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AGP Executive Report

Last update: 11 hours ago

Tax Reform Fight: Australia’s lower house has passed the biggest tax overhaul in decades, curbing negative gearing to new homes and scrapping the 50% capital gains discount for an inflation-linked approach—now headed to a Senate battle where crossbench and Greens support may decide the outcome. Welfare Automation Backlash: The PSA warns the rushed Social Security Modernisation Bill could hand life-and-death benefit decisions to opaque automated systems, echoing fears raised by Robodebt. US Tariff Pressure: Donald Trump’s administration is moving to lift “forced labour” tariffs on Australia to 12.5%, prompting Albanese and Chalmers to reject the claims as unwarranted and inconsistent with the US free-trade deal. Meta vs News Payments: Meta says Australia’s proposed “news tax” is grossly unfair and discriminatory, while Canberra pushes for tech giants to pay publishers. Canberra/ACT Politics: Greens MLA Rebecca Vassarotti returns to the ACT Assembly via countback after Shane Rattenbury’s resignation. Security & Tech: ASIO and Five Eyes warn Chinese spies are targeting civil servants and defence staff via job ads and networking sites like LinkedIn. Regional/Indo-Pacific: The Quad is shifting from dialogue to action on maritime security and resilience initiatives. Energy & Industry: WA backs solar and battery recycling with $17.8m, while South Australia’s IREN plans an 800MW AI data centre powered by net renewables. Road Safety: Toyota issues an urgent recall for 13,000 Prado SUVs over a digital display software fault.

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.

AGP Wire

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2 hours ago

GSTX outlines U.S., Australia and New Zealand silicon wafer supply chain plan

EIN Presswire

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Jun. 3, 2026

Australia’s senior living sector shifts toward home care

EIN Presswire

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Jun. 3, 2026

Millennial and Gen Z parents are forcing a digital overhaul in Australian childcare

EIN Presswire

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Jun. 1, 2026

ServeRetail expands Philippines retail support for US and Australian brands

EIN Presswire


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Australians paying almost as much for passports as government’s gas revenue, David Pocock says

Australians paying almost as much for passports as government’s gas revenue, David Pocock says

Minister defends homebuyers’ scheme amid non-citizen bombshell

Minister defends homebuyers’ scheme amid non-citizen bombshell

Australia urged to adopt three-day working week as AI rapidly reshapes jobs

Australia urged to adopt three-day working week as AI rapidly reshapes jobs


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9 hours ago

Australia Opposes Israel's Lebanon Escalation, Imposes New Sanctions

MENAFN

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10 hours ago

Australia Pledges USD3.6M to Combat Deadly Ebola Outbreak in Africa

MENAFN

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15 hours ago

Australia Blasts US Over New 12.5 Percent Tariff Plan

MENAFN

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13 hours ago

Australia Pushes Back Against Proposed US Tariffs

MENAFN

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2 hours ago

GSTX Plans for Silicon Wafer Supply Chains in the U.S., Australia, and New Zealand

EIN Presswire

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Jun. 3, 2026

Australia's GDP Growth Fall to 0.3 Percent in Q1

MENAFN

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