Latest / The Kenny Report / The Kenny Report | 13 May

Transcript

The Kenny Report | 13 May · The Kenny Report

• 0:00
  Speaker 1: Live from the Skying New Center.
• 0:03
  Speaker 2: This is the Kenny Report.
• 0:07
  Speaker 1: Thanks for joining me.
• 0:08
  Speaker 3: Labour's lies and broken promises dominate the post budget debate,
• 0:12
  Speaker 3: while on the economic front we see higher taxes, higher spending,
• 0:16
  Speaker 3: and higher debt.
• 0:17
  Speaker 1: For as far as the eye can see.
• 0:20
  Speaker 3: One nation finally clears up those appalling comments about the
• 0:23
  Speaker 3: possibility of Bondai being a false flag attack. Pauline Hansen
• 0:28
  Speaker 3: joins me live. Donald Trump is about to arrive in
• 0:31
  Speaker 3: China for a summit with Shi Jingping. Tom Switzer will
• 0:34
  Speaker 3: analyze that, while Esther Kraku joins us from London as
• 0:38
  Speaker 3: Keirs Stamer barricades himself in at number ten Downing Street,
• 0:42
  Speaker 3: and we'll continue the budget debate in the Wednesday Wrangle
• 0:45
  Speaker 3: with Justin and Denika.
• 0:47
  Speaker 1: Let's get cracking.
• 0:51
  Speaker 3: What a shocking budget for this country in an era
• 0:55
  Speaker 3: of superficial and cynical politics, an era of sloppy lazy,
• 1:00
  Speaker 3: an era of reckless spending, expanding public sectors and crushing taxation.
• 1:06
  Speaker 3: In an era of national energy self harm, stagnant productivity,
• 1:11
  Speaker 3: falling international competitiveness, and unsustainable immigration. In an era as
• 1:18
  Speaker 3: cynical and as damaging as all of that, This budget
• 1:22
  Speaker 3: takes the cake. Labor has refused to stop spending, refuse
• 1:28
  Speaker 3: to halt the ever expanding reach of government. Labor has
• 1:31
  Speaker 3: again gone for a tax grab to fund its own
• 1:35
  Speaker 3: lack of discipline, and Labour has ducked the challenge of
• 1:39
  Speaker 3: finding reform, stripping back government, freeing up our cheap energy advantage,
• 1:45
  Speaker 3: or lifting our taxation burden. Instead, Labor is taking money
• 1:50
  Speaker 3: from property investors large and small to pretend that it's
• 1:55
  Speaker 3: helping young people. In reality, Labor is leaving those young
• 1:59
  Speaker 3: people with a cross generational debt burden to be repaid
• 2:04
  Speaker 3: by their taxes for decades to come. Labour has provided
• 2:09
  Speaker 3: no repair for the budget, no plan for the economy.
• 2:13
  Speaker 1: And no hope for the nation.
• 2:16
  Speaker 3: But surely a Labor government that has faced far too
• 2:19
  Speaker 3: little scrutiny because of a compliant media and an incompetent opposition,
• 2:25
  Speaker 3: surely it has gone too far.
• 2:26
  Speaker 1: Surely now it will face a.
• 2:29
  Speaker 3: Public backlash because the facts are so blatant, the breach
• 2:33
  Speaker 3: of trust so great. In fact, Finally, last night, as
• 2:37
  Speaker 3: we awaited the budget speech, most media was confronting the
• 2:42
  Speaker 3: essential dishonesty of this Prime Minister and his treasurer.
• 2:47
  Speaker 2: But its Labour's broken promises on property taxes that could
• 2:50
  Speaker 2: come back to bite.
• 2:52
  Speaker 4: In less than ninety minutes, Treasurer Jim Charmers will hand
• 2:54
  Speaker 4: down a budget of broken.
• 2:56
  Speaker 5: Promises, arguing it's necessary for the greater good.
• 3:00
  Speaker 6: It was the worst kept secret in Canberra, but tonight
• 3:03
  Speaker 6: the Prime Minister and the Treasurer have confirmed they will
• 3:06
  Speaker 6: break an election promise with changes to tax settings on
• 3:10
  Speaker 6: investment properties.
• 3:12
  Speaker 3: And sure enough the budget speech confirmed the broken promises,
• 3:16
  Speaker 3: exposed the lies. In fact, the budget lockup seemed entirely
• 3:20
  Speaker 3: unnecessary because everything we needed to know about this budget
• 3:25
  Speaker 3: had already been.
• 3:25
  Speaker 1: Released in the lead up.
• 3:27
  Speaker 3: At its core was the broken promise on negative gearing
• 3:31
  Speaker 3: and capital gains tax. These changes do two things. First
• 3:36
  Speaker 3: they destroy the integrity of the government, and second they
• 3:40
  Speaker 3: increased taxation on housing investment. History and common sense tells
• 3:46
  Speaker 3: us this will push rents up and exacerbate the housing crisis.
• 3:51
  Speaker 3: And so much for the fair go, so much for aspiration.
• 3:55
  Speaker 3: Young people will be denied the investment incentives that negative
• 3:59
  Speaker 3: gearing that Albanezi and his cohort have used and can
• 4:03
  Speaker 3: continue to use as long as they hold on to
• 4:06
  Speaker 3: their properties. Labour's spin is that they are taking money
• 4:10
  Speaker 3: off wealthy boomers to help the young. But the reality
• 4:14
  Speaker 3: is that boomers like the Prime Minister, keep their housing
• 4:18
  Speaker 3: investment advantage, but young people will be denied the same
• 4:23
  Speaker 3: tax incentives. That is neither fair nor sensible.
• 4:29
  Speaker 7: The government, by its own calculations, is saying that will
• 4:33
  Speaker 7: reduce supply of homes by thirty five thousand, So that
• 4:37
  Speaker 7: is simply unacceptable.
• 4:39
  Speaker 8: It's a broken promise.
• 4:40
  Speaker 1: It is a big roll of the dice.
• 4:42
  Speaker 9: I think on the tax side of it alone, the
• 4:45
  Speaker 9: answer is clearly non. The modeling shows that it won't
• 4:50
  Speaker 9: be accretive to housing supply.
• 4:53
  Speaker 3: Surely this will be the turning point for this government
• 4:56
  Speaker 3: their Deceit is just too brazen to be ignored taking
• 5:00
  Speaker 3: the people of this country for fools, and nobody's going
• 5:03
  Speaker 3: to much like that. The media suddenly has a bit
• 5:07
  Speaker 3: of an edge.
• 5:08
  Speaker 4: The name of honesty and integrity. When you say you
• 5:11
  Speaker 4: changed your position, is that a concession that you lied.
• 5:15
  Speaker 5: At a statement of fact that we have changed our position.
• 5:19
  Speaker 4: But no apology to those who listen to you say
• 5:22
  Speaker 4: multiple times that CGT and negative gearing wouldn't be touched.
• 5:25
  Speaker 10: I'm being upfront with you and with all of your viewers, Pete,
• 5:28
  Speaker 10: When I say that we have changed our view.
• 5:30
  Speaker 9: This is being labeled wanting that a budget of broken promises?
• 5:34
  Speaker 9: Can Australians still trust the things you say?
• 5:38
  Speaker 5: We have changed our position now, I'm upfront about that,
• 5:41
  Speaker 5: and we'll own that.
• 5:42
  Speaker 9: We're getting a lot of reaction, Kat says my husband
• 5:46
  Speaker 9: for my husband and I two school teachers. Negative gearing
• 5:49
  Speaker 9: was one way we could get ahead. You lied to
• 5:52
  Speaker 9: get votes. Shame on this government crushing dreams and telling lies.
• 5:57
  Speaker 8: It's pretty harsh criticism.
• 5:59
  Speaker 1: What is say to that?
• 6:00
  Speaker 10: I want to be really upfront with your viewers, Mat
• 6:03
  Speaker 10: We've come to a different view on these policy areas.
• 6:05
  Speaker 8: Has your word ever been your money?
• 6:07
  Speaker 1: There? It good to be with you share.
• 6:09
  Speaker 5: We've changed our position.
• 6:10
  Speaker 1: I'm upfront about that, and you're sort of gambling, aren't you?
• 6:14
  Speaker 2: On young voters backing you and not worrying about government
• 6:16
  Speaker 2: integrity and lies.
• 6:17
  Speaker 10: We have come to a different view than the view
• 6:19
  Speaker 10: that we held twelve months ago.
• 6:22
  Speaker 11: When did you rediscover that housing is difficult?
• 6:24
  Speaker 7: Was it twenty won ninety four seats at the election.
• 6:27
  Speaker 10: Why those voters wake up this morning and say you're
• 6:30
  Speaker 10: not different you've just proved you're just another line government.
• 6:36
  Speaker 3: Yeah, and how about those answers from Charmers and Albanezi. Hey,
• 6:39
  Speaker 3: if arrogance and smugness with tax revenue, our budget would
• 6:43
  Speaker 3: be well and truly in surplus. But in reality we
• 6:47
  Speaker 3: have a sluggish economy, high debt deficits as far as
• 6:51
  Speaker 3: the eye can see, a cost of living and housing crisis,
• 6:54
  Speaker 3: a self made electricity supply and price crisis, and inflation
• 6:59
  Speaker 3: driving interest rate increases.
