International Reads:
- Exclusive: Biden eyes antidote to Americans’ Trump “amnesia” in State of the Union – Axios
- Tesla’s value has slumped by $234 billion this year — that’s more than McDonald’s, Disney, or Nike are worth – Business Insider
- US salaries are falling. Employers say compensation is just ‘resetting’ – BBC
- Fed Chair Jerome Powell wants more proof inflation is falling before cutting interest rates – CBS News
- Russia hit by tsunami of bankruptcies – News Week
- Majority of Americans made sacrifices to cover monthly bills last year – Fox Business
- NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent – CNBC
- Bitcoin’s price is surging. What happens next? – The Economist
- Bitcoin’s record-breaking run could postpone Fed rate cuts, JPMorgan says – Business Insider
- Charted: U.S. Median House Prices vs. Income – Visual Capitalist
- All Generations Are Financially ‘Traumatized’ But Gen X — America’s Forgotten Middle Child — Bears The Heaviest Load – Yahoo
- ECB Sharply Cuts 2024-2025 Inflation Forecasts – Market Watch
- America’s most powerful union leaders have a message for capital – FT
- European Central Bank holds rates – Macro Ticker
Local Reads:
- Christian values called into question after Wesley Mission closes two Sydney mental health hospitals – ABC
- Virgin Australia announces small dogs and cats to be allowed in cabin on domestic flights – ABC
- Get The Popcorn: The ACCC Has Made The Games Industry Its Target For 2025 – Kotaku
- Tesla quits major Australian auto lobby over its ‘false claims’ about government’s clean car policy – The Guardian
- Peter Dutton’s frontbench reshuffle after the Dunkley loss can’t mask the lack of women in the Liberal ranks – ABC
- Push for government to build and rent homes – ABC
- Parents to have super paid on parental leave in move set to benefit 180,000 families a year – SBS
- The Coalition wants nuclear power. Could it work – or would it be an economic and logistical disaster? – The Guardian
- ACCC cracks down on fake specials, dodgy online claims amid cost of living pressure – The Age
- Mortgage borrowers going for shorter and shorter fixed terms – Interest.co.nz
- ASB survey finds kiwis are sitting on the fence when deciding if it’s a good time to buy a house – Interest.co.nz
MB Media Appearances:
A detailed interview on Brisbane’s 4BC Mornings with Bill McDonald where I break down how dumb government policies around energy and immigration are driving up cost-of-living and inflation.
Interview with Luke Grant on Radio 2GB where I discuss the rental crisis, the latest economic data, and why the Coalition need to replace Peter Dutton as leader.
An interview with David Flint from ADH TV explaining the world record collapse in Australian household disposable income.
Another segment with David Flint at ADH TV where I debunk myths surrounding Australia’s inflation.
An interview with Sky News’ Sharri Markson discussing the escalating rental crisis affecting Australia as a result of the federal government’s record-breaking immigration.
This week’s Treasury of Common Sense on Radio 2GB discusses the Q4 national accounts data from the Australian Bureau of Statistics, which confirmed that Aussie households have been smashed.
It also discusses the collapse in dwelling approvals and what it means for the rental crisis.
An interview with Tom Elliott on Melbourne Radio 3AW explaining why Australia’s economy is much worse than it looks.
Podcast with Nucleus Wealth discussing the per capita recession:
