The call has gone out for a PM willing to break with the US – but Albanese shows no sign it will be him | Tom McIlroy Amid the growing clamour of voices warning America is no longer a reliable ally, Labor leaders seem determined to stick to the old lines

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Good column from @tommcilroy.bsky.social

The audacity of mope Why pessimism persists in an improving world

The audacity of mope on.ft.com/47voU3X | opinion

Australian households are spending more – and it’s helping the economy regain some momentum After two years of weak economic growth, there are signs of a recovery in household consumption – though productivity remains a soft spot

Consumers are helping drive some momentum in the economy after a very soft start to the year. Cost of living pressures are not as intense, helped by falling interest rates, and real incomes are on the rise.
@australia.theguardian.com
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Australians obsessed with interest rates because ‘there is not enough else to talk about’, former RBA governor says Glenn Stevens tells Reserve Bank historian: ‘We’ve got a lot of media capacity and not enough real news to fill it’

What do you think? Are we obsessed with interest rates because we have nothing else to talk about? My story in @australia.theguardian.com
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