International Reading:
- Cops Are Freaking Out About Luigi Mangione Inspiring CEO Killings – The Intercept
- Trump demands eye-popping amount from taxpayers to fund Iran war as Pentagon’s weapons stockpile quickly vanishes – Daily Mail
- US economy grew 2.1% in Q1 as final revision beats expectations – Fox Business
- Inflation hits 4.1 percent in May, highest level in 3 years – The Hill
- The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting – Fortune
- US renters call for action to combat surge of ‘take it or leave it’ apartment fees – The Guardian
- Millions lose food stamps under Trump cuts. Arizona is hardest hit – Reuters
- Eliminating Social Security payroll tax cap would keep program solvent, U.S. senators say – Triblive
- Why Micron’s blowout earnings are a headache for Apple. – Yahoo
- US first-quarter GDP revised sharply higher; but consumer spending nearly stalls – Reuters
- The Data-Center Boom Is Sparking a Third Wave of Inflation – WSJ
- Elon Musk loses his trillionaire status – The Times
- What is China’s SpaceSail, and could it rival Elon Musk’s Starlink? – The Guardian
Local Reading:
- Today show host Karl Stefanovic to leave Channel Nine, network confirms – ABC
- HeCS style scheme to means test transfer payments could save $21b – News
- Federal government’s CGT, negative gearing changes pass parliament – Capital Brief
- Class action claims women were raped and stalked at remote Fortescue mines – ABC
- Karl Stefanovic pulls out of Friday ARN radio show as backlash over interview with extremist activist spreads – The Nightly
- Australian property market downturn: Sydney and Melbourne house prices plunge in severe collapse – News
- Teals Allegra Spender and Zali Steggall form new political party Community Strong Australia – ABC
- Caps are coming for domestic uni places, but the government also wants to grow student numbers. Can this work? – The Conversation
- Australia ‘sleepwalking’ into AI crisis and ‘tech bro free-for-all’, says Greens senator – The Guardian
- Robodebt: Australia’s biggest class action settlement approved – Nine.com.au
- Auditor-general slams management of Snowy 2.0 as more delays loom and project costs blow out – Renew Economy
MB Media Appearances:
This interview with Andrew Bolt at Sky News discusses the latest inflation result, Treasurer Jim Chalmers’ spin, and what it means for interest rates.
This extended interview with Martin North at Digital Finance Analytics unpacks the latest developments in the Australian property market and the economy, as well as the major political and economic drivers.
Treasury of Common Sense with Luke Grant at Radio 2GB/4BC analyses the latest migration data, contrasting it with Canada’s, as well as the radical left’s self-defeating tirade against Pauline Hanson.
Last week’s Macro & the Mortgage Podcast with Catherine Cashmore from Landcycle Investor:
This interview with Ben Fordham on Radio 2GB discusses this week’s Q4 immigration data from the ABS as well as the government’s partial backdown on capital gains taxes.
