Transcript

Sharri | 3 June · Sharri

0:01
Speaker 1: Live on Sky News.
0:03
Speaker 2: This is Sharry, Thanks Andrew and good evening. The vital
0:09
Speaker 2: partnership that protects our national security ORCAS is now at
0:13
Speaker 2: risk under the Albanesi government. The RBA, at the same
0:17
Speaker 2: time is now factoring in a property downturn as a
0:21
Speaker 2: result of Labour's toxic budget, and businesses are warning they
0:25
Speaker 2: face insolvency over having to give massive pay rises tax changes.
0:30
Speaker 2: And then there's the Victorian government's mandated work from home laws.
0:35
Speaker 2: This is the dire picture of life in Australia under
0:39
Speaker 2: radical left leadership that has seen an obliteration of social
0:43
Speaker 2: cohesion and elevated terror threat level and now the economy
0:48
Speaker 2: going to tatus. There are concerns today that the Albanese
0:52
Speaker 2: government does not remain committed to ORCUS, which is meant
0:56
Speaker 2: to provide Australia with nuclear powered submarines. There's a growing
1:00
Speaker 2: revolt within the government over UCUS and there are even
1:04
Speaker 2: calls to take it to a vote. Now. Foreign Minister
1:08
Speaker 2: Penny Wong were sent out there today to try and
1:11
Speaker 2: hose down these concerns, but she failed to do that
1:15
Speaker 2: and appallingly she was still blaming Scott Morrison for her
1:20
Speaker 2: government's failures.
1:22
Speaker 3: Look at looks and smells like a labor revolt on ORCAS.
1:26
Speaker 4: Is it Carl, good morning, good to be with you. Look,
1:30
Speaker 4: it's entitled to his views. But the government is very
1:33
Speaker 4: clear about why we need aucust. This is a capability
1:36
Speaker 4: Australia needs and unfortunately we had a capability gap in
1:41
Speaker 4: terms of our submarines because of what happened under the
1:45
Speaker 4: Abbot Turnbull Morrison governments. And we are determined to deliver
1:50
Speaker 4: that capability. So it is full steam ahead.
1:55
Speaker 2: Well, the ORCUS partnership and the nuclear powered submarines, this
1:59
Speaker 2: was all actually forged by Scott Morrison. He was the
2:02
Speaker 2: architect of it. He one hundred percent deserves full credit
2:05
Speaker 2: for it, so she can't realistically blame him. And OCAs
2:10
Speaker 2: is crucial in the face of global volatility and the
2:13
Speaker 2: emerging dominance of China. But Penny Wong was still blaming
2:18
Speaker 2: Scott Morrison over at Heard Doors Stop a little while later.
2:23
Speaker 1: The opposition has argued that having someone to perform as
2:27
Speaker 1: come out publicly criticized and that this could be detrimental
2:31
Speaker 1: for our relationship.
2:32
Speaker 5: That other countries like less Kay do they.
2:35
Speaker 4: Have a point, Well, what's detrimental for our relationships with
2:38
Speaker 4: other countries. We saw in the Pacific with the behavior
2:43
Speaker 4: of mister Morrison and our liberal predecessors in Australia's position
2:48
Speaker 4: in the Pacific, which goes directly to our stability in
2:51
Speaker 4: our national security, was undermined by their behavior.
2:56
Speaker 2: I mean, they've got to stop blaming Scott Morrison. He
2:58
Speaker 2: hasn't been the Prime Minister since twenty twenty two, four years.
3:03
Speaker 2: Any problems now with Orcus falls entirely on their shoulders.
3:08
Speaker 2: And when it comes to jeopardizing relationships with other countries,
3:12
Speaker 2: Penniwog has to look no further than herself. She is
3:17
Speaker 2: constantly undermining our most important strategic relationships. Look how she
3:22
Speaker 2: continually criticizes our closest allies, the President of the United
3:27
Speaker 2: States and then Israel, which plays a crucial role in
3:31
Speaker 2: sharing intelligence with US. And again today she was criticizing
3:36
Speaker 2: Israel wrongly claiming that nettin Yahoo wanted to bomb Ay Route. Well,
3:42
Speaker 2: Pennywog is either dangerously stupid or dangerously misleading.
3:48
Speaker 1: Is Benjamin netnya who an obstacle at the moment?
3:50
Speaker 5: Do you think to peace in the Middle East?
3:52
Speaker 4: Well, you're right, I'm not going to comment on what
3:56
Speaker 4: President Trump said, other than to say it was significant
3:59
Speaker 4: and important. The US made clear its opposition to mister Netanya,
4:03
Speaker 4: whose plans to bombard or to attack Beirut. We oppose
4:07
Speaker 4: Israel's escalation in Lebanon. We've made our views about Prime
4:11
Speaker 4: Minister Netanya, who Netnawho's agenda quite clear. You saw that
4:17
Speaker 4: prior to the last election, and he had some things
4:20
Speaker 4: to say about us. We have a clear view about
4:24
Speaker 4: in this circumstance, about the escalation, which we do not support.
4:30
Speaker 4: We believe that the ceasefire from the beginning should have
4:33
Speaker 4: applied to Lebanon. You might recall we were the first
4:36
Speaker 4: country to call for that.
4:38
Speaker 2: Well, Firstly, what she says, her allegations are utterly incorrect.
4:42
Speaker 2: Israel is responding to an escalating threat from the terrorist
4:46
Speaker 2: group Hasblah, which is sending drones in to destroy homes
4:50
Speaker 2: and kill civilians, as we explained in some detail on
4:54
Speaker 2: the show last night. Secondly, isn't it strange how Pennywong
4:58
Speaker 2: doesn't call on Hesbal to stop attacking Israel. I mean,
5:02
Speaker 2: it'd be too much for her to criticize a terrorist group.
5:05
Speaker 2: She prefers to criticize Israel. And she demands a ceasefire
5:10
Speaker 2: of Israel. That means she just wants it to accept
5:14
Speaker 2: being bombarded by terrorists except having its civilians killed, accept
5:19
Speaker 2: terrorism without response. That's what the calls for a ceasefire mean.
5:26
Speaker 2: In my view, she's the most irresponsible foreign minister Australia
5:29
Speaker 2: has had in modern times and she's a key figure
5:33
Speaker 2: in this appalling government. This Orchest scandal comes as the
5:37
Speaker 2: Albaneze government, as we learn, set aside just two days
5:43
Speaker 2: for consultations on its contentious tax legislation. Two days. That's
5:49
Speaker 2: not genuine consultation. This is a snub of hard working
5:54
Speaker 2: mum and dad business owners who've sacrificed an enormous amount
5:58
Speaker 2: over decades to contribute to Australia, to be self sufficient,
6:03
Speaker 2: to employ other workers and to stand on their own
6:06
Speaker 2: two feet. Yet now they face having gains from their
6:09
Speaker 2: businesses wiped in half and their home trashed in value.
6:16
Speaker 2: The Herald reports today that the RBA is taking into
6:20
Speaker 2: account a property downturn, and I quote a source with
6:25
Speaker 2: knowledge of the RBA's thinking set officials while considering the
6:29
Speaker 2: property downturn before a June sixteenth interest rate decision, and
6:33
Speaker 2: this factor would become more salient if prices and consumer
6:37
Speaker 2: sentiment dropped more than expected. That's by Paul Sical, and
6:43
Speaker 2: he reports that Westpac predicts buying and selling could decline
6:47
Speaker 2: by twenty percent, which then reduces spending on removalists, conveyances, furniture,
6:54
Speaker 2: the whole construction industry. The flow and effects are endless. Now,
7:00
Speaker 2: this is the last thing our economy needs, a housing
7:04
Speaker 2: market collapse. The Nightly Tonight reports on its front page
7:10
Speaker 2: that Jim Chalmers says weak growth and plunging productivity is
7:13
Speaker 2: a very solid result and that business investment is booming.
7:18
Speaker 2: As you can see there in that image, this is
7:20
Speaker 2: trying to put lipstick on a pig, and if you
7:23
Speaker 2: can't see closely enough, the Treasurer is holding red lipstick. Well,
7:28
Speaker 2: Australia cannot afford any more of this. The Albaneezy government
7:32
Speaker 2: is weak on security, reckless with the economy, and they're
7:37
Speaker 2: still blaming the last bloke. They're undermining the very alliances
7:43
Speaker 2: that keep us safe and Australians deserve so much better.
7:52
Speaker 2: I'm going to come back to that in a moment,
7:54
Speaker 2: but I want to turn first to this shocking murder
7:56
Speaker 2: case in the UK. One that exempsies what happens when identity,
8:02
Speaker 2: politics and virtue signaling takes precedence over saving the life
8:07
Speaker 2: of an innocent boy. The murder of a British white
8:11
Speaker 2: teenager has become a national, even global scandal. Now this
8:16
Speaker 2: is all about eighteen year old Henry Noak, a white
8:20
Speaker 2: university student who was stabbed to death. The killer, vicreim Digwa,
8:27
Speaker 2: aged twenty three, told police that Noak had been racially
8:31
Speaker 2: abusing him. He then stabbed him several times, and even
8:39
Speaker 2: as Noak lay dying, police handcuffed him. Handcuffed the victim.
8:46
Speaker 2: They didn't believe him when he said he'd been repeatedly stabbed.
8:50
Speaker 2: Now here's the video that has shocked the world, and
8:53
Speaker 2: just a warning, it is distressing. You've been stabbed whereabouts?
9:04
Speaker 6: Mate, Humbry put the hand in the cuff.
9:07
Speaker 2: Mate, handcuffed As he lay there dying, Henry repeatedly said
9:14
Speaker 2: he'd been stabbed. He told police that, but shockingly they
9:18
Speaker 2: didn't believe him, with the male officer saying I don't
9:22
Speaker 2: think so, mate. They did not provide medical aid, and
9:28
Speaker 2: Henry died before anyone called emergency services. Henry's final words
9:34
Speaker 2: captured on the police body worn video were I can't breathe,
9:39
Speaker 2: and while Henry was handcuffed, dig Well wasn't restrained at all.
9:45
Speaker 2: This is identity politics impacting policing. It meant an innocent
9:50
Speaker 2: boy didn't receive medical attention because of the color of
9:54
Speaker 2: his skin. It's a major problem. The killer's parents then
9:59
Speaker 2: came to the scene and were even able to take
10:02
Speaker 2: home the murder weapon, the knife would dig Weill was
10:07
Speaker 2: this week's sentenced to twenty one years in jail, and
10:11
Speaker 2: his mother has been charged with hiding the knife. She
10:14
Speaker 2: has some insentenced. Yet the public outcry over this is enormous.
10:19
Speaker 2: And here's the political reaction from British Prime Minister Keir Starmer.
10:24
Speaker 7: I have seen the body calm footage. It's harrowing. I
10:28
Speaker 7: felt sick watching it. It is absolutely right that the
10:32
Speaker 7: IOPC are looking at this. There are clearly serious questions
10:38
Speaker 7: that need to be addressed.
10:40
Speaker 2: And Starmer's first response was a bit softer here and
10:43
Speaker 2: the hardened his language after the outrage grew among the British.
10:49
Speaker 2: Nigel Farage has drawn parallels with the Black Lives Matter
10:52
Speaker 2: protests sparked by George Floyd's murder.
10:56
Speaker 6: The biggest fear a police officer now has going about
11:00
Speaker 6: his or her duty on the street is the fear
11:03
Speaker 6: of being reported for having acted in a way that
11:08
Speaker 6: was racially biased. That fear now greater than dealing with
11:12
Speaker 6: a dying man living on the ground. But I suggest
11:16
Speaker 6: the rest of us respond to this with pure cold rage, cold.
11:23
Speaker 2: Rage, and that's how many are feeling. The opposition leader
11:27
Speaker 2: Kemmy Badenoch, though she criticized Nija Farage for his response,
11:30
Speaker 2: saying this wasn't about division or color.
11:34
Speaker 8: This morning, I watched that body cam footage and I
11:37
Speaker 8: just kept thinking, well, if that was my boy, that
11:41
Speaker 8: his last moments, his last movements were spent in handcuffs.
11:45
Speaker 8: He knew he was dying, and he could see the
11:47
Speaker 8: confusion his attacker cleaning that he had been a racist.
11:52
Speaker 8: It's an awful, awful way for anyone to die. I
11:55
Speaker 8: don't want to hear about black lives matter. I don't
11:58
Speaker 8: want to hear about white lives matter. We all matter.
12:01
Speaker 8: Enough of this nonsense where we keep separating everybody and
12:04
Speaker 8: splitting people into different groups. We are descending into tribalism.
12:09
Speaker 2: And huge protests have already occurred over how badly Henry
12:13
Speaker 2: was treated. Now, Henry's family have said he didn't die
12:18
Speaker 2: with dignity. You can see his family there. They've described
12:21
Speaker 2: the painful moment they had the knock on the door
12:24
Speaker 2: to say he'd passed away, and they've called the actions
12:28
Speaker 2: of police inhumane and degrading. It's a grief, a loss,
12:33
Speaker 2: and an injustice they'll have to carry with them forever.
12:42
Speaker 2: I'm going to come back to National Security in Orcus
12:44
Speaker 2: with James Patterson later this hour, but right now let's
12:48
Speaker 2: bring in our regular Wednesday panel, former Victorian Liberal Party
12:51
Speaker 2: president Michael Kroger and Sky News' host Joe Hildebrand. Welcome
12:55
Speaker 2: to you both. I want to start with this extraordinary
12:59
Speaker 2: report today that some Australian bosses are hiring private investigators
13:04
Speaker 2: to check on work from home staff and this includes
13:07
Speaker 2: daw Knox, to see if they're actually working. Now, one
13:10
Speaker 2: private investigator said workers have been spending hours at the shops,
13:15
Speaker 2: at the beach, at the movies, at the gym while
13:17
Speaker 2: getting paid. Now, Michael, this issue with workers not actually
13:23
Speaker 2: working despite being paid, This is only going to get worse,
13:26
Speaker 2: isn't it. When Victoria and Premieer just into Allen's new
13:29
Speaker 2: laws mandating work from home two days a week take effect.
13:34
Speaker 9: Yeah, two days a week if you can reasonably show
13:37
Speaker 9: that you can work from home. So that rules out
13:40
Speaker 9: hundreds of thousands of Victorians like nurses and shopkeepers, people
13:47
Speaker 9: at work in the trades, people at work in restaurants.
13:51
Speaker 9: They can't work from home. So it's for a select few.
13:55
Speaker 9: But this is another productivity smashing idea at a time
13:59
Speaker 9: when the Victorian is in a complete shambles, basically bankrupt,
14:04
Speaker 9: massive government debts, and we're going to have just Cinder
14:07
Speaker 9: Allen running us further into debt as we get closed
14:10
Speaker 9: as the election, because you'll love for free everything, and
14:13
Speaker 9: what we can't afford is two more days of people
14:16
Speaker 9: working from home. I'm personally yet to be convinced that
14:19
Speaker 9: anyone working from home is working as productively as they
14:22
Speaker 9: would be when they were in the office. I mean,
14:25
Speaker 9: maybe I'm wrong, but I'm personally not convinced because I
14:28
Speaker 9: think the environment of an office is very productive to
14:31
Speaker 9: people working incredibly hard, and when you're at home, well,
14:34
Speaker 9: you can't help but being distracted by all of the
14:38
Speaker 9: things that happen around your house. So when productivity in
14:44
Speaker 9: the economy is being smashed. This is a very wrongheaded
14:47
Speaker 9: move by the Victorian government.
14:49
Speaker 2: Charry, I mean, Joe. At the core is there seems
14:52
Speaker 2: to be this attitude that people deserve to get paid
14:55
Speaker 2: even if they're going to the gym, and because it's
14:58
Speaker 2: popular and Justinta Allen is desperately behind in the polls,
15:02
Speaker 2: you know, she wants to introduce a populist policy even
15:05
Speaker 2: though it'll kill business.
15:07
Speaker 5: It's a stupid policy and it's absolutely idiotic, and it
15:10
Speaker 5: actually goes against the entire point that she seems to
15:14
Speaker 5: think that she's trying to make. Although obviously it's just
15:16
Speaker 5: a cheap political move after she saw what happened with
15:20
Speaker 5: the compulsory return to work proposed by Peter Dutton for
15:24
Speaker 5: Canbra public servants. But I think so the whole point
15:28
Speaker 5: is you let workers and their bosses decide what is
15:33
Speaker 5: the best way for both of them to be as
15:35
Speaker 5: productive as they can be. And that is why I
15:37
Speaker 5: think this move sending around private investigators to check up
15:40
Speaker 5: on people is also really creepy and or welly and
15:43
Speaker 5: just horrible. And I think it's probably absolutely replete with
15:47
Speaker 5: legal problems as well, like legal risks you just imagine,
15:51
Speaker 5: you know, I imagine if a private investigator taps on
15:53
Speaker 5: the door, looks in the window to see if you're
15:55
Speaker 5: really home, they see you coming out of the shower,
15:58
Speaker 5: and effectively you've you know, your employer has now vicariously
16:03
Speaker 5: seen you naked. I mean, that's just one scenario I
16:05
Speaker 5: thought of in sixty seconds.
16:07
Speaker 2: Extreme scenario.
16:09
Speaker 5: It could easily easily happen. I mean, this is the
16:11
Speaker 5: whole thing. What if your dog bites them? Do they
16:13
Speaker 5: then sue you? I mean, I think that's really really creepy,
16:17
Speaker 5: And again it defies the point. There's a very easy
16:19
Speaker 5: way to find out if your employee is being productive.
16:22
Speaker 5: What do they produce? Are they producing what they are
16:25
Speaker 5: expected to? If they are, it doesn't really matter whether
16:28
Speaker 5: they do it at home or at work. I like
16:31
Speaker 5: the idea of people going back to where I just
16:33
Speaker 5: spent a couple of days working in the city and
16:35
Speaker 5: it was just absolutely buzzing, and I loved it and
16:36
Speaker 5: it really powered me up. But again, there are some
16:38
Speaker 5: people who can't do that as easily. And I do
16:41
Speaker 5: a lot of writing from home and because it's easier,
16:44
Speaker 5: and again, if people think that I'm not writing enough,
16:46
Speaker 5: god knows who that would be because.
16:48
Speaker 2: Well, it's different in our jobs because there's clear performance indicators.
16:51
Speaker 2: You see what we produce. It's a little bit I think.
16:53
Speaker 5: I think other jobs it's probably even more clear. I mean,
16:56
Speaker 5: if you're doing clerical or administrative work, or you've got
16:58
Speaker 5: to produce a report, whether it's there or it's not,
17:00
Speaker 5: it's pretty simple.
17:01
Speaker 2: Yeah, all right, Well it's already tough for businesses, but
17:04
Speaker 2: then a labour's mudget, as we've been discussing, is going
17:07
Speaker 2: to make it so much worse. And now the RBA
17:09
Speaker 2: preparing for a property market downturn, and then we saw
17:13
Speaker 2: the Housing Minister Clara O'Neill basically just embarrass herself on
17:17
Speaker 2: television this morning. Have a look. Do you want house
17:20
Speaker 2: prices to go up or down?
17:21
Speaker 10: I want to see sustainable growth in house process up. Well,
17:25
Speaker 10: I don't think we want to see four hundred percent
17:27
Speaker 10: increases in house prices over the last twenty years because
17:30
Speaker 10: it's been key or that's been key too. Trying to
17:33
Speaker 10: ask your question, I'm trying to answer your question. I
17:36
Speaker 10: don't think we want to see a four hundred percent
17:38
Speaker 10: growth over twenty years, which is what we've seen, which
17:40
Speaker 10: has locked out probably millions of people around the country
17:43
Speaker 10: from getting the housing opportunities that they deserve. But I
17:45
Speaker 10: do want to see property prices grow. I want to
17:47
Speaker 10: see them grow sustainably for the country.
17:49
Speaker 2: Okay, although they're going down. Yeah, she clear as mud there, Michael.
17:55
Speaker 2: She was couldn't give a straight answer about whether the
17:59
Speaker 2: Albertezy government deliberately trying to crash the housing market. Certainly,
18:03
Speaker 2: if that happens, that's not great for our economy.
18:07
Speaker 9: Clearly they hope housing prices goes down. Although that interview
18:12
Speaker 9: said to everybody, it answered the question why you never
18:15
Speaker 9: put labor in charge of the economy, the budget, right, finances, Right,
18:19
Speaker 9: If you want to know why you should never put
18:21
Speaker 9: these people in charge, that's why. But look, here's what's
18:24
Speaker 9: happening in the housing market. House prices are now declining.
18:29
Speaker 8: Right.
18:29
Speaker 9: If you take a normal mortgage loan sixty six seventy
18:31
Speaker 9: sometimes seventy five percent, with mezzanine financing, you might get
18:35
Speaker 9: eighty percent, right, but a loaned evaluation ratio of sixty
18:38
Speaker 9: six percent is a reasonably good starting point for a mortgage.
18:42
Speaker 9: The banks have lent money under this five percent deposit
18:45
Speaker 9: scheme at ninety five percent right, banks never do that,
18:49
Speaker 9: and what happens when So if they've led ninety five
18:51
Speaker 9: percent of a million dollars nine hun and fifty on
18:54
Speaker 9: a million dollar property, if that property drops five percent
18:57
Speaker 9: in value, not only is the owner's fifty percent gone,
19:01
Speaker 9: But the banks in due course, when they stress test
19:03
Speaker 9: their mortgage loans, if they're being honest, well, then demand
19:06
Speaker 9: that you put up another forty eight thousand to cover
19:09
Speaker 9: the mortgage. So when prices drop, the banks have to
19:13
Speaker 9: reassess their loan books. Now it's a bit great them
19:15
Speaker 9: and it with Apple about when they have to do
19:17
Speaker 9: this stress testing. But by and large, the banks want
19:20
Speaker 9: a level and five billion dollars to these poor people
19:23
Speaker 9: who have basically had their five percent wiped out. The
19:25
Speaker 9: single parents have invested two percent that's already been wiped out,
19:29
Speaker 9: plus the stamp duty. You're going to see. You're going
19:33
Speaker 9: to see the banks selling up properties in due course,
19:36
Speaker 9: and very quietly amongst these poor people who have been
19:38
Speaker 9: induced on the five percent deposit scheme. If house prices
19:42
Speaker 9: go down much.
19:42
Speaker 2: Further, Shari, it's going to be an absolute nightman. Then
19:45
Speaker 2: there's the whole issue of negative equity. Absolutely, absolutely shocking.
19:50
Speaker 2: Joe actually want to ask you though that, I mean,
19:52
Speaker 2: the budget is so bad, all of these unintended consequences,
19:55
Speaker 2: including in the property market. Yet now labor and peas
19:58
Speaker 2: are being asked.
19:59
Speaker 5: To Yeah, that is not going to go down, right, It's.
20:02
Speaker 2: To find an advertising campaign. So the answer isn't actual
20:05
Speaker 2: consultation because they're only doing two days of consultation. Their
20:08
Speaker 2: answer is to have an advertising campaign.
20:11
Speaker 5: Yeah. I actually just spoke to a very senior foremat
20:14
Speaker 5: just left, actually format extremely senior labor advisor about this.
20:17
Speaker 5: And again the common reaction among the sensible people that
20:21
Speaker 5: I talked to is simply, WTF, What on earth is
20:24
Speaker 5: this government thinking? And you can see from all the
20:27
Speaker 5: mixed messages that they don't actually know what it is
20:30
Speaker 5: they are trying to sell. I mean again, if you
20:32
Speaker 5: are going to drag MPs money out of their back
20:35
Speaker 5: pockets or taxpayer money out of MP's back pockets and
20:38
Speaker 5: say go and sell this, well, what is the message?
