AGP Executive Report
Last update: 12 hours agoEnergy & M&A: Sembcorp has completed its acquisition of Alinta Energy, adding a 3.4GW operating portfolio and 10.4GW development pipeline, while keeping Alinta’s brand and management team. Resources build-out: Ora Banda Mining awarded GR Engineering a $233m EPC contract for a 3.0mtpa process plant at Davyhurst, supporting its expansion plan. Insurance & claims: Aon promoted Helene Madell to global broking centre CEO; Munich Re Specialty appointed Angus Kench as head of commercial claims for Australia. Regulation & consumer law: The ACCC fined Hismile $138,600 over misleading social media advertising claims. Intermediaries: Regis picked up 24 authorised representatives after Sphere Insurance Group entered liquidation. Markets driver: US-Iran deal talk lifted Asian stocks and pushed oil lower on hopes of Strait of Hormuz reopening. Tax & housing: Proposed federal CGT/negative gearing changes are under scrutiny, with investors warning of complexity and uncertainty. Business growth funding: Scaleup Mediafund launched a $25m fourth media-for-equity fund for early-stage Australian companies.
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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