Weekend Reading and MB Media Releases
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International Reads:
- Homes are unaffordable in 80% of larger U.S. counties, analysis finds – CBS News
- Apartments Could Be the Next Real Estate Business to Struggle – NY Times
- Americans feel the economy is working against them. How we can speed up economic growth. – USA Today
- We’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says – Fortune
- Maryland sold over $1.1 billion worth of cannabis in the first year of legal recreational sales – Cannabis Industry Data
- Baby boomers living on $1,000 a month in Social Security share their retirement experience: ‘I never imagined being in this position.’ – Business Insider
- Bitcoin Pushed Below $58K as Market Awaits Mt. Gox Payouts – BitDegree
- Climate change is pushing up food prices — and worrying central banks – FT
- China’s BYD Inaugurates First Plant in Thailand as It Expands Reach Into Southeast Asia – US News
- What next for Britain and its ailing economy? – Globe & Mail
- America’s swimming pool bust echoes cooling economy – Axios
- A global tax war is looming. It could hit Big Tech hard – A Global Tax War
Local Reads:
- Usman Khawaja accuses Peter Dutton of ‘fuelling Islamophobia from the very top’ – The Guardian
- Vape sale crackdown in Australia chaotic as regulators unprepared, fear organised crime – The Age
- Why doesn’t Australia have a human rights act? – SBS
- Extension cord running across a footpath to charge an EV sparks fierce debate – ABC
- Hybrid sales are outstripping EVs, sounding alarm for emissions reductions – ABC
- Fatima Payman to quit Labor and become an independent – ABC
- Bruce Lehrmann to stand trial on two rape charges alleged to have occurred in Toowoomba, west of Brisbane, in October 2021 – The Guardian
- Pro-Palestine protesters on roof of Parliament House – News.com.au
- How a family was left ‘shattered’ by a Homesafe contract on their single mother’s home – The Guardian
- ANZ named and shamed for charging dead clients – New Daily
- Government goes to tender on major water buybacks to help envrionment in Murray-Darling Basin – ABC
- More first home buyers getting into homes and the average price they’re paying is dropping – Interest.co.nz
- Rise in Kiwis’ pension assets offsets renewed falls in housing values – Interest.co.nz
- New housing rules will push down property prices, Housing Minister Chris Bishop says – Interest.co.nz
- Increase in property values in late 2023/early 2024 a ‘dead cat bounce’, CoreLogic says – Interest.co.nz
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MB Media Appearances:
Australia’s economy is a corporate oligarchy
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Australia has “zero chance” of meeting housing targets
Australians suffer from Ponzi ‘rat wheel’ economy
Australians face bleak economic future
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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.