Latest / The Kenny Report / The Kenny Report | 25 March
Transcript
- 0:01Speaker 1: Line from the Skoing New Center. This is the Kenny.
- 0:05Speaker 2: Report, Thanks for joining me tonight previewing the federal budget.
- 0:09Speaker 2: Labour's broken promises, their economic fantasies meet reality. When will
- 0:15Speaker 2: we face up to our budget woes? The Queensland Premier
- 0:18Speaker 2: reveals his Brisbane Olympics stadium plans, a new inner city stadium,
- 0:23Speaker 2: the centerpiece of a grand plan. The tel mp who
- 0:27Speaker 2: sprooks integrity and openness but refuses to talk about her
- 0:32Speaker 2: own husband's campaigns. Skullduggery. Another green hydrogen plant bites the dust.
- 0:38Speaker 2: I'll speak with National Senate Leader Bridget mackenzie also tonight,
- 0:41Speaker 2: Stephen Senna Tempo and Lisa Goddard.
- 0:43Speaker 1: Let's get into it.
- 0:48Speaker 2: There was a time when budgets were about reality. On
- 0:51Speaker 2: Budget Night we were given a series of figures and
- 0:54Speaker 2: statistics that reflect the exact financial status of the government
- 0:58Speaker 2: as well as the shape of the economy, as the
- 1:01Speaker 2: government detailed its plans to ensure we improve into the future.
- 1:06Speaker 2: These days, there's more spin around budgets than reality, more
- 1:10Speaker 2: fantasy than facts. That will be on clear display tonight,
- 1:15Speaker 2: the Anthony Albanese Labor government will deliver a budget that
- 1:19Speaker 2: is in dire strife. It's in structural deficit, and they
- 1:23Speaker 2: will have no plan to get back into surplus, no
- 1:26Speaker 2: plan to deliver productivity growth, and therefore no plan to
- 1:30Speaker 2: make us more prosperous. Yet they will promote it as
- 1:34Speaker 2: a crowning achievement. They will say it's great for you
- 1:38Speaker 2: and rosy days are just around the corner if we
- 1:41Speaker 2: only re elect them. Remember they did all of this
- 1:45Speaker 2: at the last election. They said the cost of living
- 1:48Speaker 2: would fall wrong, they said interest rates would fall wrong again,
- 1:54Speaker 2: and they promised electricity prices would be cut by two
- 1:57Speaker 2: hundred and seventy five dollars a year. And they fail.
- 2:00Speaker 2: They broke that promise. Prices have gone up. They've gone
- 2:04Speaker 2: in the opposite direction by three or four times the
- 2:07Speaker 2: promise cut. But the Prime Minister reckons he's got a
- 2:10Speaker 2: good story to tell. Missus Spaga.
- 2:14Speaker 3: Tonight, we will hand down a budget that confirms confirms
- 2:19Speaker 3: inflation is going down.
- 2:22Speaker 2: Ye yeah, here, hey, the way this mobar spending, it
- 2:26Speaker 2: won't be long before inflation heads up again.
- 2:30Speaker 1: The size of.
- 2:31Speaker 2: Government continues to grow like topsy. Labor has added more
- 2:34Speaker 2: than thirty six thousand extra public servants, most of them
- 2:38Speaker 2: in Canberra. It's given them a series of pay rises
- 2:42Speaker 2: the rest of us would dearly love, and Labour's told
- 2:45Speaker 2: them they can all work from home. This is what
- 2:48Speaker 2: labor makes us pay for public servants we don't need
- 2:52Speaker 2: doing four fifths of bugger all getting pay in conditions
- 2:56Speaker 2: that far exceed the private sector. And then told them
- 3:00Speaker 2: I can stay home anyway. And Labour has no economic
- 3:04Speaker 2: reform plan. They're doing nothing to encourage growth. Instead they
- 3:08Speaker 2: do the opposite. They give us more power to the unions.
- 3:11Speaker 2: Of course, they power up the unions and overregulate the
- 3:15Speaker 2: labor market to stifle investment and growth, and the vandalized
- 3:20Speaker 2: our energy system, increasing prices and making energy supplies far
- 3:24Speaker 2: more perilous because they want to pretend that they can
- 3:28Speaker 2: somehow change the global climate. This is impossible, scientifically idiotic.
- 3:35Speaker 2: Our inconsequential emissions cuts do nothing as global emissions continue
- 3:41Speaker 2: to rise. But Labor loves the vibe of the climate
- 3:44Speaker 2: action thing, even as it hurts families and undermines every
- 3:49Speaker 2: aspect of our economy. No wonder the country's in strife.
- 3:54Speaker 4: So an election woulding budget Well, we'reabout is doing the
- 3:57Speaker 4: right thing by Australian where put them first. That's been
- 4:02Speaker 4: our priority.
- 4:04Speaker 2: Thank you, really doing the right things by themselves. More
- 4:10Speaker 2: likely that'll be the theme tonight, doing the right thing
- 4:13Speaker 2: by labor trying to buy votes, picking out special interest groups,
- 4:18Speaker 2: throwing money at them and hoping that'll be enough to
- 4:21Speaker 2: win their votes in about six weeks time before things
- 4:25Speaker 2: go sour. The trouble with all this is that truth
- 4:29Speaker 2: goes awol. Listen to the Prime Minister on radio this morning.
- 4:33Speaker 2: I nearly choked on my wheaties.
- 4:36Speaker 4: We have cut our debt by two hundred billion dollars
- 4:41Speaker 4: as a result of our responsible economic management.
- 4:45Speaker 1: Say what, he's cut debt.
- 4:48Speaker 2: All that spending and he's cut debt.
- 4:51Speaker 1: Let's check that out.
- 4:53Speaker 2: Here's where government debt was in June twenty twenty two,
- 4:56Speaker 2: just a month after Labour came to power. Back then,
- 4:59Speaker 2: as anation, we owed eight hundred and ninety two thousand,
- 5:03Speaker 2: seven hundred and forty seven million dollars, or near enough
- 5:07Speaker 2: to eight hundred and ninety three billion dollars, and as
- 5:12Speaker 2: of today we owe nine hundred and fifty six thousand,
- 5:16Speaker 2: four hundred million dollars, or more than nine hundred and
- 5:19Speaker 2: fifty six billion dollars that's an increase of more than
- 5:23Speaker 2: sixty billion dollars in our debt, not a cut, and
- 5:27Speaker 2: the forecast tonight will show that debt will soon top
- 5:30Speaker 2: one thousand million dollars or a trillion dollars, because budget
- 5:35Speaker 2: deficits will continue deep into the future. In other words,
- 5:40Speaker 2: we will be spending more than we earn for the
- 5:42Speaker 2: foreseeable future. You and I could never run a small
- 5:46Speaker 2: business like this, We could never run our households like this.
- 5:50Speaker 1: We always have.
- 5:51Speaker 2: To live within our means, or we have to have
- 5:53Speaker 2: a plan to pay off our debt. But labor continues
- 5:56Speaker 2: to put it all on the credit card, on your
- 6:00Speaker 2: credit card, and then it boasts about it, and it
- 6:03Speaker 2: expects you to be grateful for the way they're throwing
- 6:06Speaker 2: around your taxes, your future taxes and your kid's future taxes.
- 6:13Speaker 2: What are reckless, irresponsible, and in the end, damaging way
- 6:17Speaker 2: to run a country.
- 6:19Speaker 1: That's why the.
- 6:19Speaker 2: Big event this week isn't really the budget tonight. We
- 6:23Speaker 2: know it'll bake in this unrealistic approach. We know it'll
- 6:27Speaker 2: be all politics and zero economics. The major event this
- 6:32Speaker 2: week will be Peter Dutton's budget in reply speech on
- 6:35Speaker 2: Thursday night, How bold can he be in mapping out
- 6:40Speaker 2: a different approach. How much reality will he be prepared
- 6:44Speaker 2: to confront? Will he issue a wake up call to
- 6:47Speaker 2: the nation and deliver the unpalatable truth that we have
- 6:52Speaker 2: to live within our means, reduce the size of government
- 6:56Speaker 2: and work hard to expand our economy rather than bling
- 7:00Speaker 2: it through this bizarre pretense that we can change the
- 7:03Speaker 2: global climate. We will see on Thursday night. But Peter Dutton,
- 7:09Speaker 2: your country needs you. You know that the tlmps like
- 7:17Speaker 2: a Legrispender and Zoey Daniels and Zali Stegel and Monique Ryan.
