Latest / The Kenny Report / The Kenny Report | 1 October
Transcript
- 0:02Speaker 1: This is The Kenny Report.
- 0:05Speaker 2: Welcome to the show. Steve Price in for Chris again tonight.
- 0:08Speaker 2: And we could today be talking about a September 11-style
- 0:12Speaker 2: airliner attack. on the program if it wasn't for extreme
- 0:15Speaker 2: bravery on board a fly Dubai flight headed for Tel Aviv.
- 0:19Speaker 2: Amazing details. More on that to come later. It is
- 0:22Speaker 2: October 1, which means changes to the way that we
- 0:25Speaker 2: use credit and debit cards for everyday purchases after the
- 0:29Speaker 2: RBA outlawed card payment fees. However, confusion seems to reign
- 0:34Speaker 2: about how this will impact on prices. Sally Tindall from
- 0:38Speaker 2: Canstar will walk us through all of that detail. And
- 0:41Speaker 2: Kenny Regular, Alexander Downer, join us. He's in London with
- 0:44Speaker 2: the latest on that bizarre foiled incident near an Air
- 0:47Speaker 2: Force base that hosts US bomber aircraft, plus the American
- 0:52Speaker 2: forces retreat from Iraq. I'll also have the latest in
- 0:55Speaker 2: sport with Kenny Regular, Mark Robinson, as three-time Premiership winning
- 0:59Speaker 2: Lions coach Chris Fagan pulls the plug on his career
- 1:03Speaker 2: while going out on top. But as I said at
- 1:06Speaker 2: the top today, brings a change to something, especially since COVID,
- 1:10Speaker 2: that we have become addicted to. using debit or credit
- 1:14Speaker 2: cards to tap and go, buying just about everything we
- 1:17Speaker 2: purchased from petrol to coffee and groceries. A small minority
- 1:21Speaker 2: of people still use cash, but we are all but
- 1:24Speaker 2: a cashless society, which suits the banks, and most of
- 1:28Speaker 2: us ignored the fact that each tap came with a
- 1:31Speaker 2: small charge. Now, an inquiry by the independent RBA chose
- 1:34Speaker 2: October 1 today as the date when those transaction charges
- 1:38Speaker 2: were were no longer legally being able to be applied.
- 1:42Speaker 2: On first blush, that seemed like a good thing for consumers.
- 1:45Speaker 2: Government tried to sell it that way. And typically, that
- 1:48Speaker 2: same government is now taking credit for saving you money,
- 1:52Speaker 2: even though it was an RBA move. Now, here's the
- 1:54Speaker 2: Prime Minister, Anthony Albanese, today, chirping away on social media
- 2:00Speaker 2: about how he and his treasurer are saving you money.
- 2:04Speaker 3: Every time you tap, those little surcharges add up. Right now,
- 2:07Speaker 3: they're costing Aussies $ 1. 6 billion each and every year. But
- 2:12Speaker 3: from today, they're banned, saving you money every time you tap.
- 2:15Speaker 3: So whether you're at the supermarket paying bills or buying
- 2:18Speaker 3: a cup of coffee, the price you see is the
- 2:20Speaker 3: price you pay.
- 2:22Speaker 2: Hang on, not so quick. Here's the opposition's James Patterson
- 2:25Speaker 2: on the coffee question.
- 2:27Speaker 4: Well, yesterday the Prime Minister promised that everybody's coffee was
- 2:30Speaker 4: going to be cheaper today. So I encourage everyone who
- 2:33Speaker 4: goes out to buy a coffee this morning to check,
- 2:35Speaker 4: is it in fact cheaper? And if so, how much
- 2:37Speaker 4: cheaper is it compared to what you paid for yesterday
- 2:41Speaker 4: or the week before or the month before?
- 2:43Speaker 2: It wasn't cheaper. It wasn't cheaper at all. Now, it's
- 2:46Speaker 2: fair to make the point that a lot of smaller
- 2:48Speaker 2: businesses do not pass on these transaction costs, but plenty
- 2:52Speaker 2: of them do, a point that the Treasurer, Jim Chalmers,
- 2:55Speaker 2: was very quick to make today.
- 2:57Speaker 5: If small businesses put up their prices, they'll need to
- 3:00Speaker 5: put that on the menu. Right now, I think something
- 3:03Speaker 5: like 84% of businesses don't charge credit or debit surcharges.
- 3:10Speaker 5: So we're talking about 16% of businesses. And if they
- 3:16Speaker 5: put up their prices, they will have to justify it.
- 3:20Speaker 2: Need a bit of fact-checking on Jim there. I'm not
- 3:22Speaker 2: sure about those figures. So what's actually going to happen
- 3:25Speaker 2: on the ground? Now, as I said, we'll talk with
- 3:27Speaker 2: Sally Tindall from Canstar in a moment. But if you
- 3:30Speaker 2: listen to hospitality figures, people who work in cafe, cafe owners,
- 3:34Speaker 2: small business operators, you get a very different story. For example,
- 3:39Speaker 2: here is Kazi Beach Greek, a Greek restaurant in Bondi,
- 3:43Speaker 2: owner Peter Pappas on News 24 this morning.
- 3:47Speaker 6: Here we are in the middle of an inflationary environment.
- 3:49Speaker 6: Inflation is up, interest rates are up, energy costs are up,
- 3:53Speaker 6: and now you've got to pay more for your coffee
- 3:55Speaker 6: and your food. And this government seems to rejoice in
- 3:58Speaker 6: such things as increasing the minimum wage. We'd love to
- 4:01Speaker 6: pay people more, but every time we do that, you,
- 4:03Speaker 6: the customer, pays more, we earn less, and people go
- 4:06Speaker 6: out of business.
