Latest / The Kenny Report / The Kenny Report | 21 May
Transcript
- 0:01Speaker 1: Line from the Skoing New Center. This is the Kenny Report.
- 0:06Speaker 2: Thanks for joining me on the Kenny Report tonight.
- 0:08Speaker 3: The flooding crisis on the New South Wales coast set
- 0:11Speaker 3: to get worse in coming days. I'll cross to the
- 0:13Speaker 3: emergency headquarters and to flooded Taree.
- 0:17Speaker 2: The man who blew up.
- 0:18Speaker 3: The Coalition joins me live David Little Proud on what
- 0:22Speaker 3: it will take to put the Liberals and Nationals back
- 0:24Speaker 3: together again. The snowy two point zero pumped hydro project
- 0:28Speaker 3: hits another snag as its former boss says we'd need
- 0:32Speaker 3: another eight of these projects to make Labour's renewables plan work.
- 0:37Speaker 3: All that plus plenty more with Denika de Giorgio and
- 0:40Speaker 3: Justin Smith in the Wednesday Wrangle, Let's get cracking. The
- 0:47Speaker 3: Prime Minister returned from his overseas trip late last night,
- 0:50Speaker 3: and today he turned up back at his home ground
- 0:53Speaker 3: in Canberra, the National Press Club. He was therefore a
- 0:56Speaker 3: bit of a victory lap, sitting in the audience while
- 0:59Speaker 3: the the ALP National Secretary, Paul Ericson outlined his interpretation
- 1:04Speaker 3: of how and why Labor managed its landslide election win.
- 1:09Speaker 3: It was Labor padding itself on the back and fair enough.
- 1:13Speaker 3: But Ericson did take did hit the mark actually with
- 1:17Speaker 3: some important observations.
- 1:19Speaker 4: They were more focused on claiming front runner status than
- 1:22Speaker 4: explaining what they would do if they won. This built
- 1:26Speaker 4: on their misread of the twenty twenty three referendum, convincing
- 1:30Speaker 4: themselves that a century old reluctance to change the Constitution
- 1:34Speaker 4: represented a realignment of Australian politics and an endorsement of
- 1:38Speaker 4: their narrow worldview.
- 1:40Speaker 3: There was one area, however, where Ericson wildly missed the mark,
- 1:45Speaker 3: getting confused between political spin, winning political strategies and real
- 1:50Speaker 3: policy outcomes, and that was on climate and energy. Now
- 1:55Speaker 3: this policy area is partly to blame, of course, for
- 1:58Speaker 3: tearing the coalition parties up part and they need to
- 2:01Speaker 3: get themselves sorted on climate and energy. But listen to
- 2:05Speaker 3: Ericson and hear how Labour seems to believe its own publicity.
- 2:11Speaker 4: Labour has one energy policy and we are delivering it,
- 2:14Speaker 4: driving private sector investment in renewables backed by gas, hydro
- 2:18Speaker 4: and batteries.
- 2:20Speaker 1: And this policy is working.
- 2:21Speaker 4: Australia is producing record renewable energy, our emissions are lower
- 2:25Speaker 4: than when Labor was elected, and we're on track to
- 2:28Speaker 4: achieve our mission's reduction goals.
- 2:31Speaker 3: Is there anyone else in the country who'd argue that
- 2:33Speaker 3: Labour's climate and energy policies are working.
- 2:37Speaker 2: They're failing badly.
- 2:39Speaker 3: They're certainly unlikely to meet their renewables or their emissions
- 2:43Speaker 3: reductions targets. But more to the point, remember they promised
- 2:47Speaker 3: to two hundred and seventy five dollars annual cut in
- 2:50Speaker 3: power bills by this year, and instead electricity bills have
- 2:55Speaker 3: skyrocketed by more than one thousand dollars a year.
- 2:58Speaker 2: And as the renewable roll out, we.
- 3:00Speaker 3: Face a supply crisis with a rising incidence of electricity
- 3:05Speaker 3: shortages and the market operator issuing warnings and shutting down
- 3:10Speaker 3: large energy users in what it calls demand management. State
- 3:15Speaker 3: governments are now subsidizing coal fired power stations to stay
- 3:19Speaker 3: open for longer to avoid disaster. So ericson and Labor
- 3:24Speaker 3: can pretend it's working all they like, but engineering and
- 3:28Speaker 3: economics reveal a different story, and their advice that the
- 3:33Speaker 3: Liberals ought to drop nuclear should be dismissed for the
- 3:37Speaker 3: political posturing that it is. The Coalition needs to focus
- 3:42Speaker 3: on the reality the nuclear energy policy is absolutely essential
- 3:46Speaker 3: for the future of this country. If we're intent on
- 3:49Speaker 3: cutting emissions to zero, that is getting rid of coal
- 3:53Speaker 3: and large amounts of gas generation. So in political campaigning terms,
- 3:58Speaker 3: as far as advocacy is concerned, it's not a matter
- 4:01Speaker 3: of promoting nuclear power for the sake of it. The
- 4:05Speaker 3: policy issue here is not do we like energy nuclear
- 4:09Speaker 3: energy or not. Voters won't have any emotional connection to
- 4:12Speaker 3: a nuclear power plant.
- 4:14Speaker 2: Now. The point here is.
- 4:16Speaker 3: Our energy disaster and how to fix it. The challenge
- 4:20Speaker 3: is to highlight how broken our electricity grid is, how
- 4:24Speaker 3: much worse it will get under Labour's renewables first experiment,
- 4:29Speaker 3: and then offer nuclear as the only plausible addition to
- 4:33Speaker 3: the mix that can give us reliable base load power
- 4:37Speaker 3: that's both affordable and emissions free. It's a cost of
- 4:41Speaker 3: living issue, it's an energy security issue, it's an economic issue,
- 4:47Speaker 3: and so far neither the Liberals nor the Nationals have
- 4:50Speaker 3: even begun to outline the problem, let alone the solution.
- 4:54Speaker 3: The last thing they need to do is to scrap
- 4:57Speaker 3: their nuclear policy, and they need to make the argument,
- 5:00Speaker 3: map out the problem and the options, and detail how
- 5:04Speaker 3: nuclear fits into the picture, and when they have a
- 5:07Speaker 3: clear alternative, their policy and political position will strengthen.
- 5:13Speaker 2: With every power bill rise and every blackout.
- 5:20Speaker 3: Now, while Anthony Albanezi made it back to Canberra in
- 5:24Speaker 3: time for the Press Club, he didn't find time to
- 5:27Speaker 3: visit Israel on the way back from Rome. He hasn't
- 5:30Speaker 3: visited Israel since the October the seventh atrocity nineteen months ago.
- 5:35Speaker 2: He prefers to.
- 5:36Speaker 3: Criticize Israel, blaming Israel for the plight of Palestinians in Gaza.
- 5:42Speaker 3: Shouldn't he blame the Palestinians Hummas leadership who slaughtered innocence,
- 5:47Speaker 3: who still hold hostages, and who persist with their war
- 5:50Speaker 3: in pursuit of their stated aim of eliminating Israel and
- 5:55Speaker 3: all Jews. Yeah, Hummas are an organization committed to genocide
- 6:00Speaker 3: and they happily use their own people as human shields
- 6:03Speaker 3: and as cannon fodder and propaganda tools in their jihadest plots.
- 6:08Speaker 2: It's Hummus who.
- 6:09Speaker 3: Steals their food, prolongs the war and deliberately makes the
- 6:14Speaker 3: Palestinian people suffer. And once more, some of them are
- 6:18Speaker 3: brave enough to protest. In these social media posts, Palestinians
- 6:42Speaker 3: chart hum Us get out, we want to live, hum
- 6:46Speaker 3: Us out, We want to live and know it's not
- 6:49Speaker 3: the Jews, it's hum Us.
- 6:51Speaker 2: Now.
- 6:51Speaker 3: The last time this happened, there were reports that one
- 6:54Speaker 3: young protester's mutilated body was dropped off by Hummas at
- 6:58Speaker 3: his family's home. We don't know how the fate. We
- 7:02Speaker 3: don't know anything about the fate of these latest protesters
- 7:05Speaker 3: or how widespread their bravery is.
- 7:08Speaker 2: But what we do know is that in the.
- 7:10Speaker 3: West political leaders and much of the media do not
- 7:14Speaker 3: have the courage or the wisdom to criticize Humas and
- 7:19Speaker 3: demand its surrender. Instead, they portray Israel the country under
- 7:24Speaker 3: attack from Hummas and from Hezbollah, Iran islamicj had the
- 7:29Speaker 3: hoodies and others. The portray Israel as the aggressor.
