Transcript

Sharri | 25 September · Sharri

0:01
Speaker 1: Why on Sky News This is Sharry.
0:07
Speaker 2: Good Evening will tonight Anthony Albinizi has lost his composure
0:11
Speaker 2: when grilled about breaking his promise on negative gearing. That
0:16
Speaker 2: was bad enough. Now the explosive story that labor insiders
0:20
Speaker 2: are calling for the Prime Minister to be rolled to
0:23
Speaker 2: stop the party losing. I'll bring you that full story
0:26
Speaker 2: in a moment and it will rattle the PM. Also tonight,
0:31
Speaker 2: it's the tragedy Petty Wong and the international community keep
0:34
Speaker 2: forgetting about twelve Israeli children murdered by Hesbelah while playing soccer. Well,
0:41
Speaker 2: one mother whose beautiful little girl was killed will join
0:45
Speaker 2: me live on the show tonight. You don't want to
0:48
Speaker 2: miss this. And Tel Aviv hit by an unprecedented Hesbela
0:52
Speaker 2: ballistic missile. I'll take you live to Israel for the latest,
0:56
Speaker 2: but first tonight. An under pressure prime minister has apt
1:00
Speaker 2: while being grilled about plans to change negative gearing and
1:04
Speaker 2: capital gains tax. After facing scrutiny all day, Albanezy this
1:09
Speaker 2: afternoon lost his call. In a heated interview, he admitted
1:13
Speaker 2: he had no idea whether his treasurer had requested modeling
1:18
Speaker 2: on changes to the controversial tax policies here. He was
1:22
Speaker 2: on ABC Radio with Richard Glover this afternoon.
1:26
Speaker 3: The department, like all departments, look at various things at
1:32
Speaker 3: various times. Is this government policy or government request to
1:37
Speaker 3: examine potential policy announcement? No it's not.
1:43
Speaker 4: But it's a fair question to ask you whether you
1:46
Speaker 4: or your treasurer has requested this this study.
1:50
Speaker 3: Sure, and I've answered that you've asked.
1:51
Speaker 2: You've answered it for yourself, but not for the treasurer.
1:54
Speaker 3: Well, I'm not the treasurer.
1:57
Speaker 5: You must have said to hey, Jim, did you ask.
1:59
Speaker 1: Them to do this? No?
2:02
Speaker 3: No, not at all.
2:05
Speaker 6: Sorry, you don't know whether your treasurer has asked them
2:07
Speaker 6: to do this work or not.
2:09
Speaker 3: Well, I don't know because I'm not the treasurer, and
2:12
Speaker 3: the Treasurer is on his way to China as we speak.
2:16
Speaker 3: But what we have done is to concentrate on our
2:21
Speaker 3: homes for Australia Plan.
2:24
Speaker 2: So he doesn't know whether his own government is re
2:28
Speaker 2: examining negative gearing policy. That was a train wreck interview
2:31
Speaker 2: and that is what a Prime minister under pressure looks like.
2:36
Speaker 2: And he's certainly feeling the heat. Along with bad polls,
2:39
Speaker 2: there are now even calls within Labor for his removal
2:43
Speaker 2: as PM. Senior Labour figure from er Queensland State Secretary
2:47
Speaker 2: Cameron Milner wrote a public article saying that it was
2:51
Speaker 2: time for the Labor Party to take the nuclear option
2:54
Speaker 2: and force Albanese's exit. Milna writes that Albaneze he criticized
3:00
Speaker 2: the extreme Greens, but his only viable plan to remain
3:03
Speaker 2: PM will see him govern with the extreme Greens. Labour
3:07
Speaker 2: simply can't let him do that to our party. So
3:12
Speaker 2: to reanergize the base, lift the Labour primary and put
3:15
Speaker 2: it in a position to win a second term in office,
3:18
Speaker 2: they need to take the nuclear option. Albenizi has tried
3:21
Speaker 2: his best, but his best isn't good enough.
3:26
Speaker 6: Well.
3:26
Speaker 2: With concern growing about Albanesi's ability to lead the country,
3:31
Speaker 2: it's likely we're going to see more of his temper,
3:34
Speaker 2: more of him losing his call over the next few months.
3:37
Speaker 2: Ahead of the election, the Prime Minister is frustrated that
3:41
Speaker 2: pesky journalists keep asking questions about tax policy, questions that
3:46
Speaker 2: are clearly in the public interest, questions that are legitimate.
3:50
Speaker 2: Given Labour's flip flopping on policies like negative gearing over
3:55
Speaker 2: the years, the reality is Labor is obsessed with class
3:59
Speaker 2: war and as such has always despised negative gearing. Ahead
4:04
Speaker 2: of the twenty nineteen election, Labor promised to scrap it.
4:09
Speaker 7: You've invested under the cool of tax laws.
4:12
Speaker 1: They're the rules that will apply going forward. Our changes
4:15
Speaker 1: to negative gearing are prospective.
4:17
Speaker 8: This is the most generous property tax concession in the world,
4:20
Speaker 8: in effect, very few countries do it.
4:23
Speaker 2: And Albanez he mounted the case himself as well, saying
4:26
Speaker 2: that scrapping negative gearing was a priority. His word priority,
4:30
Speaker 2: you'll hear it in a minute, and the right thing
4:33
Speaker 2: to do here. He was making those remarks on both
4:36
Speaker 2: The Today Show and on Sky News ahead of the
4:39
Speaker 2: twenty nineteen election.
4:41
Speaker 1: Well, where about line, Lisa.
4:43
Speaker 8: Our policies, including the quite controversial policy according to Christopher,
4:48
Speaker 8: of doing something about housing affordability, for example, in terms
4:52
Speaker 8: of changes that we would make to negative gearing and
4:55
Speaker 8: to capital gains in terms of those concessions, that's pretty
4:59
Speaker 8: brave for an opposition to do.
5:00
Speaker 1: But it's the right thing to do gearing policy.
5:03
Speaker 9: I see that there's another report that's come out claiming
5:06
Speaker 9: that it will put downward.
5:07
Speaker 1: Pressure on house prices.
5:09
Speaker 9: That's what label wants, though, isn't it for it to
5:10
Speaker 9: put downward pressure on house prices?
5:12
Speaker 1: That's the purpose.
5:15
Speaker 8: Well, I think what it will clearly do is mean
5:18
Speaker 8: that the increase in housing prices will be less than
5:21
Speaker 8: they would have been without this, and I believe it's
5:26
Speaker 8: a strong policy.
5:28
Speaker 2: That election was considered unlosable for Bill Shorten, yet lose
5:32
Speaker 2: it he did thanks to voters roundly rejecting tax changes
5:36
Speaker 2: like on capital gains and negative gearing, because it turned
5:40
Speaker 2: out that it wasn't only the wealthy who had investment properties.
5:45
Speaker 2: Many Australians do and it would have been a hit
5:48
Speaker 2: to the hip pocket for one point two million voters.
5:52
Speaker 2: That's how many people negatively gear their properties.
5:56
Speaker 10: Well.
5:56
Speaker 2: In the wake of Bill Shorton's crushing loss, he sees
6:00
Speaker 2: the Labor leadership and dumped the party's radical tax plans,
6:06
Speaker 2: and suddenly he was arguing there'd be no change to
6:09
Speaker 2: negative gearing.