- 4:08Speaker 2: Boy, it's going to be interesting to see what this
- 4:10Speaker 2: all does to inflation. Now, clearly, that's the reality, a
- 4:12Speaker 2: reality the Prime Minister in his cute TikTok post would
- 4:17Speaker 2: have no clue about. He's never run a business. He's
- 4:20Speaker 2: never had to rely on his own investment to pay
- 4:24Speaker 2: a wage earner, never employed anyone out of his own
- 4:28Speaker 2: pocket or paid payroll tax or paid penalty rates. And
- 4:31Speaker 2: these days, he doesn't even pay for petrol. Now, reality
- 4:35Speaker 2: and common sense rarely pierces the Canberra bubble, and that's
- 4:40Speaker 2: the problem. I mean, I've never felt for so many
- 4:42Speaker 2: people as I did this week after that latest interest
- 4:46Speaker 2: rate rise. I've heard of people cancelling, for example, private
- 4:50Speaker 2: health insurance to keep their heads above water. Eating out
- 4:54Speaker 2: is shelved. No one's doing it. Streaming services cancelled. Public
- 4:59Speaker 2: transport being used instead of the car because of the
- 5:01Speaker 2: high cost of fuel. You can add rising power bills,
- 5:04Speaker 2: crippling rates bills and, of course, surging insurance costs for
- 5:08Speaker 2: the house and for the car. It's beyond tough and
- 5:10Speaker 2: it's getting worse. Now, here is cafe owner Alex Daniel
- 5:14Speaker 2: on the October 1 change.
- 5:17Speaker 7: We've been looking at our pricing, looking at our competitors'
- 5:20Speaker 7: pricing around the area and... With all the other cost increases,
- 5:24Speaker 7: the price increase was inevitable anyway. So the price increase
- 5:29Speaker 7: we will be doing will be larger than what.
- 5:32Speaker 2: This surcharge is.
- 5:34Speaker 7: It would usually be about 10 cents on a coffee,
- 5:38Speaker 7: but our prices.
- 5:39Speaker 2: Will go up a bit more than that. And I
- 5:41Speaker 2: heard other operators today saying, well, you know, it goes
- 5:43Speaker 2: up more than that because we round it up. And
- 5:45Speaker 2: when you think about the increased costs of fuel and
- 5:48Speaker 2: the delivery costs in diesel trucks to all of these
- 5:51Speaker 2: little businesses, they're paying more for their raw product. So
- 5:54Speaker 2: you put that on top of this. And, of course,
- 5:57Speaker 2: their prices are going to go up. Someone said today that,
- 6:00Speaker 2: you know, restaurants around the country are rewriting their menus.
- 6:03Speaker 2: And the government's out there crowing today about how much
- 6:05Speaker 2: better off you will be. We all know that is
- 6:08Speaker 2: a fantasy. A cost of a morning coffee told us today,
- 6:12Speaker 2: and you wonder the impact this will have, as I said,
- 6:15Speaker 2: on inflation. Not good, I presume. But this is a
- 6:19Speaker 2: real problem. And I don't think the government understand exactly
- 6:22Speaker 2: what's happened here. More than 500. Let's bring in Dan
- 6:29Speaker 2: Tehan here. More than 500 jobs have been saved at
- 6:31Speaker 2: Rio Tinto today. That smelter in Tassie, that's after the
- 6:34Speaker 2: state and federal governments announced $ 200 million of your tax money.
- 6:39Speaker 2: We'll bail it out to keep it running. It's less
- 6:41Speaker 2: than two months after, of course, a much bigger deal
- 6:44Speaker 2: between the Commonwealth and the Minns administration to keep the
- 6:48Speaker 2: Tomago aluminium plant open in New South Wales. That'll cost
- 6:51Speaker 2: $ 2. 5 billion over 10 years. Here's the Prime Minister making
- 6:55Speaker 2: the announcement in Tassie today.
- 6:57Speaker 3: I want to lead a country that makes things here.
- 7:00Speaker 3: The theme of our budget was reform and resilience. We
- 7:04Speaker 3: need to ensure that in today's uncertain world, we be
- 7:09Speaker 3: less dependent upon imports.
- 7:12Speaker 2: Let's bring in Shadow Energy Minister Dan Tehan. So the
- 7:15Speaker 2: Prime Minister says he wants to be a Prime Minister
- 7:18Speaker 2: that runs a country that makes things. I mean, does
- 7:20Speaker 2: he really seriously think we believe this stuff?
- 7:25Speaker 8: No, no. I mean, it's a complete and utter joke.
- 7:28Speaker 9: I mean, what he's doing is he's giving money to
- 7:33Speaker 9: Bell Bay so it can continue. Meanwhile, he's taking money
- 7:37Speaker 9: from them using the safeguard mechanism, which is their ideological
- 7:42Speaker 9: approach to try and reach net zero, which we're not
- 7:45Speaker 9: going to get to by 2050. I mean, it is
- 7:48Speaker 9: a money merry-go-round, which makes no sense.
- 7:51Speaker 8: Whatsoever, Steve. The best thing he could do.
- 7:54Speaker 9: is scrap net zero, scrap the safeguard mechanism and make
- 7:58Speaker 9: sure that he puts downward pressure on energy prices. I mean,
- 8:03Speaker 9: yesterday we saw the inflation figures out. 13% was the
- 8:09Speaker 9: contribution that electricity is making to the latest inflation data.
- 8:15Speaker 8: So when you get your next power bill, know that.
- 8:17Speaker 9: Chris Bowen not only is causing that to go up,
- 8:21Speaker 9: but he's also causing your mortgage to go up. What
- 8:24Speaker 9: this government's approach to energy and the economy is, is
- 8:28Speaker 9: beyond a joke, sadly, and Australians are paying the price.
- 8:32Speaker 2: What he's also doing, Dan, is sandbagging the marginal seat
- 8:36Speaker 2: of Bass, let's be honest.
- 8:40Speaker 9: Well, there's that as well, because that's what he's literally
- 8:44Speaker 9: been left to now, because of the sheer economic incompetence,
- 8:49Speaker 9: because of the renewables-only pursuit that Cruz Bowen is making.
- 8:54Speaker 8: You know, he knows that.
- 8:55Speaker 9: They're in serious, serious political trouble now. I mean, we've
- 8:58Speaker 9: seen it because the Prime Minister's popularity figures have gone
- 9:02Speaker 9: through the floor and.
- 9:04Speaker 8: Now they're out spending money like they always do.
- 9:07Speaker 9: But the trouble is that's costing Australians because the more
- 9:11Speaker 9: they spend, sadly, the more inflationary pressure there is and
- 9:14Speaker 9: the more interest rates go up.
- 9:16Speaker 8: And it's just doomed for failure, sadly.
- 9:20Speaker 2: So the coalition, I saw Angus Taylor today, I mean,
- 9:23Speaker 2: you largely are in joint support of rescuing or helping
- 9:29Speaker 2: to survive this Bell Bay aluminium plant. It's owned by
- 9:34Speaker 2: Rio Tinto, one of the biggest companies in the world.
- 9:38Speaker 2: How do both sides of politics convince Australian taxpayers that
- 9:42Speaker 2: it's a good idea to be giving Rio Tinto.
- 9:45Speaker 10: $ 200 million?
- 9:49Speaker 9: Well, the only reason we can do it is because
- 9:52Speaker 9: we need to be continuing to make aluminium in this
- 9:55Speaker 9: country and because we've.
- 9:57Speaker 8: Got a plan to make sure.
- 10:00Speaker 9: that in the medium to longer term, they can stand
- 10:03Speaker 9: on their own two feet and won't need bailing out.
- 10:06Speaker 8: And the way you.
- 10:07Speaker 9: Do that is provide affordable energy in this country.
- 10:11Speaker 8: Aluminium smelters, as you know, Steve, and your.
- 10:14Speaker 9: Viewers know, require affordable energy if they're going to be
- 10:19Speaker 9: able to continue in this country. And that's why we're
- 10:22Speaker 9: saying get rid of net zero, get rid of the
- 10:25Speaker 9: safeguard mechanism, which is a tax on the 200 largest energy.
- 10:30Speaker 8: Well, companies in.
- 10:31Speaker 9: Australia, and most of them are in the heavy industry area,
- 10:35Speaker 9: and make sure we're saying to the Australian energy regulator,
- 10:39Speaker 9: focus on affordability, not on green ideology, and that's how
- 10:43Speaker 9: we're going to get energy down in this country.
- 10:46Speaker 8: And that's what we want to do, because.
- 10:48Speaker 9: As we've seen at Bell Bay, we've seen at Wyala,
- 10:50Speaker 9: we've seen at Tomago, you.
- 10:52Speaker 2: Know, the only reason.
- 10:54Speaker 9: these facilities are alive now is because the government's got
- 10:58Speaker 9: to bail them out. And at the same time they're
- 11:00Speaker 9: bailing them out, as I've said, the government's taxing them
- 11:04Speaker 9: for doing.
- 11:04Speaker 8: What they do. It just makes no sense whatsoever.
- 11:10Speaker 2: A little bit of a blue today between New South
- 11:12Speaker 2: Wales Premier Chris Minns and the Prime Minister. He's taken
- 11:15Speaker 2: a thinly veiled jab at excessive government spending, which of
- 11:19Speaker 2: course is driving up inflation. Here's Chris Minns today.
- 11:23Speaker 11: Look, I'd just say that I think every government has
- 11:26Speaker 11: a responsibility to do what it can to take demand
- 11:30Speaker 11: out of the economy. South Wales Treasurer and myself have
- 11:32Speaker 11: said many times that we have heard the advice from
- 11:35Speaker 11: the RBA over the last two years that we need
- 11:40Speaker 11: to be careful with public funds.
- 11:42Speaker 2: Well, he's reasonably blunt, but I mean, you and I
- 11:46Speaker 2: are in Victoria. You've got a Labor government in Victoria
- 11:49Speaker 2: that just, you know, it's eight weeks out from an
- 11:53Speaker 2: election and they're just spending money like drunken sailors.
- 11:59Speaker 12: They are.
- 12:00Speaker 9: They're putting new train stations in the middle of marginal
- 12:04Speaker 9: seats to save the Premier. One of the greatest, most
- 12:09Speaker 9: expensive pieces of pork barrelling that.
- 12:12Speaker 8: You'll ever see.
- 12:13Speaker 9: And next week, we're going to get another reminder of
- 12:16Speaker 9: it because... Prime Minister Anthony Albanese and Chris Bowen are
- 12:20Speaker 9: going to be going to Fiji and Tuvalu at the taxpayers'
- 12:23Speaker 9: expense for some pre-cop meeting which isn't going to achieve anything.
- 12:28Speaker 9: And that's $ 150 million of taxpayers' money.
- 12:32Speaker 8: And I can tell you.
- 12:33Speaker 9: If your mortgage went up this week, like many Australians did,
- 12:37Speaker 9: when they see the Prime Minister and Chris Bowen jetting
- 12:40Speaker 9: off to Fiji and Tuvalu next week, they're going to
- 12:44Speaker 9: rightfully be really, really angry because if you want to
- 12:47Speaker 9: pull government spending and constrain government spending, they should can
- 12:52Speaker 9: that trip today because it is a complete and utter
- 12:55Speaker 9: waste of money.
- 12:57Speaker 2: Just before you go, 262,000 houses short of the government's target.
- 13:02Speaker 2: You couldn't do much worse than that, could you? No,
- 13:07Speaker 2: you couldn't.
- 13:07Speaker 9: And Claire O'Neill, I can't wait to see how she
- 13:10Speaker 9: tries to spin her way out of this because she's
- 13:14Speaker 9: been there saying, oh, they're on target, they're on target,
- 13:17Speaker 9: it's all going beautifully. Every statistic, every fact shows you
- 13:22Speaker 9: it's not. And I just can't wait to see how
- 13:24Speaker 9: she tries to spin her way out of this.
- 13:27Speaker 8: The fact of the matter is.
- 13:29Speaker 9: that everything that the Albanese Labor government is doing isn't
- 13:33Speaker 9: working at the moment. And people are waking up to it.
- 13:36Speaker 9: I mean, they're very, very good at the spin. And
- 13:39Speaker 9: as you know, Anthony Albanese gets tutored by Dan Andrews
- 13:44Speaker 9: to just get on camera and just say things and
- 13:47Speaker 9: hope that people will believe it when everyone knows.
- 13:50Speaker 8: That it's nonsense.
- 13:51Speaker 9: And people are waking up to it, whether it's housing,
- 13:54Speaker 9: whether it's energy, whether it's on inflation and interest rates.
- 13:58Speaker 9: whether it's on they saying that they're doing wonders when
- 14:02Speaker 9: it comes to government spending, everyone knows it's the complete opposite.
- 14:06Speaker 8: People are waking up to it and they're getting caught out.
- 14:08Speaker 9: And that's why I think the Prime Minister is in
- 14:12Speaker 9: a world of pain at the moment. And for the
- 14:14Speaker 9: first time, Steve, I think that he might retire and
- 14:18Speaker 9: go before the next election because he is just absolutely
- 14:24Speaker 9: toxic now out in the community. And as you were
- 14:26Speaker 9: saying in your this, you know, taking away the surcharges,
- 14:32Speaker 9: saying that this isn't going to have an impact. Well,
- 14:34Speaker 9: I can tell you, when I bought my coffee this morning,
- 14:37Speaker 9: when I spoke to the place where I went and
- 14:39Speaker 9: got my sandwich for lunch, they're saying to me they've
- 14:43Speaker 9: got no alternative but to put prices up.
