International Reading:
- Experts say end of war won’t fix Trump’s gas mess in time for GOP: ‘Could get a lot worse’ – Raw Story
- Consumers Are ‘Running Out of Money’ and Cutting Back, CEOs Warn – Bloomberg
- A year on from Liberation Day, Trump’s tariffs have done “significant damage” to the U.S. economy, says Moody’s chief economist – Fortune
- Fewer American workers earn a living wage, report says – Market Place
- Blue Cross Blue Shield Overcharged $2.67B and You May Be Owed $333 – Block Now
- How Republicans Blew Up the Debt, Stalled America’s Future, and Stuck You With the Bill – Fact Keepers
- Treasury expected to borrow $2 trillion this year to continue functioning—more than $166 billion every month – Fortune
- GOP Ballroom and ICE Bill Would Add $72 Billion To Deficit – Huff Post
- Republicans propose $1 billion in taxpayer dollars to secure Trump ballroom – NBC News
- CIA Says Iran Can Outlast U.S. Blockade On Strait Of Hormuz For Months: Report – Huff Post
- Shell Reports Nearly $7 Billion Profit After Oil Prices Surged Amid U.S.-Iran War – NY Times
- Oil-price bets ahead of Iran war news totalled $7 billion, reporting shows – Reuters
- Surging gas prices are hitting lower-income households harder, New York Fed study shows – CNBC
- Shell latest oil giant to see profits surge due to Iran war impact – BBC
- Gas prices near $5 are changing how Americans drive, new poll finds – USA Today
Local Reading:
- Woman charged with terror-related offences after arriving in Sydney – ABC
- Energy companies will be forced to set aside gas under east coast gas reserve policy – ABC
- Annie Gas Field Project approved for waters near Twelve Apostles in Otway Basin – ABC
- Australia to give $30 million to Fiji to combat rising fuel prices in Pacific nation – ABC
- Cancellation ‘disaster’ for business that expected Inland Rail for 25 years – ABC
- Australia commits $7 billion to boost fuel stockpiles, create government reserve – Reuters
- Albanese government axes funding for $45 billion Inland Rail project linking Melbourne to Brisbane – ABC
- EV tax discount removed two days’ worth of carbon emissions – ABC
- Labor locks in tax reform trio: capital gains, negative gearing and trusts – ABC
- Rental market may be stabilising after the busy summer season – Interest.co.nz
- Are New Zealanders putting too much money into KiwiSaver? – Interest.co.nz
- Jobless rate steadies, wages rise +2% – Interest.co.nz
- New Zealand’s fuel strategy ‘a gamble on global stability’ – Interest.co.nz
- NZ home prices to fall further – Interest.co.nz
- NZ asking prices down, stock levels up – Interest.co.nz
MB Media appearances:
DLS writing in News.com.au: RBA rate hikes risk stagflation as oil shock hits Australia | news.com.au — Australia’s leading news site for latest headlines
LVO’s interview with Steve Price from Sky News discusses the RBA’s Tuesday interest rate hike and why it will tip the economy into recession. He also discusses the impact of federal government spending, changes to CGT and negative gearing, and the Victorian budget deficit:
LVO’s interview with Luke Grant at Radio 2GB/4BC explains why Australia’s high immigration policy makes even less sense in the era of AI. He also clowned on the National Housing Supply and Affordability Council’s fantastical housing projections:
Last week’s podcast with LVO and Catherine Cashmore from Land Cycle Investor:
LVO talking with Rita Panahi from Sky News discusses the blowout in renewable energy and EV subsidies, as well as the surge in migration from India:
LVO interview with Ross & Russ on Radio 3AW Melbourne previewing Tuesday’s interest rate decision from the RBA:
LVO’s interview with ABC Radio Brisbane discusses the RBA’s Tuesday 0.25% rate hike and the outlook:
LVO’s interview with Jason Matthews at Radio 4BC Brisbane discusses the fallout from the RBA’s rate hikes for Australian households:
LVO’s interview with Tom Elliott at Radio 3AW discusses the parlous state of the Victorian budget:
