Transcript

Credlin | 29 June · Credlin

0:02
Speaker 1: Peter Live on Sky News Australia.
0:07
Speaker 2: Well, good evening and welcome to the program. I'm Jamie Rodgers.
0:11
Speaker 3: Filling in for Peter Kredlin coming up tonight.
0:15
Speaker 2: Labor has clawed back support in the latest News poll
0:19
Speaker 2: to now lead one nation. What's the poll showing for
0:22
Speaker 2: the Liberal Party? Well, employers are warning that up to
0:26
Speaker 2: four hundred thousand small business owners could be hit by
0:29
Speaker 2: Labour's proposed changes to trusts. Australia has signed a defense
0:34
Speaker 2: agreement with Vanawatu. What does this mean for our national security?
0:39
Speaker 2: And as auction clearance rates plummet to the lowest level
0:42
Speaker 2: of more than five years, the government is facing increasing
0:46
Speaker 2: pressure over its first home buyer scheme.
0:50
Speaker 1: Does the Minister know how many first home buyers now
0:53
Speaker 1: owe more money than their home is worth?
0:57
Speaker 4: This is a variation on a question that I've now been.
1:00
Speaker 5: Us multiple times and I'm not changing my answer.
1:05
Speaker 2: But first, today's News poll has been billed as a
1:08
Speaker 2: comeback for Labor. I think it's something else entirely because
1:13
Speaker 2: today's poll tells us one thing. The Conservative vote isn't disappearing,
1:18
Speaker 2: It just remains divided.
1:20
Speaker 3: Labor has edged.
1:22
Speaker 2: Back in front to thirty three percent, despite lying to
1:25
Speaker 2: voters about their tax changes. One Nation has slipped slightly
1:30
Speaker 2: to twenty nine percent, yet the Coalition remains stuck on
1:34
Speaker 2: just seventeen percent. Shadow Treasurer Tim Wilson said he isn't
1:39
Speaker 2: focused on the polls.
1:41
Speaker 6: I think it is a complete distraction. We need to
1:43
Speaker 6: make sure that we're ending the corruption, we're stopping inflation,
1:48
Speaker 6: and what we need is a government that is focused
1:50
Speaker 6: on the blue liberal horizon of hope.
1:54
Speaker 3: And he's right.
1:55
Speaker 2: Oppositions don't win elections by chasing the latest poll. They
2:00
Speaker 2: by earning back the trust of voters. And that's exactly
2:04
Speaker 2: the point that Angus Taylor made on two GB this morning.
2:08
Speaker 7: Australians felt the government got too big, too heavy, too
2:10
Speaker 7: close to their daily lives, and we needed to come
2:14
Speaker 7: out of COVID with a strong plan to pair back
2:20
Speaker 7: on both spending and the role of government in people's lives.
2:23
Speaker 7: And I think that is well I accepted on our
2:27
Speaker 7: side of politics now, but that did breache trust.
2:32
Speaker 2: The concern for the Coalition is the support that moved
2:35
Speaker 2: from one nation didn't return to them.
2:38
Speaker 3: Now, before anyone.
2:39
Speaker 2: Rushes to write off Angus Taylor, let's inject a bit
2:42
Speaker 2: of perspective. Did anyone seriously expect a new opposition leader
2:47
Speaker 2: to turn around the fortunes within a matter of months
2:50
Speaker 2: After the disastrous election result, New leader Susan Lee spent
2:54
Speaker 2: nine months on a listening tour, wasting the opportunity to
2:58
Speaker 2: show the Liberals the strong alternative and instead it gave
3:03
Speaker 2: one nation the space to grow and fill the void.
3:07
Speaker 2: Angus Taylor said, the political really build takes time.
3:11
Speaker 7: It's going to take time because people need to rebuild
3:14
Speaker 7: trust in their coalition, in a Liberal Party, in the
3:17
Speaker 7: National Party that has breech trust.
3:21
Speaker 2: But what's interesting about the Redbridge Pole. Both Hanson and
3:24
Speaker 2: Taylor are more popular there. Anthony Albanezi his net favorability
3:29
Speaker 2: is minus eighteen percent. So this isn't simply about personalities,
3:34
Speaker 2: It's about political strategy. Former Nationals leader David little Proud said,
3:38
Speaker 2: Angus Taylor is the right person to lead the party.
3:42
Speaker 8: I think what Angus Taylor has done has been able
3:45
Speaker 8: to be able to stabilize the team and the Liberal
3:48
Speaker 8: Party and being able to make sure that we put
3:51
Speaker 8: that foundation block around policy because let's be honest, they
3:55
Speaker 8: didn't have policies for ten months. The only ones they
3:57
Speaker 8: had with the five that the National Party had fought for.
3:59
Speaker 8: So it's important now and the opportunity sits there for
4:01
Speaker 8: Angus to be able to grab and I think he will.
4:05
Speaker 8: I have great confidence. I think he's laid down our values.
4:08
Speaker 8: Now it's about the meat on the bone.
4:11
Speaker 2: And miss little Prowd's right, this is the opportunity to
4:14
Speaker 2: grab with both hands. Here's a number that every conservative
4:18
Speaker 2: should be looking at. This poll asked why they support
4:22
Speaker 2: One Nation and thirty eight percent said they understand people
4:26
Speaker 2: like me, and compare that with just fourteen percent of
4:30
Speaker 2: Labor and thirteen percent for the coalition. So just think
4:33
Speaker 2: about that for a moment. This isn't just about policy.
4:37
Speaker 2: It's about connection. It's about whether Australians believe a political
4:41
Speaker 2: party understands their lives, their frustrations and their priorities. And
4:46
Speaker 2: that's why this matters. If you combine the Coalition and
4:50
Speaker 2: One Nation votes, you're looking at around forty seven percent
4:53
Speaker 2: of that primary vote in the poll.
4:55
Speaker 3: So the support is there.
4:57
Speaker 2: The challenge is bringing enough of it to get If
5:01
Speaker 2: the Coalition wastes time attacking each other and attacking one
5:05
Speaker 2: Nation or continuing to talk about themselves the only winner
5:09
Speaker 2: is the Albanese government. History shows governments are rarely defeated
5:14
Speaker 2: by one party acting alone. They're defeated when a broader
5:17
Speaker 2: political movement works together towards a common objective. Now, that
5:22
Speaker 2: doesn't mean merging, and it doesn't mean abandoning principles. It
5:26
Speaker 2: means recognizing political reality. Today's poll shouldn't start another argument
5:31
Speaker 2: on the right. It should end one. The conservative vote
5:35
Speaker 2: is there and the opportunity is there. The only question
5:39
Speaker 2: now is whether the center right is prepared to unite
5:43
Speaker 2: enough to earn government again. Or Labour came to offers
5:51
Speaker 2: promising a government of integrity, no roots, no job for mates,
5:56
Speaker 2: no special deals. So why is the Senate this week
6:00
Speaker 2: debating legislation that could allow billions of taxpayer dollars to
6:05
Speaker 2: be steered towards companies simply because they've signed union enterprise agreements.
6:11
Speaker 2: The government says it's a technical bill, one designed to
6:15
Speaker 2: help the Fair Work Commission deal with a growing workload,
6:18
Speaker 2: But buried inside is a provision that goes much further.
6:22
Speaker 2: It creates an exemption under discrimination law, allowing the Commonwealth
6:27
Speaker 2: to give preference to businesses with union enterprise agreements when
6:31
Speaker 2: awarding government support. Now we're not talking about small change.
