Latest / The Rita Panahi Show / The Rita Panahi Show | 11 August

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The Rita Panahi Show | 11 August · The Rita Panahi Show

0:03
Speaker 1: Starting right now. It's a wheto Panahe Show.
0:09
Speaker 2: Good evening and welcome to the Rita Panahe Show. Coming
0:12
Speaker 2: up tonight. A win for Victoria's business sector as Premier
0:16
Speaker 2: Ben Carol delays the start of the state's work from
0:19
Speaker 2: home policy. My panel will join me to cover the
0:22
Speaker 2: day's top headlines. AFL great turned successful fund manager Chris
0:26
Speaker 2: Jard will join me on the desk to speak about
0:29
Speaker 2: investors changing their strategies amid the government's tax hikes.
0:33
Speaker 3: Kosher Gator will.
0:34
Speaker 2: Have the latest from the US, including more disturbing Fauci
0:38
Speaker 2: revelations and Harry and Meghan's newest film project, Cookie Queens
0:44
Speaker 2: crumbles at the box office. Seedy dun Levy will have
0:47
Speaker 2: the latest royal and entertainment news and Left He's Losing
0:51
Speaker 2: It features socialists being socialists.
0:54
Speaker 4: If you do believe in taxing the hell out of millionaires.
0:57
Speaker 3: Yeah, absolutely, Well what is taxing the hell out of
1:00
Speaker 3: them in?
1:02
Speaker 5: Yeah?
1:02
Speaker 3: You know again, I don't have like a solid.
1:04
Speaker 5: But shaving, but shouldn't you?
1:06
Speaker 2: But first, good news for the business sector in Victoria,
1:10
Speaker 2: good news for productivity and common sense, with Premier Ben
1:13
Speaker 2: Carroll announcing he will delay the start of the state's
1:17
Speaker 2: new work from Home policy to July one, twenty twenty seven.
1:21
Speaker 2: The laws were due to come into effect on September one.
1:25
Speaker 2: Premier Carroll said, my door will always be open to
1:28
Speaker 2: the business community. That is why I've delayed these changes,
1:32
Speaker 2: and it's why I'm going to continue to work with
1:35
Speaker 2: the business community and make sure this policy is right.
1:39
Speaker 2: It follows calls from leading business groups to scrap the
1:43
Speaker 2: laws entirely.
1:44
Speaker 3: Property Council of Australia chief executive.
1:47
Speaker 2: My Exorbers warned the bill would put Victoria back into
1:51
Speaker 2: the stone age. Joining me now for more on this
1:54
Speaker 2: is News Corps senior writer Patrick Carlin and One Nation
1:58
Speaker 2: candidate for Southeastern Metropolitan Colleen Hearken. Colleen, this move sets
2:04
Speaker 2: apart Ben Carroll from his predecessors. He said, He's not
2:09
Speaker 2: just into Allen, He's not Dad Andrews. And this is
2:12
Speaker 2: the first meaningful thing he's done to show that.
2:16
Speaker 4: Well, not really, because it's only a delay. I mean,
2:20
Speaker 4: if he was gone.
2:21
Speaker 2: Delay it till after the election, correct, the people get
2:23
Speaker 2: to say, I guess, well.
2:25
Speaker 5: That is true.
2:25
Speaker 4: But also what has to be remembered here is that
2:27
Speaker 4: the Liberal Party we're going to support it with a
2:30
Speaker 4: few very small twists, so you know, it's actually just
2:33
Speaker 4: a delay of what both major parties have said that
2:36
Speaker 4: they would actually support.
2:37
Speaker 2: But isn't that a positive thing? Because this is a
2:42
Speaker 2: popular policy. Patrick, It's an idiotic policy, but it is popular. Mean,
2:48
Speaker 2: who doesn't like working from home in their pajamas with
2:51
Speaker 2: the washing on and just you know.
2:52
Speaker 3: Getting more done.
2:54
Speaker 2: Maybe you're not as productive in your actual paid job,
2:57
Speaker 2: but it makes life a little bit easier. So it
3:01
Speaker 2: was going to be a difficult u turn, but he's
3:04
Speaker 2: made that call.
3:06
Speaker 3: How do you see this look?
3:08
Speaker 6: Go back to the federal election last year. Peter Dutton
3:11
Speaker 6: went a start of the campaign by saying we're going
3:14
Speaker 6: to abolish work from home for public servants. That basically
3:18
Speaker 6: characterized the rest of that campaign. It's shambalic. It is
3:21
Speaker 6: very popular and it's what voters. It sounds like something
3:26
Speaker 6: that voters they think they like it. The problem is
3:29
Speaker 6: it actually doesn't work in reality. You've got four and
3:33
Speaker 6: five businesses who are offering it as it is. It's
3:36
Speaker 6: unnecessary and I think it was cynical. I think Jacinda
3:39
Speaker 6: Allen and 'CRANI thought well, this is going to be
3:41
Speaker 6: popular people think they like it, let's go with it.
3:44
Speaker 2: And if you can do your work from home remotely, Colleen,
3:49
Speaker 2: there's probably someone in another country he could do it
3:52
Speaker 2: remotely a lot cheaper than what you get paid.
3:55
Speaker 3: There's that.
3:56
Speaker 2: And also our CBD is in terrible shape. The office
4:01
Speaker 2: vacancy rate is almost double that of Brisbane. It's considerably
4:05
Speaker 2: high than Sydney. And this would have just made it.
4:08
Speaker 3: Work, it would have made it a lot worse.
4:10
Speaker 4: The other people that we're not really considering here is
4:12
Speaker 4: new to the workforce, people, young people who are not
4:15
Speaker 4: even there yet, who are in need. It's a normal
4:19
Speaker 4: process of life, and your work life is to get
4:21
Speaker 4: some mentoring from people around you and social contact.
4:25
Speaker 3: All the research will.
4:26
Speaker 4: Say that spending too much time alone is a very
4:28
Speaker 4: bad thing for your mental health. So, you know, we
4:30
Speaker 4: have an obligation and a responsibility for young people coming
4:34
Speaker 4: into the workforce to give them the support that they're
4:36
Speaker 4: entitled to. And this kind of environment where we're shutting
4:39
Speaker 4: people down, removing them from each other and not supporting
4:42
Speaker 4: business and business innovation is a long term problem.
4:45
Speaker 2: Well, all the social implications also, I mean, most people
4:49
Speaker 2: still meet their partners at work at work, So if
4:52
Speaker 2: everyone's at home, how's that going to happen?
4:55
Speaker 3: Now?
4:55
Speaker 2: Victorian advocacy group Fix Victoria has taken a a state
5:00
Speaker 2: soaring debt with a new ad campaign.
5:03
Speaker 3: Let's have a quick look.
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Speaker 1: Victoria's tsunami of debt, waste, corruption and overspending is two
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Speaker 1: hundred and twenty nine billion dollars and rising. It's destroying businesses, jobs,
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Speaker 1: stealing resources from our schools, hospitals and police. Without a
5:21
Speaker 1: plan to clean up and pay back the debt, it
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Speaker 1: will smash all we've built and who will have to
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Speaker 1: pay our children?
5:28
Speaker 2: Join us to fix Victoria, Patrick, It's a hard task
5:33
Speaker 2: to get just regular folk caring about the state's debt.
5:37
Speaker 2: It's often just some abstract figure. You don't know how
5:40
Speaker 2: it's going to impact you personally. So to bring this
5:44
Speaker 2: issue home, do you think that's an impactful ad or
5:46
Speaker 2: is it miss the mark?
5:47
Speaker 4: Oh?
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Speaker 6: Look, I think it's dramatic, certainly, and I think what's
5:50
Speaker 6: happening at the moment everyone's struggling with their own personal
5:53
Speaker 6: debt or cost of living, mortgages or whatever. It has
5:59
Speaker 6: been an abstraction, as you put it, But I think
6:01
Speaker 6: in Victoria it's a little bit different because it's now
6:04
Speaker 6: we're coming to realize that that two hundred feet dollars
6:07
Speaker 6: a debt. There's fifteen Von estimated that was spending on
6:11
Speaker 6: corruption with the CFM, MEAU, we suburban rail loop.
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Speaker 3: I don't know how much we've spent on that so far.
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Speaker 6: No one wants that. And you've actually got tangible numbers
6:20
Speaker 6: to put to this abstraction, and I think that makes
6:22
Speaker 6: it slightly different.
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Speaker 2: Yeah, I mean, it's not abstract if you're paying land
6:27
Speaker 2: tax every hour, or if you have been in a
6:30
Speaker 2: hospital recently and seen the state of the health system.
6:33
Speaker 2: But for a lot of people, they think the debt
6:36
Speaker 2: doesn't affect them. Now fix Victoria's head of advocacy, Gideon Rosna,
6:41
Speaker 2: was on Kredlin last night. He told Peter what the
6:44
Speaker 2: group is hoping to achieve.
6:46
Speaker 7: We are holding all the parties to account. We are
6:48
Speaker 7: not working with any party, but we will work with
6:51
Speaker 7: any party, any politician, any public figure with a serious
6:54
Speaker 7: plan to do something about the terrible problems Victoria has,
6:57
Speaker 7: whether it be the debt crisis, whether it be the
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Speaker 7: fact that prime is at the highest record since levels began.
7:03
Speaker 2: Colleen as a former Liberal, turned One Nation candidate. Do
7:08
Speaker 2: you see this group as being aligned with any political
7:10
Speaker 2: party or is it just ABL anyone but Labor.
7:14
Speaker 4: I saw the interview with Kreedlin last night. You know,
7:17
Speaker 4: it's clearly a group of people who are very concerned
7:20
Speaker 4: about the debt and the crime in Victoria.
7:22
Speaker 5: So all power to them.
7:24
Speaker 4: I'm not quite sure what they mean by they will
7:26
Speaker 4: work with any party that wants to help them in
7:28
Speaker 4: that cause. To the issue of the debt, I think
7:31
Speaker 4: that you know, the average person is not really understanding
7:34
Speaker 4: it what a million dollars an hour can do. And
7:37
Speaker 4: so for example, a community hospital, a small community hospital
7:40
Speaker 4: could have been built in about five days with the
7:43
Speaker 4: money that has been wasted. A new major hospital in
7:46
Speaker 4: the city would have been about six weeks. So I
7:49
Speaker 4: think that's the kind of message, chance of very emotive,
7:51
Speaker 4: that it's very powerful from that point of view. I'm
7:53
Speaker 4: not sure yet that it lands in terms of the
7:55
Speaker 4: impact on me as a constituent, but those figures, I mean,
7:59
Speaker 4: the extraordinary waste of money in Victoria has to be stopped.
8:02
Speaker 4: And so you know, if fixed Victoria part of that messaging,
8:06
Speaker 4: great one national fix it.
8:09
Speaker 3: If I can do a plug.
8:10
Speaker 2: There absolutely now this is an issue that I just
8:15
Speaker 2: cannot believe. I can't believe we're even having this discussion,
8:20
Speaker 2: and good on till MP Monique Ryan. You don't hear
8:23
Speaker 2: me say that too often on this program, but she's
8:26
Speaker 2: among one of the very few leftis feminists who's called
8:29
Speaker 2: out Anthony Albinizi. She's asked them to pick up the
8:33
Speaker 2: phone and apologize to Japanese Prime Minister. So nay Takeyachi
8:38
Speaker 2: for making fun of her body, making fun of her breasts.
8:44
Speaker 2: Here she was on nine's Today's Show this morning.
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Speaker 5: I think we can probably expect a bit better.
8:48
Speaker 6: If I was the PM, I'd pick up the phone
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Speaker 6: to the Japanese Prime Minister and apologize to her.
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Speaker 5: On this one.
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Speaker 2: It's rare, rare to see a leftist feminist who even
8:58
Speaker 2: just acknowledges that this happened, and the misogyny here is clear.
9:04
Speaker 2: If Tony Abbott or Scott Morrison had done anything approaching
9:09
Speaker 2: this level of idiocy, you'd never hear the end of it.
9:14
Speaker 2: To reduce a powerful woman, a leader of a country,
9:19
Speaker 2: a world leader, to her bodily parts and mock her.
9:24
Speaker 2: I just cannot believe the Prime Minister would be so foolish,
9:28
Speaker 2: and I think.
9:29
Speaker 4: It goes to the issue also of his ignorance of
9:32
Speaker 4: other cultures. I mean, I lived in Japan for a
9:35
Speaker 4: couple of years, and giving a gift of perfect exquisite
9:40
Speaker 4: fruit is a considered gift.
9:42
Speaker 3: So those melons are worth hundred.
9:45
Speaker 4: Is there extraordinary gifts?
9:46
Speaker 5: Yeah?
9:47
Speaker 4: So to have, in his position of a deploymacy to
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Speaker 4: be totally ignorant or arrogant of that is astounding for
9:54
Speaker 4: a person who holds his position.
9:56
Speaker 2: Well, yeah, even if you believe him, which I don't
9:59
Speaker 2: know how you POSSI could when you look at the
10:01
Speaker 2: footage where he's doing this, when the podcast is mentioning
10:04
Speaker 2: Pamela Anderson, I mean it's clear the innuendo Patrick, and
10:09
Speaker 2: to pretend otherwise is just treating us all like we're idiots.
10:13
Speaker 2: Even if the gift will say, a pencil, and there
10:16
Speaker 2: was no sexual innuendo, to nominate that as a crap
10:21
Speaker 2: gift is enormously offensive to the Japanese. They are a
10:25
Speaker 2: culture built on respect and something like that is just
10:29
Speaker 2: so impolite and disrespectful. And again, as Colleen said, why
10:34
Speaker 2: would you cause a diplomatic incident over a silly podcast?
10:39
Speaker 5: Well, that's the thing.
10:40
Speaker 6: I'm not sure he's a misogynist per se. I don't
10:42
Speaker 6: think the evidence is there that sort of saying he's
10:44
Speaker 6: a hateful man.
10:45
Speaker 2: I'm calling him a misogynist, but I'm saying those antics
10:49
Speaker 2: were very much, far more misogynistic than Tony Abbott looking
10:53
Speaker 2: at his watch as Julia gillarsolutely.
10:55
Speaker 6: Yes, look at the Grotty's Storian. It's amazing. It's still
10:58
Speaker 6: kicking around, and it's because of bad judgment, and I
11:00
Speaker 6: think that's what makes it legitimate. It's not about whether
11:03
Speaker 6: it's about melons and breasts or whatever. It's about the
11:05
Speaker 6: fact that the Prime Minister really does not have a
11:08
Speaker 6: clue and he's made a very bad judgment and he's
11:11
Speaker 6: sort of tried to deny it all the way through,
11:13
Speaker 6: which is sort of lent it legs as a story.
11:16
Speaker 3: I think it's just so foolish.
11:18
Speaker 2: And if he just came out and said I stuffed up,
11:22
Speaker 2: I should have done better. I've apologized personally to Prime Minister,
11:27
Speaker 2: then it'll all be done.
11:28
Speaker 3: But it's this gas lighting that's happening. Colleen.
11:30
Speaker 2: You've got Tanya Plibusec on Sunrise saying, oh no, I'm
11:35
Speaker 2: glad you showed the footage because it proves nothing was
11:39
Speaker 2: said that was improper. Yeah, does she think we're both
11:42
Speaker 2: blind and death? And there's also the issue of what
11:46
Speaker 2: is it that the.
11:47
Speaker 4: Prime Minister should be doing with his time, Like does
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Speaker 4: he really want to kind of be seen as being
11:51
Speaker 4: some cool kid making dirty jokes. It's really not what
11:55
Speaker 4: I wanted.
11:56
Speaker 2: It was the same where he talked about, you know,
11:59
Speaker 2: wanting to shake Kai correct. Yeah, I mean really yeah,
12:03
Speaker 2: before you go. Jim Chalmers is facing pushback from States
12:08
Speaker 2: over Labour's contentious tax highs. The Queensland government is arguing
12:12
Speaker 2: the Commonwealth should compensate businesses hit by transfer duties when
12:17
Speaker 2: they restructure as a result of the new thirty percent
12:20
Speaker 2: minimum tax on discretionary trusts Patrick Queensland Treasurer David Janetsky
12:27
Speaker 2: said it was not his job to clean up the
12:30
Speaker 2: unintended consequences of the May federal budget. Makes a good
12:34
Speaker 2: point there. Why should the states pick up the slack?
12:36
Speaker 6: I think every Australian at falls into that category at
12:39
Speaker 6: this stage. It's a dreadful budget. I think there's half
12:42
Speaker 6: a million businesses that are structured on trusts in Australia
12:46
Speaker 6: and they obviously weren't considered when they came down delivered
12:50
Speaker 6: this document.
12:53
Speaker 5: Why wasn't that the homework done.
12:54
Speaker 6: There's such a sort of casual laziness to the whole thing,
12:58
Speaker 6: and there's unintended consequences everywhere. It's like a bad episode
13:02
Speaker 6: of Yes Mins on peptides.
13:05
Speaker 2: Well, some of them are unforeseen, but a lot of
13:09
Speaker 2: it was entirely predictable.
13:11
Speaker 3: Collie.
13:11
Speaker 2: We talked about it on this program because we've gone
13:15
Speaker 2: down this road before of getting rid of negative gearing,
13:18
Speaker 2: and we brought it back because it had some devastating
13:21
Speaker 2: attacks on the rental market. We've seen New Zealand just
13:25
Speaker 2: recently trial these policies.
13:27
Speaker 3: It did not go too well.
13:28
Speaker 2: They've reversed course, but it seems like the Alberdezer governments
13:32
Speaker 2: have ignored all that and decided this is going to
13:36
Speaker 2: solve the housing crisis.
13:37
Speaker 4: Well, the other extraordinary component is this is that we
13:40
Speaker 4: have departments, like we hundreds of people whose job it
13:43
Speaker 4: is to work out what the conn houses might be
13:46
Speaker 4: and here we are months later, still with the fallout
13:49
Speaker 4: of things that have been ill considered. To Patrick's point,
13:53
Speaker 4: there's about half a million businesses whose businesses are structured
13:56
Speaker 4: on a trust and they have the cost of them
13:58
Speaker 4: now to restructure, they continue with their business. You know
14:02
Speaker 4: what Australia needs is less tax less you know, red
14:06
Speaker 4: tape and bureaucracy so that we can you know, sort
14:08
Speaker 4: of flourish in innovation and stuff. It's exactly what they're
14:10
Speaker 4: trying to stop.
14:11
Speaker 2: And there's also going to be all sorts of costs
14:13
Speaker 2: for investors to value properties and assets. So again something
14:19
Speaker 2: else that really wasn't thought about when they were coming
14:23
Speaker 2: up with these brilliant plans. Colin Hark and Patrick Carline,
14:26
Speaker 2: thank you so much for your time. Now we know
14:31
Speaker 2: residential property investors and the housing market have been smashed
14:35
Speaker 2: by Jim Chalmers capital gains tax and negative gearing changes.
14:39
Speaker 2: Share market investors are also adversely impacted with a minimum
14:43
Speaker 2: thirty percent tax rate on capital gains, some paying as
14:47
Speaker 2: much as forty seven.
14:48
Speaker 3: Percent In CGT.
14:50
Speaker 2: Investors are being urged to sharpen their strategies amid the
14:54
Speaker 2: Albanezy government's tax hikes. Who better to speak to about
14:58
Speaker 2: this topic than AFL great turn wildly successful fund manager
15:03
Speaker 2: Chris Judd. Chris you founded Saruti macro fund three years ago,
15:08
Speaker 2: and I had to double check this today because your
15:11
Speaker 2: fund has returned sixteen point seven percent annually for the
15:16
Speaker 2: last three years, so your investors are quite happy. But
15:21
Speaker 2: the wider market, what sort of strategies are people employing
15:25
Speaker 2: to try to minimize their tax With what we saw
15:28
Speaker 2: in the budget, I.
15:29
Speaker 8: Can sort of see comrade al and charmers wondering what
15:33
Speaker 8: all the fuss is about this? Give me no capital
15:34
Speaker 8: gains tax by the time they're finished with everything, which
15:37
Speaker 8: obviously relies on things to give up. But look, there's
15:39
Speaker 8: a bit of a discrepancy in the market currently. So
15:41
Speaker 8: large cap stocks are still performing pretty well because they
15:44
Speaker 8: really rely on superannuation flows which are really steady and regularly,
15:48
Speaker 8: and I know they're coming in at twelve percent a
15:50
Speaker 8: year year on year. But the small cap stocks, which
15:52
Speaker 8: are much more closely linked to the housing market and
15:55
Speaker 8: consumer confidence, they've really taken a bit of a battering
15:58
Speaker 8: of late. But I think what has changed is the
16:01
Speaker 8: interest rate cycle in Australia, and consensus up until recently
16:05
Speaker 8: was for another two rate rises for the rest of
16:07
Speaker 8: this calendar year. But you've seen the RBA hold today
16:11
Speaker 8: and I think all the banks bar Westpac now believe
16:15
Speaker 8: that the next moving rates will be down next year,
16:17
Speaker 8: which is a significant change.
16:19
Speaker 3: That is a significant change.
16:21
Speaker 2: Today's rate announcement was as expected. So are you predicting
16:26
Speaker 2: that the next rate move is going to be down?
16:29
Speaker 2: Is that the consensus or is that a christ Judd?
16:32
Speaker 8: Now that's now consensus. So all the big banks, bar
16:37
Speaker 8: and west Pac that's their current view, and we think
16:40
Speaker 8: that sort of makes sense. We think confidence has really
16:42
Speaker 8: been smacked by the budget and even the employment number
16:47
Speaker 8: headline wise doesn't look too bad, but you look at
16:49
Speaker 8: the last print, sixty one percent of the jobs created
16:51
Speaker 8: were part time jobs, and then a huge manner eva
16:55
Speaker 8: in the public sector or if they are private sector jobs,
16:57
Speaker 8: the revenue for though, you know, if you're an end
17:00
Speaker 8: I business, for instance, you might be a private business
17:02
Speaker 8: employing people, that revenue very much still comes from the
17:05
Speaker 8: public perse. So I think the employment market is much
17:08
Speaker 8: softer than what the headline suggests. The RBA would of
17:11
Speaker 8: course know all this stuff. And while inflation is still
17:14
Speaker 8: higher than their target, you know, we think confidence is
17:17
Speaker 8: dropping rapidly now.
17:19
Speaker 2: Superanuation seems to be the last low tax investment vehicle
17:25
Speaker 2: is that safe or will a debt riddled government at
17:28
Speaker 2: some point look at the trillions in super and think
17:31
Speaker 2: we can get a bigger share of that.
17:33
Speaker 9: Yeah.
17:33
Speaker 8: Look, I think that's what this government has proven to
17:36
Speaker 8: They look at where the chunkiest amounts of money they
17:39
Speaker 8: can get their hands on.
17:40
Speaker 5: And you know.
17:41
Speaker 8: That the death tax feels, you know a lot of
17:46
Speaker 8: these changes to trust was an underhanded way to get
17:50
Speaker 8: a death tax installed, and superannuation feels like the logical
17:55
Speaker 8: next target because it is just a huge pool of
17:57
Speaker 8: money and spending it just a completely reckless pace. So they'll,
18:05
Speaker 8: I would be surprised that they didn't come after it
18:07
Speaker 8: at some stage already had a half ago in unrealized gains.
18:10
Speaker 8: Not longer, but for the time being, yes, super still
18:14
Speaker 8: the most attractive way to invest outside your own residential
18:18
Speaker 8: property that you're living in, which still doesn't obviously pay
18:21
Speaker 8: capital gains tax for the time being.
18:23
Speaker 2: Now, self managed super fun investors will have to shift
18:26
Speaker 2: their tactics as well because they can no longer borrow
18:30
Speaker 2: new money to invest. Explain that to my audience, and
18:34
Speaker 2: what does that mean for people who have self managed
18:36
Speaker 2: super funds?
18:37
Speaker 8: A self managed super funds until recently were able to
18:40
Speaker 8: use their super money along with borrowed money from banks
18:44
Speaker 8: to buy apartments or houses, and that's no longer allowed.
18:49
Speaker 8: This was done without any consultation new industry groups. It
18:52
Speaker 8: was a sort of make good with the Greens to
18:55
Speaker 8: get the CGT changes through Parliament, and whilst probably not
18:59
Speaker 8: seeing unificant in terms of house prices in and of itself,
19:03
Speaker 8: so slightly there's the one percent of houses and apartments
19:06
Speaker 8: are bought using this strategy, but about five percent of
19:09
Speaker 8: new builds, particularly apartments off the plan are bought using
19:13
Speaker 8: this strategy. So for a government, that government that's saying
19:16
Speaker 8: they're focused on delivering one point two million new houses
19:19
Speaker 8: over the next five years, this is another example where
19:22
Speaker 8: they sort of platitudes don't really marry up to the policies.
19:26
Speaker 8: So there is going to be a cost there, but
19:28
Speaker 8: also there's just a cost. There's a lot of businesses
19:30
Speaker 8: that have been set up purely for this purpose. They
19:32
Speaker 8: purely service self managed to funds looking to get into
19:36
Speaker 8: the property market and a lot of the time it
19:38
Speaker 8: is the apartment market off the plan. So it's again
19:41
Speaker 8: another example where these whole companies had three days notice
19:44
Speaker 8: to effectively learn that they don't have a business anymore.
19:47
Speaker 8: It's just a very hard economy to run a business
19:51
Speaker 8: in currently when things can rapidly change.
19:53
Speaker 2: Is this government, in your experience, the least business savvy.
19:58
Speaker 2: They seem to have very low or regard for the
20:01
Speaker 2: business community, very little consultation, and like you said, so
20:07
Speaker 2: many have been taken by surprise by some of the
20:10
Speaker 2: announcements in the budget.
20:12
Speaker 8: Yeah, I mean it reaks of the government not just
20:14
Speaker 8: filled with people who've never run their own business, but
20:16
Speaker 8: most of them have never been worked in the private sector.
20:19
Speaker 8: And that's what it speaks to. There's a complete lack
20:21
Speaker 8: of understanding of how the private sector actually works. They
20:24
Speaker 8: understand the benefits they get through taxim from the private sector,
20:28
Speaker 8: but there is a real underappreciation of the role private
20:32
Speaker 8: business has in the Australian economy and also the inability
20:37
Speaker 8: to just keep dropping more and more red tape and
20:39
Speaker 8: chain is onto private businesses and for them to be
20:41
Speaker 8: able to continue to operate.
20:44
Speaker 2: Before you go the housing sector, is it as bad
20:48
Speaker 2: as people are saying, Is this a generational slump or
20:52
Speaker 2: as just a little bump in the road and we're
20:54
Speaker 2: going to see property prices booming again in no time.
20:57
Speaker 5: Ah, well, yeah, I don't think we have had We haven't.
21:01
Speaker 8: It's been more than generation since house prices did drop,
21:04
Speaker 8: so yeah, I think it is going to be a
21:05
Speaker 8: generational slum. I don't think house prices are going to
21:07
Speaker 8: drop fifty percent. Yeah, but if house prices drop fifteen
21:11
Speaker 8: to twenty percent, you know, the second and third order
21:14
Speaker 8: of effects on that will be material. I think it's
21:17
Speaker 8: probably worth separating the housing market. I think entry grade
21:20
Speaker 8: properties will hold up reasonably well because net migration is
21:24
Speaker 8: so strong and people have to live somewhere.
21:26
Speaker 5: But I think medium and.
21:28
Speaker 8: Top end property I think is going to fill the pinch,
21:30
Speaker 8: and that'll be interesting to see what the second and
21:33
Speaker 8: third order effects are from that.
21:35
Speaker 2: And that doesn't help first home buyers, does it, because
21:37
Speaker 2: they're not entering the market at that top end. So
21:41
Speaker 2: all you're doing is really hurting people who've worked very
21:44
Speaker 2: hard to invest in those properties.
21:46
Speaker 8: But also some sympathetic to the view that property prices
21:48
Speaker 8: can't go up forever and it's not the best place
21:50
Speaker 8: for society to store their wealth.
21:52
Speaker 5: I'm sympathetic to that view, but the idea that you.
21:54
Speaker 8: Crunch property trice prices by twenty percent and everyone's ability
21:59
Speaker 8: to buy proper. He stays, the same is moronic because
22:02
Speaker 8: employment is going to get crunched in that environment, and
22:04
Speaker 8: in an era where Ali is already taking away a
22:07
Speaker 8: lot of white collar jobs.
22:09
Speaker 5: What's far more.
22:10
Speaker 8: Likely is property prices drop fifteen to twenty percent and
22:13
Speaker 8: the people's ability to service a mortgage drops one much further.
22:16
Speaker 3: Than that, Chris jud always a pleasure, Thanks for time,
22:19
Speaker 3: Thank you reader. Still to come.
22:21
Speaker 2: Matt left is losing a plus the latest from the US,
22:25
Speaker 2: including more disturbing Fauci revelations.
22:28
Speaker 3: Kosher Gator is up next.
22:40
Speaker 2: You're watching the Reader Panehy Show, and it's time for
22:44
Speaker 2: Lefties losing it. Let's hear from Democrats socialist coachair Megan Roma,
22:50
Speaker 2: who boldly proclaims that they are going to tax the
22:53
Speaker 2: hell out of millionaires.
22:55
Speaker 3: But when she's.
22:56
Speaker 2: Asked the simple follow up question of what that would
22:59
Speaker 2: look like, well, she flounders like a big moth in
23:03
Speaker 2: a spider way.
23:04
Speaker 3: We do believe in taxing the hell out of millionaires. Yeah, absolutely, Well.
23:08
Speaker 9: What is taxing the hell out of them?
23:10
Speaker 6: Men?
23:11
Speaker 3: Uh? Yeah, you know again. I don't have like a
23:14
Speaker 3: solid but.
23:15
Speaker 10: But shouldn't you.
23:18
Speaker 11: I mean, if you're the CoA chair, if you're the
23:20
Speaker 11: co chair of the DSA, shouldn't you be more specific
23:23
Speaker 11: than just taxing the hell out of something?
23:25
Speaker 5: What exactly do you mean?
23:28
Speaker 9: So again, it's democracy, right, and we have to look
23:31
Speaker 9: at what we need to spend and what we need.
23:34
Speaker 3: We don't want to depend on the existence of millionaires
23:36
Speaker 3: because that means people are still getting exploited.
23:38
Speaker 2: Oh dear, they're not sending their best, are they. And
23:41
Speaker 2: we've got our own hard left activists right here in
23:44
Speaker 2: Australia and right now they are particularly triggered by the.
23:48
Speaker 3: Rise of right wing party One Nation.
23:52
Speaker 2: Let's look at some of the folk protesting against One
23:54
Speaker 2: Nation who are leading several polls.
23:57
Speaker 10: What do you hear for today?
23:58
Speaker 3: I'm introducing my to activism.
24:01
Speaker 11: How old is your niece?
24:02
Speaker 3: Six and a half?
24:04
Speaker 4: Six and a half day?
24:04
Speaker 10: You go?
24:05
Speaker 12: But if we should have been using sho would how
24:07
Speaker 12: to push any pitic bill a gender, especially harmful ones
24:10
Speaker 12: that can lead to really doubts.
24:12
Speaker 3: Some contradictory messaging there.
24:15
Speaker 2: But I'm sure these fine folk are great at maths.
24:19
Speaker 3: Let's see just how clever they are.
24:21
Speaker 5: A billion is a million? Million.
24:22
Speaker 2: So that means if somebody has one billion dollars, they
24:24
Speaker 2: could own one million.
24:25
Speaker 3: Out of my thousand studia. Please explain one half?
24:28
Speaker 2: Goodbye, enough houses for half the population of strategy seek.
24:32
Speaker 11: People don't get by how much a billion is because
24:33
Speaker 11: she could buy everyone got.
24:34
Speaker 3: A house at a million dollars. Oh did you hear that?
24:37
Speaker 2: She thinks you can buy a million homes at a
24:40
Speaker 2: million dollars a pop with just a billion dollars. Just
24:43
Speaker 2: a few zeros out there, love, you can buy a
24:46
Speaker 2: thousand homes.
24:48
Speaker 3: At a million dollars a pop with a billion dollars.
24:51
Speaker 3: Wonder if she's a teacher.