• 7:01
  Speaker 1: And while Labour's budget does.
• 7:03
  Speaker 3: Nothing to fix any of this, in fact, experts point
• 7:06
  Speaker 3: out it.
• 7:07
  Speaker 1: Will likely make it worse.
• 7:09
  Speaker 3: Labor MPs and ministers insult voters with their puerile marketing.
• 7:15
  Speaker 1: The budgets just dropped.
• 7:17
  Speaker 8: I've read the budget so you don't have to. Here's
• 7:20
  Speaker 8: the highlight.
• 7:21
  Speaker 1: A fair go at buying your own.
• 7:23
  Speaker 9: Home, relief, resilience and reform for working Australians.
• 7:30
  Speaker 12: Well, the budget has just dropped and it delivers more
• 7:34
  Speaker 12: tax cuts for hard working Australians, a fair go of
• 7:36
  Speaker 12: buying your own home.
• 7:45
  Speaker 3: The Coalition needs to blast this stuff out of the
• 7:49
  Speaker 3: water and speak directly to young people explaining how they
• 7:54
  Speaker 3: are being lied to and how they are the ones.
• 7:57
  Speaker 1: Who will be left carrying the can.
• 8:00
  Speaker 3: If Labor is allowed to get away with this economic vandalism,
• 8:04
  Speaker 3: it'll only get worse. The Greens, in their own inane way,
• 8:08
  Speaker 3: are already urging more, even more extreme tax measures.
• 8:15
  Speaker 2: Honestly, this is just Labour choosing corporate profits over people.
• 8:18
  Speaker 8: Again.
• 8:19
  Speaker 2: This is while you struggle, Labor, the liberals and One
• 8:23
  Speaker 2: Nation are protecting the one percent.
• 8:25
  Speaker 8: The corporate and billionaire donus.
• 8:26
  Speaker 2: I'm honestly just sick of politicians working for billionaires.
• 8:30
  Speaker 13: Imagine what a budget could do if it actually tax
• 8:33
  Speaker 13: the one percent and delivered for you.
• 8:35
  Speaker 8: That's what the Greens would deliver.
• 8:37
  Speaker 3: Good Lord, this is the economics of the university protest mob.
• 8:41
  Speaker 3: This is the rich mentality of socialist activists that ignores
• 8:46
  Speaker 3: where most of the taxation and prosperity comes from, and
• 8:50
  Speaker 3: would take our economy down the path of Venezuela or Cuba.
• 8:55
  Speaker 3: But don't think it's too far fetched to ever happen
• 8:58
  Speaker 3: to us, because Labor, the Greens, and our best guide
• 9:03
  Speaker 3: is Labour's form. Never forget that Labor tried these latest
• 9:07
  Speaker 3: negative gearing changes once before, in the nineteen eighties. They
• 9:11
  Speaker 3: made the housing crisis worse and they were scrapped two
• 9:14
  Speaker 3: years later. Labour then took them, of course, to the
• 9:17
  Speaker 3: twenty nineteen election under Bill Shorten and got thumped. So
• 9:21
  Speaker 3: in the past two election campaigns since then, they've promised
• 9:25
  Speaker 3: repeatedly and emphatically not to change negative gearing or the
• 9:29
  Speaker 3: capital gains tax discount. Yet here they are inflicting these
• 9:35
  Speaker 3: tax increases again. So here's a reminder of four major
• 9:41
  Speaker 3: policies that this Alban easy Charmers Labor government has promised
• 9:46
  Speaker 3: not to deliver, but then broke its word and gave
• 9:50
  Speaker 3: us them all the same.
• 9:52
  Speaker 14: Can you rule out any changes to negative gearing and
• 9:55
  Speaker 14: capital gains tax?
• 9:57
  Speaker 5: How hard is it for the fiftieth time.
• 10:00
  Speaker 1: Comes to negative gearing.
• 10:03
  Speaker 10: We've made it very clear that that's not something that
• 10:06
  Speaker 10: we are proposing.
• 10:07
  Speaker 5: There won't be major changes to superannuation. We've made no
• 10:12
  Speaker 5: decisions about changes to superannuation.
• 10:16
  Speaker 10: Well, look, we said about superannuation that we would maintain
• 10:20
  Speaker 10: the system. Australians shouldn't expect major changes to superannuation.
• 10:24
  Speaker 5: We haven't changed our position on the Stage three tax cuts.
• 10:28
  Speaker 10: Well, our position on the Stage three tax cuts hasn't changed.
• 10:31
  Speaker 5: Reducing power prices by two hundred and seventy five.
• 10:33
  Speaker 10: Dollars twenty twenty five, two hundred and seventy five dollars
• 10:37
  Speaker 10: a year.
• 10:38
  Speaker 3: With this mob, the more they deny something, the more
• 10:42
  Speaker 3: likely that we'll see it. And so now we hear
• 10:45
  Speaker 3: Labor again denying other hard left taxation plans.
• 10:50
  Speaker 10: No, we're not changing the arrangements when it comes to
• 10:54
  Speaker 10: the family home. We're not changing arrangements when it comes
• 10:56
  Speaker 10: to things like inheritances, those sorts of things that people
• 11:01
  Speaker 10: push around on social media and the like.
• 11:04
  Speaker 1: We've made very clear just to confirm you're to change.
• 11:08
  Speaker 4: You're not going to tax the family home next.
• 11:10
  Speaker 3: No, Yeah, Alban Easie and Charmers now say Labor will
• 11:16
  Speaker 3: not tax the family home and will not impose death taxes.
• 11:21
  Speaker 3: So the big question is this, who would be silly
• 11:25
  Speaker 3: enough to put anything past them, and who would ever
• 11:28
  Speaker 3: again believe a single word they say. Last night I
• 11:37
  Speaker 3: showed you the ABC getting all precious about being shut
• 11:40
  Speaker 3: out of one nation press conferences. The national broadcaster fairly
• 11:45
  Speaker 3: bristles against claims of political bias. So have a look
• 11:49
  Speaker 3: at yet another example from last night's budget coverage. Check
• 11:54
  Speaker 3: out this snider attack by host Sarah Ferguson in a
• 11:58
  Speaker 3: post budget interview with Shadow Treasurer Tim Wilson.
• 12:02
  Speaker 14: We set a test that was fundamentally about making sure
• 12:06
  Speaker 14: that we saw a better outcome for Australians and honesty
• 12:09
  Speaker 14: in the budget. And the problem is there has only
• 12:12
  Speaker 14: been one point of honesty that we've seen in this budget,
• 12:15
  Speaker 14: which is we have seen that admit thirty five thousand
• 12:19
  Speaker 14: fewer homes being built over a decade and higher rents.
• 12:22
  Speaker 15: When you talk about honesty, do you need to read
• 12:24
  Speaker 15: that off your notes?
• 12:24
  Speaker 5: Now?
• 12:24
  Speaker 14: There's just a lot of numbers and in this context
• 12:27
  Speaker 14: at the moment.
• 12:28
  Speaker 3: Sarah totally pointless, unnecessary and deliberately nasty from Ferguson.
• 12:35
  Speaker 1: She's never liked that with Labour or the Greens, is she?
• 12:38
  Speaker 3: But what made this particularly amusing to me was the
• 12:42
  Speaker 3: fact that, more than any other television host I've ever seen,
• 12:46
  Speaker 3: I Reckon, Ferguson constantly looks at her notes to read
• 12:51
  Speaker 3: out her points or even read out her questions.
• 12:55
  Speaker 15: Let's talk about the grandfathering. That is how you are
• 12:58
  Speaker 15: dealing with those people who are currently negative, negatively gearing
• 13:03
  Speaker 15: their properties forgive me. Essentially this creates two tiers of
• 13:07
  Speaker 15: property investors, those who are lucky enough to keep their
• 13:10
  Speaker 15: negative gearing tax advantages, and those who are not. You
• 13:12
  Speaker 15: comfortable with a two tier investment system like that?
• 13:16
  Speaker 1: See what I mean?
• 13:17
  Speaker 3: She steers at the liberal for glancing at his nyes.
• 13:20
  Speaker 3: Should be mister liberal front bencher, isn't it true that
• 13:24
  Speaker 3: you look at your notes and doesn't that show that
• 13:27
  Speaker 3: you're dishonest?
• 13:28
  Speaker 1: It is just pathetic. The pot meets the kettle.
• 13:31
  Speaker 3: The ABC's antagonism towards conservatives is extraordinary. And have a
• 13:37
  Speaker 3: look at this from the same interview when Wilson later
• 13:39
  Speaker 3: makes a very important point Furtheston actually acts as the
• 13:43
  Speaker 3: spokesperson for labor, making Chalmer's argument for.
• 13:47
  Speaker 1: Him, even though he wasn't there.
• 13:50
  Speaker 14: The solution that the government is putting forward is to
• 13:52
  Speaker 14: build fewer homes are based on their own data and
• 13:56
  Speaker 14: to see an increase in REPP.