6:11
Speaker 1: Gearing now gliding without help to buskiing.
6:15
Speaker 8: Negative gearing is a good thing, but it wasn't the
6:17
Speaker 8: years negative gearing. We had a policy that we took
6:20
Speaker 8: to the election where we were not successful.
6:22
Speaker 11: Why was negative gearing and capital gains tax breaks a
6:25
Speaker 11: bad idea in twenty nineteen, and a good idea in
6:27
Speaker 11: twenty twenty.
6:28
Speaker 8: Seen, well, we've found a better idea arrange of them.
6:33
Speaker 2: But now it seems this may be another broken promise
6:36
Speaker 2: because we learned today that Treasury is examining options to
6:40
Speaker 2: change negative gearing. The Herald reporting that federal officials have
6:44
Speaker 2: started work on options to scale back negative gearing and
6:48
Speaker 2: capital gains tax concessions, preparing the ground for a bold
6:51
Speaker 2: new housing policy that could define the federal election. They
6:56
Speaker 2: report that a request for modeling on the potential change
6:59
Speaker 2: to negative of gearing has been made and that it
7:02
Speaker 2: could canvas changes to the concessions on capital gains tax well.
7:06
Speaker 2: When asked about this explosive report today, the Prime Minister
7:10
Speaker 2: didn't deny it.
7:12
Speaker 8: I've seen those reports and what we do is we
7:15
Speaker 8: value the public service, so from time to time, I'm
7:18
Speaker 8: sure the public service are looking at policy ideas.
7:22
Speaker 2: But then by this afternoon his message was confused, and
7:26
Speaker 2: he all but admitted he had no idea if his
7:29
Speaker 2: Treasurer or anyone else in his government was re examining
7:32
Speaker 2: negative gearing. In the past week, the Prime Minister was
7:36
Speaker 2: asked several times if he was looking at changes to
7:39
Speaker 2: this policy, and he was annoyed at the ABC for
7:43
Speaker 2: even asking.
7:45
Speaker 9: Are you saying negative gearing and capital gains tax concessions
7:49
Speaker 9: are absolutely off the table for you.
7:52
Speaker 3: Well, they're tax policies.
7:53
Speaker 1: But are those tax policies? Are those tax policies completely
7:58
Speaker 1: off the table.
7:58
Speaker 8: For you, Patricia, I don't answer the sort of those
8:04
Speaker 8: sort of questions.
8:06
Speaker 2: In another ABC radio interview, Albaneze seemed to rule out changes.
8:12
Speaker 8: Well, one analysis is certainly the Property Council argue that
8:17
Speaker 8: that would have a negative.
8:19
Speaker 1: Impact on supply.
8:20
Speaker 8: So that is one of the reasons why we're very
8:23
Speaker 8: cautious about that.
8:25
Speaker 2: So at the same time Albaneze was all but ruling
8:28
Speaker 2: out negative gearing changes, Treasury was reportedly looking at options
8:33
Speaker 2: to do precisely that. It's incredible how Lucy is with
8:38
Speaker 2: his word ruling it out at the same time as
8:41
Speaker 2: his government considers major change. This is misleading to the
8:45
Speaker 2: public and it says a lot about Alberneze's character. He's
8:49
Speaker 2: already once lied about the changes to Stage three tax cuts.
8:53
Speaker 2: As you know, he pledged over and over again that
8:55
Speaker 2: he wouldn't touch them until the day he changed them dramatically.
9:00
Speaker 2: Now clearly Albin Eazy is worried about the Greens taking
9:04
Speaker 2: votes off labor thanks to the perception that they care
9:07
Speaker 2: more about the housing crisis. But if he does go
9:12
Speaker 2: ahead with this broken promise, it would unleash a world
9:15
Speaker 2: of political pain on Albanzi. Peter Dutton's Liberal campaign team
9:21
Speaker 2: is already thinking about reprising this advert from the shot
9:25
Speaker 2: in era.
9:26
Speaker 5: Bill Shorten's new housing tax would take a wrecking ball
9:29
Speaker 5: to the economy. Some experts believe it could even lead
9:32
Speaker 5: to a recession. With their higher capital gains taxes and
9:36
Speaker 5: ending negative gearing as we know it, labor would cut
9:38
Speaker 5: the value of your home and push up rents. A
9:41
Speaker 5: softer housing market means now it's the worst time for
9:44
Speaker 5: Labour's housing tax. Labour can't manage money. That's why they're
9:48
Speaker 5: coming after yours, labor. It's the bill Australia can't afford.
9:55
Speaker 2: Yep. That would be a scare campaign, But the reality
9:58
Speaker 2: is that changes to negative gearing have two immediate consequences
10:02
Speaker 2: that would be detrimental to our economy and the housing market.
10:06
Speaker 2: It could lead to a collapse in house prices and
10:09
Speaker 2: it would decrease the value of people's own homes, and secondly,
10:13
Speaker 2: it wouldn't help renters because rents inevitably would go up.
10:17
Speaker 2: In terms of the hit to the hip pocket for
10:19
Speaker 2: families it'd be massive, and the budget revenue wouldn't be
10:23
Speaker 2: immediate because the scheme would have to be grandfathered. This
10:28
Speaker 2: debate and uncertainty over tax policy comes at a time
10:32
Speaker 2: when the Australian economy is already stagnant. But there was
10:36
Speaker 2: good news today that inflation has come down dramatically. Headline
10:41
Speaker 2: inflation has fallen to two point seven percent last month,
10:46
Speaker 2: while underlying inflation fell from three point eight to three
10:49
Speaker 2: point four percent, and this was welcomed by the Treasurer.
10:53
Speaker 7: The new inflation numbers for August showed that headline and
10:58
Speaker 7: underlying inflation both went down substantially. These are very welcome,
11:03
Speaker 7: very encouraging and very heartening numbers.
11:07
Speaker 2: RBA Governor Michelle Bullock made the point this week that
11:10
Speaker 2: headline inflation has been driven down temporarily by the government's
11:14
Speaker 2: energy rebate, and this will rise again by around half
11:18
Speaker 2: a percentage point when the rebate ends. The RBA isn't
11:22
Speaker 2: expecting inflation to return to the target band until late
11:26
Speaker 2: next year, and Michelle Bullock doesn't expect it'll be at
11:29
Speaker 2: a sustainable level until mid twenty twenty six.
11:34
Speaker 12: I think the point I would make is that if
11:38
Speaker 12: tomorrow we get an inflation number which has got two
11:42
Speaker 12: in front of it, so it's back in the band,
11:45
Speaker 12: that doesn't mean that we've got inflation under control. It
11:49
Speaker 12: doesn't mean that inflation is sustainably back within the band.
11:52
Speaker 12: It just means it's back there at the moment.
11:55
Speaker 2: And in the media there's been criticism today of the
11:58
Speaker 2: Treasurer for art officially or temporarily lowering inflation. But the
12:04
Speaker 2: point is this, Jim Chalmers was trying to find a
12:07
Speaker 2: way to provide cost of living relief without contributing to inflation.
12:12
Speaker 2: Any cash handout would certainly have been inflationary. Energy rebates
12:18
Speaker 2: were quite a genius way to offer relief, and the
12:21
Speaker 2: beauty of it was that, yes, it temporarily reduced inflation.
12:25
Speaker 2: But as the IBA governor said, inflation is persistent, it
12:29
Speaker 2: is sticky, and this means there won't be a rate
12:31
Speaker 2: cut anytime soon, and possibly not before the federal election.
12:36
Speaker 2: And you can bet that if there's no rate cut,
12:39
Speaker 2: Albanezi will point the finger, will point the blame at
12:42
Speaker 2: his treasurer. Political editor Simon Benson writes that ironically, to
12:46
Speaker 2: guarantee inflation and rates come down would require the government
12:50
Speaker 2: to do the exact opposite of what it's doing spending,
12:55
Speaker 2: and with an election campaign to think of, the government
12:58
Speaker 2: is hardly likely to do that, And that's the catch.
13:03
Speaker 2: The Treasurer has managed to mostly stop his radical and
13:06
Speaker 2: ambitious colleagues from going on a massive spendeth on in
13:10
Speaker 2: their own portfolios. That's notwithstanding that eighty two million dollars
13:15
Speaker 2: Penny Wong has given to the terrorist controlled Gaza. But
13:19
Speaker 2: with the election coming up, it's not clear how long
13:22
Speaker 2: he'll be able to hold them off, with Labor and
13:25
Speaker 2: PAS clearly caring more about staying in office than bringing
13:30
Speaker 2: down the cost of living. All Right, it's a jam
13:36
Speaker 2: packed show tonight. We've got a lot of news coming up.
13:38
Speaker 2: But right now let's bring in my regular Wednesday panel,
13:41
Speaker 2: former Victorian Liberal Party president Michael Kroger and former Labor
13:45
Speaker 2: Minister Graham Richardson. Welcome to you both. Mike, I want
13:50
Speaker 2: to get your reaction to the comments that I've just
13:54
Speaker 2: made there and also this idea that alban Easy Today
13:58
Speaker 2: has refused to rule out changes to negative gearing. What
14:01
Speaker 2: do you think about this?
14:05
Speaker 4: Well, this is a disastrous idea. You know, as Richo knows,
14:10
Speaker 4: at least in my lifetime, Labor have only one election
14:13
Speaker 4: on tax at a federal level. That was in ninety
14:15
Speaker 4: three when they opposed a new tax. But I don't
14:19
Speaker 4: think Labor have ever won an election by proposing a
14:22
Speaker 4: new tax themselves, which is what they're doing here, an
14:24
Speaker 4: increase in tax, a change in tax. As Albanezy has
14:29
Speaker 4: hinted at today, this is electorally disastrous for Labor. As
14:34
Speaker 4: I said, They've never won an election proposing a new tax.
14:37
Speaker 4: And the bigger issue I think is this, it's a
14:40
Speaker 4: question of trust. I mean, I can see the federal
14:44
Speaker 4: Liberal Party running a brilliant campaign on can you trust
14:47
Speaker 4: this bloke? I mean, he promised no changes to super
14:51
Speaker 4: He promised no changes the tax stays, three tax cuts.
14:54
Speaker 1: He promised he wouldn't.
14:55
Speaker 4: Bring in changes to negative gearing. He promised that, and
15:01
Speaker 4: we've seen the clips tonight. He promised the Aboriginal community
15:04
Speaker 4: the oral statement in full. Never promised changes to the
15:08
Speaker 4: IR system, which is now done. Et cetera, et cetera,
15:10
Speaker 4: et cetera. This bloke can't keep a consistent line because
15:15
Speaker 4: he gets pushed and pulled. These two weak and so
15:18
Speaker 4: a campaign based on that, you can't trust a word
15:20
Speaker 4: this bloke says, is going to defeat alban easy. Maybe
15:23
Speaker 4: not seventy two seats for Dutton, maybe a few more
15:26
Speaker 4: than that.
15:27
Speaker 2: Yeah, it would be very political, politically risky to pursue
15:31
Speaker 2: changes to negative gearing, even if it might hold off
15:34
Speaker 2: the Greens to some extent, Richo.
15:37
Speaker 11: Yeah, that looks they're all maybe true, but the reality
15:41
Speaker 11: is out there in the real world they like Alba.
15:44
Speaker 11: They're not going to dump Albo at this stage of
15:46
Speaker 11: the game. No way in the world. People like this fella,
15:49
Speaker 11: and that likability factor is going to keep him in
15:52
Speaker 11: government for a while.
15:53
Speaker 2: Yet you always mentioned this likability factor. I just don't
15:58
Speaker 2: see it, Richo. But riink you're gonna like this story
16:01
Speaker 2: we're going to talk about now now. As I spoke
16:03
Speaker 2: about just then, there are calls by some inside Labor
16:06
Speaker 2: for the PM to be removed. My regular guest on
16:10
Speaker 2: this show, Cameron Milner, writes in The Nightly that Labour
16:13
Speaker 2: should take the nuclear option and ask Albanesi to gracefully
16:16
Speaker 2: step aside or otherwise blast him out of office with
16:20
Speaker 2: a caucus vote. And Richo he writes that this is
16:24
Speaker 2: in fact the same option that Graham Richardson delivered to
16:27
Speaker 2: me when I was Bill Shorton's chief of staff, when
16:30
Speaker 2: he was shilling for Albanezi to take over from Bill.
16:33
Speaker 2: In February twenty sixteen, just four months before the federal election,
16:38
Speaker 2: Camra Milna writes, that's sitting down at Richo's local Harveside restaurant, Catalina.
16:43
Speaker 2: Richo opined that Bill has two news polls left. When
16:48
Speaker 2: he falls shot, he can resign for elbow or will
16:52
Speaker 2: blast him out with the message delivered Richo that encouraged
16:56
Speaker 2: me to order Andre and Maine and proceeded to tell
17:00
Speaker 2: me what a talent Scott Morrison was. I have to say,
17:02
Speaker 2: rich O, it does sound like you. You've taken me
17:05
Speaker 2: to Catlena before. But on a serious note, Gray and Richardson,
17:12
Speaker 2: is this true? Did you threaten to roll Bill Shotton
17:16
Speaker 2: for Albo?
17:17
Speaker 11: That certainly doesn't sound like me, So I think, as
17:21
Speaker 11: I kept hearing in America once upon a time, I
17:25
Speaker 11: just don't recall that.
17:29
Speaker 2: So you're genuinely denying this, because this is you know,
17:32
Speaker 2: a story that would go down in the history books.
17:34
Speaker 2: Four months out from the election. Did you say that
17:37
Speaker 2: Bill Shotton had two news polls left.
17:39
Speaker 11: I don't recall.
17:42
Speaker 1: Did you did.
17:43
Speaker 2: Think that Albanezy should replace Shorten?
17:46
Speaker 11: That's true, Yeah, that's true. I certainly had that view
17:50
Speaker 11: for quite a long time.
17:51
Speaker 2: And you may have made that threat to Cameron Milner,
17:54
Speaker 2: Shorton's chief of staff at Catalina.
17:57
Speaker 1: Well, it's possible.
17:58
Speaker 2: You remember the lunch you took him much.
18:02
Speaker 11: No, I don't particularly remember the lunch. I've had so
18:04
Speaker 11: many at Catalina, it's hard to remember them each one individually.