- 7:34Speaker 5: That we're horrified by the escalation from Israel. We repeat
- 7:39Speaker 5: our demand for a ceasefire as the only way to
- 7:43Speaker 5: free the hostages. We repeat our opposition to settlements in
- 7:47Speaker 5: the West Bank, and we repeat our demand to massively
- 7:52Speaker 5: scale up humanitarian assistance into Gaza.
- 7:56Speaker 3: Starma must know, Masani that there's been no shortage of
- 8:00Speaker 3: aid getting in. The problem has been Hummas controlling and
- 8:05Speaker 3: hoarding it and not supplying its own people.
- 8:09Speaker 2: And our prime minister.
- 8:10Speaker 3: Our federal government lines up with the likes of Starma
- 8:14Speaker 3: in this diplomacy instead of with Israel. Meanwhile, that Queensland
- 8:20Speaker 3: author I told you about last night who lauded the
- 8:23Speaker 3: former HUMMAS leader Yaya Sinwa as a martyr, well, the
- 8:27Speaker 3: good news is she has been stripped of that indigenous fellowship,
- 8:32Speaker 3: a little outbreak of sanity in Queensland. The facts matter,
- 8:38Speaker 3: and the most important facts when it comes to this
- 8:40Speaker 3: issue today and for every one of the past five
- 8:44Speaker 3: hundred and ninety two days, is that HUMAS has tried
- 8:47Speaker 3: to inflict genocide on Israel, and HUMAS is still holding hostages,
- 8:53Speaker 3: and Hummas is perpetuating this war rather than surrendering. Just
- 9:02Speaker 3: a bit more on Joe Biden's cognitive issues while he
- 9:05Speaker 3: was in the White House and that book where Jake Tapper,
- 9:08Speaker 3: the CNN host, now reveals all.
- 9:11Speaker 2: Megan Kelly called Tapper out on her show.
- 9:15Speaker 6: You covered the Biden presidency aggressively throughout the four years,
- 9:18Speaker 6: and you didn't cover mental acuity hardly at all. I
- 9:22Speaker 6: mean time and time again when issues came up. You
- 9:25Speaker 6: seem to be running cover for the president.
- 9:28Speaker 3: Interested Yeah, Kelly called it out, all right, and She
- 9:32Speaker 3: reminded Tappa of the way he dismissed Lara Trump's observations
- 9:36Speaker 3: about Biden's mental state way back more than four years ago.
- 9:41Speaker 2: Kelly showed tap of the clip.
- 9:43Speaker 7: I think what we see on stage with Joe Biden
- 9:46Speaker 7: Jake is very clearly a cognitive decline. That's what I'm
- 9:50Speaker 7: referring to. It makes me uncomfortable.
- 9:51Speaker 2: You are, that's so amazing. You're trying to tell.
- 9:56Speaker 7: Me that what I was suggesting.
- 9:57Speaker 8: Was you were mocking his stutter.
- 10:00Speaker 9: Yeah.
- 10:00Speaker 8: I think you were mocking a stutter. And I think
- 10:02Speaker 8: you have absolutely no standing to diagnose somebody's cognitive decline.
- 10:05Speaker 7: And it's very concerning to a lot of people that
- 10:08Speaker 7: this could be the leader of the free world. That
- 10:11Speaker 7: is all I'm saying.
- 10:11Speaker 9: I genuinely thank.
- 10:12Speaker 6: You, La.
- 10:13Speaker 7: Sorry for Joe.
- 10:14Speaker 8: I appreciate it. I'm sure it was from a place
- 10:15Speaker 8: of concern all we all believe that. Laura Trump, thank
- 10:17Speaker 8: you so much.
- 10:21Speaker 6: Do you want to apologize to Laura Trump?
- 10:22Speaker 10: Now, I've already apologized to her. I called her months
- 10:26Speaker 10: ago after we did the research for this book and
- 10:29Speaker 10: I realized how bad his acuity issues were. I like,
- 10:36Speaker 10: I mean, I called Laura Trump, and I said, you
- 10:40Speaker 10: were you were right.
- 10:42Speaker 7: She was totally right.
- 10:45Speaker 2: She was totally rot. We would totally rot, you would
- 10:50Speaker 2: totally rot.
- 10:51Speaker 3: This is the point. It was obvious, and the White
- 10:55Speaker 3: House and the Democrats lied and covet it up, taking
- 10:58Speaker 3: the public for fools, and most of the media, including
- 11:02Speaker 3: TAPPA and all of the rest of them at CNN,
- 11:05Speaker 3: they went along with the ruse.
- 11:08Speaker 2: Shameful.
- 11:12Speaker 3: I'm going to catch up with the Nationals leader David
- 11:14Speaker 3: Little Proud in just a moment, but first up, listen
- 11:16Speaker 3: to what he had had to say today on ABC
- 11:19Speaker 3: Radio looking back at the election and the role of
- 11:23Speaker 3: the then opposition leader Peter Dutton.
- 11:26Speaker 11: When you look at where the polls were Christmas time
- 11:28Speaker 11: and you see where they shifted. I think the Labor
- 11:31Speaker 11: Party were able to make Peter data Dunton unelectable. And
- 11:34Speaker 11: what they couldn't do is put a vote next to him,
- 11:36Speaker 11: and they held their nose and put a vote next
- 11:38Speaker 11: to Anthony Albanezi.
- 11:40Speaker 2: David Little Proud now joins me from camera. Good to
- 11:42Speaker 2: talk to you again.
- 11:43Speaker 3: David Labor made Peter Dunton unelectable? How so and why
- 11:49Speaker 3: wasn't the coalition able to do the opposite.
- 11:53Speaker 11: Yeah, although were better at demonizing and tearing down Peter's
- 11:57Speaker 11: character and not the man that I know. Unfortunately what
- 12:01Speaker 11: they did, and some of that was our own goals
- 12:03Speaker 11: around some of our policies like work from home, but
- 12:07Speaker 11: also the fact that I don't think we were able
- 12:10Speaker 11: to get the media to cut through apart from Peter
- 12:13Speaker 11: being there to defend himself.
- 12:14Speaker 12: And I don't think that's a reflection on Pete.
- 12:16Speaker 11: I think that was the fact that we were trying
- 12:18Speaker 11: to defend him, but we couldn't get cut through. It
- 12:20Speaker 11: became very presidential and Labor had a very slick campaign,
- 12:24Speaker 11: and you can't walk away from that. You've got to
- 12:26Speaker 11: be brutally honest. They were able to demonize him, and
- 12:28Speaker 11: I think that started with cyclone Alfred and they even
- 12:33Speaker 11: tried with that smear around his share ownership and house
- 12:36Speaker 11: ownership with his father. And I think we weren't nimble enough,
- 12:41Speaker 11: and we weren't defensive enough of Peter's his own character
- 12:45Speaker 11: and what he sort of man he was and what
- 12:47Speaker 11: he stood for. And I think we allowed him Labor
- 12:50Speaker 11: to get away with this perpetrated lie of a six
- 12:53Speaker 11: hundred billion dollar nuclear power plan. In fact, that was
- 12:57Speaker 11: perpetrated off a report from the Smart Energy Council, an
- 13:01Speaker 11: organization that represents renewable companies. It's just a lot have
- 13:05Speaker 11: a financial vestige exactly, and just in our right live
- 13:08Speaker 11: independently cost it.
- 13:09Speaker 3: But to tell me, then, do the Nationals do you
- 13:12Speaker 3: and the Nationals except your share of the blame for
- 13:14Speaker 3: the election failure?
- 13:16Speaker 12: Oh totally.
- 13:17Speaker 11: And in terms of articulating that report, and I remember
- 13:22Speaker 11: having a very robust debate with Laura Jays one morning
- 13:25Speaker 11: during their campaign about this six hundred billion dollar Live
- 13:28Speaker 11: being perpetrated and the gallery that was traveling with Anthony Albanize.
- 13:32Speaker 12: We were allowing him.
- 13:33Speaker 11: Unchallenged to sprout it out every day, and we weren't
- 13:37Speaker 11: able to get that and we weren't able to get
- 13:39Speaker 11: the cut through. We can't sit here and winge about it.
- 13:42Speaker 11: Those are the rules we played. They played it smicker
- 13:44Speaker 11: than us, And you know, we tried tactically, not just
- 13:48Speaker 11: myself in the NATS and some of the other Libs.
- 13:50Speaker 11: I think Michael Suker courageously also tried to stand up
- 13:53Speaker 11: and defend DUTs at times, and we just couldn't get
- 13:56Speaker 11: the cut through. Became very presidential and it was just
- 13:59Speaker 11: Peter with the nightly news every night rather than any
- 14:03Speaker 11: other talking heads, and it just became frustrating.
- 14:06Speaker 12: And I don't think that's a reflection on Peter.
- 14:08Speaker 11: I think it was all not being able to be
- 14:11Speaker 11: able to get that cut through and to really get
- 14:14Speaker 11: back at Terry and Anthony Albanezy's character down.