6:36
Speaker 2: The Minerals Council says the exemption could apply to around
6:40
Speaker 2: fifty billion dollars worth of contracts, grants, tax credits.
6:44
Speaker 3: And industry assistance.
6:46
Speaker 2: Deputy Liberal Leader Jane Hume didn't mince her words.
6:49
Speaker 9: It risks in bedding a national attax, essentially a national
6:54
Speaker 9: union tax through procurement. It's exactly what's happened in Victoria.
6:59
Speaker 9: It's executly what's in the ac tooth, exactly what's happening
7:01
Speaker 9: in Queensland that has allowed the corruption on nom use
7:06
Speaker 9: sites to flourish.
7:09
Speaker 2: Now, whether you agree with Jane's Hume or not, here's
7:12
Speaker 2: the question every Australian should be asking. Why should a
7:16
Speaker 2: company's relationship with a union have anything to do with
7:20
Speaker 2: whether it receives taxpayer funded support. Shouldn't the best project win,
7:25
Speaker 2: shouldn't value for money come first, because we've seen what
7:28
Speaker 2: happens when governments start rewarding businesses based on industrial relationships
7:34
Speaker 2: rather than merit. Victoria's Watson Inquiry found similar arrangements contributed
7:39
Speaker 2: to around fifteen billion dollars in additional infrastructure costs, an
7:44
Speaker 2: uncovered widespread corruption within the construction industry. Queensland experimented with
7:50
Speaker 2: comparable policies. CEO Minerals Council Tanya Constable has written to
7:55
Speaker 2: all Senators urging them to oppose the bill, warning it
8:00
Speaker 2: would lead to corrupt conduct and a vast waste of
8:03
Speaker 2: taxpayers money. The risks of such an approach are evident
8:07
Speaker 2: in the numerous examples of waste and corrupt conduct that
8:11
Speaker 2: have resulted where such policies were applied to a government
8:14
Speaker 2: funded construction projects by state governments in Queensland and Victoria.
8:20
Speaker 2: Now that's not the opposition making that argument, it's one
8:23
Speaker 2: of Australia's largest industry groups. The government insists nothing is
8:28
Speaker 2: being forced, that ministers simply have the discretion to take
8:32
Speaker 2: enterprise agreements into account. Once governments are given broad discretion
8:37
Speaker 2: to reward some businesses over others, public confidence depends on
8:41
Speaker 2: one thing transparency. Australian Chamber of Commerce and Industry Chief
8:47
Speaker 2: executive Andrew mckeller says these sorts of policies risk driving
8:52
Speaker 2: up costs on taxpayer funded projects, whether it's in defense, energy,
8:57
Speaker 2: national infrastructure or any other sector. Allowing unions to run
9:02
Speaker 2: rampant in taxpayer funded projects is a recipe for disaster.
9:07
Speaker 2: In practice, this legislation means any business owner who wants
9:11
Speaker 2: to bid for government work must go cap in hand
9:14
Speaker 2: to a union to secure an agreement. Labour promised a
9:19
Speaker 2: different style of government.
9:21
Speaker 10: Australians to place their trust in our new Labor government,
9:26
Speaker 10: and I thank them for it. We are determined to
9:29
Speaker 10: repay that trust by demonstrating a commitment to transparency and integrity.
9:37
Speaker 2: Well, if these decisions will genuinely deliver better value for taxpayers,
9:42
Speaker 2: then publish the criteria. Show Australians exactly how companies will
9:46
Speaker 2: be assessed. Let the public see who benefits and why.
9:50
Speaker 2: Because if there's nothing to hide, there should be nothing
9:54
Speaker 2: to fear from transparency. Well, I's said to Canberra Now.
10:01
Speaker 2: For tonight's political headlines were Sky News political reporter Ruben Spargo.
10:06
Speaker 11: Good Evening Liberal frontbencher Melissa Macintosh is calling on her
10:10
Speaker 11: party to rebrand. Support for the Coalition is sinking to
10:13
Speaker 11: a record low. The latest News poll has its primary
10:17
Speaker 11: vote at seventeen percent.
10:19
Speaker 12: I'm putting myself out on a limb a little bit.
10:21
Speaker 12: I think it's time for the Liberal Party to rebrand.
10:23
Speaker 10: She went on to say we need to get some
10:25
Speaker 10: experts in I just was inspired by Sky News.
10:29
Speaker 11: Labor is bouncing back in the polls as Pauline Hansen's
10:32
Speaker 11: One Nation also takes a hit. Australia is strengthening its
10:36
Speaker 11: relationship with Vanuatu under a new security agreement as China
10:41
Speaker 11: seeks to influence the Pacific. Vanuatu walked away from the
10:45
Speaker 11: original Nakamal agreement ten months ago citing sovereignty concerns. A
10:50
Speaker 11: water downpact has now been inked.
10:53
Speaker 10: We think this is an appropriate agreement that is a
10:58
Speaker 10: recognition of sovereignty.
11:00
Speaker 11: The visit by van Uwachu's Prime minister seemingly started off
11:03
Speaker 11: tense going going. The third round of submissions at the
11:10
Speaker 11: Royal Commission into Anti Semitism and Social Cohesion is underway
11:14
Speaker 11: in Sydney. The Commission is hearing evidence on anti semitism
11:18
Speaker 11: online and in the media. One witness described the online
11:22
Speaker 11: abuse he faced after surviving the Bondai.
11:25
Speaker 8: Attack almost immediately and influx of hate.
11:30
Speaker 11: Pressure is mounting on federal ministers responsible for counter terrorism
11:34
Speaker 11: policy and funding to appear.
11:37
Speaker 3: All right, let's bring in the panel now.
11:39
Speaker 2: Sky News contributor Carolie Katz and Varnas and former Liberal
11:43
Speaker 2: MP Nicole Flint. Nicole, I'll start with you and today's
11:48
Speaker 2: news poll.
11:49
Speaker 3: Are you surprised to see that.
11:50
Speaker 2: Labour's primary increased while one Nation and the Coalition went backwards?
11:56
Speaker 1: Look, Jamie, I think this is well within the margin
11:59
Speaker 1: of air in any poll. Yes, I'm a little bit surprised,
12:04
Speaker 1: because who on Earth is wanting to vote for Labor
12:07
Speaker 1: at the moment?
12:07
Speaker 13: I mean, I may only.
12:09
Speaker 1: Assume that perhaps it's people who are coming here as migrants,
12:13
Speaker 1: or people have become permanent residents, perhaps people on the door,
12:16
Speaker 1: maybe the people who are scamming the NDIS. Because I
12:18
Speaker 1: can tell you who is not voting for labor and
12:21
Speaker 1: will not be. It's all of us small business community.
12:24
Speaker 1: It's people who have family trusts set up to protect
12:27
Speaker 1: their business, which are usually farmers and mechanics and hairdressers,
12:31
Speaker 1: you know, genuine small businesses.
12:34
Speaker 13: And also people.
12:35
Speaker 1: Who are not voting for labor. Mum and Dad investors
12:38
Speaker 1: who are now negative gearing and CGT exposed, and their
12:43
Speaker 1: entire future retirement income, which is usually based on one
12:48
Speaker 1: or two investment properties to look after them and their
12:51
Speaker 1: children is at risk thanks to this appallingly bad labor government.
