Weekend reading and media releases
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International Reading:
- DOGE worker admits the government works fine and was hoping for more easy wins. – Futurism
- What has Elon Musk’s Doge actually achieved? – FT
- Mike Johnson Argues Congress Needs Stock Trading to ‘Support Their Families’ Due to ‘Frozen’ Salaries – Latin Times
- GOP civil war breaks out over Medicaid as right calls for deeper cuts – The Hill
- Trump’s $1.2 trillion commitment in Qatar – WhiteHouse
- Schiff Takes To Senate Floor to Lay Out Trump’s 10 Most Corrupt Acts So Far – YouTube
- New White House budget bill includes clause giving President power to revoke tax exempt status of any organization he considers terrorist-supporting – New Republic
- Trump wants Americans to break one of their biggest habits – Business Insider
- UK economy expands at fastest pace in a year – The Times
- Bottom 60% of Americans don’t earn enough to afford basic costs of living – CBS News
- Trump’s Qatar Plane Could Burn $1 Billion in Upgrades Before It Ever Flies – Atlas News
- The Mother Of All Corruption: Trump cabinet member’s links to El Salvador crypto firm under scrutiny – The Guardian
- Here Are the Winners and Losers in the Republican Tax Bill – Bloomberg
- Why aren’t Americans filling the manufacturing jobs we already have? – NPR
Local Reading:
- Queensland senator Larissa Waters has been elected the new federal Greens leader. – The Guardian
- ‘Panic selling’ begins to avoid Labor’s $3 million super tax – News.com.au
- Australia has ramped up its travel warnings for the USA three times since April – ABC
- Safety concerns, a weak dollar, and border security are some of the issues reportedly contributing to a drop in Australians travelling to the United States. – SBS
- Mary River cod turns the tables on one of its biggest threats by eating them – ABC
- This 6-point plan can ease Australia’s gambling problems – if our government has the guts – The Conversation
- Captain Cook memorial will not return to Melbourne park after repeated vandalism – The Guardian
- Lenders are cutting home loan rates ahead of expected RBA interest rate cut – ABC
- Apartment owners jubilant as dodgy strata manager banned for life – The SMH
- Chris Bowen mocks Liberals’ equivocation on ‘bare minimum’ target of net zero by 2050 – The Guardian
- Housing market suffered ‘autumn chill’ in April, REINZ says – Interest.co.nz
- Surge in food prices drives annual increase up to 3.7% – Interest.co.nz
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MB Media Appearances:
Australia’s household recession sets new record
A ‘perfect storm’ confronts Australia’s housing market
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Code Red for Australian housing affordability
Australia’s housing system is designed to fail
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.