- 14:17Speaker 3: Now, Bob Catter's just had a chat with the Ross
- 14:20Speaker 3: Greenwood on Business Now and he's laid into the Nationals.
- 14:23Speaker 3: He says, you've failed regional Australia. Here's a little bit
- 14:26Speaker 3: of Bob Catter.
- 14:28Speaker 13: The best part of twenty years they were running the
- 14:32Speaker 13: Australian government as Deputy Prime Minister and if there was
- 14:36Speaker 13: something they did for rural Australia, I'm not aware of it.
- 14:41Speaker 11: How do you respond to his criticisms, Rookwood, We're in
- 14:45Speaker 11: Rockhampton and the Inland Rail over twenty seven billion dollars
- 14:51Speaker 11: into damn infrastructure that was placed out there for states
- 14:54Speaker 11: to spend the countless billions of dollars into rhads saving
- 14:59Speaker 11: the life sheep industry. Look, you can sit on the
- 15:03Speaker 11: sideline and yell and scream and love Bob de bits,
- 15:06Speaker 11: but look, unfortunately the numbers don't support Bob's accusation there.
- 15:12Speaker 3: Well, now let's get back to the coalition split. You've
- 15:15Speaker 3: identified some key policy areas, the regional fund, the idea
- 15:21Speaker 3: of sanctions divisi, just sanctions against supermarkets if there's foul
- 15:25Speaker 3: play revealed, also the nuclear policy.
- 15:29Speaker 2: If the coal if the Liberal Party.
- 15:31Speaker 3: Comes out and says it will stick broadly with these
- 15:33Speaker 3: policies that were taken to the most recent election, would
- 15:38Speaker 3: you walk back into that party.
- 15:39Speaker 11: Room and reform the coalition? Yes, And that's what was
- 15:43Speaker 11: articulated to our party room. There were four policy areas
- 15:46Speaker 11: including also reformed to the universal service obligation to protect
- 15:49Speaker 11: mobile phone towers to be repaired and maintained in a
- 15:53Speaker 11: serviceable level. We made it very clear, but we couldn't
- 15:56Speaker 11: get that guarantee. And as Peter Kredline articulated last night,
- 16:00Speaker 11: the convention within the coalition is that all the coalition
- 16:03Speaker 11: policies that were taken to an election are maintained until,
- 16:07Speaker 11: by exception they're taken away. Now, Susan made a commitment
- 16:09Speaker 11: and I respect that that she wanted to review all policies.
- 16:12Speaker 11: Everything was taken off the table. I respected that and
- 16:15Speaker 11: conceded that. But what I wanted to make sure was
- 16:17Speaker 11: that those four key areas were maintained because it gave
- 16:21Speaker 11: us confidence not just about delivering technology for telecommunications, but
- 16:26Speaker 11: also getting away from this all renewables approach that really
- 16:29Speaker 11: frightens us, and we're bearing the burden of But.
- 16:33Speaker 3: You'd understand, of course she couldn't give that guarantee. She'd
- 16:36Speaker 3: be preempting her own party room. She's got to give
- 16:38Speaker 3: her party room a chance to endorse these policies. But
- 16:41Speaker 3: it would seem a small price to pay, and that
- 16:44Speaker 3: if the Liberals could tick off these policies at their
- 16:47Speaker 3: next party room, you'd be back in coalition with them.
- 16:53Speaker 3: Why isn't that the agenda? What is the policy sticking point?
- 16:56Speaker 3: You don't think they'll be able to deliver?
- 17:00Speaker 11: Well, I asked that to be articulated, and I took
- 17:02Speaker 11: written form to my party room. But we couldn't get
- 17:05Speaker 11: that in a surety of.
- 17:06Speaker 12: Those four areas.
- 17:08Speaker 11: And I was happy to concede that there are others
- 17:10Speaker 11: that obviously liberal policies that cause us some consternation that
- 17:15Speaker 11: I was happy to continue on with.
- 17:17Speaker 12: But these were four areas that were important to us because.
- 17:20Speaker 11: They would change the lives of the people we represent,
- 17:22Speaker 11: and they were ones that we fought for for a
- 17:24Speaker 11: long time.
- 17:25Speaker 12: But I wasn't being unreasable.
- 17:27Speaker 11: I was happy to concede the rest in terms of
- 17:28Speaker 11: where we were and if the Liberal Party gets to
- 17:31Speaker 11: that junction.
- 17:31Speaker 12: I've made it very clear the door was open.
- 17:33Speaker 11: But that was the decision that was predicated in our
- 17:35Speaker 11: party room on pure principle, you know, and it'll mean
- 17:40Speaker 11: at great cost to many of our people take pay cups,
- 17:43Speaker 11: but they're not worried about that. These are real changes
- 17:46Speaker 11: that would help regional Australians and we can't walk away
- 17:49Speaker 11: from that. We've been given a privileged position to come
- 17:51Speaker 11: to this place, and I couldn't walk back into the
- 17:54Speaker 11: streets of Rome and Charlivial and Clifton and Dolby. And look,
- 17:58Speaker 11: people know, I say, I've traded away something to benefit
- 18:00Speaker 11: their lives for political expediency.
- 18:03Speaker 2: But didn't you just need more time spectat? Didn't you
- 18:06Speaker 2: just need more time?
- 18:08Speaker 3: Once once Susan Lee names a front bench where they're
- 18:12Speaker 3: all Liberals, it's going to be very hard for her
- 18:15Speaker 3: to unwind that because to bring you back into coalition,
- 18:17Speaker 3: she's going to have to sack a bunch of people.
- 18:20Speaker 11: Well, we're in a hurry. This was a timeline that
- 18:22Speaker 11: we perpetrated. It was one that we were accepting in
- 18:26Speaker 11: that season wanted to form a coalition into announce a
- 18:28Speaker 11: shadow cabineta. This wasn't a timeline that we decide on.
- 18:32Speaker 11: It was one that, with respect also of her personal sectanses,
- 18:36Speaker 11: we were happy to work through.
- 18:37Speaker 12: But I made it very clear after our initial meeting.
- 18:40Speaker 12: I took back what Suasan took.
- 18:41Speaker 11: To our initial party room meeting last Friday, that it
- 18:44Speaker 11: was unacceptable and that there was that it was serious
- 18:47Speaker 11: enough for our room to consider.
- 18:49Speaker 12: Have you not re signing?
- 18:51Speaker 3: Have you and Susan Lee spoken in the last twenty
- 18:53Speaker 3: four hours to see whether there's a process, an emergency
- 18:56Speaker 3: process you could put in place to save the coalition?
- 19:01Speaker 12: No, not today.
- 19:01Speaker 11: I've got to admit I haven't had a band with
- 19:03Speaker 11: other than being studios like yours. But as Susan I
- 19:08Speaker 11: left on Wednesday, say it or Tuesday saying that the
- 19:14Speaker 11: door will be open and I'm open to anything but
- 19:16Speaker 11: these I'd rather be upfront and honest now about what
- 19:19Speaker 11: were the sticking points and that came from my room.
- 19:21Speaker 11: This isn't an individual decision. This is the collective room going.
- 19:26Speaker 11: These are what are important to us, and if we
- 19:29Speaker 11: get that, they will be something that are important in
- 19:32Speaker 11: the legacy items and protecting our people into the future
- 19:35Speaker 11: that we can work through the other things, they're superfluous.
- 19:38Speaker 12: Do you accept them for many in many respects?
- 19:40Speaker 3: Do you accept that the biggest winner out of this
- 19:42Speaker 3: is Albanezi and his government because they are now just
- 19:47Speaker 3: peerless in the Australian Parliament And the greatest losers are
- 19:51Speaker 3: the Australian voters because we're left with a shambolic and
- 19:54Speaker 3: divided opposition.
- 19:57Speaker 11: Well, that's why I've left the door open and made
- 19:59Speaker 11: it very clear. I haven't concealed anything. We've been very
- 20:02Speaker 11: upfront about what's important to us and it's important for
- 20:06Speaker 11: it a coalition to get back together.
- 20:08Speaker 12: And I'm pragmatic about that.
- 20:09Speaker 11: But I've been given a privileged position to come and
- 20:12Speaker 11: change the lives of the people I represent. I'd be
- 20:14Speaker 11: letting them down if we didn't stand up for the
- 20:16Speaker 11: values and those really important things. Happy to concede on
- 20:20Speaker 11: things where we have to, but these I don't believe
- 20:23Speaker 11: are insurmountable, and they're not huge. I just that's why
- 20:26Speaker 11: we're disappointed. But we're optimistic that at some juncture that
- 20:31Speaker 11: we'll be able to get back in with the Liberal
- 20:33Speaker 11: Party and be a coherent coalition before the next election.
