International Reads:
- Jerome Powell has had it with the 1970s talk, saying he doesn’t see the ‘stag’ or the ‘-flation’ investors are worried about – Fortune
- The surprising reason few Americans are getting chips jobs now. – Washington Post
- Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming. – WSJ
- Media outlets are blaring about nonexistent “stagflation.” – Media Matters
- Russia’s Gazprom Group (state-controlled gas giant) Reports First Net Loss in 24 Years – Yahoo
- Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s – CNBC
- Russia’s economy on course to hit historic low – News Week
- Why hundreds of U.S. banks may be at risk of failure – CNBC
- Brexit means Poles will be richer than Britons in five years, says Polish prime minister Donald Tusk – Telegraph
- What the National Shortage of Construction Workers Means for the US – Business Insider
- Nobel Prize-winning economist Joseph Stiglitz: Fed rate hikes didn’t get at source of inflation – CNBC
Local Reads:
- Australia’s housing crisis to worsen with ‘significant shortfall in supply’, Labor’s expert council says – The Guardian
- Another Sydney music festival calls it quits, blaming 529% increase in costs – The SMH
- ‘New energy’ apprentice payment broadened to include EV skills and traditional tradies willing to pick up green tools – ABC
- Perth residents question use of groundwater for Coca-Cola bottled water amid record low rainfall – ABC
- NSW club patrons advised to replace ID documents after leak of more than a million records – The Guardian
- Tenants enduring shoddy home repairs as DIY trend leads to ‘landlord specials’ – ABC
- More than 90% of marine animals caught in NSW shark nets over summer were non-target species – The Guardian
- Macquarie Bank to go completely cashless this month – News.com.au
- Adani mine could be ‘causing environmental harm’ at protected springs, say Queensland government officials in court case – ABC
- Climate risks ignored in National Defence Strategy, former defence chief says – ABC
- Value of residential consents issued in March down by $491 million year-on-year – Interest.co.nz
- Vendors with unsold properties will face some difficult decisions heading into winter – Interest.co.nz
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MB Media Appearances:
Australia’s education migration scam:
Australia flooded with temporary migrants:
RBA won’t hike rates into consumer recession:
Australian households left financially ruined:
DLS at News.com.au hosing rate hikes.