International Reads:
- The salary you need to be considered middle class in every U.S. state—it’s close to $200,000 in 2 of them – CNBC
- Billionaire investor Ray Dalio warns U.S. is ‘on the brink’ and estimates a more than one in three chance of civil war – Fortune
- Trump pledges to scrap offshore wind projects on ‘day one’ of presidency. – The Guardian
- America’s 806 Billionaires Are Now Richer Than Half the Population Combined—a Lot Richer – Mother Jones
- Reddit soars after announcing OpenAI deal that allows use of its data for training AI models – CNBC
- Under Armour is laying off workers as retailer says North America sales will plunge this year – CNBC
- Dow Jones hits record-high 40,000 points – PBS
- As bad as you may think the economy is now, it’s nowhere near the 1970s – CNN
- In a milestone, the US exceeds 5 million solar installations – Elektrek
- Polish Left goes after real-estate flippers – Polskie radio
- China Sells Record Sum of US Debt Amid Signs of Diversification – Bloomberg
- 1 in 3 Millennials and Gen Zers believe they could become homeless – Credit News
- Dow Jones Industrial Average hits 40,000 amid renewed hopes for U.S. economy – NBC News
- Biden cites erroneous inflation statistic to make his case about the economy – AP News
Local Reads:
- Fuel-guzzling ‘Yank Tanks’ face a costly future in Australia after new vehicle emissions changes approved – News.com.au
- Peter Dutton and Bill Shorten clash on TV over budget reply plan to ban foreign homebuyers – The Guardian
- Dutton calls to slash permanent migration program and international student numbers – ABC
- Consumer groups criticise energy companies charging solar panel owners for exporting power – The Guardian
- Australians have lost 14 years of progress on living standards – The Guardian
- Fire management in Victoria amounts to de facto native logging industry, conservationists say – The Guardian
- Two-thirds of us support banning pet cats from roaming. A ban would save millions of native animals – and billions of dollars – The Conversation
- How a long-lost fish species was brought back to Bendigo – The Conversation
- NSW premier demotes Labor MP following criticism of police’s treatment of Palestinian demonstration – ABC
- Australian government investigating ‘large-scale ransomware’ data breach of unnamed health organisation – ABC
- Climate change impact won’t play into coal, gas approvals after major court blow for environmentalists – ABC
- A food industry heavyweight says Australians are ‘profit shaming’ a sector in crisis. Does that stack up? – The Guardian
- Overhang of unsold residential properties at a nine year high heading into winter – Interest.co.nz
- The Reserve Bank’s new DTI limits will have nothing to do – at least initially – Interest.co.nz
- More than 10% of residential property sales in Auckland are making a loss – Interest.co.nz
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MB Media Appearances:
Federal budget band aids over policy failures:
A budget of lies and distractions:
The inflation dragon has been slain:
Australia’s jobs market is ‘cruising for a bruising’ (Interview with ABC Radio Brisbane):
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