- 20:40Speaker 2: Yeah, let's hope that sooner rather than later.
- 20:42Speaker 3: Thanks again for joining us, David, I appreciate it, David
- 20:44Speaker 3: little Proud, they're the Nationals leader joining us from Canberra.
- 20:47Speaker 3: We had to cross to SEES headquarters to give you
- 20:50Speaker 3: the latest on the New South Wales flooding. We will
- 20:52Speaker 3: cross to Tari later in the program and try and
- 20:55Speaker 3: get back to the SEES.
- 20:56Speaker 2: There's some sort of problem there with that.
- 20:57Speaker 3: Interview, but we will bring you up to date the
- 21:00Speaker 3: serious flooding that's hitting New South Wales and is predicted
- 21:03Speaker 3: to get a lot worse in coming days. Also, after
- 21:06Speaker 3: the break the Snowy two point zero pump hydro project,
- 21:09Speaker 3: it hits another snag the former boss.
- 21:11Speaker 2: I'll speak to him.
- 21:12Speaker 3: He says they need another eight projects like this to
- 21:15Speaker 3: make Labour's renewables plan work, and that won't be happening.
- 21:24Speaker 3: The dramatic floods in New South Wales continue and the
- 21:27Speaker 3: risk of flash flooding is intensifying. Flood warnings are in
- 21:30Speaker 3: place now for areas of the Mid North coast as
- 21:33Speaker 3: Tarre faces a one in five hundred year surge. Let's
- 21:37Speaker 3: head up to Tarre on the Mid North coast of
- 21:39Speaker 3: New South Wales. Jeremy Thornton is a local business owner.
- 21:42Speaker 3: He joins me, Now, good to talk to you, Jeremy
- 21:44Speaker 3: at this difficult time. This is the worst floodwater. Is
- 21:47Speaker 3: anybody seen up there in living memory? How's the town
- 21:50Speaker 3: holding up?
- 21:52Speaker 1: Yeah?
- 21:52Speaker 14: Well, Chris, you put it in perspective when you say
- 21:54Speaker 14: one in five hundred, I don't think any of us,
- 21:56Speaker 14: including yourself, are around of that stage. So it's just
- 22:00Speaker 14: absolutely incredible what's gone on. We've got an inkling of
- 22:02Speaker 14: this late last week in all honesty, but not to
- 22:05Speaker 14: this degree.
- 22:07Speaker 9: We're absolutely stunned at.
- 22:08Speaker 14: What's happened, and the town's in a little bit of
- 22:10Speaker 14: disbelief at the moment. To be honest, there's an eerie
- 22:13Speaker 14: silence throughout the place. We all emerged early on this
- 22:15Speaker 14: morning and you know, rubber necking around and checking on
- 22:18Speaker 14: our neighbors and checking what's going on, and you know,
- 22:20Speaker 14: seeing what the businesses are up to and everything, and
- 22:23Speaker 14: there was just this kind of shocked look on everyone's face,
- 22:26Speaker 14: not much conversation, and as the days gone on, people
- 22:29Speaker 14: have just bunkered down and kept out of the water,
- 22:31Speaker 14: kept out of the rain.
- 22:32Speaker 2: Because it just continues to pour.
- 22:34Speaker 14: Just in the past five or so minutes it started
- 22:36Speaker 14: pouring once again. We're expecting maybe not one hundred millimeters
- 22:39Speaker 14: or more in the next twenty four to thirty six hours.
- 22:41Speaker 3: So we're we're seeing we're seeing pictures now of the
- 22:46Speaker 3: Manning River, just the raging Torrent, you know, just a
- 22:49Speaker 3: huge spread of water, obviously flooding areas now that haven't
- 22:53Speaker 3: been flooded before. I'm just conscious of around the country,
- 22:56Speaker 3: so many Australians being in drought at the moment in
- 22:59Speaker 3: Western Victory, western New South Wales in South Australia and
- 23:03Speaker 3: not being aware perhaps that across the New South Wales
- 23:06Speaker 3: coast in recent weeks it's just been consistently wet.
- 23:10Speaker 2: There's been so much rain. Sydney's been drowning.
- 23:13Speaker 3: So your problem up there for further north, of course,
- 23:16Speaker 3: is your country's completely water logged. So this water's got
- 23:20Speaker 3: nowhere to go and you're expecting a lot more rain
- 23:22Speaker 3: than coming days.
- 23:24Speaker 14: Absolutely, we are totally water logged. And the thing is
- 23:27Speaker 14: that we the summer wasn't too bad. It was a
- 23:29Speaker 14: pretty normal summer as all things go, no major buyer risks,
- 23:33Speaker 14: and you know the storms that came through weren't too bad.
- 23:35Speaker 14: But realistically, from about early March onwards we've just had
- 23:39Speaker 14: this consistent rain just hanging around and what are we
- 23:42Speaker 14: now were in the end part of May and here
- 23:45Speaker 14: we are it's still going when all me entering our
- 23:47Speaker 14: dry period. So the water logging is just an absolute issue.
- 23:50Speaker 14: And that's all the way up through the Barrington region,
- 23:53Speaker 14: up through the Breadeye which is on the way to
- 23:54Speaker 14: Tamworth and Armadale.
- 23:56Speaker 5: All the water up the.
- 23:57Speaker 14: Top of that hill, it's got one place to go,
- 23:58Speaker 14: and that's down in Tiree. We've got a really unique
- 24:01Speaker 14: and beautiful river system here, but when all the water
- 24:04Speaker 14: comes down to this one spot, it's got.
- 24:06Speaker 15: Nowhere to go.
- 24:07Speaker 14: And we've seen how the river reacts in this area
- 24:09Speaker 14: with flooding before we know how it's done it. This
- 24:11Speaker 14: has just changed the whole thing. I think I heard
- 24:14Speaker 14: from someone of the sees today. The shoreline itself has
- 24:16Speaker 14: moved in where the water ends up about one point
- 24:19Speaker 14: three kilometers, so it's just staggering. And people that have
- 24:22Speaker 14: never had water in before they have it now. My
- 24:25Speaker 14: in laws, for example, we're thinking of them. They live
- 24:27Speaker 14: on the river down at Cundletown, but they've never had
- 24:30Speaker 14: water in thirty five years. They've never had water anywhere
- 24:32Speaker 14: near their house, and it's lapping at their door right
- 24:35Speaker 14: at this moment. So, you know, people like that, Our
- 24:37Speaker 14: thoughts and prayers with them and everyone else absolutely.
- 24:40Speaker 3: Now, speaking of the State Emergency Service, the Commissioner has
- 24:43Speaker 3: just given an update.
- 24:44Speaker 2: Here's some of what he had to say.
- 24:46Speaker 16: We currently have more than one hundred flood warnings in place,
- 24:50Speaker 16: with twenty three of those been at a MINTI level.
- 24:53Speaker 16: The new South Powa State of MENTI service continues to
- 24:56Speaker 16: respond to record breaking floods in the mid North.
- 25:01Speaker 2: If you are if you.
- 25:03Speaker 16: Are under a munty warning currently and it is safe
- 25:07Speaker 16: to do so, I need you to evacuate now. I
- 25:11Speaker 16: cannot stress enough that it is important to heed the
- 25:16Speaker 16: warnings of evacuations. We've already seen over the past few nights,
- 25:20Speaker 16: rescue conditions been extremely difficult and dangerous, particularly at nightfall.
- 25:26Speaker 16: We currently have a number of locations and communities that
- 25:30Speaker 16: have received new warnings and munty warnings to evacuate this afternoon.
- 25:35Speaker 16: In particular the Kempsey CPD, Smithtown and Gladstone areas are
- 25:41Speaker 16: required to evacuate now it is safe to do so.
- 25:44Speaker 3: Pretty clear warnings there, Jeremy, I really appreciate you talking
- 25:48Speaker 3: to us. Of course, public safety is the number one issue.
- 25:51Speaker 3: They're on the ground in tari and in the area.
- 25:53Speaker 3: Are you getting enough information? Is there enough help to
- 25:56Speaker 3: make sure that people do get out of the flood
- 25:58Speaker 3: zone rather than try and tough a out.
- 26:01Speaker 9: Look.
