AGP Executive Report
Last update: 10 hours agoElectric Vehicles Shift: Australia’s EVs outsold petrol and diesel for the first time in August, with 27,089 battery electrics taking 24.9% of the market and electrified vehicles hitting 53.9%, driven largely by Chinese-made models. Investor Demographics: CommSec research says the ASX share investor base is getting younger, with millennials the biggest group and Gen Z the most active traders, partly because property is out of reach. Rates Watch: ASX futures were set to rise after Fed governor Christopher Waller signalled no rush to lift US rates, easing bond-yield pressure. Digital Asset Deadline: ASIC warned crypto firms to complete licensing transitions by Sept. 30 or risk breaching law from Oct. 1, with penalties up to 10% of turnover. Tech + Climate Tension: A UN-backed report says tech firms’ climate pledges lag behind the energy demand surge from AI, with emissions rising for major AI/cloud providers. Energy Storage Moves: Amazon signed a first APAC standalone battery tolling deal in Victoria (50MW/200MWh), while Energy Vault secured land for its Stoney Creek BESS in NSW for construction in 2027. Consumer Tech Caution: A study flags passenger media screens as largely unused and more prone to technical problems.
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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