AGP Executive Report
Last update: 7 hours agoProperty & AML Crackdown: From today, Australians buying or selling a home must show a passport or driver’s licence to the agent, with extra checks for higher-risk cases and possible proof of source of funds and wealth, as AUSTRAC targets money laundering and terrorism financing. Superannuation Compliance: PayDay Super is now live, forcing employers to pay super guarantee contributions alongside wages, with funds needing to receive payments within seven business days under new “qualifying earnings” rules. Big Tech in Court: The ACCC has sued Amazon over Prime Video ads, alleging unfair contract terms that left subscribers paying more to avoid advertising. Kids’ Social Media Rules: Australia is moving to tighten and enforce the under-16 social media ban, with regulators seeking stronger powers and higher penalties for platforms that don’t comply. Aviation Safety Shock (China): A light aircraft crash into Beijing’s CITIC Tower has prompted suspensions in China’s low-altitude flights sector and renewed scrutiny of safety gaps. Outback Wrangler Case: New court exhibits reveal what Matt Wright told police and family after the fatal helicopter crash. Mental Health & Justice: A NSW inquiry heard families say police lack resources to solve cold cases, leaving long-running missing persons and murder investigations unresolved.
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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