24:53
Speaker 2: Now to the UK, where the trans Green MSP for
24:57
Speaker 2: Edinburgh appears to have decried the demonization of rape and
25:02
Speaker 2: the myth, as they call it, of a monster rapist.
25:07
Speaker 12: Listen to this, dude, and I think this test towards
25:11
Speaker 12: rape is towards rep. It's towards the idea of the
25:15
Speaker 12: act of rep not towards the myth of this monster rappist.
25:19
Speaker 12: As now we've been born to be thinking of it
25:22
Speaker 12: that way, because there's definitely is a demonization of rep
25:27
Speaker 12: in the sense of it is a spectrum.
25:30
Speaker 2: A spectrum of rape and rape and rapists should always
25:35
Speaker 2: be demonized. I shouldn't need to say that that particular
25:39
Speaker 2: character Q Manavanon, who identifies as they them, only apologized
25:46
Speaker 2: earlier today for those reprehensible comments that he made last year.
25:52
Speaker 3: Now we love an ms NOW meltdown.
25:54
Speaker 2: It is the station that's home to the loopius lefties
25:58
Speaker 2: in the media.
25:59
Speaker 3: It makes sin fair and balanced.
26:01
Speaker 2: So imagine just how far left the modern Democrats have
26:05
Speaker 2: lurched for an MSNAT anchor to say this.
26:08
Speaker 3: Here is Joe.
26:09
Speaker 2: Scarborough pleading with the Democrats to stop being full blown crazy.
26:15
Speaker 3: Never go full crazy.
26:17
Speaker 11: This is about the Democrats once again fumbling the football
26:21
Speaker 11: on the two yard line when they have a chance
26:24
Speaker 11: to make great gains, but being so woke to call
26:29
Speaker 11: out the obvious. I swear to god, it's really it's
26:33
Speaker 11: crazy that we're even having this conversation. If somebody says
26:39
Speaker 11: a woman being raped doesn't matter in the grand scheme
26:41
Speaker 11: of things, it's okay to call that person out and
26:46
Speaker 11: demand that candidates distance themselves from those people. If you
26:50
Speaker 11: want to rule, if you want to rule over a
26:55
Speaker 11: party and win elections.
26:58
Speaker 2: Let's bring in news twenty four contributor Kosher Gaida Kosher.
27:03
Speaker 2: Joe Scarbraugh is a dufust. But even a broken clock
27:07
Speaker 2: is right twice a day, and he was right there.
27:09
Speaker 2: The Democrats are increasingly radical with their policies, with their candidates,
27:16
Speaker 2: and it's not good news for them leading up to
27:19
Speaker 2: the midterms.
27:20
Speaker 9: My eye was going to the other two Mika is
27:23
Speaker 9: right and the other reporter over there, and they felt
27:26
Speaker 9: like children being scolded, or maybe they saw some truth
27:29
Speaker 9: in what he was saying. But I think he speaks
27:31
Speaker 9: for a lot of Democrats that are not all that
27:33
Speaker 9: far to the left. But unfortunately for them, it's too
27:36
Speaker 9: late because that wing of the party is ascendant. That
27:38
Speaker 9: wing of the party started with the squad and AOC
27:42
Speaker 9: and she sort of had a b in a Pelosi's bonnet,
27:46
Speaker 9: but kind of won in the court of public opinion
27:48
Speaker 9: many many times. And then from their German A's Mamnani
27:52
Speaker 9: and al Sayed and all these people who are defeating
27:54
Speaker 9: the establishment more moderate mainstream Democrats one after the other, and.
27:58
Speaker 2: They're often defeating them with a lot less money, a.
28:02
Speaker 9: Lot less money, a lot more grassroots support because the
28:05
Speaker 9: electorate has shifted in their fever. They tend to be charismatic.
28:09
Speaker 9: They're able to somehow just get their finger on the
28:11
Speaker 9: pulse of a certain swath of the electric that, at
28:13
Speaker 9: least in the primary is are not for them to win.
28:14
Speaker 5: The general will be well.
28:16
Speaker 2: The demographic changes in some of those electorates, I think
28:19
Speaker 2: explains that.
28:20
Speaker 3: You look at the.
28:22
Speaker 2: Demographics of some of those areas that we're talking about,
28:26
Speaker 2: and it's not a huge shock they've got these sorts
28:29
Speaker 2: of characters being selected. Now, let's look at one of
28:34
Speaker 2: these radical blue states governors signing an abortion bill abortion
28:39
Speaker 2: up until birth.
28:41
Speaker 3: This is Governor Moura Hearley.
28:43
Speaker 2: Signing a sweeping abortion bill earlier today that removes gestational
28:49
Speaker 2: age limits.
29:00
Speaker 3: This is a.
29:00
Speaker 2: Far more nuanced issue than the media represent The majority
29:05
Speaker 2: of Americans are pro choice in the first trimester, but
29:09
Speaker 2: a clear majority are against second term abortion.
29:13
Speaker 3: And now we're talking here about third term abortion.
29:16
Speaker 2: We've got ten states that are pretty much allowing abortion
29:20
Speaker 2: right up to birth.
29:21
Speaker 9: And I on think history will judge those kinds of
29:24
Speaker 9: graphics kindly. You've got all these women clapping behind that.
29:26
Speaker 9: You know, they've come a long way from it should
29:28
Speaker 9: be safe, legal and rare, which was a slogan in
29:30
Speaker 9: the two years to clapping for late terms, call it
29:34
Speaker 9: what it is, it could be up until the day
29:36
Speaker 9: before birth, and doing that in ut.
29:38
Speaker 2: And we're talking about even post twenty four weeks. You've
29:41
Speaker 2: got premature babies that surviveds at that age, So they're
29:44
Speaker 2: talking about a baby that could survive outside the womb.
29:49
Speaker 2: And it's not just those rare cases where the mother's
29:53
Speaker 2: health is in jeopardy and that's the only way to
29:56
Speaker 2: save the mother. So that argument is brought forward why
30:00
Speaker 2: they are so preoccupied with this issue, Because if you've
30:04
Speaker 2: already got abortion widely available all the way to twenty
30:08
Speaker 2: four weeks, why would they make such a point to
30:11
Speaker 2: extend that well into the pabor to the end of
30:14
Speaker 2: the third trimester.
30:15
Speaker 9: It's become sort of this touchstone issue culturally. And after
30:20
Speaker 9: row Rey Wade was overturned, there was a lot of
30:23
Speaker 9: backlash actually in some of the Republican states that were
30:25
Speaker 9: going outside of the mainstream of opinion in the other
30:28
Speaker 9: direction the heartbeat rule or one state said not at all,
30:31
Speaker 9: even if you're six weeks pregnant, you can't do it,
30:33
Speaker 9: for instance, and they suffered backlash even the electorate in
30:36
Speaker 9: those red states Texas, Kentucky, et cetera. Pushed back on
30:38
Speaker 9: that because it was outside of where seventy eighty percent
30:41
Speaker 9: of the country is. This is the pendulum swinging in
30:44
Speaker 9: the other direction, where so much of the left is
30:46
Speaker 9: so angry by that, and that is one of the
30:48
Speaker 9: legacies of the Supreme Court. It was fifty years in
30:51
Speaker 9: the making they overturned that bill that said it's returned
30:53
Speaker 9: to the states. Yeah, and this is what you get
30:55
Speaker 9: that you'll have twenty three states in the other direction,
30:58
Speaker 9: some extreme, as we said, on that side of the island,
31:02
Speaker 9: then many on this side. And yeah, they're I think
31:04
Speaker 9: showing their true colors where you can now, if you
31:07
Speaker 9: want to get that, you can go to Massachusetts or
31:09
Speaker 9: New York or these kinds of states that are very
31:11
Speaker 9: very liberal and people can travel across street lines if
31:14
Speaker 9: they need to do it. And then there's others in
31:15
Speaker 9: the other directions.
31:16
Speaker 5: So I think it's you're seeing.
31:17
Speaker 9: This polarizing of the issue because we must returned to
31:20
Speaker 9: the states.
31:21
Speaker 2: Now despite the Democrats' woes, and they have plenty of them.