12:56
Speaker 2: Well Carolyn Melissa McIntosh said on Sky News this morning
13:00
Speaker 2: that the Liberal Party needs a reband Take a listen.
13:04
Speaker 12: I'm putting myself out on a limb a little bit.
13:05
Speaker 12: I think it's time for the Liberal Party to rebrand itself.
13:10
Speaker 12: Some people think that we're stuck in the past and
13:12
Speaker 12: our policies need to resonate with the Australia of today
13:17
Speaker 12: and the future. So I think it'd be really good
13:19
Speaker 12: time for us to revisit our values, what we stand
13:22
Speaker 12: for and the way we project ourselves to Australians.
13:25
Speaker 2: And Carolee, the Prime Minister, had a field day with
13:28
Speaker 2: that through our question time today. But I think Melissa
13:31
Speaker 2: is right. But it's also more. They need to be
13:34
Speaker 2: a bit more agile. And a perfect example is what
13:37
Speaker 2: James Ashby did with that fire the Liar campaign, because
13:40
Speaker 2: anyone could have picked that up. Peter Credlin shared it
13:42
Speaker 2: on air and it was James Ashby. He heard it
13:45
Speaker 2: on Monday night and by Wednesday it was everywhere. So
13:48
Speaker 2: I think for the Liberal Party it's more, Hey, be agile,
13:51
Speaker 2: be quick with different things. Let's not be slow in
13:55
Speaker 2: coming out with policies or social media.
13:57
Speaker 3: What are your thoughts.
14:00
Speaker 5: Yeah, good evening, Jamie and Nicole. I don't think the
14:02
Speaker 5: Liberal Party does need to rebrand, but I think what
14:05
Speaker 5: they need to be is clearer and more articulate on
14:08
Speaker 5: what they actually stand for. We saw Tony Abbott with
14:11
Speaker 5: the effective three line, three word slogan.
14:15
Speaker 13: Stop the tax.
14:17
Speaker 5: Yeah, sorry, stop the boats there, I've stuffed it up.
14:19
Speaker 5: Stop the tax, you know, stopped the votes, repealed the
14:22
Speaker 5: carbon tax, three clear ideas and he hammered it home.
14:27
Speaker 5: I think it's a very fine line between a leader
14:30
Speaker 5: of a party and senior ministers reacting to a twenty
14:33
Speaker 5: four to seven deadline and headline, you know, with the
14:37
Speaker 5: news cycle to actually articulating policies, whether we want to
14:41
Speaker 5: like it or not. Peter Dutton did go down the
14:43
Speaker 5: nuclear path and it actually grabbed the attention of the
14:47
Speaker 5: Australian public. Very sadly we know how that ended in
14:50
Speaker 5: that election campaign, but he actually sparked interest. It's about
14:54
Speaker 5: appealing to the Australian voters, not just appealing to an
14:58
Speaker 5: actual news headline or as I said, the twenty four
15:01
Speaker 5: hour media cycle. I can still see Tony Abbott, you know,
15:04
Speaker 5: fourteen years ago doing that. It was very effective. It
15:07
Speaker 5: was the most effective opposition leader in Australia's history. But
15:11
Speaker 5: as for a rebrand, no, that is dancing to the
15:14
Speaker 5: tune of the negative media that is out there. It's
15:17
Speaker 5: not a rebranding that is needed. It's a belief in
15:20
Speaker 5: the core traditional liberal values that Australians are after and
15:25
Speaker 5: sticking to it. Don't need to release too many policies.
15:28
Speaker 5: Keep it simple, speak to us, just speak to the
15:32
Speaker 5: Australian people, like Tony Abbott did. You've got to go
15:35
Speaker 5: with what actually works. So I hear what you're saying.
15:38
Speaker 5: I've got a slightly different view, but no, just stick
15:41
Speaker 5: to the guns and give the Australian public your vision
15:45
Speaker 5: and what you're actually going to do for the future
15:47
Speaker 5: of Australia.
15:48
Speaker 2: You do make a good point, Curly, especially Nicole, when
15:51
Speaker 2: it came to the coalition's nuclear plan policy. Let's not
15:56
Speaker 2: forget that was their one policy and that was when
15:58
Speaker 2: they were dominating in the poll, and then the second
16:01
Speaker 2: Labour started that scare campaign. The Liberals then backtracked and
16:05
Speaker 2: really stopped going hard in that nuclear space. And I
16:08
Speaker 2: remember being out on the campaign trail and people were
16:10
Speaker 2: all very for nuclear so it is about getting those
16:13
Speaker 2: policies and standing strong behind them despite any backlash that
16:17
Speaker 2: might come towards the party.
16:20
Speaker 13: Of course it is.
16:20
Speaker 1: It's about having the courage of your convictions, and not
16:23
Speaker 1: only that, properly explaining big, complicated policies and taking people
16:30
Speaker 1: with you on the journey. And so we released a
16:32
Speaker 1: really big, brave, bold policy and then failed to explain
16:37
Speaker 1: to the Australian people what it would look like, what
16:40
Speaker 1: it would cost, what the impact would be, and why
16:42
Speaker 1: it was necessary. So we put it out there and
16:45
Speaker 1: then promptly ran away from it the first second that
16:48
Speaker 1: we will put under pressure from Labours. So as I said,
16:51
Speaker 1: the key thing is for us to actually have the
16:55
Speaker 1: courage of our convictions.
16:58
Speaker 3: Well, ka rely.
16:58
Speaker 2: Today the Government and in reduced to Parliament some tougher
17:02
Speaker 2: laws on big tech in social media regarding the ban
17:06
Speaker 2: and now companies can face fines of up to ninety
17:08
Speaker 2: nine million dollars not doing enough to keep kids off
17:11
Speaker 2: their platforms, and they've also bolstered the powers of the
17:14
Speaker 2: E Safety Commissioner. Do you think these changes to the
17:18
Speaker 2: laws show that it actually doesn't work, that kids are
17:21
Speaker 2: just going to continue to find a way to be
17:23
Speaker 2: able to access something that they shouldn't be on.
17:26
Speaker 3: Well, I think the.
17:27
Speaker 5: Government was always told that and it's been interesting with
17:30
Speaker 5: the Safety Commissioner Julie Edmond Grant. She's said in recent
17:33
Speaker 5: times that she never even really believed in the laws
17:36
Speaker 5: that were actually being introduced. I don't want to be
17:38
Speaker 5: cynical here, but we've just had the worst budget handed
17:41
Speaker 5: down in Australian history and I just think that this
17:44
Speaker 5: is a look over here movement, you know, a moment.
17:46
Speaker 5: I don't think that this will do anything whatsoever.
17:49
Speaker 3: They will always told that kids.
17:50
Speaker 5: Will find a way around it, and really it's not
17:53
Speaker 5: going to be effective. It is a look over here.
17:57
Speaker 5: We need to be able to, you know, get this budget,
18:01
Speaker 5: turn it on its head, as they've said, accit, as
18:03
Speaker 5: Angus Taller said, taken acts to the budget. I've got
18:06
Speaker 5: to be honest with you. It's not that I'm not interested.
18:08
Speaker 5: I've got three teenagers myself, but their futures has already
18:11
Speaker 5: been smashed by this Australian label government, the same as
18:14
Speaker 5: every other young Australian's future as well, and to me
18:17
Speaker 5: this is just an irrelevance.
