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The Kenny Report | 5 May · The Kenny Report

0:00
Speaker 1: Line from the skying New Center.
0:03
Speaker 2: This is the Kenny Report.
0:06
Speaker 1: Thanks for joining me.
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Speaker 3: Tonight, interest rates go up again with a warning from
0:10
Speaker 3: the RBA about how more government spending could fuel inflation
0:15
Speaker 3: and how recession is not out of the question. The
0:18
Speaker 3: government provides a visa to yet another Islamist hate peddler,
0:22
Speaker 3: this time a social media influencer. As the Royal Commission
0:26
Speaker 3: hears more harrowing examples of due hatred, Pauline Hansen considering
0:32
Speaker 3: a shift from the Senate.
0:34
Speaker 1: To the Lower House at the next election.
0:36
Speaker 3: Donald Trump's unpopularity hits a new high in the US
0:40
Speaker 3: as the Middle East war tests the patients of his
0:43
Speaker 3: supporter base.
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Speaker 1: Kristen Tate will join us.
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Speaker 3: Also Tim Blair, Susio O'Brien, and Stephen sena tiempo on
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Speaker 3: our national and state government debt bombs.
0:53
Speaker 1: Let's get cracking.
0:57
Speaker 3: At two point thirty Eastern this this afternoon, the Reserve
1:02
Speaker 3: Bank did what it had to do. It put up
1:04
Speaker 3: interest rates again by a quarter of a percent, twenty
1:08
Speaker 3: five points higher, taking the cash rate to four point
1:12
Speaker 3: three five percent, back to where it peaked in twenty
1:15
Speaker 3: twenty four before rates began easing at the start of
1:18
Speaker 3: last year. So now after three rate cuts last year,
1:23
Speaker 3: when the Albanese Labor government told us it had inflation
1:27
Speaker 3: under control, we've seen inflation rise again and now we've
1:31
Speaker 3: had three rate rises this year. This is likely to
1:36
Speaker 3: push average home loan rates from just above six percent
1:39
Speaker 3: to six and a half percent. And this will cost
1:43
Speaker 3: average mortgage holders owing about seven hundred and fifty thousand
1:46
Speaker 3: dollars at least an extra two hundred dollars a month.
1:50
Speaker 1: And don't worry, the Treasurer feels your pain.
1:54
Speaker 4: We take these inflationary pressures really seriously. We know that
1:57
Speaker 4: Australians are under substantial pressure.
2:00
Speaker 1: We know that the war in the Middle East is
2:02
Speaker 1: making that harder.
2:04
Speaker 3: But Charmezill's is also very keen to excuse his own
2:08
Speaker 3: government's record spending as a factor in pushing inflation and
2:12
Speaker 3: helping to force interest rates up, and with revelations Labor
2:16
Speaker 3: is looking to include yet more.
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Speaker 1: Handouts in next week's budget.
2:21
Speaker 3: The Reserve Bank governor was clear about what that might
2:24
Speaker 3: do to her fight to damp and demand and reduce inflation.
2:29
Speaker 5: Both private sector and public sector have to contribute to that.
2:33
Speaker 5: So all I'm saying is that the extent to which
2:37
Speaker 5: government make up the shortfalls for households by giving them
2:44
Speaker 5: more money. It makes it harder to damp and demand.
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Speaker 3: That's a warning against labour'sant spending, not that they've ever
2:53
Speaker 3: listened to this stuff. The balancing act right now is
2:57
Speaker 3: incredibly difficult and important, with the governor not ruling out
3:02
Speaker 3: the possibility of the economy falling into recession.
3:06
Speaker 5: We have growth going down to about one point three percent.
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Speaker 6: That is pretty anemic growth.
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Speaker 5: So I would say that in those circumstances where you know,
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Speaker 5: it's not a great outcome for Australia. But as I
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Speaker 5: said earlier, we've had this shock which has lowered our
3:24
Speaker 5: real income. So yes, we are all feeling poorer. That's
3:27
Speaker 5: what this has done.
3:29
Speaker 3: Yeah, the Middle East war pushing up fuel prices has
3:32
Speaker 3: certainly exacerbated the situation, but our rates are significantly higher
3:37
Speaker 3: now than those of comparable countries like the US, the
3:41
Speaker 3: UK and Canada. The underlying problem remains the price pressures
3:46
Speaker 3: from government policy in an economy where productivity is not growing,
3:51
Speaker 3: Government spending at record levels, the government's electricity plans delivering
3:56
Speaker 3: record high power prices, and the government's union rule and
4:00
Speaker 3: public sector expansion, putting a handbrake on productivity. But the
4:05
Speaker 3: Prime Minister is either delusional or a blatant liar because
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Speaker 3: he was running this line about government spending this morning.
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Speaker 7: What I can guarantee is that certainly we're very conscious
4:18
Speaker 7: about putting that downward pressure. We've already had one hundred
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Speaker 7: and fourteen billion dollars of savings in our budgets.
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Speaker 3: As I've shown you time and time again, they've increased
4:30
Speaker 3: spending every year. Annual spending is now about one hundred
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Speaker 3: and fifty billion dollars higher all up. They've lifted federal
4:39
Speaker 3: government spending by whopping two and a half percent of GDP.
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Speaker 1: Yet they tell us repeatedly that.
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Speaker 3: They've found savings, delivered savings just tosh absolute buncom And
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Speaker 3: we're expecting a budget next week with more handouts and
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Speaker 3: more tax increases, probably making the Reserve Bank's job harder
5:00
Speaker 3: and harder, an increasing pressure of course for more interest
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Speaker 3: rate rises.
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Speaker 7: Voters can expect that there'll be a budget that's consistent
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Speaker 7: with labor values. And I've said consistently that the two
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Speaker 7: themes that characterize my government are no one left behind
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Speaker 7: and no one held back.
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Speaker 3: Yeah, no political excuse left behind, and no political trick
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Speaker 3: and no minister held back from spending more money in
5:29
Speaker 3: this constant search for votes.
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Speaker 1: We have seen this movie before.
5:34
Speaker 3: Many of us lived through it in the late nineteen
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Speaker 3: eighties and early nineteen nineties, a real labor recession, one
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Speaker 3: that Paul Keating said we had to have. The big
5:43
Speaker 3: questions now are is there another recession on the way
5:48
Speaker 3: and did we really have to have it? With the
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Speaker 3: Royal Commission into the Bondai Islamus terror attack and the
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Speaker 3: rise of antisemitism holding its second day of public testimony,
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Speaker 3: it's time to ask what on earth it will take
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Speaker 3: for this Albanesi government and its Home Affairs Minister Tony
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Speaker 3: Burke to finally take Islamist extremism and anti semitism seriously.
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Speaker 3: They are most definitely a large part of the problem,
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Speaker 3: and that was highlighted again last night when my colleague
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Speaker 3: Scharry Markson revealed they had allowed another hateful anti Semitic
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Speaker 3: noisemaker into this country. Look, this bloke won't have come
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Speaker 3: across many of the radars of many of us because.
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Speaker 1: He's a social media influencer.
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Speaker 3: But think of how he pollutes the minds of the
6:38
Speaker 3: young this from Shari last night.
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Speaker 8: This is Nicholas ken Debilin Thasey, better known by his
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Speaker 8: online name Sneako. He's an American YouTuber and social media personality.
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Speaker 8: His ideology seems to be a confused mix of Islamist
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Speaker 8: extremism and neo Nazi.
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Speaker 2: Where you live.
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Speaker 7: In the center next to Teleview?
7:07
Speaker 2: Have you ever been with the Hama soldier before? It
7:10
Speaker 2: could be my human shield.
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Speaker 7: It's so fun.
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Speaker 2: We can make this October seventh. Okay, that was too fine?
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Speaker 7: Oh oh my god.
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Speaker 9: Okay.
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Speaker 8: In this next clip, Sneaker also threatened to eliminate Jews.