31:24
Speaker 2: That's the Republicans who are facing an even bigger challenge
31:28
Speaker 2: in the midterms, particularly with the unpopular war against Iran
31:32
Speaker 2: pushing up gas prices. A recent Router's IPSOS poll released
31:37
Speaker 2: last week showed that forty two percent of registered voters
31:40
Speaker 2: say they would vote for a Democrat congressional candidate, compared
31:44
Speaker 2: to thirty seven percent for a Republican. This is always
31:49
Speaker 2: the way the party that is the ruling party typically
31:52
Speaker 2: takes a hit in the midterms. The Trump administration has
31:56
Speaker 2: the added complication of the Iran war and all the
32:01
Speaker 2: consequences of that. How are they going to go into
32:05
Speaker 2: these mid terms arresting some of that decline.
32:09
Speaker 9: It's tricky. They are really in a tough spot. You're
32:12
Speaker 9: right that the big pictures incomon party does usually face that,
32:16
Speaker 9: but it is deeper here. It runs deeper the war,
32:18
Speaker 9: as you mentioned in its own right, because there is
32:20
Speaker 9: a whole generation of people that are just done with
32:22
Speaker 9: US interventionalism and policing the world. Then there's a ripple
32:26
Speaker 9: effect beyond that that it is having impact to oil
32:28
Speaker 9: prices and cost of living and inflation and all of
32:30
Speaker 9: that is up, which upsets people that these are the
32:33
Speaker 9: pocketbook issues, and most people who aren't in the weeds
32:35
Speaker 9: of politics follow and a lot of It is also
32:38
Speaker 9: just the coalition that Trump built had those Maha moms,
32:42
Speaker 9: it had the crypto people, it had the anti war
32:46
Speaker 9: non interventionalists, it had the regular diet and the world
32:48
Speaker 9: Republicans all coming together, and they're not on the same
32:51
Speaker 9: page on these issues, and that rift is out there.
32:54
Speaker 9: So I think it's tricky right now. The poll says
32:58
Speaker 9: that the Democrats are favored to take back at least
33:01
Speaker 9: the House or really shrink the margin, and that's going
33:04
Speaker 9: to spell doom for the Trump administration's agenda in his
33:07
Speaker 9: last two years. But there are for eighty eight years
33:10
Speaker 9: to go eighty and D's excuse me, which he feels
33:11
Speaker 9: like eight hit years in politics.
33:13
Speaker 5: It's a lifetime.
33:14
Speaker 9: Week is a lifetime in politics as a sing goal,
33:16
Speaker 9: So there is time to turn it around, wrap up
33:18
Speaker 9: the war, try to take a win, and just focus
33:21
Speaker 9: on domestic issues.
33:23
Speaker 3: They probably can still do it now.
33:25
Speaker 2: More disturbing revelations about former top health bureaucrat Anthony Fauci,
33:31
Speaker 2: with texts obtained from doctor Fauci's phone showing he expressed
33:35
Speaker 2: concerns that the second dose of a COVID vaccine could
33:39
Speaker 2: potentially be associated with miscarriage in the first trimester, and
33:44
Speaker 2: these were in conversations with biden era City C Director
33:48
Speaker 2: Rachel Bolinski and Surgeon General Vivek Murphy.
33:52
Speaker 3: These text messages.
33:53
Speaker 2: Were being exchanged back in January twenty twenty one, but
33:57
Speaker 2: despite Fauci privately warning of miscarriage risk, he was publicly
34:02
Speaker 2: claiming the opposite.
34:03
Speaker 10: Since the EU Way, and under the EU Way, approximately
34:07
Speaker 10: twenty thousand pregnant women have been vaccinated with no red flags,
34:12
Speaker 10: as we say, and this is being monitored by the
34:15
Speaker 10: CDC and.
34:16
Speaker 3: The FDA Kosher.
34:18
Speaker 2: We've had the Faucci diaries, they were illuminating. We had
34:22
Speaker 2: the astonishing performance at the Senate hearing where he plied
34:26
Speaker 2: the fifth one hundred and eleven times. And now these
34:29
Speaker 2: text messages, there's just one thing after another. And we
34:33
Speaker 2: do know that that preemptive pardon stops him from being
34:37
Speaker 2: prosecuted on any federal charges, but the states are free
34:41
Speaker 2: to investigate and possibly charge.
34:44
Speaker 9: States are free. And also the part of the end
34:46
Speaker 9: date of January twentieth twenty five, so after that, if
34:51
Speaker 9: you deleted phone records or if you hit anything, there's
34:54
Speaker 9: some reporting that maybe that's what the Senator is looking into.
34:56
Speaker 5: We shall see.
34:57
Speaker 9: It will also require a lot of political will on
34:59
Speaker 9: the part of the wants to go there, which we
35:01
Speaker 9: all know is in short supply generally and politics and
35:05
Speaker 9: many would say with most of the establishment Republicans. So
35:08
Speaker 9: I'm not sure how far are they're going to push that.
35:10
Speaker 9: But this story with him knowing about the risks of
35:13
Speaker 9: miscarriage in the first trimester, that's shameless, and then he
35:16
Speaker 9: went out and did that. If they get that message out,
35:19
Speaker 9: half the country will further. I mean, his image is
35:22
Speaker 9: going from bad to worse with all of these revelations
35:23
Speaker 9: that one I think will be hit quite personally to
35:26
Speaker 9: a lot of people because it just has it's a
35:27
Speaker 9: special kind of deception. Yes, But tying it back to
35:31
Speaker 9: the other topic that we just discussed, half the country
35:34
Speaker 9: or states like Massachusetts, they don't really seem to care,
35:37
Speaker 9: so they made.
35:38
Speaker 2: And that they don't see the reporting. There were so
35:41
Speaker 2: many lies he was courting, so many times where his
35:45
Speaker 2: private diaries contradicted what he was saying publicly, including about
35:50
Speaker 2: school closures, where he was saying public well, I had
35:53
Speaker 2: nothing to do with school closures. When he was bragging
35:56
Speaker 2: in his diary about influencing ladies in New York and California,
36:00
Speaker 2: to a Maglamenian, to close schools. Yeah, this character is
36:03
Speaker 2: something else. But celebrities are still backing him, still putting
36:08
Speaker 2: him up on a pedestal, including Barbara streisand she has
36:14
Speaker 2: called him heroic. She said, doctor Anthony Fauci has been
36:18
Speaker 2: subjected to a disgraceful witch hunt by Senate Republicans. Doctor
36:24
Speaker 2: Fauci is an American hero. But then we must remember
36:28
Speaker 2: Barbara is not the brightest bulb out there. She also
36:33
Speaker 2: claimed in the past that Donald Trump was making her fat.
36:37
Speaker 3: Yes, that is a real headline and kosho.
36:41
Speaker 2: She's also pledged to flee the US if Donald Trump
36:44
Speaker 2: ever won, and she's still there.
36:47
Speaker 9: She's known for the Straits and effect where she wanted
36:49
Speaker 9: people to not photograph for a beach house, and the
36:52
Speaker 9: more she talked about her, the more they did. Let's
36:54
Speaker 9: hope she brings some of that onto Fauci and his
36:56
Speaker 9: diaries and text messages. Then she will be doing a
36:58
Speaker 9: public service.
36:59
Speaker 2: Now to the And this is an incredible attempt to
37:03
Speaker 2: rewrite history. This is a WNBA star Dijon A. Carrington.
37:07
Speaker 2: We spoke about her last night. She's now claiming that no,
37:11
Speaker 2: she wasn't playing the race card. The comments she made
37:14
Speaker 2: about white privilege after she was ejected for a flagrant
37:19
Speaker 2: foul against Sophie Cunningham had nothing to do with that incident.
37:23
Speaker 2: She tweeted, I've never once claimed that the assessment of
37:27
Speaker 2: the foul was white privilege. That was your assumption, she said.
37:31
Speaker 2: That's still a journalist. Try exercising your critical thinking skills.
37:36
Speaker 2: It goes on with some other nonsense there, and it
37:40
Speaker 2: is just complete nonsense.
37:41
Speaker 3: Because she even.
37:43
Speaker 2: Tagged the fever in her white privilege tweet kosher how
37:47
Speaker 2: she could expect anybody to buy this latest explanation. The
37:51
Speaker 2: fact is she played the race card, she's getting mocked for.