- 7:23Speaker 2: You know they claim to be into lifting the standards
- 7:26Speaker 2: of our politics, and you know that you know that
- 7:29Speaker 2: they reckon they're into integrity and all of that, because
- 7:32Speaker 2: that's what they keep telling you.
- 7:35Speaker 5: I think we can do better on integrity and politics.
- 7:37Speaker 5: We need to constantly invest in our democracy.
- 7:40Speaker 6: Democracy is under threat globally and what we acknowledge is
- 7:43Speaker 6: a post truth world. Speaker, we can combat cynicism and
- 7:47Speaker 6: disbelief only by committing to openness.
- 7:50Speaker 5: People want to see politics done differently.
- 7:52Speaker 7: They particularly want integrity and accountability in politics.
- 7:56Speaker 8: As your member for Keoon, I will act with integrity
- 7:59Speaker 8: and honesty, and I will provide leadership and vision and
- 8:03Speaker 8: I stand for integrity, decency, and honesty.
- 8:06Speaker 9: I really think the public wants to see accountability and
- 8:09Speaker 9: integrity happening in the public because that is how we
- 8:14Speaker 9: raise trust in politics.
- 8:17Speaker 2: Yeah, but the Tills and their movement haven't really lived
- 8:20Speaker 2: up to that so well have they. For starters, they
- 8:23Speaker 2: spend more on their campaigns than any other candidates, taking
- 8:27Speaker 2: massive donations from Simon Holmes of Courts Climate two hundred outfit,
- 8:31Speaker 2: which is bank rolled in large part by some of
- 8:34Speaker 2: the richest climate hypocrites in the country, people who talk
- 8:38Speaker 2: climate action but have massive carbon footprints. And then, as
- 8:43Speaker 2: we saw yesterday, the Tills are not above grubby political
- 8:46Speaker 2: tactics in their electorates. Oh you, I'm not saying who
- 8:51Speaker 2: I am, who are you? Or you wear a teal
- 8:53Speaker 2: T shirt. I'll start to film you are your monic
- 8:56Speaker 2: Ryan support of ripping down people's signs is that what
- 9:01Speaker 2: you're doing it belongs to me. Hey, you can take
- 9:04Speaker 2: it off the property, but it belongs to me.
- 9:07Speaker 10: Yeah.
- 9:07Speaker 2: That was the husband of the TLMP for Qyong, Monique Ryan. Yeah,
- 9:12Speaker 2: her husband Peter Jordan I don't know what his day
- 9:14Speaker 2: job is. He pulled up a poster that didn't belong
- 9:17Speaker 2: to him, a post of promoting the Liberal candidate, and
- 9:21Speaker 2: he took off with it. We can only imagine what
- 9:24Speaker 2: Ryan said to him, because we know she likes to
- 9:27Speaker 2: boss people.
- 9:27Speaker 6: Around and chronic illness put your masks on from repeated infection.
- 9:35Speaker 2: Yeah, and we know she claims to be into openness
- 9:39Speaker 2: in politics.
- 9:41Speaker 6: Democracy is under threat globally and what we acknowledge is
- 9:44Speaker 6: a post truth world speaker. We can combat cynicism and
- 9:49Speaker 6: disbelief only by committing to openness.
- 9:53Speaker 2: But in Canberra today Ryan was not very open, not
- 9:57Speaker 2: very transparent.
- 10:00Speaker 11: Can I ask you what do you think of your
- 10:01Speaker 11: husband's decision to remove the Liberal candidates signing Cuyong?
- 10:05Speaker 8: If I don't have a comment for you of comment
- 10:07Speaker 8: on that matter already, thank you.
- 10:09Speaker 5: Do you think that was an appropriate thing to do?
- 10:11Speaker 8: Could you please get your cameras away from me?
- 10:13Speaker 11: Do you think it was an appropriate thing to do
- 10:15Speaker 11: for him to remove that sign?
- 10:18Speaker 12: Could you please keep the cameras away from me? Suddenly
- 10:22Speaker 12: Ryan was camera shy. Suddenly she was not so open.
- 10:25Speaker 12: Her claims to have already commented seemed odd. We're not
- 10:29Speaker 12: aware of any news conference or interview. Surely she wasn't
- 10:33Speaker 12: referring to that statement of apology from her and a
- 10:36Speaker 12: husband that was put out yesterday. That's hardly commenting, So
- 10:40Speaker 12: dodging questions would hardly look like openness and transparency. But
- 10:44Speaker 12: full marks to Channel seven's Isabelle Mullins, she wasn't going
- 10:48Speaker 12: to let up.
- 10:50Speaker 11: Is there anything that you would like to say to
- 10:51Speaker 11: that liberal candidate.
- 10:55Speaker 5: Of comment on the matter, thinking and on what is your.
- 10:58Speaker 11: Message anything at all? Heading into the election? How do
- 11:08Speaker 11: you think constituents will view that act?
- 11:22Speaker 2: That's Monique Ryan, member for Quyong, bringing transparency to politics.
- 11:28Speaker 2: Imagine if these people had responsibility for anything. Imagine if
- 11:31Speaker 2: they had to answer questions about programs or policies or
- 11:35Speaker 2: departments they administered. So much to say about other politicians,
- 11:39Speaker 2: so much to say about integrity in politics, nothing to
- 11:42Speaker 2: say about the behavior of our own campaigners, her own husband.
- 11:48Speaker 2: I've always said the Tills movement is a fraudulent one,
- 11:51Speaker 2: and every day only confirms that. I'll have more later
- 12:00Speaker 2: on the Brisbane Olympic Games venues announcement a huge deal
- 12:04Speaker 2: in Queensland today and it'll be a huge deal for
- 12:07Speaker 2: the whole country. Eventually, Queensland hosting the Games is going
- 12:10Speaker 2: to be sensational.
- 12:11Speaker 1: Surely we all know that.
- 12:12Speaker 2: Remember how friendly and lively the Games were in Sydney
- 12:16Speaker 2: in two thousand. Well, you'd reckon the Queenslanders. We'll be
- 12:19Speaker 2: able to top that. But facilities are critical, and I'm
- 12:23Speaker 2: so glad that Premier chriso fully has bitten the bullet,
- 12:27Speaker 2: changed his mind and gone for the new stadium option.
- 12:31Speaker 13: There'll also be an exciting new sports and entertainment precinct
- 12:34Speaker 13: in the heart of Brisbane, where Victoria Park will become
- 12:37Speaker 13: home to Brisbane Stadium, designed to attract world class events.
- 12:42Speaker 13: The Centenary Pool will be transformed to become our national
- 12:45Speaker 13: Aquatic Center with more than twenty five thousand seats and
- 12:48Speaker 13: multiple pools, ready to host international competitions and train the
- 12:52Speaker 13: next generation of champions.
- 12:55Speaker 2: Look this is clearly the right decision. The experience in
- 12:58Speaker 2: other cities tells story. In Melbourne they split up footy
- 13:02Speaker 2: and cricket for decades with a footy stadium way out
- 13:06Speaker 2: at Waverley.
- 13:08Speaker 1: There it never worked.
- 13:09Speaker 2: One quality stadium, the redeveloped MCG shared by both sports,
- 13:14Speaker 2: near the heart of the city.
- 13:15Speaker 1: That's been brilliant.
- 13:16Speaker 2: In Adelaide, the same story, decades of controversy before they
- 13:20Speaker 2: all settled on Adelaide Oval being redeveloped in the city
- 13:23Speaker 2: center and footy and cricket and other events have never
- 13:26Speaker 2: looked back. And in Perth two one brilliant stadium footy
- 13:29Speaker 2: and cricket special events too. It's been transformative. So in
- 13:34Speaker 2: Brisbane it's going to be the same. This plan for
- 13:36Speaker 2: Victoria Park will ensure that Brisbane has a world class
- 13:40Speaker 2: stadium for the games, close to the city center and
- 13:43Speaker 2: transport links, and then a perfect facility for Rossie RULs,
- 13:47Speaker 2: footy and cricket and other events to share way into
- 13:51Speaker 2: the future. Great stuff. There'll be wines, and there'll be controversy,
- 13:54Speaker 2: there always is, but believe me, Brisbane will love this
- 13:59Speaker 2: stadium long term. I'll get expert analysis on the Brisbane
- 14:03Speaker 2: plan from Ozzie Sporting great John bertrand later let's get
- 14:11Speaker 2: back down to the Canberra now and catch up with
- 14:13Speaker 2: the National Senate leader Bridget mackenzie as we all await
- 14:16Speaker 2: the budget later tonight.
- 14:17Speaker 1: Thanks for joining us, Bridget.
- 14:19Speaker 2: I wanted to kick off on energy that's sort of
- 14:21Speaker 2: to me, and there won't be a hell of a
- 14:23Speaker 2: lot of talk about it tonight except for the labor
- 14:25Speaker 2: throwing more money at our power bills. But the energy
- 14:29Speaker 2: mess in this country just got deeper again yesterday with
- 14:32Speaker 2: the announcement of yet another green hydrogen plan, a seven
- 14:37Speaker 2: hundred and fifty million dollar plan in Port Pieri in
- 14:40Speaker 2: South Australia. Falling over another one bites the day. So
- 14:43Speaker 2: when a labor going to admit that this thing just
- 14:45Speaker 2: won't happen, absolutely, Chris.
- 14:50Speaker 14: It's like Chris Bowen is you know that a black
- 14:54Speaker 14: night in Monty Python, another limb is slashed off his
- 14:58Speaker 14: corpse and he just refuses to face reality. The Australian reported,
- 15:05Speaker 14: I think today or recently, that ninety nine percent of
- 15:09Speaker 14: hydrogen projects haven't proceeded past concept stage. This isn't going
- 15:15Speaker 14: to fly. We have a comparative advantage on the energy
- 15:20Speaker 14: front in so many areas in this country in abundance
- 15:23Speaker 14: of gas, an abundance of coal, and a backyard, particularly
- 15:28Speaker 14: for those of you in South Australia, full of uranium
- 15:31Speaker 14: to really power our future in a lower missions century.
- 15:35Speaker 14: And so for labor to still be pursuing this pipe
- 15:38Speaker 14: dream of green hydrogen. When all of these projects are
- 15:43Speaker 14: falling over, when the rubber hits the road and they
- 15:45Speaker 14: have to face reality, just shows what dreamers and grifters
- 15:51Speaker 14: are part of Labour's energy policy thus far.
- 15:54Speaker 2: They are absolutely dreamers. I'll show you a little bit
- 15:57Speaker 2: of what they've been saying about green hydrogen lately.
- 16:00Speaker 1: But the thing is they've also backed it up.
- 16:02Speaker 2: With tens of billions of dollars of government subsidies and
- 16:05Speaker 2: the like time, try trying our hard tax dollars.
- 16:10Speaker 1: After these dreams have I listened to them.
- 16:13Speaker 4: We have an exciting future going forward in terms of
- 16:16Speaker 4: green hydrogen.
- 16:18Speaker 15: Under the Urban Easy Labor government. These jobs will be
- 16:20Speaker 15: secure because we'll be leading the global green hydrogen revolution.
- 16:25Speaker 15: And what we know is that the green hydrogen sector
- 16:29Speaker 15: has an enormous potential in this country. We have two
- 16:32Speaker 15: hundred and twenty five billion dollar pipeline for green hydrogen
- 16:35Speaker 15: in Australia that's across one hundred projects. Now, my government
- 16:39Speaker 15: sees enormous potentially in green hydrogen and will look for
- 16:43Speaker 15: opportunities to back green hydrogen projects. Only Labor has the
- 16:47Speaker 15: plan to ensure that Australia is part of and is
- 16:51Speaker 15: leading that hydrogen revolution.
- 16:54Speaker 2: Hydrogen revolution? What sort of a cloud is this bloke?
- 16:58Speaker 1: A player?
- 16:59Speaker 2: Even with all that government money on offer, that fallen
- 17:01Speaker 2: over major projects in Gladstone, in the Hunter Valley, down
- 17:05Speaker 2: in the Illawara, two of them in South Australia and
- 17:07Speaker 2: Western Australia. They're falling over everywhere. And these guys are
- 17:11Speaker 2: still talking about a green hydrogen revolution. Will you just
- 17:15Speaker 2: put a line through this in your election campaign, Olio.
- 17:20Speaker 14: They're just so divorced from reality. The science isn't stacking up,
- 17:25Speaker 14: and they're shoveling, as you said, billions of dollars of
- 17:28Speaker 14: taxpayers money to these projects. Even Twiggy Forest is walking
- 17:34Speaker 14: away from this stuff. So the point and the problem
- 17:38Speaker 14: is that our energy prices are going up, Chris. We've
- 17:41Speaker 14: got an abundance of natural resource sitting here in the
- 17:46Speaker 14: ground across three different types of energy sources waiting to
- 17:51Speaker 14: be unlocked, for that potential to be unlocked to actually
- 17:54Speaker 14: drive down energy prices in a sensible plan that's based
- 17:57Speaker 14: in reality. Instead obviously the labor chasing that green dream
- 18:02Speaker 14: and unfortunately coming a cropper as a result.
- 18:05Speaker 2: Yeah, and look it underpins everything about this budget and
- 18:08Speaker 2: everything about this economy is what we're doing to ourselves
- 18:12Speaker 2: on energy. You as a coalition, I'm not going to
- 18:15Speaker 2: stand in the way of this latest round of rebates
- 18:18Speaker 2: one hundred and fifty dollars over the next six months
- 18:20Speaker 2: to try and keep domestic power prices down. But this
- 18:23Speaker 2: is such a band aid, right, This is more taxpayers dollars.
- 18:26Speaker 2: It runs out in six months. What will happen in
- 18:29Speaker 2: six months time?
- 18:33Speaker 14: Well, Chris, the reality is this. I think it's close
- 18:36Speaker 14: to six point eight billion dollars of taxpayers money to
- 18:41Speaker 14: subsidize energy bills. When remember the Prime Minister the last
- 18:45Speaker 14: time the election rolled around and ninety seven times post
- 18:49Speaker 14: that he promised that your energy bill would go down.
- 18:52Speaker 14: Instead it's gone up on average thirteen hundred dollars. It's
- 18:56Speaker 14: also driving business's bus across our economy. So let's not
- 19:03Speaker 14: kit ourselves here. Labor is not solving the primary problem,
- 19:08Speaker 14: which is the increase in energy price. Instead, they're essentially
- 19:12Speaker 14: putting a band aid on a bullet wound. As you know,
- 19:16Speaker 14: consumers right across the country, business's households are bleeding out
- 19:22Speaker 14: as a result of their energy policy, and until they
- 19:25Speaker 14: address the problem at its source with an energy policy
- 19:31Speaker 14: that is sensible rather than these pipe dreams you and
- 19:33Speaker 14: I spoke about earlier. It's not going to get any better.
- 19:37Speaker 14: We need to have a sensible conversation in this country
- 19:40Speaker 14: about getting more gas supplied into the energy system, and
- 19:45Speaker 14: we need to have a future focused conversation about net
- 19:50Speaker 14: zero nuclear, which we know will power us into next
- 19:54Speaker 14: century with a reliable, affordable source.
- 19:57Speaker 1: And we've got to get cracking.
- 19:58Speaker 2: We've got to get cracking because we're the whole country.
- 20:01Speaker 2: In the meantime, thanks so much for joining us, Bridget
- 20:03Speaker 2: Bridget mackenzie, the National Senate Leader. Now I'll have to
- 20:08Speaker 2: wait and see what's in the budget. We'll find out
- 20:09Speaker 2: at seven o'clock tonight. Of course watch it here alive
- 20:12Speaker 2: on Sky News. But of course, in the meantime, hundreds
- 20:14Speaker 2: of journalists and economists and industry representatives and interest groups,
- 20:18Speaker 2: they're all temporarily at the moment behind bars in budget lockups,
- 20:23Speaker 2: getting across all the details before the Treasurer delivers the
- 20:26Speaker 2: speech later tonight, so they come out and tell us
- 20:28Speaker 2: all about it afterwards. And among them is our own
- 20:30Speaker 2: Tim Blair. He's in the lock up for the Daily Telegraph.
- 20:33Speaker 2: But I caught up with him before he went into
- 20:35Speaker 2: the lock up, and I noted that, given what Labor
- 20:37Speaker 2: has been saying about the budget, it was a bit
- 20:39Speaker 2: like he was leaving the real world behind for a
- 20:41Speaker 2: while to spend a few hours in make believe land.
- 20:47Speaker 9: Yeah, it's going to be like the opposite of a
- 20:49Speaker 9: detox tech. You're going to get toxed up in the
- 20:53Speaker 9: lockup and come out and then hopefully regrets. And this
- 20:56Speaker 9: one's very different, as you'd be aware, Chris, this budget
- 20:59Speaker 9: because ordinarily we know a great deal more than even
- 21:02Speaker 9: we know about this budget. We know a great deal
- 21:04Speaker 9: more in advance, and we can do a fair amount
- 21:06Speaker 9: of pre planning about what we're going to write about.
- 21:08Speaker 9: But a lot of people just we just a lot
- 21:11Speaker 9: of people didn't expect there'd be a budget this year.
- 21:13Speaker 9: We thought there'd be an early election that would push
- 21:17Speaker 9: the budget back. So maybe a few of us have
- 21:19Speaker 9: been caught on the hop we'll see how things turn out.
- 21:22Speaker 2: Yeah, but it's the sense of unreality that confounds me.
- 21:27Speaker 2: As I mentioned at the top of the show, Anthony
- 21:29Speaker 2: Albernezi was out there this morning saying he's got dead
- 21:33Speaker 2: down now. Now that's spiraling towards a billion dollars. He's
- 21:37Speaker 2: living in an alternate universe.
- 21:39Speaker 9: Oh completely. I mean, I just keep going back to
- 21:43Speaker 9: the the famous two hundred and seventy five dollars saving promise,
- 21:47Speaker 9: which Labor now, even though they've missed that target by
- 21:50Speaker 9: thousands of dollars, Labour now saying I don't know we're
- 21:54Speaker 9: saving you money because we're giving you all these rebates.
- 21:57Speaker 9: That's not saving No, that's using tax to cover for
- 22:01Speaker 9: the savings not being made. It's incredibly dishonest the way
- 22:05Speaker 9: they're presenting it, and I look forward to that being
- 22:08Speaker 9: a theme perhaps throughout the entire budget, of just faking
- 22:11Speaker 9: it up. I mean, they've got to when spending, when
- 22:14Speaker 9: the sort of promises they're made are above sixty billion dollars,
- 22:18Speaker 9: how many of those can possibly be justified? How many
- 22:21Speaker 9: of those will ever be met? Possibly? None.
- 22:24Speaker 2: This is the trouble, of course, what they say, the
- 22:28Speaker 2: numbers they put up, the arguments they don't bear up
- 22:32Speaker 2: to any accurate scrutiny, and which of course there will
- 22:37Speaker 2: be plenty of wise heads who will point that out
- 22:40Speaker 2: in the budget today. But I read they're actually getting
- 22:42Speaker 2: a bunch of social media influencers into the lock up
- 22:46Speaker 2: in Canberra. This is what they want. They want people
- 22:48Speaker 2: who just spout their lines and get it onto Instagram
- 22:51Speaker 2: and not scrutinize the logic and the numbers behind their retoric.
- 22:56Speaker 9: Yes, that's what we need more of in hard no
- 23:00Speaker 9: budget analysis is social media influences. So after they tell
- 23:04Speaker 9: us about deficits and surpluses, they can advise us on
- 23:08Speaker 9: whether flares are back or the other things, whether sugar
- 23:15Speaker 9: should be taxed. It's yeah, it's an unusual decision, let's say,
- 23:20Speaker 9: but you know it's worked before, sort of with the
- 23:23Speaker 9: Prime minister who remember remember Albanezi the DJ and that
- 23:26Speaker 9: was a big theme a few years ago. He hasn't
- 23:28Speaker 9: really gone back to that lately. But it's in the
- 23:31Speaker 9: same sort of orbit as your social influencers.
- 23:34Speaker 2: And yeah, I hope someone gets some selfies inside the
- 23:37Speaker 2: lock up with the influencers. Should be a lot of fun.
- 23:40Speaker 2: Let's go back to have a look at some of
- 23:42Speaker 2: the more traditional media preparations for a budget and have
- 23:46Speaker 2: a look at this pick fact this morning between the
- 23:49Speaker 2: Prime Minister, the Treasurer and the Finance minister.
- 23:52Speaker 4: It's been a great task trying to land US seven
- 23:56Speaker 4: four seven on a helicopter pat here trying to get
- 23:59Speaker 4: that in inflation level down whilst making sure we maintain employment,
- 24:04Speaker 4: increase wages, and defend people's living centers by providing cost
- 24:10Speaker 4: of living relief.
- 24:11Speaker 5: Yeah, that's right.
- 24:12Speaker 16: I mean this has been a big task, building on
- 24:15Speaker 16: previous budgets, as you say, PM, lots of investment in
- 24:18Speaker 16: women and driving economic equality for women, cost of living relief,
- 24:22Speaker 16: finding savings as well where we can.
- 24:25Speaker 17: Yes, such a natural spiel there, it's him, And the
- 24:29Speaker 17: thing that stands out for me is this metaphor from
- 24:32Speaker 17: Anthony alberneasy landing a jumbo jet on a helicopter pad. Oh,
- 24:38Speaker 17: that's exactly what he's done, because the only way he
- 24:40Speaker 17: can do that is crash the economy.
- 24:44Speaker 9: Yes, Forraguy, who spends a lot of time on aircraft,
- 24:47Speaker 9: is possibly not aware that helicopters do this sort of thing.
- 24:51Speaker 2: They go up and down, and.
- 24:54Speaker 9: Your jets do that thing. They go, they go across
- 24:58Speaker 9: and if you want to, you want to put one
- 24:59Speaker 9: on a Hell, he paid you are as you say,
- 25:00Speaker 9: you're crashing it. But I just love the sort of
- 25:02Speaker 9: the unashamed Soviet level dishonesty here the presentation of all
- 25:08Speaker 9: that's bad as being good. You know, tractive production has
- 25:11Speaker 9: gone up four percent. You know, our beag root factory
- 25:14Speaker 9: has met all of its target. This is just bogus,
- 25:18Speaker 9: and it sounds even more bogus when they scripted. It
- 25:21Speaker 9: just adds that sort of you know, that bogus level
- 25:24Speaker 9: of gravitas of the raim before and to a lot
- 25:27Speaker 9: of people who just undermines it, it makes it sound
- 25:29Speaker 9: even more ridiculous.
- 25:30Speaker 2: Look, while you're fully ensconced in budget matters today, I've
- 25:34Speaker 2: got to get your thoughts on some events in the US.
- 25:36Speaker 2: And this extraordinary security bridge, the one that anybody involved
- 25:40Speaker 2: in the media would want to happen to them, and
- 25:42Speaker 2: that is this encrypted social media group that's got the
- 25:47Speaker 2: you know, the Secretary of State, the Vice President, all
- 25:50Speaker 2: these defenses officials on it. And they've included a journo
- 25:53Speaker 2: on their planning for attacks against the whod he's in Yemen.
- 25:58Speaker 9: Yes, so not even a friendly journo, someone who's been
- 26:00Speaker 9: very critical of the Trump administration. They've included an enemy
- 26:04Speaker 9: if you like. But the other thing, though, is the
- 26:07Speaker 9: content is actually really good. What we've now seen leaked
- 26:12Speaker 9: is reveals that for example, Vice President j Evance and
- 26:16Speaker 9: Peter Hegseth and all the people who are involved in it.
- 26:18Speaker 9: What they're saying in their private official meetings is exactly
- 26:22Speaker 9: what they're saying exactly the same tone. That's what they're saying,
- 26:26Speaker 9: you know, in public. So in a way, and you
- 26:30Speaker 9: don't want to be sort of too conspiratorial about it.
- 26:33Speaker 9: In a way, it almost looks as though this might
- 26:35Speaker 9: have been a deliberate thing to sort of give a
- 26:37Speaker 9: good sort of pr glow.
- 26:40Speaker 1: To It's kind of reassuring to see that, but it
- 26:43Speaker 1: doesn't hurt them.
- 26:44Speaker 2: Yeah, it's reassuring to see that consistency rather than some
- 26:47Speaker 2: sort of gung ho behind the scenes attitude. Here's the President.
- 26:50Speaker 1: He didn't know much about it, He reckons.
- 26:52Speaker 4: I don't know anything about it. I'm not a big
- 26:54Speaker 4: fan of The Atlantic.
- 26:55Speaker 16: It's to me it's a magazine that's going out of business.
- 26:58Speaker 4: I think it's not much of a magazine.
- 27:00Speaker 1: But I know nothing about it.
- 27:02Speaker 2: Yes, except that taking the athletic fair enough. We will
- 27:07Speaker 2: see where all that ends up. Tim. Good luck getting
- 27:09Speaker 2: through it all this evening and this afternoon, and we'll
- 27:12Speaker 2: catch up with you later in the week.
- 27:14Speaker 9: Good any mate, Thank you.
- 27:17Speaker 2: Yeah, we'll get back into the budget after this break.
- 27:19Speaker 2: I'll get some pre budget economic analysis from pre Deep
- 27:22Speaker 2: Philip from Deloitte. Let's get some more insights now into
- 27:30Speaker 2: what we should be looking for in tonight's federal budget.
- 27:32Speaker 2: I'm joined by Pep Philip, who's a lead partner at
- 27:35Speaker 2: Deloitte Access Economics. He joins us live from Parliament House, Canberra.
- 27:39Speaker 2: Good to speak to you again, Pre Deep. Is spending
- 27:43Speaker 2: the issue here? We've seen so much additional spending announced
- 27:46Speaker 2: by Labor already this year and with the election just
- 27:50Speaker 2: weeks away, do we expect to see more? And what
- 27:53Speaker 2: do you think of that? Oh?
- 27:57Speaker 18: Look, this is definitely a very complish environment in which
- 28:01Speaker 18: to deliver a budget. We see these geopolitical shifts taking place.
- 28:05Speaker 18: We've got a gloomier global outlook because volatility, uncertaintys going
- 28:10Speaker 18: through the roof, and so this is a tough time
- 28:12Speaker 18: to deliver a budget. And so far, yes, there have
- 28:14Speaker 18: been some spending announcements, but probably not as great as
- 28:19Speaker 18: what we might have expected, and so it's really important
- 28:23Speaker 18: as we go into this budget. We've got kind of
- 28:25Speaker 18: four things we're going to look for. One is is
- 28:28Speaker 18: this going to be inflationary, Probably not so much in
- 28:31Speaker 18: this budget, but over the next six weeks when there's
- 28:33Speaker 18: an election campaign. We want to make sure that there's
- 28:35Speaker 18: not a big cash splash that's going to get the
- 28:37Speaker 18: attention to reserve back. The second is how does this
- 28:40Speaker 18: budget balance a short run versus the long run?
- 28:43Speaker 2: You know there'll be.
- 28:43Speaker 18: Cost of living things today, but are we setting ourselves
- 28:46Speaker 18: up for the future. And related to that as a
- 28:48Speaker 18: third point is will the budget create the environment that
- 28:51Speaker 18: incentivizes businesses to go out and invest and for new
- 28:55Speaker 18: businesses to get started? And the fourth is will the
- 28:58Speaker 18: budget improve our social compount or take away from it?
- 29:01Speaker 18: So it's not just about spending, it's about the quality
- 29:05Speaker 18: of the spending, but it's also importantly how do we
- 29:07Speaker 18: pay for all of these things, not just with savings
- 29:10Speaker 18: but also with a modern, equitable and efficient tax system.
- 29:14Speaker 4: Yeah.
- 29:14Speaker 2: Well, we've seen so much waste in spending already, so
- 29:18Speaker 2: much low quality spending from all governments over such a
- 29:21Speaker 2: long period, that I don't think we can have a
- 29:23Speaker 2: lot of confidence in the quality of the spend. What
- 29:26Speaker 2: intrigues me prettyep is that you alluded to the election campaign.
- 29:31Speaker 2: The election will be called possibly this weekend or the
- 29:33Speaker 2: weekend after, so we'll be straight into it. Labor won't
- 29:36Speaker 2: want to announce everything that's going to release in the
- 29:39Speaker 2: election campaign. How will they cover for that in the budget?
- 29:42Speaker 2: Will there just be a pool of money that is
- 29:44Speaker 2: identified there for.
- 29:47Speaker 1: Yet to be announced initiatives.
- 29:50Speaker 4: Yeah.
- 29:51Speaker 18: Look, and this is something that you know, both sides
- 29:55Speaker 18: do on a regular basis in which we want to
- 29:57Speaker 18: climb put an end to There are these There's a
- 30:00Speaker 18: category called decisions taken but not announced and in the
- 30:03Speaker 18: past but used to be used very very carefully for
- 30:08Speaker 18: perhaps things are about national security or really confidential things.
- 30:12Speaker 18: Now it's become by both parties the place where you
- 30:16Speaker 18: put money aside. It's in the budget, not announced, and
- 30:19Speaker 18: then during a campaign you can announce it and it
- 30:21Speaker 18: has no impact on the bottom line. And the second
- 30:23Speaker 18: area is something called contingency reserve, where sometimes people are
- 30:28Speaker 18: stashed some cash away to be able to release later
- 30:32Speaker 18: on what we actually do need to do. And I
- 30:35Speaker 18: know it's not a really sexy topic at all, but
- 30:37Speaker 18: we have to get better integrity into the budget system
- 30:41Speaker 18: itself going forward. We've got these decisions that are taken
- 30:45Speaker 18: but not announced, there's contingency reserve, and then there are
- 30:49Speaker 18: these off budget measures and they're not bad in themselves,
- 30:53Speaker 18: but the way they used is a great for transparency
- 30:57Speaker 18: of the budget.
- 30:57Speaker 2: Yeah, and as I said at the outset of this program,
- 31:00Speaker 2: it's all more about politics than economics of these moves
- 31:03Speaker 2: and we've got to get back to the economic fundamentals.
- 31:05Speaker 2: Let's just have a quick look at what Anthony Alberdez
- 31:08Speaker 2: he had to say in Parliament today.
- 31:10Speaker 3: Budget that helps every Australian with cost of living, which
- 31:15Speaker 3: remains our top priority. Because of the hard work that
- 31:19Speaker 3: we have done the Australian people, our economy is turning
- 31:23Speaker 3: the corner. Inflation is down, wages are up, unemployment is low,
- 31:28Speaker 3: interest rates have started to fall.
- 31:31Speaker 1: Yeah, it makes it also sound so grand.
- 31:34Speaker 2: At the moment, as you mentioned, Pritty, we are facing
- 31:36Speaker 2: pretty turbulent times as a trade exposed nation. Especially the
- 31:40Speaker 2: tariff wars erupting out of Washington are going to be
- 31:43Speaker 2: pretty critical for us. But I'm interested in this cost
- 31:45Speaker 2: of living aspect because the idea of reducing our cost
- 31:49Speaker 2: of living is reducing the inputs that is inflation and
- 31:53Speaker 2: especially in this country, electricity prices and the idea of
- 31:56Speaker 2: spending additional money to compensate for the prices they have
- 32:00Speaker 2: me out of cut empowered. It does my head in
- 32:04Speaker 2: we have to have a fundamental attack in this country.
- 32:07Speaker 2: Don't we to get electricity prices down. Apart from crushing families,
- 32:12Speaker 2: they not only hurt small business terribly, but they're sending
- 32:17Speaker 2: larger manufacturers and the like, they're sending their investments overseas.
- 32:23Speaker 18: Look, Chris, energy prices are really critical for economic growth,
- 32:28Speaker 18: and the reality is we've actually been in a transition period.
- 32:31Speaker 18: We're trying to get more renewables into the system because
- 32:34Speaker 18: we're trying to create a production system that is of
- 32:37Speaker 18: lower emissions intensity. But that isn't easy to do, and
- 32:40Speaker 18: they're going to be ups and downs. There's going to
- 32:42Speaker 18: be a lot of wobbles along and you can minimize
- 32:44Speaker 18: the cost you forget the design of this right. And
- 32:47Speaker 18: the reality is we're in the middle of a transition
- 32:50Speaker 18: period that is structural in nature, and so you don't
- 32:54Speaker 18: begrudge a bit of cost of living relief here and there,
- 32:57Speaker 18: but there are other things we can do to have
- 32:59Speaker 18: a more coordinated transition period that allows the cost of
- 33:03Speaker 18: living to be minimized. And the reality is you've got
- 33:06Speaker 18: to do that cost of living in the short term,
- 33:08Speaker 18: but balanced out by actually having more reforms that build
- 33:12Speaker 18: in structurally lower energy prices in the economy going forward,
- 33:17Speaker 18: and that is generally moving towards more renewables in the
- 33:21Speaker 18: system longer term, because that is cheaper than what we've
- 33:25Speaker 18: got of them.
- 33:26Speaker 2: Yes, so they say, finding out, no other country in
- 33:28Speaker 2: the world's even trying to do it. That's how difficult
- 33:31Speaker 2: it is. Thanks for joining us. I appreciate it, predict
- 33:34Speaker 2: Philip there from Deloitte Access Economics. We're just killing ourselves
- 33:37Speaker 2: on this energy stuff. It's not helping the global environment.
- 33:40Speaker 2: Therefore there's no reason to do it. But we're making
- 33:43Speaker 2: our own electricity too expensive and unreliable, extraordinary stuff. Not
- 33:49Speaker 2: one other country in the world even attempting to do this,
- 33:52Speaker 2: and they know that what us fail and then they'll
- 33:55Speaker 2: continue on their merry way.
- 33:56Speaker 1: We've going to take a break on the other side.
- 33:58Speaker 2: More on this plan for the Brisbane Olympics in twenty
- 34:01Speaker 2: thirty two, or catch up with a Great Australian John Bertrand,
- 34:04Speaker 2: the Olympian and former Swimming Australian President, to assess the
- 34:08Speaker 2: plans Well, Queensland Premier David Chris fully today confirmed the state's.
- 34:16Speaker 1: Worst kept secret.
- 34:17Speaker 2: Brisbane will get a new stadium which will act as
- 34:21Speaker 2: the centerpiece for the twenty thirty two Olympic Games.
- 34:25Speaker 13: There'll also be an exciting new sports and entertainment precinct
- 34:28Speaker 13: in the heart of Brisbane where Victoria Park will become
- 34:31Speaker 13: home to Brisbane Stadium designed to attract world class events.
- 34:36Speaker 13: The Centenary Pool will be transformed to become our National
- 34:39Speaker 13: Aquatic Center with more than twenty five thousand seats and
- 34:42Speaker 13: multiple pools, ready to host international competitions and train the
- 34:46Speaker 13: next generation of champions.
- 34:49Speaker 2: And here's the Premier speaking about all this this afternoon.
- 34:53Speaker 7: It became a choice between spending billions on temporary facilities
- 34:57Speaker 7: and temporary stands that delivered no lesgacy or securing the
- 35:01Speaker 7: future of AFL and cricket at a new home. It
- 35:05Speaker 7: became a choice between delivering a games with an eye
- 35:09Speaker 7: to the future or rewinding the clock for decades. In
- 35:15Speaker 7: the end, the choice was clear, the Games must be
- 35:17Speaker 7: held at a new stadium at Victoria Park.
- 35:20Speaker 2: Well, let's get an assessment of all this from John Bertran.
- 35:23Speaker 2: Of course, former Skipper of Australia to Olympian as well,
- 35:26Speaker 2: and former Swimming Australian president joins us live from Melbourne.
- 35:31Speaker 1: Good to speak to you again.
- 35:32Speaker 2: Genre right off the top, what do you make of
- 35:36Speaker 2: the plan of venues outlined today by the Queensland Premier.
- 35:41Speaker 10: Well, it's a pragmatic solution, I think to a pretty
- 35:44Speaker 10: complex matrix of options that they had and it comes
- 35:49Speaker 10: down to how much money. You know, we say within
- 35:50Speaker 10: the world of the America's Cup, no cash, no splash.
- 35:54Speaker 10: You know, you've got to be able to make stuff
- 35:56Speaker 10: happen with the amount of money that you've got. I
- 35:59Speaker 10: liked look, I very much like the new Stadium, the
- 36:04Speaker 10: new National Aquatics clearly, you know, close to my heart
- 36:07Speaker 10: being from a president of Swimming Australia, the new Aquatics Center.
- 36:11Speaker 10: But those legacy facilities are very very important. And you know,
- 36:16Speaker 10: the fact is the Olympic Games is the biggest show
- 36:19Speaker 10: in the world and this is an opportunity for not
- 36:22Speaker 10: only Brisbane but but for Australia to show a voice
- 36:26Speaker 10: to the world as well as internally to excite a
- 36:30Speaker 10: new generation of young Australians to give it a crack.
- 36:34Speaker 10: So you know, generally, I think the solution that's rolled
- 36:37Speaker 10: out is good and they've got to get on with it.
- 36:40Speaker 10: You know, there's not a lot of time they've got
- 36:41Speaker 10: to start building this, all these facilities exactly.
- 36:44Speaker 1: They have got enough time.
- 36:45Speaker 2: It would have been better if they started already, but
- 36:47Speaker 2: they need to get cracking on.
- 36:49Speaker 1: I'll come back to swimming in a moment.
- 36:50Speaker 2: But the stadium is the big controversy and to me
- 36:53Speaker 2: that's the big winner though because as of mel Bernie
- 36:56Speaker 2: and you'll know what it's like to have footy and
- 36:58Speaker 2: cricket at the mcg close of the city. Adelaide and
- 37:01Speaker 2: Perth get that now as well, and you have other
- 37:03Speaker 2: major events.
- 37:04Speaker 1: And concerts there.
- 37:06Speaker 2: It really does great things for sport and the city
- 37:09Speaker 2: to have that universal stadium close to the heart of
- 37:12Speaker 2: the city. Does it long term?
- 37:15Speaker 10: Yes, as they say, build facilities and people come, build
- 37:19Speaker 10: great facilities, and we see that over in Perth for example,
- 37:22Speaker 10: where the Optus Stadium. And yes, you're right in you
- 37:26Speaker 10: Adelaide's been fired up with the way they've done the
- 37:29Speaker 10: Adelaide Oval and the facilities around it and the restaurants
- 37:32Speaker 10: and so on, and it's a go to place now.
- 37:34Speaker 10: Adelaide's really I'm doing very very well. So I think
- 37:37Speaker 10: again building again what we call the Legacy facility in
- 37:41Speaker 10: Brisbane close to the CBD, which is a big, big deal.
- 37:46Speaker 10: To be able to have even real estate, to be
- 37:48Speaker 10: able to do that is a long term win for
- 37:51Speaker 10: obviously for the city of Brisbane.
- 37:53Speaker 2: Absolutely. Now with swimming, there was talk about another proposal,
- 37:56Speaker 2: another another Greenfield's propos really, but I've gone with the
- 38:01Speaker 2: Centenary Pool, turning that into a national swimming center. It
- 38:05Speaker 2: sounds like you're pretty happy with that planner. I think
- 38:08Speaker 2: a twenty five thousand seat main pool, but a series
- 38:11Speaker 2: of pools there.
- 38:14Speaker 10: I was talking to Robbie Woodhouse, who's the CEO of
- 38:16Speaker 10: Swimming Australia today, obviously getting his opinion on it. He's
- 38:20Speaker 10: over the moon. He thinks it's great. It's a great,
- 38:22Speaker 10: great opportunity to set the stage really in his words,
- 38:26Speaker 10: for the next fifty years of young people aspiring to
- 38:33Speaker 10: be higher, further and faster. You know, the Olympic idiot.
- 38:37Speaker 10: And this is a world class facility, not only swimming,
- 38:41Speaker 10: but you know we're talking about you know, the other
- 38:44Speaker 10: aquatic sports as well of course, and that's you know,
- 38:48Speaker 10: it bodes well. It's great and also interesting enough. We've
- 38:50Speaker 10: got the facilities up north with Sundays and Townsville for
- 38:56Speaker 10: sailing facilities and that will showcase the country to the world.
- 39:01Speaker 2: I wanted to finish on that. As an Olympic medalist
- 39:04Speaker 2: yourself in sailing, give us a sense of what would
- 39:07Speaker 2: we like to do Olympic levels sailing in the gorgeous
- 39:11Speaker 2: location of the Sundays and also give us a sense
- 39:14Speaker 2: of the vibe you think Queenstown will be able to deliver,
- 39:18Speaker 2: because I still remember, like it was yesterday, the friendliness
- 39:21Speaker 2: and enthusiasm of Sydney, and I would have thought Queenslanders
- 39:25Speaker 2: could just about top that.
