AGP Executive Report
Last update: 9 hours agoSocial Cohesion: A survey of 10,000 Australians found pessimism about the country’s direction is rising amid cost-of-living and housing pressures, though community belonging remains strong. Online Safety: The High Court is hearing challenges to Australia’s under-16 social media ban, which the government says is needed to protect children. Economy: The Reserve Bank has lifted the cash rate to 4.85%, its highest level since 2008, adding pressure on borrowers as home prices fall. Canva plans to cut 1,271 jobs, while department store David Jones faces administration. Energy: Abu Dhabi’s XRG has agreed to buy Shell’s stake in Western Australia’s North West Shelf LNG project for $1.45 billion, subject to approvals.
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.