- 14:46Speaker 8: And in a cost of living.
- 14:48Speaker 9: You know, circumstances, an inflationary circumstance, you know, they've gone
- 14:53Speaker 9: and done this.
- 14:54Speaker 8: I mean, everything they.
- 14:56Speaker 9: Do just turns to custard and sadly Australians are paying
- 14:59Speaker 9: the price.
- 15:01Speaker 2: Good on you, Dan Tehan. I'll talk to you soon,
- 15:03Speaker 2: Dan Tehan. They're talking about that issue of the credit
- 15:07Speaker 2: card charges. I covered that immediately at the top of
- 15:09Speaker 2: the program. But if you're just tuning in, card surcharges
- 15:12Speaker 2: have now been banned, effective today, October 1, means many
- 15:15Speaker 2: small businesses are now going to have to jack up
- 15:18Speaker 2: their prices to pass the cost of the transactions on
- 15:21Speaker 2: to consumers. Joining me for a deeper dive into what
- 15:24Speaker 2: all this means, Sally Tindall, Director of CanStar Data Insights. Sally,
- 15:29Speaker 2: the RBA pitched this change as a win for transparency,
- 15:32Speaker 2: which I guess it is. But doesn't it just make
- 15:35Speaker 2: small businesses now look like the bad guys? Because as
- 15:38Speaker 2: Dan Tehan was just saying, they're going to all, not
- 15:41Speaker 2: all of them, but many of them are going to
- 15:42Speaker 2: have to put up their prices.
- 15:43Speaker 13: Yeah, this is incredibly tough for small businesses, that's for sure,
- 15:47Speaker 13: because they're in a rock and a hard place. They
- 15:48Speaker 13: have to either absorb the costs themselves or pass it
- 15:52Speaker 13: through in higher prices. And it's a really good point
- 15:55Speaker 13: about the fact that, you know, business owners, small business
- 15:57Speaker 13: owners don't want to be, you know, hiking prices and
- 16:00Speaker 13: then hiking them again and again. So we might see
- 16:02Speaker 13: actually prices go up by a little bit more than
- 16:05Speaker 13: the actual surcharge because they know that, you know, petrol
- 16:07Speaker 13: costs are on the rise and they're going to have
- 16:09Speaker 13: another wave of higher expenses down the line. So it
- 16:13Speaker 13: will be tough times. Look, the RBA came through and
- 16:15Speaker 13: capped the back-end fee known as the interchange fee. It
- 16:19Speaker 13: goes from the payment system provider to the banks or
- 16:21Speaker 13: the card issuers in a bid to make accepting electronic
- 16:25Speaker 13: payments by card and more cost effective. But it also, again,
- 16:29Speaker 13: requires the small business owners in many parts to do
- 16:33Speaker 13: something about it. They've got to go back out there
- 16:34Speaker 13: and shop around for a more competitive payment system provider,
- 16:38Speaker 13: get new infrastructure in order to take card payments. We
- 16:41Speaker 13: are piling on, you know, these administrative burdens and costs
- 16:45Speaker 13: onto small businesses. It is problematic.
- 16:48Speaker 2: Like you, I like to look at these issues in,
- 16:51Speaker 2: you know, what's actually going to happen on the ground
- 16:53Speaker 2: and how it impacts people directly. Most of us are
- 16:55Speaker 2: so ingrained of this habit now, since COVID probably, of
- 17:00Speaker 2: using tap and go. You'll go in and you'll tap
- 17:02Speaker 2: for your petrol or a coffee or whatever, and most
- 17:06Speaker 2: people will just suck up those price increases, which means
- 17:09Speaker 2: that this is going to have yet again another impact
- 17:11Speaker 2: on inflation, which is probably inevitably going to drive another
- 17:15Speaker 2: interest rate rise.
- 17:17Speaker 13: So the RBA says they're not as worried as perhaps
- 17:20Speaker 13: you and I, because, you know, there's not a huge
- 17:22Speaker 13: amount of businesses when it comes to volume of purchases
- 17:26Speaker 13: that are actually surcharging. But that's because the big retailers, Woolies, Coles,
- 17:30Speaker 13: they've got purchasing powers. The cost of accepting car payments
- 17:33Speaker 13: for them is a lot lower than small businesses. and
- 17:36Speaker 13: they didn't charge a surcharge beforehand. But if small businesses are,
- 17:41Speaker 13: and look, this is no criticism to them, but if
- 17:43Speaker 13: they're using this as a moment in time to increase
- 17:47Speaker 13: their prices to account for the card surcharge payment, but
- 17:50Speaker 13: then also the cost pressures that they're feeling elsewhere, I
- 17:54Speaker 13: think that the RBA may not have accounted for that,
- 17:56Speaker 13: that they might see a bigger spike in inflation than
- 17:59Speaker 13: perhaps they had anticipated. I don't know that it'll trigger
- 18:03Speaker 13: yet another rate hike. I think that one's already coming.
- 18:07Speaker 2: Yeah, probably. I mean, the odds now are probably beginning
- 18:10Speaker 2: of next year, not November on Cup Day, but who knows?
- 18:14Speaker 2: Might get one, we might get two. Let's talk about
- 18:16Speaker 2: interest rate rises because that decision, while it's bad news
- 18:19Speaker 2: for borrowers, I guess for older Australians, people who've got
- 18:22Speaker 2: money in fixed interest, it's some good news finally.
- 18:25Speaker 13: Oh, Steve, it is good news if, A, the banks
- 18:27Speaker 13: will tell us what they're doing with savings accounts. They haven't,
- 18:30Speaker 13: by and large, haven't told us yet. We know Westpac,
- 18:33Speaker 13: it was the only big four bank that actually announced
- 18:35Speaker 13: what it would do for some of its savings accounts,
- 18:38Speaker 13: not all.
- 18:38Speaker 2: They've already told me what they're going to do with
- 18:41Speaker 2: my mortgage.
- 18:42Speaker 13: Mine's going up too.
- 18:43Speaker 10: I already got that letter today. That was fun.
- 18:46Speaker 13: But yes, for savers, technically, we should see an increase
- 18:49Speaker 13: to interest rates. But then it It comes down to
- 18:52Speaker 13: the details, Steve, because we analysed the last three rate
- 18:57Speaker 13: hikes from the RBA and what happened to savings accounts.
