Weekend reading and MB media appearances

International Reading:

• Poll: 81% of young Americans say economy is bad – MS.now
• A Boomer Is Astonished That Younger Generations Spend Half Their Income On Rent And Housing. ‘We Would Be Up In Arms!’ – Yahoo
• Deadly Screwworm Parasite Found in US Threatens Cattle Herd – Bloomberg
• US restaurants add mandatory tips to bills before foreign visitors arrive for World Cup – Independent
• Firing federal workers just got easier. Trump EO targets 8,000 workers – USA Today
• Trump to Unveil $700 Million Coal Support Plan Using Emergency Powers – US news
• A New Infrastructure Race Is Emerging Across Crypto – Investing
• Long-term unemployment is surging in the U.S., costing workers and the economy – CNBC
• Oil industry warns Trump administration of price spikes within weeks – Politico
• Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy – CNBC
• US Strategic Petroleum Reserve on pace to hit lowest level since the early 1980s later this month – Yahoo
• May jobs report expected to show growth in an economy squeezed by inflation – NBC News

Local Reading:

• AI giant chooses Australia’s first 100 pct (net) renewable grid to build country’s biggest data centre – Renew Economy
• China warns Australia that 55 per cent beef quota could apply within days – ABC
• Fuel price expected to rise after government’s excise cuts end on June 30 – ABC
• Government accused of misleading public on NDIS cuts in heated Senate hearing – ABC
• Qantas weighs order for 20 Boeing or Airbus wide-body jets, sources say – MSN
• Frustration over approach to dealing with Indian myna driving grassroots action – ABC
• Are we being misled about NDIS fraud? Yes, we are. – The Point
• Albanese calls Taylor ‘Temu Abbott’ as bitter fight rages over budget tax changes – The Guardian
• RBA not concerned about stagflation or wage-price spiral – ABC
• ABS estimates 80pc of tobacco consumed in Australia last year was illegally sourced – ABC
• Liberals mull Greens alliance to kill off tax changes – New Daily
• Australia faces proposed 12.5pc US tariff over forced labour crackdown – ABC
• The $450 million fuel fund labelled by Labour as a ‘slush fund’ – Interest.co.nz
• Building industry caught between rising costs and lower volumes of work – Interest.co.nz

MB Media Appearances:

Last week’s Macro & the Mortgage Podcast with Catherine Cashmore from Landcycle Investor

This Treasury of Common Sense on Radio 2GB/4BC explained the energy catastrophe facing Australia

This interview with Sean Murphy at ABC Upper Hunter unpacks the regional swing towards One Nation and their overall loss of political representation.

This interview with Phil O’Neil at Radio 2GB/4BC discusses the March quarter national accounts from the ABS.