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Speaker 1: Hi Ron hi Way yahood Shall.
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Speaker 8: He's saying a well known antimitic slogan which is widely
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Speaker 8: recognized as a jihadist chant used as a threat towards Jews.
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Speaker 3: This bloke has been banned repeatedly from social media platforms
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Speaker 3: for his extreme views and antics. His Australian visit was
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Speaker 3: no surprise. He promoted it online, but the Albanezy government
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Speaker 3: and Tony Burke led him in right.
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Speaker 8: Now, he's here already in Australia. That's him with Sonny
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Speaker 8: Bill Williams this morning.
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Speaker 3: Yes, Sonny Bill Williams is a former New Zealand Australia
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Speaker 3: rugby league star and sometimes boxer who converted to Islam
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Speaker 3: fifteen years ago. Why would he want to be seen
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Speaker 3: hanging out with this sneak o character. Apparently the influenza
8:28
Speaker 3: has met with others in Sydney today, including the father of.
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Speaker 1: An ISIS terrorist.
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Speaker 3: This is deeply worrying, especially as we hear more examples
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Speaker 3: of the daily hatred and threats that Australian Jews are
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Speaker 3: having to put up with.
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Speaker 10: This pin represents everything that we lost, all the people
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Speaker 10: that we lost in our community due to two years
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Speaker 10: of unchecked and vile anti Semitism, and we can't afford
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Speaker 10: to ever be in this situation, and we can't afford
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Speaker 10: to lose any more people.
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Speaker 3: The Albanezi government has horrible form on this stuff. They
9:14
Speaker 3: keep letting Muslim hate peddlers into the country and only
9:18
Speaker 3: seem to change their mind when the media gets onto it.
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Speaker 3: Just last month we saw this report in the Daily
9:25
Speaker 3: Telegraph revealing that just after a Bangladeshi cleric who called
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Speaker 3: Jews the biggest terrorists in the world and praised Hitler,
9:34
Speaker 3: was led into the country before being deported, the government
9:38
Speaker 3: gave a visa to Bengali preacher Sheikh Ahmadullah, who has
9:43
Speaker 3: quoted a scholar who said even when to fish fight,
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Speaker 3: there would be a Jewish conspiracy behind it, and that
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Speaker 3: the Jews are despicable and the puppeteers behind all the
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Speaker 3: unrest in the world. After the Telei's revelations, Ahmadulla T
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Speaker 3: two was deported.
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Speaker 1: But why do they let them in.
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Speaker 3: Labour's appalling double standards are clear. The government constantly demonizes
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Speaker 3: Israel and they are apologists for Islamists extremism, the most
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Speaker 3: dangerous threat in this country. They are so weak on
10:20
Speaker 3: Islamist extremism that they will not even mention it.
10:23
Speaker 1: They will not say its name. But who have they
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Speaker 1: banned from our country?
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Speaker 3: Well, Burke and Albanizi have banned serving Israeli politician Simchaw Rothman,
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Speaker 3: and they banned former Israeli politician Iolette Shakhed And incredibly,
10:41
Speaker 3: they even banned tech expert and commentator Hillel Fuld who
10:45
Speaker 3: was coming to Australia to raise money for a Jewish charity.
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Speaker 1: I spoke to Fuld about all this last year.
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Speaker 9: That was, from my perspective, just the beginning of the
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Speaker 9: moral deterioration.
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Speaker 1: I mean, it wasn't the beginning.
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Speaker 9: We've been seeing this for years, but you know, it
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Speaker 9: seems to me that your Prime Minister and your government
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Speaker 9: has completely lost the plot and their moral compass has
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Speaker 9: completely shattered to pieces.
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Speaker 3: These Jewish people banned from our country perhaps should have
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Speaker 3: spouted some anti Semitic hatred, some self loathing, then it
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Speaker 3: seems they would have been allowed in Anthony Alberanisi and
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Speaker 3: Tony Burke, your demonization of Israel, abandonment of Jewish Australians,
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Speaker 3: and complete weakness and denial about the threat of Islamist
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Speaker 3: extremism poses a dire threat to all Jewish Australians and
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Speaker 3: all Australians.
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Speaker 1: This cannot be allowed to go on.
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Speaker 3: The Coalition needs to start calling this out and providing
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Speaker 3: a strong counterpoint to make our country safer. Listen to
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Speaker 3: the British Conservative leader Kemmy Badenock making her position clear,
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Speaker 3: even in the face of the usual vile false equivalents
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Speaker 3: from the left.
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Speaker 1: That's it.
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Speaker 11: People who died and who've been killed with Jewish people
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Speaker 11: in synagogues. Let's stop pretending that something else is happening.
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Speaker 11: Thank you, it is, it is it very much?
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Speaker 1: Is it very much? Is it very much?
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Speaker 9: Is about Jewish people.
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Speaker 11: And you can say, you can say all that, you
12:17
Speaker 11: can say.
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Speaker 1: All that you like.
12:18
Speaker 11: But this is how the nineteen thirty started, with people
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Speaker 11: pretending not to see what was happening in front of them.
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Speaker 11: I am not lying.
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Speaker 3: I can see.
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Speaker 11: No, No, I'm telling people. I'm telling people the tray
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Speaker 11: and they will always know that I stand behind Jewish
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Speaker 11: people whom I stand for them. I'm sorry, but I
12:34
Speaker 11: disagree with you.
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Speaker 1: You just have to accept that ideas.
12:37
Speaker 11: That's too bad. That's too bad. People know where I stand.
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Speaker 11: And I'm not going to be intimidated. I'm not pandering
12:43
Speaker 11: to the car right and what I am doing is
12:45
Speaker 11: supporting No, no, no, what I'm doing is support your
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Speaker 11: Jewish people from the sort of ignorance people like you
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Speaker 11: put out there, and I will never be intimidated by it.
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Speaker 3: That's okay, well said, and spot on Bednock showing some
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Speaker 3: moral clarity and spine. It's time for the Coalition to
13:03
Speaker 3: cool out Labour's dangerous weakness here in Australia. Let's get
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Speaker 3: back to the economy now and the RBA lifting the
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Speaker 3: cash rate by twenty five points up to four point
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Speaker 3: three five percent. Joining me in the studio now is
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Speaker 3: economist Dmitri Berstein from Eminent Advisory.
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Speaker 1: Good to speak to you again, Dmitri.
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Speaker 3: That's see, Chris, I was a bit perturbed by Michelle Bullock,
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Speaker 3: the RBA governor, not ruling out the chance of recessions.
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Speaker 3: She says, our growth is going to be anemic, but
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Speaker 3: she's conscious of the fact that the economy could be
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Speaker 3: pushed into recession. Do you see that as a threat?
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Speaker 2: Very much?
13:40
Speaker 1: So.
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Speaker 12: She was probably cautious because she doesn't know what's going
13:44
Speaker 12: to be in next week's budget. If rumors prove true,
13:48
Speaker 12: that will be a high taxing, high spending budget that
13:51
Speaker 12: will not only put upward pressure on interest rates, but
13:54
Speaker 12: I'll put downward pressure on economic growth.
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Speaker 3: Well, she made it very clear in her press conference
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Speaker 3: today that increased government spend cost of living handouts would
14:02
Speaker 3: work against what her interest rate rises are trying to
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Speaker 3: do and therefore effectively help push rates even higher.
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Speaker 12: Well, that's correct, and we saw that in today's Victorian budget,
14:12
Speaker 12: where there was a very large cost of living package,
14:15
Speaker 12: where the Victorian government was handing out money directly and
14:18
Speaker 12: indirectly what the Reserve Bank governor said, was it's you know,
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Speaker 12: there's no point in the RBA trying to slow inflation
14:27
Speaker 12: by taking money out of the economy if the government's
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Speaker 12: just putting it right back through handouts.
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Speaker 1: Spot on.
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Speaker 3: They seem to be in denial about this. Charmers and
14:34
Speaker 3: Albanezi keep saying that the budget can't be the number
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Speaker 3: one cause of inflation. Well it could be, but no
14:42
Speaker 3: one's even saying it's the number one cause. There are
14:44
Speaker 3: many other factors like increasing electricity prices, that I have
14:47
Speaker 3: a role in increasing wages, that they have a role
14:50
Speaker 3: in lack of productivity growth.
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Speaker 1: That they have a role in what's going on.
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Speaker 12: Well, I think they are either in denial or in delusion.
15:01
Speaker 12: The only source of inflation and economy is government. It's
15:04
Speaker 12: through spending or regulation, spending to enhance government spending that
15:10
Speaker 12: pushes more money into the economy, or regulation and taxing
15:13
Speaker 12: that suppresses supply. It's the only source of the only
15:16
Speaker 12: cause of inflation that's ever possible.
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Speaker 3: Please tell me I've got this wrong, although it would
15:21
Speaker 3: be very embarrassing if I did, because I've been going
15:23
Speaker 3: on about it for a while.
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Speaker 1: But they keep claiming that they've made.
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Speaker 3: One hundred and fourteen billion dollars worth of savings now
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Speaker 3: budgetary savings. This is a nonsense because each one of
15:33
Speaker 3: their budgets has spent more money. They're now spending two
15:35
Speaker 3: and a half percent more of GDP in their budget
15:39
Speaker 3: than they did when they are elected.
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Speaker 1: Where are these savings.
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Speaker 12: You tell me, Chris, because you know, I'm a believer
15:46
Speaker 12: that the accounts always tell the truth, because you can't
15:50
Speaker 12: have all these surpluses and yet see debt rising by
15:52
Speaker 12: one hundred and fifty billion dollars over the term of
15:55
Speaker 12: the labor government.
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Speaker 3: So what they're saying is that over the time they've
15:59
Speaker 3: been in government, shifted one hundred and fourteen billion dollars
16:02
Speaker 3: from some programs and put it to others christ and more,
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Speaker 3: of course, and there had been net no savings.
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Speaker 12: It's actually worse than that, Cris is they've moved stuff
16:10
Speaker 12: off budget. So for example, through the various funds that
16:13
Speaker 12: they've set up, they've moved spending off budget to mask it.
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Speaker 12: The ratings agencies will see right through this, and in
16:22
Speaker 12: the end, so all the bond markets, because ultimately the
16:25
Speaker 12: government's going to go to the bond markets asking for
16:27
Speaker 12: more money.
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Speaker 1: This is going to create a lot of pain, isn't it?
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Speaker 3: This additional interest rate rise, we're starting to get to
16:32
Speaker 3: high levels now for mortgage rate holders, a couple of
16:35
Speaker 3: one hundred bucks an extra a month on a lot
16:38
Speaker 3: of average sized mortgages.
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Speaker 12: Very much so myself included yes. And when you factor
16:45
Speaker 12: in what is expected to be tax increases in the
16:48
Speaker 12: coming budget, where we are now is this is twenty
16:51
Speaker 12: nineteen all over again, twenty nineteen. This is the plan
16:54
Speaker 12: that the Labor then opposition proposed to take to the
16:58
Speaker 12: election in twenty nineteen, and it was the big end
17:00
Speaker 12: of town. Now it's you know, it's the Intergeneration Equity.
17:03
Speaker 12: It's the same plan, different marketing.
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Speaker 1: Exactly, different marketing. This is what kills me.
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Speaker 3: Right, they're pretending what they're going to do to housing
17:10
Speaker 3: that is increase taxing taxes on housing investments.
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Speaker 1: They're pretending that's going.
17:15
Speaker 3: To make life easier for the young, and that's going
17:17
Speaker 3: to increase housing supply. Now you think about what a
17:21
Speaker 3: tax does to something. It limits its supply, it reduces it. Right,
17:26
Speaker 3: and even labor knows this. Labor loves. They want to
17:28
Speaker 3: get rid of carbonate, a carbon tax, right, They wanted
17:30
Speaker 3: to stop a smoking. They gave a cigarette tax. They
17:33
Speaker 3: want to cut down on alcohol abuse, higher taxes on alcohol.
17:36
Speaker 3: You know, they want sugar out of stuff. They want
17:38
Speaker 3: to tax sugar suddenly. Taxes on housing is going to
17:41
Speaker 3: create more of it.
17:42
Speaker 2: It's insane.
17:43
Speaker 12: Yes, If the government wants to address intergenerational equity, the
17:48
Speaker 12: first and best thing it can do is cut taxes
17:52
Speaker 12: on labor. Young people, the main thing they have to
17:55
Speaker 12: sell to the market is their time, and when the
17:59
Speaker 12: government is taxing it at ever higher rates because of
18:02
Speaker 12: bracket creep, the average tax rate is going up in
18:05
Speaker 12: bucket loads. All the projections of you know, a budget
18:10
Speaker 12: surplus in the never never, they're unpredicated on bracket creep.
18:14
Speaker 12: If the reason people are negatively gearing is because income
18:17
Speaker 12: tax is too high, the reason that capital gains taxes
18:22
Speaker 12: are allegedly such a big loss of the budget is
18:24
Speaker 12: because it's half of the marginal tax rate, half the
18:28
Speaker 12: tax rates. And the only way they can do that
18:31
Speaker 12: is to you know, pursue a supply side agenda that
18:35
Speaker 12: starts with reducing government spending, reducing regulation, reducing taxes.
18:40
Speaker 3: Making it easier for people to invest and look after themselves.
18:43
Speaker 3: Thanks for joining us, Dimitri appreciate it. Dmitriy Berstein there
18:46
Speaker 3: from Eminence Advisory. Now, we've been talking for weeks about
18:51
Speaker 3: a forum that was due to take place in Sydney
18:53
Speaker 3: tonight in an art center that's owned by the Sydney
18:57
Speaker 3: City Council, and the forum was going to look at
18:59
Speaker 3: why it's right to say globalize the intero Fada. Sydney
19:04
Speaker 3: Lord Mayor Clover Moore finally stepped in at the eleventh
19:07
Speaker 3: hour last night, canceling the booking. But the event is
19:11
Speaker 3: still going to take place at a park nearby. Let's
19:14
Speaker 3: bring in Jewish community advocate Marty Perstin.
19:17
Speaker 1: Thanks for joining us. Marty, good to talk to you again.
19:19
Speaker 3: I want to get your thoughts on day two of
19:21
Speaker 3: the Royal Commission's public hearings.
19:22
Speaker 1: But firstly, at least relief that.
19:25
Speaker 3: The Sydney City Council finally realized it could not host
19:30
Speaker 3: such a hateful forum.
19:32
Speaker 13: Relief, yes, but it took them an awful long time
19:35
Speaker 13: to come to that conclusion, weeks and weeks, and I
19:38
Speaker 13: think just you know, the publicity around the event was growing,
19:42
Speaker 13: and the power struggle around it was growing, and the
19:46
Speaker 13: event still going ahead. So I don't know if it
19:49
Speaker 13: really matters that it was canceled by Clover Moor.
19:52
Speaker 3: Yeah, let's have a look at what the premier New
19:55
Speaker 3: South Wales Premier Chrismins has had to say about this.
19:58
Speaker 1: Look, I am concerned about it.
20:00
Speaker 14: It made it really clear that I think that phrase,
20:03
Speaker 14: that phraseology is antithetical to the kind of community that
20:09
Speaker 14: we want to live in.
20:10
Speaker 1: And my sense is that a call.
20:13
Speaker 14: To globalize the Intervada is a call to globalize violent uprising,
20:18
Speaker 14: which is the opposite of what we want to have
20:20
Speaker 14: in New South Wales. That's the weather they've saught police permission.
20:24
Speaker 1: I don't know. Yeah, let's be clear about this.
20:27
Speaker 3: Globalizing the Interfada means globalizing terrorism and violence against Israel
20:34
Speaker 3: and against Jews. It means more of what we've seen
20:36
Speaker 3: at Bondai. It is repugnant. And yet today MANI well,
20:40
Speaker 3: we talk about the causes of anti Semitism and violence
20:43
Speaker 3: and islamust extremism in this country. There are Australians who
20:47
Speaker 3: will gather and support the use of that phrase. I mean,
20:52
Speaker 3: all Australians should be absolutely disgusted by this, But of
20:57
Speaker 3: course tell us about how intimidating that is if you're
21:00
Speaker 3: a Jewish Australian.
21:01
Speaker 15: Well, I think the first.
21:02
Speaker 13: Point I want to make is this has gone beyond
21:05
Speaker 13: the issue of being a safety problem for Jewish Australians.
21:09
Speaker 13: This event is now about flagrant disregard of authority.
21:13
Speaker 1: It's about a.
21:14
Speaker 13: Group of people who don't want to address any social boundaries.
21:20
Speaker 13: It's about a group of people who are engaged in
21:22
Speaker 13: a power struggle.
21:23
Speaker 4: And I really wonder if they.
21:24
Speaker 13: Even remember what they are protesting for tonight. And I
21:29
Speaker 13: think what every Australian needs to be asking themselves at
21:33
Speaker 13: this point is who is running our city and who
21:35
Speaker 13: is running the state of New South Wales. Because Chris
21:38
Speaker 13: Men's is not even sure that these people have I
21:42
Speaker 13: think it's called.
21:44
Speaker 16: A Form one application from the police to legally go
21:47
Speaker 16: ahead with this event tonight. So the first thing that
21:50
Speaker 16: I think is intimidating for all of us, not just
21:53
Speaker 16: Jewish Australians, is the lack of control that governments seem
21:58
Speaker 16: to have over there are protesters like this, and in
22:02
Speaker 16: terms of the timing, how tone deaf it is.
22:05
Speaker 13: It's day two of the Royal Commission. The fact that
22:09
Speaker 13: this group of people want to get together and call
22:13
Speaker 13: for violence against Jews everywhere. It is intimidating, and it's
22:18
Speaker 13: another example of their disregard for authority or just for
22:25
Speaker 13: the opinion of any other group of people, because the
22:27
Speaker 13: Jewish community has told them that that phrase for us
22:31
Speaker 13: means the mobilization of violence against Jews.
22:35
Speaker 3: The only thing it can mean, it's the only thing
22:36
Speaker 3: it can mean. I know you've been keeping an eye.
22:39
Speaker 3: I know you've been keeping an eye on the Royal Commission.
22:41
Speaker 3: More harrowing evidence today. Have a listen to this mother.
22:45
Speaker 17: Asked she my daughter broke her nose at school and
22:47
Speaker 17: I had to rush her from school to the emergency department,
22:49
Speaker 17: and she was wearing her Jewish school uniform. And I
22:53
Speaker 17: just remember sitting in the waiting room of the emergency
22:56
Speaker 17: department wishing that she wasn't in her school because I
23:00
Speaker 17: was so worried that a doctor or a nurse might
23:05
Speaker 17: not treat her in the way that she should be
23:07
Speaker 17: treated because she was identifiably Jewish.
23:10
Speaker 1: How horrific.
23:11
Speaker 3: Many we've seen nurses online in Sydney joking about killing Jews.
23:16
Speaker 3: Those matters still before the courts, but this is a
23:18
Speaker 3: sort of sort of again that word intimidation, threatening environment,
23:22
Speaker 3: that Australians are living with.
23:24
Speaker 13: This one breaks my heart because I had a similar
23:26
Speaker 13: incident a few days ago. I was recommended a specialist
23:30
Speaker 13: for a family member and I was not able to
23:32
Speaker 13: send my family member to that specialist because at the
23:35
Speaker 13: hospital that they work in, because I was worried about
23:38
Speaker 13: the level of care that they would receive. But we
23:40
Speaker 13: saw at Liverpool Hospital after the Bondai massacre that there
23:44
Speaker 13: was a survivor of the massacre whose name was changed
23:47
Speaker 13: to Karen Jones and her religion was taken off her
23:50
Speaker 13: patient file.
23:52
Speaker 7: And I've heard of.
23:53
Speaker 13: Numerous examples of Jewish patients but also Jewish medical staff
23:58
Speaker 13: who are hiding their identity. There is actually an organization
24:02
Speaker 13: called the Australian Zionist Healthcare Alliance which was set up
24:06
Speaker 13: so that Jewish patients and Jewish medical staff could report
24:10
Speaker 13: incidents of antisemitism. So it's a very widespread issue. I
24:14
Speaker 13: was actually involved in October in a conference where shockingly Chris,
24:20
Speaker 13: over two days, one hundred Jewish doctors signed up to
24:25
Speaker 13: move to Israel and work in Israel because they can
24:28
Speaker 13: no longer deal with the inherent antisemitism in.
24:32
Speaker 16: The medical system.
24:33
Speaker 13: That's one hundred in two days.
24:34
Speaker 1: It was shocking to me.
24:36
Speaker 3: Good Lord Marnie, thanks so much for joining us again tonight.
24:39
Speaker 1: We'll catch up with you again soon.
24:41
Speaker 3: Maney Perstine, who has been keeping an eye on the
24:44
Speaker 3: Raw Commission, and we'll touch base with her on that again.
24:48
Speaker 3: This stuff is repugnant and if it doesn't affect you,
24:52
Speaker 3: if you're not engage in the issue, read up, get involved,
24:56
Speaker 3: learn and call out any of your friends, call out
24:59
Speaker 3: any of your eggs Durant friends. Young people who think
25:02
Speaker 3: they're on some liberation campaign for the people of Palestine,
25:06
Speaker 3: they are actually supporting horrible, violent anti semitism driven by
25:12
Speaker 3: Islamist extremism.
25:14
Speaker 1: We've got to get on top of it.
25:15
Speaker 3: Coming up after the break, Tim Blair, we'll talk about
25:18
Speaker 3: the snowy Hydro two point zero being hit by yet
25:21
Speaker 3: more problems, more of our money being buried. Lad's head
25:29
Speaker 3: out to one of the best man caves in the
25:31
Speaker 3: country and catch up.
25:32
Speaker 1: With the Daily Telegraphs. Tim Blair, good to talk to you, mate.
25:35
Speaker 3: I want to get your thoughts first on your column
25:38
Speaker 3: because you, like me, have been outraged that not only
25:42
Speaker 3: the timidity of our political leaders, the way they're frightened
25:46
Speaker 3: to use the term Islamist extremism. But even in that
25:49
Speaker 3: interim report from the Royal Commission last week, they can
25:52
Speaker 3: hardly raise it's raised the name there, they can hardly
25:56
Speaker 3: mention it there.
25:58
Speaker 14: Yeah.
25:58
Speaker 18: I think we had a total of eleven mentions interim
26:00
Speaker 18: report of Islam, and two of those were mentions of Islamophobia.
26:06
Speaker 18: There were multiple mentions of Islamic state not exactly a
26:08
Speaker 18: great local force or of local significance. And in the
26:12
Speaker 18: same report that had eleven mentions of Islam, twenty five
26:15
Speaker 18: mentions of gun buyback scheme. So it just goes to
26:18
Speaker 18: show the priorities of that interim report. And I hope
26:20
Speaker 18: to hell that things turn around before a final report
26:23
Speaker 18: comes our wayh.
26:24
Speaker 3: Yeah, I'm just worried, sick that they're going to try
26:26
Speaker 3: and avoid this crucial driver of everything we're seeing in
26:30
Speaker 3: this country. Let's go to something more pleasant, because there
26:33
Speaker 3: is a grand scheme that's going to make this country
26:35
Speaker 3: great for all of us.
26:36
Speaker 10: Have a look, I am a nation building Prime Minister,
26:40
Speaker 10: believe me, and this is a nation building project.
26:43
Speaker 1: These are big dreams in these mountains.
26:46
Speaker 12: Real courage, a belief in the future, a confidence in Australia.
26:53
Speaker 3: Ah, good old Malcolm, he was going to fix everything
26:55
Speaker 3: for a swas and need tim.
26:57
Speaker 1: Cost of that project when he promised it that day
27:00
Speaker 1: two billion dollars. Now it's looking at forty two billion dollars.
27:04
Speaker 1: And let's have a look underground.
27:06
Speaker 3: We see that tunneling has hit more problems. There's water
27:11
Speaker 3: coming in, more delays, more shambles, more money.
27:16
Speaker 18: Tim, Stick a turbine under that water and you crank
27:20
Speaker 18: out a few.
27:22
Speaker 2: Units of energy, wouldn't you?
27:24
Speaker 18: This is what I love about our political culture at present.
27:27
Speaker 18: We've got a lot of people criticizing one nation. The
27:30
Speaker 18: emerging power of Australian politics is being unprepared, as being ambateurish,
27:34
Speaker 18: of not having any properly thought out ideas. And it's
27:37
Speaker 18: fair enough make those criticisms, but look at what the
27:40
Speaker 18: previous experts, the wizards, the genius is the elite of
27:43
Speaker 18: Australia society.
27:44
Speaker 2: Look at what they've done. They've given us this leaking.
27:47
Speaker 18: Monstrosity that is not ever going to work at any
27:51
Speaker 18: sort of level at which it was pitched. It's costing
27:53
Speaker 18: I think a couple of nuclear plants worth of worth
27:57
Speaker 18: of wasted money.
27:58
Speaker 2: And now it's.
27:59
Speaker 18: Leaking like as it's an absolute it's leaking like a
28:03
Speaker 18: like a Labor Party cabinet men cabinet meeting back in
28:06
Speaker 18: the old days.
28:09
Speaker 3: At the current costings, it would have built at least
28:12
Speaker 3: four or five major nuclear power stations that would run
28:15
Speaker 3: a mission free for seventy five years.
28:17
Speaker 1: But don't worry.
28:19
Speaker 3: If Malcolm Turnbull was our Batman's still going to be
28:22
Speaker 3: fixed by our Robin.
28:25
Speaker 5: Snow and Tip point zero, one of the biggest construction
28:28
Speaker 5: programs in the world, twenty seven kilometers of tunnel's four
28:31
Speaker 5: thousand workers.
28:32
Speaker 15: In twenty twenty two, this project was way off track.
28:34
Speaker 1: We've got it back on track. It's now seventy percent complete.
28:39
Speaker 3: We got to send him underground into that tunnel and
28:42
Speaker 3: say you're not coming out, Chris until you have fixed it.
28:46
Speaker 2: It's a debarkle.
28:47
Speaker 18: And the fact that this is this is when people
28:49
Speaker 18: talk about the UNI Party, they talk about not having
28:51
Speaker 18: much choice between labor and liberal. This is what we
28:54
Speaker 18: what we should be thinking about. It's this sort of
28:56
Speaker 18: massive shared commitment with no proper argument, proper disputes, and
29:02
Speaker 18: it ends up just being a massive The only loser
29:05
Speaker 18: is Istrail in public, who are paying for it all.
29:07
Speaker 11: Yeah.
29:07
Speaker 3: Now, staying on Chris Bowen, he tells us that in
29:10
Speaker 3: the budget they're going to be starting to wind back
29:12
Speaker 3: some of the tax incentives for electric vehicles. That's welcome news,
29:19
Speaker 3: although it just gets to the point that there's still
29:21
Speaker 3: going to be tax incentives. And I think these I
29:24
Speaker 3: thought these things were so wonderful, so cheap, so spectacularly useful,
29:28
Speaker 3: they should be able to just sell themselves on the market.
29:32
Speaker 18: Well, you remember back in the old days when when
29:35
Speaker 18: we change from horses to model t forwards, and there
29:37
Speaker 18: are all these incentives to get away from hay, you know,
29:40
Speaker 18: move away from the water troughs outside wild Western bars
29:44
Speaker 18: and move into the new fangled vehicles. They were paying
29:46
Speaker 18: us to buy the model people know they weren't because
29:49
Speaker 18: they put on hay.
29:51
Speaker 3: They put a carbon tax on hay to force us
29:53
Speaker 3: into cars.
29:54
Speaker 18: No, exactly, they didn't need to, because everything full wheel
29:59
Speaker 18: and vehe killer was so much superior to horse drawn traffic,
30:03
Speaker 18: horseborne drawn vehicles that it was just an easy decision
30:06
Speaker 18: to make with these.
30:07
Speaker 2: However, they're really putting the car.
30:09
Speaker 18: Before the horse, aren't they. Then, Yeah, the supply before
30:12
Speaker 18: the demand.
30:13
Speaker 3: We can all buy our tax exempt evs and put
30:16
Speaker 3: them in the garage and wait till the snowy hydro
30:19
Speaker 3: two point home protect is underweight to charge them up.
30:24
Speaker 2: What a share.
30:25
Speaker 1: Thanks for joining us, Tim, We'll keep you later in
30:27
Speaker 1: the week. We've got to get to a break.
30:29
Speaker 3: On the other side, Donald Trump's unpopularity hit a new
30:32
Speaker 3: high in the poles in the US as the Middle
30:34
Speaker 3: East war test the patients of his supporter based Kristen Tate.
30:38
Speaker 1: We all over that for us.
30:39
Speaker 3: After the break, let's go to more on the budget
30:46
Speaker 3: and the economy with the interest rate rise today and
30:50
Speaker 3: cross the Hobart and catch up with Shadow Finance Minister
30:53
Speaker 3: Claire Chan the clear.
30:54
Speaker 1: Thanks for joining us. What is this interest rate rise
30:57
Speaker 1: going to do to Australia's house in crisis?
31:03
Speaker 15: Well, Chris, I think many Australians will be looking at
31:06
Speaker 15: the interest rate rise from the RBA today and feeling
31:11
Speaker 15: pretty depressed about the state of things. They are going
31:14
Speaker 15: to be paying more on their mortgages. And we knew
31:17
Speaker 15: that this interest rate rise was coming because of the
31:19
Speaker 15: inflation data that was out last week. But I think
31:22
Speaker 15: it's really telling. Some of the comments that we heard
31:25
Speaker 15: from the Reserve Bank Governor today in relation to the
31:29
Speaker 15: state of government spending and the economy and the impact
31:32
Speaker 15: that that has had on inflation and consequently on interest
31:36
Speaker 15: rate rises. Now we know that obviously inflation has increased
31:41
Speaker 15: significantly in the last little while because of what's been
31:44
Speaker 15: happening in the Middle East and the impact that that's
31:47
Speaker 15: had on fuel prices here. But the reality is this
31:50
Speaker 15: inflation problem that we have here in Australia is a
31:53
Speaker 15: homegrown issue and it is because the Albenezy government has
31:56
Speaker 15: failed to get government spending under control in the last
31:59
Speaker 15: little while. So, like I say, a disappointing day for
32:02
Speaker 15: Australians seeing that interest rate rise, but we know at
32:05
Speaker 15: the end of the day it is the government that
32:08
Speaker 15: has been spending to an extent that it's their responsibility
32:12
Speaker 15: in effect.
32:13
Speaker 3: Yeah, there's no doubt the fuel prices because of the
32:15
Speaker 3: war have exacerbated the situation over the past five or
32:18
Speaker 3: six weeks, but the inflation pressures re emerged before that war.
32:23
Speaker 3: Interest rates started going up again. And the big warry
32:26
Speaker 3: is what is next week's budget going to go to
32:29
Speaker 3: the situation? Because we're hearing about higher taxes on housing
32:33
Speaker 3: in particular, and also more cost of living relief, more spending,
32:37
Speaker 3: which the Reserve Bank governor warned today would work against
32:41
Speaker 3: what her interistrates are trying to.
32:43
Speaker 12: Do, exactly right.
32:46
Speaker 15: And I suspect a lot of people are going to
32:48
Speaker 15: say between now and next Tuesday that old Jim Chalmers
32:51
Speaker 15: has a difficult job to do.
32:52
Speaker 1: He has to.
32:53
Speaker 15: Balance all of these priorities now, whether it's getting spending
32:56
Speaker 15: under control or providing Australians with the cost of living relief.
33:00
Speaker 15: Australians have to remember that the reason it's going to
33:03
Speaker 15: be difficult for Jim Chalmers to balance up all of
33:05
Speaker 15: these different measures in the budget next week is a
33:08
Speaker 15: problem of his government's own making. If the Albanezy government
33:11
Speaker 15: had been able to get inflation under control before the
33:15
Speaker 15: economic shock of a global oil crisis, then we would
33:19
Speaker 15: be in a far better position to be able to
33:21
Speaker 15: manage this very difficult economic circumstance that we find ourselves in.
33:26
Speaker 15: But because this government is addicted to spending, because that
33:30
Speaker 15: has driven up inflation, which has subsequently driven up interest rates,
33:34
Speaker 15: they are going to find themselves in a bit of
33:35
Speaker 15: a pickle next week.
33:37
Speaker 3: Yeah, And look, the proof is in the comparison for
33:40
Speaker 3: US too, because if you look at comparable countries like
33:43
Speaker 3: the UK, US, Canada, they all have interest rate regimes
33:47
Speaker 3: much lower than ours. They're not being hit the way
33:49
Speaker 3: we are from what's happened in the Middle East. And
33:51
Speaker 3: also the worry too for the depth bomb that sits
33:55
Speaker 3: on the shoulders of all young Australians in particular, is
33:58
Speaker 3: that we're seeing it from.
33:59
Speaker 1: State LANFEA governments as well.
34:00
Speaker 3: One hundred and ninety nine billion dollars is the new
34:04
Speaker 3: forecast peak of Victorian state debt.
34:10
Speaker 15: That's exactly right. And the other thing that it's important
34:12
Speaker 15: to note is that inflation in major comparable economies was
34:17
Speaker 15: far below Australia's as well prior to this crisis hitting.
34:21
Speaker 15: So unfortunately, at all data points, it's very clear to
34:25
Speaker 15: see that Australia was in a bad position to be
34:28
Speaker 15: able to manage the economic shock of the oil crisis
34:32
Speaker 15: because the Albenese government hasn't been able to manage the
34:35
Speaker 15: budget effectively, and that's going to impact Australians now as
34:39
Speaker 15: we've seen today with interest rates going up, and it's
34:42
Speaker 15: going to impact Australians into the future because we need
34:45
Speaker 15: the government to get government spending under control and start
34:48
Speaker 15: to attack that almost trillion dollars worth of debt that
34:50
Speaker 15: it's sitting on. But frankly, right now, I just can't
34:54
Speaker 15: see that happening from the Albenese government.
34:56
Speaker 1: It is such a worry. Thanks for joining us clear,
34:58
Speaker 1: appreciate it.
35:00
Speaker 3: Send as a clear channeler there, joining us from Tasmania
35:03
Speaker 3: to I'm so worried about this, and you should be.
35:05
Speaker 1: We've had cost of.
35:06
Speaker 3: Living crisis going on for a long while. You know that,
35:09
Speaker 3: we all know that pain. But I'm worried about where
35:11
Speaker 3: the whole economy is going in the next twelve months
35:14
Speaker 3: and whether this mob can pick away through it, or
35:16
Speaker 3: whether we might get lucky somehow we will see. Look,
35:20
Speaker 3: I'm going to cross to our US contributor, to Christen
35:22
Speaker 3: Tate in the US in just a moment. But first
35:25
Speaker 3: more Arjibaji in the Haumer's Strait with the United States,
35:29
Speaker 3: s and Iran trading fire.
35:31
Speaker 1: Here's the latest from sky News UK.
35:36
Speaker 6: The battle for the Strait of Homer's appears to be underway.
35:40
Speaker 6: Iranian state television showing these pictures and claiming warning shots
35:45
Speaker 6: have been fired at American warships. America released images of
35:50
Speaker 6: its own showcasing its personnel in the Persian Gulf as
35:54
Speaker 6: it claimed to have destroyed seven Iranian boats. Currently, around
36:00
Speaker 6: one thousand vessels and twenty thousand maritime crew are stuck
36:05
Speaker 6: in the Persian Gulf.
36:07
Speaker 3: Yeah, the war has hated up. The warfare in the
36:10
Speaker 3: strait has hated up. And as I said to Kristen
36:12
Speaker 3: tight talk of the guy shattered settlement seems to have dissipated.
36:17
Speaker 19: Yes, And this is precisely the kind of escalation that
36:20
Speaker 19: many people have been warning about what we're seeing right now,
36:23
Speaker 19: you know, these kind of warning shots, swarming boats and
36:26
Speaker 19: hundreds or maybe thousands of vessels stuck.
36:29
Speaker 1: In the gulf.
36:29
Speaker 19: This is potentially the early stages of a choke hold
36:32
Speaker 19: on global shipping. Remember, the Strait of Hermose is only
36:36
Speaker 19: about twenty miles wide at its narrowest, so you know,
36:39
Speaker 19: you don't need a massive maybe to shut it down.
36:42
Speaker 19: All around has to do is kind of create chaos
36:44
Speaker 19: in that area and make the water too dangerous for
36:47
Speaker 19: anyone to operate. And that's kind of what's going on here.
36:51
Speaker 19: And the longer that this drags on, the deeper the
36:54
Speaker 19: conflict could potentially get.
36:56
Speaker 3: Yeah, and US President Donald Trump has had a bit
36:59
Speaker 3: to say about the duration of the war so far.
37:02
Speaker 20: I have a look, we have a war right now,
37:05
Speaker 20: and we're there like what six weeks? They said, what's
37:09
Speaker 20: taken so long? We were in Vietnam nineteen years, We're
37:13
Speaker 20: in Iraq for many years, ten years, twelve years, We're
37:18
Speaker 20: in all these different wars, Korea seven years. I won't
37:23
Speaker 20: even mentioned World War two. That's a big baby. But
37:25
Speaker 20: you had the wrong person up here. You'll be in
37:28
Speaker 20: You'll be in World War three.
37:30
Speaker 3: Yeah, Well, important context there from Donald Trump, But that's
37:34
Speaker 3: not the way most Americans are saying, right you seeing
37:36
Speaker 3: the pressure through the petrol pump.
37:40
Speaker 19: Yes, precisely. You know, we are paying well over four
37:44
Speaker 19: dollars a gallon of gas here, which is very high
37:46
Speaker 19: for US standards. And people hear this kind of language,
37:50
Speaker 19: you know, comparing this to the length of previous wars,
37:53
Speaker 19: and it really scares people that we're going to get
37:55
Speaker 19: back into another, you know, drawn out situation in the
37:59
Speaker 19: Middle East. And it begs the question, who's advising Trump
38:02
Speaker 19: right now? And voters are sitting here wondering how much
38:05
Speaker 19: more expensive is gas going to get? How much more
38:09
Speaker 19: inflation are we going to see all for this war
38:12
Speaker 19: that we were told to be very short, and now
38:16
Speaker 19: it's looking like it could really get drawn out and
38:18
Speaker 19: have political consequences for the administration.
38:21
Speaker 14: Yeah.
38:21
Speaker 3: Well, let's have a look at what's showing up in
38:23
Speaker 3: the opinion polls and you pulled out from ABC News
38:26
Speaker 3: Washington Post ipsoce. It shows the disapproval for the president
38:30
Speaker 3: rising to a new high of sixty two percent.
