Latest / Credlin / Credlin | 16 September

Transcript

Credlin | 16 September · Credlin

0:02
Speaker 1: Peter Krandlin live on Sky News Australia.
0:08
Speaker 2: Well from one very busy Chris Kenny to a very
0:10
Speaker 2: busy petty Credline. Here's what's coming up tonight on the program.
0:13
Speaker 2: As they say, the devil's in the detail, and when
0:15
Speaker 2: it comes to Chris Bowen's climate risk assessment, the detail
0:19
Speaker 2: is dubious at best. But won't hopes most Australians will
0:22
Speaker 2: just see the headlines of doom and gloom. But tonight
0:25
Speaker 2: I'll take you through the reality, not Labour's spin. While
0:30
Speaker 2: the world continues to come the terms two with the
0:32
Speaker 2: assassination of Charlie Kirk, I want to pick up on
0:35
Speaker 2: something that's largely gone overlooked and unreported, and that's the
0:38
Speaker 2: role of foreign interference and the immediate online aftermath. Yes,
0:44
Speaker 2: a lot of repugnant behavior on the left, but you
0:47
Speaker 2: can overlook the role that China and Russia have played here.
0:51
Speaker 2: I'll explained in a moment. Plus, there's been some massive
0:54
Speaker 2: news overnight out of the UK with the seniatory MP
0:57
Speaker 2: defecting to Nigel Farage Reform Party. And this bloke is
1:02
Speaker 2: one of the most substantial politicians of his generations. So
1:05
Speaker 2: I think this is a real game change for reform
1:09
Speaker 2: and to me it's the clearest sign they can really win.
1:14
Speaker 2: And the battle over net zero has opened up with
1:17
Speaker 2: more inside the coalition, more senior Mpece going public saying
1:21
Speaker 2: they simply cannot abide this crippling policy.
1:26
Speaker 3: That leaves me that a job.
1:27
Speaker 4: I've nailed my colors to the mask, Gary like if
1:29
Speaker 4: I go out with the tide in two and a
1:30
Speaker 4: half years, that's great. My primary mission in politics is
1:34
Speaker 4: to build a stronger, more secure, more competitive Australia. Energy
1:38
Speaker 4: security is a vital input to that.
1:41
Speaker 2: We're going to stay with this issue because in what
1:43
Speaker 2: was clearly a softening up bid for Labour's next round
1:46
Speaker 2: of climbing targets as early as Friday, Chris bow and
1:50
Speaker 2: yesterday told us how terrible life would be if we
1:52
Speaker 2: didn't cut CO two emissions further and faster, just like
1:58
Speaker 2: poor old Tim Flannery did fifteen years ago when he
2:02
Speaker 2: said the dams would never fill again and that there'd
2:04
Speaker 2: big ghost cities because Australia would run out of water.
2:09
Speaker 5: Even the rain of falls isn't actually going to fill
2:11
Speaker 5: our dams and our river system.
2:15
Speaker 2: Now you might recall that Sydney, Melbourne and Brisbane all
2:18
Speaker 2: build multi billion dollar desalination plants and anticipation of this Cortross,
2:25
Speaker 2: I can't say it now. These are plants are mostly idle.
2:30
Speaker 2: The one in Melbourne, for example, it costs three point
2:33
Speaker 2: five billion dollars to build, with an annual cost of
2:36
Speaker 2: around six hundred million a year.
2:39
Speaker 6: Whether we need it or not. That's right.
2:42
Speaker 2: Thegest payments are contracted, meaning that over the thirty year
2:46
Speaker 2: life of Labour's deal, poor old taxpayers in Victoria and
2:50
Speaker 2: Shelly got at least twenty billion dollars in norminal terms.
2:54
Speaker 2: As I said, whether Melbourne needs de cell water or not. Now,
2:59
Speaker 2: leaving us that Bowen is peddling much of the same
3:02
Speaker 2: science that told us that COVID was the worst disease
3:05
Speaker 2: since the plague, and leaving a side that many scientists
3:08
Speaker 2: think that mankind's CO two contribution is far from the
3:13
Speaker 2: main driver of climate change. Leaving aside too that we've
3:17
Speaker 2: heard all of these doomsday predictions many, many times over.
3:22
Speaker 2: Let's suppose we do do all that Bowen and labor
3:26
Speaker 2: tell us we need to do. Let's suppose we adopt
3:30
Speaker 2: the anticipated new twenty thirty five targets to reduce our
3:34
Speaker 2: emissions by between sixty five and seventy five percent by
3:38
Speaker 2: twenty thirty five.
3:40
Speaker 6: This is over and above.
3:41
Speaker 2: Of course, the forty three percent reductions were supposed to
3:45
Speaker 2: be achieving by twenty thirty so in just five years time.
3:49
Speaker 2: But that we will not. So let's assume we go
3:53
Speaker 2: ahead with Bowen's plan.
3:55
Speaker 6: What will happen?
3:57
Speaker 2: Well, we're stupid enough to do exactly what every other
4:01
Speaker 2: country is not doing.
4:04
Speaker 6: Here's some of the results. The starters.
4:07
Speaker 2: The fossil fueled power that's still sixty percent of our
4:11
Speaker 2: energy will have to completely disappear. That's right, the majority
4:17
Speaker 2: source of our daily power gone, with no base load backup,
4:21
Speaker 2: no gas, no coal for generation at night or when
4:25
Speaker 2: the wind is low. Now, that will mean an immediate
4:28
Speaker 2: increase in your power bill of many hundreds of.
4:30
Speaker 6: Billions of dollars.
4:32
Speaker 2: What else, All of our heavy industry like steel and
4:35
Speaker 2: aluminium and smelting would be forced off shore the countries
4:39
Speaker 2: that are less fasteadious about climate targets but are more
4:43
Speaker 2: serious about industrial strength. So that's all gone gone, and
4:48
Speaker 2: that's non negotiable, and with it goes all the jobs
4:52
Speaker 2: that people have in these sectors. There also goes to
4:55
Speaker 2: our sovereign manufacturing capability. What else, or my sto all
5:01
Speaker 2: of our motor vehicles would have to become electric, even
5:05
Speaker 2: though many homes don't have and can't have charging points
5:09
Speaker 2: and they're expensive to install. For those that can now
5:13
Speaker 2: include here trucks, business vehicles, fire trucks, ambulances, trains.
5:20
Speaker 6: Or just motor cars. A whole box and dice.
5:23
Speaker 2: What else daily meat consumption that would be a thing
5:27
Speaker 2: of the past. Given ruminant animals ninety percent of agricultural emissions,
5:33
Speaker 2: so beef, lamb, dairy, All of that would be a
5:35
Speaker 2: rare luxury, both in terms of price and availability, and
5:39
Speaker 2: if the herd is cut dramatically, so to all the
5:43
Speaker 2: jobs in agriculture and the massive export earnings that underpin
5:48
Speaker 2: our federal budget. And it's not just the herd that
5:52
Speaker 2: would also be here, but Australia's crop production given gas
5:57
Speaker 2: is the feedstock for most th laser production. Again, I repeat,
6:02
Speaker 2: this is not just a hit to what we eat,
6:06
Speaker 2: but the billions and billions that agriculture brings into our budget.
6:12
Speaker 2: Getting around Australia too, or that will become near impossible,
6:16
Speaker 2: not just with short range electric cars, but also the
6:20
Speaker 2: significant reductions negative airline travel given the weight of aviation
6:26
Speaker 2: in transport emissions. And out of all this, China would
6:31
Speaker 2: just get richer given our heavy dependence on them as
6:35
Speaker 2: the source of eighty percent of the world's solar panels,
6:39
Speaker 2: when turbines and now batteries. So if we do what
6:43
Speaker 2: Chris Bowen says we must, the net result is we
6:48
Speaker 2: become poorer, weaker, and more vulnerable. For what Australia is
6:56
Speaker 2: about one percent of global emissions.