20:40
Speaker 5: Do you want house prices to go up or do
20:42
Speaker 5: you want them to go down? Now you only have
20:43
Speaker 5: to look at the budget to know what it's going
20:46
Speaker 5: to do to house. What the Treasury thinks it's going
20:47
Speaker 5: to do to house prices, which is keep them going up,
20:50
Speaker 5: but a tiny fraction less than what they were already
20:55
Speaker 5: going to go up by. I think it was something.
20:56
Speaker 5: It was a tiny amount like of one or two
20:58
Speaker 5: percent something. Absolutely rich.
21:00
Speaker 2: Treasure is getting it wrong because on.
21:03
Speaker 5: The ground, so even all this pain or anxiety is
21:07
Speaker 5: not going to make any difference. And then on the
21:08
Speaker 5: ground people are saying no, actually the floor is going
21:11
Speaker 5: to fall out of it. Now. If this was all
21:12
Speaker 5: about boosting housing affordability, which was the government's initial raised
21:17
Speaker 5: on DEBTRA, you would say, oh, it's working even better
21:20
Speaker 5: than we thought. Look, everybody isn't that great. House prices
21:23
Speaker 5: are coming down, so more and more young people that
21:25
Speaker 5: can't come into the market. And then of course you
21:26
Speaker 5: have people in the industry saying this would actually be
21:29
Speaker 5: disastrous for all the people who have taken your five
21:30
Speaker 5: percent loan and blah blah blah blah blah, and this
21:32
Speaker 5: is terrible for people who's the main prime industry, which
21:35
Speaker 5: just goes to show they haven't actually thought through more
21:37
Speaker 5: than one step in advance the potential consequence of what
21:40
Speaker 5: they did. And I do not want to join in
21:42
Speaker 5: the kicking, you know, as they say, never kick a
21:44
Speaker 5: dog when it's down unless it's showing signs by getting.
21:46
Speaker 2: Back the less get a better outcome.
21:51
Speaker 5: Enter that quote by Michael Egan is unless it's showing
21:54
Speaker 5: signs of getting back up again. And this is a
21:56
Speaker 5: budget that is really, really bad. I've heard people say
21:59
Speaker 5: this would be the government's work choices except after two
22:02
Speaker 5: election victories instead of four. And my great fear is
22:07
Speaker 5: that the people who have designed it and have backed it,
22:11
Speaker 5: and who clearly can't sell it, and have gotten to
22:13
Speaker 5: the point where Treasury and the Treasurer are looking like
22:15
Speaker 5: we're contradicting each other, even though they were both saying that.
22:19
Speaker 2: All right, I don't think gets it okay, but we've
22:20
Speaker 2: got to go. But I want to get to Michael,
22:22
Speaker 2: because I know you've got something to say, Michael about
22:24
Speaker 2: this whole ABC digging in behind Grace Tame. You know
22:28
Speaker 2: Grace Tame who said we should be globalizing the inter
22:31
Speaker 2: fighter in Sydney rewarded with a.
22:34
Speaker 9: Podcast and Senator. Not only was what she said appalling,
22:39
Speaker 9: but the venom and hatred with which she said at Chari, yeah,
22:43
Speaker 9: and that was such hatred spewing from her mouth. And
22:46
Speaker 9: then the next study to deny the rape of women
22:50
Speaker 9: on October seven. I mean, this is these are the
22:52
Speaker 9: views of an extremist.
22:53
Speaker 1: But what happens.
22:54
Speaker 9: The ABC kicks sand in the face of every Australian
22:56
Speaker 9: by hiring Grace Tame. You've got to be kidding me.
22:59
Speaker 9: You know, occasionally in life things happen which break the
23:02
Speaker 9: camel's back, and this is the straw that might break
23:05
Speaker 9: the back of the ABC. The ABC spends one point
23:08
Speaker 9: four billion dollars a year, one point three billion from
23:11
Speaker 9: the government and one hundred billion in revenues from selling programs, etc.
23:16
Speaker 9: No one on the center right of Australian politics trusts
23:19
Speaker 9: the ABC any longer. They've had enough. They do not
23:21
Speaker 9: trust the ABC. Hanson has made clear she wants to
23:25
Speaker 9: close down the Sydney ABC headquarters. I'll tell you a
23:28
Speaker 9: lot of Liberal voters will always still vote Liberal, but
23:31
Speaker 9: they agree with her policy on that. I think people
23:34
Speaker 9: in the center right have had enough for the ABC.
23:37
Speaker 9: This Grace Tam appointment is disgusting, It is outrageous. It
23:40
Speaker 9: makes Kim Williams look like a total fool, given his
23:43
Speaker 9: ridiculous interview last week. Grace Tame, of all people after
23:47
Speaker 9: what she said. The ABC social license is in serious jeopardy,
23:51
Speaker 9: I think, and under center right government going forward, boy,
23:57
Speaker 9: it's going to be teetering. And by the way, you
24:00
Speaker 9: need to fight the Albanezy loses his majority. By the way,
24:02
Speaker 9: with a five point one percent swing, that's all five
24:05
Speaker 9: point one percent swing. At the election next year, he
24:08
Speaker 9: loses his majority in the House of Reps. And he's
24:11
Speaker 9: not far from that if you have a look at
24:12
Speaker 9: the polling.
24:13
Speaker 2: Yeah. Interesting, all right, Michael Kroger, Joe Hitdebrang, thank you
24:16
Speaker 2: very so much. Well, I really want to drill down
24:19
Speaker 2: into this housing crisis issue because it is incredibly important
24:23
Speaker 2: and we are hearing that it could be about to
24:26
Speaker 2: turn into a housing collapse. There's fresh warnings that prices
24:29
Speaker 2: will fall sharply as a result of the toxic budget.
24:32
Speaker 2: So for a bit more detail, I'm joined now by
24:34
Speaker 2: real estate market analyst and industry veteran Tom Panos. Tom,
24:38
Speaker 2: thank you very much joining me. Now, what have you
24:43
Speaker 2: noticed on the ground in the property market since the
24:46
Speaker 2: budget was hounded down about a month ago.
24:49
Speaker 11: So since the budget, prices were going down before the budget,
24:53
Speaker 11: so let's be very clear. But since the budget, what
24:55
Speaker 11: I've noticed is that there's been a bit of a gridlock.
24:58
Speaker 11: People are saying, let's wait and and that's created I think, Shari,
25:02
Speaker 11: the best way to call it as a hesitancy market.
25:06
Speaker 11: People are not moving and as you indicated earlier on
25:09
Speaker 11: I was listening in, it's creates a gridlock. Conveyances get impacted,
25:14
Speaker 11: the mortgage brokers get impacted, removalists get impacted, the government
25:18
Speaker 11: gets impacted. I mean they don't realize state duty exactly,
25:21
Speaker 11: a major contributor to the revenue of the government that
25:24
Speaker 11: actually comes to a stop. So the truth is we've
25:27
Speaker 11: been having a market that's been going down since then,
25:30
Speaker 11: but since the budget it's probably got worse.
25:32
Speaker 2: We heard that the clearance rates in Sydney just on
25:36
Speaker 2: the weekend we're probably about fifty percent, I mean, the
25:39
Speaker 2: lowest since the COVID pandemic.
25:41
Speaker 11: Correct, they were. It's actually got the same, Shari, It's
25:44
Speaker 11: got the same feeling and had that March twenty twenty
25:47
Speaker 11: period where you felt like something bad is happening here
25:50
Speaker 11: and people were panicking, and that's reflected in the numbers.
25:54
Speaker 11: And when you see a clearance R eight on the weekend,
25:56
Speaker 11: don't forget that gets revised down by Tuesday Wednesday when
25:59
Speaker 11: they've got more results, because we call that the preliminary
26:02
Speaker 11: careerance rate. By come tuesday's probably dropped another five seven
26:06
Speaker 11: percentage points. So we are at the lowest clearance rates
26:10
Speaker 11: we've had for quite some time.
26:12
Speaker 2: And you remember you refer to March twenty twenty the
26:14
Speaker 2: last time it was this bad. Well, of course, that
26:17
Speaker 2: was when we were all starting to go into lockdown.
26:19
Speaker 2: I mean, that's how bad it is now just as
26:22
Speaker 2: a result of a federal budget. It's quite extraordinary, it is.
26:25
Speaker 2: It is.
26:26
Speaker 11: Having said that, as I said to you, it was
26:28
Speaker 11: the interest rates had actually created issues leading up to it.
26:32
Speaker 11: But all of a sudden we've just got this panicing
26:35
Speaker 11: people and they're saying, I'm having real estate agents telling
26:37
Speaker 11: me that they've been open for inspections where they've had
26:40
Speaker 11: no buyers for three weeks.
26:42
Speaker 2: Wow right, wow. And the issue is that about I
26:45
Speaker 2: looked at the stats yesterday when I was doing my research.
26:47
Speaker 2: In about two thirds of Australian households own their own
26:51
Speaker 2: home or owner property. So that's millions and millions of Australians.
26:55
Speaker 2: Their home is their greatest asset. No one wants their
26:59
Speaker 2: greatestt to decline in value.
27:01
Speaker 11: Absolutely. Ninety nine percent of people's wealth that own a
27:05
Speaker 11: property is in their property right. So what you're sort
27:07
Speaker 11: of saying to them is you're about to get really,
27:10
Speaker 11: really poor. And you've got to remember a lot of
27:12
Speaker 11: these people have sweated very hard to actually get that
27:15
Speaker 11: property and then to pay it off. And I've got
27:18
Speaker 11: to tell you Shari on the week and it was
27:20
Speaker 11: so sad because I had a number of people that
27:22
Speaker 11: were sellers and they've bought elsewhere and because of what's
27:25
Speaker 11: happened now with the budget, there's a gridlock and they're
27:27
Speaker 11: saying to me, Tom, I'm going to end up with
27:29
Speaker 11: two houses. I can't afford bridging finance. It is very
27:32
Speaker 11: very sad.
27:33
Speaker 2: That's really really sad. I just want to show you
27:36
Speaker 2: something that the Housing Minister Clara O'Neil said in question
27:39
Speaker 2: time today because she was asked a very basic question
27:43
Speaker 2: in Parliament, where the building a growny flat means that
27:46
Speaker 2: property can be negatively geared no straight answer.
27:51
Speaker 4: If someone builds a new second dwelling on an existing title,
27:56
Speaker 4: is the whole title now considered a new dwelling.
27:58
Speaker 10: A new dwelling is one that guinely adds new to
28:01
Speaker 10: housing supply.
28:03
Speaker 5: Order.
28:07
Speaker 2: So Tom apparently the budget explainer clarifies that granny flats
28:11
Speaker 2: and knockdown rebuilds or extensions don't qualify. But the issue
28:15
Speaker 2: here is uncertainty. No one really knows what the rules are.
28:19
Speaker 11: Yeah, and that is part.
28:20
Speaker 2: Of cleaning the minister.
28:21
Speaker 11: By the way, I'm very surprised at that, to be
28:22
Speaker 11: honest with you, because a granny flat, my understanding, is
28:27
Speaker 11: not included. So the problem that we have, Shahi, at
28:32
Speaker 11: the moment, the hesitancy is people don't want to act
28:36
Speaker 11: because they don't know what the law is going to
28:38
Speaker 11: be in three months time, in six months time. They're
28:41
Speaker 11: not sure what carve out how it's all affecting people.
28:44
Speaker 11: So when that happens and people have no clarity, they
28:47
Speaker 11: do nothing, and doing nothing is not good for Australia.
28:50
Speaker 2: I mentioned earlier in the show that you know there
28:52
Speaker 2: was some new figures from Westpac that said they expect
28:56
Speaker 2: property transactions to drop by twenty percent. I mean this
29:00
Speaker 2: has a big flow and effect for the broader economy
29:02
Speaker 2: as well.
29:03
Speaker 11: Absolutely, So it's really interesting because Shari, most people in
29:06
Speaker 11: the talking real estate are looking at values. I look
29:08
Speaker 11: at volumes. Volumes are a very big indicator because volumes
29:11
Speaker 11: tell you what's about to happen next. If volumes slow down,
29:16
Speaker 11: that means that we have an ecosystem, we have a
29:19
Speaker 11: domino effect that comes to a stop, right, and that
29:22
Speaker 11: is concerning. I must concern with volumes as I am
29:25
Speaker 11: with prices, particularly with prices with that vulnerable cohort of
29:29
Speaker 11: people that we were talking about, the ninety five percent borrowers.
29:32
Speaker 11: They're the ones that I'm really concerned about because at
29:35
Speaker 11: a young age, if you get wiped off, if you
29:37
Speaker 11: end up having a home worth nine hundred but you
29:40
Speaker 11: owe a million dollars, it's going to take a long
29:42
Speaker 11: time for you to make up that life. If you're
29:43
Speaker 11: in your twenties and thirties, that you know, you get
29:46
Speaker 11: really really your disadvantage for the rest of your life.
29:50
Speaker 11: But at the moment, Shari, we're facing headwinds that I
29:53
Speaker 11: have not seen for a very long time.
29:56
Speaker 2: It's extremely worrying. Tom Patters, thank you very much for
29:59
Speaker 2: being so much Shari. All right. Still to come is
30:02
Speaker 2: the Albanezy government to blame for Trump slapping higher tariffs
30:06
Speaker 2: on Australia, Plus Pauline Hanson set to go deep in
30:10
Speaker 2: the Canberra bubble and face her worst enemies. I'll give
30:14
Speaker 2: you more details after the break.
30:19
Speaker 9: Well.
30:19
Speaker 2: Pauline Hanson has gone from a fringe political figure to
30:23
Speaker 2: it seems now a fully fledged threat to the Prime Minister,
30:27
Speaker 2: and she's said to face her biggest critics, in fact,
30:30
Speaker 2: her worst enemies. She'll address the National Press Club in
30:34
Speaker 2: a couple of weeks for the first time in her
30:36
Speaker 2: thirty year plus career, and just tonight earlier with Steve Price,
30:41
Speaker 2: Pauline Hanson described veteran political journalist Paul Kelly as a fool.
30:48
Speaker 12: I and my party and my team around me, i'd say,
30:54
Speaker 12: have been driving the agenda. Why do you think they're
30:57
Speaker 12: picking up a lot of my policies. So if you
31:00
Speaker 12: don't think I've got answers, you're a fool.
31:04
Speaker 2: And joining me now is Institute of Public Affairs chief
31:06
Speaker 2: economist Adam Crichton. Adam, thank you very much for your time,
31:09
Speaker 2: and of course her criticism of Paul Kelly was in
31:12
Speaker 2: response to his very harsh column on her today in
31:17
Speaker 2: the newspaper. So, Adam, Pauline Hanson, first time in thirty years,
31:21
Speaker 2: she'll be facing the National Press Club, she's going to
31:24
Speaker 2: have a hostile reception.
31:27
Speaker 3: Look, she certainly will, but the striking thing to me
31:29
Speaker 3: is that she hasn't spoken there already in thirty years.
31:32
Speaker 3: I mean, she's probably the most famous politician in Australia.
31:35
Speaker 3: She's been very influential for a long time. And surely
31:38
Speaker 3: that just goes to the leftist elitism of the National
31:41
Speaker 3: Press Club that they've never invited her before. So that's
31:44
Speaker 3: the first point I would make. The second point, I
31:46
Speaker 3: think it's a great thing that she's doing it. I
31:48
Speaker 3: think it's from her point of view she needs to
31:51
Speaker 3: give a good economic speech, I would say, because that
31:54
Speaker 3: is her weakest link. And just on Paul Kelly's comments,
31:58
Speaker 3: you know, the government is starving the minor parties and
32:00
Speaker 3: especially one Nation of staff and advisors, so she doesn't
32:04
Speaker 3: have the same level of support that the other parties,
32:07
Speaker 3: the other party leaders have. I mean, you know, do
32:09
Speaker 3: you think Anthony Alberisi's vastly more intelligent than Pauline Hanson?
32:13
Speaker 3: I mean no, no, certainly no. Anthony Alberzi has about
32:17
Speaker 3: sixty sixty staff, sixty staff on three hundred thousand dollars
32:21
Speaker 3: a year or something. Like that, right she has you know,
32:23
Speaker 3: she has almost none, so it's not a level playing field.
32:26
Speaker 3: Let's just see how she goes. It's going to be
32:28
Speaker 3: a very interesting speech. And if I was her advisor,
32:30
Speaker 3: I'd say focus on economics.
32:33
Speaker 2: No one's ever accused that I've been easy of having
32:35
Speaker 2: a great intellect, Adam, that's for sure, But you know,
32:38
Speaker 2: I do understand. Look, I think it's a good thing
32:41
Speaker 2: that there's been such a strong reaction behind Pauline Hanson
32:46
Speaker 2: because it gives the major political parties a wake up
32:48
Speaker 2: call and makes them have a look at their policies.
32:52
Speaker 2: But I also agree with paul Kelly and that there
32:54
Speaker 2: does need to be scrutiny of her. If she's getting
32:57
Speaker 2: about one third of the primary vote, which is where
33:00
Speaker 2: the latest polls are putting at her, just under that,
33:03
Speaker 2: then there does need to be scrutiny of her policies.
33:07
Speaker 3: Well, yes, there does. I would say that there is scrutiny.
33:09
Speaker 3: I mean I think I would almost say there's more
33:11
Speaker 3: scrutiny of hers than of the labor parties or the
33:14
Speaker 3: Liberal parties or the national parties. So I mean it
33:16
Speaker 3: isn't that affair comment. I mean, she's certainly said a
33:18
Speaker 3: lot of things. If you go to their website, there's
33:20
Speaker 3: a lot of policies and you can argue that they're
33:22
Speaker 3: just sound bites or whatever, but they've made statements, and
33:26
Speaker 3: I would say for a tiny outfit. Still sure they
33:28
Speaker 3: have thirty percent the probably vote, but that is not
33:31
Speaker 3: reflected at all in their staffing.
33:32
Speaker 5: Question.
33:33
Speaker 3: There's still a small party with a handful of members,
33:36
Speaker 3: probably twenty five staff. It's not a lot of people.
33:40
Speaker 3: So you know, I'm just I'm not necessarily sticking up
33:43
Speaker 3: for her. I'm just saying it's not a level playing
33:44
Speaker 3: field at all.
33:46
Speaker 2: I think there's a lot of scrutiny of Pauline as
33:48
Speaker 2: the individual, but not necessarily of her policies and what
33:52
Speaker 2: she's putting forward. Adam, I want to ask you about
33:54
Speaker 2: the Trump administration threatening Australia with an extra twelve and
33:58
Speaker 2: a half percent tariff. I mean, now this is on
34:01
Speaker 2: top of the ten percent tariff's already announced. Now Washington
34:04
Speaker 2: has accused Australia of failing to stop goods made with
34:07
Speaker 2: forced labor coming into the country. I have to say,
34:10
Speaker 2: this surprised me. What can you tell us about this?
34:13
Speaker 3: Look, well, look it certainly surprised me too. I assume
34:16
Speaker 3: it's manufactured goods from China, which of course we import vast,
34:21
Speaker 3: vast quantities from, and of course the US does not
34:23
Speaker 3: have the best of relationships with China, and so I
34:27
Speaker 3: think the tariff thatt is indirectly it's aimed at China,
34:31
Speaker 3: not Australian necessarily. There were some forty five countries I
34:34
Speaker 3: believe who were thrown in that group. And as you say,
34:36
Speaker 3: this comes on top of the ten percent, could be
34:38
Speaker 3: twenty two and a half percent. You know, we export
34:41
Speaker 3: about twenty five billion I think of exports to the
34:44
Speaker 3: US a year, So this is going to be another
34:45
Speaker 3: two and a half billion dollar tax potentially on Australian exporters.
34:49
Speaker 3: There's not a great thing, but I would you know,
34:50
Speaker 3: i'd forecast we're probably not going to face it.
34:53
Speaker 2: But if they're saying forced labor, then that can't just
34:56
Speaker 2: be from China. That's going to be products coming originally
34:58
Speaker 2: from Shingxi, where there are accusations of slave labor. I
35:03
Speaker 2: just want to move on to the economy before we
35:05
Speaker 2: have to go with you, because it has now slowed sharply.
35:08
Speaker 2: The march quater GDP growth sinking to just zero point
35:11
Speaker 2: three percent. This is below market expectations, while productivity actually
35:16
Speaker 2: went backwards by zero point six percent. Have a listened
35:20
Speaker 2: to what the treasure I had to say.
35:22
Speaker 7: This is very solid in the circumstances.
35:25
Speaker 5: Our economy's got no shortage of challenges, but it's also
35:29
Speaker 5: got some very sturdy foundations. And you can see that
35:32
Speaker 5: in today's data.
35:34
Speaker 2: I showed the front cover early of the Nightly of
35:36
Speaker 2: putting lepsick on a pig, which is this is what
35:39
Speaker 2: it was relating to. But Adam, you've actually done new
35:42
Speaker 2: research showing that per capita GDP has now gone backwards
35:46
Speaker 2: in ten of the fifty four quarters under alban Easy.
35:50
Speaker 3: Yeah, look, that's extremely embarrassing, and you're quite right. So
35:53
Speaker 3: in two thirds of the time that there have been
35:55
Speaker 3: in government, our incomes per person have been shrinking. And
35:57
Speaker 3: there is no government since Fraser probably ever, I would say,
36:00
Speaker 3: actually maybe going back to the Great Depression, there's been
36:03
Speaker 3: no government that has overseen something this bad. I mean
36:06
Speaker 3: during the hawk Keeping government, during the Howard government, per
36:08
Speaker 3: capita GDP went up about thirty percent. Since twenty twenty
36:12
Speaker 3: two it's gone down point five percent. So that's the
36:15
Speaker 3: net results. You know, from four years, we're all poorer,
36:18
Speaker 3: and that is a very rare fact. And it's likely
36:21
Speaker 3: to continue.
36:21
Speaker 2: Especially with this budget and this tax package.
36:23
Speaker 3: The economy will slow further. So if I was a treasurer,
36:26
Speaker 3: I'd be very worried. US legacy is going to be
36:29
Speaker 3: very bad.
36:29
Speaker 2: I would say so, just very quickly. So you're saying
36:32
Speaker 2: this is the worst set of economic numbers since digitized
36:35
Speaker 2: records began in the early seventies, Yeah, certainly that is true.
36:39
Speaker 3: If we look at the past four years, it's extremely bad,
36:41
Speaker 3: and we should be looking at per person, not the
36:44
Speaker 3: headline figure.
36:45
Speaker 2: Agreed. Agreed, because it's how people feel. Adam Crichton, Thank
36:47
Speaker 2: you so much. All right, coming up Richard Miles's extraordinary
36:52
Speaker 2: claim that migration rhetoric is making Australia less safe. James
36:55
Speaker 2: Patterson will be on the show. Plus we'll hear from
36:58
Speaker 2: former IDF spokesman Jonathan about just how true those reports
37:03
Speaker 2: are of the fiery phone call between Trump and Bibbi.
37:06
Speaker 2: That's all coming up. Well, there's been a lot of
37:13
Speaker 2: domestic pressure on his radio, Prime Minister Benjaminette and Yahoo
37:17
Speaker 2: after the reports about his fiery phone call with Donald
37:20
Speaker 2: Trump and joining me now to discuss is senior fellow
37:23
Speaker 2: at the Foundation for Defensive Democracies, Jonathan Conricus. Jonathan, great
37:28
Speaker 2: to see you. Now. Firstly, what do we know of
37:31
Speaker 2: this phone call between the pair? What is true and
37:35
Speaker 2: what's been exaggerated?
