Global Macro / Markets / Investing:
- Helicopter money: The illusion of a free lunch – VOX
- Banks Must Defend Libor Lawsuits After Judges Warn of Impact – Bloomberg
- Are Rising Stock Prices Related to Income Inequality? – St Louis Fed
- Will the US Undermine the World Trade Organization? – Huffington Post
Americas:
- Trump escalates attack on Bill Clinton – Washington Post
- Sanders: Democratic convention could be ’messy’ – AP.org
- The Truth About the Sanders Movement – NY Times
- Who Bears the Cost of Recessions? The Role of House Prices and Household Debt – NBER
- Getting High on Interest Rates: What’s New at the Fed – Huffington Post
Europe:
- The Economic Arguments Against Brexit – New Yorker
- What the Treasury says about the short-term impact of Brexit – FT
- IMF demands ’unconditional’ debt relief for Greece as it warns targets will not be met – The Telegraph
- Euro Area Confronts Greek Debt Spiral With IMF Demanding Action – Bloomberg
- IMF Predicts Unemployment In Greece Will Fall To 12 Percent….By 2040 – Forbes
- People of no religion outnumber Christians in England and Wales – The Guardian
- Italy helps rescue 2,600 migrants from sea in 24 hours – Reuters
Asia:
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- China’s scary lesson to the world: Censoring the Internet works. – Washington Post
- North Korean envoy rejects Trump overture to meet leader – Reuters
- Japan Resumes Intervention Drumbeat After Yen’s Best Day in May – Bloomberg
- Washington’s warming relations with Vietnam – FT
- Moving On in Vietnam, but Remembering Its Lessons – NY Times
- Kyle Bass Was Right: SocGen Does The Math On China’s Staggering NPL Problem, Issues Dire Warning – Zero Hedge
- Ignored by Beijing, these desperate Chinese investors are looking to Hong Kong for help – Quartz
Trans-Tasman:
- ‘Absolutely not’: No regrets ditching NBN FTTP rollout, says Pyne – PC World
- The schoolboy maths error that underpins Turnbull’s NBN – PC World
- Transfield boss says political donations ‘bought access’ to MPs – The Guardian
- Politicians can’t be trusted to reform political donations – The Guardian
- A big majority of Australians say Malcolm Turnbull is doing little or nothing about climate change – The Age
- Suicide rates: experts warn job losses and uncertainty contributing to ‘national disaster’ – The Guardian
- People or profit: How does the Greens’ corporation plan stack up? – ABC News
- Property not ‘easy road’ to riches, says RBA governor – The SMH
- Welfare groups put pressure on government over homelessness – The SMH
- How much can a healthy lifestyle really reduce your cancer risk? – The SMH
- Australian construction industry to fold without Arrium, KordaMentha says – The SMH
- Government ‘lying’ about Labor’s $67b budget ‘black hole’: Tony Burke – The ABC
- Costings attack backfires on Morrison – The Canberra Times
- Campaign catchup: Coalition adds up the sum of all fears, then adds $35bn – The Guardian
- More compensation for taxi drivers hard hit by Uber rejected – ABC News
- Why so many international students are getting abortions – Canberra Times
- Brisbane facing apartment oversupply – The AFR
- Labor’s negative gearing policy would push up rents, new modelling claims – The Guardian
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‘Significant’ social housing move expected in Budget 2016 – Interest.co.nz
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Do Housing Minister Nick Smith’s claims on affordability stack up? – Interest.co.nz
Other: