The Two Jacks - Episode 162 - Missiles, Monoculture & a Mandatory Sell-Off: One Nation's Housing Bomb

The Two Jacks - Episode 162 - Missiles, Monoculture & a Mandatory Sell-Off: One Nation's Housing Bomb

June 25, 2026 · 1h 38m

About this episode

Episode 162 discusses a range of domestic and international news including property markets, political changes, and defense issues.

This weeks AI slop is brought to you by GLM 5.1 - a weird model I have never heard of before. Funnily enough, it kinda all sounds the same at this point. Still, half decent job I think. Episode 162 covers a sweeping range of domestic and international news. The budget has cleared the Senate with Greens amendments on NDIS oversight and the blocking of superannuation for housing purchases, while the opposition fumbles its response. Property markets are feeling the chill, with auction clearance rates down and investors spooked by negative gearing changes. In the UK, Keir Starmer has resigned after a failed premiership -- described by one BBC journalist as someone utterly disinterested in the basic skills of leadership -- and Andy Burnham looks set to take over, with market jitters already building around the prospect of Ed Miliband as Chancellor. The Iran memorandum of understanding gets a sceptical examination: it is little more than an agreement to talk, bought by a Trump administration desperate for a pre-midterm win. Meanwhile, US missile stockpiles are running critically low, with an $80 billion replenishment request and a $1.5 trillion total defence budget underscoring the…

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