- 39:28Speaker 10: Well, you know this is this is not only for
- 39:31Speaker 10: this is not only for Brisbane and Queensland. It's for
- 39:34Speaker 10: the country and US Ozzies do it really well.
- 39:37Speaker 2: And yeah, you're right.
- 39:38Speaker 10: The Friendly Games, two thousand Olympics people are blown away.
- 39:43Speaker 10: I still remember, you know, getting on the train, the
- 39:45Speaker 10: megaphone saying it's only another hour, which is a joke
- 39:49Speaker 10: to get onto the train. You know, it's all part
- 39:50Speaker 10: of the hamming it up, Ossie style.
- 39:53Speaker 2: Yep.
- 39:53Speaker 10: You know the Americans were wondering what the hell was
- 39:56Speaker 10: going on.
- 39:56Speaker 2: It's fantastic and.
- 40:00Speaker 10: You know that's all part and pussle again. You know,
- 40:02Speaker 10: twenty thirty two wonderful, wonderful roadmap to get there, and
- 40:07Speaker 10: you know, these young people again, it's aspirational and around
- 40:12Speaker 10: this thing called sport, which really is part and past
- 40:15Speaker 10: of who we are as a nation. We have major
- 40:19Speaker 10: you know, we have major issues regarding integration with people
- 40:23Speaker 10: from around the world, and again, sport is a very
- 40:25Speaker 10: very important part of you know, bringing people together. So
- 40:28Speaker 10: I think, you know, good on what they've announced today
- 40:31Speaker 10: and I think, you know, let's just make this stuff happen.
- 40:34Speaker 2: Well said John, Thanks so much for joining us again.
- 40:38Speaker 10: My pleasure.
- 40:39Speaker 2: John bertrand the legitimateus Oussie legend giving his assessment and
- 40:43Speaker 2: what's going to happen up there in Brisbane. Bring it on.
- 40:45Speaker 2: I say, we're going to go to another break. On
- 40:47Speaker 2: the other side, we'll catch up with Steven Center Tampa
- 40:49Speaker 2: and Liza God I'll get through all the big issues
- 40:51Speaker 2: of the day, the budget included, plus Joe Biden back
- 40:53Speaker 2: in the Spotlight will show you in a moment. Great
- 41:00Speaker 2: panel tonight with Lisa Goddard standing in for Cusio Brian
- 41:03Speaker 2: who's in the budget lock up. Lisa joins us from Brisbane,
- 41:07Speaker 2: and of course Steven Senna Tiempo Radio two double co
- 41:10Speaker 2: host joins us from Canberra again inside Parliament House. Great
- 41:15Speaker 2: to see you both again, Lisa, I got to get your.
- 41:17Speaker 1: Thoughts first up.
- 41:18Speaker 2: This massive announcement really today will be just dominating everything
- 41:22Speaker 2: that's happening in Queensland at the moment.
- 41:25Speaker 1: I reckon it's a great move.
- 41:28Speaker 2: I'm a bit skeptical about the rowing up in the
- 41:31Speaker 2: Fitzroy River which has crocodiles in its lower riches, but
- 41:35Speaker 2: the whole setup in the new stadium looks fantastic. What's
- 41:38Speaker 2: your take and what's the response around Brisbane today?
- 41:43Speaker 5: Yeah, completely agree with you, Chris.
- 41:44Speaker 19: And look it's very much gone from Brisbane twenty thirty
- 41:47Speaker 19: two I think to Queensland twenty thirty two.
- 41:49Speaker 5: And if you listen to Chris A.
- 41:50Speaker 19: Fuley today and how he explained it, he is delivering
- 41:53Speaker 19: this across regional Queensland and bring everybody on board because
- 41:56Speaker 19: you know how much contempt there is from people es
- 41:58Speaker 19: particularly up in North Queensland, about money being sent spent
- 42:01Speaker 19: in Southeast Queensland.
- 42:02Speaker 5: So this way everyone is feeling the love.
- 42:04Speaker 19: He was very quick to defend the Rockhampton decision and says, look,
- 42:07Speaker 19: there are all kinds of people out there rowing on
- 42:09Speaker 19: that rib on the Pittroy River regularly, and I don't
- 42:12Speaker 19: think he's very worried.
- 42:13Speaker 5: About those crocodiles. But look, it makes a very good headline,
- 42:15Speaker 5: doesn't it.
- 42:15Speaker 2: It does. It gets all that excitement. Of course, then
- 42:18Speaker 2: they're doing it upstream away from any thread of crocodiles.
- 42:22Speaker 2: They're not idiots, but I think it's great. Imagine those
- 42:24Speaker 2: headlines around the world as we speak about, you know,
- 42:27Speaker 2: the Olympics in Australia with crocodiles and Stephen the other thing,
- 42:31Speaker 2: There's going to be so many great opportunities. You imagine
- 42:34Speaker 2: the vision of the beaches and all the rest in Queensland.
- 42:37Speaker 2: But can you imagine the Olympic sailing being broadcast around
- 42:40Speaker 2: the world from the wit Sundays. I mean they're going
- 42:43Speaker 2: to have to build a new airport there afterwards because
- 42:45Speaker 2: everyone I want to go there.
- 42:49Speaker 20: Magnificent and it's one of those great opportunities we have
- 42:51Speaker 20: in Australia as those beautiful backdrops we have. But when
- 42:53Speaker 20: it comes to the rowing, I think We're going to
- 42:54Speaker 20: see a lot of records broken. If the crops do
- 42:57Speaker 20: en crouch on the bit where they're doing the running,
- 42:59Speaker 20: I think they'll be rowing for their lives. But yeah, look,
- 43:01Speaker 20: great announcement. Having the Olympics in Australia is always fantastic.
- 43:05Speaker 20: I remember vividly spending time in Sydney while I lived
- 43:07Speaker 20: in Sydney during the two thousand Olympics and it brought
- 43:10Speaker 20: the city a life for two weeks.
- 43:11Speaker 2: Yeah, it was fantastic. I'm so excited for myself and
- 43:15Speaker 2: my children that they're going to get to experience the
- 43:18Speaker 2: Olympics in Australia.
- 43:19Speaker 1: It's going to be fantastic.
- 43:20Speaker 2: Let's bring the mood down though now and talk about
- 43:23Speaker 2: the budget. Let's kick off on energy. Here's what Chris
- 43:26Speaker 2: Bowen was saying today about energy in a.
- 43:29Speaker 21: Period where energy prices are elevated around the world. Yeah,
- 43:33Speaker 21: when energy, Government's got the backs of the Australian people
- 43:36Speaker 21: to help them through that period. And of course the
- 43:38Speaker 21: other thing we're doing is continuing with what the experts
- 43:42Speaker 21: say is the best play.
- 43:44Speaker 15: For the cheapest energy price is going forward.
- 43:48Speaker 2: Lisa, this does my head and this is the bloke
- 43:50Speaker 2: who promised to cut our bills by two seventy five
- 43:52Speaker 2: dollars a year.
- 43:54Speaker 1: They've gone up by three or four times that amount.
- 43:56Speaker 2: Now he's expecting gratitude because he's having to spend more
- 43:59Speaker 2: of our tax dollars to pay them back to us
- 44:02Speaker 2: to try and take the edge off those price hikes.
- 44:06Speaker 19: Yeah, so every decision he's making is hiking the prices up,
- 44:08Speaker 19: and then he's giving our own taxpayer dollars back to
- 44:10Speaker 19: us like Santa Claus to say, here you go, it's
- 44:12Speaker 19: all going to be much better for you. But tonight,
- 44:14Speaker 19: you've got three point four million households around this country
- 44:17Speaker 19: that are.
- 44:18Speaker 5: In food insecurity.
- 44:19Speaker 19: You've got more people than ever who are on hardship
- 44:21Speaker 19: payments for electricity, and yet you've got Bowen and the
- 44:24Speaker 19: rest of the labor government saying, well, we're going to
- 44:26Speaker 19: throw all this money out you and make it so
- 44:27Speaker 19: much better for you. It's not and lucky some of
- 44:30Speaker 19: them won't even have the money to actually put the
- 44:31Speaker 19: TV on tonight to even watch it if they could
- 44:33Speaker 19: be bothered.
- 44:34Speaker 1: It's just a shocker and Steven.
- 44:35Speaker 2: At the top of the show, I replayed Anthony Albanisi
- 44:39Speaker 2: from his home ground interview at Radio National this morning,
- 44:42Speaker 2: where he said debt had been cut under his watch,
- 44:46Speaker 2: Debt has gone up sixty billion dollars. It's going to
- 44:49Speaker 2: hit a trillion dollars. I think I misspoke and called
- 44:51Speaker 2: that a billion dollars with Tim Blair. Are trillion dollars
- 44:54Speaker 2: one thousand billion dollars soon. And yet he's trying to
- 44:57Speaker 2: pretend that's gone in the other direction.
- 45:01Speaker 1: Well, it's one of those things, isn't it.
- 45:03Speaker 20: That we've we inherited a situation coming off the back
- 45:05Speaker 20: of the pandemic that was not optimal because of we
- 45:08Speaker 20: had this extraordinary event that happened.
- 45:10Speaker 2: Some things have.
- 45:11Speaker 20: Accidentally gone our way where we've been able to bring
- 45:13Speaker 20: in more revenue, so we can pretend that we've actually
- 45:15Speaker 20: managed the economy properly. Now that it's starting to tank
- 45:18Speaker 20: again because we don't have that extra money coming in,
- 45:20Speaker 20: we're going to pretend it's everybody else's fault, and we'll
- 45:22Speaker 20: pretend we've done such a good job, and we'll just
- 45:24Speaker 20: tell you what you want to hear. Look, this is
- 45:26Speaker 20: going to be, as I said a few weeks ago
- 45:28Speaker 20: on your program, Chris, this is going to be an
- 45:29Speaker 20: Oprah Winfrey budget. A billion dollars here, a billion dollars there.
- 45:32Speaker 20: Everybody gets a billion dollars, But it's our money that
- 45:34Speaker 20: they're giving back to us. And with these energy rebates,
- 45:38Speaker 20: it's more even more insidious, and that in the way
- 45:40Speaker 20: they've done it, they've made it look like it's not
- 45:41Speaker 20: affecting inflation when it actually is.
- 45:43Speaker 1: But it makes their figures look good.
- 45:45Speaker 20: And as we all know, the official figures don't tell
- 45:47Speaker 20: the story about what's happening on the street.
- 45:49Speaker 2: Yeah, it is a hell of a worry. And the
- 45:51Speaker 2: real concern is this sort of con this sort of
- 45:54Speaker 2: opera Winfrey con as you say, we'll get them over
- 45:57Speaker 2: the line in the election in six or seven weeks.
- 46:00Speaker 1: They're really treating people like market. What I loved, yeah, Lisa, what.
- 46:04Speaker 19: I loved was that you've got charmers out there saying
- 46:06Speaker 19: it's a rare opportunity to put the economy back front
- 46:09Speaker 19: and center.
- 46:10Speaker 5: Well, here's the newsplash for your treasurer.
- 46:11Speaker 19: The economy and how hard people are doing it out
- 46:13Speaker 19: there has been front and center for many years.
- 46:15Speaker 5: We don't need tonight's budget to tell us that.
- 46:17Speaker 1: Yeah, exactly, a good point. No one needs to remind
- 46:20Speaker 1: hi about the cost of live in economies.
- 46:22Speaker 2: His job. Yeah, yeah, well he's a spectator really, just
- 46:25Speaker 2: he just watches it all unfold.
- 46:26Speaker 1: Now I was speaking of spectatoring.
- 46:28Speaker 2: I want to have a quick look at AMP. They
- 46:30Speaker 2: got a lot of people working from home, as most
- 46:32Speaker 2: big organizations do. They're having to promise them Stephen that
- 46:35Speaker 2: they're not filming them.
- 46:36Speaker 1: While they're while they're at work.
- 46:38Speaker 2: There are reports they might film them, but surely there
- 46:40Speaker 2: are all these work computers. They're keeping a pretty close
- 46:43Speaker 2: eye on.
- 46:44Speaker 1: The hours on the keyboard, if you like.
- 46:49Speaker 20: I think they should have come out and explicitly said
- 46:51Speaker 20: we are filming everybody.
- 46:52Speaker 2: That would have been a.
- 46:52Speaker 20: Guaranteed way of getting people back to the office. And
- 46:55Speaker 20: now I'm thinking the government should actually do it in
- 46:56Speaker 20: the public service because that'll get all the public servants
- 46:59Speaker 20: back to work, that's for sure.
- 47:00Speaker 1: Well that's a good point.
- 47:02Speaker 2: But the trouble is if they said they were going
- 47:03Speaker 2: to film their workers working from home, they would have
- 47:06Speaker 2: had to have go pros down at the beach and
- 47:08Speaker 2: down at the park and everywhere else. Their workers are
- 47:10Speaker 2: scattered during the day. What do you think about did
- 47:15Speaker 2: you bake backgrounds? Do you think this debate's playing out
- 47:19Speaker 2: all right for the coalition Lisa that's saying that the
- 47:22Speaker 2: public servants need to get back to the office. Or
- 47:24Speaker 2: is this sort of backlash suggesting you're against workplace flexibility
- 47:28Speaker 2: and mum's working from home. Is that winning the day?
- 47:33Speaker 19: Well, see my view on this is I run a
- 47:35Speaker 19: small business, so I know what it's like to have
- 47:37Speaker 19: staff in the office.
- 47:38Speaker 5: I know you have to be.
- 47:39Speaker 19: Flexible and allow that when the children are sickt whatever
- 47:41Speaker 19: is happening. You allow some hybrid working, but I don't
- 47:44Speaker 19: think you should go as far as filming or videoing
- 47:47Speaker 19: to people when they're at home.
- 47:47Speaker 5: In their office. But here's what sticks with me when
- 47:49Speaker 5: I read this story.
- 47:50Speaker 19: As an employer, I have a responsibility, through workplace health
- 47:53Speaker 19: and safety to make sure their home office is a
- 47:56Speaker 19: safe place now once they're working from home. Trip hazards
- 48:00Speaker 19: has it a material, your name it, The list is
- 48:01Speaker 19: as long as your arm.
- 48:02Speaker 5: That's just another onerous.
- 48:04Speaker 19: Obligation on me, as a small business owner, or as
- 48:07Speaker 19: any employer, be at the government, be it a business owner,
- 48:11Speaker 19: manage these.
- 48:11Speaker 5: People who are working remotely. It's cost extra burden.
- 48:14Speaker 2: It's another one of those hr things we have to
- 48:16Speaker 2: do here to fill out that you actually understand that
- 48:19Speaker 2: he has probably not good to work in your house
- 48:21Speaker 2: if it's on false economic but it's full of rattlesnakes,
- 48:24Speaker 2: you know, honestly, Just very quickly, I want to show
- 48:27Speaker 2: you this video. This is from Broadway. Backstage at Broadway,
- 48:30Speaker 2: I believe our latest production of a Fellow And look
- 48:33Speaker 2: at that man there.
- 48:34Speaker 1: That is the former President of the United States.
- 48:37Speaker 2: Joe Biden. I don't think he does anything interesting. I
- 48:40Speaker 2: don't think he falls asleep. I don't think he says anything.
- 48:42Speaker 2: But it's proof of life. We haven't seen much of
- 48:44Speaker 2: him since he left the White House. Joe Biden actually
- 48:47Speaker 2: getting out in about again. Thanks for joining us, Stephen
- 48:50Speaker 2: and Lisa. I really appreciate it and enjoy budget night
- 48:53Speaker 2: ahead that is all the time. Just for a couple
- 48:56Speaker 2: of bits of feedback from that video I showed you
- 48:58Speaker 2: from that Muslim influencer giving a horrible take on Australian history,
- 49:03Speaker 2: and one of the viewers there says influencers.
- 49:06Speaker 1: Have become a major nuisance.
- 49:07Speaker 2: If they were all demonetized, they'd be forced to go
- 49:11Speaker 2: and work for their money. And Phillips says, what a
- 49:13Speaker 2: load of Kroc.
- 49:15Speaker 1: Yes spot on Phillips if what's a load of Croc?
- 49:17Speaker 1: That's why we shared it with you.
- 49:18Speaker 2: Thanks for watching, Stay tuned for all the budget coverage tonight.
- 49:21Speaker 2: I'll be back will the analysis tomorrow at five. Cheers.