Latest / Credlin / Credlin | 26 September

Transcript

Credlin | 26 September · Credlin

• 0:02
  Speaker 1: Pedo Kredlin live on Skyins Australia.
• 0:08
  Speaker 2: Good evening, Welcome to the show. Here's what's coming up
• 0:10
  Speaker 2: tonight on Kredline. Pressure bounds for Labor to explain itself
• 0:14
  Speaker 2: when it comes to the rumored negative gearing changes. The
• 0:17
  Speaker 2: Prime Minister and his Treasurer again at odds experts worn
• 0:22
  Speaker 2: today we could see a forty seven percent increase in
• 0:24
  Speaker 2: our power bills next year. Now Australians are already at
• 0:28
  Speaker 2: breaking point. How on earth do we go from having
• 0:31
  Speaker 2: some of the world's cheapest power to this?
• 0:33
  Speaker 3: So much for Labour's lie that renewables are.
• 0:36
  Speaker 2: Cheap Overnight, another council does a backflip on Australia Day,
• 0:40
  Speaker 2: putting celebrations back on January twenty six as momentum grows
• 0:44
  Speaker 2: ahead of the one year anniversary of the Voice defeat
• 0:47
  Speaker 2: for governments to stop forcing a black arm band view
• 0:50
  Speaker 2: of history down our throats. Last a record spike in
• 0:55
  Speaker 2: appeals from foreign students. We've had their Australian visas refused
• 0:59
  Speaker 2: or canceled.
• 1:01
  Speaker 3: Pandutton says.
• 1:02
  Speaker 2: This is all the hallmarks of Labour's past border protection failures.
• 1:07
  Speaker 4: This is the modern version of the boat arrival so
• 1:10
  Speaker 4: people have found a weakness in the system, they are
• 1:13
  Speaker 4: exploiting the weakness. They obviously will be getting advice from
• 1:17
  Speaker 4: lawyers in this space and others who have tested the
• 1:20
  Speaker 4: system and found success and ultimately have stayed in Australia.
• 1:25
  Speaker 2: At first, Let's be very clear heavier taxes on housing
• 1:28
  Speaker 2: because that's what changes to negative gearing and capital gains tax.
• 1:32
  Speaker 2: Are heavier taxes on housing or they will not are repeaated.
• 1:37
  Speaker 2: Will not bank housing more affordable or more available. Only
• 1:41
  Speaker 2: people with no understanding of economics none whatsoever, or people
• 1:45
  Speaker 2: with an ideological set against home ownership could think that
• 1:49
  Speaker 2: higher taxes on housing make sense, which is why the
• 1:53
  Speaker 2: Greens and the labor left faction are constantly pushing for them,
• 1:57
  Speaker 2: and why people who feel locked out of the housing
• 2:00
  Speaker 2: market might be tempted to support them, either from resentment
• 2:05
  Speaker 2: towards anyone who works hard and gets ahead or the
• 2:08
  Speaker 2: general Marxist dislike of anyone owning anything when they want
• 2:12
  Speaker 2: us all dependent on the state. But make no mistake,
• 2:15
  Speaker 2: the only way Treasury would be modeling the impact of
• 2:19
  Speaker 2: abolishing or limiting negative gearing and cutting their capital gains
• 2:23
  Speaker 2: tax concession for landlords with a rental property is if
• 2:27
  Speaker 2: someone senior in government has told them to do that.
• 2:30
  Speaker 2: And we know how government works, I know better the
• 2:32
  Speaker 2: most public servants. They don't just casually explore options that
• 2:36
  Speaker 2: governments have previously ruled out again and again, as Labor
• 2:40
  Speaker 2: has done ever since Bill Shorten lost them that unlosable
• 2:44
  Speaker 2: election on this very policy. If Treasury wasn't instructed to
• 2:50
  Speaker 2: do this work work that's now embarrassed the government that
• 2:53
  Speaker 2: said it wouldn't move on these changes, or then heads
• 2:57
  Speaker 2: should roll and they have it have they? Indeed, both
• 3:00
  Speaker 2: the Prime Minister and the Treasurer, when caught out by
• 3:02
  Speaker 2: these headlines, refused to rule out changes instead of resorting
• 3:07
  Speaker 2: to tricky language. You know, no current plans, you've heard
• 3:11
  Speaker 2: that before, or as it's all from the Prime Minister
• 3:14
  Speaker 2: this morning at his patronizing best, will you rule out
• 3:18
  Speaker 2: changes to the getting hearing in property taxes this too?
• 3:21
  Speaker 5: Or East, Well, what we're doing is doing the legislation
• 3:25
  Speaker 5: that we had before the Senate. So I talk about
• 3:27
  Speaker 5: what we're doing, not what we're not doing. And what
• 3:31
  Speaker 5: we're doing is trying to get through that legislation.
• 3:34
  Speaker 6: It's not unusual for the public service and in my case,
• 3:38
  Speaker 6: my department. I'm sure Katie's department is the same to
• 3:42
  Speaker 6: examine issues that are being speculated about in the public
• 3:46
  Speaker 6: or in the Parliament. That's how a good public service operates.
• 3:50
  Speaker 6: I'm not going to engage in hypothetical impacts of hypothetical policies.
• 3:56
  Speaker 5: Well, we have no plans to touch it or change
• 4:00
  Speaker 5: negative gearing. What we did with our income tax changes
• 4:06
  Speaker 5: was to deliver a tax cut for every Australia lies.
• 4:09
  Speaker 1: Doing a you live you were deceive doing that.
• 4:12
  Speaker 5: Guess what, Pete? Well, well, if I did so to
• 4:14
  Speaker 5: plead to Dutton because they voted for it, the.
• 4:19
  Speaker 2: Mood's changing, isn't it. So why has Treasury been instructed
• 4:22
  Speaker 2: to do this work? Because it must have been instructed
• 4:25
  Speaker 2: almost certainly by the Treasurer. Remember it was Jim Chalmers
• 4:28
  Speaker 2: who told treasure to start modeling those changes to the
• 4:31
  Speaker 2: Stage three tax cuts last year when the Prime Minister
• 4:35
  Speaker 2: was still insisting that Labor would not break the promise
• 4:38
  Speaker 2: to keep them.
• 4:40
  Speaker 1: Stage three tax cuts will come into effect in July.
• 4:43
  Speaker 5: In full Well, we haven't changed our position on that, marcl.
• 4:47
  Speaker 1: I just asked that question again.
• 4:48
  Speaker 7: Can you promise as you did before the election, the
• 4:50
  Speaker 7: Stage three tax cuts will.
• 4:51
  Speaker 1: Come in in full in July.
• 4:53
  Speaker 5: Well, well, I've said we haven't changed our position, can
• 4:56
  Speaker 5: you promise Prime Mister, I've said, I can't be clearer
• 4:58
  Speaker 5: than that from the Stage three?
• 5:00
  Speaker 1: Are they going ahead?
• 5:01
  Speaker 5: And when well, we haven't changed our position on that,
• 5:07
  Speaker 5: we have no change to our plans.
• 5:10
  Speaker 8: Tax cuts will happen in July.
• 5:12
  Speaker 5: We're being very upfront with the Australian people that when
• 5:16
  Speaker 5: economic circumstances have changed, it is the responsible thing to
• 5:22
  Speaker 5: do to change our policy, and we are changing our
• 5:27
  Speaker 5: policy for the right reasons.
• 5:32
  Speaker 2: My sick question, sheped, I mean they were modeling those
• 5:34
  Speaker 2: changes to Stage three prior to Christmas. Then he trots
• 5:37
  Speaker 2: out all those lines and then only days later fesses
• 5:41
  Speaker 2: up to the changes. Having rolled the Prime Minister on
• 5:44
  Speaker 2: one tax issue, is this about the treasure at trying
• 5:47
  Speaker 2: to roll him on another? Because there's no doubt that
• 5:50
  Speaker 2: Labour's looking for money to bankroll a big election spending
• 5:54
  Speaker 2: war chest and negative gearing on rental properties that's thought
• 5:58
  Speaker 2: to have crossed the budget about two billion.
• 6:00
  Speaker 3: Last year in lost revenue.
• 6:02
  Speaker 2: Or could it be that Labour thinks that negative gearing
• 6:04
  Speaker 2: might help them with the Greens, given that Marxist Greens
• 6:08
  Speaker 2: are always in favor of higher taxes, particularly on private property.
• 6:12
  Speaker 3: Perhaps perhaps these are the changes that.
