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International Reads:
- Millennials and boomers are competing for homes. Guess who’s winning? – FT
- Homelessness explodes in Canada as rents, housing prices soar – MSN
- Why Trump and the Rest of the G.O.P. Won’t Stop Bashing Electric Vehicles – NY Times
- Layoffs Are Up Almost 200% So Far In 2023—These Industries Hit Hardest – Forbes
- China to spend $14 trillion on green power transformation – Global Construction News
- Americans Saved $1.1 Trillion Less Than Previously Thought From 2017-2022 – Bloomberg
- Student loan borrowers are facing “nightmare” customer service issues, prompting outcry from states – CBS
- Average long-term US mortgage rate surges to highest level since December 2000 – ABC News
- Mortgage demand drops to the lowest level since 1996, as interest rates head toward 8% – CNBC
- Wage growth keeps slowing for job switchers as US labor market cools off – Yahoo
Domestic Reads:
- Women are less likely to receive bystander CPR than men due to fears of ‘inappropriate touching’ – ABC
- Hundreds of Coles and Woolworths workers to strike this weekend – 7 News
- ‘People can say what they like’: voice supporter Jimmy Barnes won’t be cowed by fans’ backlash – The Guardian
- The ‘No’ campaign has emboldened racists, and emboldened Peter Dutton to become the worst version of himself – The Monthly
- Services Australia on strike next Monday over wages – The Mandarin
- Mental health disorders in young Australians surge by 53 per cent over 15 years, new data shows – ABC
- First Nations-owned supermarket slashing grocery bills in Normanton and creating jobs – ABC
- AUKUS Gravy Plane: $633K a month in flights with the taxpayer picking up the tab – Michael West
- Sydney rents reach record highs as units jump $130 per week over a year – The SMH
- Qantas urges Albanese government to stand firm on Qatar Airways rejection – The SMH
- Russian oligarch Oleg Deripaska asks court to render Australia’s sanctions regime invalid – The Guardian
- Cost of living spokesman defends real estate portfolio – Perth Now
- Australian government ignored warning its $528m ship was too big to fit under Hobart bridge, inquiry told – The Guardian
- Australia will pay $27m compensation to Indonesians held in adult jails when they were children – The Guardian
- Home Affairs Minister Clare O’Neil says Liberal predecessor Peter Dutton starved immigration system – ABC
- It’s tougher than ever to pay off a mortgage thanks to higher home loan sizes and interest rates – The Guardian
- NZ Post gets ‘negative’ credit outlook after selling its stake in Kiwibank – Interest.co.nz
- Treasury reports a $9.4 billion Crown deficit in the 2023 financial year – Interest.co.nz
- The Reserve Bank’s ‘hawkish by omission’ Official Cash Rate review – Interest.co.nz
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MB Media Appearances this week:
Sunday night with Amanda Stoker on Sky News:
Monday night with Caleb Bond on Sky News:
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Tuesday Night with Andrew Bolt on Sky News:
Subscribe to my YouTube channel to access all of my television and radio media interviews.
Wednesday night on Radio 2GB with Luke Grant:
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Interviewed on Disrupt Radio about cost of living.
Interviewed by Catherine Cashmore talking housing and immigration:
News.com.au article on the future of the AUD.
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Interviewed and quoted here in News.com.au article on household financial stress.
About the author

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