6:59
Speaker 6: And if we don't were.
7:00
Speaker 2: To do the impossible, and let's say cut our emissions
7:03
Speaker 2: to zero, not just reduce them, let's assume overnight we
7:07
Speaker 2: basically shut the country down. Well, that reduction would be
7:11
Speaker 2: swallowed up within just one year by the annual increase
7:16
Speaker 2: in China's emissions alone.
7:20
Speaker 6: This is madness, isn't it. But let's assume big assumption.
7:24
Speaker 2: I know that Chris Bowen is right about the dire
7:27
Speaker 2: consequences of increasing global emissions because we can't keep a
7:32
Speaker 2: fence and build it out our border and hold back
7:36
Speaker 2: China's emissions, or Russia's emissions, or India's emissions. The result
7:41
Speaker 2: of our self flagellation on climate change for the world
7:46
Speaker 2: would be a great, big fat zero zip, something that
7:51
Speaker 2: even Australias chief scientists himself, a climate zealot, admitted as
7:55
Speaker 2: much in Center Estimates a few years back.
7:58
Speaker 6: When asked what would be.
8:00
Speaker 2: The impact of all of Australian's action on climate, he said, well,
8:05
Speaker 2: virtually nothing.
8:06
Speaker 7: Here he is, if we reduce the world's carbon emissions
8:11
Speaker 7: by one point three percent, what impact would that have
8:16
Speaker 7: on the changing climate of the world.
8:17
Speaker 8: Virtually nothing.
8:22
Speaker 2: So here's the real climate reality that no politician in
8:25
Speaker 2: this country really wants to face China, India and Russia
8:29
Speaker 2: or they have never committed to net zero by twenty
8:32
Speaker 2: fifty and now Donald Trump's America is out once again too.
8:37
Speaker 2: So with the four biggest emitters doing whatever it takes
8:42
Speaker 2: to make their economy strong, not what it takes to
8:46
Speaker 2: make their emissions low, why should we be doing anything
8:50
Speaker 2: on emissions at all? Why convinced me by all means,
8:58
Speaker 2: if the clowns in camera want to have an aspiration,
9:01
Speaker 2: knock yourselves out. Have an aspiration. But there must be
9:05
Speaker 2: a caveat that we don't move an inch until those
9:10
Speaker 2: big four emitters move first. That we do nothing unless
9:15
Speaker 2: we see real and demonstrable results, results, not talk from China, India,
9:22
Speaker 2: Russia in the United States. And if that doesn't happen,
9:27
Speaker 2: which let's be honest, it won't, then we must put
9:30
Speaker 2: further emissions reductions on hold until it's no longer a
9:34
Speaker 2: futile green gesture from BIT players like Australia. Now, on
9:40
Speaker 2: that topic, the argument should not be what's best for
9:43
Speaker 2: the planet in twenty five years time. It should be
9:46
Speaker 2: what's best for Australia now, what's best for our citizens
9:52
Speaker 2: and their cost of living, what's best for our federal
9:54
Speaker 2: budget and all the spending that labor love to have,
9:57
Speaker 2: and all the goodies that Australians have got absolutely locked
10:00
Speaker 2: into enjoying. And also what's best for our ability to
10:04
Speaker 2: have to defend ourselves if needed. This is what keeps
10:08
Speaker 2: me awake till that night, after all these years in
10:11
Speaker 2: public policy, I look to the trouble in our north.
10:15
Speaker 2: That's what I worry about our geo political position, not
10:19
Speaker 2: whether or not the world's going to get to net
10:21
Speaker 2: zero by twenty fifty or whether it's going to get warmer.
10:26
Speaker 2: Questioning that zero has become a matter of whether you
10:28
Speaker 2: believe or not in climate change rather than challenging the
10:32
Speaker 2: economics of some of these ridiculous absumptions. The Coalition used
10:37
Speaker 2: to be strong on economics, but it's allowed climate talk
10:41
Speaker 2: to spook them into silence.
10:42
Speaker 6: Now that's got to change.
10:44
Speaker 2: The Leberals must oppose all of Chris Bone's new targets
10:47
Speaker 2: because the current ones or they won't and can't be met.
10:52
Speaker 2: And everything should be predicated, every bit of extra climate
10:56
Speaker 2: policy change should be predicated in Australia on the rest
11:01
Speaker 2: of the world. Those big emitters moving first, do that,
11:06
Speaker 2: and I reckon for the Liberals, they'll go a whole
11:09
Speaker 2: lot better than that twenty seven percent news poll yesterday.
11:16
Speaker 2: All right, let's go to Cavern now for the headlines.
11:18
Speaker 2: Scotts clicker reporter Cam Reddin.
11:22
Speaker 9: Good evening. In a little under three months, Australia's social
11:25
Speaker 9: media age limit will come into effect, and in preparation
11:28
Speaker 9: for that, the government has laid out its expectations for
11:31
Speaker 9: the tech giants.
11:33
Speaker 10: Platforms must take reasonable steps to detect and deactivate underage accounts,
11:38
Speaker 10: to prevent reregistration l CIR convention, and to provide an
11:42
Speaker 10: accessible complaints process for their users. We know the platforms
11:47
Speaker 10: have the capability.
11:48
Speaker 5: To do this.
11:49
Speaker 4: Facial idea is used to open a range of mission
11:52
Speaker 4: critical services today, including accessing our bank accounts.
11:56
Speaker 9: The Prime Minister will host an event at the United
11:59
Speaker 9: Nations in US York next week where he'll encourage other
12:02
Speaker 9: countries to adopt similar measures.
12:04
Speaker 11: Their decision by the European Union to follow Australia's leadership
12:09
Speaker 11: there is very significant.
12:11
Speaker 9: Indeed, Liberal frontbencher Andrew Hasty says he'd be forced to
12:15
Speaker 9: resign if the Coalition decides to back net zero without
12:19
Speaker 9: a caveat.
12:20
Speaker 4: I've nailed my colors to the market. If I go
12:22
Speaker 4: out with the tide in two and a half years,
12:23
Speaker 4: that's great. You know, I'll get a lot more time
12:25
Speaker 4: with my kids back. My primary mission in politics is
12:29
Speaker 4: to build a stronger, more secure, more competitive Australia. Energy
12:33
Speaker 4: security is a vital input to that.
12:35
Speaker 12: Net zero at any cost is something that only stupid
12:39
Speaker 12: people would pursue.
12:40
Speaker 9: As the Coalition grapples with its position, the government is
12:43
Speaker 9: preparing to release its twenty thirty five climate target by
12:47
Speaker 9: the end of the week. Cameron Reddin's Sky News Canberra.
12:54
Speaker 2: Well another chaotic day for the coalition. Joining of our
12:56
Speaker 2: Sky's political editor Andrew clanell Well, I got to say
13:00
Speaker 2: I start with those comments Andrew from Andrew Hasty, which
13:04
Speaker 2: I've reignited the battle over net and zero. Let's have
13:06
Speaker 2: a listen again.
13:08
Speaker 4: If Susan Lee, though supports net zero by twenty fifty,
13:12
Speaker 4: where does that leave you?
13:14
Speaker 5: That leaves me that a job gone elaborate on that.
13:17
Speaker 4: That would be it for you. As I've nailed my color,
13:21
Speaker 4: I've nailed my colors to the mask. Gary, like, if
13:23
Speaker 4: I go over with the Tide in two and a
13:24
Speaker 4: half years, that's great. You know, I'll get a lot
13:27
Speaker 4: more time with my kids back. My primary mission in
13:30
Speaker 4: politics is to build a stronger, more secure, more competitive Australia.
13:34
Speaker 4: Energy security is a vital input to that. So that's
13:37
Speaker 4: my bottom line. Have you want to fight for a
13:39
Speaker 4: better deal for my state, for my country?
13:43
Speaker 6: Now?
13:43
Speaker 2: Hasty is no rank outsider, and I think like a
13:46
Speaker 2: good soldier, he's gone over the parapet and now that's
13:48
Speaker 2: prompted others to feel like there's a bit of cover
13:50
Speaker 2: to speak their mind. John o'donnem Yes, he's in shadow cabinet,
13:54
Speaker 2: but is also of course the former shadow Environment Minister.
13:59
Speaker 12: Have a listened to him, Look, if we just said
14:02
Speaker 12: net zero at any cost by twenty fifty, I think
14:04
Speaker 12: you'd find there'd be a mass exodus. The reality is
14:07
Speaker 12: that most of you are members of our front bench,
14:10
Speaker 12: and indeed most of the members of our party room
14:12
Speaker 12: are interested in making sure that whatever we do, if
14:16
Speaker 12: it is to retain a net zero by twenty fifty,
14:18
Speaker 12: doesn't come at whatever the cost might be. Unlimited cost.
14:22
Speaker 12: Net zero at any cost is something that only stupid
14:25
Speaker 12: people would pursue.
14:26
Speaker 2: Frankly, mate, they're not going to be able to have
14:31
Speaker 2: a review for twelve months on. They're going to have
14:34
Speaker 2: to land a position this side of Christmas.
14:37
Speaker 1: Oh, absolutely no question about it. And look, I don't
14:42
Speaker 1: worry about the Libs and that's never going to support
14:44
Speaker 1: net zero by twenty fifty. So that seems to ty
14:48
Speaker 1: Susan Lee's hands to me in terms of moving away
14:51
Speaker 1: from the target, because how can what you want to
14:55
Speaker 1: coalition split again? Having said that, I mean even James
14:59
Speaker 1: Patterson came on with and said I need to look
15:01
Speaker 1: at this through a political prism as well. He's from
15:03
Speaker 1: the right like those other two gentlemen, but he's thinking,
15:07
Speaker 1: how do we sort of say to those teal seats
15:10
Speaker 1: or liberals a threat of teals. We still believe in
15:14
Speaker 1: tackling this climate thing, while at the same time saying
15:16
Speaker 1: we're different to labor and they're wrecking the economy and
15:18
Speaker 1: putting up your bow. Bill. So I think there's a
15:22
Speaker 1: chance for a compromise. But look, I reported some time
15:24
Speaker 1: ago I thought Hasty was going to pull the pin
15:26
Speaker 1: over this, and it is interesting tactics by him. One
15:31
Speaker 1: of the interesting things I think about it, which I'm
15:35
Speaker 1: curious about Peter, is I don't think there's any doubt
15:38
Speaker 1: that he's angling for the leadership now, whether that comes
15:41
Speaker 1: around Christmas or mid next year, who knows. But there
15:46
Speaker 1: was a leadership contest just in May and he didn't run.
15:50
Speaker 1: So what's changed in Andrew Hasty's mind in two or
15:53
Speaker 1: three months? And it's interesting that he's being talked about
15:56
Speaker 1: a lot more than Angus Taylor, even though Angus Taylor
15:59
Speaker 1: just missed out in a or two. It's like he
16:01
Speaker 1: decided not to run. Hasty and he's decided maybe I
16:05
Speaker 1: made a mistake. That's how it appears to me.
16:09
Speaker 2: Yeah, I have a different nuance to that. I think
16:12
Speaker 2: a true conviction politician goes for the leadership or chooses
16:17
Speaker 2: the issue on a matter of conviction that puts them
16:21
Speaker 2: into the leadership as opposed to looking like I guess
16:24
Speaker 2: as some do after an election loss, to be courting
16:27
Speaker 2: leadership for leadership's sake, Susan leans to her colleagues despite yeah, well.
16:35
Speaker 6: Susans.
16:37
Speaker 2: Susan's pitch was, we need a woman vote for me.
16:39
Speaker 2: We need a woman despite being in the Parliament for
16:41
Speaker 2: twenty five years, and as I say, most people are
16:43
Speaker 2: not knowing how to even pronounce her name. And here
16:46
Speaker 2: you've got, you know, Angus running is the Conservative because
16:49
Speaker 2: there will always be a counterweight balance in any race.
16:52
Speaker 2: He You've got a bloke who looks like it's the
16:54
Speaker 2: principle of the issue that's.
16:56
Speaker 6: Dragging him towards the leadership.
16:57
Speaker 2: And that's what we're all talking about, the principal of
17:00
Speaker 2: his conviction, as opposed to looking like he wants the
17:03
Speaker 2: top job for history's sake.
17:07
Speaker 1: Well, there you go. Maybe it was a plan all along.
17:09
Speaker 1: I mean, this is Tony Abbot two thousand and nine,
17:11
Speaker 1: isn't it. I mean Nick Minchin said I'll go to
17:13
Speaker 1: the back bench over the ets and then he backs
17:16
Speaker 1: Abbot in and Abbit gets up famously by a vote
17:19
Speaker 1: because Joe Hockey said, Joe Hockey said, I'm going to
17:23
Speaker 1: have a conscience fight on the party room to make
17:25
Speaker 1: up my mind, which sort of is a bit like
17:28
Speaker 1: what Susan Lee's doing, right, I mean, sorry, you go, well,
17:35
Speaker 1: this is what Susan Lee's doing as well, or the
17:38
Speaker 1: party room will decide, okay, we'll have this process. What
17:42
Speaker 1: do you believe in? What do you think you know?
17:44
Speaker 1: And it seems to me she does believe in net zero.
17:46
Speaker 1: By twenty fifty she was a Morrison follower, very close
17:50
Speaker 1: to him. He went for that policy, mind you, Barnaby
17:53
Speaker 1: Joyce went for that policy. Often politics plays a huge
17:56
Speaker 1: role in these decisions, but she now is looking like
18:04
Speaker 1: the one without conviction because she's determined to consult and
18:07
Speaker 1: determined to review. And I'm not sure that's working out
18:10
Speaker 1: for her. But ultimately something's going to kill Susan leads.
18:13
Speaker 1: It's going to be bigger than one issue. This issue.
18:16
Speaker 1: It's going to be the Polese and the poll this
18:18
Speaker 1: week was absolutely disastrous.
18:19
Speaker 5: So there you go.
18:23
Speaker 2: I think she can sidestep the Poles for the moment
18:25
Speaker 2: because she's still in the aftermath of a catastrophic loss.
18:29
Speaker 2: And yes she was number two. Let's not forget that
18:31
Speaker 2: she can't absolve herself from the errors in the campaign.
18:35
Speaker 2: But that's what is being briefed out by her tribe.
18:38
Speaker 2: I think it's much harder for her if on an
18:41
Speaker 2: issue like this, just like Joe Hockey No. Nine, where
18:44
Speaker 2: she's agnostic, she's waiting to be told what to think.
18:48
Speaker 2: And if you are the leader, you should instinctively have
18:51
Speaker 2: these convictions. That's why I think she's shown up very
18:54
Speaker 2: much by Andrew Hasty. But just on the point you
18:56
Speaker 2: said there about the tal seats and go back to
18:59
Speaker 2: when the decision was made on zero under Morrison, I
19:02
Speaker 2: don't think there was much debate. It was Morrison's way
19:04
Speaker 2: or the highway. But whenever the Coalition has made these
19:08
Speaker 2: issues a contest and a debate twenty ten nine into
19:13
Speaker 2: twenty ten and twenty thirteen, they've done well. Even when
19:18
Speaker 2: Malcolm and sixteen held on to Abbot's policies, he survived.
19:22
Speaker 2: Where they haven't done well and where they've lost the
19:25
Speaker 2: greatest amount of seats to the teals is where they've
19:29
Speaker 2: just acquiesced, where they've completely given up a fight so
19:34
Speaker 2: I'm not so sure that being hairy chested and labor
19:37
Speaker 2: light on climate is actually working out for them.
