International Reading:
- ‘Trump Is Manipulating The Market’: President Hyping Companies After Buying Stock – Substack
- Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year – Fortune
- Trump labeled ‘most corrupt president in American history’ after IRS settlement – The Mirror
- MAGA grifters & insurrectionists line up for a piece of Trump’s $1.8 billion ‘slush fund’ – Advocate
- CEO who coldly vowed to replace ‘lower-value human capital’ with AI has been forced to walk back remarks after fierce backlash – Daily Mail
- Trump Is the High-Prices President – Reason
- Iran and Oman are discussing a permanent Strait of Hormuz toll – Investing
- SpaceX IPO Filing Shows Just How Much Elon Musk Is Losing On Artificial Intelligence – Huff Post
- Beef prices are soaring — and so is America’s protein obsession – Business Insider
- Pay transparency is exposing a bigger problem: Most companies can’t explain why they pay what they pay – Fortune
- The $5.02 ghost: Trump’s team faces a symbolic blow to one of its favorite economic talking points – Politico
Local Reading:
- ‘Australia doesn’t have a rail network – we’ve got 17 networks in a trench coat’ – Rail Express
- MPs urged to ignore fearmongering and pass Labor’s ‘long overdue’ negative gearing and CGT changes – The Guardian
- One Nation’s rapid national expansion in disarray as ‘significant risks’ force dissolution of new branches – The Guardian
- Flotilla of Luxury Yachts Assembles off Kirribilli To Protest “Crippling” Capital Gains Tax Changes – The Shovel (satire)
- NDIS integrity inquiry hears raft of alarming claims and calls for greater whistleblower protections – ABC
- Elon Musk’s X Corp admits it contravened Australian child protection request in Federal Court hearing – ABC
- Australia backs landmark UN climate change ruling as others try to block it – ABC
- ‘Marginal change’: Keating lashes Coalition, John Howard and startup sector over CGT claims – The Guardian
- BOM winter forecast predicts unusually warm season as El Niño increasingly likely – ABC
- More than 34,000 overseas students are ‘dependents of a worker’ – Interest.co.nz
- Inflation and the Strait of Hormuz – Interest.co.nz
- Hiring demand continues to climb, Seek says, with demand for AI skills growing ‘rapidly’ – Interest.co.nz
MB Media Appearances:
This interview with Mark Bouris unpacks the federal budget:
This interview with Jason Matthews at Radio 4BC Brisbane discusses the implications of Thursday’s jobs shocker from the Australian Bureau of Statistics, which saw the unemployment rate jump.
Last week’s Macro and the Mortgage podcast with Catherine Cashmore from Landcycle Investor:
This interview with Luke Grant at Radio 2GB/4BC discusses the fallout from last week’s federal budget.
Another dissection of the federal budget, this time with Mike Jeffreys at Radio 2GB/4BC.
This week’s extended interview with Martin North at Digital Finance Analytics:
This interview with Phil O’Neil at Radio 2GB/4BC debunks claims that rents will soar following the federal budget’s negative gearing and CGT changes. It also identifies the real culprit: mass migration.
