business Angle): Australia completes a 3-0 T20I sweep of Bangladesh, with Spencer Johnson’s standout economical spell and Mitchell Marsh’s 60 off 28 powering the chase.
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