Weekend reading and media appearances
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International Reads:
- Trump’s Tariffs Could Add $20K To The Cost Of Building A New Home – IB Times
- US inflation report points to impending recession – UnHeard
- Trump claims Musk has already found ‘tens of billions’ in savings. Even DOGE’s social media accounts disagree – Independent
- US eggs prices hit a record high of $4.95 and are likely to keep climbing – AP News
- Republicans Reveal Trump Tax Plan Will Cost US $4.5 Trillion – News Week
- Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’ – CNBC
- Texas and California are the biggest state losers from Trump’s escalating tariffs – CNBC
- Trump Kicks Off Global Trade War With New Tariffs – New Republic
- Americans’ credit card debt reaches new record high: New York Federal Reserve – ABC News
- Trump and Musk launch mass layoffs at several US federal agencies – The Guardian
- As Buyers Fail to Show Up, More Homes Are Being Pulled From Sale – WSJ
- Missouri cannabis sales reach $3.5B – News Tribune
- Donald Trump’s Pledge to Lower Costs on ‘Day One’ is Unraveling – News Week
- U.S. Government Budget Deficit of $128.6 billion, which compared to a deficit of $21.9 billion – Haver
- Opinion: The U.S. actually has a huge trade surplus in services – that’s where Canada should hit – The Globe & Mail
- Russia burns through gold reserves amid economic turmoil – News Week
- Gas prices are soaring again under Trump – News Week
Local Reads:
- Referendum needed for Dutton’s call to toughen citizenship-stripping laws, expert says – The Guardian
- Nurses get national ban over anti-Israel ‘kill’ rant – InDaily
- Australian hospital examines patient records after nurse claims to have killed Israelis – ABC News
- Labor’s social housing fund outperforming investment benchmark as construction begins – ABC
- Recycling plastic is hard. Could Australia go back to reusing bottles like Germany? – ABC
- Longer video released of Sydney nurses bragging about killing Israeli patients, police await unedited version – ABC
- Price hikes and shortages flagged after banana crops ‘cop a flogging’ in north Queensland floods – The Guardian
- Here’s why some people still evade public transport fares – even when they’re 50 cents – The Conversation
- GFG Alliance announces intention to sell stake in coal mine and direct profits to Whyalla steelworks’ suppliers – ABC
- Nuclear plants could use three times more water than current coal plants – ABC
- AGL slams nuclear option, doubles down on big batteries – MSN
- The fake qualifications and financial fraud of Australia’s shadowy private college sector – ABC
- Housing rents flat as a pancake in 2024 with just a few exceptions – Interest.co.nz
- Inflation expectations behave impeccably and gravitate to 2% – Interest.co.nz
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Media Appearances:
There is no Future Made in Australia
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Trumps tariffs a non-issue for Australians
Australian housing is a misery machine
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The dire costs of Australia’s energy policy idiocy
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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.