18:19
Speaker 2: Yeah, you're right, they're already to be preparing off that
18:22
Speaker 2: trillion dollars in debt, Nicole. I want to have a
18:25
Speaker 2: look now at the ABC. It has come out today
18:28
Speaker 2: that taxpayers are set to foot a bill of more
18:30
Speaker 2: than three hundred thousand dollars and this is part of
18:34
Speaker 2: a secret golden handshake for former ABC News boss Justin Stevens.
18:39
Speaker 2: And when I saw this article, I thought, how can
18:42
Speaker 2: the ABC justify paying out public money under confidential deals
18:47
Speaker 2: like this?
18:48
Speaker 1: It is absolutely appalling. And once again we have our
18:52
Speaker 1: public broadcaster, who have the great privilege of what one
18:55
Speaker 1: point three billion dollars of funding every single year, wasting
19:00
Speaker 1: tax payers money.
19:01
Speaker 13: They have to be held to account.
19:03
Speaker 1: Take this money back, take it off their budget bottom line,
19:06
Speaker 1: put it back into general revenue for goodness sake, and
19:09
Speaker 1: while Federal Parliament's at it, actually finally hold them to
19:13
Speaker 1: account for their editorial standards but also their management standards.
19:16
Speaker 1: And let's actually start implementing some KPIs because we know
19:20
Speaker 1: nobody is watching the ABC. So what is our one
19:24
Speaker 1: point three billion dollars of tax payers money delivering for
19:28
Speaker 1: us every year?
19:29
Speaker 13: Nothing?
19:29
Speaker 1: It's delivering bias and it's delivering big payouts too. I
19:34
Speaker 1: would imagine outrageously well paid executives who are doing a
19:39
Speaker 1: pretty poor job.
19:40
Speaker 5: Part of them.
19:42
Speaker 2: Well, caroly I wanted to you're just talking about your children.
19:46
Speaker 2: And some researchers now come out talking about the use
19:49
Speaker 2: of AI and high school students, and the problem is
19:52
Speaker 2: it's now so widespread that a lot of pupils said
19:55
Speaker 2: they can't imagine learning without it, with some even saying
19:58
Speaker 2: that they can't study without AI. And I think for me,
20:02
Speaker 2: the issue is that kids aren't learning critical thinking skills.
20:06
Speaker 2: But what are schools doing to overcome this? Are they
20:09
Speaker 2: going back to old school pen and paper? Well sadly,
20:14
Speaker 2: some schools are trying. But the thing is the curriculum
20:17
Speaker 2: is so overulfilled with things that it doesn't need to be,
20:20
Speaker 2: you know, sustainability, raised garden beds, starts in KINDI, starts
20:24
Speaker 2: in pre primary. If you don't get the basics, as
20:26
Speaker 2: you said, Jamie, with the numeracy and the literacy, then
20:30
Speaker 2: you're not going to be able to get those critical
20:32
Speaker 2: thinking skills and be able to use AI to you know,
20:36
Speaker 2: enhance your life. I'm not a fan of AI, but
20:39
Speaker 2: I admit I'm a bit of a dinosaur with it.
20:41
Speaker 13: I'm interested in it.
20:42
Speaker 5: But when it is taking over the job of writing
20:44
Speaker 5: an essay and being able to critically analyze history and
20:48
Speaker 5: knowing when something in AI is patently wrong, that's when
20:51
Speaker 5: the alarm bells go on. And you know what, We've
20:53
Speaker 5: got to be careful what we wish for.
20:55
Speaker 3: Because if they're.
20:55
Speaker 5: Promoting AI and they're worried about computer schools and mobile
20:59
Speaker 5: phones in schools, when those kids go to TAFE or
21:02
Speaker 5: UNI or do an apprenticeship and their jobs are then
21:05
Speaker 5: suddenly aied, then what where's the blame game going to be?
21:09
Speaker 5: AI is a tool. You can't put your head in
21:12
Speaker 5: the sand. But the job of schools is to turn
21:15
Speaker 5: out functionally literate and numeric children. Our piece of scores,
21:21
Speaker 5: the international testing is going back We're always, you know,
21:24
Speaker 5: hailing Asia and Singapore and saying how wonderful it is
21:27
Speaker 5: and how studious the kids are. Australia's results are going backwards.
21:31
Speaker 5: And the really sad thing is more money is being
21:34
Speaker 5: spent every year on education. It goes up and up
21:37
Speaker 5: and up, and the results just get worse and worse
21:40
Speaker 5: and worse. Show me a kid that can do the
21:42
Speaker 5: difference between they're there and there, and I'll be a
21:45
Speaker 5: happy woman because they're the things that they're the things
21:48
Speaker 5: that parents and grandparents actually want.
21:51
Speaker 3: Even with apostrophes.
21:52
Speaker 5: It sounds very old school, but if you don't learn
21:55
Speaker 5: those basics, and you don't learn grammatical structure, you can't even.
21:59
Speaker 13: Go to ail.
22:00
Speaker 3: You know, it's really sad.
22:01
Speaker 13: It's really sad. Even with handwriting. We all use computers
22:04
Speaker 13: all the time. We sign a form of goal.
22:06
Speaker 5: We haven't written for a while, but it's really sad
22:09
Speaker 5: because we know that kids learn more from actually putting
22:12
Speaker 5: pen to paper rather than just looking at a screen.
22:16
Speaker 3: Now you're spot on there, Caraly.
22:18
Speaker 2: I remember one of my sons said, oh, I don't
22:20
Speaker 2: know have to learn how to spell the word because
22:21
Speaker 2: of autocorrect when it comes through on iPads. I thought,
22:24
Speaker 2: I've got to take that device away, Nicole and Caroly,
22:26
Speaker 2: I'll leave it there, thank you so much. All questions
22:30
Speaker 2: are mounting around the Albanizer government's funding to un agency
22:35
Speaker 2: UNRA after some of their staff were allegedly linked to
22:38
Speaker 2: terrorist group Hamas, and today the Royal Commission started its
22:42
Speaker 2: third block of public hearings.
22:44
Speaker 3: This time, the.
22:45
Speaker 2: Focus is on the impact of social media and the
22:48
Speaker 2: reporting of public broadcasters in the rise of anti Semitism.
22:53
Speaker 2: And joining me now is Executive Council of Australian Juries
22:57
Speaker 2: CO CEO Peter Werthheim.
23:00
Speaker 3: Thanks for coming on this evening.
23:02
Speaker 2: I want to start with the taxpayer dollars that are
23:05
Speaker 2: continuing to flow through to UNRAT despite allegations that some
23:10
Speaker 2: of their employees will linked to HAMAS, and the Albezi
23:13
Speaker 2: government has said that they won't be scrapping the twenty
23:15
Speaker 2: million dollar funding.
23:17
Speaker 3: This is outrageous.
23:18
Speaker 2: Surely there are other organizations we could be supporting that
23:22
Speaker 2: aren't linked to terrorists.
23:25
Speaker 14: There certainly are. I mean there's the World Food Program,
23:29
Speaker 14: there's the Red Cross, there's UNISEEF. There are plenty of
23:31
Speaker 14: other agencies that we could be directing that aid too.
