International Reads:
- Elon Musk insists Tesla isn’t a car company as sales falter – Yahoo
- The Chips Act has been surprisingly successful so far – FT
- The economy seems weaker than advertised, and inflation is still running hot—it’s the ‘worst of both worlds’ – Fortune
- CNBC: Many large U.S. cities are in deep financial trouble. Here’s why – CNBC
- 8% mortgage rates are coming, expert warns – Credit News
- GDP: US economy grows at 1.6% annual pace in first quarter, falling short of estimates – Yahoo
- Baby boomers are fearful of soaring costs for food and housing – Fortune
- JPMorgan’s Jamie Dimon can’t shake the worry America is headed for a repeat of 1970s-style stagflation—and national debt may be to blame – Fortune
- Dow sinks 680 points after GDP report shows a slowing economy amid stubborn inflation – CNN
- US White-Collar Job Growth Stalls, Even in Pandemic Boomtowns – Bloomberg
- US economic growth slows but inflation grows – BBC
- A new reality of 7% mortgage rates could be setting in, top economist says – Fortune
Local Reads:
- Atlassian Co-CEO Mike Farquhar Resigns, Leaving Mike Cannon-Brookes as Sole Chief – Bloomberg
- Eureka Villages increases rents on aged and disability pensioners, despite regulator finding them to be unreasonable – ABC
- Australia’s skilled mechanics shortage forcing insurers to write off electric vehicles after minor accidents – The Guardian
- Woolworths fined $1.2 million for underpaying Victorian workers’ long service leave – ABC
- Nationals threaten to tear up wind and solar contracts as nuclear misinformation swings polls – Renew Economy
- HECS Debts Confirmed To Jump 4.8% & There’s Already Calls For Albo To Do Something TF About It – Pedestrian TV
- ‘Unattainable’: Sydney’s median house price hits record high of $1.6 million – The SMH
- HECS indexation is expected to be 4.7 per cent. Check how much extra you could be paying with our calculator – ABC
- Gas Pipeline with No Gas – Chinese and Singapore tax dodgers leave the public with elephantine bill – Michael West – Michael West
MB Media Appearances:
An interview with Luke Grant at Radio 2GB, in which I discussed the latest migration numbers and Anthony Albanese’s “Future Made” manufacturing boondoggle.
Advertisement
A Monday night interview with Sky News’ Danica De Giorgio:
In the below interview with Radio 2GB’s Clinton Maynard, I explain how the federal government captures the gains from immigration while pushing the cost onto the states and residents.
I argue that the federal government should be required to provide the states with funding for every resident that settles in their jurisdiction to help pay for their infrastructure and service costs.
Advertisement
