International reading:
- US to release 172 million barrels of oil from strategic petroleum reserve – Reuters
- Iran says it’s ready for a long war that would ‘destroy’ global economy – Lemonde
- Saudi oil giant warns of ‘catastrophic consequences’ from Iran war as three commercial ships are ‘attacked’ in Strait of Hormuz and Tehran tries to strangle world’s energy supplies – Daily Mail
- Trump’s economy was already exploding the national debt before his $1 billion-a-day war in Iran. Analysts warn about what’s next – Fortune
- The U.S. borrowed $50 billion a week for the past five months, finds the CBO – Fortune
- US Navy Tells Shipping Industry Hormuz Escorts Not Possible for Now – US News
- Iran tells world to get ready for $200 a barrel – Reuters
- Panic as record number of Americans tap into their 401(k)s in ultimate sign of 2008-style crash – Daily Mail
- Trump’s economy was already exploding the national debt before his $1 billion-a-day war in Iran. Analysts warn about what comes next – Yahoo
- Nightmare for Donald Trump as inflation surges BEFORE new costs of war taken into account – The Mirror
- Morgan Stanley restricts redemptions at private credit fund after withdrawals surge – Reuters
- How the Strait of Hormuz closure affects global oil supply – Reuters
- Trump administration starts to panic over rapidly rising oil costs – Yahoo
- Why the AI boom will make phones, cars and electronics more expensive – Bloomberg
- Putin’s Russia is the only winner of Trump-Netanyahu war on Iran – Reuters
- India Buys 30 Million Barrels of Russian Oil After Trump’s US Waiver for Iran War – Bloomberg
Local Reading:
- Police accused of ‘overreach’ after ‘from the river to the sea’ arrests – ABC
- Atlassian lays off 1,600 workers ahead of AI push – The Guardian
- Australian sports presenter Mel McLaughlin reveals lung cancer diagnosis – ABC
- Mining billionaire Clive Palmer re-enters politics with tilt at Queensland seat of Fadden – The Nightly
- Labor MPs quietly alarmed by Albanese government’s response to US-Israel strikes on Iran – The Guardian
- How the Middle East war and the cost of fuel is impacting airfares – ABC
- Foreign Facebook accounts using AI Pauline Hanson to manipulate Australians – ABC
- ‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies, experts say – The Guardian
- Australia’s age verification rules: Is a VPN ban on the horizon? – Tech Radar
- VPN downloads surge in Australia after age checks hit porn sites, online games, and social media – Tech Spot
- Woolworths trumpeted eight consecutive quarters of price declines. Here’s why that claim doesn’t pass the pub test – The Guardian
- Fuel rationing: Government receiving advice on demand restraint – Interest.co.nz
- Moving up the property ladder should be achievable for most first home buyers after 10 years – Interest.co.nz
MB Media Appearances:
DLS writing in News.com.au: US-Iran war ‘petrol lockdown’ could send prices to $10 per litre
Last week’s podcast with Catherine Cashmore from Land Cycle Investor discusses the inflationary pressures bearing down on Australia and their implications. I also explain why Queenslanders and New South Welshmen may start moving to Victoria. We also answer viewers’ questions.
This interview with Ben Fordham on Radio 2GB discusses the latest developments in the Middle East energy shock, the Albanese government’s damage control, and what it means for Australia.
Last weekend’s Treasury of Common Sense with Luke Grant at Radio 2GB/4BC discussed the implications for Australian energy prices arising from the war in the Middle East.
This interview with Radio 3AW Mornings discusses the implications of the global energy shock on the federal budget, the economy, and households.
This interview with Jason Matthews at Radio 4BC discusses the implications of the war in the Middle East and what it means for inflation, the economy, and interest rates.
Last week’s Treasury of Common Sense with Phil O’Neil on Radio 2GB/4BC explains why NSW and QLD residents could start fleeing to Victoria for affordable housing.
