AGP Executive Report
Last update: 10 hours agoBig Tech News Deal Law: Australia has enacted the News Bargaining Incentive, forcing major platforms (Google, Meta, TikTok, Microsoft) to pay a 2.5% levy on ad revenue unless they strike deals with local publishers, with offsets based on deal size and a cap per publisher share. Meta Youth Safety Pushback: A US watchdog report alleges Meta paid Australian parenting influencers to promote Instagram “teen safety” while lobbying against the under-16 social media ban, including an “Instagram Safety Camp” months before the law took effect. RBA Rate-Relief Pressure: ANZ flags a mid-year inflation jump driven by petrol, rents and takeaway food, warning the RBA may still feel “uncomfortable” about core inflation. Gambling Reform Fallout: Former Liberal MP Jenny Ware says gambling ad reforms leave “vulnerable Australians” let down, while questions remain over how the new opt-out register will work. AFLW Trust & Sanctions: Sydney AFLW captain Lucy McEvoy wants AFLW consulted before reintegrating five suspended men tied to a hotel scandal, insisting the club stays united. Transport Safety: ATSB investigates a fourth Sydney airport incident in under a month after two Qantas planes came close to a traffic conflict while taxiing. Media & Production: J.J. Abrams-produced thriller “Skeletons” wraps in Victoria, boosting local jobs and spend.
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.