- 26:01Speaker 14: In all honesty, I can't speak highly enough of the
- 26:04Speaker 14: authorities up to this stage, but the information flowing through
- 26:08Speaker 14: on social media text messages. We just got endless text messages,
- 26:11Speaker 14: particularly across yesterday about who needs to evacuate and what
- 26:14Speaker 14: needs to be done. In all honesty, I guess some
- 26:17Speaker 14: people didn't evacuate because they did not expect to get
- 26:19Speaker 14: to where it was. We were doing sandbaging and preparing
- 26:22Speaker 14: our clients on the two days ago for this, and
- 26:25Speaker 14: we set it to the level just above the twenty
- 26:27Speaker 14: twenty one flood, which was our record, and we've gone
- 26:30Speaker 14: a meter over that. So I mean, some people might
- 26:33Speaker 14: say there was complacency. I don't agree with that. We
- 26:36Speaker 14: know this river, we know how it acts, and all
- 26:38Speaker 14: of a sudden we've been totally caught out. So the
- 26:40Speaker 14: information from the community services and the government agency to
- 26:43Speaker 14: date has been fantastic. What we do need now, and
- 26:46Speaker 14: I'll be quite honest about this, is leadership. We need
- 26:49Speaker 14: to see some leadership from our state, federal, our mayor.
- 26:52Speaker 14: We need to see those people step up and say, hey,
- 26:54Speaker 14: what are you guys going.
- 26:55Speaker 15: To do for us?
- 26:55Speaker 2: Now?
- 26:56Speaker 14: I know it's still raining, the still flood waters. We're
- 26:58Speaker 14: going to be in this for a couple of days,
- 27:00Speaker 14: but you know behind the scenes that they're planning for
- 27:02Speaker 14: what's going to happen to help Tari get through this.
- 27:05Speaker 14: The community's damn anxious, mate, we are really anxious. You
- 27:08Speaker 14: need to know what they're doing to try and you know,
- 27:10Speaker 14: guide us through this and just calm everyone down. But
- 27:13Speaker 14: look as far as response goes in the early stage, mate,
- 27:15Speaker 14: quite happy.
- 27:17Speaker 3: Well said Jeremy, Thanks so much for joining us. Really
- 27:19Speaker 3: appreciate your time, Jeremy Thornton.
- 27:21Speaker 2: They're in Tari. Good on you, Chris Tari.
- 27:24Speaker 3: You are a resident and business owner, and keep an
- 27:26Speaker 3: eye on this it's going to get worse in the
- 27:28Speaker 3: coming days and we'll be crossing to the Emergency Services Minister.
- 27:31Speaker 2: Later in the program.
- 27:33Speaker 3: Now, the latest problem to hit the Trouble Plague Snowy
- 27:35Speaker 3: two point zero project is a strike, with more than
- 27:38Speaker 3: a thousand workers downing tools today in a twenty four
- 27:41Speaker 3: hour strike over paying conditions. The Australian reports that workers
- 27:45Speaker 3: have effectively been confined to their rooms and face discipline
- 27:49Speaker 3: reaction if they try to leave the work site while
- 27:52Speaker 3: the strike's going on. But as I put it to
- 27:54Speaker 3: form a Snowy Hydro boss Paul Broad, this industrial action
- 27:58Speaker 3: is probably the least of the jet's problems.
- 28:01Speaker 1: Yeah, it probably is, actually, and it doesn't surprise me.
- 28:05Speaker 17: They turn on a blue just after the labor government
- 28:08Speaker 17: gets in, so you know they're they're using their monopoly
- 28:11Speaker 17: power to extract a few more rents out of it.
- 28:14Speaker 17: And when you're running a cost class project, you're going
- 28:17Speaker 17: to you can rest assured.
- 28:18Speaker 1: Everyone everyone's going to put the hand up for put
- 28:20Speaker 1: the hand up for more. Yeah.
- 28:23Speaker 3: Now, give us your take on the status of the project.
- 28:26Speaker 3: We had tunnel boring machines stuck for months on end.
- 28:30Speaker 3: We've had more equipment brought in from overseas.
- 28:33Speaker 2: Are they back on track?
- 28:35Speaker 1: No? No, no, they're fairway behind still.
- 28:38Speaker 17: Right from day one, it was always going to be
- 28:40Speaker 17: complext drilling that sort of that sort of machines in
- 28:44Speaker 17: the mountains, and sadly the contractor didn't deliver to the
- 28:50Speaker 17: standard that you would expect of that sort of contractor.
- 28:53Speaker 17: And that first tunnel boring machine he got stuck about
- 28:55Speaker 17: one hundred meters in. They knew all about that ground
- 28:58Speaker 17: before they launched it, so fact that got stuck and
- 29:01Speaker 17: they couldn't move it. It was an absolute disgrace, but
- 29:04Speaker 17: reflected somewhat on their performance right right from the get go.
- 29:08Speaker 17: They took over a year a year late to bring
- 29:11Speaker 17: up the cabins and the accommodations in the mountains because
- 29:14Speaker 17: they imported it from Italy.
- 29:15Speaker 1: So there was there has been real issues with the contractor.
- 29:18Speaker 1: And not long after I left, I went to a
- 29:21Speaker 1: cost plus contract.
- 29:23Speaker 17: Which in my view was simply taking all the incentive
- 29:26Speaker 17: away from the contract and to deliver on performance place contracts.
- 29:30Speaker 17: So you're always going to have these delays and problems,
- 29:32Speaker 17: and it doesn't surprise him one little bit they're having it.
- 29:36Speaker 17: But that's what it is. But I've got to say you, Chris,
- 29:38Speaker 17: I've got to say, yeah, this is a really good project.
- 29:41Speaker 17: Engineering going to this project is phenomenal. At some point
- 29:45Speaker 17: someone will step back from this and say, what has
- 29:48Speaker 17: been achieved on this site ten years fifteen years time
- 29:53Speaker 17: will set new engineering standard, particularly the way they're running
- 29:56Speaker 17: the tunnel boarding machines uphill. So while there's all these
- 30:00Speaker 17: with it now, and I accept all that, and I
- 30:01Speaker 17: accept my responsibility as part of that, but in reality,
- 30:06Speaker 17: what's going on is absolutely phenomenal in the depths of
- 30:10Speaker 17: those mountains.
- 30:11Speaker 3: I'll come back to the benefits of the project in
- 30:13Speaker 3: a moment, but just your best guess of where we're at.
- 30:17Speaker 3: I mean, this thing looks like being a decade over due,
- 30:20Speaker 3: and the cost blowout could be almost tenfold, couldn't it
- 30:23Speaker 3: from the original two billion dollars?
- 30:26Speaker 1: Oh well, I get hung out the dry and the
- 30:29Speaker 1: two big in a light.
- 30:30Speaker 17: You know. As we seven day one, the feasibility worked
- 30:34Speaker 17: out the cost to build a thing, which came in
- 30:36Speaker 17: at four point eight and with all the other costs
- 30:38Speaker 17: associated it was close to six.
- 30:40Speaker 1: So the cost plus contract doubled.
- 30:44Speaker 17: And it's not surprise on a cost plus contract, and
- 30:46Speaker 17: I think they've got more cost pressure coming now.
- 30:49Speaker 1: They're launching an additional tunnel boring machine.
- 30:51Speaker 17: They're employing fifteen hundred more people on site now than
- 30:55Speaker 17: they had originally budgeted for. So there are certainly cost
- 30:58Speaker 17: pressures coming at them. I'd question lots of those, and
- 31:01Speaker 17: I'll be interested to see in the wash up of
- 31:03Speaker 17: this thing how those costs ever arrived at. But I
- 31:06Speaker 17: suspect the thing might be finished until probably twenty eight
- 31:10Speaker 17: to thirty at the earliest. But that would coincide probably
- 31:14Speaker 17: with the transmission lines which have to be built out
- 31:16Speaker 17: of the mountains. There's no point really having two point
- 31:19Speaker 17: h available to you if you can't get the power
- 31:22Speaker 17: out when you need it, so the transmissions will determine
- 31:26Speaker 17: when Snowy is a benefit to the market.
- 31:29Speaker 3: Now talking about that benefit, of course, as we continue
- 31:32Speaker 3: to build out renewables, we've got a national electricity grid
- 31:36Speaker 3: that lacks the energy reliability at the moment. That's where
- 31:40Speaker 3: snowe Hydro would really come into its own, being able
- 31:44Speaker 3: to store that energy and provide some sort of baseload.
- 31:47Speaker 3: I suppose, as you say, when we need it, is
- 31:49Speaker 3: that going to be absolutely crucial to the system given
- 31:53Speaker 3: the lack of reliability in the system at the moment
- 31:55Speaker 3: as coal fired power stations shut down.
- 31:58Speaker 1: Well, I'm being in your.
- 32:01Speaker 17: I think we are heading over a cliff on the renewables.
- 32:05Speaker 17: While two point zero and the snow existing snowy playing
- 32:08Speaker 17: enormous enormous benefits to the system, You're going to need
- 32:12Speaker 17: massive transmission upgrades and other things to.
- 32:15Speaker 1: Really really get all those benefits.
- 32:17Speaker 17: But that's not going to be anything near enough to
- 32:19Speaker 17: achieve the sort of things they're talking about.
- 32:22Speaker 1: Even a em you know, an EMO in the bowels
- 32:25Speaker 1: of our EMO.
