AGP Executive Report
Last update: 7 hours agoInflation & RBA Watch: Australia’s headline CPI eased to 4% in May, but “trimmed mean” core inflation rose to 3.6%, keeping pressure on the RBA to stay cautious on rates. Bird Flu Alarm: H5N1 has been confirmed in South Australia after a giant petrel tested positive, bringing cases to three and triggering stepped-up surveillance; Papua New Guinea has lifted its poultry import ban with caveats. Housing & Cost-of-Living: Treasurer Jim Chalmers pushed back on claims of a housing “correction” as auction clearance rates slump, while NSW pokies revenue is still climbing and councils back a polluter-paid climate compensation fund. Energy Bills: Federal Energy Minister Chris Bowen has flagged concerns about retailers lifting daily supply charges even as usage costs fall. Local Community Wins: A Harden man’s Return and Earn can drive has raised $26,000 for local cancer support, and three NSW women were named on the Hidden Treasures volunteer honour roll.
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.