International Reads:
- Millennials have been priced out of buying homes, and are venting that they can’t afford rent either – Business Insider
- Many Americans Believe the Economy Is Rigged – NY Times
- Credit cards are charging more ‘excess’ interest than ever, consumer watchdog says – NBC News
- Americans are facing a credit card debt crisis – Business Insider
- Forget private developers—cities and states could just build their own housing to solve the crisis. In New York, now there’s a bill to do it. – In These Times
- The cost of interest on U.S. debt is soaring – Axios
- Russia has managed to skirt many of the West’s sanctions, but they still come at a cost to Putin: economist – Business Insider
- Rivian Stock Plummets 15% After Layoffs Announced – Forbes
- Bank of America CEO on mortgage rates at 7%, inflation, wage hikes – Fortune
- China circumvents US tariffs by shipping more goods via Mexico. – FT
Local Reads:
- Taylor Swift fans angry as Airbnb hosts cancel bookings at last minute ahead of Sydney concerts – ABC
- Working from home could become a legal right for millions of Australian workers – News.com.au
- Appin residents say protest signs against Walker Corporation’s housing development removed on its instruction – ABC
- Northern beaches, Byron Bay to bear the brunt of worsening disasters – The SMH
- Five private schools spent as much on new facilities in one year as 3,000 Australian public schools – The Guardian
- Apple warns Australian proposal to force tech companies to scan cloud services could lead to mass surveillance – The Guardian
- Alan Kohler: The problem with Australian politics? Both sides agree about everything – New Daily
- Working from home is producing economic benefits return-to-office rules would quash – ABC
- Outgoing ATO boss says getting rid of work-related tax deductions would be a ‘big step’ – ABC
- Falls in house prices at the bottom of the market good news for first home buyers – Interest.co.nz
- Greater focus on infrastructure maintenance required, Infrastructure Commission says – Interest.co.nz
- A late inflation stinger for the RBNZ ahead of its next Official Cash Rate decision – Interest.co.nz
MB Media Appearances:
Interview with Luke Grant from Radio 2GB where we discuss the sharp deterioration of Australia’s labour market and housing affordability, both of which are being negatively impacted by the federal government’s mass immigration policy.
Part one of a long form interview with David Flint on ADHTV where I pick apart the latest report from the NSW Productivity Commission blaming a ‘lack of supply’ for Sydney’s housing crisis.
Part two of a long form interview with David Flint on ADH TV where I explain how the states are being burdened by record levels of net overseas migration. And why they should tell Canberra “no more”.
Interview with Sky News’ Danica De Giorgio discusses cost of living, international students and Taylor Swift.
The Treasury of Common Sense with Radio 2GB’s Mike Jeffreys discusses why the Greens advocacy for higher levels of immigration runs counter to the party’s faux concerns over the environment, ‘net zero’, and housing affordability.
We also discuss how Australia has experienced the biggest collapse in living standards in the world.
DLS interviewed by ABC Brisbane’s Steve Austin where he slams the Australian Competition Tribunal’s decision to unwind the ACCC’s block on the sale of Suncorp Bank to ANZ.
DL-S at News.com.au for more on the ANZ/Suncorp screw-up.