Weekend reading & MB media appearances
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International Reading:
- Burned out and going nowhere: the American worker is too mentally drained to even look for a new job – Fortune
- Banks swipe 42,000 homes from struggling Americans in just one month as housing crisis deepens – Daily Mail
- U.S. Foreclosure Filings Spike 18%: Delaware, South Carolina, and Florida Top the List – Realtor
- Top economist says $39 trillion national debt leaves government worse prepared for recession than ever – Fortune
- ‘Everyone is unhappy’: Meta employees describe a grim environment as the company reportedly prepares to axe roughly 8,000 workers – AOL
- Meta’s New Reality: Record High Profits. Record Low Morale – Wired
- Republicans vote to dilute gas as prices rise above $4.50 – News Week
- Donald Trump allies spent $29M to destroy his most hated enemy – and it’s backfiring – Rabapost
- War, inflation and Trump’s tariffs have shaken the US. Why does the stock market keep going up? – The Guardian
- Most Americans expect their savings to run out by 79 — years before they die — and many boomers are unprepared – Yahoo
- Trump ethics filing reveals thousands of trades tied to U.S. stocks – NBC News
- Air India losses widen to over US$2 billion amid geopolitical disruptions – Channel News Asia
- Nuclear Power Plants Far More Popular Than AI Data Centers For Local Areas – Forbes
- Tech companies tap debt markets to fund AI and cloud expansion – CTV News
Local Reading:
- Appeals court upholds discrimination ruling after transgender woman excluded from Giggle for Girls app – ABC news
- Burke announces neo-Nazis now listed as a prohibited hate group – ABC
- Coalition will repeal Labor’s property tax changes and spend $22b on income tax cuts – ABC
- ABC boss Hugh Marks flags TV program cuts as broadcaster pivots to new platforms – ABC
- Delta Goodrem makes Eurovision 2026 Grand Finals after performing pop ballad Eclipse – ABC
- Government Shocks The Nation By Using 94 Seat Majority To Actually Have A Crack – Betoota Advocate
- Federal Court rejects northern cattle industry’s appeal over impact of live export ban – ABC
- Angus Taylor denies immigrants will ‘be forced’ to give up anything after budget in reply speech – ABC
- Australian government rejects clean-up deadline for Antarctica’s Wilkes Station – ABC
- Energy Australia’s bid to build 1.4-gigawatt gas-fired power plant at Marulan – ABC
- Jim Chalmers’ budget doesn’t fix everything – but it’s an overdue first payment to future generations | Ken Henry – The Guardian
- Coalition to bar non-citizens from welfare, NDIS under fresh migration policy – ABC
- Number of new factories and industrial buildings being built at record low – Interest.co.nz
- Monthly petrol prices up 13% and diesel prices up 37% – Statistics NZ – Interest.co.nz
- Where are interest rates heading? – Interest.co.nz
- Is the rise of the Australian right relevant to NZ? – Interest.co.nz
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MB Media Appearances:
LVO with Clive Palmer on the Karl Stevanovic Show:
Last week’s Macro and the Mortgage Podcast with Catherine Cashmore:
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Post-Budget podcast with Damien Klassen at Nucleus Wealth:
Treasury of Common Sense with Luke Grant at Radio 2GB:
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Interview with Mike Jeffreys at Radio 2GB/4BC:
Interview with Chris Kenny from Sky News:
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Interview with ABC Radio Brisbane:
Interview with Jason Matthews on Radio 4BC Brisbane:
Interview with Sean Murray at ABC Upper Hunter:
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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