18:10
Speaker 2: Basically your touch up, Michael Kroger, would removing Albert easy
18:14
Speaker 2: Hirst or help Labor at this point?
18:19
Speaker 4: Well, Milner's a very smart blake. Let's let's be He's
18:22
Speaker 4: not my politics. He's Labor, of course, but he's a
18:24
Speaker 4: very smart blake. And he was Albert. He was Shortens
18:29
Speaker 4: advisor in the sixteen election, not the nineteen election, the
18:31
Speaker 4: sixteen election where they almost had a miraculous win. So
18:35
Speaker 4: he's a very bright blake. Would it help them? Probably not,
18:39
Speaker 4: for the reason that historically in Australia, to change leader
18:43
Speaker 4: if there's going to be an argument, there's always got
18:45
Speaker 4: to be one standout. I mean we slapped snedd and
18:48
Speaker 4: for Fraser Howard Peacock. On labour side, you had you
18:53
Speaker 4: had Hawk Keating, et cetera. Rud Gillard on this occasion,
18:59
Speaker 4: You've got alban Easy in about eight hours, So who
19:02
Speaker 4: would be the leader? You're never going to have a
19:04
Speaker 4: proper leadership ballot challenge to Albanize, et cetera. When no
19:07
Speaker 4: one's got any idea who would take over, they won't
19:10
Speaker 4: be able to agree amongst themselves, which means Albo will
19:12
Speaker 4: Albau will stay there. That's that's the main problem with changing,
19:15
Speaker 4: because there's no one person to gravitate around and labor
19:19
Speaker 4: and not going to go through months of arguing about
19:21
Speaker 4: you know, which part of which faction should have their
19:23
Speaker 4: candidate up against you, and the others will get that,
19:26
Speaker 4: you know, get chief stuff and say, well, we're not
19:27
Speaker 4: We're not. If it's not me, I'm still supporting Albo.
19:30
Speaker 4: So the whole thing will collapse. So it's not going
19:32
Speaker 4: to happen. But you know, there are a couple of
19:36
Speaker 4: people who would do better.
19:38
Speaker 2: The story is going to rattle alban Eazy, no question. Look,
19:41
Speaker 2: I want to turn to Israel and Lebanon now, and
19:44
Speaker 2: specifically Penny Wong's reaction to the latest developments and quite
19:49
Speaker 2: outrageous comments. Patty Wong has wanned that Lebanon cannot become
19:54
Speaker 2: the next Gaza. According to a report in The Herald,
19:57
Speaker 2: as she said, and I'm quoting Penny Wong, now, the
20:00
Speaker 2: global community is clear, this destructive cycle must stop. All
20:05
Speaker 2: parties must show restraint and de escalate. Lebanon cannot become
20:10
Speaker 2: the next Gaza.
20:12
Speaker 11: Now.
20:12
Speaker 2: I spoke about Pennywong's approach at length last night and
20:15
Speaker 2: the night before. But the Australians cartoonist Johannes Leek summed
20:20
Speaker 2: it up in one image. Have a look at this
20:22
Speaker 2: and you might have seen it already. And the cartoon says,
20:26
Speaker 2: there's a Taiwan representative there saying, will you put in
20:28
Speaker 2: a good word for us at the UN Penny and
20:31
Speaker 2: Pennywong replies, if you were a quasi state run in
20:35
Speaker 2: part by terrorists hell bent on the annihilation of your neighbor,
20:38
Speaker 2: and not a peaceful, vibrant democracy, then maybe I could
20:42
Speaker 2: help you. I mean, Richo. She does seem to be
20:45
Speaker 2: confusing the good guys with the bad guys, doesn't she Oh.
20:49
Speaker 11: I think that's a bit harsh. I'm a fan of Pennies.
20:52
Speaker 11: You got to remember she came from the left. Sometimes
20:55
Speaker 11: it's hard for them the shit at all. All of
20:57
Speaker 11: those views, even if they're as crappy as I think
21:01
Speaker 11: most of them are, they'll hang on to them. But look,
21:04
Speaker 11: she's doing a pretty good job. There's no issue around
21:08
Speaker 11: around Pennywong. You don't walk down the street and people
21:11
Speaker 11: rush up you and say, gee, you've got to get
21:13
Speaker 11: rid of her. It doesn't happen. Penny Wong's as safe
21:15
Speaker 11: as houses as they say.
21:18
Speaker 2: I couldn't disagree with you more. I think Pennywong is
21:21
Speaker 2: the worst foreign minister this country has ever had. She's
21:24
Speaker 2: just abandoned long standing bipartisan policy, particularly when it comes
21:29
Speaker 2: to our ally Israel. People do on the street talk
21:33
Speaker 2: about what about job she's doing. Michael Kroger, Yeah, I
21:37
Speaker 2: think she's.
21:38
Speaker 4: The worst foreign minister ever. I mean, look, as foreign minister,
21:41
Speaker 4: as Prime minister, you've got to have some moral clarity.
21:44
Speaker 4: You know, Australia is a democratic country. We stand with
21:46
Speaker 4: democratic countries. Democracies are hard fought gains and you have
21:50
Speaker 4: to defend democracy, and you've got one democracy in the
21:53
Speaker 4: Middle East being a sale by terrorists, countries, organizations, et cetera,
21:58
Speaker 4: funded by Iran, et cetera. I mean, if you can't
22:00
Speaker 4: stand unequivocally with another democracy like Israel, well you know, really,
22:07
Speaker 4: you just you're not worthy of being a minister in
22:10
Speaker 4: a democratic government in a democratic country like Australia. I
22:13
Speaker 4: think Wong's performance has been not just disgraceful, I just
22:17
Speaker 4: think it's been discussing and as I've said, he before
22:19
Speaker 4: she was in Israel at the same time I was
22:21
Speaker 4: there in January, and she wouldn't visit Kafar as Are,
22:23
Speaker 4: she wouldn't visit the Nova Music Festival. She went to
22:26
Speaker 4: Ramala and Jerusalem. Wong has no moral clarity on this
22:31
Speaker 4: at all. I think she's been disgraceful. And what another
22:35
Speaker 4: Gaza hang on Hesbla have been firing rockets into Israel
22:39
Speaker 4: four years and eight or nine thousand of them since
22:43
Speaker 4: October seven. What do you think Australia would put up
22:46
Speaker 4: with someone nearby if there was someone firing rockets, you know,
22:50
Speaker 4: really nearly into Sydney or Melbourne or Adelaide or Perth and
22:53
Speaker 4: not I mean, there's a point at which Israel had
22:55
Speaker 4: to defend itself and they've drawn the line in the
22:57
Speaker 4: sand now and there's nothing else Israel can do that
23:00
Speaker 4: defend itself, and they're doing exactly what they need to
23:02
Speaker 4: do and should do.
23:03
Speaker 2: That's true, It's.
23:04
Speaker 4: Wrong again, as she is on every occasion.
23:08
Speaker 2: Completely agree. Well said, Well done, Michael Kroger. But Richo,
23:12
Speaker 2: what about what Michael Kroger just said is wrong? I mean,
23:16
Speaker 2: Israel is dealing with almost daily rocket attacks from Hasbela.