- 18:59Speaker 13: And with bonus saver accounts, that's where you have to
- 19:02Speaker 13: do certain things every month to qualify for the maximum
- 19:05Speaker 13: ongoing rate. What we see is that the banks come
- 19:08Speaker 13: through and they get very particular about what portion... of
- 19:11Speaker 13: the savings account rate is actually going to get that
- 19:14Speaker 13: hike and it's always the... Well, mostly the bonus rate.
- 19:18Speaker 13: So what we've seen in our data is that, yes,
- 19:21Speaker 13: the banks pass it on in full, sometimes even a
- 19:24Speaker 13: little bit more to the bonus portion... But the base
- 19:26Speaker 13: portion stays absolutely still, which means if you don't meet
- 19:30Speaker 13: those monthly conditions every single month, which is quite hard for, say,
- 19:33Speaker 13: a retiree to do because it's often to grow your balance,
- 19:36Speaker 13: things that, you know, they don't naturally have in their
- 19:39Speaker 13: kind of banking set up. If you don't meet those
- 19:41Speaker 13: bonus conditions, you could be getting no rate hike at all.
- 19:45Speaker 13: In fact, some of those base rates are down to, what, 0.001%.
- 19:50Speaker 14: 0.00%.
- 19:50Speaker 13: What a great savings rate that is.
- 19:53Speaker 2: Seems to me they get us both in. Sally, always
- 19:55Speaker 2: a pleasure to talk to you. Thank you. Sally Tindall there,
- 19:57Speaker 2: and she had some great advice yesterday on the interest rates.
- 20:00Speaker 2: Go out and shop around. Ring your bank. See if
- 20:02Speaker 2: you can get a better deal. I want us to
- 20:04Speaker 2: talk more about this story that's developed since we went
- 20:07Speaker 2: to air yesterday. It's quite remarkable. I mean, if you
- 20:11Speaker 2: didn't know it was real, you'd think it was a film.
- 20:13Speaker 2: The captain and passengers of a flight headed from Dubai
- 20:17Speaker 2: to Tel Aviv have been lauded as heroes after fending
- 20:21Speaker 2: off a suspected attempted, you can call it a hijack,
- 20:24Speaker 2: or it could have been a suicide mission. It could
- 20:26Speaker 2: have been a terrorist who wanted to crash the plane,
- 20:29Speaker 2: killing everybody on board. Here's a few more details from
- 20:32Speaker 2: our partners at CNN.
- 20:36Speaker 7: We are here on the plane right now.
- 20:37Speaker 8: We have taken control of the terrorists.
- 20:40Speaker 10: A scary close call for passengers and crew on flight
- 20:43Speaker 10: FC-1073 Wednesday morning. Flight tracking data shows the flight Dubai
- 20:48Speaker 10: plane dropped 17,400 feet in less than two minutes after
- 20:52Speaker 10: officials say a violent incident involving the two pilots sent
- 20:56Speaker 10: the plane into a rapid descent. It was headed from
- 20:58Speaker 10: Dubai to Tel Aviv. The passenger's daughter says her mother
- 21:02Speaker 10: described the plane suddenly diving.
- 21:05Speaker 1: She said the airplane was kind of start jumping in
- 21:08Speaker 1: the air and then it started diving very quick to
- 21:11Speaker 1: the ground.
- 21:13Speaker 10: Israeli Prime Minister Benjamin Netanyahu says one of the pilots
- 21:16Speaker 10: stabbed the other pilot and appears to have tried to
- 21:19Speaker 10: crash the plane. And passengers and crew got into the
- 21:22Speaker 10: cockpit and subdued him.
- 21:25Speaker 3: Another team who were on the plane went into the
- 21:28Speaker 3: cockpit and managed to stabilize the plane.
- 21:33Speaker 10: The plane was diverted to Saudi Arabia, where it eventually
- 21:36Speaker 10: landed safely. The leading aviation operator said both pilots were
- 21:40Speaker 10: taken to a hospital with injuries. Israeli authorities are investigating,
- 21:44Speaker 10: but the motive has not been established. The incident received
- 21:47Speaker 10: swift reaction from around the world.
- 21:50Speaker 14: A lot of questions.
- 21:51Speaker 15: How did the passengers get into what is supposed to
- 21:54Speaker 15: be a blocked cockpit?
- 21:56Speaker 14: How did the weapon get into the cockpit?
- 22:00Speaker 10: Passengers of the diverted flight flew back to Tel Aviv
- 22:02Speaker 10: Wednesday afternoon after a new flight to Dubai plane was
- 22:06Speaker 10: sent to pick them up.
- 22:09Speaker 2: President Trump talked to Bibi Netanyahu to get his version
- 22:12Speaker 2: of what had happened. The president was having a media
- 22:14Speaker 2: conference in the Oval Office. Here's how he described what
- 22:18Speaker 2: he thought had gone on.
- 22:20Speaker 16: And it seems as though the co-pilot was perhaps a
- 22:25Speaker 16: terrorist or perhaps a wet joke. He stabbed the pilot.
- 22:31Speaker 16: An Israeli plumber saw what was happening and strove. You know,
- 22:34Speaker 16: when you lift pipe all day, you strove. The plane
- 22:37Speaker 16: was going sharply down at an unbelievable angle, so sharp
- 22:40Speaker 16: that the rudder ripped off the back of the plane.
- 22:43Speaker 16: With the G-forces as they were, he ripped this guy
- 22:45Speaker 16: out of the seat, threw him back.
- 22:47Speaker 17: The crowd got him.
- 22:48Speaker 16: The passengers got him, grabbed him. And having never flown
- 22:54Speaker 16: a plane, he took the stick, lifted it up, and
- 23:00Speaker 16: leveled out the plane before it crashed.
- 23:02Speaker 17: And you know, it's not like planes are different today.
- 23:04Speaker 17: You used to have a little steering wheel. Today, they
- 23:07Speaker 17: fly differently.
- 23:08Speaker 16: And when asked why he did that, he said he
- 23:10Speaker 16: watches that show, Air Disasters.
- 23:14Speaker 17: He learned from watching that show.
- 23:16Speaker 16: I don't know if it's true, but that's the story
- 23:20Speaker 16: that I got from BB.
