AGP Executive Report
Last update: 6 hours agoRBA Watch: The Reserve Bank held the cash rate at 4.35% as markets largely expected, with inflation still a concern and another hike still “on the table” while property prices keep sliding in Sydney and Melbourne. Housing & Cost Pressure: New research says 55% of borrowers are in mortgage stress, and a separate report highlights how the “rule of thumb” for stress can miss the nuance of today’s affordability squeeze. Census Inclusion: Equality Australia is urging changes so intersex people are properly counted in future Censuses, warning that missing data leaves communities invisible in funding and policy. Health in Focus: Vitamin K injections for newborns are slipping in some states, with Queensland and Tasmania showing declines in uptake. Cyber & AI Cooperation: Australia and Singapore agreed to deepen AI safety, cyber resilience, and subsea cable protection links. Defence Tech: Lockheed Martin has been named the Virginia-class combat systems integration partner for Australia’s submarine sustainment capability. Aviation Innovation: Boeing is selling its flying taxi and drone-related units (Wisk and Insitu) to Archer, reshaping the race for “physical AI” in aerospace. Energy Storage Breakthrough: Sodium-ion batteries using salt-based inputs are moving from lab promise toward grid and data-centre storage. Biosecurity: WA launched a public H5 bird flu dashboard mapping detections and test results. Alcohol Policy: Spirits excise rises to $110.15/L, raising fresh concerns about illicit supply. Business/Markets: ASX futures point to a slightly lower open ahead of the RBA decision, with banks weighing on sentiment.
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.