23:21
Speaker 2: Twelve children were killed. I'm going to speak to the
23:24
Speaker 2: mother of one of them a bit later in the show.
23:26
Speaker 2: Why should it put up with this? Eighty thousand families
23:29
Speaker 2: have had to leave their homes.
23:31
Speaker 11: I'm not saying it should. Sometimes you've got to disagree
23:36
Speaker 11: with where your party is going. I've always been and
23:39
Speaker 11: always will be rock solid on standing with Israel. I'm
23:44
Speaker 11: not going to be altering that stance one iota.
23:48
Speaker 2: So then you can't think Pennywong's doing a good job
23:50
Speaker 2: as Foreign minister, then.
23:52
Speaker 11: Well, I think she's doing a great job as Foreign minister.
23:55
Speaker 11: With one exception you can think that that's legitimate is
24:00
Speaker 11: the middle legs.
24:00
Speaker 4: She hasn't been to lunch with you at Catalina's, rich O, No,
24:04
Speaker 4: she hasn't.
24:06
Speaker 2: Have you Michael or you are you the what about
24:08
Speaker 2: you are? You're the only one who hasn't been on
24:10
Speaker 2: set right now?
24:12
Speaker 4: Well, Richard, Richo and I meant to be having lunch,
24:14
Speaker 4: but he told me he was going to take me
24:16
Speaker 4: to a Chinese restaurant, which I mean, nothing wrong with Catalina's,
24:18
Speaker 4: but the Chinese restaurant, and they are in near Sussex Street.
24:21
Speaker 4: You're old, You're old, stamping ground.
24:23
Speaker 2: Shut didn't go through an entry shut down.
24:26
Speaker 11: Yeah, but across the road that's got a sister of
24:29
Speaker 11: the road. Don't worry.
24:31
Speaker 2: Okay, as long as you too have your lunch sorted,
24:33
Speaker 2: we can get on with the show, all right. Michael, Croagan,
24:35
Speaker 2: Gray and Richardson, thank you so much. Now let's turn
24:40
Speaker 2: to the big news of the week that the A
24:42
Speaker 2: Triple C has launched legal action against Coles and wool Wars.
24:46
Speaker 2: The supermarkets are now scrambling to try and gain back
24:49
Speaker 2: the trust of customers. Now, if the A Triple C's
24:52
Speaker 2: allegations are true, it is without question misleading and manipulative behavior,
24:58
Speaker 2: especially during a cost of living crisis. But to make
25:02
Speaker 2: the scandal even worse, former chairman of the A Triple C,
25:05
Speaker 2: Alan Fell's points out that the prices that were temporarily
25:09
Speaker 2: increased before being discounted, but discounted to prices well above
25:14
Speaker 2: their original level were household staples like wheatbigs and noodles.
25:20
Speaker 2: And I'm pleased to say that the farmer. A Triple
25:22
Speaker 2: C chair Alan Fells joins me. Now, Allan, thank you
25:25
Speaker 2: very much for your time this evening. Now, firstly, what
25:29
Speaker 2: is your You did a lot of work on price
25:33
Speaker 2: gouging of the supermarkets. What's your reaction to this new
25:37
Speaker 2: case by the A Triple C against Coals and Woolworths.
25:42
Speaker 6: Well, they've obviously got a very strong case. They've got
25:48
Speaker 6: a lot of information from consumers and the Internet. And
25:53
Speaker 6: then under the law, Coals and Woolies, having made their
25:58
Speaker 6: claims about discounts, have to be able to substantiate them.
26:03
Speaker 1: I don't think.
26:04
Speaker 6: Cos and Woolies will be able to come up with
26:07
Speaker 6: any evidence that is helpful to them. On the contrary,
26:11
Speaker 6: the opposite to me, it's a rather clear breach of
26:15
Speaker 6: the law, likely to be upheld by the courts and
26:20
Speaker 6: likely to result in high funds.
26:24
Speaker 2: Now if it is, you know, in many cases it
26:27
Speaker 2: was obvious to consumers that this practice was happening. How
26:32
Speaker 2: is it possible that wiol Wars and Cole's directors senior
26:36
Speaker 2: managers wouldn't have known about this. Do you think that
26:39
Speaker 2: this is an issue that there should be scrutiny on
26:42
Speaker 2: what they knew?
26:44
Speaker 1: Yes, it's a very good point.
26:47
Speaker 6: As you said, if consumers knew about it, if you'd
26:51
Speaker 6: look up the internet and prove it, I would have
26:54
Speaker 6: thought any director, any senior manager worth their salt, would
26:59
Speaker 6: know at it. I mean, as a minimum, surely they
27:03
Speaker 6: would have asked, hey, we sell all these big down, down,
27:07
Speaker 6: down price campaigns. Are they affecting our profits or not?
27:14
Speaker 6: And it seems that they didn't because they weren't really
27:17
Speaker 6: reducing their prices. So I am. And the behavior went
27:23
Speaker 6: on for well over a year, probably much longer. It
27:28
Speaker 6: was systematic because across numerous product product categories. So it's
27:35
Speaker 6: hard to see how senior executives and indeed members of
27:41
Speaker 6: the board didn't know and didn't know that. This is
27:46
Speaker 6: a standard illegality under the consumer law. It's mentioned even
27:52
Speaker 6: if you do high school consumer law, this is one
27:56
Speaker 6: of the behaviors that's cited off and false discounts.
28:02
Speaker 2: Do you think there should be some accountability for them
28:06
Speaker 2: personally if it's found that they did know.
28:12
Speaker 6: Yes, the competition and consumer law is quite clear that
28:18
Speaker 6: people who in a business that participate or simply help
28:25
Speaker 6: or know about aid and abent some behavior, they're liable.
28:31
Speaker 6: So I think consideration should be given to taking out
28:36
Speaker 6: liability and the form of fines and so on to
28:40
Speaker 6: individuals who were knowingly involved, no matter what their level
28:46
Speaker 6: in the business.
28:48
Speaker 2: Do you think that is something the HP will see
28:50
Speaker 2: The current leadership there would be considering.
28:55
Speaker 6: Well, they've done it in other cases. I also think
29:00
Speaker 6: that they're now in a position where a lot more
29:04
Speaker 6: information will have to be provided to them by Coles
29:08
Speaker 6: and Woolli's, and that information may bring out individual culpability.
29:16
Speaker 2: That's quite strong, comments former chair of the HP c
29:20
Speaker 2: Alan Fels, joining us now saying that if senior management
29:23
Speaker 2: at Cole's or Willwards knew about this, then they should
29:26
Speaker 2: be personally liable and accountable and even face fines as well.
29:31
Speaker 2: Do you think that if this is proven and it
29:34
Speaker 2: looks like it would because the case is so strong,
29:37
Speaker 2: the figures are so clear cut. Do you think the
29:39
Speaker 2: fines would have to be so large to deter the
29:43
Speaker 2: companies and others like it from engaging in this sort
29:46
Speaker 2: of conduct in the future.
