International Reads:
- US Mortgage Rates Tumble to 6.55% in Biggest Drop in Two Years – Yahoo
- 40% of Americans Now Worry They Can’t Pay Their Bills – Franknez
- The mystery of Argentina’s gold: Milei admits that it was transferred abroad, without specifying the quantities or destination – Elpais
- Dell reportedly cuts over 12,000 jobs as it seeks to ‘streamline’ its structure and boost profitability: an estimated 10% of its workforce. – Toms Hardware
- GOP Budget Plans Spotlight Party’s Top Priority – Common Dreams
- Airbnb shares drop 12% as company flags weakening US demand – The Guardian
- Billionaire former Glencore oil trader charged with corruption in West Africa – The Guardian
- Clean energy tax breaks more popular than expected, as U.S. households claimed $8.4 billion in Inflation Reduction Act credits for 2023, officials say – CNBC
- Delta passengers sue airline over refunds amid Crowdstrike outage fallout – Axios
- Warren Buffett now holds more U.S. Treasury bills than the Federal Reserve – Quartz
- Axios announced it’s laying off 10% of staff in a ‘cringe’ branded memo. That’s not the worst part – Fast Company
- The stock market rallied, but the economy isn’t out of the woods yet – MSNBC
Local Reads:
- Secure Parking fined $10.9 million after Federal Court finds company misled customers with ‘Secure-a-Spot’ service for five years – ABC
- Fresh warning for Australian travellers as violent riots rock the UK – SBS
- Former Qantas chief executive Alan Joyce’s multi-million-dollar payout reduced by almost $10 million – ABC
- I studied how rumours and misleading information spread on X during the Voice referendum. The results paint a worrying picture – The Conversation
- Sydney developer launches court fight to evict low-income renters to build four luxury apartments – ABC
- Survey data finds many recent migrants don’t fully understand Australia’s political system – ABC
- Government to fund pay rise for early childhood educators – as long as childcare centres limit fee increases – ABC
- Albanese government to fund 15% pay rise for childcare workforce, with a condition – The Conversation
- Inflation expectations all decrease markedly and converge on the RBNZ’s explicit 2% target – Interest.co.nz
- Savers are getting lower in the water – Interest.co.nz
- The labour market has softened, not collapsed – Interest.co.nz
- CoreLogic sees an increasing number of residential properties selling at a loss – Interest.co.nz
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MB Media Appearances and Videos:
Australia’s rental crisis to become permanent
The unbelievable economic lies of Anthony Albanese
Australia’s “burnout economy” blows head gasket
RBA declares war on government over inflation