23:36
Speaker 14: And look, this is not the first time that andra's
23:40
Speaker 14: been embroiled in scandal about its links with HAMAS. Two
23:46
Speaker 14: years ago we had revelations that twelve UNRAH employees had
23:53
Speaker 14: been engaged in the terrorist attacks in Israel and October
23:56
Speaker 14: the seventh, twenty twenty three. These are people who participated
24:00
Speaker 14: in kidnappings and murder and all the other carnage that
24:06
Speaker 14: took place on that date. Now, UNRA sacked those people
24:11
Speaker 14: while its funding had been suspended from Australia and many
24:14
Speaker 14: other countries. And then the funding was restored and it
24:19
Speaker 14: was back to business as usual. And now we see
24:22
Speaker 14: what business as usual looks like. We've had one hundred
24:25
Speaker 14: and one humas linked UNRAH employees and that's according to
24:31
Speaker 14: a USAID agency. This is not just some wild allegation
24:34
Speaker 14: out there on social media. This is a USAID monitoring agency.
24:38
Speaker 14: USAID named one hundred and one people as taking their
24:43
Speaker 14: orders from hummaus and yet they're on the UNRAH payroll
24:48
Speaker 14: funded by don or nations like Australia. So this is
24:53
Speaker 14: the It's not a particularly sophisticated fraud, but it's fraud nonetheless,
24:58
Speaker 14: and we shouldn't have any part of it. If we
25:00
Speaker 14: want to give aid to people in Gaza who need it,
25:03
Speaker 14: there's no doubt that they need it, then it should
25:05
Speaker 14: go through these other agencies.
25:09
Speaker 2: Peter, I want to turn our attention now to the
25:11
Speaker 2: Royal Commission, which heard some disturbing evidence today about the
25:15
Speaker 2: role social media has played in the rise of anti Semitism.
25:19
Speaker 2: Bondi survivor Arson Ostrowski said that he faced a relentless
25:24
Speaker 2: tsunami of jew hatred online. Do you think the government
25:28
Speaker 2: and tech giants have failed to act?
25:32
Speaker 14: Well, they clearly haven't done enough. I mean, I think
25:35
Speaker 14: the primary onus is on the tech giants because they
25:39
Speaker 14: have the sophisticated tools to deal with this problem, and
25:44
Speaker 14: they are developing more tools I understand, but the will
25:48
Speaker 14: to act doesn't seem to be there, at least in
25:51
Speaker 14: the case of some of these platform providers. I mean,
25:54
Speaker 14: the worst offenders really ex formerly Twitter and gab and Telegram, Tumblr,
26:06
Speaker 14: there's a number of them there that are notorious for
26:11
Speaker 14: just allowing the the sewerage of comment to flow without interruption.
26:17
Speaker 14: Meta has made some attempts to ameliorate it, but not
26:22
Speaker 14: enough clearly, and they admit that they haven't done enough
26:24
Speaker 14: and that they're working to do more. And then there
26:29
Speaker 14: is a role for government obviously in setting standards and
26:32
Speaker 14: requiring the tech giants to take some responsibility. One of
26:36
Speaker 14: the things that could be looked at would be to
26:41
Speaker 14: give a private right of a legal action to people
26:45
Speaker 14: who have been victimized by some of this commentary that
26:49
Speaker 14: has just gone unchecked and unsupervised. Even if it is
26:53
Speaker 14: and by the way, it's allowed to flow even if
26:56
Speaker 14: it is admitted to be contrary to the standards of
27:00
Speaker 14: of the social media platform providers themselves. So one way
27:05
Speaker 14: would be to provide this sort of a right of action.
27:09
Speaker 14: It's something that could be looked at, I think, but
27:13
Speaker 14: clearly there is a need for a stronger regulatory role
27:16
Speaker 14: by government and the stronger technical response and will to
27:21
Speaker 14: act by the actual platform providers themselves.
27:26
Speaker 2: Just looking at the government, do you think ministers should
27:29
Speaker 2: take the stand and answer for policy decisions and say
27:33
Speaker 2: whether or notough was done by the federal government post
27:36
Speaker 2: October seven. I mean, the buck certainly stops with Anthony Abernezi.
27:41
Speaker 14: Well, look, let's be very clear about this. We call
27:43
Speaker 14: for the Royal Commission very strongly, and I have complete
27:48
Speaker 14: confidence in the process. The Royal Commissioner and the team
27:54
Speaker 14: behind the Royal Commissioner are a very strong team. And
27:56
Speaker 14: there's a lot that goes on in terms of investigations
28:01
Speaker 14: that we don't see. I mean, we see people being
28:03
Speaker 14: called to the hearings and that's generally available and lie
28:09
Speaker 14: to the public, but there's a lot that goes on
28:11
Speaker 14: that we don't see. A lot of notices to government
28:18
Speaker 14: and to other players requiring them to produce documents to
28:23
Speaker 14: answer questions, very searching, probing questions that we don't see.
28:30
Speaker 14: So there's a lot of investigative work there that is
28:32
Speaker 14: being done. I have no doubt. I don't obviously have
28:35
Speaker 14: a line of sight to all of it, because this
28:38
Speaker 14: is clearly confidential and out of the public eye, but
28:43
Speaker 14: I have no doubt that it is being done, and
28:46
Speaker 14: it is being done well, and I think we should
28:48
Speaker 14: respect the process. If the Royal Commissioner wants to hear
28:53
Speaker 14: from government ministers or the Prime Minister, I'm sure then
28:58
Speaker 14: the process for doing that would be put in train.
29:01
Speaker 14: But it's significant in my mind that during the second
29:06
Speaker 14: block of hearings there was certain information that the Government
29:11
Speaker 14: sought to suppressed from the Raw Commission, and the Commission
29:14
Speaker 14: ruled against that. So to me, that means that the
29:18
Speaker 14: Raw Commission is doing its job. It should be allowed
29:20
Speaker 14: to get on with its job. There shouldn't be any
29:23
Speaker 14: sensational sensationalism about it. I think the process needs to
29:27
Speaker 14: be respected. In the gravity and seriousness of the process
29:31
Speaker 14: needs to be respected.
29:32
Speaker 2: Yes, it's certainly one that we will be keeping our
29:34
Speaker 2: eye on.
29:35
Speaker 3: Peter, Thank you so much.
29:37
Speaker 14: Thanks so much, Jamie.
29:38
Speaker 2: After the break, diplomacy maybe back on the table in
29:41
Speaker 2: the Middle East, but has a threat from Iran really diminished? Plus,
29:45
Speaker 2: Australia has signed the defense agreement with Banuwatu. What does
29:49
Speaker 2: this mean for national security? Welcome back, It's great to
29:56
Speaker 2: have your company. Diplomacy appears to be back on the
30:00
Speaker 2: table in the Middle East between Iran and the United States. Meanwhile,
30:05
Speaker 2: back home, Australia has made one of its most important
30:08
Speaker 2: strategic moves in the Pacific. Let's bring in now Strategic
30:12
Speaker 2: Analysis Australia Director Michael Shubridge. Michael, let's start with Iran
30:17
Speaker 2: and the US. They have reportedly agreed to stop attacks
30:21
Speaker 2: and meet again to discuss the straight of Horn moves,
30:24
Speaker 2: although at the same time, Iranian TV declared that ships
30:28
Speaker 2: must get approval from them to use the Strait.
30:31
Speaker 3: What do you make of the developments, Well, Jimmy.