29:50
Speaker 6: In short, yes, And I just go back on one
29:53
Speaker 6: point that very often when they're caught doing this, companies
29:58
Speaker 6: just cave in agreeance happen, get the thing into court
30:02
Speaker 6: settled quickly. I just see some signs of reluctance by
30:08
Speaker 6: Coles and Woolies to do that, and I suspect it's
30:12
Speaker 6: because not because they're worried about fines, but because of
30:17
Speaker 6: individual liability. The top people probably very unwilling to just
30:24
Speaker 6: walk into court with that around their neck. But on
30:27
Speaker 6: your biggot point, I think it's obvious if the claims
30:33
Speaker 6: hold up, that there will be very large fines for
30:37
Speaker 6: the businesses because the business is tender. Regard it as
30:42
Speaker 6: a cost of doing business. We're going to do something
30:45
Speaker 6: very profitable, there's a low cost, low probability of being caught,
30:53
Speaker 6: and the fines aren't that big, so our calculus is
30:57
Speaker 6: it's worth taking the risk. Now, recently the law was
31:01
Speaker 6: changed that a court in setting a fine can take
31:06
Speaker 6: into account this cost of doing business. Psychology and set
31:13
Speaker 6: a really high fine. That means that companies will pay
31:17
Speaker 6: so much that they have to take real notice of
31:22
Speaker 6: breaking the law.
31:23
Speaker 2: Yeah, and they'd have to change practices, so potentially hundreds
31:26
Speaker 2: of millions of dollars presumably, Alan Fell's really appreciate your
31:30
Speaker 2: time and insights tonight. Thank you. Now still to come.
31:34
Speaker 2: We thought the pandemic made us miserable, but according to
31:38
Speaker 2: new analysis, we are now more miserable. I'll tell you
31:41
Speaker 2: I a little later, plus two months on from the
31:44
Speaker 2: horrific Gollen Heights attack, and the community is still really
31:48
Speaker 2: mourning the twelve Israeli Drew's children who were killed by Hesbelah.
31:53
Speaker 2: I'm going to speak right after the break with one
31:56
Speaker 2: of the mothers who lost her little girl. Stay tuned,
32:04
Speaker 2: welcome back. Well, no one knows more about the threat
32:07
Speaker 2: of Hesbela than the parents of the twelve children who
32:11
Speaker 2: were happily playing soccer when they were massacred. A Hesbela
32:15
Speaker 2: strike killed these beautiful twelve young children and injured twenty others.
32:22
Speaker 2: The mother I'm about to speak with had three children
32:25
Speaker 2: outdoors playing on the day the Hesbela strike hit. Here
32:29
Speaker 2: was how that missile hit her community in marj Del
32:33
Speaker 2: Charms in northern Israel.
32:37
Speaker 1: W Hey Hey and me.
32:45
Speaker 2: And her daughter Alma was among the twelve young children killed.
32:50
Speaker 2: Nayala fakr Alden joins me. Now, Nayella, firstly, we are
32:55
Speaker 2: so terribly sorry for your lost such an unnecessary tragedy day,
33:00
Speaker 2: and thank you for having the courage to speak about
33:03
Speaker 2: this just a couple of months later. Can you take
33:07
Speaker 2: us back to July twenty seven and what happened that day.
33:12
Speaker 10: Thank you sheriff for having me in the meeting, and
33:15
Speaker 10: thank you for your condolences. I appreciate a lot, and
33:22
Speaker 10: I wish none of us will will live like this experience.
33:29
Speaker 10: It's really hard to express.
33:31
Speaker 2: And hard to.
33:34
Speaker 10: Talk about it. On the Saturday on July twenty seventh,
33:42
Speaker 10: a tragedy had been that that might can hardly comprehend.
33:47
Speaker 10: It claimed the lives of twelve angels. There are ages
33:50
Speaker 10: between ten and sixteen years old. On the day, everything
33:55
Speaker 10: was normal. In the morning. I brought her breakfast, kissed
34:01
Speaker 10: her and woke her up. She told me, Mom, I
34:04
Speaker 10: feel like having a breakfast in the balcony, and that's
34:09
Speaker 10: exactly what we did. Later that day, I was attending
34:14
Speaker 10: in relatives, wedding.
34:16
Speaker 2: And our house.
34:17
Speaker 10: Their house actually had a view of my se chance. Suddenly,
34:23
Speaker 10: the warning seriens went on and a few seconds later
34:28
Speaker 10: the exeplusion occurred. I felt like the explosion happened in
34:33
Speaker 10: my heart.
34:36
Speaker 2: You could feels so instinctively feel like it was something worse.
34:42
Speaker 10: Sure, I'm talking to you right now, and I feel
34:45
Speaker 10: the beating of my heart. It's really something hard to
34:52
Speaker 10: leave it again, It's really hard.
34:54
Speaker 2: I'm sorry, sorry, thank you for reliving it again to
34:58
Speaker 2: share the story.
35:01
Speaker 10: I have to because I have a message for Alma
35:04
Speaker 10: to reach her voice to the whole world. Alma and
35:08
Speaker 10: the others. Of course, I immediately started running and crying,
35:12
Speaker 10: not knowing why I started running. And I know my children,
35:18
Speaker 10: Ryan and Eleanne were at the field. So Ryanne called
35:21
Speaker 10: me and said, Mom, we are okay, don't worry about us.
35:24
Speaker 10: He also spoke to her to his father and reassure
35:29
Speaker 10: him that they are okay. But my heart keep bounding
35:32
Speaker 10: and the tears keeped falling, and I don't know why.
35:35
Speaker 10: I called Alma to check on her. Alma didn't answer.
35:41
Speaker 10: I thought that she as usual, dancing, sleeping, watching movie.
35:48
Speaker 10: So I went down to my house downstairs to the
35:53
Speaker 10: second floor. I opened the first room, There's no Alma.
35:58
Speaker 10: The second room, Alma on the roof, No Alma. There
36:04
Speaker 10: was no Alma. I hobely wanted to hear her voice.
36:08
Speaker 10: Tell me, Mom, I'm here, don't worry. I am afraid,
36:12
Speaker 10: but I am not here. I am There was no
36:15
Speaker 10: answer there. There was no Alma here.
36:18
Speaker 2: So how did you learn that beautiful Alma was among
36:22
Speaker 2: those he'd been killed?
36:25
Speaker 10: I called Aman, my husband, and I told him I
36:30
Speaker 10: am an Alma isn't answering, and Alma isn't at home.
36:34
Speaker 10: He told me he had arrived to the to the blackground.
36:39
Speaker 10: I went down to the blackground also and asked about her.
36:42
Speaker 10: They told me there there were no girls among the
36:46
Speaker 10: victims at the moment. I was calling her all the time,
36:50
Speaker 10: but she still wasn't answering. One time, I can remember
36:55
Speaker 10: that her phone rang and was busy, so I felt
36:59
Speaker 10: a little comfortable that maybe she's talking to someone else.
37:04
Speaker 10: But no, no, no, my heart tell me something else
37:06
Speaker 10: that if she could call someone, she's going to call
37:12
Speaker 10: me first. At this time, I'm arrived to the field
37:17
Speaker 10: and was carrying her his Elma and his arms. I
37:22
Speaker 10: waited a bit and went to that clinic mini hospital
37:27
Speaker 10: in my town. They told me she was in one
37:30
Speaker 10: of the rooms. Actually, I told them I wanted to
37:35
Speaker 10: go and I was ready for any possibility, but just
37:39
Speaker 10: needed to be by her side, telling her I'm here, mom,
37:45
Speaker 10: I'm holding her hand and comforting her. Unfortunately, everyone knew,
37:51
Speaker 10: everyone know, but no one had the carriage to tell
37:55
Speaker 10: me that she's gone.