38:33
Speaker 1: This must be a.
38:34
Speaker 3: Deep worry for the Republicans within six months of the
38:37
Speaker 3: midterm elections.
38:40
Speaker 19: Of course it is. Right before we went on air,
38:42
Speaker 19: I was looking back at the falls from twenty twenty four.
38:45
Speaker 19: The top three issues for Trump's voters going into that
38:48
Speaker 19: election were immigration, crime, and the economy. Now, on immigration,
38:52
Speaker 19: I give Trump a lot of credit. He has shut
38:54
Speaker 19: down the border effectively, but we really haven't seen the
38:57
Speaker 19: mass deportations. Let's look at the economy is still going
39:01
Speaker 19: on and it's really impacting families, and crime in our
39:05
Speaker 19: cities hardly has been addressed at all by the administration.
39:08
Speaker 19: So this war in Iran really threatens to overshadow this administration,
39:14
Speaker 19: especially if it continues to drag on and doesn't end
39:17
Speaker 19: up well. And you know, Trump has done a lot
39:19
Speaker 19: of good things in this last year, but all of
39:22
Speaker 19: that threatens to be overshadowed, and we could lose big
39:26
Speaker 19: as Republicans in the midterms going into the fall and
39:29
Speaker 19: get stuck with more woke Democrats, people like you know,
39:32
Speaker 19: AOC and the Squad and the Joe Bidens of the
39:36
Speaker 19: world that we had done away with in the last election.
39:38
Speaker 19: All that work could be undone now.
39:41
Speaker 1: Now, I think is not worrying enough.
39:42
Speaker 3: Let's go for some light relief in New York City
39:45
Speaker 3: where the Mecgala has been on again.
39:48
Speaker 1: This is where the.
39:51
Speaker 3: Elites, the often liberal left, wealthy elite gather. There's been
39:55
Speaker 3: a bit of a protest there this time because there's
39:57
Speaker 3: a lot of money going into the event from bezos.
40:00
Speaker 1: Have a look, there's kristin the protests.
40:09
Speaker 3: They are almost as much part of the theater as
40:11
Speaker 3: the actual event.
40:13
Speaker 9: Yeah.
40:13
Speaker 19: I always have to chuckle when I watch these Met Gala,
40:17
Speaker 19: you know, fashion shows with these celebrities, and every year
40:21
Speaker 19: I'm reminded, you do they say fashion his art? And
40:23
Speaker 19: that was sort of the the theme of this year's
40:26
Speaker 19: Met Gala, And you know, a lot of the art
40:28
Speaker 19: should just stay in the basement. So many of these
40:32
Speaker 19: dresses that these out of touch celebrities wear are just
40:35
Speaker 19: not only hideous but ridiculous, inappropriate, but they do provide
40:40
Speaker 19: fodder for us normal Americans to laugh at. And yes,
40:43
Speaker 19: the protests just add another layer of ridiculousness for us
40:47
Speaker 19: to just point out and chuckle at.
40:49
Speaker 1: You did, right, Christin. And what the pictures we're seeing
40:52
Speaker 1: now are actually Katy Perry? Would you know?
40:54
Speaker 3: She looks like an Olympian fence competitor rather than the
41:00
Speaker 3: the singer songwriters she is.
41:01
Speaker 1: But no doubt that'll tell us how to live our lives, Kristin.
41:05
Speaker 19: Of course, these are the enlightened people. These are the
41:08
Speaker 19: people who know best, and we shall just shut up
41:10
Speaker 19: and listen to them because they're so much smarter than
41:13
Speaker 19: normal American They look ridiculous. Everybody's laughing at them. This
41:19
Speaker 19: Katy Perry looks like she was wearing some sort of
41:21
Speaker 19: Halloween costume. I mean, come on, there's edgy, there's fashion,
41:26
Speaker 19: and then there's just tacky. And a lot of these
41:28
Speaker 19: these dresses just kind of cross that line.
41:31
Speaker 3: A lot of it is tachy, dumb, and the sliphar
41:34
Speaker 3: up themselves.
41:34
Speaker 1: It's not worth talking about Thanks for joining us, Kristen,
41:39
Speaker 1: Thank you, Chris. Look, it wasn't Katy Perry.
41:43
Speaker 3: It could have been anybody right under that contraption, either
41:45
Speaker 3: a fencing competitor or.
41:47
Speaker 1: It looked like the eye of a blowfly mate. Who
41:50
Speaker 1: knows what it was.
41:51
Speaker 3: But I'm glad they're having a lot of fun with
41:53
Speaker 3: all their money and telling us what to do about
41:55
Speaker 3: all the big issues around the world.
41:57
Speaker 1: We've got to break. After that, we'll catch.
41:59
Speaker 3: Up with Susio Brian, Stephen Senate Tempo as we do
42:01
Speaker 3: on a Tuesday, we'll talk about our debt. Crist Is
42:03
Speaker 3: that a big possible move for Pauline Hanson. Let's catch
42:12
Speaker 3: up with our Tuesday panel, National Education editor for the
42:15
Speaker 3: News Court Papers Susio Brian in Melbourne and Radio two
42:18
Speaker 3: Double CEA breakfast host Steven Senator Tempo in Canberra.
42:21
Speaker 1: Looking very dap.
42:22
Speaker 3: I mate, They've been trying to get the kerchief into
42:24
Speaker 3: my pocket for years here at Sky, but I.
42:27
Speaker 1: Won't have a bar of it when I got to
42:28
Speaker 1: tie on as well. That you're showing me up well.
42:31
Speaker 2: To get onto it.
42:31
Speaker 3: Get it talk. Let's talk about Pauline Hansen. Susie when
42:37
Speaker 3: One Nation scored big in the South Australian election. You
42:40
Speaker 3: have the situation where the figure head, the leader, Cory
42:43
Speaker 3: Bernardi's in the upper House and they've got four members
42:45
Speaker 3: now in the lower House, so he's sort of leading
42:47
Speaker 3: from the upper House.
42:48
Speaker 1: Pauline Hanson is.
42:49
Speaker 3: Obviously thinking about it, and they're going to get some
42:51
Speaker 3: seats in the lower House and that's where she needs
42:53
Speaker 3: to be. She might switch from the Senate to run
42:56
Speaker 3: for Oxley again in Queensland.
42:58
Speaker 1: It would be a big move.
43:01
Speaker 21: Well, I mean it could be Oxley, it could be right.
43:04
Speaker 21: There are a number of seats that are being tossed
43:06
Speaker 21: around at the moment, and Corey Bernardi really had let
43:09
Speaker 21: the cat out of the bag saying that that was
43:12
Speaker 21: possibly what she's looking at. But she really needs to
43:15
Speaker 21: get to be a serious political force to have any
43:18
Speaker 21: kind of balance of power, to have any kind of
43:21
Speaker 21: impact on the federal scene. She has to have one
43:24
Speaker 21: nation has to have a seat in the lower House federally,
43:28
Speaker 21: and it just seems extraordinary that they have never held
43:31
Speaker 21: that seat. So that would be a massive coup for
43:34
Speaker 21: her and a signal that she is really going to
43:37
Speaker 21: be a major force.
43:38
Speaker 3: I was in South Australia for the election, and I
43:40
Speaker 3: was speaking to Corey at the time and he essentially
43:42
Speaker 3: admitted to me that if he'd known things that the
43:44
Speaker 3: polling was going to be so high, he might have
43:46
Speaker 3: run for that seat of Flinders on the Air Peninsula,
43:49
Speaker 3: which he probably would have.
43:50
Speaker 1: Won, but they didn't know that.
43:51
Speaker 3: When he nominated to take the Upper House seat there.
43:54
Speaker 3: Let's have a listen to what Pauline's had to say
43:56
Speaker 3: about this today.