30:35
Speaker 15: That last point about Iran insisting that they will approve
30:39
Speaker 15: ships going through the Strait. That's been behind this latest
30:42
Speaker 15: set of strikes between the US and Iran because America
30:46
Speaker 15: was trying to get ships to use another channel close
30:49
Speaker 15: to Oman instead of the one close to Iran, coordinating
30:54
Speaker 15: with Iran. It looks to me like both sides have
30:57
Speaker 15: agreed to keep negotiating. That means Iran is back in
31:01
Speaker 15: control of the Strait.
31:03
Speaker 2: And there was also an article that was published by
31:08
Speaker 2: an Iranian news outlet that said Iran has no choice
31:12
Speaker 2: but develop a nuclear bomb. And also it says that
31:16
Speaker 2: Iran must negotiate with its enemies from a position of strength.
31:19
Speaker 3: And when I saw that, I thought, doesn't.
31:21
Speaker 2: This go against their pledge not to have a nuclear weapon?
31:24
Speaker 2: But probably also highlights, Michael, of what we're dealing with
31:28
Speaker 2: here when you're trying to negotiate with a terrorist regime.
31:34
Speaker 15: You're right, there's absolutely no trust between Iran and America,
31:38
Speaker 15: and there are plenty of hardliners in the regime saying
31:41
Speaker 15: this peace negotiation is a bad idea. I think we'll
31:45
Speaker 15: see the Iranian regime keep saying formally it has no
31:49
Speaker 15: intention of getting a bomb, but of course we don't
31:51
Speaker 15: know what the future of their nuclear program is. But
31:54
Speaker 15: you're right, there's zero trust between Tehran and Washington. That's
31:58
Speaker 15: at the heart of this.
32:00
Speaker 3: So what do you make then of the war in Iran?
32:04
Speaker 2: Because the President Donald Trump had said that the mission
32:07
Speaker 2: was to ensure that Iran did not have a nuclear weapon,
32:11
Speaker 2: and they've reportedly agreed to let experts come in and
32:14
Speaker 2: assess their nuclear capability. So what do you make of
32:18
Speaker 2: this overall? What have we ended up with as the
32:20
Speaker 2: solution of this war?
32:23
Speaker 15: I think we've ended up with an Iranian regime that
32:27
Speaker 15: is probably more hardline than the one had replaced, and
32:31
Speaker 15: they know that they've got enormous global leverage because of
32:34
Speaker 15: their control of the Strait America's struggling to change that fact.
32:39
Speaker 15: And as far as the nuclear program's future goes, we
32:42
Speaker 15: just don't know. We'll have to see what is negotiated.
32:47
Speaker 2: I also want to touch on Israel, who destroyed quite
32:50
Speaker 2: an extensive tunnel in southern Lebanon. This is surely going
32:54
Speaker 2: to impact any peace agreement between these countries.
32:58
Speaker 3: What's happening there?
33:01
Speaker 15: Well, the Israelis have said they destroyed a two hundred
33:05
Speaker 15: meter long underground facility. There was about twenty five meters
33:08
Speaker 15: deep used by Hesbola. This continues the war in southern
33:13
Speaker 15: Lebanon despite a ceasefire apparently in place, And the problem
33:19
Speaker 15: is that the Lebanese government and Israel and negotiating the ceasefire,
33:24
Speaker 15: but Hesbola is not. It's rejected it. So unless Iran
33:29
Speaker 15: restrains Hasbola and America restrains Israel, not only could Lebanon
33:34
Speaker 15: security fall apart again, but so could the Iran US deal.
33:40
Speaker 3: Yeah, there's a lot going on over in that region.
33:42
Speaker 2: Let's come back home now where Australia has finally signed
33:46
Speaker 2: the defense agreement with Banawatu. Why is this area so
33:50
Speaker 2: important for our security? But also from the challenge that's
33:54
Speaker 2: coming from China.
33:57
Speaker 15: China's making a long term push into the South Pacific.
34:01
Speaker 15: It wants fisheries access, resource access, commercial access, It's spending
34:07
Speaker 15: hundreds of millions of dollars, and it wants to expand
34:11
Speaker 15: its security role. It would like to be the South
34:14
Speaker 15: Pacific country's security partner of choice. We know how bad
34:18
Speaker 15: that would be from the circumnavigation of Australia by that
34:21
Speaker 15: Chinese Navy task force early last year. And so Australia
34:26
Speaker 15: is a long in a long term competition with Beijing
34:29
Speaker 15: to keep its security role in the South Pacific limited.
34:33
Speaker 15: This agreement is good news for that.
34:36
Speaker 2: And Michael, just quickly before I let you go, Vladimir
34:38
Speaker 2: Putin has said that Russia is experiencing problems when it
34:42
Speaker 2: comes to the war in Ukraine. What did you make
34:45
Speaker 2: about this rare admission about a setback?
34:50
Speaker 15: Vladimir Putin was chewing broken glass having to admit that
34:54
Speaker 15: the Ukrainians are bringing problems across Russia. There are petrol
34:59
Speaker 15: and fuel shortages across Russia, and refineries are exploding, including
35:04
Speaker 15: one just outside Moscow. So he couldn't hide that from
35:07
Speaker 15: the Russian people. He's used his speech to his United
35:11
Speaker 15: Russia Party to try and say everything's under control, but
35:15
Speaker 15: as the Ukrainian strikes continued deep into Russia, that just
35:19
Speaker 15: won't look true.
35:21
Speaker 2: Well, Michael, I really appreciate all your insights tonight. All
35:25
Speaker 2: after the break, Auction clearance rates have crashed to GFC
35:29
Speaker 2: levels in Sydney, while Melbourne has hit its weakest market
35:33
Speaker 2: since COVID locksounds and has the Allen government shortchanged taxpayers
35:38
Speaker 2: with their new lottery deal.
35:43
Speaker 3: Welcome back.
35:45
Speaker 2: Labour's capital gains tax and negative gearing changes were sold
35:48
Speaker 2: as a way to improve housing affordability, but there are
35:52
Speaker 2: fresh concerns they're having the opposite effect. Auction clearance rates
35:56
Speaker 2: have slumped to levels not seen since the global finance
36:00
Speaker 2: crisis in Sydney, while Melbourne has recorded its weakest market
36:04
Speaker 2: since the city's COVID lockdowns. So is the market correcting
36:09
Speaker 2: or a buyer simply hitting the pause button amid growing uncertainty?
36:14
Speaker 2: Joining me now is Cotality Research director Tim Lawless. Tim,
36:18
Speaker 2: let's start with auction clearance rates. They have plummeted to
36:22
Speaker 2: record lows for the second weekend in a row. The
36:25
Speaker 2: timing is hard to ignore our Labour's policies spooking buyers
36:29
Speaker 2: and investors.
36:32
Speaker 4: Good evening, Jamie Well. I think absolutely there is an
36:34
Speaker 4: element here of the market losing further steam once the
36:38
Speaker 4: budget was handed down, but it's also fair to say
36:41
Speaker 4: the market was already slowing well before the budget. In fact,
36:45
Speaker 4: seventy five basis points of rate hikes, deeply pessimistic consumers,
36:50
Speaker 4: high inflation, a fairly severe affordability challenge for most buyers.
36:56
Speaker 4: All these things are already weighing on the market, and
36:58
Speaker 4: then the budget was handed down and it's just another
37:01
Speaker 4: headwinds the market's dealing with now. So yeah, I think
37:05
Speaker 4: it's added further fueld of the fire, but it's probably
37:09
Speaker 4: not the only thing driving this weakening and.
37:11
Speaker 2: Conditions Well assistant Minister for Immigration, Matt Thisislwait said today
37:16
Speaker 2: that the government has leveled the playing field.
37:19
Speaker 3: Take a listen.
37:21
Speaker 16: We saw that property investors were getting an advantage over
37:24
Speaker 16: people trying to buy a home. We've now leveled the
37:27
Speaker 16: playing field and I think that that will take some
37:30
Speaker 16: time to wash through the system. But you're seeing now
37:33
Speaker 16: that first home buyers and people looking to buy a
37:37
Speaker 16: home are the ones that are that are turning up
37:40
Speaker 16: to auctions and buying existing properties. And that's exactly what
37:43
Speaker 16: we wanted to assure.
37:45
Speaker 2: But is this what is actually happening though? Our first
37:48
Speaker 2: home buyer is getting into the market.
37:51
Speaker 3: Are they there on auction day?
37:52
Speaker 2: Because we're hearing that at some auctions not one person
37:55
Speaker 2: shows up.
37:57
Speaker 4: Yeah, there's a lot of things I unpacked from from that.
38:00
Speaker 4: From that statement for the minister, I think, I mean,
38:03
Speaker 4: I don't think investors were really had that much of
38:05
Speaker 4: an advantage in the market.
38:06
Speaker 12: They pay higher.
38:07
Speaker 4: Mortgage rates, they're holding costs have gone up substantially with
38:11
Speaker 4: insurances and strata fees and tendancy reform, so there's probably
38:14
Speaker 4: that to debate. But to your point, I don't think
38:17
Speaker 4: first home buyers are coming back into the market and
38:20
Speaker 4: this is symptomatic of a downturn, probably not what the
38:23
Speaker 4: budget was intending, but generally, when prices are falling and
38:28
Speaker 4: when consumer confidence is as low as what it is,
38:31
Speaker 4: you'll probably find virtually all the buyer groups are sitting
38:35
Speaker 4: on the sidelines. At the moment, we can really clearly
38:38
Speaker 4: see that volume has come out of the market. There's
38:41
Speaker 4: less demand at play here, and that's resulting in accumulation
38:45
Speaker 4: of stock that's putting further pressure on prices downwards pressure
38:48
Speaker 4: on prices. So I think for first home buyers, not
38:51
Speaker 4: for starters, they don't really show up at auctions. First
38:54
Speaker 4: home buyers are generally more active in the out of fringes,
38:57
Speaker 4: the more affordable markets that are generally more private treaty
39:00
Speaker 4: markets for starters, but I think a lot of them
39:03
Speaker 4: will be just lacking the confidence to venture into the marketplace.
39:06
Speaker 10: Now.
39:07
Speaker 12: They talk about.
39:08
Speaker 4: Catching a falling knife, but housing values are falling. I
39:12
Speaker 4: think a lot of potential first home buyers will be thinking,
39:15
Speaker 4: I don't want to buy right now because there's a
39:17
Speaker 4: pretty good chance that tomorrow prices will be lower.
39:22
Speaker 2: I think investors are getting a bad rap in amongst
39:25
Speaker 2: this budget because if they continue to pull back and
39:28
Speaker 2: not invest What do you think that will mean for
39:32
Speaker 2: the housing supply but also in terms of rentals, could
39:36
Speaker 2: these reforms actually make Australias housing shortage worse?
39:41
Speaker 4: Well, we know we're already in a supply crisis. Investors
39:45
Speaker 4: contributes around about twenty to twenty two percent of their
39:50
Speaker 4: demand to buying new homes last year. That equated to
39:53
Speaker 4: about fifty five thousand homes that were at least funded
39:57
Speaker 4: but by investor purchases. So I think we investors delivering
40:01
Speaker 4: around about eighty five to ninety percent of Australian rental stock.
40:04
Speaker 4: There is a roal risk here that rental markets will
40:06
Speaker 4: remain very tight. Last month, vacancy rates were one point
40:10
Speaker 4: five percent. That's a record low across the rental market.
40:14
Speaker 4: So without investors coming into the marketplace to deliver rental supply,
40:18
Speaker 4: absolutely there is some risk that rental markets will remain
40:21
Speaker 4: very tight. Renters are already dedicating about a third of
40:24
Speaker 4: their income, their pre tax income to paying rent as well,
40:28
Speaker 4: so that there's another risk there that rental affordability will
40:30
Speaker 4: become even more challenging.
40:32
Speaker 2: From here and Tim, we're hearing a lot about lower
40:36
Speaker 2: auction volume. Can you just tell us what that means
40:40
Speaker 2: and what it shows us about the state of the
40:42
Speaker 2: housing market.
40:44
Speaker 4: Yeah, it simply means there's there's fewer auctions being held
40:47
Speaker 4: compared to a year ago or compared to average levels,
40:50
Speaker 4: which isn't surprising when the market's in the downturn, which
40:54
Speaker 4: it is in the major auction markets of Sydney and Melbourne,
40:57
Speaker 4: naturally you'd expect there to be fewer homes coming to market.
41:00
Speaker 4: Most people don't need to sell, and I think a
41:02
Speaker 4: lot of vendors would be pulling back from the market
41:05
Speaker 4: until selling conditions start to improve, whatever that's going to be.
41:10
Speaker 4: So the fact that we are seeing fewer auctions being
41:13
Speaker 4: held I think is mostly cyclical, but probably it's also
41:16
Speaker 4: just a natural deflection. As clearance rates remain so low,
41:22
Speaker 4: I think more and more vendors, if they do need
41:24
Speaker 4: to sell, will probably choose to sell via private treaty
41:27
Speaker 4: rather than testing the market under auction conditions.
41:31
Speaker 2: And just before I let you go, buyers in both
41:33
Speaker 2: Sydney and Melbourne are facing the prospect of negative equity
41:37
Speaker 2: as these prices.
41:38
Speaker 3: Continue to fall.
41:39
Speaker 2: What do you make of the government's comments when they
41:41
Speaker 2: say things like, oh, this is just a market correction.
41:46
Speaker 4: Well, I suppose in some ways they're right, this is
41:48
Speaker 4: a market correction. It's a cyclical pattern that the context
41:51
Speaker 4: is really important. We've come out of for most cities
41:54
Speaker 4: at least a reasonably strong growth cycle. Some of the
41:57
Speaker 4: mid sized capitals which are now leveling out, they're losing
42:00
Speaker 4: momentum quite quickly. Hearth seen values rise by ninety percent
42:04
Speaker 4: a bit more than ninety percent in five years. Melbourne's
42:07
Speaker 4: only up about three percent in five years, so there
42:10
Speaker 4: is a lot of difference here. But absolutely for some
42:12
Speaker 4: buyers who have purchased into the market recently, especially those
42:16
Speaker 4: that were brought into the marketplace on a five percent
42:18
Speaker 4: deposit guarantee, they don't have a lot of buffer there
42:21
Speaker 4: between what they paid for the home and you know
42:24
Speaker 4: what the home is, what they owe on the property.
42:27
Speaker 4: So a five percent decline I think is probably, you know,
42:30
Speaker 4: that's not too far of a stretch. A ten percent
42:32
Speaker 4: decline probably not too unreasonable as well, given the context
42:36
Speaker 4: of the headwinds the market's facing. Is that a problem, Well,
42:40
Speaker 4: probably not. I think most buyers probably Negative equity only
42:44
Speaker 4: becomes a problem if they need to sell the property
42:47
Speaker 4: and we are expecting labor markets to remain relatively tight,
42:51
Speaker 4: so I think most will probably navigate the storm and
42:54
Speaker 4: time tends to heal all wounds.
