AGP Executive Report
Last update: 13 minutes agoMiddle East Shockwaves: Trump says he’s paused a planned attack on Iran after Tehran sent a peace proposal, boosting markets as oil and inflation fears ease slightly. RBA Warning: Reserve Bank chief economist Sarah Hunter warns inflation expectations can turn into a self-fulfilling spiral that forces rate hikes and risks recession. ASX Set to Rebound: After a 1.45% slide on Monday, futures point to a firmer open as Wall Street steadies. Energy Pressure: Australia’s gas reservation plan is under scrutiny at industry talks, while producers push for more supply as Strait of Hormuz disruption keeps fuel costs front and centre. Public Service Overhaul (NZ): Nicola Willis’ Budget in New Zealand flags cuts of about 8700 roles and $2.4b in savings over three years. Victoria Lottery Scrutiny: Victoria’s 40-year lottery extension faces an auditor-general review over claims of “devious” lack of transparency. Health Watch: Ebola border screening could tighten if the outbreak spreads further. Crime & Cost of Living: Retailers warn cigarette tax is fuelling Melbourne’s black market and organised crime. Security Incident: A Brisbane Bunnings Newstead store was evacuated after a bomb threat, with police later finding no suspicious item.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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