• 6:14
  Speaker 2: Have been worked up to in case Labor is caught
• 6:18
  Speaker 2: in a negotiation in the event of a hung parliament
• 6:21
  Speaker 2: with the Greens and need to do a deal. Maybe
• 6:24
  Speaker 2: it's a little bit of all three. But what we
• 6:27
  Speaker 2: do know is that after several days of evasion and confusion,
• 6:31
  Speaker 2: the Prime Minister seemed to be dumping this all in
• 6:33
  Speaker 2: the Treasurer's lab, telling the media that have to direct
• 6:36
  Speaker 2: their negative gear in questions to charmers who very conveniently
• 6:40
  Speaker 2: had just slipped the country and was on his way
• 6:43
  Speaker 2: to Beijing.
• 6:45
  Speaker 9: It's a fair question to ask you whether you or
• 6:47
  Speaker 9: your treasurer has requested this study.
• 6:50
  Speaker 5: Sure, and I've answered that you've asked.
• 6:52
  Speaker 10: You've answered it for yourself, but not for the treasurer.
• 6:55
  Speaker 5: Well, I'm not the treasurer.
• 6:57
  Speaker 1: You must have said to hey, Jim, did you ask
• 7:00
  Speaker 1: them to do this?
• 7:01
  Speaker 5: No?
• 7:02
  Speaker 11: No, not at all.
• 7:05
  Speaker 12: Sorry, you don't know whether your treasurer has asked them
• 7:07
  Speaker 12: to do this work or not.
• 7:09
  Speaker 5: Well, I don't know because I'm not the treasurer and
• 7:12
  Speaker 5: the Treasurer is on his way to China as we speak.
• 7:16
  Speaker 2: When a left faction prime minister and his right faction
• 7:20
  Speaker 2: treasurer are at odds, it seems to be the case here.
• 7:24
  Speaker 2: This is a government in deep, deep trouble, with all
• 7:27
  Speaker 2: the polls pointing to a hung parliament and best labor
• 7:31
  Speaker 2: figures are turning on the prime minister. Last week, former
• 7:34
  Speaker 2: union boss Bill Kelsey so the government was quote mired
• 7:38
  Speaker 2: in mediocrity. The former New South Wales Labor Treasurer Michael
• 7:42
  Speaker 2: Costa said that this government had quote failed.
• 7:45
  Speaker 8: It's not just Alberiz. We've always known he's not strong
• 7:49
  Speaker 8: on policy. He's been a slogan peddler for all the
• 7:51
  Speaker 8: time i've known. What disappoints me is the treasurer of
• 7:54
  Speaker 8: the federal Treasurer. I mean, he's a bloke that did
• 7:56
  Speaker 8: a PhD on Keening and his system overturning every single
• 8:02
  Speaker 8: reform of the hawk Keating government, of the Frankenstein government.
• 8:06
  Speaker 8: Here a combination of Whitlam and the worst elements of Rudd.
• 8:11
  Speaker 3: But it gets worse.
• 8:13
  Speaker 2: Here's the letters from Cameron Milner, former Queensland Labor State Secretary,
• 8:17
  Speaker 2: Build Shortens, chief of Staff and close to the fellow
• 8:20
  Speaker 2: Queensland and Jim Chalmers. So the ultimate laborer insight arriving
• 8:23
  Speaker 2: in the nightly and this was published overnight, he said
• 8:26
  Speaker 2: an I quote Albanezy leads a government entirely in his
• 8:29
  Speaker 2: own likeness, timid, weak and insipid. Under Albenezy, interest rates
• 8:35
  Speaker 2: are up, electricity prices way up, and real wages are down.
• 8:39
  Speaker 2: We have a per capita recession and only a flood
• 8:42
  Speaker 2: of migrants has saved us from headlines saying we are.
• 8:45
  Speaker 3: In a national recession.
• 8:47
  Speaker 2: Whether it's tone deaf actions like endless flying on Toto one,
• 8:51
  Speaker 2: or seeing Taylor Swift and Katie Perry on the same weekend,
• 8:55
  Speaker 2: or listing his investment property for a huge profit in
• 8:58
  Speaker 2: the middle of a housing crisis. Albanese's shown poor or
• 9:02
  Speaker 2: no judgment, I'll tell you what he goes on. Albanesi
• 9:07
  Speaker 2: criticizes the extreme Greens, says Milner, but his only viable
• 9:11
  Speaker 2: plan to remain Prime Minister will see him govern with
• 9:14
  Speaker 2: the extreme Greens. Federal labour is in a death spiral,
• 9:18
  Speaker 2: he says, of its own making. I mean this is
• 9:22
  Speaker 2: volcanic stuff from a lifelong labor man. Now I can't
• 9:27
  Speaker 2: see the caucus, taking Milner's advice and rolling another prime minister,
• 9:31
  Speaker 2: even though, as Milner points out, they rolled Rudd because
• 9:35
  Speaker 2: they were concerned that he would lose after just one term.
• 9:39
  Speaker 2: Of course, he had all those landslide seats that Albanezi
• 9:42
  Speaker 2: doesn't have. And there's not a Labour MP in the
• 9:45
  Speaker 2: Parliament who isn't worried now months and months of bad
• 9:48
  Speaker 2: polls and things getting worse still, given Milner's closeness to charmers,
• 9:53
  Speaker 2: it's hard not to see this as the ambitious Queenslander
• 9:57
  Speaker 2: testing the waters for a leadership bid. If not now,
• 10:02
  Speaker 2: then perhaps after the election. All right, let's go to
• 10:09
  Speaker 2: camera own for the headlines. Skynese political reporter Olivia Kaisley
• 10:14
  Speaker 2: Good Evening.
• 10:15
  Speaker 13: Australia has joined the United States and nineteen other nations
• 10:19
  Speaker 13: in calling for an immediate ceasefire in Lebanon.
• 10:24
  Speaker 14: War wide tomorrow.
• 10:27
  Speaker 13: Australia is joining a coalition of countries like the United States,
• 10:31
  Speaker 13: France and Canada to describe the situation as intolerable. They
• 10:35
  Speaker 13: warn the tension has created an unacceptable risk of broader
• 10:39
  Speaker 13: regional tension.
• 10:41
  Speaker 5: Lebanese civilians cannot be made to pay the price of defeating.
• 10:44
  Speaker 12: Habella Israel as every nation has a right to self defense.
• 10:51
  Speaker 13: Penny Wong and Anthony Albanesi want a ceasefire in Lebanon
• 10:55
  Speaker 13: and Gaza.
• 10:56
  Speaker 3: This destructive cycle must stop.
• 10:58
  Speaker 11: Lebanon cannot become the next Gaza.
• 11:01
  Speaker 5: We want to see a de escalation in the region.
• 11:05
  Speaker 13: The Prime Minister is exasperated by Australians still traveling to
• 11:09
  Speaker 13: the conflict hotspot despite repeated warnings please leave.
• 11:13
  Speaker 5: I find it remarkable that people are still staying there.
• 11:20
  Speaker 13: Australia is close to inking a new treaty with the
• 11:23
  Speaker 13: United Kingdom to ensure the delivery of aucust nuclear submarines.
• 11:28
  Speaker 13: Westminster and Canberra are working on their own special treaty
• 11:32
  Speaker 13: to keep the delivery of nuclear submarines on track. It
• 11:35
  Speaker 13: follows pressure from the United States in recent weeks to
• 11:38
  Speaker 13: progress on Pillar two of the orcus Pact. That's about
• 11:42
  Speaker 13: sharing and developing advanced technologies.
• 11:47
  Speaker 2: All right, Well, just after day I'm taking the cutos
• 11:49
  Speaker 2: for reducing inflation. I'll bet it's a temporary reduction, says
• 11:52
  Speaker 2: the RBA, because of those taxpayer energy payments. The Treasurer
• 11:57
  Speaker 2: dashed off in Beijing for meetings now only weeks ago,
• 12:00
  Speaker 2: China announced it would slowly raise a retirement age of
• 12:03
  Speaker 2: the next fifteen years to prevent it's pension funds from
• 12:06
  Speaker 2: running dry, and the Chinese Central Banks also unveiled an
• 12:09
  Speaker 2: unprecedented economic policy blitz aimed at stimulating growth. For more
• 12:15
  Speaker 2: on this now, I'm joined by former finance writer now
• 12:17
  Speaker 2: media writer at This Strait and Saphie Ellsworth and the
• 12:20
  Speaker 2: Deputy Executive Director of the Institute of Public Affairs, Daniel Wilde. So,
• 12:24
  Speaker 2: for given how important China's terms of trade have been
• 12:27
  Speaker 2: to our prosperity, economic uncertainty, there as this continuing inflation
• 12:33
  Speaker 2: risk pays out here. I mean, the RBA says we're
• 12:36
  Speaker 2: not out of the woods twenty twenty six. They say
• 12:39
  Speaker 2: for things stabilized Labour's only months out from an election.
• 12:44
  Speaker 3: They've got to be pretty worried.
• 12:46
  Speaker 15: Of course they will be, Peter, But I think this
• 12:49
  Speaker 15: is important for many reasons. China are a big trade
• 12:53
  Speaker 15: partner of ours and obviously we still have those sanctions
• 12:56
  Speaker 15: with lobsters, which is.
• 12:58
  Speaker 3: Really important here.
• 12:59
  Speaker 15: But there are still issues that need to be resolved
• 13:02
  Speaker 15: between Australia and China. But I do think that the
• 13:05
  Speaker 15: Labor government has helped improve those relations because as we know,
• 13:10
  Speaker 15: it was pretty hostile when the Morrison government was in power.
• 13:13
  Speaker 15: So hopefully some good comes out of these meetings.
• 13:17
  Speaker 2: Daniel I quoted extensively from an article that tis put
• 13:20
  Speaker 2: out former ALP State Secretary Sky and news commentator Cameron Milner,
• 13:25
  Speaker 2: saying that federal labor's in a death spiral of its
• 13:28
  Speaker 2: own making and it's time for Albanezy, he says, to
• 13:30
  Speaker 2: either step aside or be removed now these revelations this week,
• 13:36
  Speaker 2: the Treasury is looking at changes to negative geary, which
• 13:39
  Speaker 2: means the government is I mean, don't fall them all
• 13:43
  Speaker 2: over our As you and I both know exactly what's
• 13:45
  Speaker 2: going on here. This is setting up a bit of
• 13:47
  Speaker 2: a power play and I reckon it looks a lot
• 13:50
  Speaker 2: like what happened on the Stage three tax cuts.
• 13:56
  Speaker 1: I think that's right.
• 13:56
  Speaker 7: Peter camera Milner certainly didn't miss sid Diddy in his article,
• 14:00
  Speaker 7: and he's a very astute observer. I think of the
• 14:02
  Speaker 7: Australian political landscape, it's really been the amazing shrinking ALBERSI
• 14:06
  Speaker 7: since the Voice to Parliament defeat. I think we'll look
• 14:09
  Speaker 7: back on that not only as a great victory, as
• 14:10
  Speaker 7: we head to the one year anniversary for the Australian
• 14:13
  Speaker 7: way of life and a reinforcement of equality, but also
• 14:16
  Speaker 7: as the nail and the coffin of the government and
• 14:18
  Speaker 7: potentially of the Prime Minister.
• 14:20
  Speaker 1: Albersi.
• 14:21
  Speaker 7: The speech that he gave on that night, on referendum night,
• 14:24
  Speaker 7: was one of the worst political speeches I've ever seen.
• 14:26
  Speaker 7: He didn't take responsibility. He blamed two things. He blamed
• 14:29
  Speaker 7: misinformation and he blamed Peter Dutton for why Australians voted no.
• 14:33
  Speaker 7: And things have only got worse since then. As we've
• 14:35
  Speaker 7: talked about Peter, this is not a government that is
• 14:39
  Speaker 7: looking out for the nation. It's a sectional government, not
• 14:41
  Speaker 7: a national government. It's more of a Whitlam government, not
• 14:44
  Speaker 7: a Hawk government. And it's a redistributionist government, not a
• 14:48
  Speaker 7: growth government. And so I think the Prime Minister has
• 14:51
  Speaker 7: failed to bring the nation with him. We're seeing this
• 14:53
  Speaker 7: with a negative gearing proposing potential changes, which is really
• 14:57
  Speaker 7: just an attack on aspirational mainstream Australians who want fi
• 15:00
  Speaker 7: financial security and they want to be able to get ahead,
• 15:02
  Speaker 7: they want upward economic mobility for themselves and their family.
• 15:06
  Speaker 1: So these aren't the top end of town.
• 15:08
  Speaker 7: These are coppers, teachers, nurses and someone that have an
• 15:11
  Speaker 7: investment property. Now, yes, if you've got ten of them
• 15:13
  Speaker 7: that are negatively geared, that should be looked at. But
• 15:16
  Speaker 7: when we're looking at one negatively geared property, this is
• 15:18
  Speaker 7: really just an attack on aspirational Australians.
• 15:22
  Speaker 2: Absolutely, it's a Marxist philosophy and you've got to add
• 15:26
  Speaker 2: in there, not just Whitlam, but Rudd, says Michael Costro.
• 15:28
  Speaker 3: I mean that's about as bad as it can get.
• 15:31
  Speaker 2: Last night, ABC che King Williams delivered the keynote address
• 15:34
  Speaker 2: at the Loewy Institute Media Award dinner.
• 15:37
  Speaker 3: This is a little of what he had to say.
• 15:40
  Speaker 16: The world is in the middle of a crisis of
• 15:42
  Speaker 16: mistrust of information. Our devices are awash with this fak news.
• 15:47
  Speaker 16: People are on edge about what is real and it
• 15:50
  Speaker 16: is producing a radical mistrust of mainstream news sources too.
• 15:56
  Speaker 2: So if you give me a break, fake news coming
• 15:59
  Speaker 2: from the chair of the ABC, Well, we know that
• 16:01
  Speaker 2: they docted footage about a war crimes investigation involving one
• 16:06
  Speaker 2: of our own who wears our uniform, and we've got.
• 16:09
  Speaker 3: No answers from this.
• 16:11
  Speaker 15: Well, we certainly don't have any answers Peter and the
• 16:15
  Speaker 15: investigation is underway. But it is interesting that the ABC
• 16:20
  Speaker 15: Managing Director David Anderson has previously said he will not
• 16:24
  Speaker 15: apologize to former soldier Heston Russell. And the ABC can
• 16:29
  Speaker 15: take an awfully long time to hold these investigations. This
• 16:33
  Speaker 15: could be months, could be years in the making. And
• 16:37
  Speaker 15: it is a shocking mistake, a shocking error and one
• 16:41
  Speaker 15: that the ABC it's absolutely damaged them and one that
• 16:45
  Speaker 15: they need to rectify pretty quickly because this is where
• 16:48
  Speaker 15: the public.
• 16:49
  Speaker 3: Loses trust in them. You are not wrong.
• 16:51
  Speaker 2: The Ministry of Appeals Tribunal our court system too reportedly
• 16:55
  Speaker 2: said to be inundated with appeals from international students looking
• 16:59
  Speaker 2: to overturn they're canceled or denied visa status. The Australian
• 17:03
  Speaker 2: reports the aat's already been swamped with applications to review
• 17:07
  Speaker 2: their visas and this can take years. Visas run through
• 17:11
  Speaker 2: the courts. It often ends up in the Federal Court
• 17:13
  Speaker 2: after the AAT.
• 17:14
  Speaker 3: As you know, Daniel.
• 17:17
  Speaker 2: Begs a question, how does someone here on a temporary
• 17:20
  Speaker 2: visa or sitting in India or wherever it might be,
• 17:23
  Speaker 2: trying to get a visa to.
• 17:24
  Speaker 3: Come to Australia.
• 17:25
  Speaker 2: If we say no, how do they get to use
• 17:28
  Speaker 2: our legal system to try and second guess a decision
• 17:32
  Speaker 2: of government.
• 17:35
  Speaker 7: Well, migration program is a joke, Peter. The government's not
• 17:39
  Speaker 7: in control of it. I mean basically, university set our
• 17:41
  Speaker 7: migration program. They've had carte blanche for a number of
• 17:45
  Speaker 7: years with no cap, no cap on the number of
• 17:47
  Speaker 7: students they can bring in. Now we'll give the Education
• 17:49
  Speaker 7: Minister Jason Clair some credit for imposing a cap. I'm
• 17:52
  Speaker 7: not convinced it's going to have much of an impact,
• 17:54
  Speaker 7: by the way, but you know, credit.
• 17:55
  Speaker 1: Where it's due. But it just goes to this bigger issue.
• 17:57
  Speaker 7: We have this unprecedented surge to micro the biggest surge
• 18:01
  Speaker 7: in our nation's population in our history, and there's all
• 18:04
  Speaker 7: these backdoor ways. Now that we're finding that the cap
• 18:08
  Speaker 7: that the government has said they're going to put on
• 18:09
  Speaker 7: can basically be circumvented through these visas being challenged in
• 18:13
  Speaker 7: the court system, it's going to get bogged down, as
• 18:15
  Speaker 7: you say, and I think it's just another example. If
• 18:17
  Speaker 7: you're a mainstream Australian out that you are getting poorer.
• 18:20
  Speaker 7: You are getting poorer every single month that goes by
• 18:23
  Speaker 7: in large part because of this unplanned mass migration program. Now,
• 18:27
  Speaker 7: we all want to be a welcoming and tolerant nation
• 18:29
  Speaker 7: and to have a well planned, managed program that is
• 18:31
  Speaker 7: in our national interests. But I've got to say, since
• 18:33
  Speaker 7: day one of this government, the program has been uncontrolled,
• 18:36
  Speaker 7: sending our nation backwards. And I think this is just
• 18:39
  Speaker 7: another example of a failed program.
