AGP Executive Report
Last update: 15 minutes agoBanking Jobs: NAB plans to cut up to 2,500 roles in a major overhaul, citing technology and economic pressures. AI Investment: The collapse of data-centre developer Firmus’s planned ASX float has prompted calls for ASIC scrutiny and raised questions about appetite for big AI projects. Connectivity & Trade: Qatar Airways will begin flying to Western Sydney International in December 2027, adding a new link for passengers, exporters and tourism. Industrial Policy: Newly revealed advice shows Tasmania approved a $20 million loan to Liberty Bell Bay despite a high risk of losing the money; the smelter later closed, costing more than 200 jobs. Credit Trends: Non-bank lending jumped 65.2% year-on-year in the June quarter, far outpacing bank growth, as tighter bank credit sends more borrowers to alternative lenders. Economic Outlook: Falling consumer confidence and warnings that further rate rises could push the economy towards recession add to pressure on households and businesses.
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.
Perspectify News
