AGP Executive Report
Last update: 8 hours agoHousing & Tax: Australia’s CGT rules are set for a major shake-up from 1 July 2027, with the 50% discount fading for future gains and a new inflation-based approach plus a higher minimum tax rate—making valuation a potential new battleground for property investors. Construction Pipeline: HIA says home commencements should keep rising in 2027–28, but slower, as higher taxes on established housing and limits on SMSF borrowing for residential property bite into new supply. Energy & Land Use: Copenhagen Infrastructure Partners has greenlit and will build Queensland’s $1.7b Gawara Baya wind farm (up to 69 turbines plus battery storage), a rare boost after a wind investment drought. Property Markets: Australia’s shares were flat as rate-hike hopes weighed on miners and gold, while real estate stocks edged up. Insurance & Risk: APRA data shows householder insurance swung back to an underwriting profit in June quarter, but claims worsened—while an AFCA ruling found Auto & General cancelled a customer’s comprehensive cover and replaced it with third-party property-only. Hotels & Investment: Hoi Hup Realty bought Four Points by Sheraton Sydney for about A$201.8m, underscoring continued Sydney hotel deal strength. Security: WA police warned online marketplace sellers about theft and home invasions, urging residents to avoid sharing details that help criminals.
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