37:57
Speaker 2: It lost.
37:57
Speaker 10: So one of my ilities, yes yes, one of the
38:01
Speaker 10: of my relatives took my hand and tell me, you
38:04
Speaker 10: have to be strong. Then I was shocked, and I
38:09
Speaker 10: know that something bad happened.
38:11
Speaker 2: I saw her, Sherry, I.
38:13
Speaker 10: Saw my angel. She was living like an angel, with
38:17
Speaker 10: her beautiful face like she used to to sleep the
38:21
Speaker 10: same way. I started to cry a lot, to cry
38:25
Speaker 10: and to.
38:26
Speaker 1: Cry and cry.
38:26
Speaker 10: But I remember very well that I pray for her
38:32
Speaker 10: and telled her that I wish, I wish my prayers
38:36
Speaker 10: that God have mercy on her and send you and
38:41
Speaker 10: send you kind.
38:41
Speaker 13: Souls just like the way you were to us.
38:44
Speaker 10: Kissed her and tell her God gives us and God
38:48
Speaker 10: takes from us. We accept our destiny.
38:52
Speaker 2: Nailah, really beautiful. Yes, I'm so so sorry you have
38:57
Speaker 2: been through this with sending all our love to you
39:02
Speaker 2: in northern Israel. I don't know how you continue on
39:05
Speaker 2: as a mother to two other children with what's happened
39:07
Speaker 2: to your daughter, Alma. There's no reason for this tragedy,
39:12
Speaker 2: no reason for the Hasbelas strike, and we just send
39:16
Speaker 2: you all of our love and all of our prayers
39:18
Speaker 2: and strength to keep going. Thank you very much for
39:22
Speaker 2: speaking out tonight. I can see how difficult it is.
39:25
Speaker 13: Thank you, Thank you.
39:29
Speaker 2: This is what they're dealing with in Israel. And by
39:32
Speaker 2: the way, Naiala is from the Juruis community, not Jewish.
39:35
Speaker 2: By the way, this is affecting all of Israel, and
39:37
Speaker 2: yet the international community says Israel should just put up
39:41
Speaker 2: with this and shouldn't fight back against Hezbela, try and
39:44
Speaker 2: remove the threat. I mean, this is why it's important
39:46
Speaker 2: to bring these interviews to you now after the break,
39:50
Speaker 2: how Labor is reacting to today's inflation data and what
39:53
Speaker 2: it means for the upcoming election. My political panel will
39:56
Speaker 2: join me next. Right, plenty more to get through tonight.
40:07
Speaker 2: Let's bring in our political panel, Labor MP Daniel Malino
40:10
Speaker 2: and Liberal MP Andrew Wallace. Welcome to you. Both. Look
40:14
Speaker 2: let's turn to today's inflation data falling to two point
40:17
Speaker 2: seven percent. Daniel, there is criticism that this is just
40:22
Speaker 2: a temporary drop. What's your response to this.
40:27
Speaker 1: Well, Hi Sharian, thanks for having me on.
40:30
Speaker 9: So look, I think it is welcome that the headline
40:32
Speaker 9: inflation number came down, But the number that I actually
40:35
Speaker 9: looked at first was what happened to the trimmed mean inflation.
40:38
Speaker 9: And as we all know, the RBA is really focused
40:41
Speaker 9: on core or underlying inflation, and that dropped from three
40:45
Speaker 9: point eight to three point four. And indeed, if you
40:48
Speaker 9: look at the last couple of months, it came down
40:50
Speaker 9: from four point one in June to three point eight
40:52
Speaker 9: last month to three point four.
40:54
Speaker 1: So the trajectory is good.
40:55
Speaker 9: Now, of course you've got to be careful with monthly readings,
40:58
Speaker 9: but we're seeing core inl heading in the right direction
41:01
Speaker 9: and getting close to that two to three band, and
41:04
Speaker 9: that's really what the RBA is focused on. And the
41:07
Speaker 9: RBA is said all along that its interest rate rises
41:10
Speaker 9: are having an impact, but also that the government surpluses
41:13
Speaker 9: are helping in this fight against inflation. The fight against
41:16
Speaker 9: inflation is the number one economic priority, and I think
41:19
Speaker 9: today's numbers reflect the fact that the Government and the
41:22
Speaker 9: RBA are working together and that we're on the right path.
41:26
Speaker 2: Andrew Wallace, do you give the government credit for the
41:29
Speaker 2: fact that the underlying inflation has come down from three
41:32
Speaker 2: point eight to three point four percent.
41:36
Speaker 14: Well, it's good that the headline inflation has come down
41:39
Speaker 14: to three point four percent. But Michelle Bullock has bilt
41:42
Speaker 14: the cap. She's consistently said that, look, it doesn't matter
41:46
Speaker 14: what sort of measures that Jim Chalmers is putting in
41:51
Speaker 14: as temporary measures to try and get a sugar hit.
41:54
Speaker 14: She's looking to see those inflation levels come down and
41:59
Speaker 14: stay down. And she herself has said that one swallow
42:04
Speaker 14: does not make a spring, and this reduction just in
42:08
Speaker 14: the last couple of months is not giving her any
42:11
Speaker 14: comfort that it's going to stay down. So it's pretty
42:16
Speaker 14: clear from Michelle Bollyke that she's not going to move
42:20
Speaker 14: on a reduction of interest rates anytime soon, because clearly
42:24
Speaker 14: she is concerned about that sugar hip that we may
42:29
Speaker 14: be experiencing right now.
42:31
Speaker 2: Well, there's new research that says that Australians haven't been
42:34
Speaker 2: so miserable in over a decade. This is called the
42:37
Speaker 2: Misery Index, and It measures inflation's interest rates, unemployment and
42:41
Speaker 2: other factors to then determine the national mood, and it
42:44
Speaker 2: says that we're living through the most protracted period of
42:47
Speaker 2: economic misery since twenty eleven. Daniel, you know you don't
42:53
Speaker 2: really need research to know that families are doing it
42:56
Speaker 2: tough at the moment.
43:00
Speaker 9: Well, exactly, I was going to say, Shari, Look, I
43:01
Speaker 9: remember the misery index from back when I was both
43:04
Speaker 9: an undergraduate and when I was teaching economics, and we
43:07
Speaker 9: used to have a simple misery index which was unemployment
43:10
Speaker 9: plus inflation. But as you say, look, I don't think
43:13
Speaker 9: either I, nor Andrew nor other members of parliament or
43:16
Speaker 9: members of the community need that index to.
43:18
Speaker 1: Know that people are doing it tough.
43:20
Speaker 9: But just going back to a comment I made previously,
43:24
Speaker 9: that's why fighting inflation is so critical, because high inflation
43:28
Speaker 9: is going to be the most damaging economic phenomenon for
43:33
Speaker 9: people's quality of life. So it's imperative that we bring
43:37
Speaker 9: inflation back to the two to three percent band. But
43:40
Speaker 9: also when you think about the misery index, which is
43:42
Speaker 9: inflation and unemployment, what we're trying to do is to
43:45
Speaker 9: bring inflation down with the minimum increase in unemployment possible.