• 18:44
  Speaker 2: I mean, Sophie, we can't send the foreign criminals home.
• 18:47
  Speaker 2: We're stuck with them in Australia. We've got them out
• 18:49
  Speaker 2: of detention in the community. The government's not even monitoring them.
• 18:53
  Speaker 2: These students, many of them are not here. Those that
• 18:55
  Speaker 2: are here only here temporarily. And we can't even as
• 18:58
  Speaker 2: a government or as a country, say sorry, we've changed
• 19:01
  Speaker 2: our mind. We're cutting these numbers back. We want you
• 19:04
  Speaker 2: to go home, and we're going to pay for it.
• 19:06
  Speaker 2: As we know Australians going through the court system dealing
• 19:09
  Speaker 2: with this a taxpayer funded legal cases.
• 19:11
  Speaker 3: I mean, I think it's outrageous.
• 19:13
  Speaker 15: Well, Peter, this is obviously a very important point of
• 19:16
  Speaker 15: difference for Peter Dutton and one that I think he
• 19:20
  Speaker 15: can win many votes by because Labour always runs scared
• 19:24
  Speaker 15: when it comes to these issues and they try and
• 19:27
  Speaker 15: divert away from it. So I think if he can
• 19:29
  Speaker 15: prosecute this point in the run up to the next election,
• 19:33
  Speaker 15: it could do him some favors at the polling boots.
• 19:37
  Speaker 2: Let's stay with the courts, we'll go to the Federal
• 19:39
  Speaker 2: court now in Melbourne Victorian opposition later John Perzuto conceded
• 19:43
  Speaker 2: that criticism from Daniel Andrews was a significant factor in
• 19:47
  Speaker 2: his moved to expel more redeeming. He's also admitted to
• 19:51
  Speaker 2: supplying former Victorian Premier Jeff Kennett with some of the
• 19:54
  Speaker 2: names of Liberal MPs giving evidence against him, so evidence
• 19:58
  Speaker 2: for deeming the trial ken it, later telling the Financial
• 20:02
  Speaker 2: Review that quote disloyal and perhaps even treacherous MPs would
• 20:07
  Speaker 2: be dealt with Daniel. You know the Victorian lives inside
• 20:10
  Speaker 2: out houses, playing out inside the party and publicly.
• 20:14
  Speaker 3: Do you think.
• 20:17
  Speaker 7: Was playing out very poorly? The party members that I
• 20:20
  Speaker 7: talk to want the party to be united. They want
• 20:24
  Speaker 7: it to be a party that's a voice of mainstream
• 20:26
  Speaker 7: Victorians and by extension, mainstream Australians, and for it to
• 20:29
  Speaker 7: be a mature alternative government with serious policy proposals to
• 20:33
  Speaker 7: take to the next election. Because everybody is aware of
• 20:36
  Speaker 7: how bad Victoria is. It is a state that is
• 20:39
  Speaker 7: getting broken economically, it's going backwards. The debt, I don't
• 20:43
  Speaker 7: know whether it's ever going to be repaid. There's many
• 20:45
  Speaker 7: other issues. So I think the overwhelming sentiment is to
• 20:49
  Speaker 7: unite the party and to win the next election, which
• 20:52
  Speaker 7: it is winnable. Is a tough ass, but it is
• 20:53
  Speaker 7: winnable with a good set of policies. I think the
• 20:56
  Speaker 7: other interesting point, Peter, is that it does show just
• 20:59
  Speaker 7: how browd beaten the leadership of the Victorian Liberals were
• 21:03
  Speaker 7: in response to Daniel Andrews very astute political attacks on them.
• 21:07
  Speaker 7: It was always a confected, unsubstantiated assertion about the Nazi
• 21:11
  Speaker 7: association with more redeeming in that protest that they had.
• 21:15
  Speaker 1: Yet they did the exact opposite.
• 21:17
  Speaker 7: They backed down when they should have muscled up and
• 21:19
  Speaker 7: taken the fight to Daniel Andrews and to the government.
• 21:22
  Speaker 7: And now this is playing out, probably for many many
• 21:25
  Speaker 7: more months.
• 21:28
  Speaker 3: You're not wrong.
• 21:28
  Speaker 2: I'll leave it there, horrid after the break, have a
• 21:31
  Speaker 2: lovely weekend, both of you. What it will actually mean
• 21:33
  Speaker 2: for the millions for the rental property if labor breaks
• 21:36
  Speaker 2: its promise and goes after negative gearing and capital gains
• 21:39
  Speaker 2: tax discounts, plus a view from some housing experts that
• 21:43
  Speaker 2: none of this will actually help first home buy as
• 21:45
  Speaker 2: long a term and.
• 21:46
  Speaker 3: Will hit renters hardest of all.
• 21:54
  Speaker 2: Welcome back still to come your research out today that
• 21:56
  Speaker 2: exposes the extent of activism on big corporate boards and
• 22:00
  Speaker 2: their desperation to pander to work causes rather than actually
• 22:04
  Speaker 2: get the best outcomes.
• 22:05
  Speaker 3: For shareholders or workers.
• 22:07
  Speaker 2: But first, I's returned to the potential hit impacting millions
• 22:10
  Speaker 2: that will come if labours breaks, labor breaks, its promises
• 22:13
  Speaker 2: on negative gearing and capital gains tax discounts for more
• 22:17
  Speaker 2: than this. Joined now by Shadow Housing Minister Michael Suka. Michael,
• 22:21
  Speaker 2: welcome to the program. We've had a messy couple of
• 22:24
  Speaker 2: days for the government, messy couple of days for the government,
• 22:28
  Speaker 2: the PM and the Treasurer though today are it pains
• 22:30
  Speaker 2: to say we're not looking to change the position, not
• 22:33
  Speaker 2: that they will, not that they won't, but they're not
• 22:35
  Speaker 2: looking to change the position on negative gearing and the
• 22:38
  Speaker 2: CGT discount. But given their history, why should people believe them?
• 22:42
  Speaker 2: And getting this worked up by Treasury, it just doesn't
• 22:46
  Speaker 2: happen by mistake, does it?
• 22:48
  Speaker 14: No, it doesn't.
• 22:50
  Speaker 17: I can tell you as a former Assistant Treasurer Peter,
• 22:53
  Speaker 17: the Treasury Department doesn't just go off and find work
• 22:56
  Speaker 17: for themselves where they haven't been asked to do so.
• 22:59
  Speaker 17: And secondly, let's be frank, we all know that if
• 23:01
  Speaker 17: Labor thought they could get away with increasing taxes and
• 23:05
  Speaker 17: abolishing negative gearing, increasing.
• 23:07
  Speaker 14: Housing taxes, they would do it.
• 23:09
  Speaker 17: In fact, nearly the entire Cabinet has argued in favor
• 23:14
  Speaker 17: of abolishing negative gearing and doubling capital gains tax on
• 23:18
  Speaker 17: housing in previous elections. So I think we all know
• 23:22
  Speaker 17: if they thought they could get away with it, they
• 23:24
  Speaker 17: would do it.
• 23:24
  Speaker 14: Yesterday we had the.
• 23:25
  Speaker 17: Bassical scenes of the Prime Minister saying he didn't even
• 23:28
  Speaker 17: know if the Treasurer had asked this. Prime Minister's slippery.
• 23:33
  Speaker 17: We've seen this horror movie before. If they think they
• 23:37
  Speaker 17: can get away with it, they'll do it, and our
• 23:40
  Speaker 17: job will be to make it very clear to Austrains
• 23:43
  Speaker 17: this would be devastating for millions of very ordinary Australians,
• 23:46
  Speaker 17: not the top end of town that Labor tries to
• 23:48
  Speaker 17: make our property investors out to be.
• 23:54
  Speaker 2: It's why the Prime Minister kicked out his tenant not
• 23:57
  Speaker 2: so long ago and has sold his investment property.
• 24:00
  Speaker 17: Well, it's pretty curious timing. If you look at who
• 24:04
  Speaker 17: owns investment properties in this country, the two of the
• 24:09
  Speaker 17: three largest categories are teachers and registered nurses. So this
• 24:13
  Speaker 17: idea that it's being used by the so called top
• 24:17
  Speaker 17: end of town is utterly false. And the point I've
• 24:20
  Speaker 17: been trying to make over the last twenty four hours, Peter,
• 24:24
  Speaker 17: to Australians, many of whom won't have realized this. If
• 24:27
  Speaker 17: you accept it, about a third of Australian's rent, and
• 24:30
  Speaker 17: I don't think anyone thinks that that's likely to change.
• 24:33
  Speaker 17: It's been at about a third for quite some time now.
• 24:36
  Speaker 17: The question is who do we want to own those homes?
• 24:39
  Speaker 17: Who do we want to be the landlords of those
• 24:42
  Speaker 17: third of Australians who rent. We think Australian Mum and
• 24:47
  Speaker 17: Dad investors are the right people to own those homes.