19:41
Speaker 6: And i'd say, you know, change TAC to have a
19:43
Speaker 6: fight on this stuff.
19:45
Speaker 2: Everyone cares about the environment, labor don't have a mortgage
19:48
Speaker 2: on that, but what does that come to our security?
19:53
Speaker 1: They need to fight. I'm not convinced this is the
19:55
Speaker 1: best fight. So my understanding is their strategy, by the way,
19:58
Speaker 1: is once they come out with the twenty thirty five target,
20:00
Speaker 1: the government, they'll opposed that right, and then they'll decide
20:04
Speaker 1: about net zero on the track. That's where I reckon
20:06
Speaker 1: it's going. So whether that ameliorate some of these we'll see.
20:11
Speaker 1: But let me say this, Peter, I don't think net
20:15
Speaker 1: zero is the fighter, or climate or whatever is the
20:18
Speaker 1: fighter was ten years ago, because even though power bills
20:22
Speaker 1: have gone up, Sure there's more Australians with solar panels
20:28
Speaker 1: now there's so many more and including in the outer suburbs.
20:31
Speaker 1: So I think it's not. And you don't have a
20:34
Speaker 1: carbon tax either, so you don't have an ATS, you
20:37
Speaker 1: don't have a carbon tax. So I hear, what sort
20:39
Speaker 1: of target? Yeah, yeah, I understand, I understand. I understand
20:43
Speaker 1: safe there are much bigger fights to have with the
20:46
Speaker 1: government over tax and over housing and even over migration.
20:51
Speaker 1: That's where I'm concentrating my efforts. If you stay on zero,
20:55
Speaker 1: you're just going to have division in your side.
20:59
Speaker 6: I think if you state.
21:00
Speaker 2: To see these targets twenty thirty target, twenty thirty five
21:04
Speaker 2: target and the net zero target, I think it's a
21:07
Speaker 2: mistake Andrew if they're seen only through the prism of
21:10
Speaker 2: climate and energy, because I think they are economic arm
21:13
Speaker 2: and geddon. I mean the Lips have got to recast
21:17
Speaker 2: this as an economic debate. One of the biggest inputs
21:20
Speaker 2: a business has, as opposed to labor costs, or in
21:22
Speaker 2: addition to labor cost, is the energy cost. And if
21:26
Speaker 2: businesses are leaving, if we lose our sovereign manufacturing, if
21:29
Speaker 2: we lose our resources budget bottom line, if we have
21:34
Speaker 2: no baseload alternative, if the fight's about Australia's national security
21:39
Speaker 2: vis a VEE, energy security and the economy, it's a
21:43
Speaker 2: much broader flank than just power bills. The problem with
21:47
Speaker 2: Morrison and others is they just narrow cast it down
21:50
Speaker 2: to power bills.
21:51
Speaker 6: I think that's a big mistake.
21:56
Speaker 1: The states. A lot of the states, not say Queensland,
21:58
Speaker 1: privatize the electricity system, and partly because of this debate,
22:02
Speaker 1: I guess no private companies would invest in col fired
22:06
Speaker 1: power stations, which I guess then takes you to nuclear.
22:09
Speaker 1: But then the question is will private companies get into that?
22:12
Speaker 1: But that's one of the issues that you face, you know,
22:16
Speaker 1: I mean, how do you how do you say we
22:18
Speaker 1: keep cold going if the private companies won't supported as well.
22:22
Speaker 1: There are plenty of policy issues within the politics mix here.
22:27
Speaker 1: But look, I just think I.
22:29
Speaker 2: Think they've got I think they've got I think there's
22:32
Speaker 2: plenty of regal room. And if we are shoveling out
22:34
Speaker 2: money to foreign owned win companies, which we are, that
22:38
Speaker 2: are not even getting a first base in a lot
22:41
Speaker 2: of this offshore debate. If we've put all this money
22:43
Speaker 2: out Betwiggy and others on green hydrogen and now we
22:45
Speaker 2: say it's you know, it's an absolute lemon. Even Chris
22:48
Speaker 2: Bowen's walking away from green hydrogen despite the billions we've spent.
22:52
Speaker 2: I think there's plenty of opportunity. I just think you
22:54
Speaker 2: will lose one hundred percent of the fight you're not in.
22:57
Speaker 2: And the leaves are not even in this fight, saying
22:59
Speaker 2: they're not even in a twelve months, Well, good.
23:01
Speaker 6: Luck with that.
23:01
Speaker 2: If you think twenty seven primary is bad, I will
23:05
Speaker 2: await the verdict in coming polls, lad Andrew, Great, Now,
23:11
Speaker 2: yes it is. We're going to come back to this
23:13
Speaker 2: many many times.
23:14
Speaker 13: Over all.
23:15
Speaker 6: Right, let's now go to some other issues.
23:17
Speaker 2: That the Governor of Utah has issued a warning over
23:20
Speaker 2: attempts by America's adverstries to encourage violence in the wake
23:24
Speaker 2: of Charlie Kirk's assassination.
23:27
Speaker 8: We are tracking our team, the state team, and I'm
23:35
Speaker 8: sure the federal team as well. What we're seeing is
23:37
Speaker 8: our adversaries want violence.
23:40
Speaker 13: China.
23:41
Speaker 8: We have bots from Russia, China, all over the world
23:45
Speaker 8: that are trying to instill disinformation and encourage violence. I
23:48
Speaker 8: would encourage you to ignore those, to turn off those streams, jentlemen.
23:55
Speaker 2: Now, Strategic Analysis Australia Director Michael Schubridge, Well, I'm sure
24:01
Speaker 2: like you, Michael, Sorry, I'm.
24:04
Speaker 6: Sure you like me.
24:05
Speaker 2: Your ears pricked up at that mentioned in that press conference,
24:08
Speaker 2: and I know in the aftermath we were focused on
24:11
Speaker 2: other and more immediate sort of debating points, but I
24:13
Speaker 2: thought so important that we go back to this, explain
24:17
Speaker 2: why this is not just a new frontier for our enemies.
24:20
Speaker 2: But how serious is what happened? What was the play
24:24
Speaker 2: by China and Russia? What were they trying to do
24:28
Speaker 2: in the aftermath online of the assassination.
24:33
Speaker 11: Well, Peter, you've got to remember that these authoritarian partners
24:37
Speaker 11: Moscow and Beijing want to reorder the world. They want
24:43
Speaker 11: to weaken democracies so that they're relatively more powerful. And
24:49
Speaker 11: them doing this online interference in the US and in
24:53
Speaker 11: other democracies including Australia, is to create anger and division
24:58
Speaker 11: in our societies. Of course, that weakens us.
25:03
Speaker 2: So give us some examples of sort of what form
25:06
Speaker 2: does this take.
25:09
Speaker 11: Well, a lot of their operations spot the angriest or
25:13
Speaker 11: most sensational thing that anyone in a given country is said.
25:18
Speaker 11: So they're looking for the most outrageous, provocative things that
25:22
Speaker 11: an American might have said about the Kirk killing, and
25:25
Speaker 11: then they transmit that and magnify that as much as possible,
25:29
Speaker 11: like dropping big rocks into a pond to make big waves.
25:35
Speaker 2: So are they jumping in and altering algorithms?
25:40
Speaker 6: Are they.
25:42
Speaker 2: Using a comment from somebody who might have that many
25:44
Speaker 2: followers put some bots behind them and magnify their reach.
25:48
Speaker 6: Is that how it works.
25:51
Speaker 11: Exactly. The bots pick up material and then multiple bots
25:56
Speaker 11: all transmit it, and the algorithms of social media pick
26:00
Speaker 11: that up as popular, so that gets magnified and promoted
26:04
Speaker 11: and more people see it in their feeds, so they
26:07
Speaker 11: get angrier and they yell at each other.