37:38
Speaker 1: Yeah, Hi, thanks for having me on Cherry. You know,
37:42
Speaker 1: there's a lot of reports. Obviously I wasn't on the call,
37:44
Speaker 1: so or rely on reports, and I think that the
37:47
Speaker 1: bottom line, having heard and listened to and read a
37:50
Speaker 1: lot of reports, is that it was indeed a heated
37:53
Speaker 1: conversation between the two leaders, and it suggests that there
37:58
Speaker 1: is certain strain and different sferences of opinion between where
38:02
Speaker 1: the US stands and where Israel stands. And I think
38:04
Speaker 1: that the more meaningful part of it isn't you know
38:07
Speaker 1: what words were used and what was the tone. But
38:10
Speaker 1: I look at the consequences on the ground for Israelis
38:13
Speaker 1: living in northern Israel, for people living in Lebanon, and
38:16
Speaker 1: for the region. And what Israel is trying to do
38:19
Speaker 1: is to defend itself against aggression by Ribalah in Lebanon.
38:24
Speaker 1: The Lebanese government is saying, we don't want Chris Ballad
38:28
Speaker 1: to continue to fire against Israel. Israel is saying, as
38:31
Speaker 1: long as Chris Balad fires at northern cities, we are
38:35
Speaker 1: going to retaliate, We're going to fight back, and we're
38:37
Speaker 1: going to make his Balad pay a price. And what
38:40
Speaker 1: the Iranians are saying is we want Chris Ballad to
38:44
Speaker 1: be part of any international ceasefire deal between the Iranians
38:49
Speaker 1: and the Americans, to which Israel is responding that, no,
38:52
Speaker 1: that's not going to happen because it's a totally separate issue.
38:55
Speaker 1: That's the context of the conversation. And we understand that
38:59
Speaker 1: the US president so then wants to go ahead with
39:02
Speaker 1: the deal with the Iranians, and therefore he doesn't want
39:04
Speaker 1: interference in or things in Lebanon happening that might throw
39:09
Speaker 1: off the balance. That's the context. Not a good situation.
39:14
Speaker 2: Well, this is the issue though, right Iran is funding
39:17
Speaker 2: and even ordering its proxy Hesbalad to attack Israel. It
39:21
Speaker 2: does it to such an extent that Israel has to respond.
39:24
Speaker 2: Iran then uses that as an excuse to say, oh,
39:26
Speaker 2: we can't sign a deal with the US, and then
39:29
Speaker 2: Trump fires up at Israel.
39:32
Speaker 1: Yes, And in addition to that, if we look at
39:34
Speaker 1: the general state of play. Risbala, which used to be
39:39
Speaker 1: a very powerful foreign entity in Lebanon, is the weakest
39:44
Speaker 1: that it has ever been. As you remember, they attacked
39:48
Speaker 1: Israel on October eighth, twenty twenty three. They joined in
39:52
Speaker 1: the Hamas attack against Israel and unilaterally attacked Israel. There
39:57
Speaker 1: was no fighting between Israel and Lebanon on octob eight,
40:00
Speaker 1: twenty three, and his Bala starts of the war. Since then,
40:03
Speaker 1: it's been ongoing fighting and now his Bala finds itself
40:07
Speaker 1: the weakest that it has ever been. To which Israel,
40:11
Speaker 1: it's saying, now is the time of opportunity to finally
40:15
Speaker 1: rid ourselves of this Iranian threat on our doorstep. To
40:18
Speaker 1: put things into perspective, there are tens of thousands of
40:22
Speaker 1: Israelis living in northern Israel who are under constant rocket
40:25
Speaker 1: attacks and drown attacks by Lebanon, and Israelis want that
40:29
Speaker 1: to stop.
40:30
Speaker 2: So the attitude in Israel because we saw today in
40:33
Speaker 2: ft Ali, Bennett came out and said that the Israeli
40:36
Speaker 2: government has lost control of Israeli sovereignty. And then his
40:40
Speaker 2: now coalition partner Yale Epid essentially accused NED and Yahoo
40:44
Speaker 2: of allowing America to dictate Israeli military policy. So is
40:49
Speaker 2: the sentiment on the ground that Israel should continue to
40:53
Speaker 2: attack Hezblah and Iran as well.
40:57
Speaker 1: Yes, I would say generally speaking that the sentiment is
41:00
Speaker 1: one that demands of the is Raedi government to do
41:05
Speaker 1: its job and to create the international and diplomatic conditions
41:10
Speaker 1: to allow the IDF to effectively defend Israeli civilians and
41:15
Speaker 1: is Radi sovereignty. And Israelis are frustrated by the fact
41:18
Speaker 1: that this Iranian proxy hizbala is using Lebanon, is firing
41:23
Speaker 1: rockets and drones from Lebanon at Israel, and it does
41:26
Speaker 1: it under the diplomatic and military umbrella that the Iranian
41:30
Speaker 1: regime has fixed for it. And a lot of people
41:34
Speaker 1: are frustrated. But you know, I think that when we
41:37
Speaker 1: look at if we take things into perspective and look
41:40
Speaker 1: at the bigger picture here, the Iranian regime, its proxies
41:45
Speaker 1: and all of its error organizations, they are in deep trouble.
41:49
Speaker 1: A lot of people around the world don't understand this,
41:51
Speaker 1: but because they believe Iranian propaganda, which is pretty effectively
41:56
Speaker 1: propagated in Western media. Exact, the Iranian regime is in trouble.
42:00
Speaker 1: Riz Balan is in trouble, and there are good things
42:03
Speaker 1: around the corner for the Iranian people, for the Middle East,
42:07
Speaker 1: and also for Lebanon and for Israel. If we only
42:10
Speaker 1: stick to it and actually defeat ris Balan, defeat the Iranians,
42:14
Speaker 1: very good things can happen in the region. And I
42:16
Speaker 1: hope that the American President and the establishment will go
42:20
Speaker 1: this way and not give way to a mediocre deal
42:23
Speaker 1: that will allow the Iranian regime to strengthen itself and
42:26
Speaker 1: stay alive.
42:28
Speaker 2: Well, it doesn't seem like the US president has any
42:31
Speaker 2: appetite at all to return to war, but you know,
42:34
Speaker 2: I'm not surprised the mainstream media is swallowing this Iranian
42:37
Speaker 2: propaganda because they prefer to buy into Iranian propaganda. Then
42:41
Speaker 2: actually admit that Trump and Enna, who have had some
42:45
Speaker 2: success in Iran. Right, Jonathan Conrich is, thank you very
42:48
Speaker 2: much for your time. Don't go anywhay yet. James Patterson
42:52
Speaker 2: joins me next on how some of the Albanzi government
42:55
Speaker 2: want to tear up our Orcas agreement, and he has
42:57
Speaker 2: breaking news on this right now, fresh from Senate estimates.
43:01
Speaker 2: That's next. Okay, We've got some big breaking news now
43:07
Speaker 2: on what's behind this downgrade in the submarines and for
43:11
Speaker 2: more Shadow Defense Minister James Patterson joins me live from Canberra. James,
43:16
Speaker 2: you've just been in Senate Estimates and you've had some
43:19
Speaker 2: big news about why exactly we're getting used and not
43:22
Speaker 2: new submarines. Tell us what you've learned.
43:25
Speaker 13: That's right, Charry. So I've just been questioning the Director
43:28
Speaker 13: General of the Australian Submarine Agency, Vice Admiral Jonathan Meade,
43:32
Speaker 13: and he just disclosed that the Australian government has been
43:35
Speaker 13: lobbying the US administration for eighteen months for Australia to
43:39
Speaker 13: get three what they call in service but as you say,
43:43
Speaker 13: used submarines from the United States, rather than two in
43:47
Speaker 13: service submarines and one new submarine straight off the production line.
43:51
Speaker 13: Admiral Meade said that it has always been our preference
43:53
Speaker 13: that we have this, and we've been having what he
43:55
Speaker 13: called intense discussions with the United States for eighteen months
43:59
Speaker 13: to try and persuade them to give them to us. Now,
44:01
Speaker 13: there are plausible reasons why you would prefer to have
44:05
Speaker 13: three of the same type of Virginia class submarine that
44:08
Speaker 13: had all been in service and were being transferred as
44:11
Speaker 13: a mature platform to Australia. But the problem is that
44:13
Speaker 13: the Albanesi government has been telling us for the last
44:16
Speaker 13: three years that their previous plan to get those two
44:19
Speaker 13: in service and one new submarine was the optimal pathway. Well,
44:24
Speaker 13: it can't be the optimal pathway if actually we would
44:27
Speaker 13: have preferred all this time to have had three in
44:29
Speaker 13: service because of all the benefits of that.
