AGP Executive Report
Last update: 2 hours agoAlcohol Excise Pushback: Australia’s spirits and RTD tax is set to jump to $110.15 a litre, with drinks groups warning it will fuel black-market alternatives and hit consumer confidence. Energy Transition Economics: New modelling argues a $2b government subsidy for commercial and industrial rooftop solar and batteries could unlock up to $39.7b in annual system benefits, including lower wholesale prices. Property Profit Cools: Domain reports the share of resale profits is easing, with some Sydney premium suburbs seeing median house values fall by up to $450k. EVs vs Gasoline Trade Signal: Trade data suggests countries are importing more Chinese EVs while cutting gasoline imports, hinting the EV shift may be accelerating globally. Payments Modernisation: City Bank says it has executed live cross-border transactions under SWIFT’s new retail scheme, aiming to reduce delays and hidden fees. Consumer Tech & Retail: Jetstar will cut economy carry-on to one item and charge for guaranteed overhead bin space, while OLIVE YOUNG’s curated K-beauty brands launch at Sephora from Aug 20. Workplace Safety Gap: A study says US regulators still don’t classify solar UV as a workplace hazard, despite high outdoor exposure risks.
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.