AGP Executive Report
Last update: 2 hours agoFuel Excise Reset: Australia’s temporary fuel excise cut ends after midnight, setting up fresh petrol and diesel price pressure for motorists and likely lifting grocery costs via higher transport costs; Treasurer Jim Chalmers has asked the ACCC to scrutinise bowser pricing for any unjustified increases as the discount unwinds. EV Shift: With drivers bracing for higher fuel bills, new figures show a surge in EV and hybrid buying during the June quarter, as consumers pivot away from unleaded and diesel. Woodside Update: Woodside reports $4.19bn revenue for Q2, with higher realised prices lifting results, while production dips due to maintenance and cyclone recovery; the company says Scarborough remains on track for first LNG cargo in 4Q. Renewables & Industry MoUs: Andhra Pradesh and Australia sign four memoranda covering clean energy, advanced manufacturing, education and student wellbeing, including a solar manufacturing centre of excellence involving IIT Tirupati and UNSW. Energy Security & Climate Risk: Reports warn water risk is creeping up corporate agendas as extreme heat and drought hit food and supply chains, while Europe’s worst wildfire season in years flags El Niño-linked volatility ahead.
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.
Perspectify News