43:50
Speaker 9: So I think we have seen a lot of progress
43:53
Speaker 9: on inflation, and while there is a lot of difficulty
43:56
Speaker 9: out in the community, I would simply say that it's
43:59
Speaker 9: a good thing that unemployment hasn't risen as much as
44:02
Speaker 9: many forecasts had predicted.
44:04
Speaker 1: So the people are doing it tough.
44:06
Speaker 9: That's why we've put in place so many cost of
44:09
Speaker 9: living measures, which often the opposition criticized but won't tell
44:13
Speaker 9: us which ones they'd get rid of.
44:14
Speaker 1: But people are doing it tough.
44:16
Speaker 2: But Andrew, I mean, the reality is it doesn't look
44:19
Speaker 2: like inflation is going to come down to the target
44:22
Speaker 2: band until at least the end of.
44:24
Speaker 1: Next year twenty six.
44:27
Speaker 2: Well, yes, exactly, So we're not looking at a rate
44:29
Speaker 2: cut anytime soon.
44:32
Speaker 14: No, and Shari, as I make my way around electorate
44:36
Speaker 14: and in fact I was up in North Queensland yesterday
44:38
Speaker 14: and the same applies families. Everybody that I talk to
44:44
Speaker 14: is talking about one thing and one thing only, and
44:46
Speaker 14: that's cost of living. And look, I like Daniel, but
44:51
Speaker 14: I think on this point is he's got it wrong
44:54
Speaker 14: because it's because of the policies of this government that
44:58
Speaker 14: we are seeing interest R remaining higher for longer if
45:02
Speaker 14: you compare Australian to other advanced economies, the US, New Zealand, Canada,
45:09
Speaker 14: you know we are we have higher inflation and many
45:13
Speaker 14: advanced economies and those those countries are seeing reduction interest rights,
45:17
Speaker 14: but we're not seeing them here and we're not seeing
45:19
Speaker 14: them failed economic policies of this way of government.
45:25
Speaker 2: All right, and the political fight over this will continue.
45:28
Speaker 2: Daniel Malino Andrew Wallace really appreciate your time. Thank you. Now,
45:32
Speaker 2: after the break, we'll go live to tell Aviv for
45:34
Speaker 2: the latest on the war between Israel and Hasbela. Stay tuned,
45:43
Speaker 2: all right, let's bring in now live from Tel Aviv,
45:45
Speaker 2: Israeli news anchor Littel SCHAMESH. Littel. Great to see you again. Look,
45:50
Speaker 2: can you tell us about the news today? Unprecedented a
45:53
Speaker 2: has ballistic missile in Tel Aviv. What happened?
45:59
Speaker 15: Yes, so we had an alarm at around six thirty
46:04
Speaker 15: in the morning. It's actually the first time that we
46:06
Speaker 15: are getting rockets from Lebanon towards aiming towards Tel Aviv.
46:11
Speaker 15: We got sirens in Tel Aviv in the past, rockets
46:14
Speaker 15: that are coming from Gaza. But it's actually the first
46:17
Speaker 15: time that chrisbala is firing Tel Aviv.
46:20
Speaker 13: One of the heads of Risbellae is.
46:22
Speaker 15: Saying today we were aiming Israeli Mosad. It was basically
46:27
Speaker 15: just one rocket, and they're claiming that it was a.
46:30
Speaker 13: Response for the Beepers operation.
46:34
Speaker 15: But you have to understand, Israel is striking the south
46:38
Speaker 15: of Lebanon and Lebanon for the past three days, striking
46:42
Speaker 15: Risbela facilities, weapons facilities.
46:46
Speaker 13: And taking down the heads of Risbella.
46:49
Speaker 15: Just last week we saw the elimination of Ibra Ibra
46:54
Speaker 15: Mkil was the head of operations of Chris Bla.
46:57
Speaker 13: He was wanted.
46:58
Speaker 15: There was a bounty on his head by the US government,
47:01
Speaker 15: a bounty of seven million dollars.
47:03
Speaker 13: He was responsible off the killing of.
47:06
Speaker 15: Hundreds of Americans in the embassy, the American embassy in Beirut.
47:11
Speaker 13: So a matter of fact, Israel.
47:13
Speaker 15: Is doing an amazing job, not just helping the safety
47:17
Speaker 15: of Israel, but also taking heads of Chrisboela that were
47:21
Speaker 15: responsible for a variety of attacks, killing American citizens, killing
47:27
Speaker 15: French citizens.
47:29
Speaker 13: And the operation goes on.
47:32
Speaker 2: Yet we've seen the international community put pressure on Israel
47:36
Speaker 2: to de escalate. How can the international community, including by
47:40
Speaker 2: the way, our foreign minister here in Australia, how can
47:43
Speaker 2: they expect Israel to do nothing when there's been this
47:46
Speaker 2: almost daily constant barrage from Hesbela ever since October seven.
47:53
Speaker 15: Exactly constant barrage. We're talking about hundreds of missiles who
47:58
Speaker 15: are being fired from the south of Lebanon by his
48:02
Speaker 15: Bala towards Israel on daily basis. This is actually the
48:06
Speaker 15: first time that we are seeing Israel striking back and
48:10
Speaker 15: striking hard, and the people of Israel are saying, eventually,
48:14
Speaker 15: after eleven months of getting rockets aiming towards US, Israel
48:18
Speaker 15: is doing something, and Israel is taking down heads of Chrisbala.
48:21
Speaker 15: Israel is taking down weapons, weapons and missiles, and according
48:27
Speaker 15: to our recent recent headlines, Israel managed to take down
48:31
Speaker 15: at least fifty percent of the rockets that Beelah has.
48:36
Speaker 15: We cannot allow ourselves to get people to leave in
48:40
Speaker 15: their houses. We're talking about hundreds of thousands of people
48:43
Speaker 15: who are evacuated from their houses in the northern part
48:47
Speaker 15: of Israel, and they will not be able to return
48:50
Speaker 15: to their house safely if we won't take down all
48:54
Speaker 15: of US missiles facilities Letta.
48:58
Speaker 2: I've only got about forty seconds left, and I just
49:00
Speaker 2: want to ask you, is there concern that Iran will
49:04
Speaker 2: now step in to help Hezbella.
49:09
Speaker 15: There is a major concern, and that's why the US
49:12
Speaker 15: is sending more equipments because the US at the moment,
49:16
Speaker 15: as you've said, they don't want to see any escalations. Obviously,
49:20
Speaker 15: the upcoming elections in America on November fifth is also
49:23
Speaker 15: a major factor of them.
49:25
Speaker 13: Don't want to see an escalation.
49:28
Speaker 15: And if you're asking me, the only way to prevent
49:31
Speaker 15: a larger war is to strike his Belah and to
49:36
Speaker 15: get them to surrender.
49:37
Speaker 13: That's the only.
49:38
Speaker 15: Way we will achieve any sort of agreements on our border.
49:43
Speaker 2: Yeah, all right, Letoshamesh really appreciate your time. Thank you.
49:47
Speaker 2: I'll see you tomorrow at eight o'clock. And here is
49:50
Speaker 2: Pomar