AGP Executive Report
Last update: 2 hours agoInfant Formula Boost: Bubs Australia secured permanent US FDA authorisation for three products (Goat, 365 Day Grass Fed, Essential), sending shares up as it eyes broader US moves. Social Media Rules: Proposed Senate amendments would raise penalties for tech firms over Australia’s under-16s ban, with critics saying face-scanning and account workarounds still let teens slip through. Insurance + AI: Insurers say they’re ramping AI use, but regulators and the market are also questioning whether AI is “insurable” fast enough as governance and liability lag. Home Claims Training: Suncorp and ANZIIF are rolling out a consistent training and certification model for home-claims suppliers to reduce compliance chaos across insurers. Strata Insurance Deal: Allianz extended a strata distribution agreement with Strata Community Insurance to at least 2036, aiming to scale specialist products and claims capability. EV Shift: August sales data shows battery EVs outselling petrol cars for the first time, helped by the federal Electric Car Discount. Illegal Tobacco Crackdown: A taskforce report calls for major excise and regulatory overhaul as illicit tobacco and nicotine are increasingly driven by organised crime. Data Centres Push: AirTrunk is positioning Australia as a hyperscale AI hub, citing major capacity buildouts and big-tech demand. Retail/Consumer: Large format retail is gaining investor love as vacancy stays tight and tenants skew more “non-discretionary” (like supermarkets and health).
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.