• 13:58
  Speaker 15: I refer people to the Treasurer's an interview just now,
• 14:01
  Speaker 15: who made a case about it being the whole of
• 14:04
  Speaker 15: the housing policy have to be seen in a whole.
• 14:08
  Speaker 15: But just to correct you slightly on that, but that's
• 14:11
  Speaker 15: available to people.
• 14:13
  Speaker 3: They just don't even pretend do they Ferguson of course,
• 14:16
  Speaker 3: presented a three part series claiming that Donald Trump was
• 14:20
  Speaker 3: installed by Vladimir Putin, just a nonsensical and disproven conspiracy theory.
• 14:25
  Speaker 1: That the ABC and her are yet to correct.
• 14:28
  Speaker 3: And the budget last night, just in case you're interested,
• 14:31
  Speaker 3: funneled another one point three billion dollars a year.
• 14:35
  Speaker 1: Their way last night.
• 14:36
  Speaker 3: That's right, one point three billion dollars a year to
• 14:40
  Speaker 3: the ABC to provide news and information to this country
• 14:43
  Speaker 3: under a legislated charter.
• 14:46
  Speaker 1: That the ABC routinely ignores.
• 14:50
  Speaker 3: One point three billion dollars a year and nobody is
• 14:53
  Speaker 3: in charge. Let's go now to the Shadow Finance min
• 15:01
  Speaker 3: Is to clear chamber. Who joins us live from Canberra.
• 15:03
  Speaker 3: Thanks for joining us, Claire. First up, I want to
• 15:06
  Speaker 3: ask you about taxation. The increase in taxation in this
• 15:11
  Speaker 3: budget and the increasing share of government reliance on income
• 15:16
  Speaker 3: tax must be a great worry for aspiration.
• 15:19
  Speaker 1: In this country.
• 15:23
  Speaker 2: I think it's very much a great worry for aspiration
• 15:25
  Speaker 2: in this country.
• 15:26
  Speaker 1: Chris.
• 15:27
  Speaker 2: I mean, we have seen a budget handed down by
• 15:30
  Speaker 2: Jim Chalmers last night that does nothing to help Australians
• 15:34
  Speaker 2: get ahead, and particularly it does nothing to help young
• 15:38
  Speaker 2: Australians get ahead. In fact, it makes it harder for
• 15:41
  Speaker 2: them to get ahead because with the CGT changes and
• 15:44
  Speaker 2: the negative gearing changes that were announced last night, that
• 15:47
  Speaker 2: is going to make.
• 15:47
  Speaker 8: It more difficult for all.
• 15:49
  Speaker 2: Australians, but particularly for young Australians to save up.
• 15:53
  Speaker 8: And invest their nest egg.
• 15:55
  Speaker 2: And I know many young Australians that do that with
• 15:57
  Speaker 2: the intention of getting into the property market. That's before
• 16:00
  Speaker 2: you even consider the fact that the CGT changes and
• 16:04
  Speaker 2: the negative gearing changes that this government promised they weren't
• 16:07
  Speaker 2: going to do are not actually going to result in
• 16:10
  Speaker 2: a greater supply of houses. In fact, the budget papers
• 16:14
  Speaker 2: admit that thirty five thousand fewer houses will be built
• 16:18
  Speaker 2: as a result of these CGT changes and the negative
• 16:21
  Speaker 2: gearing changes.
• 16:22
  Speaker 8: So the Australian.
• 16:23
  Speaker 2: People have been sold a complete furfey here by Jim
• 16:26
  Speaker 2: Chalmers and Anthony Albanezi, and I think they have every
• 16:29
  Speaker 2: right to be waking up this morning feeling pretty disappointed.
• 16:32
  Speaker 1: Yeah.
• 16:33
  Speaker 3: I couldn't agree more when it comes to this negative
• 16:35
  Speaker 3: gearing issue, and will continue to push that here and elsewhere.
• 16:40
  Speaker 3: But I want to focus on income tax and the
• 16:43
  Speaker 3: role that bracket creep plays in this. The government's reap
• 16:48
  Speaker 3: extra revenue every year because of bracket creep. It's especially
• 16:52
  Speaker 3: high now of course, because inflation's quite high. Isn't this
• 16:55
  Speaker 3: an opportunity for the Coalition to index our tax rates
• 16:59
  Speaker 3: get rid of racket creep forever forever.
• 17:02
  Speaker 1: Not only is that fairer.
• 17:03
  Speaker 3: For taxpayers or income taxpayers, but also it helps to
• 17:07
  Speaker 3: impose some discipline on governments when it comes to spending.
• 17:13
  Speaker 2: When I speak to young Australians, I hear time and
• 17:16
  Speaker 2: again that our tax system is not working for them.
• 17:18
  Speaker 2: And certainly, yes, you're right, Chris, Bracket creep is one
• 17:22
  Speaker 2: of the things that they name when they say that
• 17:24
  Speaker 2: they are struggling to get ahead because they can't earn
• 17:28
  Speaker 2: ahead of inflation because it's been so high, and that
• 17:30
  Speaker 2: that gets that their hard earned income gets eaten up
• 17:34
  Speaker 2: through bracket creep. So yes, there's no question in my
• 17:38
  Speaker 2: mind that the system isn't working for Australians and that
• 17:41
  Speaker 2: something has to change.
• 17:43
  Speaker 3: So indexing those tax rates is high on the agenda
• 17:45
  Speaker 3: for the Coalition.
• 17:49
  Speaker 2: Well, look, I think that we have been pretty clear
• 17:51
  Speaker 2: that we want to listen to Australians, particularly listen to
• 17:55
  Speaker 2: young Australians about the concerns that they are facing. And
• 17:57
  Speaker 2: like I say, young Australians do raise with me that
• 18:00
  Speaker 2: they feel that one of the reasons they can't get
• 18:03
  Speaker 2: ahead is because so much of their hard earned income
• 18:07
  Speaker 2: is getting eaten up in taxes. I mean, the other
• 18:09
  Speaker 2: thing young Australians are telling me is that they are sorry.
• 18:15
  Speaker 2: The other thing young Australians tell me is that it's
• 18:17
  Speaker 2: so difficult to get into the housing market and that
• 18:20
  Speaker 2: something has to change there as well. But again we've
• 18:23
  Speaker 2: seen changes announced by the government last night that are
• 18:26
  Speaker 2: going to go nowhere near the kind of change that
• 18:29
  Speaker 2: young Australians need to be able to get into the
• 18:32
  Speaker 2: housing markets. So there's a lot more that this government
• 18:34
  Speaker 2: could be doing.
• 18:36
  Speaker 3: I just want to also ask you about the expanding
• 18:38
  Speaker 3: size of government. It's been extraordinary that we've had an
• 18:40
  Speaker 3: extra forty five thousand or more federal public servants appointed
• 18:44
  Speaker 3: by Labor over this just four years in office. The
• 18:48
  Speaker 3: public service is going to continue to expand under them.
• 18:51
  Speaker 3: Isn't this an opportunity where AI, for instance, major companies,
• 18:57
  Speaker 3: major corporates are shedding jobs because of AI. I would
• 19:01
  Speaker 3: have thought the sorts of service provision and back office
• 19:05
  Speaker 3: work that federal departments often do in Canberra that the
• 19:08
  Speaker 3: potential to cut their workforce and save taxpayers money with
• 19:13
  Speaker 3: the use of AI must be extraordinary.
• 19:18
  Speaker 2: I've been very clear since I've been in the shadow
• 19:21
  Speaker 2: Finance role that of course there is a conversation that
• 19:24
  Speaker 2: needs to happen about the appropriate size of the bureaucracy.
• 19:29
  Speaker 8: And we only have to.
• 19:30
  Speaker 2: Look at the budget to see that the government is
• 19:33
  Speaker 2: getting bigger and bigger and bigger, and government debt as
• 19:35
  Speaker 2: a result of that is getting bigger and bigger and bigger.
• 19:38
  Speaker 2: One of the really scary numbers in the budget last night,
• 19:42
  Speaker 2: and I know I've spoken on your show many times
• 19:44
  Speaker 2: before about the trillion dollar government debt bomb that we're
• 19:47
  Speaker 2: sitting on. The budget papers last night demonstrate that debt
• 19:51
  Speaker 2: bomb is going to increase to one point two trillion
• 19:55
  Speaker 2: dollars and that is an absolutely terrifying number. And young Australians,
• 20:00
  Speaker 2: back to that generational and equity piece, Young Australians are
• 20:04
  Speaker 2: going to be paying back that debt bomb in the
• 20:06
  Speaker 2: future through high taxes. So if we really want to
• 20:09
  Speaker 2: do something for young Australians, it'll be raining in government
• 20:12
  Speaker 2: spending so that we can start getting that debt bomb
• 20:15
  Speaker 2: under control. But again, nothing in Jim Chalmer's budget speech
• 20:19
  Speaker 2: last night talking about that debt bomb and talking about
• 20:22
  Speaker 2: how he is going to reign in government spending to
• 20:24
  Speaker 2: get it under control.
• 20:25
  Speaker 3: Yeah, he's just lumbered that on future generations. Just shocking stuff.
• 20:29
  Speaker 3: Thanks for joining us, Claire, I appreciate it. Clear Chandler,
• 20:31
  Speaker 3: there's the shadow finance minister.
