Weekend reading and media appearances

International Reading:

• Las Vegas mayor says the city is suffering from a serious drop in Canadian tourists: ‘We need you, and we miss you’ – Fortune
• Hundreds of scared Arkansas farmers gathered to ask Trump for help — and plead with President to show ‘fruit’ of his love. What do they expect? – Money Wise
• Jamie Dimon Warns the U.S. Economy Is Weakening and Fed Rate Cuts May Have Limited Impact – Trend on Verge
• Firms will hesitate to invest in US after raid – South Korea president – BBC
• Tariff exposed industries are losing jobs – CNN
• The school shooting industry is worth billions — and it keeps growing – NPR
• US Economy Added 911,000 Fewer Jobs Than Initially Reported – Verity
• Labor Department watchdog launches probe into the Bureau of Labor Statistics – CBS News
• Why Americans should be worried about Trump’s economy – MSNBC
• Wealthier Americans are more worried about rising unemployment than any other income group, NY Fed finds, as fear of ‘white-collar recession’ grows – Fortune
• China’s retaliatory tariffs to squeeze EU pork producers – Reuters
• It’s not the tariffs, it’s the chaos – CBC
• The Economic impacts of the Ukraine war on Eastern European countries with a focus on inflation and GDP growth – World New World
• Ozempic Maker Novo Nordisk to Cut 9,000 Jobs – NY Times
• Farmer says ‘we’re in a very dire situation’ ahead of harvest—with zero soybean orders from China, historically the largest buyer – Fortune
• Global shares gain, tame US inflation boosts Fed rate cut hopes – Reuters
• Elon Musk is on the cusp of losing his title as world’s richest person – CNN
• Young America faces an economic crisis – Axios

Local Reading:

• Genevieve Bell resigns as Australian National University vice-chancellor after months of controversy – ABC
• Andrew Hastie says no moves underway to replace Sussan Ley as Liberal leader – ABC
• Tim Wilson has a long-held bet against Australia’s sharemarket. Experts say it would now have ‘lost quite a bit of money’ – The Guardian
• Quarter of heatwaves this century ‘virtually impossible’ without climate change, study finds – ABC
• Vanuatu warns Australia that expanding Woodside’s North West Shelf gas project could breach international ruling – ABC
• Natural disasters forecast to cost Australia’s young people $100bn by 2060 – The Guardian
• Albanese government about to settle on Australia’s 2035 climate target – ABC
• ‘Shameful’: Union slams NAB plan to fire 410 workers and move jobs overseas – The SMH
• Labor under internal pressure to commit to at least 70% emissions reduction by 2035 – The Guardian
• Severe storms hit Sydney as wild weather triggers transport disruption – News.com.au
• Climate change forces BOM to overhaul El Niño and La Niña analysis – ABC
• Tesla’s Full Self-Driving test through Melbourne’s CBD ‘not approved’ by Victorian government – ABC
• Australia’s sovereign wealth fund tops $252 billion, boosts developed markets investments – Reuters
• ANZ to cut 3,500 jobs in next year – ABC
• Westpac sees ‘comatose’ housing market springing into life in 2026 – Interest.co.nz
• Housing supply outpaces demand in Auckland and Wellington – Interest.co.nz

MB Media Appearances:

Australia’s out-of-control migration system – Interview with IPA Australia

The Great Immigration Debate

Why state and federal budgets are unsustainable

Canada shows Australia how to solve the rental crisis

Australia’s economy is structurally sick