- 23:23Speaker 2: Well, since the president made those remarks, there has been
- 23:25Speaker 2: much more confirmation of the fact that Plummer did exactly
- 23:28Speaker 2: what the president was talking about. Greg Barton is the
- 23:30Speaker 2: Global Islamic Politics Chair at Deakin University and joins us. Greg,
- 23:34Speaker 2: so much could have gone wrong here if the pilot
- 23:37Speaker 2: himself had not flicked open the cockpit door. We know
- 23:41Speaker 2: that those doors are heavy steel and locked now since
- 23:44Speaker 2: September 11. You had the bravery of the passenger, the plumber.
- 23:47Speaker 2: There was a reserve pilot on board. I mean, you
- 23:50Speaker 2: have to wonder how the co-pilot actually got a knife
- 23:53Speaker 2: on board. But this could have been a major terrorist attack, surely.
- 23:59Speaker 12: Yeah, I think we have to start with that, Steve.
- 24:01Speaker 12: In a world that is full of bad news, things
- 24:04Speaker 12: turning into custard, this is a good news story. This
- 24:06Speaker 12: is a story of heroism. That captain, the first pilot...
- 24:11Speaker 12: had a switch beside his seat. He was bleeding potentially
- 24:15Speaker 12: to death. He was saved by a medic when he
- 24:17Speaker 12: was rescued back in the cabin. But as he was
- 24:21Speaker 12: perhaps on the point of passing out, he pushed the
- 24:23Speaker 12: button to open the door. Had he not done that,
- 24:26Speaker 12: it would have all been over. There would have been
- 24:27Speaker 12: no way for anyone to get inside that reinforced door.
- 24:30Speaker 12: So that was the first thing. And then we saw
- 24:32Speaker 12: that brave plumber come forward, not stopping to think. This aircraft, Stephen,
- 24:36Speaker 12: in less than a minute dropped five kilometres vertically, 5,000 metres.
- 24:41Speaker 12: So just to be able to move forward in that
- 24:43Speaker 12: situation is amazing.
- 24:44Speaker 2: I mean, the dive, the death dive of that plane,
- 24:49Speaker 2: everyone on board must have been absolutely terrified. But this
- 24:52Speaker 2: guy obviously... took it upon himself, does lead the question
- 24:56Speaker 2: to whether hidden somewhere else on a plane these days
- 24:59Speaker 2: there should be some way to get into that cockpit
- 25:02Speaker 2: when you think about what would have happened if that
- 25:04Speaker 2: bloke had not been able to flick that switch. That
- 25:06Speaker 2: flight route, Greg, I mean, you know this region as
- 25:09Speaker 2: well as anyone, Dubai to Tel Aviv, it's risky, but
- 25:12Speaker 2: I was of the impression that Israel was always very
- 25:15Speaker 2: security conscious on flights into and out of Israel. There
- 25:20Speaker 2: was a spare pilot on board, I seem to think
- 25:23Speaker 2: I heard that there might have been some security on
- 25:25Speaker 2: there as well. But the Israelis are very conscious of
- 25:28Speaker 2: this sort of thing potentially happening, aren't.
- 25:32Speaker 18: They?
- 25:32Speaker 12: Yeah, they're really good at security. So something has gone
- 25:35Speaker 12: wrong here. It wasn't their aircraft. It was an Emirati aircraft.
- 25:38Speaker 2: Air Dubai.
- 25:40Speaker 12: But they would have, you know, Air Dubai would have
- 25:42Speaker 12: vetted the pilot, the captain and the first officer. So how,
- 25:49Speaker 12: you know, whatever happened with that aircraft First officer, the
- 25:53Speaker 12: alleged attacker, we don't know whether it was political violence,
- 25:56Speaker 12: something snapped that tipped him over the edge or mental
- 26:00Speaker 12: health issues. But that clearly hadn't shown up on pre-flight
- 26:04Speaker 12: vetting and through his career, which must have been going on.
- 26:08Speaker 8: So that's the big question.
- 26:10Speaker 12: I mean, you can make the cockpit secure, but if
- 26:12Speaker 12: something goes wrong inside the cockpit between the two pilots,
- 26:14Speaker 12: how do you fix that? You know, just your question
- 26:16Speaker 12: of opening the door, there were two off-duty pilots who
- 26:20Speaker 12: managed to land the aircraft safely, Air Dubai pilots. There
- 26:23Speaker 12: is a code that they would know that they can
- 26:25Speaker 12: get into the door, but, you know, getting there in
- 26:26Speaker 12: time as the aircraft is dropping, as I said, five
- 26:29Speaker 12: kilometres in a minute, I mean, if it wasn't for
- 26:33Speaker 12: the captain pushing the button, it's very likely that whole,
- 26:35Speaker 12: you know, 174 lives would have been lost.
- 26:38Speaker 2: And if that had happened, I mean, we'd obviously have
- 26:41Speaker 2: to have some sort of investigation into the motivation. The
- 26:44Speaker 2: security agencies would become involved. But it would have been,
- 26:47Speaker 2: if it was attached to one of the enemies of Israel,
- 26:51Speaker 2: whether it's Hezbollah or whether it was Hamas or whether
- 26:55Speaker 2: it was someone in around, you know, all of the above,
- 26:59Speaker 2: it would have been a massive PR coup for whoever
- 27:02Speaker 2: this guy might or might not have been representing.
- 27:06Speaker 11: That's right.
- 27:06Speaker 12: So the speculation is if it involves a nation state,
- 27:11Speaker 12: that at one level it would be Iran, you know,
- 27:13Speaker 12: whether through channels or directly. But, of course, we don't
- 27:16Speaker 12: know what the motivation is. The fact that the first
- 27:19Speaker 12: officer is alive, you know, has been wounded, of course,
- 27:22Speaker 12: in the fight, but he's alive so he can answer questions, that's.
- 27:25Speaker 17: A good thing.
- 27:26Speaker 12: His electronic online footprint, his social media posts will be checked.
- 27:31Speaker 12: If there's some sort of manifesto, a statement of extremism,
- 27:34Speaker 12: that would suggest terrorism. you know, possibly including another state
- 27:38Speaker 12: like Iran. It's also possible that this is a mental
- 27:42Speaker 12: health episode. We had a flight on a budget airline
- 27:45Speaker 12: in Europe, German wings, where tragically the co-pilot locked the
- 27:52Speaker 12: pilot out of the, the captain out of the cockpit,
- 27:54Speaker 12: locked the door and then crashed the aircraft into a mountain.
