Weekend Reading, MB Media Appearances and Vids
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International Reads:
- Some Of Jeep’s Best Customers Simply Can’t Afford A Jeep Anymore – Jalopnik
- Autoworkers used to have lifelong health care and pension income. They want it back. – NPR
- Nepo-homebuyers are using family money to afford down payments – Axios
- Premiums for family health insurance at work jump to nearly $24,000 this year – CNN
- Gen Z is quiet quitting because we’ve seen millennials suffer through economic hardship. Companies can’t sell us a pipe dream. – Business Insider
- New York sues crypto firms for losing over $1 billion – The Verge
- Biden administration announces “largest ever” investment in US electric grid. – The Verge
- The Average Renter in the U.S. Spends More than 40% of Pre-tax Earnings on Rent – Statographer
- Nokia to cut up to 14,000 jobs as US demand shrinks, growth uncertain – Reuters
- The economic impact of the ‘golden years’ is just beginning – The Hill
- Bank of America warned consumers they would be pushed to the ‘point of pain.’ – Fortune
- Tesla’s Musk raises Cybertruck production concerns, reveals delivery date – Reuters
- A US$500-million cash pile at Argentina’s main airport unnerves banks – BA Times
- Biden sold off nearly half the U.S. oil reserve. Is it ready for a crisis? – Politico
Local Reads:
- Alcohol harm: Wine bottles and beer cans could be slapped with cancer health warnings – The SMH
- ‘Anti-NIMBY’ laws for Sydney pubs and live music to help city rediscover its groove – ABC
- Indigenous groups reject Peter Dutton’s push for a royal commission into child sexual abuse – ABC
- Private schools face tighter rules on using $1.5b in public funds – The SMH
- Tim Mathieson, former partner of Julia Gillard, spared jail over sexual assault on sleeping woman – ABC
- Olympian Michael Klim never thought his body would let him down. Now, he needs up to 32 blood donations every 6 weeks. – Life Blood
- NBN Co chief’s salary jumps to more than $3m despite government call for restraint – The Guardian
- Arabs and Jews facing death threats and abuse in Australia as Israel-Hamas war intensifies – The Guardian
- Minns government to examine police strip-search powers – The SMH
- Lisa Wilkinson suing Network Ten for $370,000 over legal bills in Bruce Lehrmann defamation case – ABC
- Melbourne developer given permission to build on land after illegally clearing native vegetation – ABC
- Australia must urgently adapt to extreme weather or face soaring premiums, insurers warn – The Guardian
- Woodside seeks urgent reform to avert more gas delays – The SMH
- Estimated real estate agency commissions topped $400m in the September quarter – Interest.co.nz
- Infometrics says New Zealand economy is on track for a soft landing – Interest.co.nz
- Aspiring first home buyers haven’t fared particularly well under either Labour or National-led governments – Interest.co.nz
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MB Media Appearances:
A quieter week with only The Treasury of Common Sense, where I talked about the triple whammy being inflicted on Australians by the Albanese Government:
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I also appeared on Sky News on Friday night where I discussed Alboflation and the RBA:
Subscribe to my YouTube channel to keep up to date with my media appearances.
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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.