37:55
Speaker 3: It, and now she's pretending, oh no, no, it didn't
37:58
Speaker 3: mean that. What did it mean?
38:01
Speaker 9: Tough girl isn't coming across very tough now, a little
38:04
Speaker 9: bit of heat from the internet and she's trying to
38:07
Speaker 9: do well.
38:07
Speaker 5: You know, you don't know that what I was talking about.
38:09
Speaker 9: Not only did she tag them as you say, the timestam,
38:11
Speaker 9: she literally ran off the court when she was ejected.
38:14
Speaker 9: Off the court, she ran to her phone and did
38:16
Speaker 9: it within a minute, So everybody knows, No, it's.
38:18
Speaker 2: Just a random thought about white privilege, just two words
38:22
Speaker 2: with the team that she was just playing tagged.
38:26
Speaker 9: I know everyone knows it, unless the alternative is she's
38:29
Speaker 9: just somebody who thinks about white privilege and randomly tweets
38:31
Speaker 9: about him. Is that what she's suggesting. The WNBA has
38:34
Speaker 9: been the story of the week for me, especially for
38:36
Speaker 9: people like me who don't follow sports in general, and
38:38
Speaker 9: certainly not the WNBA. Yeah, this thing that the two
38:41
Speaker 9: players trolling them and identifying as well, the emergency meeting, it's.
38:46
Speaker 2: One of them signed the papers, changed the draft, so
38:48
Speaker 2: it's happening, and the WNBA is absolutely.
38:52
Speaker 3: It's on fire and remode.
38:55
Speaker 2: And to claim white privilege, they're given that the ref
38:59
Speaker 2: was black, the player she thumped was white, so perhaps
39:04
Speaker 2: she's claiming that that play is getting special treatment because
39:07
Speaker 2: of the color of her skin. But really, the WANBA
39:10
Speaker 2: seems determined to fail. They seem to hate their most
39:14
Speaker 2: marketable players. They seem to go out of their way
39:16
Speaker 2: to alienate sports fans with these radical heart left positions.
39:21
Speaker 2: And you wonder why, because it's a league that's made
39:24
Speaker 2: massive losses the whole time. It's an operation you think
39:28
Speaker 2: you'd want to get some positive attention and get some
39:31
Speaker 2: fans today.
39:32
Speaker 9: And they're not a product or a commercial enterprise. Ultimately,
39:35
Speaker 9: there's a loss making subsidiary as you say, by the NBA,
39:38
Speaker 9: and they're a charity for a certain cause and ideology
39:42
Speaker 9: and set of people. And Cunningham and Caitlin Clarke don't
39:45
Speaker 9: fit in that worldview. And now the heat is on them.
39:48
Speaker 9: They're being trilled. They've really become the laughing stock. And
39:51
Speaker 9: if the NBA ever cut them loose, which I don't
39:53
Speaker 9: think again, they have the political courage to do that,
39:55
Speaker 9: but if they did, they would not survive because they
39:57
Speaker 9: do not stand on their own two feet as a
39:59
Speaker 9: commercial enterprise.
40:00
Speaker 3: Koshergata, Thank you so much.
40:01
Speaker 9: Pleasure.
40:02
Speaker 3: Steal to come.
40:03
Speaker 2: Harry and Meghan's newest film project, Cookie Queens, crumbles at
40:08
Speaker 2: the box office.
40:10
Speaker 3: Dedy dun Levy.
40:11
Speaker 2: We'll have all the latest role and entertainment news.
40:22
Speaker 3: Welcome back now.
40:24
Speaker 2: Harry and Meghan's newest film project, Cookie Queens, crumbled at
40:28
Speaker 2: the box office over the weekend. The documentary marked the
40:31
Speaker 2: Sussex's theatrical feature debut as executive producers, but the film
40:37
Speaker 2: open at the box office at number fifteen which was
40:40
Speaker 2: five spots behind. Cat Video Fest twenty twenty six, a
40:45
Speaker 2: seventy minute theatrical compilation of the internet's best cat videos.
40:51
Speaker 2: Joining me now is broadcaster and News twenty four contributor
40:55
Speaker 2: Dedy dun Levy Diddy. To be fair, the cat video
41:00
Speaker 2: best sounds pretty awesome.
41:01
Speaker 3: I'd watch that.
41:02
Speaker 5: I would the same, And the people chose the cats.
41:05
Speaker 5: The cats beat the cookies. This is another failure for
41:09
Speaker 5: Harry and Meggan. They've mistaken fame for popularity. Now, these
41:13
Speaker 5: two have got enormous name recognition worldwide. They've got the
41:17
Speaker 5: backing of some big players in the Hollywood production area,
41:22
Speaker 5: they trade off the Royal brand, and yet they still
41:24
Speaker 5: cannot produce anything that is successful. So this is another
41:27
Speaker 5: thing they've done that's bombed. To be fair, it was
41:30
Speaker 5: something that was being produced and then they just slapped
41:32
Speaker 5: their name on it, obviously hoping to get the credit.
41:34
Speaker 5: They did a lot of promotion. They turned up live
41:37
Speaker 5: to the premiere at Sundown's, both of them, Harry as well.
41:39
Speaker 5: They did the red carpet there, all the interviews and
41:42
Speaker 5: nothing was going to save it.
41:44
Speaker 3: Well, then you own the failure.
41:45
Speaker 2: If you're going to put yourself front and center, even
41:48
Speaker 2: if you weren't there at the start. You've come onto
41:50
Speaker 2: the production late, but you're the face of it and
41:55
Speaker 2: you're doing the promotion and it bombs Well, you wear
41:58
Speaker 2: that very interesting. You're right, some very big players gave
42:04
Speaker 2: them a red hot chance to succeed. You've got the
42:07
Speaker 2: likes of Netflix and Spotify giving them enormous amounts of money,
42:11
Speaker 2: and you've really got to question the judgment of the
42:14
Speaker 2: people in those positions. You do that money has been squandered.
42:19
Speaker 5: Can you just imagine the smug looks at Netflix? They
42:22
Speaker 5: would be feeling very satisfied with themselves because if they're
42:25
Speaker 5: not settled with any of this dross that Harry and
42:28
Speaker 5: Meghan turn out anymore, they've got first option if they
42:31
Speaker 5: choose to take it. But I think they're just hanging
42:33
Speaker 5: around for when it's a divorced documentary. Don't laugh.
42:37
Speaker 3: That one probably will rate well.
42:40
Speaker 5: Now.
42:40
Speaker 2: Last week we spoke about cooking legend Martha Stewart's claims
42:44
Speaker 2: that Meghan Markle spilled details about her families meeting with
42:48
Speaker 2: King Charles in the UK.
42:50
Speaker 3: Well A Sauce says that is not true.
42:53
Speaker 2: The source told People Magazine Meghan didn't talk about her
42:57
Speaker 2: European vacation other than to the family had a great time. Now, Didi,
43:03
Speaker 2: who do we believe here? I'm going to say, I'm
43:05
Speaker 2: with Martha. She's actually putting her name to this an
43:10
Speaker 2: anonymous source. I mean, really, did they have the initials
43:12
Speaker 2: Meghan Markle? Perhaps I'm not buying this denial.
43:16
Speaker 5: No, Meghan Michael has People Magazine on speed time. Now
43:20
Speaker 5: do you remember in twenty nineteen five, anonymous Meghan friends
43:24
Speaker 5: came out and defended her against all the tabloid gossip.
43:27
Speaker 5: Who did they give that story to People magazine? Every
43:30
Speaker 5: exclusive sit down with Harry and Meghan is with People Magazine.
43:34
Speaker 5: So if there was a call from an anonymous source
43:36
Speaker 5: who was at that dinner party, who didn't hear the
43:38
Speaker 5: same thing that Martha Stewart heard, I would guess that
43:41
Speaker 5: that call came from Monte Setter. It's got to be true.
43:44
Speaker 2: Well, if otherwise, why not put your name to it.
43:47
Speaker 2: Martha Stewart put her name to it. Exactly, put your
43:49
Speaker 2: name to it. If you're calling her a liar, then
43:52
Speaker 2: say I was there and these are my credentials.
43:55
Speaker 3: This is my name. Now.