- 27:57Speaker 12: That was suicide, but it was mass murder as well.
- 28:00Speaker 12: That could be what's happened here.
- 28:02Speaker 2: Greg Barton, always good to catch up. Thanks a lot.
- 28:04Speaker 2: I'll talk to you soon. Now, coming up after the break,
- 28:06Speaker 2: another development talking about supposed terrorism, that bomb plot at
- 28:11Speaker 2: the UK airbase in the UK. Prime Minister Andy Burnham's
- 28:15Speaker 2: now weighed in on it. That and more with Kenny Regula,
- 28:18Speaker 2: former Foreign Minister Alexander Downer. Welcome back. Steve Price in
- 28:26Speaker 2: for Chris Kenny. Let's return to this mysterious plot outside
- 28:30Speaker 2: a RAF base in southwest England that we've reported on
- 28:33Speaker 2: right through the week. Now, if this is the first
- 28:36Speaker 2: time you're hearing about it, police were called out to
- 28:39Speaker 2: RAF Fairford on Sunday after five men in white vans
- 28:43Speaker 2: were spotted by a local farmer on her way home
- 28:46Speaker 2: from dinner. They were all acting suspiciously. She rang the police.
- 28:49Speaker 2: It led to a bomb scare, arrests, fears of foreign
- 28:52Speaker 2: interference and But the men were later released, quickly released,
- 28:55Speaker 2: within 24 hours on bail, and it emerged one of
- 28:58Speaker 2: them might have even called the police on himself. No-one
- 29:01Speaker 2: seems to really know what's gone on here. The Prime
- 29:04Speaker 2: Minister of the UK, Andy Burnham, has now weighed in.
- 29:07Speaker 2: Take a listen to what he had to say.
- 29:09Speaker 12: There are strong indications that Iran played a part in
- 29:13Speaker 12: what happened over the weekend at RAF Fairford.
- 29:17Speaker 2: He's tagged Iran. The US President, Donald Trump, he had
- 29:20Speaker 2: a media conference in the Oval Office this morning. He
- 29:23Speaker 2: also talked about that event.
- 29:25Speaker 16: Maybe you blow them up. We have to make that decision.
- 29:30Speaker 16: We blow them up, make a deal, but the time
- 29:34Speaker 16: is coming. It's going to end very soon one way
- 29:36Speaker 16: or the other.
- 29:38Speaker 2: He, of course, he was talking about Iran. We've heard
- 29:40Speaker 2: that plenty of times. Let's bring in former Foreign Minister
- 29:43Speaker 2: Alexander Downer, who fortuitously is in London. All very strange
- 29:48Speaker 2: what happened at that airbase, the reaction to the UK.
- 29:52Speaker 2: What was the reaction there when these blokes all immediately
- 29:55Speaker 2: got bailed?
- 29:57Speaker 14: I've only just.
- 29:58Speaker 19: Arrived in the UK, so I haven't even been here
- 30:02Speaker 19: for 24 hours.
- 30:02Speaker 6: So, I.
- 30:04Speaker 19: Mean, I think there is just complete confusion about what
- 30:08Speaker 19: may have happened here. So let's just focus on the speculation.
- 30:14Speaker 19: The speculation is that the Iranians may have paid these
- 30:18Speaker 19: five people to institute a disruptive operation. So whereas once
- 30:27Speaker 19: it was thought the ban they had had explosives and petrol.
- 30:31Speaker 14: In it, all it had was petrol. There were no explosives.
- 30:36Speaker 19: And as you said in your introduction, one of the
- 30:41Speaker 19: five apparently rang the emergency services people to report the operation.
- 30:48Speaker 14: So it does look on the face of it.
- 30:53Speaker 19: As though the Iranians paid these five people, who are
- 30:57Speaker 19: just sort of common old garden British criminals, to disrupt
- 31:03Speaker 19: the air base as best they could and create a
- 31:06Speaker 19: huge news story out of it, which they have successfully done.
- 31:12Speaker 2: Well, we shouldn't be surprised by that, should we? Because
- 31:15Speaker 2: the IRGC have done exactly the same thing in Australia,
- 31:19Speaker 2: hiring local criminals to go out and firebomb synagogues, which
- 31:23Speaker 2: led to the Iranian ambassador being expelled from the country.
- 31:27Speaker 2: So this sort of operation is not something that they're
- 31:32Speaker 2: not willing to do in other countries, not use their
- 31:35Speaker 2: own people, but hire people to do it.
- 31:38Speaker 14: Well, that's exactly right, Stephen.
- 31:40Speaker 19: You draw the analogy with what happened in Australia and
- 31:44Speaker 19: the expulsion of the Iranian ambassador. The fact is the
- 31:49Speaker 19: Iranians have been behaving like this for years, for a
- 31:54Speaker 19: very long time, which just goes to this whole question
- 31:58Speaker 19: of the war against Iran.
- 32:00Speaker 14: I mean, since 1979, the Iranian regime, the theocratically.
- 32:06Speaker 19: Theocratic dictatorship there, has been waging war against the West.
- 32:13Speaker 14: We have to understand that.
- 32:15Speaker 19: I mean, I notice people thinking here of the Israelis
- 32:21Speaker 19: demanding that Netanyahu agree to a two-state solution. Well, that's
- 32:27Speaker 19: not going to happen until the Iranians agree to a
- 32:30Speaker 19: two-state solution, and the Iranians under this present regime never will.
- 32:35Speaker 19: So you have a huge problem with the IRGC, the
- 32:39Speaker 19: people who run Iran, and this incident at RAF Fairford
- 32:44Speaker 19: is just a small example of what these people get
- 32:48Speaker 19: up to.
- 32:50Speaker 2: You fly around the world just about more than anybody
- 32:53Speaker 2: I know. When you read and hear and watch about
- 32:56Speaker 2: that event on that fly Dubai aircraft out of Dubai
- 33:00Speaker 2: headed for Tel Aviv, you just must shake your head
- 33:03Speaker 2: and think, oh, my God. I mean, the hero plumber
- 33:06Speaker 2: that got through that door and grabbed that bloke and
- 33:09Speaker 2: got him out of the cockpit and then somehow decided
- 33:11Speaker 2: he knew how to fly a plane, that's something that
- 33:14Speaker 2: is almost unbelievable.
- 33:17Speaker 19: I flew out of Dubai not an hour or so
- 33:20Speaker 19: before that particular plane flew out of Dubai.