- 32:25Speaker 17: The real workers in an email other than not the
- 32:28Speaker 17: leaders of it, really know that they that the models
- 32:32Speaker 17: that they're trying to trying to put together doesn't work.
- 32:35Speaker 17: And they've been cheering a million particular from the sidelines,
- 32:39Speaker 17: and you probably as well for having the courage to
- 32:42Speaker 17: speak up and point out the facts and the flaws
- 32:44Speaker 17: in what the government's proposing. They need at least another
- 32:49Speaker 17: eight two point ohers eight so that'll take eighty years.
- 32:53Speaker 17: They need leeds another eight to two point ohs to
- 32:55Speaker 17: go any like firming up this renewables that the Chris
- 32:59Speaker 17: Bowen and Anthony alb and easy you have plan for us?
- 33:02Speaker 3: I mean, well that's disastrous. That's not going to happen, right,
- 33:05Speaker 3: that's not going to happen. So what do we do
- 33:07Speaker 3: in the meantime?
- 33:09Speaker 17: Keep Cold going, keep col going, keep building gas plants,
- 33:13Speaker 17: access gas. We have more gas under the Hunter than
- 33:16Speaker 17: there is in Bass straight access gas. Build this one
- 33:19Speaker 17: next to us, build another one alongside it. Buill build
- 33:22Speaker 17: one up there a ladell build it now, start it now.
- 33:26Speaker 17: And our left know we wanted to double the size
- 33:28Speaker 17: of Kolombra. We want to double the side the two
- 33:30Speaker 17: gas plants in Victoria. Build gas plans. They can be
- 33:33Speaker 17: built in relatively quickly, and or you simply got to
- 33:37Speaker 17: do with access gas and you can start to build
- 33:39Speaker 17: them around where you've got transmission lines.
- 33:41Speaker 1: Get gas plans up, keep your baseloaders going, Arrahi bays Water.
- 33:47Speaker 1: They've all got lots of life left in them. The
- 33:49Speaker 1: notion they're all on their last legs is rubbish.
- 33:52Speaker 17: They've just got to keep up a reasonable amount investment,
- 33:54Speaker 17: keep them going for much longer, and don't ever think
- 33:57Speaker 17: about replacing them until you know what your alternative is
- 34:00Speaker 17: work exactly.
- 34:02Speaker 2: Don't unplug them till we know we're okay.
- 34:04Speaker 3: It's not where the government's heading, but the engineering and
- 34:07Speaker 3: the economics are going to hit them pretty hard eventually.
- 34:10Speaker 3: Thanks for sharing your insights with us.
- 34:12Speaker 1: Paul my pature cress anytime.
- 34:16Speaker 2: He's so much.
- 34:17Speaker 3: He's so right there the country sitting on gas right
- 34:19Speaker 3: around the country where one of the leading.
- 34:21Speaker 2: Exporters of gas worldwide. Yet we won't use it ourselves sufficiently. Madness.
- 34:27Speaker 3: Now, after the break, we have more on the flooding
- 34:28Speaker 3: in New South Wales. Plus are we heading for a recession?
- 34:36Speaker 3: So much more to cram into the program. Let's return
- 34:39Speaker 3: to the flood crisis in New South Wales. Multiple rescue
- 34:41Speaker 3: operations are underway and there are more than a dozen
- 34:44Speaker 3: emergency warnings in place. G Had Dibb is the New
- 34:48Speaker 3: South Wales Minister for Emergency Services.
- 34:50Speaker 2: He joins us now live. Good to talk to you again.
- 34:52Speaker 3: G had to tell us about the extent of the flooding,
- 34:56Speaker 3: whether you've got to handle on the area affected and
- 34:59Speaker 3: how much the worse you fear it could get in
- 35:01Speaker 3: the next couple of days.
- 35:03Speaker 15: Yeah, thanks so much. Chris's good to be with you again.
- 35:05Speaker 15: I prefer to be talking about something different, But obviously
- 35:08Speaker 15: we're managing a pretty difficult situation at the moment and
- 35:11Speaker 15: we're doing the very best that we can, and the
- 35:13Speaker 15: emergency services have been out there. I mean, in effect,
- 35:16Speaker 15: we've had some really strong rain if you think about it,
- 35:20Speaker 15: from like the Newcastle Lower Hunter area and it's starting
- 35:23Speaker 15: to head up towards Coffs Harbor. In some parts we've
- 35:27Speaker 15: had over three hundred millimeters of rain, and I think
- 35:30Speaker 15: in Tare, which is on a New South as was
- 35:32Speaker 15: Mid North Coast, we've had five times the amount of
- 35:35Speaker 15: average rainfall in two days. And to give people a
- 35:39Speaker 15: concept of that, we're talking about three hundred millimeters of rain,
- 35:43Speaker 15: you know, in different parts, and that's in a place
- 35:45Speaker 15: where there's already the grounds have been saturated, the rivers
- 35:48Speaker 15: are full, when other on the East coast there's been
- 35:51Speaker 15: plenty of rain over the past six months and so
- 35:53Speaker 15: in ef fact that water's sort of got nowhere to go,
- 35:55Speaker 15: and you know, we're managing our way through this and
- 35:58Speaker 15: obviously undertaking a whole heap of warnings. There's been a lot,
- 36:04Speaker 15: as you said, there's a number there's evacuation centers that
- 36:06Speaker 15: are open pretty much around that area, and you know,
- 36:09Speaker 15: to give you an example, just today, there's been two
- 36:11Speaker 15: hundred and eighty nine flood rescues, wow, and over close
- 36:14Speaker 15: to forty and close to four thousand incidents over the
- 36:17Speaker 15: past few days that the SEES and our emergency services
- 36:20Speaker 15: have responded to.
- 36:21Speaker 2: So let me just pass on to you.
- 36:23Speaker 3: Let me just pass on to you some information we
- 36:26Speaker 3: got live on air twenty minutes ago from Jeremy Thornton,
- 36:29Speaker 3: a resident and businessman in tai He was very complementary
- 36:33Speaker 3: about the information everyone's been getting so far about the
- 36:36Speaker 3: warnings to evacuate and what to expect. But he's desperate
- 36:40Speaker 3: for the next stage. He says, people need to know
- 36:42Speaker 3: the next stage on what facilities.
- 36:44Speaker 2: Will be available.
- 36:45Speaker 3: They know they're going to be in strife for days
- 36:47Speaker 3: to come. So that's his plea to you to keep
- 36:49Speaker 3: the information coming so they know what services will be
- 36:52Speaker 3: available in days to come.
- 36:54Speaker 15: No, thanks thanks a lot for that, Chris, and thanks
- 36:57Speaker 15: to Jeremy for acknowledging that. I mean, one of the
- 36:59Speaker 15: things that we we really took, especially when I became
- 37:01Speaker 15: the minister, was from learnings of twenty twenty two floods,
- 37:05Speaker 15: and we thought that what we could do is a
- 37:06Speaker 15: little bit better. Is better communication, be really clear without
- 37:09Speaker 15: communication and tell people what's coming. Obviously, we can't stop
- 37:14Speaker 15: this weather, but what we can do is be better
- 37:16Speaker 15: at the way that we respond to it, better the
- 37:17Speaker 15: way we.
- 37:18Speaker 3: Can All right, we've lost audio there with GDP the
- 37:22Speaker 3: Emergency Services Minister, so.
- 37:26Speaker 12: We've got you back there.
- 37:27Speaker 2: We are out of time.
- 37:28Speaker 3: Thanks so much, Gee, I'd really appreciate you joining us
- 37:31Speaker 3: and good luck in coming days keeping everybody safe.
- 37:34Speaker 2: It's a hell of a task.
- 37:36Speaker 3: New South Wales Emergency Services and first responders have got
- 37:39Speaker 3: ahead of them in coming days because as you heard,
- 37:41Speaker 3: there is much more rain forecast and there is nowhere
- 37:45Speaker 3: for it to go.
- 37:46Speaker 2: Let's get back to the economy now.
- 37:47Speaker 3: I want to catch up with Gigi Foster, who's the
- 37:49Speaker 3: New South Wales Economics and New South Wales University Economics
- 37:52Speaker 3: professor joining us live from Sydney.
- 37:54Speaker 2: Good to talk to you again, Gig.
- 37:56Speaker 3: I wanted to get your thoughts on the back of
- 37:58Speaker 3: this interest rate kat. We heard from Michelle Bullet yesterday
- 38:01Speaker 3: saying they are in two minds as whether a hold
- 38:03Speaker 3: or cut again and they've gone for another slight cat
- 38:06Speaker 3: But she actually said, She's actually mouthed the words that
- 38:10Speaker 3: they're still worried about recession.
- 38:13Speaker 2: What's at play here?
- 38:14Speaker 3: Is it global factors, domestic factors, or a combination of both.