26:11
Speaker 2: So how do we respond and are we doing enough?
26:14
Speaker 2: Are we're taking the threat seriously?
26:18
Speaker 11: Well, it's very hard for an Australian government to even
26:22
Speaker 11: talk about Chinese state online interference like this in our
26:26
Speaker 11: country because the government is so busy telling all of
26:30
Speaker 11: the Australian population how wonderfully well the relationship with Beijing
26:34
Speaker 11: is going. So the primary problem here in Australia is
26:39
Speaker 11: no one in the federal government wants to talk about
26:42
Speaker 11: this online interference by Beijing.
26:46
Speaker 2: All right, let's move off this stay in the international space.
26:51
Speaker 2: The PMS hoping that he has his corridor chat with
26:54
Speaker 2: Donald Trump when he's in New York for the UN
26:57
Speaker 2: General Assembly.
26:59
Speaker 6: It seems to me.
27:00
Speaker 2: That's why there's been a lot of big spending announcements
27:02
Speaker 2: on the defense budget. We saw that stuff over the
27:05
Speaker 2: weekend for the Port in Wa. We've seen stuff today
27:09
Speaker 2: about Apache helicopters. I can't see that there's much detail.
27:13
Speaker 2: Is this real money? Is it in the forward estimates?
27:17
Speaker 2: What sort of kit are we getting?
27:18
Speaker 6: You know?
27:19
Speaker 2: What's the detail in the spend. It looks like it's
27:22
Speaker 2: a bit of you know, dragging the coat for Donald
27:26
Speaker 2: Trump in the hope that this meeting gets confirmed.
27:29
Speaker 6: How do you read it, Peter?
27:32
Speaker 11: I think you're a right to say spending announcements because
27:36
Speaker 11: it certainly isn't defense spending that we're seeing. I thought
27:39
Speaker 11: the images of the Prime Minister and Richard Miles in
27:42
Speaker 11: hard hats talking about twelve billion dollars that they're committing
27:47
Speaker 11: to build stuff in the Henderson Maritime Precinct was a
27:51
Speaker 11: primary case of they're like bawerbirds collecting shiny objects to
27:55
Speaker 11: distract Donald Trump. The hard hats make it look like
28:00
Speaker 11: Henderson is shovel ready, the bulldozers and construction is going
28:03
Speaker 11: to move in right.
28:04
Speaker 6: As they leave.
28:06
Speaker 1: It's years away.
28:07
Speaker 11: The Albanzi government has made sure nothing will happen in
28:10
Speaker 11: Henderson for years. They've got concept and feasibility studies that
28:14
Speaker 11: don't finish for years. So the hard hats were to
28:18
Speaker 11: pretend this was real money going out the door, when
28:21
Speaker 11: in fact they're just racking up debts for future governments.
28:26
Speaker 6: Yeah, I don't think the US that's stupid.
28:28
Speaker 2: I want to pick your brains on a report picked
28:31
Speaker 2: up last week that a Brisbane teenager this is last
28:34
Speaker 2: week was charged with terror offenses but he was given bail.
28:40
Speaker 2: The magistrate signing is lack of criminal history, his age, well,
28:43
Speaker 2: he's an eighteen year old. He's alleged to have had
28:46
Speaker 2: chemicals ready to make bombs in his room. There were
28:50
Speaker 2: a magazine with detailed instructions on how to carry out
28:54
Speaker 2: a terror attack.
28:56
Speaker 6: Now, how does.
28:57
Speaker 2: Anyone get bail under these circumstances, Michael.
29:01
Speaker 11: Well, Peter, obviously these are allegations and it'll all be
29:04
Speaker 11: tested in court. But you've got to think Australia is
29:09
Speaker 11: lucky that we haven't had a mass terror attack that
29:13
Speaker 11: has succeeded in recent years. That's a very good thing,
29:17
Speaker 11: but maybe it's made our courts and our government a
29:21
Speaker 11: bit complacent about the actual risk. This is a live,
29:25
Speaker 11: real risk, and I just hope we don't learn the
29:29
Speaker 11: hard way about taking it seriously.
29:33
Speaker 6: Not at all. And I have to say, you know,
29:34
Speaker 6: there's a number of young people. We all know.
29:37
Speaker 2: There was the alleged stabbing of the archbishop, or that
29:39
Speaker 2: he was stabbed, but the person is alleged to have
29:43
Speaker 2: done it, and there was issues with that flight out
29:45
Speaker 2: of avalone. I can't say more than that, Michael, because
29:47
Speaker 2: these are all now.
29:49
Speaker 6: Hit with suppression orders.
29:51
Speaker 2: But I think there's a lot that's happened me out
29:53
Speaker 2: there in the community that we should be concerned about.
29:56
Speaker 2: I'll leave it there, thanks Michael. After the break, the
29:59
Speaker 2: albani Is government looks set to slash costs for offshore
30:03
Speaker 2: wind farms most are foreign owned, as they fear that
30:07
Speaker 2: not enough of these monstrosities are going ahead. Plus Labor's
30:11
Speaker 2: is Lamophobia report and why it's such a worry. Welcome
30:20
Speaker 2: back the massive news at the UK last night. I
30:22
Speaker 2: watched the press conference with the defection of one of
30:24
Speaker 2: the Tory's brightest stars to Nigel Nigel Faraja's reform. As
30:29
Speaker 2: I said, I reckon this is the clearest sign that
30:32
Speaker 2: reform will win. I'll explain why in a moment. First,
30:36
Speaker 2: Chris Bowen has vowed to pursue a very ambitious twenty
30:39
Speaker 2: thirty five emissions reduction target, despite a global retreat from
30:43
Speaker 2: all the big emitters on climate action, and he's all
30:47
Speaker 2: doomsday about it all and warning of devastating economic, environmental
30:51
Speaker 2: health impacts.
30:52
Speaker 6: If we do not act.
30:54
Speaker 2: Here to discuss this and more, Deputy executive director at
30:56
Speaker 2: the Institute of Public Affairs Dan Wild former Liberal MP
31:00
Speaker 2: col flint Well. Sky's falling in, says Labor. But Dan,
31:04
Speaker 2: they've been saying this for decades. They keep pushing out
31:07
Speaker 2: all of these timelines, and when catastrophe does not happen,
31:12
Speaker 2: you know, when we don't get the empty reservoirs, they
31:15
Speaker 2: hit us again and hit us again, and you've got
31:18
Speaker 2: to wonder whether we've finally hit peak climate armageddon. And
31:22
Speaker 2: ordinary Australians are saying, come on, bow on your chicken little.
31:28
Speaker 6: Yeah. I think so, Peter.
31:29
Speaker 14: There's I think the community is really starting to turn
31:32
Speaker 14: off from this climate alarmism. As you say, it's a
31:34
Speaker 14: false prediction after false prediction, or acidic might say they're
31:38
Speaker 14: not predictions at all, but you're being used as a
31:40
Speaker 14: cudgel to try and shame people into going along with
31:42
Speaker 14: this destructive agenda. I think one of the challenges we face, though,
31:47
Speaker 14: Peter is at least in the political arena. Because the
31:50
Speaker 14: policy of net zero is not yet being contested. The
31:54
Speaker 14: public isn't being exposed to the true costs of these
31:58
Speaker 14: kinds of policies, which is one of the reasons why
32:00
Speaker 14: it's so critical that the Coalition comes out very strongly
32:03
Speaker 14: against the policy of net zero so that we can
32:05
Speaker 14: have a debate on this matter, because when these issues
32:10
Speaker 14: are exposed to the public, they will very quickly back
32:14
Speaker 14: away from supporting net zero for all of the reasons
32:17
Speaker 14: that we've discussed over the weeks, Peter. So you know,
32:20
Speaker 14: Chris Bowen has said that this will be an emissions
32:23
Speaker 14: target that Australians can be proud of. I can tell
32:26
Speaker 14: you they're not going to be proud of it, but
32:28
Speaker 14: they are going to be poor because of it.