43:58
Speaker 22: It is under consideration, no decisions have been made, but
44:01
Speaker 22: still two years outside the election, so it is under consideration.
44:05
Speaker 22: It's much of our house. You know, we're rise in
44:08
Speaker 22: the polls. It's something that necessary take in church in serration.
44:12
Speaker 3: So Steves, she's basically saying, I'll do it if I
44:14
Speaker 3: know I'm going to win.
44:17
Speaker 2: Yeah.
44:18
Speaker 4: What this highlights, Chris, is the old saying in the
44:20
Speaker 4: military that every private soldier has a Field Marshall's Batton
44:27
Speaker 4: in his napsack. Everybody wants to be the leader of
44:29
Speaker 4: this party. And that's what is always going to be
44:31
Speaker 4: the problem with One Nation is it's not about Pauline
44:34
Speaker 4: Hanson anymore.
44:35
Speaker 2: They've changed the name.
44:36
Speaker 4: It's not Pauline Hanson's One Nation, it's just the One
44:38
Speaker 4: Nation party. Now you've got Barnaby Joyce who's now saying, well,
44:42
Speaker 4: maybe I'll stick around and run for New England again.
44:45
Speaker 4: The two of these people are going to butt heads
44:47
Speaker 4: like you would not believe, and then more than likely
44:49
Speaker 4: they'll have a second lower House seat after the pharaoh
44:51
Speaker 4: by election. Whether or not that holds up at the
44:53
Speaker 4: federal election, I guess, is another issue. But if they
44:56
Speaker 4: do have the electoral success that they anticipate they're going
44:59
Speaker 4: to have and they up with a bunch of Lower
45:00
Speaker 4: House seats, you're going to end up with a whole
45:02
Speaker 4: bunch of people that want to be the leader of
45:04
Speaker 4: the party.
45:05
Speaker 3: Yes, indeed, I think there will be plenty of trouble
45:09
Speaker 3: of foot, no doubt, as there is for all parties,
45:12
Speaker 3: I suppose.
45:13
Speaker 1: Now let's get to the economy.
45:15
Speaker 3: And talk about the interest rate rises and in Victoria, Suzi,
45:19
Speaker 3: this must be a double banger of a political story today,
45:23
Speaker 3: because not only have rates gone up, but your state
45:25
Speaker 3: budget's out.
45:26
Speaker 1: One hundred and ninety nine billion dollars in state debt.
45:29
Speaker 1: That just seems inconceivable.
45:34
Speaker 21: Yep, thirty two million dollars a day Victorians are paying
45:37
Speaker 21: in interest alone, it'll be about two hundred billion by
45:42
Speaker 21: twenty thirty. And that's because this government cannot balance the books.
45:46
Speaker 21: We're paying for failed Commonwealth games bids, We're failed paying
45:52
Speaker 21: for infrastructure nobody wants, like the Outer Suburban Rail Link
45:56
Speaker 21: and Victorians everyday. Victorian's doing it tough for us, paying
46:00
Speaker 21: for the crap choices of this labor government. And we
46:04
Speaker 21: saw that very clearly today.
46:07
Speaker 1: Yeah, gee, it's a hell of a worry.
46:09
Speaker 3: And Stephen, with this interest rate rise and the budget
46:13
Speaker 3: that from everything we hear about, is only going to
46:16
Speaker 3: make things worse. Next week, surely people are going to
46:18
Speaker 3: start to wake up about this alb and easy labor
46:21
Speaker 3: government and its complete lack of economic drive and economic discipline.
46:29
Speaker 2: You would hope so.
46:30
Speaker 4: And I made this comment this morning on my program
46:33
Speaker 4: that it's all well and good to say that this
46:35
Speaker 4: government's addicted to spending, but I think we've become addicted
46:38
Speaker 4: to handouts as well. So we've got to take a
46:40
Speaker 4: bit of responsibility for the fact that we've brought into
46:43
Speaker 4: the narrative of these governments that just want to throw
46:45
Speaker 4: cash at us. But it highlights a problem Victoria and
46:48
Speaker 4: the federal government it's not only the federal debt of
46:51
Speaker 4: a trillion dollars. We've also got it nearly two hundred
46:54
Speaker 4: million dollars in Victoria. Every state and territory is out
46:56
Speaker 4: of control. We're getting to the point now where even
46:59
Speaker 4: good economic management is not going to fix the problem anymore.
47:02
Speaker 4: Now we know we're not going to get that from
47:04
Speaker 4: Jim Chalmers and Anthony Albanezi. But where is the future
47:08
Speaker 4: of this country where even if we get a good
47:10
Speaker 4: government coming at the next election, it's going to take
47:12
Speaker 4: them decades to sort the problem out, and they've got
47:15
Speaker 4: a combat that hand out mentality as well.
47:17
Speaker 2: I don't know how we dig ourselves out of this hole.
47:20
Speaker 3: Well, this is the problem I think so many people.
47:22
Speaker 3: I'm not criticizing younger people here. I mean, I wish
47:26
Speaker 3: I was in my thirties again. But I lived through this,
47:28
Speaker 3: and you'll know plenty of.
47:31
Speaker 1: People who did.
47:31
Speaker 3: You know, I bought my first house in the late
47:34
Speaker 3: eighties and then interest rates hit seventeen percent and we
47:38
Speaker 3: saw the unemployment, the difficulties of that serious recession in
47:42
Speaker 3: the early nineties. Well since then, you know, a lot
47:45
Speaker 3: of people haven't lived through that.
47:46
Speaker 1: Sort of pain.
47:47
Speaker 3: If we get that again, Susie, that will be absolutely horrendous.
47:54
Speaker 21: Yeah, And a lot of commentators are saying younger people
47:56
Speaker 21: aren't worried about debt the way that older people are
48:00
Speaker 21: because they're used to debt. They're used to putting things
48:03
Speaker 21: on after pay, so they get the debt before at
48:05
Speaker 21: the same time as they get the item. It's not
48:08
Speaker 21: like you save up like we used to have to.
48:12
Speaker 21: So there's very I agree, it's very concerning to see
48:15
Speaker 21: where this is all going to end. And you know,
48:18
Speaker 21: already people ahead of the next week's federal budget, which
48:21
Speaker 21: I'll be in the lock up, I'll be there for
48:24
Speaker 21: News Corp next week, people are already saying where are
48:27
Speaker 21: the handouts? What's in it for me? You know, what's
48:30
Speaker 21: going to be in my next in my back pocket.
48:32
Speaker 21: But they'll certainly be looking after the younger people more
48:35
Speaker 21: than the older people. That's their generational war that they'll
48:38
Speaker 21: be they're already picked.
48:40
Speaker 1: That's their argument. That's their argument.
48:41
Speaker 3: But as you've so eloquently put it, you know, with
48:44
Speaker 3: all this debt that's for young people.
48:47
Speaker 1: The old people won't repay the debt.
48:49
Speaker 3: That's taxation bakedd for the young people's future, just shocking stuff.
48:54
Speaker 1: Thanks for joining us against Brian and.
48:57
Speaker 3: Steven Center Tempa. I appreciate it. Flick it on the
48:59
Speaker 3: two double seat in the mornings in camera gets some
49:02
Speaker 3: common sense. Just a little bit of time for some
49:04
Speaker 3: of your feedback about what I had to say last
49:06
Speaker 3: night about these economic matters and the way labor is
49:09
Speaker 3: duping the young. Stuart says they are going to deny
49:12
Speaker 3: young people the opportunity to build well through property investment,
49:16
Speaker 3: as Albanezi himself did. Another viewer says young people aren't
49:21
Speaker 3: getting a fair crack because labor are hopeless economic managers.
49:25
Speaker 3: Managers they have exacerbated every single economic and housing problem
49:30
Speaker 3: Australians are having. Thanks so much for joining. I'll be
49:33
Speaker 3: back tomorrow night. Here's Peter Quadlin