- 38:19Speaker 18: I mean, I do think it's a combination of both. Remember,
- 38:21Speaker 18: markets respond to information. So even if there's no real
- 38:24Speaker 18: effect of for example, the Trump tariffs, let's say, just
- 38:28Speaker 18: to take one thing that's happening internationally, people who believe
- 38:32Speaker 18: that there might be an effect are going to propagate
- 38:33Speaker 18: that belief through markets, and so that's going to create uncertainty.
- 38:37Speaker 18: It's going to create more hesitancy. It basically self perpetuates,
- 38:40Speaker 18: and it's like a self fulfilling prophecy. It will make
- 38:43Speaker 18: people act more bearish rather than bullish, and so that
- 38:47Speaker 18: is definitely probably on her mind. I would say, whether
- 38:50Speaker 18: or not there's going to be a real effect of
- 38:51Speaker 18: those tariffs, you know, that's really substantial economically, if people
- 38:55Speaker 18: didn't have that fear factor or that kind of spook factor,
- 38:58Speaker 18: I'm not sure, do you think. Domestically, of course, we
- 39:01Speaker 18: know we've had this productivity slump for years now, and
- 39:05Speaker 18: we've got a bloated public service which is dragging us down.
- 39:09Speaker 18: And of course, as you just were talking about with
- 39:11Speaker 18: a previous guest. We aren't really managing our energy very well.
- 39:14Speaker 18: And energy is an input into almost every aspect of
- 39:16Speaker 18: the modern lifestyle. So I think there are a lot
- 39:18Speaker 18: of things we could do a lot better on the
- 39:20Speaker 18: domestic front, and of course making our shoring up our
- 39:24Speaker 18: own capacity as Australians to make things and do things
- 39:29Speaker 18: for ourselves, having food security and whatnot is important. But
- 39:33Speaker 18: I would say also equally important is diversifying our trading
- 39:36Speaker 18: base overseas, particularly in lighter what's happening in the US.
- 39:40Speaker 3: Yes, spot on. He's a little bit of what Michelle
- 39:42Speaker 3: Bullock said yesterday.
- 39:44Speaker 19: If you look at our our scenario analysis, it does
- 39:48Speaker 19: suggest that in a really bad outcome, they could possibly
- 39:52Speaker 19: be a recession. Yes, that's in the very extreme circumstance.
- 39:57Speaker 3: Yeah, so that's not to I've stated it now. You
- 40:00Speaker 3: and I share these concerns. When you talk about what
- 40:02Speaker 3: needs to be fixed in this economy, and talking in
- 40:05Speaker 3: the pre election context, people say, oh, you're playing politics
- 40:07Speaker 3: or whatever.
- 40:08Speaker 2: Well I'm not.
- 40:09Speaker 3: What I care about is the future of our country, right,
- 40:12Speaker 3: I'm worried about it. I'm worried about the level of
- 40:14Speaker 3: government spending, and I'm worried about we've turned energy from
- 40:18Speaker 3: an advantage into a disadvantage. And I'm worried about the
- 40:21Speaker 3: lack of productivity. The ALP national secretary today said at
- 40:25Speaker 3: the National Press Club, but the focus groups don't talk
- 40:27Speaker 3: to him about productivity. Well, yeah, that's a glib line.
- 40:30Speaker 3: But the whole economy depends on productivity. And I'm worried
- 40:33Speaker 3: that the government's got such a big margin here now
- 40:38Speaker 3: on an ineffective opposition, they're just going to continue down
- 40:41Speaker 3: this road of spending and not actually reforming anything.
- 40:44Speaker 9: No.
- 40:45Speaker 1: I think that's right, Chris.
- 40:45Speaker 18: That's what the political incentives will dictate for them, and
- 40:48Speaker 18: there's no reason to think that the Australian people are
- 40:50Speaker 18: going to demand anything different. Where are the mechanisms to
- 40:53Speaker 18: bring that up? I mean, I'm co organizing the Australian
- 40:56Speaker 18: Conference of Economists in July and we will be trying
- 40:59Speaker 18: to talk about a lot.
- 41:00Speaker 1: Of these things.
- 41:00Speaker 18: We have some sessions on productivity. But even academic economists
- 41:04Speaker 18: generally speaking, as you know, are a bit divorced from
- 41:06Speaker 18: the problems of the country that pays their salaries. You know,
- 41:10Speaker 18: maybe a present company accepted, but generally speaking, it's not
- 41:12Speaker 18: that popular to be doing research into productivity. It's kind
- 41:15Speaker 18: of not sexy, it's kind of boring. But as you say,
- 41:18Speaker 18: it underpins so much, and so I think we need
- 41:20Speaker 18: to have an elevation of economic literacy and reality facing
- 41:24Speaker 18: in this country before we're going to get any serious
- 41:26Speaker 18: attempts to fix the structural issues that we've got. And
- 41:29Speaker 18: those issues are really run right through multiple sectors and
- 41:33Speaker 18: they have a lot to do with the way that
- 41:34Speaker 18: the government manages and also just sees its role. I
- 41:38Speaker 18: think it's not that the government should.
- 41:40Speaker 2: Fix our problems.
- 41:41Speaker 1: We need to have markets.
- 41:42Speaker 18: As the primary source of growth and productivity and health.
- 41:46Speaker 3: As Ronald Reagan's famously said, governments not solution.
- 41:50Speaker 2: Governments the problem.
- 41:51Speaker 3: Will come back to you and discuss some of those
- 41:53Speaker 3: issues in detail.
- 41:54Speaker 2: GGI, thanks for joining us, g G as US. They're
- 41:58Speaker 2: joining us.
- 41:59Speaker 3: Live from the University of New South Wales. We do
- 42:01Speaker 3: have to get to a break on the other side.
- 42:02Speaker 3: Danika to Georgia and Justin Smith Wednesday wrangling. We'll talk
- 42:05Speaker 3: about all the coalition travails and a bit of silliness
- 42:10Speaker 3: in the media.
- 42:16Speaker 2: We're going to wrangle.
- 42:17Speaker 3: We've got Justin Smith in our Melbourne studio and on
- 42:19Speaker 3: the desk key with me, Denika to Georgio in early
- 42:23Speaker 3: from what are you doing tonight? Late tonight all over
- 42:27Speaker 3: the place. Look, let's start with the coalition, Justin. Is
- 42:30Speaker 3: this a ridiculous move by the Nationals to blow up
- 42:33Speaker 3: the Coalition or is this a healthy sort of time
- 42:35Speaker 3: apart to reassess their relationship.
- 42:39Speaker 20: I don't think healthy is worth that I would ascribe
- 42:44Speaker 20: to what's been happening over the last couple of days, mate,
- 42:48Speaker 20: And I don't think you would do that either. But
- 42:50Speaker 20: you've got to have a look at the Nationals here
- 42:52Speaker 20: and think, well, it's easy for them to sort of
- 42:55Speaker 20: sling off at the Liberal Party and then the Liberal Party.
- 42:57Speaker 20: He certainly deserves it after the result that they've had.
- 43:00Speaker 2: But the Nationals need.
- 43:01Speaker 20: To remember that they've been along for the ride, not
- 43:03Speaker 20: only for eighty years, but over this disastrous campaign.
- 43:07Speaker 2: They've been along for the ride.
- 43:08Speaker 17: Now.
- 43:09Speaker 20: You know, people like David Little Proud has been standing.
- 43:11Speaker 4: Up and.
- 43:13Speaker 20: You know, sticking up for Peter Dutton and going along
- 43:17Speaker 20: with the campaign. It's their campaign as well. Yeah, so
- 43:19Speaker 20: if it was a disaster, they've certainly got to where
- 43:22Speaker 20: some of that too, you would think, but maybe a
- 43:25Speaker 20: little time apart might be as you say, healthy.
- 43:29Speaker 3: There is a sense to Nika that it's bit of
- 43:31Speaker 3: you know, it's not me, it's you.
- 43:33Speaker 21: Know, it's a bit like a bad relationship I divorced
- 43:36Speaker 21: gone wrong or something. Look, I do actually agree with
- 43:39Speaker 21: Justin's point. I think they need to actually come together soon,
- 43:41Speaker 21: because otherwise we are going to be stuck with labor
- 43:44Speaker 21: for a very very long time, and the Libs and Nats.
- 43:47Speaker 2: Will be together.
- 43:48Speaker 21: But my issue here is why would the Nationals want
- 43:52Speaker 21: to wait around for the Liberals to sort themselves out?
- 43:54Speaker 9: I mean the Libs? Who are they? What do they
- 43:56Speaker 9: stand for? What are their policies?
