AGP Executive Report
Last update: 4 hours agoHousing and Rates: Westpac forecasts Australian home prices could fall 10.9% by March 2027, warning of the steepest downturn in nearly two decades as mortgage demand weakens. The RBA is widely expected to raise rates on Tuesday. Migration: Anthony Albanese plans to discuss tightening rules for British backpackers, whose numbers have surged while many work in city hospitality jobs. Public Trust: A new survey found nearly three-quarters of Australians think the country is more divided than a year ago, with trust in politicians and political parties falling. Retirement: ASIC says super funds are mishandling complaints, with some families waiting years for death benefits and insurance payments. Community Safety: NSW councils want more say over where tobacconists open as illegal tobacco stores fuel organised-crime violence. Weather: Severe storms could bring damaging winds, hail and heavy rain to parts of Victoria, NSW and Queensland this week.
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