International Reading:
- Poll: By a 2-to-1 margin, Americans say Trump has done more to raise prices than lower them – AzExpress
- Trump’s second-term golfing to cost US taxpayers $300M as he reaches $70M mark – The Mirror
- Medical bills are now the #1 cause of personal bankruptcy in Murica – Politico
- 8 million inflation refund checks sent out ahead of Thanksgiving – News Week
- Donald Trump’s War on Christmas – The Atlantic
- Trump’s approval rating negative with every pollster for first time ever – News Week
- Americans are buckling under medical bills. It could get worse. – Politico
- MIT study finds AI can already replace 11.7% of U.S. workforce – CNBC
- 4 charts show who’s feeling good about the economy – and who isn’t – Washington Post
- Higher fees for foreigners visiting US national parks stokes tourism concerns – News Day
- This is diabolical. This program wants people to sell the future equity in their homes to “investors” – Home Tap
- Canada’s prime minister announces supports for lumber, steel sectors hit by U.S. tariffs – AP News
- The Outlook for the US Economy in 2026 by Nouriel Roubini – Project Syndicate
- China has lent more to US than any other country since 2000, report finds – SCMP
- Black Friday arrives with solid momentum despite tariffs and economic uncertainty – News Day
Local Reading:
- Barnaby Joyce resigns from Nationals, opening door to defect to One Nation – The Age
- Labor and Greens agree on extra ABC funding for kids’ programs – ABC
- Albanese strikes deal with the Greens to pass environment protection bill – The Age
- Not-for-profit disability services are closing due to untenably low price caps, NDIS architect warns – The Guardian
- Millennials are the first generation to move left as they age, rewriting the rules of Australian politics – ABC
- Government projected to badly miss 2035 climate target, fall shy of 2030 – ABC
- Hotter than average summer forecast as fire authorities warn of highly flammable conditions – ABC
- Housing affordability at a record low – here’s four key ways to fix it – Live Wire Markets
- Peter Dutton’s unpopularity ‘broke several records’ and Labor more trusted on economy, ANU study finds – The Guardian
- TagEnergy Naracoorte big battery project raises concerns about take-up of agricultural land – ABC
- Labor’s nature laws risk collapse with deal yet to be struck on eve of parliament’s final sitting day – The Guardian
- Grattan delivers more Yimby drivel – Grattan Institute
- What RBNZ Monetary Policy Committee members will be watching over summer – Interest.co.nz
- Business confidence at highest level in 11 years, according to ANZ Business Outlook – Interest.co.nz
- Economists see good news for forthcoming GDP result in latest retail trade figures – Interest.co.nz
- Reserve Bank – it’s back to being ‘boring’ for us – Interest.co.nz
- Percentage of residential properties selling at a loss hits 12-year high – Interest.co.nz
MB Media Appearances:
My latest podcast with Martin North at Digital Finance Analytics unpacks Australia’s housing crisis, alongside various other issues facing the Australian economy.
A Treasury of Common Sense with Phil O’Neil at Radio 2GB/4BC discusses the collapse in housing affordability – both to purchase and rent – outlined in Cotality’s latest housing affordability report.
Podcast with Nucleaus Wealth’s Damien Klassen discusses everything to do with interest rates:
An interview with Danica De Giorgio from Sky News discusses the Coalition’s wet lettuce policy to lower immigration by 100,000, Canada’s immigration cuts, and why Australia needs a population plebiscite.
The Treasury of Common Sense with Luke Grant at Radio 2GB/4BC discussed the federal government’s proposed raid on the nation’s superannuation system to fund boondoggle renewable energy projects.
We also discussed Treasurer Jim Chalmers’ lies that Labor has delivered strong wage growth and a private sector jobs boom.
An interview with Tom Elliott on Radio 3AW Melbourne discusses the Victorian government’s plan to use superannuation savings to fund housing and infrastructure for the state’s ballooning population.
An interview with Kat Feeney on ABC Radio Brisbane explains why earning $100,000 is no longer enough for a comfortable life, due to the high cost of housing.
