International Reads:
- Gilded Age for Billionaire Offspring as $5.2 Trillion Wealth Transfer Accelerates – Common Dreams
- Inflation is cooling, but most Americans say they haven’t noticed – CBS News
- US Ukraine aid’s best-kept economic secret: Most of the money stays in the U.S.A. – Washington Post
- Americans need an extra $11,400 a year to maintain the same standard of living from 2021, GOP analysis shows – The Messenger
- Next generation of billionaires collect more wealth from inheritance than work, says UBS – The Guardian
- Analysts predict more brands will flee X after Musk tirade – Reuters
- ‘The great wealth transfer’ is here: Billionaires set to give trillions to their kids – CNBC
- Signa co-owner of NYC’s Chrysler Building falls into insolvency – NY Post
- Pending home sales drop to a record low, even worse than during the financial crisis – CNBC
- Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio – American Progress
- Trump ignored important lessons economists had learned over 50 years after inheriting an expanding economy – ABC News
- Why Isn’t Landfill Mining More Popular? – Gizmodo
- US consumer spending cools; labor market gradually slowing – Reuters
- Texans leaving the state as property taxes climb – News Week
- OPEC+ agrees oil output cuts approaching 2 million bpd, sources say – Reuters
- Inflation is Cooling Off: A Glimpse of Economic Stability – Mazdak
Local Reads:
- Satellite AI analysis finds thousands of hectares of “magnificent forests” in Victoria that haven’t regenerated after logging – ABC
- 8 things Chris Bowen didn’t tell you about Australia’s climate failure – The Australia Institute
- Employers push for staff to return to the office after working from home as commercial property values plunge – ABC
- Ex-magistrate calls to shut down websites promoting ‘sovereign-citizen’ defence for traffic fines – ABC
- Legalise Cannabis Party member waves cannabis in NSW parliament during bill introduction – ABC
- Rozelle Interchange was meant to ease congestion on Sydney roads. So what went wrong? – ABC
- Protesters ambush families of Israeli hostages at Melb hotel – Herald Sun
- Passing on higher prices risks making inflation worse, but Gerry Harvey says that’s the cost of doing business – ABC
- A path has been laid out to reinvent employment services, moving away from harsh compliance – ABC
- Climate change ambassador explains why Australia won’t back Pacific’s calls to urgently phase out fossil fuels – ABC
- Latest figures from Realestate.co.nz suggest housing market could be heading for a quiet summer – Interest.co.nz
- Average value of NZ homes up 1.1% over the three months to November – Interest.co.nz
- Inflation indicators ‘a mixed bag’ in latest ANZ Business Outlook Survey – Interest.co.nz
- Non-performing housing loans rise again – Interest.co.nz
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MB Media Appearances:
LVO on Sky News talking monthly CPI result and interest rates:
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LVO on the Treasury of Common Sense talking interest rates, inflation, the economy and stupid statements from RBA governor Michele Bullock:
Other Videos:
Why are London’s strip malls disappearing?
