AGP Executive Report
Last update: 10 hours agoMarkets & Housing Finance: ASX futures point to a softer open after a brutal banking sell-off, with Commonwealth Bank down 10.4% to $153.67 following a profit miss and fresh fears that Budget changes to negative gearing and capital gains could cool investor demand for housing loans. Neighbour Disputes: A Brisbane Supreme Court fight over a patio, cubby house and pool terrace built on a neighbour’s land has turned “ugly”, with the disputed area only 141 sqm but the legal stakes escalating. Energy Storage Push: Victoria’s battery pipeline keeps moving: Akaysha’s Glenrowan-linked 1,600MWh project has EPBC approval, while other BESS proposals face local fire-and-water concerns. Policy & Migration: Coalition plans would restrict welfare for non-citizens and tie net migration to housing supply—aimed at easing rent and price pressure. Local Life & Crime: Police charged two men after a cleaner found an alleged organised-crime “safe house” in Melbourne, seizing drugs, cash and weapons. International Ripple: The “toxic” Trump Tower deal on the Gold Coast is officially dead as the brand’s Australian partner dispute spills into the open.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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