43:57
Speaker 2: Brad Pitt has conversed he has broken his sobriety after
44:01
Speaker 2: seven years. He told Esquire that he can have a
44:05
Speaker 2: few glasses of wine, but he can't have a lot,
44:09
Speaker 2: did he. He also opened up about the darkest period
44:12
Speaker 2: in his life where he experienced suicidal thoughts. Very honest,
44:17
Speaker 2: very raw, and we know he's got the ongoing family issues.
44:22
Speaker 2: Pretty much all of his children have distanced themselves from him,
44:26
Speaker 2: changed their names to get rid of pitt.
44:30
Speaker 5: I find his comments very concerning. It doesn't sound like
44:33
Speaker 5: recovery to me, because if you are acknowledging that you
44:37
Speaker 5: have that alcohol has caused great damage in your life
44:40
Speaker 5: in the past, then it's not about working out how
44:43
Speaker 5: many drinks you can get away with. To me, it's
44:46
Speaker 5: just sounds like a dangerous, slippery slope that he's on.
44:49
Speaker 5: I think it would be better to acknowledge that he
44:51
Speaker 5: should avoid alcohol altogether than to be talking about how
44:54
Speaker 5: he can manage it, and in saying that he needs
44:57
Speaker 5: to be I think his words were to be professional
44:59
Speaker 5: about the way he deals with alcohol. He's acknowledging there's
45:02
Speaker 5: an issue there that troubles him that he needs to
45:04
Speaker 5: deal with. He'd be best to keep away from it.
45:07
Speaker 5: I'm not an expert in the field, but that's what
45:09
Speaker 5: it looks like to make well.
45:09
Speaker 2: Yeah, people who are expert in the field who deal
45:13
Speaker 2: with addicts say that if you're an addict, then you've
45:16
Speaker 2: got to just have zero. You can't manage your drinking
45:21
Speaker 2: because that's why you became an alcoholic.
45:24
Speaker 3: You don't have that in you. But I don't know.
45:28
Speaker 2: I mean, it does sound a little bit sad, but
45:31
Speaker 2: then you were thinking if you had a serious problem,
45:34
Speaker 2: you wouldn't be confessing all this to a squire. We'll
45:39
Speaker 2: keep an eye on that. And Hathaway. Actress Anne Hathaway
45:42
Speaker 2: has been roasted online over her maternity outfit on the
45:47
Speaker 2: red carpet of The Weekend Diddy.
45:49
Speaker 3: Apparently this is her response.
45:51
Speaker 2: To people accusing her of faking her pregnancy. It is
45:56
Speaker 2: an interesting outfit. I'm going to say, I like women
45:59
Speaker 2: who show their bumps.
46:00
Speaker 5: Oh do you? I hate it?
46:02
Speaker 3: You're not a fan.
46:03
Speaker 2: I think I've seen some beautiful examples, including Heidi Klum,
46:07
Speaker 2: who's had so many babies that she was pretty much
46:09
Speaker 2: on the catwalk for most of them as she looked
46:11
Speaker 2: at spectacular that outfit.
46:13
Speaker 3: I'm not on board with that one. Is a pretty weird.
46:16
Speaker 5: And I know when you're pregnant you want to be comfortable.
46:18
Speaker 5: Those jeans look sloppy, but they look comfortable, so I
46:22
Speaker 5: get it, But I don't like the tummy hanging out.
46:24
Speaker 5: But the whole the weird thing about this story for
46:26
Speaker 5: me is the people are questioning whether she's actually pregnant
46:29
Speaker 5: or not. They're saying she's.
46:30
Speaker 2: That's become a thing people keep questioning people's pregnancy and
46:34
Speaker 2: Megan Markle went through that recently.
46:36
Speaker 5: Well what does it tell us about Hollywood that people
46:38
Speaker 5: do not believe anything that celebrities tell them these days,
46:41
Speaker 5: and so they have to do a forensic examination of
46:44
Speaker 5: a pregnancy, which is pretty awful. And Anne Hathaway feeling
46:47
Speaker 5: that she needed to respond to these people, but why
46:50
Speaker 5: dignify them with any sort of response at all? And
46:53
Speaker 5: I thought the outfit was weird. She obviously learned nothing
46:55
Speaker 5: on the set of The Devil was it looks.
46:58
Speaker 2: Strange did but you know what, her bump was beautiful.
47:02
Speaker 2: Pregnant women are beautiful, So yeah, good on yan Now.
47:06
Speaker 2: Keith Urban Is reportedly relieved after learning his ex wife
47:11
Speaker 2: Nicole Kidman has moved on, and Insider told Radar Online
47:15
Speaker 2: that there is no jealousy surrounding her reported relationship with
47:19
Speaker 2: billionaire businessman Michael ryan Stein.
47:23
Speaker 3: DEDI please you're calling BS on this, aren't you? Yes,
47:27
Speaker 3: I certainly am.
47:28
Speaker 5: Have you seen the boyfriend here? Is a silver fox?
47:31
Speaker 2: I mean he is an accomplished man, is a billionare.
47:35
Speaker 2: He's got no time for fame. He's not with her
47:39
Speaker 2: for that, like he's a man of substance.
47:41
Speaker 5: No, he's exactly the man that she needs right now.
47:44
Speaker 5: And Keith Urban just got a big old wake up
47:46
Speaker 5: call because I think he was probably thinking that Nicole
47:49
Speaker 5: would come crying back. That was what we heard straight away,
47:51
Speaker 5: was that she somehow wanted to rekindle the relationship. Well,
47:54
Speaker 5: the gravy trains over, mate. He's he's rote. No, he
47:57
Speaker 5: has none of us here in Australi. You knew who
48:00
Speaker 5: he was before Nicole married him. A few people did.
48:03
Speaker 5: If you liked country music. She has been his ticket
48:06
Speaker 5: to fame and it's gone. But if we believe the accounts,
48:09
Speaker 5: it's because of him pushing footing around behind her, he
48:12
Speaker 5: would be learning now the doors closed, you're not coming back, mate,
48:16
Speaker 5: it's all gone.
48:17
Speaker 2: Grass wasn't greener on the side was now Another actor
48:22
Speaker 2: for HBO's upcoming Harry Potter TV series has spoken out
48:27
Speaker 2: about JK. Rallings views on trans isssues. Belle Powley, who
48:32
Speaker 2: plays Potter's aunt Petunia Dursley, told the Telegraph that she
48:37
Speaker 2: loves the books, but I strongly disagree with JK Rowling's
48:42
Speaker 2: views on gender. I think that the trans community deserves
48:46
Speaker 2: safety and dignity and respect and total acceptance DEDI another
48:51
Speaker 2: empty headed virtue signaling actress. I mean, if you really
48:55
Speaker 2: feel that strongly about JK Rowling's words, pick another projeck.
49:00
Speaker 2: Don't get rich and famous off her work exactly.
49:04
Speaker 3: I think.
49:05
Speaker 5: I don't know why actors and actresses feel compelled to
49:07
Speaker 5: come out and make a stand one way or the
49:09
Speaker 5: other against JK Rowling. Usually against It's like that's your
49:12
Speaker 5: ticket into Hollywood, and I don't think it's doing anything
49:15
Speaker 5: to protect trans rights if that's what you want to do.
49:18
Speaker 5: I don't know why this.
49:19
Speaker 3: Young Joan over Rawlling is pro women.
49:22
Speaker 2: She's not anti trans, she's pro protecting female only spaces.
49:26
Speaker 5: She's also been very open about saying that she's been
49:30
Speaker 5: fine with the cast of the original Harry Potter coming
49:32
Speaker 5: out and speaking against her, that's fine. Nobody should lose
49:35
Speaker 5: their job. She's fine for everyone to have their say,
49:38
Speaker 5: But why does it have to be turned into a
49:40
Speaker 5: fight or someone else is against jk Rowling.
49:42
Speaker 2: The most way is of the left, and they still
49:45
Speaker 2: attack her because on this one issue she has transgressed
49:50
Speaker 2: in their eyes?
49:51
Speaker 3: Disgusting?
49:52
Speaker 5: Did it?
49:52
Speaker 3: Dune Levy always a pleasure. Thanks and that's all the
49:55
Speaker 3: time we have. Don't go anywhere. Late edition is up next.
50:00
Speaker 11: Zo