International Reading:
- Trump Is Slowly but Surely Killing U.S. Economy, Experts Warn – New Republic
- Walmart announces 1,500 job cuts after Trump tells US retail giant to ‘eat the tariffs’ – Economic Times
- Americans favor labor unions over big business now more than ever – EPI
- The Largest Upward Transfer of Wealth in American History – The Atlantic
- Trump ‘seriously considering’ taking mortgage giants public – The Times
- Republicans Sneak Massive Medicare Cuts Into Their Horrid Tax Bill – New Republic
- Elon Musk’s Empire Is Crashing And It’s Not Just Tesla – Elhayat Life
- Trump’s tariffs won’t lead to a resurgence of U.S. manufacturing jobs, Wells Fargo analysis says – CNBC
- Investors dump bonds globally as U.S. credit downgrade, Trump’s tax bill ignite fiscal worries – CNBC
- U.S. Officials Sold Stocks Before Trump’s Tariffs Sank the Market – Pro Publica
- Dow tumbles by more than 800 points and bonds fall as concerns rise over America’s status as a safe place to invest – CNN
- US economy with Trump Surely,day after day, Trump loses confidence of americans, financial markets – New Republica
- Food stamps face ‘biggest cut in the program’s history’ under GOP tax bill – CNBC
- Why is the Fed quietly buying billions in bonds — and hoping nobody notices? – Market Watch
Local Reading:
- ‘Terrified’: Ex-cop jailed and deported during holiday to US – News.com.au
- Littleproud leadership ‘irreparably damaged’ as Joyce vows to back McCormack – ABC
- Australia has had record flu cases this year – and that’s before winter arrives. What’s going on? – The Guardian
- Fewer teens are drinking alcohol as social media, schools warn of danger – ABC
- Elon Musk’s Starlink issued warning by Australian communications watchdog – SBS
- Murray Watt clears path for North West Shelf gas decision, after environment group concerns rejected – ABC
- ‘Smoking gun’: Liberals claim leaked letter proves the Nationals planned to blow up Coalition – News.com.au
- Drivers of SUVs and pick-ups should pay more to be on our roads. Here’s how to make the system fairer (What about free-loading, heavy EVs?) – The Conversation
- Former Liberal prime minister John Howard has slammed the Coalition’s breakup as a “stupid move”, and has put his support behind sticking with nuclear power. – New Daily
- Disability services provider which collapsed with $500,000 tax debt investigated by NDIS regulator – The Guardian
- Rents on Trade Me Property down 3.1% in April year-on-year – Interest.co.nz
- Australia’s housing conundrum – Interest.co.nz
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MB Media Appearances:
Australia’s living standards are being trashed
Australia’s rental crisis is permanent
Interest rate cuts will drive house prices higher
More rate cuts coming to sandbag ailing economy
Government forecasts permanent housing shortage
Australia’s housing market is about to explode
The astonishing collapse of Australian real wages
