AGP Executive Report
Last update: 11 hours agoProperty & money laundering crackdown: From Wednesday, Australians buying or selling homes must show passport or driver’s licence to real estate agents, with higher-risk buyers asked for proof of source of funds/wealth and suspicious activity escalated to AUSTRAC. Housing affordability pressure: New data points to the steepest monthly fall in home values since 2022, adding to a broader slump as approvals slide. Superannuation deadline: PayDay Super reforms start 1 July, requiring employers to pay super guarantee contributions at the same time as wages, with a seven-business-day transfer rule and ATO enforcement. Tech and kids’ safety: Australia’s under-16 social media ban is being tightened with bigger penalties for platforms that don’t enforce it. Hate online study: A new analysis of 2 million posts finds persistent anti-Jewish and anti-Muslim hate in Australia, with experts warning enforcement against tech remains tough. Northern Australia crime: Authorities charged a man over an alleged people smuggling attempt after a boat dropped suspected Chinese nationals on the Far North Queensland coast. Energy transition: AEMO’s 2026 plan backs major growth in solar and battery storage, while industry groups argue more gas investment is still needed for reliability. Health: A “life-saving” opioid dependency drug (Sublocade) is set to be pulled from the market by end of year. Justice & governance: The PwC and KPMG scandals keep driving calls for a regulatory reset, while NSW’s cold-case inquiry hears families say police resources are lacking. International: Indonesia proposes a lottery system for issuing Working Holiday Visas to Indonesians.
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.