• Bank of England raises rates sharply and warns of 13% inflation by end of year – FT
• More than 700 Amazon workers at UK warehouse stop work to protest pay – PBS
• Bank of England Raises Interest Rate by Most Since 1995 – Coin Desk
• Evergrande’s Restructuring Plan Is Stalling in China.  – Medium
• German Oil Refiner Is Seeing ‘Run on Heating Oil and Diesel’ – Bloomberg
• Germany’s Rheinenergie to more than double gas prices from October – Reuters

Asia:

• China Blocks Some Taiwan Imports But Avoids Chip Disruption – AP News
• India: Heatwaves Are Increasing But Heat Related Deaths Fall – Reuters
• Beijing has always told women they’re safer in China than in the West. Did one viral video change everything? – ABC
• Zelensky seeking ‘direct talks’ with Xi Jinping to help end Ukraine war – Reuters
• China warns that its temperatures are rising faster than global average – Reuters
• China’s Covid Zero Could Last for Years Because It Works for Xi – Bloomberg
• China’s Big Fund for chips hit by anti-corruption probes – SCMP

Trans-Tasman:

• Workforce Australia provider makes jobseeker complete personality tests assessing ‘zest’ and ‘spirituality’ – The Guardian
• Tanya Plibersek says she will block Clive Palmer’s proposed coalmine near Great Barrier Reef – The Guardian
• Victoria passes laws raising penalties for environmental protesters at logging sites – The Guardian
• There is no shortage of gas, or fossil fuel cartels, in Australia – Renew Economy
• Government win on climate legislation leaves opposition looking like a stranded asset – The Conversation
• Mums being slugged hundreds of dollars extra by private health providers – ABC
• Climate bill passes the lower house after being tweaked by Greens and ‘teal’ crossbench – ABC
• An $11 billion budget loophole has been closed by federal parliament after urgent laws were rushed through both houses. – New Daily
• Farmers brace for a wet spring after ‘absolute nightmare’ winter – ABC
• The number of new homes being built in Auckland down about 10.6% from last year’s peak – Interest.co.nz
• How and why employees, not employers, hold the power in the labour market – Interest.co.nz
• Westpac economists raise their forecast of OCR peak to 4% – Interest.co.nz

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Unconventional Economist

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also Chief Economist and co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.

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