32:33
Speaker 2: I think some of the things people going to understand,
32:35
Speaker 2: Nick is the scale of the subsidies coming from their
32:37
Speaker 2: pocket to a lot of these wind and solar companies,
32:40
Speaker 2: and how many of them are foreign owned. There's talk
32:43
Speaker 2: today in the newspapers that the Albanezier government's going to
32:46
Speaker 2: slash win license fees. This is for offshore wind and
32:51
Speaker 2: as I say, seventy plus percent of these are offshore
32:56
Speaker 2: because not enough of these big projects are getting off
32:58
Speaker 2: the ground. We've seen another one uncunceled in Victoria. Again,
33:02
Speaker 2: the more that the Liberals were to talk about this,
33:04
Speaker 2: the more that they help people to understand none of
33:07
Speaker 2: this is free. That net zero comes not just with
33:10
Speaker 2: the household harm, but massive hits to the budget.
33:16
Speaker 15: Of course it does, Peter, And already we've seen tens
33:19
Speaker 15: of billions of dollars being paid by the federal alban
33:22
Speaker 15: Ezy government to companies based overseas, So it's not money
33:27
Speaker 15: that's coming back here to keep jobs and manufacturing going
33:31
Speaker 15: in Australia. What is fascinating, I think is that we
33:36
Speaker 15: have constantly heard from the likes of the CSIRO about
33:39
Speaker 15: how cheap renewables are and how sustainable. But why on
33:44
Speaker 15: earth would you need levies if they are? And just
33:47
Speaker 15: like you and just like Daniel, I would love to
33:49
Speaker 15: see the Coalition start to unpack on a case by
33:53
Speaker 15: case basis. We could start with wind, the precise costs
33:57
Speaker 15: to taxpayers, the precise cost to the Australian environment, the
34:02
Speaker 15: precise costs to communities. Because on all of the reading
34:07
Speaker 15: that I have done and the research that I've done, Peter,
34:09
Speaker 15: the costs do not stack up. It's a complete fallacy
34:13
Speaker 15: that wind is one of the cheapest forms of power,
34:16
Speaker 15: and yet that's been the narrative from labor and from
34:20
Speaker 15: the likes of the CSIRO, and the actual environmental costs
34:25
Speaker 15: never seems to get factored in. Because all of these
34:28
Speaker 15: turbines have a lifespan of fifteen to twenty years if
34:31
Speaker 15: they're lucky, and I think that's usually on land, let alone.
34:34
Speaker 15: When they're out at sea, they can't be recycled. What
34:37
Speaker 15: on earth happens to them at end of life? And
34:40
Speaker 15: at what cost to Australian taxpayers because we can all
34:44
Speaker 15: imagine these foreign own companies won't be here with cleaning
34:48
Speaker 15: up at the end of life on wind turbines that
34:50
Speaker 15: are offshore.
34:51
Speaker 6: So what happens?
34:52
Speaker 15: Do they just get left to rot into the sea
34:54
Speaker 15: causing further environmental damage?
34:58
Speaker 6: Yeah, of course I do.
34:59
Speaker 2: And then I'm the push to put to more money
35:02
Speaker 2: into new wind farms and new solar farms and the
35:04
Speaker 2: degradation will continue.
35:06
Speaker 6: Hey, let's go to that.
35:07
Speaker 2: Islamophobia report out on Friday. I have to say conveniently buried.
35:11
Speaker 2: I think that was much the attempt of the government,
35:14
Speaker 2: but they won't bury it when it comes to moving
35:16
Speaker 2: on fifty four of the recommendations, they claim the reporter
35:20
Speaker 2: to authors claim that Islamophobian Australia has reached unprecedented levels.
35:26
Speaker 2: I don't know about that, but I'll tell you what
35:27
Speaker 2: the anti semitism has and much of the recommendations from
35:31
Speaker 2: that report have been ignored. The PM's going to go
35:35
Speaker 2: to the UN in coming weeks and pledged to recognize Palestine.
35:39
Speaker 6: Now this report's on his table.
35:40
Speaker 2: My fear here, Dan is they're going to try and
35:43
Speaker 2: do what they've done in the United Kingdom. They're desperately
35:46
Speaker 2: trying to get up these blasphemy laws that will basically
35:50
Speaker 2: ban any criticism justified criticism of Islam under the guise
35:55
Speaker 2: of Islamophobia.
35:59
Speaker 6: Yeah.
35:59
Speaker 14: I share you reservations concerns about this, Peter, and I
36:02
Speaker 14: think more broadly, it's really used as a sort of
36:05
Speaker 14: another cudgel to you along that line of argument that
36:09
Speaker 14: Australia is a racist nation, and for it to be used,
36:12
Speaker 14: if not for blasphemy laws, certainly for hate speech laws,
36:16
Speaker 14: for the hate speech laws, and I suspect it will
36:18
Speaker 14: also be used as a renewed push for misinformation censorship
36:22
Speaker 14: laws which the Government tried to get through in last
36:25
Speaker 14: term of Parliament, but they were so unpopular and toxic
36:28
Speaker 14: that they didn't even get to a vote on the
36:30
Speaker 14: floor of the Senate because the Greens and also I
36:32
Speaker 14: think almost every single crossbencher had indicated they would be
36:35
Speaker 14: voting against those laws. But the other point here is
36:39
Speaker 14: I think we're starting to really reach the endpoint of multiculturalism,
36:44
Speaker 14: which is the ideology that underpins Australia's migration program, and
36:48
Speaker 14: it encourages groups, whether it's those of the Muslim faith
36:51
Speaker 14: or other religious groups and ethnic groups, to see themselves
36:54
Speaker 14: as separate from the Australian national community and to push
36:58
Speaker 14: for special rights for themselves in a way that don't
37:01
Speaker 14: apply to other groups in our society. And this is
37:04
Speaker 14: just another example of how multiculturalism is dividing Australian society.
37:10
Speaker 2: Well, let's just stay with that point, very profound because
37:14
Speaker 2: have look at this.
37:14
Speaker 6: I picked up this photograph.
37:16
Speaker 2: It's of the Logic Camera and out the front you're
37:19
Speaker 2: like this, Nick, we're children of the seventies golf and
37:21
Speaker 2: Margaret Whitlam standing there very proudly in front of three
37:26
Speaker 2: flag poles and three Australian flags. Now, I don't think
37:31
Speaker 2: I've ever said this, Nicole fled, but good on GoF.
37:36
Speaker 15: Well, it's about time we had something to thank him for.
37:38
Speaker 2: Peter, Yeah, there is not, and I'm getting a bit
37:43
Speaker 2: skinny on all of that. I think it's the fiftieth
37:45
Speaker 2: anniversary of the dismissal. So come November they're with the
37:48
Speaker 2: bleeding hearts and the renting and the anguish. We'll see
37:52
Speaker 2: from the left, but I'll make sure whenever that's mentioned,
37:55
Speaker 2: we put that picture up three flags golf and that
37:58
Speaker 2: rule the Aussie flag.
38:00
Speaker 6: Thank you to you both. After the break and.
38:02
Speaker 2: An energy market analyst will dig into more of that
38:05
Speaker 2: horror report so called from Chris Bowen, plus a bit
38:09
Speaker 2: later on why just inta Alan is going full Dan
38:12
Speaker 2: Andrews in China, just into Alan in Beijing. I tell
38:20
Speaker 2: you she's Dan Andrews in a skirt. I mean, I
38:23
Speaker 2: know she was his loyal deputy. What we're watching now
38:26
Speaker 2: is a replay and what happened under him. We'll get
38:29
Speaker 2: to that in the moment, but first let's go back
38:31
Speaker 2: to the Climate Risk Assessment and that report, which is
38:35
Speaker 2: all about groundwork for a twenty thirty five target that
38:38
Speaker 2: we will probably get this week. The devil's in the detail.