- 43:58Speaker 21: The Nats are looking after the people in the regions,
- 44:00Speaker 21: They're looking after nuclear power. They want to ditch at
- 44:03Speaker 21: zero by twenty fifty. What exactly do the Liberals stand
- 44:06Speaker 21: for it? If the Lips don't get themselves together soon
- 44:08Speaker 21: and find out that.
- 44:09Speaker 9: Policy, well no one of the Mats are forging a head.
- 44:12Speaker 2: Well, hang on all these policies.
- 44:13Speaker 3: The Nats are worried about the policies that were taken
- 44:15Speaker 3: to the election, so they should stay in and try
- 44:18Speaker 3: and make sure that the Coalition sticks with them, and
- 44:20Speaker 3: the Nats haven't abandoned that zero.
- 44:23Speaker 2: They've actually backed.
- 44:23Speaker 21: It for the last four But the whole nuclear argument
- 44:26Speaker 21: was buried in the last time.
- 44:27Speaker 2: No, they stuffed it up. They Look, I'm just saying
- 44:30Speaker 2: the policies are there. The way they prosecuted them just disastrous.
- 44:34Speaker 3: Let's have a look at what the great Man, the
- 44:36Speaker 3: former Prime Minister John how It had to say with
- 44:38Speaker 3: Andrew Bolt last night. Oh we don't, but I can
- 44:46Speaker 3: assure you that the great Man shared words of wisdom
- 44:50Speaker 3: in which he suggested the Coalition needs to get back
- 44:54Speaker 3: together for the sake of the country.
- 44:55Speaker 2: It's the only way to provide.
- 44:56Speaker 3: An effective opposition and a path forward for the right
- 44:59Speaker 3: of center parties. Do you think we'll see this resolved quickly?
- 45:03Speaker 2: I just got a sense.
- 45:04Speaker 3: Talking to David Little Proud earlier justin that you know,
- 45:07Speaker 3: maybe there could be a quick.
- 45:09Speaker 2: Sort of Reprochmont.
- 45:10Speaker 3: But there seems to be another school of thought that
- 45:12Speaker 3: thinks this could all go all the way to the
- 45:14Speaker 3: next election.
- 45:16Speaker 20: Look, I think it's going to go all the way through.
- 45:18Speaker 20: They certainly seem to be determined. But can I say this,
- 45:20Speaker 20: though there seems to be there's a determined some determination
- 45:24Speaker 20: sometimes and it comes from people in the media that
- 45:28Speaker 20: we've got to save the Liberal Party or we've got
- 45:30Speaker 20: to save the coalition. I know that's John Howard's job,
- 45:33Speaker 20: and that's you know, that was a big part of
- 45:34Speaker 20: his legacy, is keeping the coalition together.
- 45:37Speaker 9: But if the.
- 45:38Speaker 20: Liberal Party were to dissolve, and if the National Party
- 45:42Speaker 20: were to dissolve, someone else is going to fill that void.
- 45:45Speaker 20: I mean, I think trying to save them has probably
- 45:49Speaker 20: been their biggest problem because they think they've got so
- 45:51Speaker 20: many people sticking up for them that all I've got
- 45:54Speaker 20: to do is put on a blue bloody T shirt
- 45:56Speaker 20: and go to the polling boost and people are going
- 45:58Speaker 20: to vote for them. Maybe they need to act, start
- 46:00Speaker 20: trying a hell of a lot harder than they have
- 46:03Speaker 20: been to sell what they've got and to try and
- 46:07Speaker 20: catch a few voters.
- 46:09Speaker 2: Well, I think it was just a disaster.
- 46:11Speaker 3: That's been the natural party of government in this country
- 46:13Speaker 3: over the past century. Toneka And you do need an
- 46:16Speaker 3: effective opposition as well as an alternative government, and you
- 46:19Speaker 3: do need a rite of center party. We can't have
- 46:21Speaker 3: everybody on the green left. We won't last very long.
- 46:24Speaker 9: No, we certainly will not last very long.
- 46:25Speaker 21: But I also think it raises the question, Chris, of
- 46:28Speaker 21: where is conservative politics heading to in this country? When
- 46:32Speaker 21: already weeks after an election you've got a split for
- 46:35Speaker 21: the coalition. I think it raises questions about where it's going,
- 46:38Speaker 21: and again it comes down to what they actually stand
- 46:41Speaker 21: for anymore.
- 46:42Speaker 2: It's extraordinary.
- 46:43Speaker 3: I've never seen it this low, obviously, and no one
- 46:47Speaker 3: expected this two months ago.
- 46:48Speaker 2: And for all the.
- 46:49Speaker 3: Gloating labor supporters might have, none of them predicted this.
- 46:53Speaker 2: So it is extraordinary.
- 46:55Speaker 3: But it goes to show in politics, nothing's ever as
- 46:57Speaker 3: good or as bad as it seems, so it could
- 46:59Speaker 3: turn around quickly if they get their act together.
- 47:02Speaker 2: I want to get to it. It's as bad as
- 47:03Speaker 2: it seems.
- 47:04Speaker 3: Oh no, no, no, nothing in politics is ever as
- 47:06Speaker 3: good or as bad as the sieves. That's the utbreakable rule.
- 47:12Speaker 2: Have a different thought.
- 47:13Speaker 3: Well, I'm tipping in about probably not yet, but within
- 47:17Speaker 3: a week or two Peter Dutton will be thinking he's
- 47:19Speaker 3: well out of it, get his handicapped down and all
- 47:24Speaker 3: the rest of it. I want to go to the
- 47:25Speaker 3: US politics, and we've talked.
- 47:27Speaker 2: A lot about how the media and the Democrats in.
- 47:29Speaker 3: The White House hid the obvious mental decline of Joe Biden.
- 47:34Speaker 3: But the person a lot of people are focusing.
- 47:36Speaker 2: On now is his wife, Dr Jill Biden. His is.
- 47:40Speaker 21: You did such a great job.
- 47:42Speaker 3: You answered every question you want.
- 47:49Speaker 2: He answer the crowd, what did Trump do?
- 47:56Speaker 3: The last time I saw someone talking like that to
- 47:58Speaker 3: a person was at my kids childcare center.
- 48:01Speaker 9: You know, so chatronizing.
- 48:03Speaker 2: Do you think she's culpable?
- 48:04Speaker 9: I do, absolutely, she's culpable.
- 48:06Speaker 21: Doctor Jill acted like the ultimate stage mother throughout this
- 48:09Speaker 21: entire campaign, orchestrating Joe Biden's stage left, stage right. The
- 48:12Speaker 21: bloke could barely stand up. He had no mental capacity
- 48:16Speaker 21: to do anything, yet she was cheering him on. And
- 48:18Speaker 21: you remember, a week after that debate, Chris, she posed
- 48:21Speaker 21: on the front cover of Vogue magazine wearing a five
- 48:24Speaker 21: thousand dollar outfit and said, we will decide our future.
- 48:28Speaker 21: She is as culpable as the rest of them. She's
- 48:30Speaker 21: as culpable as a Democrat. She's as culpable as all
- 48:33Speaker 21: of the doctors who hid his decline. We should know
- 48:35Speaker 21: when he was first diagnosed, because I actually think that's
- 48:38Speaker 21: a disgrace, because also he had he won.
- 48:41Speaker 3: Well, they were just going to give it to Kamla
- 48:43Speaker 3: I suppose, so, Justin, you still reckon he was good
- 48:45Speaker 3: enough to go for another term, don't.
- 48:46Speaker 20: You said that? But anyway, look nice try. I actually
- 48:54Speaker 20: thought the courts would have been far too busy with
- 48:56Speaker 20: his both his successor and predecessor who happens to be
- 49:00Speaker 20: exactly the same person. But if they lie to anyone,
- 49:03Speaker 20: they should absolutely answer to it. I mean, we're talking
- 49:05Speaker 20: about a big job here, so if they covered anything up,
- 49:08Speaker 20: I have no problem with them with people going after them.
- 49:12Speaker 3: Yes, mord On, thanks for joining us. Justin and Deanika
- 49:14Speaker 3: will catch up with you next week. I just want
- 49:16Speaker 3: to finish off with some of your feedback from last
- 49:18Speaker 3: night's program, where you had a bit to say about
- 49:20Speaker 3: the coalition breaking up. Glenn says, finally some common sense.
- 49:24Speaker 3: Far too many liberal MPs wanted net zero renewables, no
- 49:27Speaker 3: nuclear or coal, and high immigration. Another viewer says the
- 49:31Speaker 3: coalition was nothing more than labor light because of the Liberals,
- 49:34Speaker 3: a clear choice is now available, there is for some
- 49:37Speaker 3: voters in the regional area. So I don't know who
- 49:40Speaker 3: the coalition is going to put up in the city seats.
- 49:42Speaker 3: We shall see. Thanks so much for joining me. I
- 49:44Speaker 3: will be back tomorrow night at five o'clock. Here's Peter Quedlin.