• 20:33
  Speaker 14: Now.
• 20:33
  Speaker 3: I'll be getting paul En Hanson's thoughts on the budget
• 20:35
  Speaker 3: in just a minute. But before I do, I just
• 20:37
  Speaker 3: want to recap an issue that's played out this week.
• 20:40
  Speaker 3: I've brought it to you here. It started with this
• 20:42
  Speaker 3: podcaster's question to One Nation Queensland Senator Malcolm Roberts. The
• 20:46
  Speaker 3: podcast is Lisa James Spencer and she asked this question.
• 20:51
  Speaker 16: I was going to ask one more question on the
• 20:53
  Speaker 16: Israel thing.
• 20:55
  Speaker 8: Do you think that Bondai was a false flag?
• 21:00
  Speaker 1: Idiotic question?
• 21:01
  Speaker 3: But I thought this answer from Malcolm Roberts was appalling.
• 21:06
  Speaker 1: You asked me if I thought it was a false fake.
• 21:08
  Speaker 1: If I make a statement, it's got to be back
• 21:11
  Speaker 1: by fact.
• 21:12
  Speaker 17: I don't have the facts yet, I'm not ruling it out.
• 21:14
  Speaker 3: You notice that he's not ruling out a false flag
• 21:18
  Speaker 3: attack at Bondai just shocking stuff.
• 21:20
  Speaker 1: I've said a number of times he should.
• 21:23
  Speaker 3: Retract that he was asked about it at a press
• 21:26
  Speaker 3: conference in Canberra today.
• 21:27
  Speaker 1: He's part of his answer.
• 21:29
  Speaker 17: The lady interviewing me, he was very naive and very young,
• 21:33
  Speaker 17: very inexperienced, and I was just being gentle with her.
• 21:37
  Speaker 3: Well being gentle with her, you said you didn't rule
• 21:40
  Speaker 3: out a false flag attack. It needed further clarification and
• 21:44
  Speaker 3: thankfully we eventually got that from Pauline Hanson herself and
• 21:48
  Speaker 3: Malcolm Roberts.
• 21:50
  Speaker 7: You have to understand the terminology that Senator Roberts used
• 21:56
  Speaker 7: in that interview is not being taken from taking out
• 22:00
  Speaker 7: of context, completely out of context.
• 22:03
  Speaker 1: The other thing, the other thing.
• 22:04
  Speaker 17: The other thing is that the other thing is that
• 22:06
  Speaker 17: the media is culpable for that woman's question because the
• 22:09
  Speaker 17: media has misled, misled, and people don't trust the media.
• 22:15
  Speaker 1: That false.
• 22:17
  Speaker 7: Of course, it's no false flat.
• 22:19
  Speaker 17: It's an absurd proposition, it's a false flavor.
• 22:22
  Speaker 1: There we go.
• 22:23
  Speaker 3: Let's go to Camberra now and catch up with Pauline handsOn. Pauline,
• 22:25
  Speaker 3: thanks for joining us. I want to get your thoughts
• 22:27
  Speaker 3: on the budget in a moment, but it took us
• 22:29
  Speaker 3: a while to get there. But thankfully you said this.
• 22:31
  Speaker 3: There can't be a false flag operation, and Malcolm Roberts
• 22:35
  Speaker 3: says it's absurd. I don't know how the media is
• 22:37
  Speaker 3: responsible for this, but at least he is now clarified
• 22:40
  Speaker 3: that the idea of a false flag attack is absurd.
• 22:44
  Speaker 3: I would say, apart from being absurd, it's utterly appalling.
• 22:48
  Speaker 7: It is and I totally agree with your comment. Is
• 22:50
  Speaker 7: it is absurd. I've worked with Malcolm for ten years
• 22:54
  Speaker 7: and this man every time I get something, says something
• 22:56
  Speaker 7: on the floor partment, show me the data, but he
• 22:58
  Speaker 7: doesn't mean anything by it. And we've stood strong and
• 23:02
  Speaker 7: united against the Bondai attack, the anti Semitism that's happened
• 23:06
  Speaker 7: in Australia. We've been very united on this. His comments
• 23:09
  Speaker 7: in the Flora Parliament you have to look at what
• 23:11
  Speaker 7: he said over there. So this is absolute rubbish to
• 23:15
  Speaker 7: go on with it all.
• 23:16
  Speaker 3: Right now, David Farley's turned up in the camera.
• 23:19
  Speaker 1: You caught up with him today. Just tell us your
• 23:22
  Speaker 1: thoughts about welcoming someone.
• 23:23
  Speaker 3: Who's actually been elected to the House of Representatives for
• 23:26
  Speaker 3: the first time under the one nation banner.
• 23:30
  Speaker 7: I'm so very proud of the fact that David's here
• 23:34
  Speaker 7: joining the team, and I think with Barnaby by his
• 23:37
  Speaker 7: side in the lawer house, I think they're going to
• 23:39
  Speaker 7: be a great duo representing the people of Bharah and
• 23:43
  Speaker 7: New England and the people of Australia for that matter,
• 23:46
  Speaker 7: on important issues that needs to be debated and spoken about.
• 23:49
  Speaker 7: So I was very proud moment for me, Chris. It
• 23:52
  Speaker 7: really is.
• 23:53
  Speaker 1: Now let's get to the budget.
• 23:55
  Speaker 3: And I would have thought there are a few politicians
• 23:57
  Speaker 3: in the country who know the aspirations of of middle.
• 24:00
  Speaker 1: Australia better than you.
• 24:02
  Speaker 3: Surely, over recent decades at least, if not longer, property
• 24:07
  Speaker 3: investment using negative gearing to advantage has been the chosen
• 24:12
  Speaker 3: method of saving an investment, preparing for the future of
• 24:17
  Speaker 3: so many Australians Mom and Dad's investors.
• 24:19
  Speaker 1: Over the years. How can we deny that to the
• 24:22
  Speaker 1: next generations.
• 24:25
  Speaker 7: Totally agree with you, Chris. You know, as I said,
• 24:28
  Speaker 7: I'm the older generation. And when I was growing up
• 24:31
  Speaker 7: and I'm a baby boomer, so we went without. We
• 24:34
  Speaker 7: didn't have everything. You know, I had secondhand furniture, secondhand clothes.
• 24:37
  Speaker 7: We never went to restaurants. We always cooked in the
• 24:40
  Speaker 7: house to save the money. And then when we have
• 24:42
  Speaker 7: that few extra dollars, then we know bought investment properties.
• 24:46
  Speaker 7: I owned some investment properties and I rented it out
• 24:49
  Speaker 7: to try and get ahead in life. And that's why
• 24:52
  Speaker 7: I was brought up watching my parents, and that was
• 24:55
  Speaker 7: the aspiration. Then you actually get to own your own
• 24:58
  Speaker 7: home through your savings and without. What they've done is
• 25:01
  Speaker 7: strip this away from the future generations. This was a
• 25:04
  Speaker 7: budget basically that says, this is a Marxist socialist, communist budget.
• 25:09
  Speaker 7: We're going to strip wealth. We want to disperse wealth
• 25:12
  Speaker 7: right across it. They're not going to inspire the younger
• 25:15
  Speaker 7: generation to go in there. And most of this housing
• 25:18
  Speaker 7: that's brought up is brought up by those paramedics, nurses, police,
• 25:24
  Speaker 7: these people that actually invest because we want to be
• 25:27
  Speaker 7: able to provide for ourselves in our future, because you
• 25:30
  Speaker 7: don't know what life's going to bring you. Can you
• 25:32
  Speaker 7: depend on the government to give you an age pension?
• 25:35
  Speaker 7: Can you depend on the government give you a decent
• 25:37
  Speaker 7: age care facilities living? No. I wouldn't trust them as
• 25:40
  Speaker 7: far as could throw them, because we've got nothing left
• 25:43
  Speaker 7: in the kitty. Anymore.
• 25:44
  Speaker 1: Chris, we're just about out of time.
• 25:47
  Speaker 3: I want to give you sort of thirty seconds if
• 25:48
  Speaker 3: you can to sum up this budget. What's your assessment,
• 25:51
  Speaker 3: top line assessment of the budget and where it's headed.
• 25:57
  Speaker 7: Chris. They had an extra forty two billion in the
• 26:01
  Speaker 7: budget and yet we're going to blow out thirty one
• 26:04
  Speaker 7: point and a half billion. This means it's government spending.
• 26:06
  Speaker 7: The RBA have said it's government spending mass migration. It's
• 26:10
  Speaker 7: what driving up housing prices that needs to be addressed.
• 26:13
  Speaker 7: You can't keep they're rubbing the people now to pay
• 26:16
  Speaker 7: for the next budget next year to give all the handouts. People,
• 26:20
  Speaker 7: wake up, you'll pay for a future. Generations are going
• 26:24
  Speaker 7: to be pain for this in the future. It is
• 26:26
  Speaker 7: a horrible budget.
• 26:28
  Speaker 3: Yeah, problems are coming down the track even more for
• 26:31
  Speaker 3: this country. Thanks for joining us, Pauline. Appreciate it, Pauline
• 26:33
  Speaker 3: that it's in there. Live in Canberra. After the break,
• 26:36
  Speaker 3: I going to get expert analysis from economists Judith Sloane.
• 26:39
  Speaker 3: One of the things I want to talk to her
• 26:40
  Speaker 3: about is the impact of immigration on the budget.
• 26:44
  Speaker 1: Don't go away.
• 26:48
  Speaker 3: Let's cross to Melbourne now and catch up with the
• 26:50
  Speaker 3: Australians contributing economics out to Judith Sloane. Thanks for joining us,
• 26:54
  Speaker 3: Sir Judith. I got to say, I'm very lucky these
• 26:57
  Speaker 3: days because with the five o'clock Show, I don't go
• 27:00
  Speaker 3: to the budget lockups anymore. But I used to love
• 27:03
  Speaker 3: catching up with you and the lockups because you were
• 27:05
  Speaker 3: just so over the whole process and thought it was fascicle.
• 27:08
  Speaker 3: Have we ever seen a budget more lock up, more
• 27:11
  Speaker 3: fascicle than yesterday? I mean, everything we needed to know
• 27:14
  Speaker 3: had actually been released before the budget.
• 27:19
  Speaker 13: Well sort of, but you know, I keep on saying
• 27:22
  Speaker 13: this year is my last lockup. Then I go there
• 27:26
  Speaker 13: and there is Bob Gottliebsen. Now he's been I mean,
• 27:30
  Speaker 13: he's like, I don't know, thirty forty lockups, and so
• 27:34
  Speaker 13: I feel my performance is kind of quite timid compared
• 27:37
  Speaker 13: with him.
• 27:38
  Speaker 8: Of course, there's a.
• 27:39
  Speaker 13: Degree of camaraderie in the lockup, and of course they're
• 27:43
  Speaker 13: the party bys, that's.
• 27:44
  Speaker 3: The party pies always. But you must have been very
• 27:47
  Speaker 3: depressed of what you saw. Tell us your assessment on
• 27:49
  Speaker 3: the big picture items in the budget. What's happening with
• 27:52
  Speaker 3: the revenue, expenditure, debt, inflation and economic growth.
• 28:00
  Speaker 13: Really important point I think your viewers should understand is that,
• 28:04
  Speaker 13: in many ways, I think all the tax changes and
• 28:08
  Speaker 13: the details and the complexities were kind of a diversion
• 28:13
  Speaker 13: from what is in many ways a kind of really
• 28:16
  Speaker 13: big picture, which is this is a terrible budget from
• 28:19
  Speaker 13: a macro point of view. You know, they really are
• 28:22
  Speaker 13: not repairing the budget, or to the extent that they're
• 28:26
  Speaker 13: repairing the budget, it's based on these heroic assumptions about
• 28:30
  Speaker 13: pulling back spending on the NDIS. Here's the NDIS. It's
• 28:35
  Speaker 13: currently growing more than ten percent next financial years. So
• 28:39
  Speaker 13: kind of like in a few months time, we're going
• 28:42
  Speaker 13: to have spending growing.
• 28:43
  Speaker 8: At one percent.
• 28:44
  Speaker 1: It does not look plausible.
• 28:46
  Speaker 13: Once you take that assumption out, you'll back up to
• 28:50
  Speaker 13: spending over twenty seven percent of GDP.
• 28:53
  Speaker 8: So I really think.
• 28:55
  Speaker 13: You know, in some ways, all that tax reform discussion
• 28:59
  Speaker 13: was hiding what is a very important discussion, and that's
• 29:02
  Speaker 13: budget mismanagement.
• 29:04
  Speaker 1: Yeah, there's just no attempt to bring spending under control.
• 29:06
  Speaker 3: I said this at the time when Mark Butler made
• 29:08
  Speaker 3: the speech announcing these projected savings and the NDIUS, this
• 29:13
  Speaker 3: looked like a smoke screen to pretend the our years
• 29:15
  Speaker 3: of the budget are going to be spending less now,
• 29:19
  Speaker 3: but even with the best intentions, as you say, it
• 29:21
  Speaker 3: might be very difficult to deliver the savings they've outlined.
• 29:28
  Speaker 13: Look, I mean people were focusing on the fact that
• 29:31
  Speaker 13: this was a nigue promise, but the budget itself is
• 29:36
  Speaker 13: basically a farrago of lies. So you know, there's one
• 29:40
  Speaker 13: table there where they say this financial year inflation is
• 29:45
  Speaker 13: going to be five percent. That's probably a little low,
• 29:47
  Speaker 13: but let's agree with that next year. So in a
• 29:51
  Speaker 13: few months time it's going to be two and a
• 29:53
  Speaker 13: half percent.
• 29:54
  Speaker 8: We'll pull the other one.
• 29:56
  Speaker 13: You know, it actually hasn't been two and a half
• 29:58
  Speaker 13: percent for ages. You see, people, I think don't fully
• 30:03
  Speaker 13: understand how much those projections matter.
• 30:06
  Speaker 8: So the people we're extremely.
• 30:09
  Speaker 13: Generous and pretty much double what the Reserve Bank is thinking.
• 30:14
  Speaker 8: But that then all.
• 30:14
  Speaker 13: Feeds into the rest of the figures, right, particularly when
• 30:18
  Speaker 13: you look at say payments or you know a portion
• 30:24
  Speaker 13: of GDP. Clearly what matters also is what you're thinking
• 30:28
  Speaker 13: about the denominator.
• 30:30
  Speaker 1: There right exactly exactly.
• 30:31
  Speaker 3: One other issue I wanted to get your thoughts on
• 30:34
  Speaker 3: is immigration, because you've spoken at length and written a
• 30:36
  Speaker 3: lot about the impact of immigration on the economy, and
• 30:40
  Speaker 3: as a way into it, I want to show you
• 30:41
  Speaker 3: in exchange from question Time today where Tim Wilson asked
• 30:45
  Speaker 3: about the impact of immigration on housing.
• 30:48
  Speaker 1: Have a loot.
• 30:49
  Speaker 14: Since Labor came to office, one point four million people
• 30:52
  Speaker 14: have arrived in Australia.
• 30:54
  Speaker 1: Treasurer.
• 30:55
  Speaker 14: Where will all these new migrants live, mister.
• 30:58
  Speaker 10: Speaker, I hope the shadow true is aware that when
• 31:00
  Speaker 10: he blows on the dog whistle they can hear it
• 31:02
  Speaker 10: in Goldstein too.
• 31:05
  Speaker 1: Just pathetic there from Jim Chalmers.
• 31:07
  Speaker 3: You try and have a sensible debate about immigration, he
• 31:09
  Speaker 3: goes straight to dog whistling and xenophobia and racism.
• 31:12
  Speaker 1: But there are real.
• 31:13
  Speaker 3: Issues here out there, Judith, about the impact of immigration,
• 31:17
  Speaker 3: whether we can sustain it given the other pressures on
• 31:20
  Speaker 3: the economy.
• 31:23
  Speaker 13: Well, this is a classic area where you kind of
• 31:26
  Speaker 13: forecast something so it looks under control. So the last
• 31:31
  Speaker 13: figure was two hundred and forty five thousand. They now
• 31:33
  Speaker 13: admit they're not going to get ned overseas. Margaret, migration
• 31:37
  Speaker 13: of two hundred and forty five is over.
• 31:39
  Speaker 8: Three hundred thousand.
• 31:41
  Speaker 13: Oh well, don't worry, you know, over time, it's just
• 31:43
  Speaker 13: sort of like kicking the can down the road a
• 31:47
  Speaker 13: little bit, but it's okay. In due course, who will
• 31:50
  Speaker 13: be down to two twenty five. Oh and by the way,
• 31:52
  Speaker 13: we're going to reform skilled migration. Well, I mean it
• 31:57
  Speaker 13: seems to me that the attitude of this government in
• 32:01
  Speaker 13: respective immigration is to not go there.
• 32:03
  Speaker 1: Right.
• 32:04
  Speaker 13: It is what it is, and I don't want to
• 32:07
  Speaker 13: upset anyone, and so I think we pay a high
• 32:10
  Speaker 13: price for that.
• 32:12
  Speaker 1: Yeah, to worry. Thanks for joining us, Judith.
• 32:14
  Speaker 3: I appreciate it, Judith Sloan that you can read her
• 32:16
  Speaker 3: stuff in the Australian. We're gonna get to a break.
• 32:18
  Speaker 3: On the other side, we're going to have a look
• 32:20
  Speaker 3: at Donald Trump heading to China. He arrives there in
• 32:22
  Speaker 3: the next few hours for his summit with shi Jingping.
• 32:25
  Speaker 3: Tom Switzer will analyze that for US next. Donald Trump
• 32:34
  Speaker 3: is due to land in Beijing in just a few hours,
• 32:36
  Speaker 3: and just before he departed, the US President was asked
• 32:39
  Speaker 3: what his message would be for Shijinping when it comes
• 32:42
  Speaker 3: to the Iran war.
• 32:43
  Speaker 1: Have a look, We're going to have a long talk
• 32:45
  Speaker 1: about it.
• 32:47
  Speaker 10: I think he's been relatively good, to.
• 32:50
  Speaker 1: Be honest with you.
• 32:51
  Speaker 11: I think he needs to intervene at all with the
• 32:54
  Speaker 11: Irani I don't think he can help in any way. Oh,
• 32:56
  Speaker 11: I don't think we need any help with Iran.
• 32:59
  Speaker 3: Let's bring it and Tom switch economists with the Australian.
• 33:01
  Speaker 3: Good to see you again, Tom. He doesn't need any
• 33:04
  Speaker 3: help from China with Iran, well doesn't he doesn't he
• 33:07
  Speaker 3: need China to lean on Iran if there's going to
• 33:09
  Speaker 3: be any sort of a settlement.
• 33:10
  Speaker 11: Look, I think Trump needs help to open up the
• 33:14
  Speaker 11: straight ofhor moves, and China would like the straight offor
• 33:18
  Speaker 11: moves completely open because they rely a lot on fossil
• 33:21
  Speaker 11: fuels going through the straight offall moves. Despite all the
• 33:24
  Speaker 11: talk that there are trendsetter is in wind and solar,
• 33:27
  Speaker 11: but the reality is Iran will do what's in its
• 33:31
  Speaker 11: best interest. They're not going to be told by any
• 33:32
  Speaker 11: other power, including a close ally like Beijing or Moscow,
• 33:37
  Speaker 11: to tell them how to conduct af fares.
• 33:39
  Speaker 3: Yeah, I'm it's a strong point. I've dealt with the
• 33:43
  Speaker 3: Uranian leadership in days gone by, and you know their
• 33:47
  Speaker 3: geo strategic posture. Well, they may have allies, they may
• 33:53
  Speaker 3: deal with China, Russia and the like, but they see
• 33:56
  Speaker 3: themselves as the inheritors of the Persian Empire. They're very
• 34:01
  Speaker 3: much going to run their own race. They see themselves
• 34:03
  Speaker 3: very much as a regional leader and a religious leader
• 34:07
  Speaker 3: in that sense.
• 34:07
  Speaker 11: All true, but they also, as we've discussed on this program,
• 34:10
  Speaker 11: from Tehran's perspective, the Iranian regime thinks they're facing an
• 34:15
  Speaker 11: existential crisis from the United States and Israel, and they
• 34:18
  Speaker 11: will go to great lengths to try to stare down
• 34:22
  Speaker 11: the Americans and the Israelis. And they don't need the
• 34:24
  Speaker 11: Chinese telling them how to conduct affairs, especially from their perspective,
• 34:28
  Speaker 11: if they get a bad piece.
• 34:29
  Speaker 3: Deal in that sense, as much as you can get
• 34:31
  Speaker 3: in the psychology of the regime. There's a parallel with
• 34:36
  Speaker 3: North Korea, because the North Koreans, why would they want
• 34:39
  Speaker 3: nuclear weapons?
• 34:40
  Speaker 1: In the end, it was as a security guarantee.
• 34:43
  Speaker 11: Well, in fairness to the Iranians, they have now a
• 34:46
  Speaker 11: more powerful incentive to get nuclear weapons because they don't
• 34:49
  Speaker 11: want to be attacked again, and nuclear weapons are the
• 34:53
  Speaker 11: ultimate deterrent to an attack. Remember, both in June last
• 34:57
  Speaker 11: year and February this year in janete Eva, the peace
• 35:01
  Speaker 11: talks between the Iranians and the Americans were interrupted by
• 35:04
  Speaker 11: the bombing, so they feel that a nuclear weapon would
• 35:07
  Speaker 11: be a powerful deterrent.
• 35:08
  Speaker 1: They also they also say they want to obliterate Israel,
• 35:11
  Speaker 1: and they were that's that's beer talk.
• 35:13
  Speaker 11: I think better come on, But that makes I think
• 35:16
  Speaker 11: that that rhetoric is completely inappropriate and they shouldn't go.
• 35:18
  Speaker 1: That makes a bad to hang on us. Got to
• 35:20
  Speaker 1: pick up on that.
• 35:21
  Speaker 3: That is not just rhetoric and be a talk this
• 35:24
  Speaker 3: This is a country that has set Hez Bala onto
• 35:28
  Speaker 3: Israel repeatedly, that has set Hummus onto Israel. The who
• 35:31
  Speaker 3: he's onto Israel, that has directly fired missiles out of itself,
• 35:35
  Speaker 3: that this country wants to a bliterrate in.
• 35:37
  Speaker 11: Israel didn't strike at Israel until it was struck by
• 35:41
  Speaker 11: Israel and the Americans. Wasn't the Iranians that brought on
• 35:44
  Speaker 11: this Christ? Well that's if you were attacked, that's why
• 35:46
  Speaker 11: they did it.
• 35:46
  Speaker 3: Well, that's that's if you're suggesting that Hezbela and Hummas
• 35:50
  Speaker 3: and not operatives of run, which is a hell of
• 35:52
  Speaker 3: a leap.
• 35:53
  Speaker 11: But those operators have also at least Hesbla Hamas is
• 35:56
  Speaker 11: a different ballgame altogether. But the Sheer militia sponsored Iran,
• 36:00
  Speaker 11: remember helped America defeat the Islamic State, the Sunni Jihadis.
• 36:05
  Speaker 11: It's awfully complicated.
• 36:06
  Speaker 1: It is very complicated, but we do need a resolution.
• 36:09
  Speaker 1: We're nearly out of time.
• 36:10
  Speaker 3: But I wanted to get off the international this conflict.
• 36:14
  Speaker 1: Yes, because there's an international strand to this.
• 36:17
  Speaker 3: But you've written very well about this, and you've spoken
• 36:20
  Speaker 3: a lot about this too, and that is the links
• 36:23
  Speaker 3: between the One Nation rise in Australia and what we're
• 36:26
  Speaker 3: seeing in other liberal democracies, Reform in the UK, even
• 36:30
  Speaker 3: the Mega movement in the US.
• 36:32
  Speaker 11: The parallel what's happening here in Britain all across the
• 36:35
  Speaker 11: European continent is the center right mainstream parties are either
• 36:40
  Speaker 11: it'sintegrating or they're splintering, and there's a market now for
• 36:44
  Speaker 11: insurgency populist forces on the right spectrum of opinion. You
• 36:47
  Speaker 11: see this with Nigel Faraj in Britain and the Reform Party.
• 36:51
  Speaker 11: You also see this with Marine le Pen and the
• 36:54
  Speaker 11: National Front in France, the AfD in Germany, the Swedish Democrats.
• 36:58
  Speaker 11: All across Europe. This is happening at a rapid rate.
• 37:01
  Speaker 11: And I think Pauline Hanson in one nation reflects that trend.
• 37:04
  Speaker 11: It's a backlash against economic stagnation, high levels of immigration,
• 37:10
  Speaker 11: a very little accountability of the kind of immigrants who
• 37:12
  Speaker 11: are coming to the country, who cause disruptions to social cohesion,
• 37:17
  Speaker 11: high energy costs, woke culture. All of this is a
• 37:21
  Speaker 11: combustive mixture and that explains why the center right is
• 37:25
  Speaker 11: in all sorts of trouble across the world and the
• 37:28
  Speaker 11: populace insurgencies like Pauline Hanson are doing well.
• 37:30
  Speaker 1: Yeah, it's a global trend.
• 37:32
  Speaker 3: Thanks for joining us, Tom, Thanks Chris, Tom Switzer that
• 37:34
  Speaker 3: you can read his stuff in the Australian as well.
• 37:37
  Speaker 3: I want to go to the UK now and the
• 37:38
  Speaker 3: UK Prime Minister Qir Starmer is hanging on by the
• 37:41
  Speaker 3: skin of his teeth as pressure mounts for him to
• 37:43
  Speaker 3: resign in the wake of hefty losses in those local
• 37:47
  Speaker 3: elections last week. Here's the latest from sky News UK.
• 37:51
  Speaker 18: The PM kicking off cabinet by digging in telling colleagues
• 37:56
  Speaker 18: the last forty eight hours had been destabilizing for the government,
• 38:00
  Speaker 18: that a leadership challenge had not yet been triggered and
• 38:04
  Speaker 18: as such he and his cabinet should get on with
• 38:07
  Speaker 18: the job of governing. But then the ministerial resignations began,
• 38:13
  Speaker 18: first Miata Famboulay, Housing Minister, then the biggest name yet
• 38:19
  Speaker 18: Jess Phillips, the Safeguarding Minister, who told the PM, I
• 38:23
  Speaker 18: know you care deeply, but deeds, not words are what matter.
• 38:28
  Speaker 1: Let's cross A writer and broadcaster is the kraku. It's
• 38:31
  Speaker 1: the he's digging in.
• 38:33
  Speaker 3: He's trying to barricade himself in Number ten soon, isn't he.
• 38:37
  Speaker 16: I mean many squatters across the UK can take notes
• 38:39
  Speaker 16: because that's exactly what he's doing. He's squatting in ten
• 38:42
  Speaker 16: Downing Street. And I think the comical aspect of this
• 38:45
  Speaker 16: is the fact that he has basically decided to close
• 38:47
  Speaker 16: everyone off. Would you believe that the Parliamentary Committee, which
• 38:50
  Speaker 16: is made up of sort of backbench mp speaking for
• 38:53
  Speaker 16: the ruler Labor Party in Parliament, have been told that
• 38:57
  Speaker 16: Kids Dama's diary is unavailable for the next three months.
• 39:00
  Speaker 16: This is a committee that's supposed to meet weekly with
• 39:02
  Speaker 16: the Prime Minister, by the way, So he's basically told
• 39:05
  Speaker 16: the Labor Party, many of whom owe their rise to him,
• 39:09
  Speaker 16: that if they don't put up and deal with the
• 39:12
  Speaker 16: fact that he's not planning on going anywhere. He will
• 39:14
  Speaker 16: call a general election, which is basically throwing a nuclear
• 39:17
  Speaker 16: bomb onto the Labor Party because at the moment it
• 39:20
  Speaker 16: looks like if there was a general election, Reform would
• 39:22
  Speaker 16: wipe away basically the Conservatives and the Labor Party in
• 39:26
  Speaker 16: equal measure. So he's decided to say that, even though
• 39:30
  Speaker 16: thousands of Labor counselors have lost their seats thanks to
• 39:33
  Speaker 16: the general dissatisfaction with the party and particularly him, and
• 39:37
  Speaker 16: knowing the fact that his brand is toxic, he's deciding
• 39:39
  Speaker 16: not to go anywhere. He's fending off every single Labor
• 39:43
  Speaker 16: leadership fight, particularly with West Streeting and Andy Burnham, who
• 39:47
  Speaker 16: he actually stopped from even getting a seat in Parliament
• 39:49
  Speaker 16: recently due to the Gorton, Denton and Gorton by election.
• 39:54
  Speaker 16: So he's basically said he's not going anywhere. You either
• 39:57
  Speaker 16: have to put up with me or watch your seat
• 39:58
  Speaker 16: vanish into thin air, because I will call a general election.
• 40:01
  Speaker 16: And it's quite incredible. I never thought this would happen,
• 40:04
  Speaker 16: that you would basically hold the name of party hostage.
• 40:06
  Speaker 3: Yeah, it's a hell of a threat against your own party,
• 40:09
  Speaker 3: the party that's put you there in the first place.
• 40:12
  Speaker 3: Let's have a look at some of these labor colleagues
• 40:13
  Speaker 3: what they've been saying about it.
• 40:16
  Speaker 14: No one seems to have the names to stand up
• 40:19
  Speaker 14: against Kre star Matt.
• 40:22
  Speaker 4: The Labor Party has a process for triggering a leadership
• 40:25
  Speaker 4: election that has not happened.
• 40:27
  Speaker 15: This government will do what we were elected to do,
• 40:30
  Speaker 15: which is served the British people.
• 40:33
  Speaker 1: So what happens there?
• 40:35
  Speaker 3: Do we see more resignations from cabinet or does somebody
• 40:38
  Speaker 3: really have to mount a serious leadership challenge?
• 40:41
  Speaker 1: How does this style might get broken?
• 40:44
  Speaker 16: It would have to come from someone mounting a credible,
• 40:47
  Speaker 16: serious leadership challenge. At the moment, the two sort of
• 40:50
  Speaker 16: leading names are West Streeting, who's the Health minister, and
• 40:54
  Speaker 16: Angela A Rena, who I'm pretty sure still has tax
• 40:56
  Speaker 16: issues of her own to sort out before she's going
• 40:58
  Speaker 16: to be taken seriously. We are waiting a sort of
• 41:01
  Speaker 16: a meeting. This is what we've been told between Kis
• 41:04
  Speaker 16: Starmer and We're Streeting, and Kis Starmer's plan is planning
• 41:06
  Speaker 16: apparently to tell We're Streeting to stand down. This is
• 41:09
  Speaker 16: not the time for that. Clearly, the labor unions don't
• 41:11
  Speaker 16: believe that Kis Starmer is going to lead the party
• 41:13
  Speaker 16: into the next general election, which we all knew because
• 41:15
  Speaker 16: that's a few years away. So he's just going to
• 41:17
  Speaker 16: try and swat away any sort of credible leadership challenges.
• 41:21
  Speaker 16: And bear in mind he was expecting this. I mean,
• 41:23
  Speaker 16: the mad to Seventh count local council elections were anticipated
• 41:27
  Speaker 16: to be a bloodbar for Labor for four months now,
• 41:29
  Speaker 16: so you know, Kis Starmer's team has been planning to
• 41:32
  Speaker 16: basically fend off any leadership challenges that you're seeing today,
• 41:36
  Speaker 16: and so far we only have ninety MP's that have
• 41:38
  Speaker 16: been calling for his resignation. Most of the ministers that
• 41:41
  Speaker 16: have resigned are not high profile. The only one is
• 41:43
  Speaker 16: Jess Phillips, the Safeguarding Minister, and you know she wasn't
• 41:46
  Speaker 16: doing anything anyway, so it's not I don't think anyone
• 41:49
  Speaker 16: is going to miss.
• 41:50
  Speaker 1: Her in her role. We'll keep tabs on that.
• 41:52
  Speaker 3: There's one other story in the UK I wanted you
• 41:54
  Speaker 3: to bring us up to date with quickly because we're
• 41:57
  Speaker 3: dealing with new text increases here from Labor and yet
• 42:01
  Speaker 3: a Greens leader in the UK has been caught out
• 42:04
  Speaker 3: someone who's always promoting increased taxes, but hasn't been paying
• 42:08
  Speaker 3: his own walk us through it.
• 42:10
  Speaker 16: Yeah, so he didn't pay his council tax to wat
• 42:13
  Speaker 16: them Forest, which would have been the council that he
• 42:15
  Speaker 16: would have paid his tax to for living on a
• 42:17
  Speaker 16: boat in London for three years. So he got away
• 42:20
  Speaker 16: with it for three years and is now saying that
• 42:23
  Speaker 16: it was his second home, which is ironic because the
• 42:24
  Speaker 16: Green Party in particular is very very stringent on the
• 42:27
  Speaker 16: fact that they want to basically tax second homes to oblivion.
• 42:30
  Speaker 16: And he's probably taken like a leaf out of the
• 42:32
  Speaker 16: Angelo Arena tax evasion book, which is tax everyone else
• 42:36
  Speaker 16: but me. And it's interesting that these people that think
• 42:39
  Speaker 16: that they can just keep increasing taxes on everyone somehow
• 42:41
  Speaker 16: don't realize that they could full file to the same
• 42:43
  Speaker 16: taxes that they want to club everyone else.
• 42:45
  Speaker 3: With hypocrisy from the Greens. Well, I never how about that.
• 42:49
  Speaker 3: Thanks for joining us, this appreciate it. It's the correctly
• 42:52
  Speaker 3: there in London. We're going to go to a break.
• 42:55
  Speaker 3: On the other side the Wednesday wrangle, we'll get into
• 42:57
  Speaker 3: the budget debate with Justin and Deneka.
• 43:03
  Speaker 19: Let's get into the Wednesday wrangle with Denika to Giorgio
• 43:06
  Speaker 19: Alive and the late debate and also Justin Smith in Melbourne,
• 43:12
  Speaker 19: justin broken promises and lying politicians.
• 43:16
  Speaker 1: Sometimes it cuts through right.
• 43:20
  Speaker 20: Oh yeah, it's pretty awful, isn't.
• 43:23
  Speaker 1: I mean, because it could be a good budget.
• 43:26
  Speaker 20: I mean, I'll leave it the smarter economic minds to
• 43:29
  Speaker 20: make up, you know, to give us a final decision
• 43:33
  Speaker 20: on whether it was a good budget or not and
• 43:35
  Speaker 20: for who.
• 43:36
  Speaker 1: But it's all going to get overshadowed.
• 43:37
  Speaker 20: Because of these lies that are around it. And I
• 43:41
  Speaker 20: think you were playing that clip before of Anthony Alberzi
• 43:44
  Speaker 20: telling the journalists, well, this is the fiftieth time I've
• 43:47
  Speaker 20: told you the answer is no. Anthony Albanesi needs to
• 43:51
  Speaker 20: go and buy a palmer and a beer for that
• 43:54
  Speaker 20: reporter and apologize for trying to make them look stupid
• 43:58
  Speaker 20: at the time when he's the one who has ended
• 44:02
  Speaker 20: up looking stupid. It is no wonder that we have
• 44:06
  Speaker 20: seen the major parties falling over in the last few
• 44:10
  Speaker 20: years and the result in Parah on Saturday night. It's
• 44:14
  Speaker 20: no wonder because they just think, look, it doesn't matter
• 44:17
  Speaker 20: what we say, people are going to vote for us. Well,
• 44:19
  Speaker 20: just say what we've got to do to get through
• 44:21
  Speaker 20: to the other side. It's a game. It's disgusting, frustrated
• 44:25
  Speaker 20: by it. Let me save you the trouble on that budget.
