This week’s must-watch video:
The Events That Caused World War II Are Now In Motion Again (nobody believed it then either)
International reading:
- Tanking economy spurs stunning conclusion from analyst: Trump’s doing it ‘deliberately’ – Raw Story
- Economists Who Weren’t Worried About the Debt Are Now Panicking – The Atlantic
- Gen Z spending more on coffee and travel in sign of ‘little treat economy’ – News Week
- Micron, the trillion-dollar memory company, refused to replace a crucial drive for current market value until Reddit got mad – PC Gamer
- Republican Healthcare: ‘Work Hard Until You Die’ – Washington Current
- Bill Gates wants to tax robots to deter businesses from replacing humans with machines. – Yahoo
- Bill Gates issues stark warning about AI’s impact on American jobs – CBS
- Canada is Spending Billions to Help its Workers Survive Our Tariffs: When Trump’s tariffs drove blue-collar job cuts across America, his White House didn’t lift a finger to help. – Mother Jones
- US corporate profits jumped 9.1% in a quarter the economy grew 1.5% — where the gap actually came from – Market Chacha
- Fact-checking the White House statement of facts about Canada – CBC
- Elon Musk Says We’re ‘1000% Going to Go Bankrupt’ Without Al and Robots — ‘We’re Totally Screwed’ as Interest on National Debt Tops $1 Trillion – Bar Chart
- Trump’s Trade War With Canada Could Spell Disaster For Senate Republican Candidates – Huff Post
- US wages plummet to 43% of national income — lowest since the Great Depression. – Yahoo
- Apollo chief economist says ‘China Shock 2.0 is here’ as new wave of Chinese technology floods global markets—and it’s bad news for American companies. – Yahoo
- Wiped out: US faces surging toilet paper prices amid trade war with Canada – The Guardian
- U.S. economy expanded at sluggish 1.5% pace in second quarter, on par with earlier estimate – PBS
- Nobody Wants Anthropic’s Best AI Model Anymore Now That There Are Way Cheaper Alternatives – Futurism
- JPMorgan warns a global food crisis could hit next year, and unlike oil, there’s no backup plan for fertilizer – Yahoo
Local Reading:
- Push for import ban on ‘pervert’ smart glasses amid privacy concerns – ABC
- ALDI named Australia’s best supermarket for ninth consecutive year – Retail World Magazine
- Dozens of Australians believed to be among hundreds of people missing in Nepal flash floods – The Guardian
- CFMEU administrator says union had ‘no choice’ but to work with companies linked to organised crime – ABC
- Allianz tech ‘transformation’ exposed as offshoring drive – IT News
- ASIC warns of ‘first significant cracks’ in Australian private credit – ABC
- Albanese backs down on states powering AI datacentres using renewable energy – The Guardian
- Australia may face a rush of datacentre construction as AI firms look to avoid upcoming rules, experts say – The Guardian
- Upcoming fuel excise increase off the table, Labour rules out increase for three years – Interest.co.nz
- Growth of low equity mortgage approvals to first home buyers continues – Interest.co.nz
- Major reform needed for ‘rudderless’ ETS ‘heading for the rocks’ – Interest.co.nz
- New mortgage commitments dropped 7% to $7.9 billion in July – Interest.co.nz
- Falling house prices outpace rising mortgage rates at the lower end of the market – Interest.co.nz
MB Media Appearances:
This Treasury of Common Sense with Luke Grant at Radio 2GB/4BC explained why immigration is the wrong policy for solving labour shortages. The best solution is to utilise our mature-age workforce better.
In this interview with Chris Kenny from News24, I discuss immigration numbers and whether One Nation’s target of 130,000 is achievable.
This interview with Ross and Russ on Radio 3AW unpacks Victorian Premier Ben Carroll’s claim that he will reduce the cost of the Suburban Rail Loop by $2 billion.
This interview with Peta Credlin on News 24 unpacks Australia’s energy debacle and the boondoggle that is the Victorian Suburban Rail Loop.
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.
