AGP Executive Report
Last update: an hour agoTariffs Watch: The US has proposed 10–12.5% forced-labour tariffs covering imports from 60 economies, raising the risk of higher prices for everyday goods in Australia as costs flow through supply chains. Policy Response: Australia’s government pushed back on the plan, calling it unjustified and highlighting “ideological disagreement” with the US. Industry Pulse: Australia’s industry conditions stayed weak in May, with the Australian Industry Group pointing to an energy crisis weighing on new orders, plus elevated input costs (fuel, freight, plastics, resins, packaging and metals) and softer selling price growth. Consumer Tech & Health: Control Bionics says its neurotechnology is gaining US reimbursement coverage for its assistive communication device, supporting distribution progress. Solar & Sustainability: UNSW’s Martin Green is backing real-world durability testing for next-gen perovskite solar modules, while a separate report argues solar recycling needs funding and rules now—not decades later. Retail & Payments: Mastercard plans to expand its Offers Network across Asia-Pacific, letting banks surface merchant-funded deals inside banking apps.
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.