• 24:50
  Speaker 17: The Labor Party think that large foreign corporate funds should
• 24:54
  Speaker 17: be the ones who own those homes, and they've got
• 24:56
  Speaker 17: a bill in front of the Parliament as we speak,
• 24:58
  Speaker 17: Peter that needs to reduce taxes for foreign corporate funds
• 25:03
  Speaker 17: to own investment properties in Australia, and yet seemingly are
• 25:07
  Speaker 17: doing work to increase the taxes on mum and dad investors.
• 25:11
  Speaker 17: So fewer Australian mum and dads owning investment properties.
• 25:15
  Speaker 14: More foreign corporate funds to own them.
• 25:18
  Speaker 17: Because I think the Labor party is view now is
• 25:20
  Speaker 17: they want Austrains to rent forever and they want large
• 25:24
  Speaker 17: corporates owning those homes.
• 25:25
  Speaker 14: We're the opposite. We want astrains to own those homes.
• 25:28
  Speaker 17: And in the end, if you increase taxes on housing,
• 25:32
  Speaker 17: you'll have fewer homes built, you'll have higher rents, and
• 25:35
  Speaker 17: you'll have worse outcomes for all Austrains.
• 25:40
  Speaker 2: And we'll just to underscore that point you've made there
• 25:42
  Speaker 2: about renters. You've got experts out today, the Great Intitute
• 25:46
  Speaker 2: and Deloitte saying it's not going to have a big
• 25:48
  Speaker 2: impact in terms of reducing house prices. It might be
• 25:51
  Speaker 2: two to four percent, But Melbourne UNI says it's really
• 25:54
  Speaker 2: going to increase rents. It's going to hit those who
• 25:56
  Speaker 2: can least afford it. So this understan CAUs the point
• 26:01
  Speaker 2: why would you do it? Well, you do it perhaps
• 26:04
  Speaker 2: by a deal on the other side of an election
• 26:07
  Speaker 2: if you have to make an accommodation to the Greens
• 26:09
  Speaker 2: if you're in a hung parliament. But what's the likelihood
• 26:12
  Speaker 2: that they'll go through this campaign like they did in
• 26:15
  Speaker 2: twenty twenty two saying we've got no plans, we're not
• 26:17
  Speaker 2: going to touch stage three, do it anyway, go through
• 26:21
  Speaker 2: the election this time saying well, we're not going to
• 26:23
  Speaker 2: do any of this stuff on negative gearing, knowing that
• 26:25
  Speaker 2: they will if they have to on the other side.
• 26:30
  Speaker 14: Well, I think the timing is pretty curious.
• 26:33
  Speaker 17: There've been the confected fight between the Labor Party and
• 26:36
  Speaker 17: the Greens in the Senate.
• 26:37
  Speaker 14: The Greens have been using this as a demand to.
• 26:40
  Speaker 17: Pass legislation and would obviously be a pretty important chip
• 26:45
  Speaker 17: for Labor to bring to the table in order to
• 26:48
  Speaker 17: get the Greens support on the other side of an election.
• 26:50
  Speaker 17: And we've seen, as I said, this horror show before,
• 26:53
  Speaker 17: say one thing before an election, be self elected and
• 26:56
  Speaker 17: do is something very different afterwards. But to go back
• 27:00
  Speaker 17: to your analysis, Peter, the truth here is you would
• 27:04
  Speaker 17: see a spike in rents. That's why Paul Keating when
• 27:06
  Speaker 17: he abolished negative gearing quickly reversed course because we saw
• 27:10
  Speaker 17: a huge.
• 27:10
  Speaker 14: Spike in rents.
• 27:12
  Speaker 17: And secondly, in the long run, what you'll end up
• 27:14
  Speaker 17: seeing is worse affordability for first home buyers because, as
• 27:18
  Speaker 17: I said, if you want less of something, you tax
• 27:21
  Speaker 17: it more. If you want people to smoke less, your
• 27:23
  Speaker 17: tax tobacco. If you want people to build few irons
• 27:27
  Speaker 17: for first home buyers, you tax it more. And housing
• 27:30
  Speaker 17: is already one of the most highly taxed asset classes
• 27:33
  Speaker 17: in this country. The idea that the solution to Australia's
• 27:37
  Speaker 17: housing crisis, largely created by Labour's uncontrolled migration, his higher taxes,
• 27:43
  Speaker 17: is just farcical. So we'll be fighting it all the way, Peter,
• 27:47
  Speaker 17: and making very clear to the Australian people that if
• 27:51
  Speaker 17: you don't want higher taxes.
• 27:52
  Speaker 14: On housing, you've got to vote for the Coalition at
• 27:54
  Speaker 14: the next election.
• 27:57
  Speaker 2: Michael Sika, what do you make of comments made by
• 27:59
  Speaker 2: Peter Dalton the other day with Neil Mitchell that says,
• 28:02
  Speaker 2: you know, the Liberal Party in Victoria should be at
• 28:04
  Speaker 2: least ten points ahead of where they are now. They
• 28:07
  Speaker 2: should be doing as well in Victoria given how bad
• 28:10
  Speaker 2: the government is down here, as the L and P
• 28:12
  Speaker 2: is doing in Queensland. You're a long term Victorian, you're
• 28:15
  Speaker 2: doing well federally, but just struggle at a state level.
• 28:18
  Speaker 3: Why is that.
• 28:21
  Speaker 17: Well, of course I support what Peter said. I think
• 28:25
  Speaker 17: for any Victorian witnessing this train wreck of a labor
• 28:28
  Speaker 17: government we've got down here, I think it's you can
• 28:32
  Speaker 17: only conclude one thing, and that is that Victorians are
• 28:36
  Speaker 17: yearning to vote against this government and they need to
• 28:40
  Speaker 17: see a viable alternative. And I don't think you need
• 28:45
  Speaker 17: to be a rocket scientist to highlight that. You know,
• 28:50
  Speaker 17: this week, of all weeks is not one of those
• 28:53
  Speaker 17: times where our state team are putting their best foot forward.
• 28:56
  Speaker 17: And you know, if we look at what I hope,
• 28:59
  Speaker 17: well what many of us are hoping will happen in
• 29:01
  Speaker 17: Queensland in a matter of weeks with a change of government,
• 29:06
  Speaker 17: that's the sort of thing that we should be seeing
• 29:08
  Speaker 17: here in Victoria. And in the end, staying true to
• 29:13
  Speaker 17: our values, having courage fighting for the things that people
• 29:18
  Speaker 17: elect liberal governments to do takes a bit of courage
• 29:21
  Speaker 17: of times, but you've got to stand up to the government,
• 29:24
  Speaker 17: stand up to people like Daniel Andrews and Jacina Allen
• 29:28
  Speaker 17: show that courage and if you do, people will get
• 29:30
  Speaker 17: behind you, and I'm very hopeful that the State team
• 29:34
  Speaker 17: will do that in the lead up to the next selection.
• 29:39
  Speaker 3: Michael Suka, thank you for your time.
• 29:41
  Speaker 2: After the break, Why corporations are now more keen than
• 29:44
  Speaker 2: ever the virtual signal and join the woke bandwagon rather
• 29:47
  Speaker 2: than actually focusing on their key business objectives.
• 29:50
  Speaker 3: But we'll talk about not.
• 29:51
  Speaker 2: Just what's happening, but why why is it happening? Plus
• 29:55
  Speaker 2: the forty seven percent hiken our power wills that's on
• 29:58
  Speaker 2: its way as governments subsidies gets set to end. Still
• 30:07
  Speaker 2: to come, the Gucci green teals are on the attack
• 30:10
  Speaker 2: as Labor gives the green light to three coal mine extensions.
• 30:13
  Speaker 3: But first, new research from the think.
• 30:15
  Speaker 2: Tank the Center for Independent Studies that i'd encourage you
• 30:19
  Speaker 2: all to read. The paper's called the Rise of Activist
• 30:22
  Speaker 2: Corporations and it looks at the shift in business from
• 30:25
  Speaker 2: prioritizing shareholder value to initiatives that emphasize DEI diversity, equity
• 30:31
  Speaker 2: and inclusion. Of course, we saw this on steroids last
• 30:34
  Speaker 2: year with the Voice. The paper has been written by
• 30:36
  Speaker 2: Professor Peter Swan, who currently works in a School of
• 30:39
  Speaker 2: Banking and finance the University of New South Wales. I'm
• 30:42
  Speaker 2: pleased to say, Professor Swan joins me. Now, welcome to
• 30:45
  Speaker 2: the program. I've got to ask, when did you start
• 30:48
  Speaker 2: noticing this trick? Great to have your company. I feel
• 30:53
  Speaker 2: a bit like a boiling frog with this because it's
• 30:55
  Speaker 2: been there for some time, but it just seems like
• 30:58
  Speaker 2: the temperature on this stove has gone up. We're noticing
• 31:01
  Speaker 2: it everywhere, so so give us a sense of when
• 31:04
  Speaker 2: it started. Put it into a broader context about what's
• 31:07
  Speaker 2: happening in similar economies overseas as well, if you can.