44:32
Speaker 2: There's also a lack of transparency over this. I mean,
44:35
Speaker 2: you've had to come at this information through what I
44:38
Speaker 2: assume was rigorous interrogation through a Senate estimates process. This
44:43
Speaker 2: entire time, we thought we were being dudded by America,
44:45
Speaker 2: but in fact it's been Australia that's pushed for this.
44:49
Speaker 13: This is the heart of the problem, Shari and the
44:52
Speaker 13: Albanzi government is not earning social license for UCAS, which
44:55
Speaker 13: is a critically important project which I support, by failing
44:59
Speaker 13: to be transparent and open and to make the case
45:01
Speaker 13: to their own supporters and the Australian people as to
45:04
Speaker 13: why we need AUCUST and whyatt's in the national interest,
45:07
Speaker 13: and when they play tricky games like pretending that we
45:10
Speaker 13: have an optimal pathway, when really, it isn't optimal from
45:13
Speaker 13: Australia's point of view, springing a major change on the
45:16
Speaker 13: Australian people in a one sentence statement over the weekend
45:20
Speaker 13: with the Secretary of War Pete Hegseth and the UK
45:23
Speaker 13: Secretary of Defense and then failing to follow up until
45:27
Speaker 13: it is dragged out of them. It just breeds cynicism,
45:30
Speaker 13: It breeds distrust and we can't afford that on a
45:33
Speaker 13: multi generational project that we have to sustain political support
45:36
Speaker 13: for for decades.
45:38
Speaker 2: Your opposite number, Defense Minister Richard Miles is now also
45:41
Speaker 2: claiming that rhetoric on migration is somehow making our nation
45:45
Speaker 2: less safe. Here's what he ought to say.
45:49
Speaker 14: But for those who attempted to walk down a path
45:52
Speaker 14: of xenophobia, it not only undermines our social cohesion, fundament
46:00
Speaker 14: mentally makes us less safe.
46:04
Speaker 15: Your response to this, James, well, if Australia genuinely had
46:09
Speaker 15: a racist or xenophobic immigration policy, or if the coalition
46:13
Speaker 15: who assume he might have been talking about was advocating
46:15
Speaker 15: for one, then that could be a problem.
46:17
Speaker 13: But Australia doesn't have that, and we are not advocating
46:19
Speaker 13: for that. We are very clear we do not want to,
46:22
Speaker 13: and we are not proposing to introduce a discriminatory immigration
46:25
Speaker 13: policy on the basis of race, or religion or any
46:28
Speaker 13: other irrelevant characteristic. What we are saying is immigration under
46:32
Speaker 13: laid Party has been completely unsustainable. It has been completely
46:35
Speaker 13: out of control. That numbers have been too high and
46:37
Speaker 13: the standards have been too low, and we'll be much
46:39
Speaker 13: more discerning about the people that we allow to come
46:41
Speaker 13: to our country, and we'll bring them in in much
46:43
Speaker 13: more sustainable numbers. There is nothing xenophobic about that, nothing
46:47
Speaker 13: racist about that. It is an immigration policy in Australia's
46:50
Speaker 13: national interest, and every country pursues an immigration policy in
46:54
Speaker 13: their own national interests. Japan has a immigration policy which
46:57
Speaker 13: it judges is in its national interests. Singapore, so does Malaysia,
47:01
Speaker 13: so does Indonesia, so to all of our partners and
47:03
Speaker 13: friends in the region, and they wouldn't begrudge us being
47:06
Speaker 13: able to set our migration settings, just as they choose
47:08
Speaker 13: their own for themselves.
47:10
Speaker 2: There seems to be this confusion at the upper echelons
47:13
Speaker 2: of the Albanese government about which nations are our allies
47:17
Speaker 2: and which are our well aggressors or perhaps potentially enemies.
47:21
Speaker 2: Or nations to be concerned about. And we see that
47:25
Speaker 2: with Foreign Minister Pennywong very clearly. She frequently attacks the
47:29
Speaker 2: President of the United States, frequently criticizes Israel, very soft
47:33
Speaker 2: on China, and yet we learn that China has sanctioned
47:36
Speaker 2: some politicians in New Zealand for daring to visit Taiwan.
47:41
Speaker 2: Are you concerned about this, Sharre?
47:44
Speaker 13: This is an absolutely extraordinary breaking news story this evening
47:48
Speaker 13: from New Zealand. A number of New Zealand MPs when
47:50
Speaker 13: on a bipartisan delegation to Taiwan. As MPs from New
47:53
Speaker 13: Zealand and Australia, myself included, have been doing for years.
47:57
Speaker 13: It is perfectly consistent with New Zealand's One China policy
48:00
Speaker 13: and Australia's One China policy. And the PRC has now
48:03
Speaker 13: taken the extraordinary step of sanctioning New Zealand elected members
48:07
Speaker 13: of Parliament for doing what is standard operating business. I
48:11
Speaker 13: think it shows how paranoid and sensitive the PRC can
48:15
Speaker 13: be when it comes to Taiwan. And the only appropriate
48:17
Speaker 13: response for a democracy is to say that we are
48:20
Speaker 13: allowed to determine our interactions with other jurisdictions. Taiwan included
48:26
Speaker 13: around the world on our own terms, and we won't
48:28
Speaker 13: be dictated to by the PRC or anyone else.
48:31
Speaker 2: Does this make you want to test this or exercise
48:36
Speaker 2: your exercise your right to visit Taiwan by having a
48:40
Speaker 2: parliamentary delegation there.
48:43
Speaker 13: Well, the good news is Shari a parliamentary delegation, a
48:46
Speaker 13: bipartisan parliamentary delegation actually just returned from Taiwan included some
48:51
Speaker 13: of my colleagues in the coalition, including Danteen and Jason Wood,
48:55
Speaker 13: and labor colleagues as well. That's entirely appropriate, and I
48:59
Speaker 13: would hope that the Chinese government doesn't choose to sanction
49:02
Speaker 13: any of my colleagues, whether they're labor or Liberal for that.
49:05
Speaker 13: And I think they should seriously reconsider what they have
49:08
Speaker 13: done to New Zealand. It is both wrong in principle
49:10
Speaker 13: and frankly I also would assess not in their interests.
49:13
Speaker 13: I think it will only damage the standing of the
49:16
Speaker 13: Chinese government in the region and they should rethink what
49:19
Speaker 13: they've done.
49:20
Speaker 2: I mean, if that did happen to Australian politicians, I
49:22
Speaker 2: would genuinely be interested to see if Penny Wang and
49:25
Speaker 2: Anthony ALBERESI managed to find tough words to speak out
49:28
Speaker 2: against it.
49:30
Speaker 13: Well, I would really hope that they would. It would
49:32
Speaker 13: be my expectation that they would stand up for Australia
49:35
Speaker 13: and our national interest and our ability to determine our
49:37
Speaker 13: own foreign relations.
49:40
Speaker 2: Yeah, because we've seen in the past, you know, when
49:41
Speaker 2: there was that incident with the Virgin pilot who managed
49:46
Speaker 2: to detect that there was a military exercise off our coast.
49:49
Speaker 2: Very soft words from the Prime minister then, and that
49:52
Speaker 2: was a life fire exercise off the Tasman coast, so
49:55
Speaker 2: weak language in the past. James Patterson, really appreciate your time.
49:58
Speaker 2: Thank you very much. Alright, some breaking news there from
50:02
Speaker 2: Senate estimates that will no doubt be a big story tomorrow.
50:05
Speaker 2: Thank you for your company tonight. I'll see you at
50:07
Speaker 2: eight o'clock tomorrow. And right now he's Paul Murray.