Weekend reading and MB media appearances

International Reading:

• ‘Go Out and Buy a Dell’: Trump Touted 20+ Corporations Days After Buying Their Stock – Common Dreams
• Oil companies are making billions. In the U.S., calls to tax their windfall are growing – NPR
• America pays workers just 27% of what its wealth allows — the worst in the OECD – Fortune
• Trump has tried to decouple from China, but ending U.S. reliance on the country would cost America nearly $14 trillion, EY warns – Fortune
• The Daily Crime Report: Kalshi flags suspicious Trump speech trades linked to teleprompter operator – The Hill
• San Francisco has seen wealth tsunamis before. The AI boom is different. – Business Insider
• Ranking of 10 Worst States to Live Is Entirely Republican, Sparks Backlash – News Week
• Foreclosure filings surged 21% this year. Here are the states where they are rising fastest. – CBS News
• Trump Touts Plan To Replace Undocumented Truck Drivers With ‘Proud American Veterans’ – Yahoo
• Jamie Dimon says he understands anti-rich anger over wealth inequality – Fox Business
• New York Fed President Williams says inflation has peaked, rates ‘well positioned’ – CNBC
• Truth Social to sell Wall Street firms the ‘fastest’ access to Trump’s posts – NBC News

Local Reading:

• Dave Hughes Urged To Start Negatively Gearing The Rental Property That Albo Is Occupying In His Head – Betoota Advocate
• ‘We are waiting with bated breath’: Super El Niño forecast could make 2027 hottest year on record, BoM says – The Guardian
• Multiple sclerosis patients given PBS lifeline amid drug pricing dispute – ABC
• Batteries ‘cheaper’ than gas plants as data centres fuel turbine costs – ABC
• Tech giants offered $500k in gifts to public servants – ACS
• Don’t be fooled, Albanese’s ‘AI investment’ won’t create mass jobs – Greg Jericho
• BHP staff down tools as landmark strike begins in Port Hedland – ABC
• While home ownership rates in some states are improving, one state is a clear outlier for unaffordable housing – ABC
• Patient records stolen in cyber-attack on Australian healthcare provider. – The Guardian
• Rents remain flat in the biggest urban centres, with some growth in other regions – Interest.co.nz
• The mother of all economic shocks is Chinese mercantilism – Interest.co.nz
• Average asking prices on Trade Me property down by more than $60,000 from their summer peak – Interest.co.nz
• Latest increase in the OCR likely to have a relatively modest impact on borrowers – Interest.co.nz

MB Media Appearances:

This interview with Sean Murphy at ABC Radio scrutinises the Parliamentary Budget Office’s (PBO) latest analysis, which suggests massive fiscal benefits from high immigration.