38:41
Speaker 2: The whole lot of detail here appears to be from
38:44
Speaker 2: ad hoc sources and using ad hoc data.
38:49
Speaker 6: Let's have a.
38:50
Speaker 2: Look at this though with an expert saw Kavonik pointing
38:52
Speaker 2: out much of this today in Australian calling it a
38:54
Speaker 2: bargain basement plan. And please to say, Saul joins me, now,
38:59
Speaker 2: well you give me your take on this report at
39:01
Speaker 2: a high level, all the data that undependents or underpins
39:05
Speaker 2: and all the economic details sort give us your assessment.
39:10
Speaker 3: Well, with these reports, labors declared the skies falling over
39:14
Speaker 3: climate at risk. But you know we're getting these headlines
39:17
Speaker 3: hundreds of billions of dollars at stake, four hundred plus
39:21
Speaker 3: percent increase in heat heat related deaths, five hundred and
39:24
Speaker 3: seventy billion dollars in housing values destroyed. But if you
39:28
Speaker 3: actually have a closer reading of these reports, it actually
39:31
Speaker 3: reveals a very low conviction amateur policy posture. A lot
39:36
Speaker 3: of the data is very high level, outdated. Times it
39:40
Speaker 3: contradicts itself. The report really looks a lot like a
39:45
Speaker 3: generic management consulting deck, which has been kind of hastily
39:48
Speaker 3: localized for some Australian conditions. So I'll give you a
39:51
Speaker 3: few examples. The talk of five hundred and seventy billion
39:55
Speaker 3: dollars of property value destroyed, very big headline number, sounds alarming,
40:01
Speaker 3: but that's less than five percent of just the residential
40:04
Speaker 3: property values across Australia. So the Australian property markets increased
40:10
Speaker 3: by more than that five hundred and seventy billion just
40:11
Speaker 3: over the last twelve months. If that is the total
40:15
Speaker 3: amount of our property value that's at risk from climate
40:17
Speaker 3: change over the next thirty years, it's actually a very
40:20
Speaker 3: small number, doesn't really justify a tremendous amount of action.
40:25
Speaker 3: Another data point would may the four hundred or forty
40:28
Speaker 3: percent increase in heat related mortality. Now, if you go
40:32
Speaker 3: to the actual source document for that, it highlights that
40:36
Speaker 3: even if that happens, it will be less than five
40:38
Speaker 3: percent of the number of deaths related to car crashes
40:42
Speaker 3: in Australia. So again we did have just put some
40:44
Speaker 3: of these things in context. But the most important part
40:47
Speaker 3: of the report should be the economics section, where we
40:49
Speaker 3: get the trade offs about what the climate impacts will
40:53
Speaker 3: be and the economic costs from them. And to mitigate them.
40:57
Speaker 3: That's actually lacking very much so in the report. There
41:00
Speaker 3: is no costed investment plan here, and nearly most of
41:04
Speaker 3: the data sources that I use this economic section or
41:07
Speaker 3: a report actually come from the Climate Council, which obviously
41:11
Speaker 3: has its own ideological agenda. It's funded by people with
41:14
Speaker 3: an ideological agenda, and the authors of the report have
41:17
Speaker 3: almost no background in economics whatsoever. And you know, so
41:22
Speaker 3: need to put some context around that. There hasn't actually
41:25
Speaker 3: been a lot of new analysis that's gotten into this.
41:27
Speaker 3: They've just been taking data from reports in this case
41:30
Speaker 3: over six over five years old and hashing them all
41:34
Speaker 3: together to provide some very alarming headline numbers to create
41:38
Speaker 3: some political ammunition for a tougher emission production target. But
41:43
Speaker 3: if you go through the substance, there's not a lot there.
41:47
Speaker 2: So one hundred percent absolutely agree with what you said there.
41:50
Speaker 2: This was designed when they enchoose day to drive headlines
41:54
Speaker 2: for voters, to keep them headed down the path of
41:57
Speaker 2: net zero, and presumably to set up this constant and
42:00
Speaker 2: sort of battle with the climate deniers on the right,
42:03
Speaker 2: the Little Party and others. But they're not relying on
42:07
Speaker 2: big brains like yours pulling it apart, or a business
42:11
Speaker 2: speaking their mind about the balance sheet risk they're relying on.
42:14
Speaker 2: Also out there with the intelligent classes who should be
42:19
Speaker 2: putting this under some sort of interrogation, a very compliant
42:24
Speaker 2: media soul, a very compliant business group who was scared
42:27
Speaker 2: of saying Buddha Labor, and of course most of the
42:30
Speaker 2: science class who live now off all the grants and
42:33
Speaker 2: funding from the climate industry. So no one's going to
42:37
Speaker 2: put the head above the parrots parapets. So how do
42:40
Speaker 2: we call this out? How do we have this debate
42:42
Speaker 2: that Australian must have because the government itself has never
42:46
Speaker 2: put out the numbers to say this is what the
42:48
Speaker 2: cost of net zero will be to Australians, so that
42:52
Speaker 2: voters absolutely have got apples and apples to make a decision.
42:57
Speaker 3: Here, the best thing to look at is what the
43:01
Speaker 3: government is saying by its very actions. So the most
43:04
Speaker 3: glaring question that's raised by these reports is if Labor
43:09
Speaker 3: really believe we face all of these serious climate risks,
43:13
Speaker 3: why are they doing so little to actually prepare us
43:17
Speaker 3: for them. They've only committed three point six billion dollars
43:20
Speaker 3: to adaption measures. They're spending an order of magnitude more
43:25
Speaker 3: on decarbonization, keeping in mind that no matter how much
43:29
Speaker 3: we decarbonize Australia, and no matter how much we damage
43:32
Speaker 3: we do to our economy in the process, we won't
43:34
Speaker 3: actually address climate change because with such a small part
43:37
Speaker 3: of global emissions. But if Labor was really serious about
43:40
Speaker 3: this report and the findings, they'd be pivoting away from
43:43
Speaker 3: decarbonization and actually putting a lot more funds and effort
43:47
Speaker 3: into making Australia more resilient, resilient and adaptable to the
43:50
Speaker 3: climate change impacts which are going to happen anyway. But
43:53
Speaker 3: the government's actually doing very very little about that. So
43:56
Speaker 3: this is still very much a government which is focused
43:59
Speaker 3: on the optics of nets r N decarbonization because it
44:02
Speaker 3: sounds politically good, rather than actually preparing Australia for the
44:06
Speaker 3: uncertain path ahead, including are the risk that climate change
44:10
Speaker 3: will pots.
44:13
Speaker 2: And you're right, you fox them out sall every single
44:15
Speaker 2: time when you say it's so serious, if it's so urgent,
44:19
Speaker 2: you would do what the rest of the Western world
44:21
Speaker 2: is doing and grow your nuclear power capability of it.
44:25
Speaker 6: We've still got it under a ban. I'll leave it there,
44:28
Speaker 6: thank you.
44:28
Speaker 2: As always after the break local council junkets and big spending.
44:32
Speaker 2: I'll tell you this will shock even the most jaded
44:36
Speaker 2: with the latest examples. Plus we'll get to that news overnight,
44:39
Speaker 2: the huge superstar who's left the Tories in with Farage.
44:45
Speaker 2: And this is the writing on the wall now for
44:47
Speaker 2: Kemy Badenknock.
44:53
Speaker 6: Time for dynamic jewel, isn't it?
44:54
Speaker 2: My panel Institute of Public Affairs chief Economist senior fellow
44:58
Speaker 2: as well Adam Crichton and author at the Specta to
45:00
Speaker 2: Terry Barnes, Well, we'll go to Justinterallen because she's over
45:03
Speaker 2: in China. She's trying to paint her new strategy in Beijing.
