Weekend reading and media appearances
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International Reading:
- Kevin O’Leary blasts health insurance execs for hiring security guards instead of listening to Americans’ ‘frustration’ – Yahoo
- Apple agrees to pay $95 million to settle lawsuit alleging Siri eavesdrops—some customers eligible for pay – Fortune
- Mortgage demand dives nearly 22% to end 2024 – CNBC
- Famously Generous Company Gifts Employees Nearly 2 Years Worth of Pay as New Year’s Bonus – Latin Times
- US credit card defaults soar to highest level in 14 years – NY Post
- European gas prices soar after Russian gas flow via Ukraine stops – Euro News
- Economists are already worried Trump’s ‘Maganomics’ will hurt growth in 2025 – Fortune
- An annual reminder from the Wall Street Journal that Americans need to skip breakfast to survive financially. – WSJ
- 79% of Americans feel burned out as they put most vacation time toward errands, doctor visits, and family care – Fortune
- China’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown, report says – Fortune
- Treasury’s sanctions office hacked by Chinese government, officials say – Washington Post
- Average 30-year mortgage rate hits 6.91%, Freddie Mac says, the highest since July – ABC
- AI-Driven Health Care Is Turning Us Into Numbers on a Spreadsheet – Vanity Fair
Local Reading:
- We’re becoming a nation of prudes, our nude beaches shut by the nanny state – The SMH
- Australian airlines more delayed than foreign competitors, but government decides not to nudge laws – The Guardian
- Academics say China studies sector in ‘crisis’ amid a funding shortage and ‘climate of fear’ – ABC
- Clive Palmer seeks trademark on raft of terms relating to ‘teal’ for political and advertising usage – The Nightly
- Victoria loses almost 25,000 rentals as investor sell-off heats up – ABC
- Australian property prices fall for the first time in two years – The Guardian
- Independent review of Hobart’s proposed Macquarie Point stadium flags ‘mismanagement’ and $1.1 billion cost – ABC
- How having a baby makes it more likely Australian couples rely on the man’s income – The Conversation
- Heatwave looms as BOM confirms 2024 was second-hottest year on record – ABC
- Cabinet papers reveal we are living rerun of unfixed problems – New Daily
- Median dwelling values down for ten consecutive months – Interest.co.nz
- New car sales at nine year low for a December month – Interest.co.nz
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MB Media Appearances:
Gravity catches up with Australian house prices
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Saturday extra
Dr Liz Allen clearly maps the Population Ponzi for us

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And people wonder why Australians are angry with immigration volumes…….
About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.