• 31:11
  Speaker 14: Well.
• 31:12
  Speaker 9: I noticed it when most companies in Australia started preaching
• 31:17
  Speaker 9: to the global warming net zero HYMN sheet, and then
• 31:22
  Speaker 9: the banks intervene by saying, well, essentially, we know that
• 31:30
  Speaker 9: coal and fossil fuel energy is far far cheaper than
• 31:34
  Speaker 9: any other kind of renewable energy. Nonetheless, we will only
• 31:38
  Speaker 9: fund renewable energy. At that stage, I knew that Australia
• 31:45
  Speaker 9: was going to go from the lowest cost supplier of
• 31:48
  Speaker 9: electricity in the world, one of the lowest, to the
• 31:53
  Speaker 9: status it enjoys today with perhaps the highest cost. So
• 31:57
  Speaker 9: it's been remarkably bad transformation in recent years. And then
• 32:04
  Speaker 9: I noticed that companies we're going long paths which are
• 32:11
  Speaker 9: quite different from what their shareholds would have wanted. For example,
• 32:15
  Speaker 9: Woworth went ahead with losing three billion dollars on its
• 32:20
  Speaker 9: Master's hardware plan to compete with Bunnings. And this I
• 32:25
  Speaker 9: believe was because independent directors now dominate the boards of
• 32:30
  Speaker 9: woo Worth and just about every other Australian company.
• 32:35
  Speaker 2: So let me just jump in there, professor, let me
• 32:38
  Speaker 2: just jump in there. I want to know why they
• 32:40
  Speaker 2: are doing it, because we know when they went out
• 32:43
  Speaker 2: at Wilworth's a good example and band All that austraighted
• 32:45
  Speaker 2: day merchandise, huge backlash, a lot of consumers stayed away.
• 32:49
  Speaker 2: It would have hit their bottom line. It lost them.
• 32:52
  Speaker 2: Brad Banduci's we know that their CEO. There's a big
• 32:56
  Speaker 2: insto block, so a block of institutional investors that are
• 32:59
  Speaker 2: the union super funds in these companies. They're pulling the
• 33:02
  Speaker 2: chain of the board directors. I know that, we all
• 33:05
  Speaker 2: know that. But it's not driving value for shareholders, it's
• 33:09
  Speaker 2: driving customers away and it's upsetting workers. I mean there's
• 33:13
  Speaker 2: a report not so long ago that workers in these
• 33:16
  Speaker 2: companies are not supporting these DEI initiatives. So how do
• 33:20
  Speaker 2: we get our companies back?
• 33:23
  Speaker 9: Very hard to get our companies back. But let me say,
• 33:28
  Speaker 9: particularly in relation to the Voice, I think the companies
• 33:34
  Speaker 9: lost their way. They were no longer supported the Liberal
• 33:39
  Speaker 9: Party and would no longer support conservative causes. That left
• 33:44
  Speaker 9: them fairly isolated. They believe they could buy insurance. How
• 33:49
  Speaker 9: do they buy insurance by devoting all their activity and
• 33:53
  Speaker 9: shareholders funds to supporting the Labor Party and the Green
• 33:58
  Speaker 9: So they gave tens of millions of dollars to the
• 34:00
  Speaker 9: Voice to bring about a racist constitution. Conscious put these
• 34:08
  Speaker 9: vote yes stickers on its planes, and we saw this
• 34:14
  Speaker 9: great humbling of corporation bending to the Labor Party, believing
• 34:20
  Speaker 9: that they were protected. Having so one sidedly supported labor,
• 34:26
  Speaker 9: they thought they were safe. But of course this was
• 34:29
  Speaker 9: very bad.
• 34:29
  Speaker 3: But they were Labor went after them with ir.
• 34:32
  Speaker 9: Of course, of course not because once you've buried your
• 34:37
  Speaker 9: friends or your former friends and alienated conservative interests, who
• 34:43
  Speaker 9: turn around start attacking you. Labor and the Greens know
• 34:47
  Speaker 9: that you have no defense. No one will come to
• 34:50
  Speaker 9: your aid, and hence the Greens can propose a new
• 34:55
  Speaker 9: five hundred billion dollar a year tax on corporations to
• 34:59
  Speaker 9: eliminate capitalism entirely in Australia. Who's going to fight back
• 35:04
  Speaker 9: against that? Certainly not Labor and liberals are put to
• 35:10
  Speaker 9: one side.
• 35:12
  Speaker 3: They've justice just quickly, and I'm going to be out
• 35:15
  Speaker 3: of time. I I agree with you there.
• 35:18
  Speaker 2: We're finally seeing them actually going out publicly and speaking
• 35:20
  Speaker 2: against the government, the BCA and others. But so are
• 35:23
  Speaker 2: you saying that this is set in stone. We can't
• 35:26
  Speaker 2: turn this around, that our companies are going to become
• 35:29
  Speaker 2: more and more woke.
• 35:31
  Speaker 9: No, it's a self correcting mechanism. The ASX, through its policies,
• 35:38
  Speaker 9: have essentially denied this shareholders' control. So we now see
• 35:44
  Speaker 9: that private equity is growing twelve times as fast as
• 35:47
  Speaker 9: public equity, and public equity is largely disappearing around the world.
• 35:53
  Speaker 9: The number of listed companies in the US has halved
• 35:56
  Speaker 9: in recent years. They've got larger, but the numbers had
• 35:59
  Speaker 9: and nearly all the growth in world business is in
• 36:03
  Speaker 9: private equity because public equity is so discriminated against by
• 36:09
  Speaker 9: regulators in particular. So that's a self fulfilling prophecy, and
• 36:14
  Speaker 9: companies know they've done themselves so much harm through these
• 36:17
  Speaker 9: work policies go go broke. That's that's say. I think
• 36:24
  Speaker 9: they've learned their lesson and will turn around and behave
• 36:28
  Speaker 9: very differently in future.
• 36:31
  Speaker 2: I hope you are right, Professor Swan, Thank you all right.
• 36:35
  Speaker 2: All the mortgage cliff when people start to come off
• 36:37
  Speaker 2: fixed term mortgages, But what about the looming cliff we
• 36:40
  Speaker 2: are going to we are going to face when power
• 36:42
  Speaker 2: bills and the government subsidies with them come off. It's
• 36:46
  Speaker 2: reported today we could be looking at something like a
• 36:49
  Speaker 2: record breaking forty seven percent rise in out of pocket
• 36:53
  Speaker 2: expenses next year. Unlet's the government, state and federal continued
• 36:57
  Speaker 2: to subsidize our bills.
• 37:00
  Speaker 3: Environment editor at The Australian.
• 37:02
  Speaker 2: Graham Lloyd Well, I tell you what, all smiles from
• 37:05
  Speaker 2: the treasure on the back of that inflation drop the
• 37:07
  Speaker 2: other day, in part obviously driven by the power bill handouts.
• 37:12
  Speaker 2: But they're going to be dropping the ocean if our
• 37:15
  Speaker 2: bills go up next year by forty seven percent.
• 37:17
  Speaker 3: I mean people can barely put the heater on right now.
• 37:21
  Speaker 2: And I've got a problem anyway growing with government subsidizing
• 37:23
  Speaker 2: our bills, because that's our money. It's just one pocket
• 37:26
  Speaker 2: out of here going into one pocket in here.
• 37:28
  Speaker 3: But why is.
• 37:29
  Speaker 2: This forty seven percent pays spike cost spike, sorry on
• 37:35
  Speaker 2: its way?
• 37:36
  Speaker 3: What's happening? What's driving this?
• 37:40
  Speaker 12: Well, good evening, Peter. It was always a bit of
• 37:43
  Speaker 12: a too good to be true thing in the federal budget. Really,
• 37:47
  Speaker 12: the treasurer awarded people rebates on their power bills as
• 37:52
  Speaker 12: a cost of living measure, But the real trick was
• 37:56
  Speaker 12: to try and buy a lower inflation number so he
• 37:59
  Speaker 12: could get the Reserve Bank to lower rates in keeping
• 38:03
  Speaker 12: with the election cycle. Of course, it hasn't worked because
• 38:06
  Speaker 12: the Reserve Bank has seen straight through what was going on.
• 38:11
  Speaker 12: It's looking at a different inflation measure that hasn't changed.
