AGP Executive Report
Last update: 5 hours agoEducation Pay Deal: Victoria’s teachers and education support staff have secured a new enterprise agreement after a dispute that sparked two statewide strikes, with experienced teacher pay rising from $118,063 to $151,419 by 2029, plus a minimum 13.04% increase in 2026 and 28.3% rises for support staff and school leaders. Markets Watch: ASX futures point to a softer open as Wall Street slips on higher oil prices and weaker hopes for an Iran breakthrough, while investors track big earnings from BHP, CSL and Cochlear. Defence & Security: Japan’s defence minister says cooperation with the US and South Korea is “critical” after Trump scaled back drills with Seoul, with Australia’s Marles also stressing concern over North Korea’s nuclear and missile programs. Regional Ties: Prime Minister Albanese flags Indonesia as a key partner for regional security, pointing to the Jakarta Treaty and respect for sovereignty. Legal & Safety: An ACT man accused of threatening to kill his partner and blow up her mother’s home failed to win bail, telling court he was “at a loss for words” at the decision. Business & Competition: Revolut says it’s eyeing Australia’s mortgage market to challenge the Big Four after winning a banking licence. Energy Jobs: Tasmania’s Bell Bay Aluminium faces a real risk of closure as power talks stall, with workers warning negotiations are becoming political.
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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