45:07
Speaker 2: Is different from Daniel Andrews.
45:09
Speaker 6: It's not. It's a Garvin copy.
45:11
Speaker 2: It's probably Belton Road by Stealth on the back of
45:14
Speaker 2: sixty four thousand Chinese students who she wants to be
45:18
Speaker 2: in and around and grow in Victorian universities. And I
45:22
Speaker 2: tell you what, this is a big problem for Victoria.
45:25
Speaker 2: This is because she's got failing numbers and ready ink
45:28
Speaker 2: as far as the eye can see in her budget,
45:30
Speaker 2: and she's trying to just backfill it hard with students.
45:34
Speaker 5: It's not just a case of getting in more Chinese
45:37
Speaker 5: students though, Peter, I mean sixty four thousand now and
45:40
Speaker 5: plus whatever. We're turning our universities into.
45:43
Speaker 6: Diploma mills for all that.
45:44
Speaker 5: But the other side of it is she's after Chinese
45:46
Speaker 5: investment in things such as the dud suburban railroop. I mean,
45:50
Speaker 5: she can't get Australian investors to get in there, so
45:52
Speaker 5: she's going for the Chinese. It's just I think a joking.
45:55
Speaker 6: And you're right.
45:56
Speaker 5: It's spelt and road without being built and road, and.
45:58
Speaker 2: Everyone's going to have to have a house. Everyone's going
45:59
Speaker 2: to a way to get around town. So if you
46:01
Speaker 2: talk about congestion, they add to the congestion. They're not
46:04
Speaker 2: permanent Australians. Yet we know a lot of these students
46:07
Speaker 2: migrate across.
46:09
Speaker 6: That's true.
46:09
Speaker 16: I think the universities are basically to some extent selling
46:11
Speaker 16: permanent residency. Be they get two year work rights at
46:13
Speaker 16: the end and that you know, that's of course what
46:15
Speaker 16: they really want. But yes, of course there's there's so
46:17
Speaker 16: much pressure on housing, pressure on transport, and actually there's
46:19
Speaker 16: a lot of research out there that says the figures
46:21
Speaker 16: that are put out by the university is about, you know,
46:22
Speaker 16: the forty billion dollar industry blah blah blah. You know
46:25
Speaker 16: that includes the wages that for the jobs that they
46:28
Speaker 16: work in, but of course you know they could be
46:29
Speaker 16: Australians working in those jobs. And also it includes the
46:31
Speaker 16: money that is sent home to China and India through remittances,
46:35
Speaker 16: which is about twenty billion dollars a year. So it's
46:37
Speaker 16: not the fantastic industry that it's made out to be.
46:40
Speaker 16: And plus what does it mean for standards for domestic students?
46:42
Speaker 16: I mean lots of these students can't speak English properly,
46:45
Speaker 16: so that means the average quality of the exams.
46:47
Speaker 2: If you're in a group of project it's always you know,
46:50
Speaker 2: one English speaker, which have a lot of foreign kids.
46:52
Speaker 5: If you pay for a degree, you expect a result exactly.
46:55
Speaker 6: All right, go to the AMC.
46:56
Speaker 2: Two hundred and forty million dollars dollars was the fine
47:00
Speaker 2: whapped on them by ACIK for misconduct. Egregious misconduct. Says ask,
47:05
Speaker 2: how come then no one gets a charge?
47:09
Speaker 16: Well, look, I think you know the criminal thresholders you
47:11
Speaker 16: would know as much higher to meet. But you know,
47:14
Speaker 16: I'm quite a cynic with some of this stuff. I
47:16
Speaker 16: think it's just like you know, these these regulators like
47:18
Speaker 16: to make out that they're policing these institutions, and occasionally
47:21
Speaker 16: they kind of come up with these fines, but really
47:23
Speaker 16: as water off a ducts back for the a Z,
47:24
Speaker 16: I mean, it's two hundred and forty million dollars. This
47:26
Speaker 16: is an institution that makes seven billion dollars every year
47:29
Speaker 16: in that profit. And if anything, the leader is the
47:31
Speaker 16: new leadership of ANZ is probably quite happy because they're
47:34
Speaker 16: about to sack four and a half thousand people and
47:35
Speaker 16: so they can say, well, we need to sack these
47:37
Speaker 16: people to change the culture. So look, you know it's
47:41
Speaker 16: not going to make much eff it's in a long run.
47:43
Speaker 16: Sorry to be cynical.
47:43
Speaker 2: Better, all right, let's talk about what happened in the
47:46
Speaker 2: UK of an Ida. Watched the press conference. I think
47:48
Speaker 2: it was a masterclass by Danny Krueger. I think he's
47:51
Speaker 2: one of the best of his generation, Terry, and he
47:53
Speaker 2: has left the Tory Party. Now he's absolutely front and
47:58
Speaker 2: center there with Niger Farage.
47:59
Speaker 6: It says that reform is now a force. Let's have
48:02
Speaker 6: a listen.
48:04
Speaker 13: I don't think the Conservative Party is dead. I just
48:07
Speaker 13: think it's over as the principal opposition and the principal
48:09
Speaker 13: vehicle of conservatism and sort of conservatism that I believe in,
48:12
Speaker 13: and I think in reality it is very unlikely that
48:15
Speaker 13: they're going to recover significantly or soon. I would hope
48:18
Speaker 13: that colleagues who share my view about the crisis that
48:22
Speaker 13: the country is in and the opportunity that the reform
48:25
Speaker 13: offers to save our country at the next election will
48:28
Speaker 13: follow me.
48:30
Speaker 2: Now, I know we all love conviction politicians. I think
48:32
Speaker 2: he's the real deal. But people might know his name.
48:35
Speaker 2: I urge you at home, if you haven't, get on
48:37
Speaker 2: YouTube and look at some of the speeches he's recently
48:39
Speaker 2: given in the Commons.
48:41
Speaker 6: But Terry, what do you think.
48:42
Speaker 5: Well, look, I think Reform is no longer the Nigel
48:45
Speaker 5: Garage vality project, which I and I think other Conservative
48:48
Speaker 5: bringing people around the world I think have been sort
48:51
Speaker 5: of accusing her to be. Danny Krueger is the real deal.
48:55
Speaker 5: He is an intellectual force within the Conservative Party is
48:57
Speaker 5: now going across to the Reform but also saying a
49:01
Speaker 5: Conservative party itself is dead, but conservatism isn't. And that's
49:04
Speaker 5: a really powerful message and it was interesting to see
49:07
Speaker 5: him do that there alongside Nigel Garage. I mean, Nigel
49:10
Speaker 5: is the great seller, the salesman, but he needed something
49:14
Speaker 5: to sell and this bloke is bringing it just quickly.
49:16
Speaker 6: I reckon, you know England, Well, do you think reform
49:19
Speaker 6: can win? Yeah?
49:20
Speaker 16: Look I think they can. I mean it's still a
49:21
Speaker 16: couple of years away, though, and things change rappily. I
49:23
Speaker 16: think the big lesson here though, is the Liberal Party.
49:25
Speaker 16: He is going to face the same fate as the
49:27
Speaker 16: toy is there, unless they get a spine and actually
49:30
Speaker 16: have something to oppose, which is of course Net zero
49:33
Speaker 16: and other things. I know you're on board with that,
49:34
Speaker 16: but they need to learn from.
49:35
Speaker 6: This sitting there. Well, we remember what it was like
49:37
Speaker 6: when you take the fight up to layer on Net zero. Indeed,
49:41
Speaker 6: right when you we're there. I'll come back to the
49:42
Speaker 6: councils tomorrow night. I'll tell you what. You will be
49:44
Speaker 6: shocked at the money they're spending. That's it for me.
49:47
Speaker 6: See then up next James with person