• 38:15
  Speaker 12: But now the government stuck with this enormous bill where
• 38:18
  Speaker 12: it's subsidizing people's power bills. As you know, it's very
• 38:22
  Speaker 12: difficult to take a middle class welfare benefit away once
• 38:26
  Speaker 12: it's been imposed. But that is a decision next year
• 38:30
  Speaker 12: the government's going to have to make how they condition
• 38:33
  Speaker 12: people to lose that benefit. Really, it's part of a
• 38:38
  Speaker 12: bigger thing though. With electricity, we're seeing really a shift
• 38:42
  Speaker 12: from power bills onto consolidated revenue. So a lot of
• 38:46
  Speaker 12: the costs that are inherent in the electricity transition are
• 38:50
  Speaker 12: now being hidden among taxpayers, so not as visible.
• 38:56
  Speaker 3: We've got issues too.
• 38:57
  Speaker 2: I know in Victoria the feed in tariffic come off
• 39:00
  Speaker 2: solar panels for some people that are around sixty cents
• 39:04
  Speaker 2: now sixty cents, I think it's a killer killer. What
• 39:08
  Speaker 2: measure that's been in place for about fifteen years. Come
• 39:12
  Speaker 2: NOVEMBA that goes, I'll go from about sixty something sence
• 39:14
  Speaker 2: down to about four or five cents. That means the
• 39:18
  Speaker 2: power bills that have been cheap up until now they're
• 39:20
  Speaker 2: really going to spike.
• 39:24
  Speaker 14: Yes, they are.
• 39:25
  Speaker 12: People were encouraged to get into these solar panel schemes
• 39:31
  Speaker 12: subsidized rates on the infrastructure, and then a feeding tariff
• 39:35
  Speaker 12: that really reduced the monthly power bill. They have proved
• 39:39
  Speaker 12: over time to be unsustainable and they've been gradually lowered.
• 39:44
  Speaker 12: Of course, the cost of buying the panels in the
• 39:47
  Speaker 12: first place has reduced as well, so there's an argument
• 39:50
  Speaker 12: why the feeding tariffs shouldn't be so high. But certainly
• 39:55
  Speaker 12: the whole economics for power users is really getting less
• 40:00
  Speaker 12: less attractive, both in terms of providing for yourself or
• 40:04
  Speaker 12: buying from the utilities.
• 40:07
  Speaker 2: Grahamlo pank you have a lovely weekend. Goodness be if
• 40:11
  Speaker 2: it's not one thing is another coming out of way,
• 40:12
  Speaker 2: isn't it? Or after breakgain Another council has reverted back
• 40:16
  Speaker 2: to celebrating Australia Day on January twenty sixth, actually listening
• 40:20
  Speaker 2: to a majority of their residents will keep it up,
• 40:23
  Speaker 2: people powers working. I was even Peter Dutton now calling
• 40:26
  Speaker 2: for the embattled University of City VC to go. How
• 40:30
  Speaker 2: long can Mark Scott and his chancellor now the calls
• 40:33
  Speaker 2: for him to go as well? How long can they
• 40:35
  Speaker 2: hold on? Welcome back, Let's bring my panels straight away,
• 40:43
  Speaker 2: Pauline Hanson's wah Pauline Hanson's chief of staff James Ashpiirz.
• 40:47
  Speaker 2: I was going to remember your seat that you're running
• 40:49
  Speaker 2: for in a moment, but I'll come back to you
• 40:50
  Speaker 2: on that James and broadcaster Lucy Zelig, Well, welcome to
• 40:53
  Speaker 2: the program, Lucy. The City of Rockingham, this is in
• 40:57
  Speaker 2: w WA, just southwest of Perth, has become the latest
• 41:00
  Speaker 2: local councils who overturned a decision to scrap Austraighted Day celebrations.
• 41:05
  Speaker 2: Now in May last year they were moving them away
• 41:08
  Speaker 2: from January twenty sixth, But overnight they've reversed that decision
• 41:12
  Speaker 2: following a survey which found a majority of surprises here
• 41:15
  Speaker 2: not me, the majority of people wanted it back. On
• 41:19
  Speaker 2: the twenty six one of their counselors, Peter Hudson, told
• 41:22
  Speaker 2: six PR Radio he doesn't think that local councils should
• 41:25
  Speaker 2: even have a say on Australia Day.
• 41:29
  Speaker 10: It's a matter of national pride and it is a
• 41:31
  Speaker 10: national day. So if we're going to have a public
• 41:33
  Speaker 10: holiday which is celebrated across the country, then in my
• 41:37
  Speaker 10: view of every state and territory and the subsequent local
• 41:39
  Speaker 10: government areas should all celebrate the national day on Australia Day.
• 41:43
  Speaker 10: And there was a feedback that I had reflected to
• 41:46
  Speaker 10: me even.
• 41:46
  Speaker 3: In person, Lucy.
• 41:49
  Speaker 2: First it was only in Adelaide, now it's Rockingham in Perth.
• 41:52
  Speaker 2: Are we seeing a bit of a fight back here
• 41:53
  Speaker 2: for common sense?
• 41:56
  Speaker 18: We are seeing a fight back for common sense, Peter.
• 41:58
  Speaker 11: And you actually described it before you through to the
• 42:00
  Speaker 11: commercial break about people power, and I think that's something
• 42:03
  Speaker 11: that's largely missing from a lot of these conversations. You know,
• 42:06
  Speaker 11: when you speak to the everyday person, they're all in
• 42:09
  Speaker 11: agreeance that. You know, we're so confused as to the
• 42:11
  Speaker 11: time and the point in our history when it became
• 42:14
  Speaker 11: a crime to be a patriot. When did it become
• 42:17
  Speaker 11: problematic to be proud to be Australian? Why did we
• 42:21
  Speaker 11: have supermarkets pulling Australian flags from shelves and effectively demonizing
• 42:25
  Speaker 11: anybody that just wanted to ignite their love and passion
• 42:29
  Speaker 11: for this country, which is what Australia Day is about.
• 42:33
  Speaker 11: Now it's reverted to something else entirely, and we've started
• 42:36
  Speaker 11: to see a lot of councils and people start to
• 42:39
  Speaker 11: really demonize people and put them into this box of
• 42:42
  Speaker 11: being problematic for wanting to celebrate the country and being
• 42:45
  Speaker 11: proud of being Australian.
• 42:47
  Speaker 18: I certainly am a proud Australian.
• 42:48
  Speaker 8: You know, I'm the.
• 42:49
  Speaker 11: First generation daughter of immigrants who legally came to this
• 42:52
  Speaker 11: country in nineteen sixty eight. My father bought it a
• 42:54
  Speaker 11: boat and loves everything that Australia has to offer.
• 42:57
  Speaker 18: This is what this day is about. It's disappointing that
• 43:01
  Speaker 18: we're in a.
• 43:01
  Speaker 11: Situation where councils have had to now put out votes
• 43:05
  Speaker 11: and you know, to have the community use their voices
• 43:08
  Speaker 11: and raise them up to say, hey, we don't agree
• 43:11
  Speaker 11: with this decision, right, But I'm proud of the fact
• 43:13
  Speaker 11: that they have moved to listen to their counsels and
• 43:17
  Speaker 11: to listen to their constituents. But the fact that it
• 43:19
  Speaker 11: got to this in the first place is really largely
• 43:22
  Speaker 11: very disappointing. One of the key things that I'll make
• 43:24
  Speaker 11: as a final point on this is that the majority
• 43:27
  Speaker 11: of the indigenous respondents seven percent of them were Indigenous.
• 43:30
  Speaker 18: The majority of them agreed that they would like to.
• 43:33
  Speaker 11: Keep it on January twenty six, right, So who is
• 43:36
  Speaker 11: this appeasing? Is this just the woe agenda and our
• 43:39
  Speaker 11: politicians deciding to tick a box and say no, we
• 43:42
  Speaker 11: can't celebrate it.
• 43:43
  Speaker 18: On Australia Day. What are our indigenous communities saying about it?
• 43:46
  Speaker 9: Right?
• 43:46
  Speaker 11: And we know that this is a pretty divisive issue,
• 43:49
  Speaker 11: but let's start listening to the people.
• 43:50
  Speaker 18: And I'm glad that this is something that's happened in
• 43:52
  Speaker 18: this instance.
• 43:55
  Speaker 2: Well, you're not wrong, And I think coming out of
• 43:57
  Speaker 2: the Voice last year, we've all found our own voice.
• 44:00
  Speaker 2: I think we've all got a little bit braver in
• 44:02
  Speaker 2: barbecues and talk back radio wherever it might be to
• 44:04
  Speaker 2: speak our mind your boss. I have to say, James
• 44:08
  Speaker 2: Ashby has always spoken her mind. I mean she really
• 44:11
  Speaker 2: gave it to Chris Kenny last night on this point.
• 44:13
  Speaker 3: Let's have a listen.
• 44:19
  Speaker 5: Are you convinced that these welcomes to country before big
• 44:21
  Speaker 5: games are a good idea?
