International Reading:
- Days before the national debt is due to hit $39 trillion, President Trump didn’t mention it once during the longest State of the Union ever – Fortune
- If AI Causes an Office Job Wipeout, It’ll Cause Huge Problems for Blue Collar Work Too – Futurism
- Trump Administration Provides Biggest Illegal Tax Cuts Yet for Billion-Dollar Corporations – ITEP
- In less than a year, Trump erased 12 years of solvency for the trust fund that pays for Medicare Part A – Fortune
- New York calls for $13.5 billion tariff refund from Trump administration – Reuters
- The housing market has been brutal for millennials. So why are first-time homebuyers getting younger? – Business Insider
- Trump announces 401(k) for all: “We will match your contribution with up to $1,000 each year” – Fortune
- The Only Time In History A Normal Job Made You Rich – 9 Gag
- Polls indicate consumers aren’t convinced economy is ‘roaring’ – QZ
- ‘Big Four’ meatpackers under fire as beef prices soar – The Guardian
- IMF: US Inflation Won’t Hit Fed Target Until 2027, Delaying Rate Cuts – Being Crypto
- Co-Author of Viral Citrini AI Report Calls for New Tax Code To Address AI Windfalls and American Job Losses – Capital AI Daily
- Why prices won’t drop after the Trump tariff ruling, according to economists. – NPR
- Trump’s factory boom isn’t what it looks like – Politico
- Jobs, gas prices and ending wars: factchecking Trump’s State of the Union claims – The Guardian
Local Reading:
- US beef officially re-enters Australia, after 23-year absence – Beef Central
- Labor’s parliament expansion plans could introduce 40 more MPs – The SMH
- ‘Leave now’: Tense scenes after AI job cuts at Aussie tech company WiseTech – News.com.au
- Signs of psychosis seen in Australian users’ interactions with AI chatbots, expert warns – The Guardian
- Tim Wilson retains ‘terrible’ bet against Australian share market that profits when economy slumps – The Guardian
- First home buyer affordability slips further, new real estate report shows – ABC
- Could Canada and Australia form a critical minerals supergroup? – ABC
- RBA governor Michele Bullock calls for patience as rate decisions get harder – ABC
- Victorian public school teachers want a 4-day week trial. What could this mean for schools? – The Conversation
- Australia at risk of ‘supercharged’ harm from unregulated AI, Toby Walsh warns – ABC
- Former New Zealand prime minister Jacinda Ardern moves to Australia – ABC
- ANZ Business Outlook shows inflation pressures continuing to rise – Interest.co.nz
- 3 in 5 lower income households spend at least 40% of money on housing – Interest.co.nz
- Housing market started the year with ‘a fizzle’, ANZ NZ economists say – Interest.co.nz
MB Media Appearances:
My latest podcast with Martin North at Digital Finance Analytics unpacks the reasons for Australia’s declining productivity and living standards, the drivers and impacts of the housing bubble, the likely impact of CGT reform, Australia’s mass migration, and the problems gripping the construction industry.
This interview with Jason Matthews at Radio 4BC discusses the latest inflation data and how Australia’s broken tax system has set the nation up for failure.
Last weekend’s Treasury of Common Sense with Luke Grant at Radio 2GB/4BC explains why Australia’s productivity growth has collapsed and what it means for real wages and living standards.
This interview with Danica DeGiorgio from Sky News discusses the impact of Trump’s 15% tariff on Australia, rumoured reforms to the CGT discount, Australia’s tradie and housing shortages, and the decline in real wages.
