AGP Executive Report
Last update: 7 hours agoU.S. Economy: Early exit polls show affordability dominating midterm concerns: 39% of voters named the economy their top issue, while 75% said the country’s finances were in rough shape. Australia: The Reserve Bank raised rates to 4.85%, its fifth hike this year, squeezing retailers and household spending; Commonwealth Bank economists also warn of a steep national home-price decline. Gig Economy: Uber must pay more than A$81 million in New South Wales payroll tax after the High Court ruled driver fares counted as wages, with broader implications for the sector. Asian Investment: Southeast Asia needs an estimated $210 billion a year for green infrastructure, but investors remain wary of projects that are difficult to finance and replicate. New Zealand Housing: House prices are down 2.3% year over year, and a property economist expects sluggish sales for at least the next 12 to 18 months. Macau Growth: GDP rose 2.9% in the first nine months, but third-quarter growth was just 0.1% as gaming-service exports fell.
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.
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