• 44:23
  Speaker 19: Yeah, look, I think they are. I think they really
• 44:26
  Speaker 19: set a good tone and Uncle Colin will be doing
• 44:29
  Speaker 19: it on Saturday afternoon at the Grand Final. I think
• 44:32
  Speaker 19: it's something though that will continue to do. We've been
• 44:35
  Speaker 19: doing it for a while.
• 44:36
  Speaker 3: And but why, I mean, what's the justification.
• 44:38
  Speaker 19: Well, I think it's because we want to be a
• 44:41
  Speaker 19: competition and that's inclusive and makes people welcome, and I
• 44:45
  Speaker 19: think it actually sets the tone for the game.
• 44:50
  Speaker 20: I think it's divisive. I'm offended by it. I'm sick
• 44:53
  Speaker 20: of hearing about it. I think it's tokenistic and it
• 44:56
  Speaker 20: was actually not a common thing at the time. The
• 45:00
  Speaker 20: tribes fought with each other, they didn't welcome each other
• 45:03
  Speaker 20: to the.
• 45:03
  Speaker 2: Country before we played to your boss there, James, I
• 45:08
  Speaker 2: played a grab from this morning from three AW radio.
• 45:11
  Speaker 2: This is the head of the AFL now the new
• 45:13
  Speaker 2: head Andrew Dylan really pushed on that display we saw
• 45:17
  Speaker 2: in Wasowa in Brisbane a couple of weeks ago.
• 45:20
  Speaker 3: That's got everyone so fired up.
• 45:22
  Speaker 2: I think that's got under your boss's skin. It's got
• 45:24
  Speaker 2: in the my skin. I got unto Tony Abbott's skin
• 45:26
  Speaker 2: last night. I mean, if it's at an indigenous event, fine,
• 45:30
  Speaker 2: sparingly fine. I have no truck with acknowledgments. I'll accept
• 45:34
  Speaker 2: the occasional welcome to country, but none at the footy,
• 45:37
  Speaker 2: not when we land a plane, you know, Not when
• 45:39
  Speaker 2: I get in a lift, not when I open a website,
• 45:41
  Speaker 2: which has happening now more and more. This is where
• 45:44
  Speaker 2: I think Australians are saying we have had enough.
• 45:49
  Speaker 21: Well, I'll give one commitment on your show and I'll
• 45:51
  Speaker 21: hopefully follow through if I'm elected here in Keppel Peter,
• 45:54
  Speaker 21: I will never give a welcome to country. I don't
• 45:57
  Speaker 21: care what the event is. I will never give one.
• 45:59
  Speaker 21: And people are sick to death of it. As for
• 46:01
  Speaker 21: the AFL, before you know what bothers me about these
• 46:05
  Speaker 21: welcome to countries. If they're so important to these indigenous
• 46:09
  Speaker 21: people to welcome you to their so called land, why
• 46:11
  Speaker 21: are you asking to be paid? Why do you want
• 46:14
  Speaker 21: money for this it's never going to end. You know,
• 46:16
  Speaker 21: we've given six point seven million hectares here in Queensland
• 46:20
  Speaker 21: to Indigenous people since the nineteen ninety one Aboriginal Land
• 46:23
  Speaker 21: Act was passed. Then on top of that we learned
• 46:26
  Speaker 21: since the Voice we've got seventy two of these native
• 46:29
  Speaker 21: title claims underfoot.
• 46:31
  Speaker 1: Here in Queensland.
• 46:32
  Speaker 21: We celebrate so many different Indigenous days, weeks, sorry days,
• 46:37
  Speaker 21: we just don't seem to give up on it, and
• 46:40
  Speaker 21: it's never enough. The Australian people have had a gupful
• 46:42
  Speaker 21: of it. They sent a very clear message in October
• 46:45
  Speaker 21: last year and said no, we don't want the division.
• 46:48
  Speaker 21: I feel extraordinarily sorry for the Indigenous people who don't
• 46:51
  Speaker 21: want this as much as you and I, but there
• 46:53
  Speaker 21: is just this small group of people it doesn't matter.
• 46:56
  Speaker 21: It's the Greens, the Cannabis Party, were behind trying to
• 46:59
  Speaker 21: get that pushed over there and wa to get rid
• 47:01
  Speaker 21: of Australia day.
• 47:02
  Speaker 1: Shame on them, Shame on the Greens, and shame on.
• 47:04
  Speaker 21: All of these political parties who continue to foster division
• 47:09
  Speaker 21: in this country and in particular here in Queensland, where
• 47:12
  Speaker 21: we've now got this hearing for the next three years
• 47:16
  Speaker 21: into truth telling because the Liberal National Party and Labor
• 47:20
  Speaker 21: passed treaty legislation in the state. It's disgusting that it's happening.
• 47:24
  Speaker 21: It's all it's leading to is greater division and reparations.
• 47:28
  Speaker 1: That's what we can look forward to.
• 47:32
  Speaker 2: I like the idea of all candidates putting out their
• 47:34
  Speaker 2: position on welcomes to country before people vote. Very a
• 47:37
  Speaker 2: good precedent there, James well done. Internal documents the University
• 47:42
  Speaker 2: of Sydney had cast down on whether officials acted on
• 47:45
  Speaker 2: warnings they got about the presence of his Bertia at
• 47:48
  Speaker 2: these pro Palestinian encampments that were there. The Australians reporting
• 47:52
  Speaker 2: that emails obtained under FOI laws don't mention the extremist
• 47:56
  Speaker 2: group until the nine newspapers published a report in jured.
• 48:00
  Speaker 3: Now.
• 48:00
  Speaker 2: This is despite the fact that the Vice Chancellor told
• 48:03
  Speaker 2: the New South Wales Budget estimates that the UNI had
• 48:06
  Speaker 2: acted on warnings from early in May. Now Peta and
• 48:10
  Speaker 2: Darton didn't mince his words on Ray Hadley about this today.
• 48:13
  Speaker 3: Have a listen.
• 48:15
  Speaker 4: I think both then Scott and David thirty should resign.
• 48:18
  Speaker 4: If they had any shred of integrity, they would have
• 48:22
  Speaker 4: resigned by now. Both men were aware of the situation,
• 48:24
  Speaker 4: even though they might deny it, and I don't think
• 48:26
  Speaker 4: their positions are tenable.
• 48:30
  Speaker 2: Pretty forceful language there, Luciu I and Hissbertterreo doesn't get
• 48:33
  Speaker 2: any worse than that. I put them in the category
• 48:35
  Speaker 2: of Hamas and others. Surely we've got to do better here,
• 48:38
  Speaker 2: particularly as we get close to October seven and the
• 48:41
  Speaker 2: one year anniversary.
• 48:43
  Speaker 18: It's really devastating, Peter.
• 48:44
  Speaker 11: I think you know that we've ended up in a
• 48:46
  Speaker 11: situation like this week, have a university that's effectively bowing
• 48:49
  Speaker 11: down to a terrorist group. Let's remind people that they
• 48:52
  Speaker 11: are a prescribed terrorist group by various nations around the world.
• 48:56
  Speaker 18: If you belong to or express support for his Woods
• 48:59
  Speaker 18: to Talk, you could.
• 49:00
  Speaker 11: Face fourteen years in prison or fines in the UK,
• 49:03
  Speaker 11: for example. So why it's not being recognized as a
• 49:06
  Speaker 11: terror group in Australia is certainly quite concerning as one point.
• 49:10
  Speaker 11: But I agree with Peter Dutton there they should be
• 49:13
  Speaker 11: resigning if you don't have an obligation and a duty
• 49:16
  Speaker 11: of care to your students there at the university, Because
• 49:18
  Speaker 11: what the spokeswoman for the University of Sydney is effectively
• 49:21
  Speaker 11: saying is well, and I'm paraphrasing, well, this isn't our problem.
• 49:24
  Speaker 14: It's not us too.
• 49:25
  Speaker 11: It's not to us to determine which groups are radicalized
• 49:29
  Speaker 11: or extremists.
• 49:30
  Speaker 18: But hang on a minute. You do have an objective
• 49:32
  Speaker 18: and a duty of care to your students.
• 49:33
  Speaker 11: What we've seen since October seven is an extreme rise
• 49:36
  Speaker 11: in anti semitism. You've seen students demonized, You've seen them,
• 49:40
  Speaker 11: you know, feeling and fearing for their lives. Some of
• 49:42
  Speaker 11: these students are in fact considering transferring, and nineteen percent
• 49:46
  Speaker 11: of them aren't even turning up to classes anymore because
• 49:49
  Speaker 11: of the riot artist.
• 49:50
  Speaker 3: We've got to jump in.
• 49:52
  Speaker 2: Couldn't agree with you more, couldn't agree with you more.
• 49:55
  Speaker 2: Both have a terrific weekend. I'll see you next week.
• 49:58
  Speaker 2: That's EF mate,