42:56
Speaker 2: As they say, yes, Tim, this is certainly something that
42:59
Speaker 2: we will We'll be keeping an eye on.
43:01
Speaker 3: Thank you for joining me tonight.
43:03
Speaker 2: Well after the break questions around the Allen government's forty
43:07
Speaker 2: year lottery license and the revenue generated from it, plus
43:11
Speaker 2: dozens of local councilors are defecting from the Liberal and
43:14
Speaker 2: Nationals to run for One Nation in the upcoming Victorious
43:18
Speaker 2: state election.
43:23
Speaker 3: Welcome back.
43:24
Speaker 2: The Allen government is back in the headlines for their
43:27
Speaker 2: revenue raising grab through the forty year lottery license. The
43:31
Speaker 2: tax rate is thirty one point five cents on every
43:34
Speaker 2: dollar spent on the tickets now. At the same time,
43:37
Speaker 2: counselors from across Victoria are defecting from the Liberal and
43:41
Speaker 2: Nationals to try and run for one Nation in the
43:44
Speaker 2: November election. Joining me now is Victoria Liberal MP.
43:48
Speaker 3: BEV MacArthur BEV.
43:50
Speaker 2: I do want to start with the news today that
43:52
Speaker 2: showed Victorians pay the highest lottery tax in Australia, with
43:57
Speaker 2: almost a third of every ticket going straight to the
44:00
Speaker 2: state government. Is this just another example of the Allen
44:04
Speaker 2: government just quietly using everyday Australians to prop up their budget.
44:09
Speaker 13: Oh absolutely, Jamie. This government is addicted to tax.
44:14
Speaker 17: We have the highest tax state in Australia and they
44:19
Speaker 17: tax everything that moves in this state. Now, this lottery
44:22
Speaker 17: deal was absolutely shocking and I moved a motion in
44:27
Speaker 17: the Legislative Council calling on all the documents.
44:30
Speaker 13: Related to this particular.
44:32
Speaker 17: Deal, every email, every contract, everything associated with it. Now
44:37
Speaker 17: we moved that on the thirteenth of May the third
44:40
Speaker 17: of June.
44:40
Speaker 13: They're meant to supply the documents. Not one letter has
44:44
Speaker 13: been supplied.
44:45
Speaker 17: This government's got a lot to hide on every matter
44:50
Speaker 17: associated with their governance, but in this deal in particular,
44:53
Speaker 17: it is another level of corruption.
44:57
Speaker 13: This deal is not in the interest, of course of Victoria.
45:00
Speaker 13: It was done.
45:01
Speaker 17: To help their bottom line where they're so indebted.
45:07
Speaker 13: It's a shocking situation.
45:09
Speaker 2: Well, let's turn our attention now to the upcoming November election.
45:14
Speaker 2: What did you make of reports today that more than
45:17
Speaker 2: a dozen sitting councilors right across Victoria are currently in
45:21
Speaker 2: discussions with one nation about running as candidates in the
45:24
Speaker 2: November state election. And these councilors are coming from Nationals
45:28
Speaker 2: and the Liberal Party.
45:31
Speaker 13: Well, look, Jamie, I was a counselor.
45:33
Speaker 17: I put my hand up for the Liberal Party and
45:36
Speaker 17: we're out there today. I was in Rippon in the
45:40
Speaker 17: great Western Victoria region with our fabulous candidate Megan Reid,
45:45
Speaker 17: and everywhere we go, we know that Victorians are hurting.
45:50
Speaker 17: They don't trust this government. They want to get rid
45:52
Speaker 17: of it. And the only way we're going to get
45:54
Speaker 17: rid of this shocking corrupt Labor government is to vote
45:58
Speaker 17: Liberals and Nationals and the twenty eighth November this year,
46:01
Speaker 17: that is the only way.
46:04
Speaker 3: Are you concerned? It all though? That, you know?
46:06
Speaker 2: The Herald's unspoke with some of these potential candidates and
46:09
Speaker 2: one said, nothing is said in Stone, but it's been
46:13
Speaker 2: coordinated because there are a lot of us who feel
46:15
Speaker 2: like the coalition no longer has what it takes. What
46:18
Speaker 2: do you make of those sort of comments, I mean,
46:21
Speaker 2: especially considering polling done earlier this month showed the Coalition
46:24
Speaker 2: was leading both One Nation and Labor.
46:29
Speaker 17: Look, polls come and go, Jamie, But out there on
46:33
Speaker 17: the ground every day, and as I said, out there
46:36
Speaker 17: in merra Borough and arrow At today, people were coming
46:39
Speaker 17: up to our great leader Jess Wilson and our candidate
46:43
Speaker 17: Megan Reid and saying.
46:45
Speaker 13: This Labor government's got to go.
46:46
Speaker 17: We're right behind you, We're here to support you. You know,
46:49
Speaker 17: they are sick of the corruption and the mismanagement and
46:53
Speaker 17: the waste of their taxpayer dollars. And of course they're
46:56
Speaker 17: totally behind the fact that we're going to bring about
46:59
Speaker 17: a royal mission the minute we get elected in November.
47:03
Speaker 17: This government has to be held accountable for the waste
47:06
Speaker 17: and corruption that's imparted with money going into the hands
47:12
Speaker 17: of bikis and more criminal stories we heard yesterday.
47:16
Speaker 13: I mean, it's absolutely shocking.
47:18
Speaker 2: No, and I completely agree with everything that you're saying,
47:21
Speaker 2: and it amazes me that Labor still poll as well
47:24
Speaker 2: as they do, but surely it must get to one
47:26
Speaker 2: point where I think Jess Wilson's doing a fantastic job,
47:29
Speaker 2: but you might need to start thinking, Okay, are we
47:31
Speaker 2: going to do some sort of preference deal with one
47:33
Speaker 2: nation just because of the rise that we're seeing right
47:37
Speaker 2: across the board of polling. I know you said you
47:39
Speaker 2: don't look too much into polling, but there must be
47:41
Speaker 2: an element of you where you think we might need
47:43
Speaker 2: to start talking to one nation or you'll just stick
47:45
Speaker 2: with Liberals Nationals.
47:49
Speaker 17: Well, Jamie, as you know, we have a preferential voting
47:52
Speaker 17: system in Victoria, so at the appropriate time, in the
47:55
Speaker 17: appropriate way, all sorts of preferences are negotiated. But quite frankly,
48:01
Speaker 17: at this moment, I don't know who the leader is
48:03
Speaker 17: of one nation. I don't know who their candidates are.
48:06
Speaker 17: I don't know what their policies are. We have the
48:09
Speaker 17: policies that will get rid of this labor government and
48:13
Speaker 17: that's what Victorians want. They're leaving this state if we
48:17
Speaker 17: don't get rid of this labor government in November.
48:20
Speaker 13: And that's what has to happen.
48:22
Speaker 17: Everybody. If you want to get rid of labor, the
48:24
Speaker 17: only way you're going to do it is to vote
48:26
Speaker 17: Liberal Nationals in November.
48:29
Speaker 3: Well said Bev. I will leave it there. It is
48:32
Speaker 3: now time for the volt Report.