AGP Executive Report
Last update: 7 hours agoNDIS Overhaul Fight: Crossbench senators say Labor’s NDIS reforms are “too far, too fast”, warning the bill could enable blunt cuts to budgets for more than 770,000 Australians with disability, with eligibility tightening and functional assessments from 2028. Social Media Age Ban: Meta told a Senate inquiry it removed about 756,000 under-16 accounts in Australia, but admitted it doesn’t know how many children remain online—while lawmakers weigh tougher penalties up to $99m and expanded regulator powers. KPMG Whistleblower Fallout: A parliamentary inquiry heard KPMG executives apologise and face fresh scrutiny as more whistleblowers come forward over alleged misuse of confidential client documents to win audit work. GST Deal Backlash: WA Premier Roger Cook attacked a Productivity Commission interim report calling the Morrison-era GST arrangement a costly mistake, while the commission says the system is less equitable and could cost taxpayers up to $12bn a year. Housing Signals: ABS data shows first-homebuyer lending plunged and investor borrowing fell sharply, adding pressure to Labor’s housing-market promises. Foreign Policy & Identity: Foreign Minister Penny Wong warned against “monoculture” politics, arguing it would weaken Australia’s connections and security. Energy & Industry: Rio Tinto’s Tomago aluminium smelter is set to receive a $2.5bn government support package, while new Queensland solar-plus-storage projects reached financial close.
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.