• 44:27
  Speaker 20: Analysis suggests that it was a shocker. It's a shocker
• 44:30
  Speaker 20: for the country and shocker economically. But let's get back
• 44:33
  Speaker 20: to the broken promises. And before I come to you, Deniko,
• 44:36
  Speaker 20: I just want to show you some of what the
• 44:38
  Speaker 20: Liberals have mashed up on this.
• 44:41
  Speaker 1: My word is my bond?
• 44:43
  Speaker 8: Has your word ever been your body?
• 44:45
  Speaker 4: There?
• 44:45
  Speaker 5: I believe that when you go to an election and
• 44:49
  Speaker 5: you make commitments, you should stick to them.
• 44:52
  Speaker 1: No, we've changed our position. But what's changed, minister?
• 44:56
  Speaker 21: What's changed so much in the past twelve months that
• 44:58
  Speaker 21: you've had to break a promise you repeatedly.
• 45:00
  Speaker 5: I've always been a man of my word. We have
• 45:05
  Speaker 5: changed our position on property issues.
• 45:08
  Speaker 1: Politicians shouldn't be allowed.
• 45:10
  Speaker 5: To say things that they know isn't true.
• 45:12
  Speaker 21: Does change translate to lie in government language?
• 45:16
  Speaker 1: Sarah, we've changed our position. He's not going to be
• 45:20
  Speaker 1: trusted ever again? Is he here or change? No?
• 45:22
  Speaker 21: And can I just say I really love the Liberal Party.
• 45:24
  Speaker 21: How they put like a funeral backing track to that.
• 45:26
  Speaker 21: It was like very somber music, because that really sums
• 45:28
  Speaker 21: up the mood of the budget. It was shonky, it
• 45:31
  Speaker 21: was somber, and it is a disaster for all Australians.
• 45:34
  Speaker 21: And you know, I think I've said this to you before,
• 45:36
  Speaker 21: Chris as a young person. What we are talking about
• 45:39
  Speaker 21: right now is how we're going to be able to
• 45:41
  Speaker 21: enter the housing market. And what has this done. Absolutely nothing.
• 45:45
  Speaker 21: You cannot tax.
• 45:46
  Speaker 8: Your way out of supply.
• 45:48
  Speaker 21: And there's going to be a thirty five thousand less
• 45:50
  Speaker 21: homes built under this budget. And already Labor has achieved
• 45:54
  Speaker 21: not one of its housing goals. It's about it's so
• 45:57
  Speaker 21: far behind that one point two million target already by
• 46:01
  Speaker 21: the end of the decade, we've now got debt hitting
• 46:03
  Speaker 21: one point.
• 46:04
  Speaker 8: Two trillion dollars. Chalmers goes, don't worry.
• 46:06
  Speaker 21: I found sixty three billion dollars worth of saving where
• 46:09
  Speaker 21: there's been no detail.
• 46:11
  Speaker 8: On it whatsoever. Oh but don't worry. He'll give you
• 46:13
  Speaker 8: two hundred and fifty dollars as part of this.
• 46:15
  Speaker 21: Waito, good luck trying to sell weaighto when it's about
• 46:18
  Speaker 21: five dollars per week and it comes into effect later on.
• 46:21
  Speaker 8: This was a shonky budget.
• 46:22
  Speaker 21: It was designed to save his own backside from his
• 46:25
  Speaker 21: own records spending.
• 46:27
  Speaker 8: But in the meantime, once.
• 46:28
  Speaker 21: Again Australia goes broke and backwards because of it.
• 46:31
  Speaker 3: I'll tell you what really annoyed me today in question
• 46:33
  Speaker 3: time in the post budget debate was when the Liberals
• 46:37
  Speaker 3: tried to ask a sensible question about immigration. We all
• 46:40
  Speaker 3: know that the number of immigrants coming into this country
• 46:43
  Speaker 3: at any given time is a big economic factor that
• 46:45
  Speaker 3: we should be able to discuss like grown ups. Well
• 46:48
  Speaker 3: look what happened when he asked the question.
• 46:51
  Speaker 14: Since Labor came to office, one point four million people
• 46:54
  Speaker 14: have arrived in Australia. Treasurer, where will all these new
• 46:58
  Speaker 14: migrants live?
• 47:00
  Speaker 10: As a speaker, I hope the Shadow treasure is aware
• 47:01
  Speaker 10: that when he blows on the dog whistle they can
• 47:03
  Speaker 10: hear it in Goldstein too.
• 47:06
  Speaker 3: Jim Chalmer's there now, justin this is pathetic, is that
• 47:09
  Speaker 3: you can't even discuss immigration in this country without someone
• 47:12
  Speaker 3: saying you're being xenophobic or racist.
• 47:17
  Speaker 20: Well look, I think, I think, and the problem comes
• 47:19
  Speaker 20: back to what we were talking about before. When you're
• 47:21
  Speaker 20: in politics, and when you go into politics and when
• 47:23
  Speaker 20: you're trying to sell something, you're also saying trust me.
• 47:26
  Speaker 20: So when you can't be trusted, or when you do
• 47:29
  Speaker 20: a turnaround like they have done with the budget, then
• 47:32
  Speaker 20: when you stand up about something else, it is incredibly hard,
• 47:35
  Speaker 20: incredibly hard to sell it. And I mean on the
• 47:38
  Speaker 20: immigration thing though, I don't think a lot of people
• 47:41
  Speaker 20: really understand what the correct numbers should be. I mean,
• 47:44
  Speaker 20: and I ask you, quite honestly, both of you, what
• 47:47
  Speaker 20: do you think the real numbers should be? Where the
• 47:49
  Speaker 20: country is growing and yet we're able to still feed
• 47:52
  Speaker 20: and house people, what's the number?
• 47:55
  Speaker 3: I think it should be around one thousand, one hundred
• 47:57
  Speaker 3: hundred and fifty thousand at the moment.
• 48:00
  Speaker 1: Two fifty three hundred is too high.
• 48:02
  Speaker 8: It's too hid.
• 48:02
  Speaker 21: That's what economists like Leath Van Nonslin have called for
• 48:05
  Speaker 21: around that mark. I think he said about one twenty
• 48:06
  Speaker 21: one thirty. It should be about half one, and it's
• 48:09
  Speaker 21: about half what it is and.
• 48:10
  Speaker 8: What people aren't talking about as well.
• 48:11
  Speaker 21: In the budget, Chris Labor is not forecasting cuts for
• 48:14
  Speaker 21: another two years. And you know why I found this
• 48:16
  Speaker 21: curious the next election? Why because Labor needs migration because
• 48:20
  Speaker 21: it suits it politically and wants the migration votes. So naturally, okay,
• 48:23
  Speaker 21: it's gone up by another thirteen percents last year, but
• 48:26
  Speaker 21: they're delaying it as much as they can.
• 48:28
  Speaker 8: Remember Tony Burke.
• 48:29
  Speaker 21: Did his citizenship tour of Australia just prior to the
• 48:31
  Speaker 21: last election.
• 48:32
  Speaker 8: Well, I can see it happening again come twenty twenty eight.
• 48:35
  Speaker 3: Be signing them up as they exactly, I mean absolutely. Well, Look,
• 48:39
  Speaker 3: let me just finish the program with something that will
• 48:42
  Speaker 3: delight you, and that is that is somebody who is
• 48:45
  Speaker 3: actually having a good time and isn't hard up for
• 48:48
  Speaker 3: a bit of cash.
• 48:49
  Speaker 1: Here, this is me and Markles.
• 48:50
  Speaker 3: She's been about posing in a T shirt with an
• 48:54
  Speaker 3: eighty seven thousand dollars diamond necklace. Now there you go
• 48:58
  Speaker 3: to does she.
• 48:59
  Speaker 1: Need a text?
• 49:01
  Speaker 21: I think she could do with the tax break. I
• 49:02
  Speaker 21: think she could actually we could all do it with
• 49:04
  Speaker 21: a break from Megan Markle to be quite franker. But
• 49:06
  Speaker 21: she's the everyday woman, of course, Chris. She's got a
• 49:08
  Speaker 21: T shirt on but an expensive neckolace. At the same time,
• 49:11
  Speaker 21: there she is eating her strawberries as well. She's the
• 49:14
  Speaker 21: everyday woman, Chris, isn't she?
• 49:16
  Speaker 1: She could have been our queen justin.
• 49:21
  Speaker 20: What's the point, what's the point of being a duchess.
• 49:24
  Speaker 20: If you can't bling it up every now and then,
• 49:27
  Speaker 20: that's it, I would say. I would say, she's she's
• 49:30
  Speaker 20: got a little change coming. If she paid eighty seven
• 49:33
  Speaker 20: thousand dollars for that, I'm yeah, yeah.
• 49:36
  Speaker 1: Man, I must be in the wrong.
• 49:37
  Speaker 17: Gay.
• 49:38
  Speaker 20: I wouldn't have played Jelry.
• 49:39
  Speaker 3: I wouldn't have paid any more than eighty three grand
• 49:41
  Speaker 3: for that one. Thanks for joining us, Good luck with
• 49:44
  Speaker 3: you your budgeting. Justice Smith could be back at ten o'clock.
• 49:48
  Speaker 3: I'll be back tomorrow night at five o'clock. Peter Quidlin's
• 49:51
  Speaker 3: up next.