- 33:24Speaker 14: I was on an Emirates flight.
- 33:26Speaker 19: I'm fatalistic about my own safety on planes.
- 33:31Speaker 14: But you're right.
- 33:32Speaker 19: What was a miracle was that the captain of the
- 33:36Speaker 19: plane was able to undo the cockpit door. And so
- 33:43Speaker 19: people were able to get in there and the plumber
- 33:46Speaker 19: going in there and resting with the co-pilot. God was
- 33:52Speaker 19: definitely on the side of those people on that plane.
- 33:56Speaker 19: And Greg Barton, in your earlier interview, summarised my own
- 34:02Speaker 19: thinking about it.
- 34:03Speaker 14: We don't really.
- 34:04Speaker 19: Know what the co-pilot was up to, whether he's a jihadist,
- 34:10Speaker 19: whether he's paid by the Iranians, whether he's somebody with
- 34:14Speaker 19: a mental health problem.
- 34:16Speaker 14: We don't know.
- 34:16Speaker 19: The answer to that. But the Israelis have now got
- 34:20Speaker 19: him and they're interviewing him. No doubt in the style
- 34:25Speaker 19: that only the Israelis know how.
- 34:29Speaker 2: Just briefly, the extraction of the American troops out of Iraq,
- 34:33Speaker 2: a lot better than what happened when they went out
- 34:35Speaker 2: of Afghanistan, when we remember that massive American supply plane
- 34:39Speaker 2: with people hanging off the wings.
- 34:43Speaker 19: Yes, this has been, of course, a smaller operation than
- 34:47Speaker 19: the Iraq attack. we couldn't claim it's perfectly stable, but
- 34:53Speaker 19: it's a reasonably stable, a reasonably prosperous country now. And
- 35:00Speaker 19: it's not very democratic, but it is at least somewhat democratic.
- 35:05Speaker 19: So the Americans, I guess, don't feel they need the
- 35:09Speaker 19: presence there anymore.
- 35:11Speaker 14: Well, Afghanistan was a completely different thing.
- 35:14Speaker 19: And The Afghan people were under siege from the Taliban.
- 35:19Speaker 14: Very few people supported the Taliban.
- 35:22Speaker 19: And President Biden decided just to evacuate the country.
- 35:28Speaker 14: It was a terrible thing to do.
- 35:31Speaker 19: And it demonstrated to people like the Iranians, the Chinese
- 35:36Speaker 19: and the Russians that that America and the West is weak,
- 35:40Speaker 19: that we can't stay the course. We talk the book
- 35:43Speaker 19: on democracy and freedom, but we never implement our plans.
- 35:48Speaker 19: That was the message that that sent. So this withdrawal
- 35:52Speaker 19: from Iraq is a completely different proposition.
- 35:56Speaker 2: Yeah, well said. Alexander Downer, good to catch up. Thank
- 35:58Speaker 2: you very much for joining us tonight all the way
- 36:01Speaker 2: from London. Coming up after the break, we'll have the
- 36:04Speaker 2: latest from the world of sport. Robbo will be with us,
- 36:07Speaker 2: including news that three-time Brisbane Lions premiership coach, the great
- 36:11Speaker 2: Chris Fagan, is about to debat the club. Welcome back.
- 36:19Speaker 2: Huge news in the AFL this afternoon. We're in three-time
- 36:22Speaker 2: premiership coach of the Brisbane Lions, the great Chris Fagan,
- 36:26Speaker 2: decided to step down. He won't coach next year. Let's
- 36:29Speaker 2: bring in Mark Robinson. Robbo, I'm cranky. I've got a
- 36:33Speaker 2: bone to pick.
- 36:35Speaker 17: I'm far away, Steve.
- 36:38Speaker 2: He's let old men down. All of us old guys
- 36:41Speaker 2: who are still working, what's he doing?
- 36:45Speaker 17: As you know, it's all consuming. working at our age,
- 36:48Speaker 17: and that's why I stopped.
- 36:49Speaker 1: But to be an AFL coach is just tremendous. Chris
- 36:54Speaker 1: Fagan has been a revelation in so many ways.
- 36:57Speaker 17: The history books in.
- 36:59Speaker 1: 50 years will tell the story that Chris Fagan from
- 37:02Speaker 1: Brisbane won three premierships in a row, but it won't
- 37:04Speaker 1: go anywhere near telling.
- 37:06Speaker 17: The story of what this man has accomplished.
- 37:09Speaker 1: I don't think there's a greater coaching performance than taking
- 37:13Speaker 1: a team on the bottom of the ladder to a
- 37:16Speaker 1: premiership then to another one, and then to another one, Steve,
- 37:21Speaker 1: he will be a Hall of Fame coach, but he's
- 37:25Speaker 1: a Hall of Fame person. I don't think there's a
- 37:27Speaker 1: person in football, supporter, other clubs who don't admire and
- 37:35Speaker 1: respect what this man has done. It's just been a
- 37:38Speaker 1: terrific story.
- 37:41Speaker 2: Put yourself into reverse. You had this incredible career covering footy.
- 37:46Speaker 2: When he was appointed, did you write an opinion piece
- 37:49Speaker 2: or not saying, what are we doing appointing a bloke
- 37:51Speaker 2: who's not played at the top level? Can you remember?
- 37:54Speaker 1: I don't think I would be that disrespectful. And I
- 37:57Speaker 1: can't remember ever riding that. But it was a surprise
- 38:01Speaker 1: appointment because you know what the world's like, mate. They're
- 38:05Speaker 1: like sheep, you know. People form an opinion by licking
- 38:08Speaker 1: their finger and putting it in the air and say, oh,
- 38:10Speaker 1: I'll go with the windblows. But Brisbane went against the
- 38:14Speaker 1: norm and appointed this bloke who'd been at Melbourne, Hawthorne,
- 38:18Speaker 1: beside Alistair Clarkson.
- 38:20Speaker 17: And I think there were doubts, but it just goes
- 38:24Speaker 17: to show... There's nothing certain in sport.
- 38:28Speaker 1: You take a punt and it works out.
- 38:32Speaker 17: He.
- 38:33Speaker 14: He.
- 38:35Speaker 17: You talk about age, Steve. You talk about age.
- 38:37Speaker 1: The trend now is to go younger coaches or first-time coaches.
- 38:41Speaker 1: McVeigh at Essendon, Josh Fraser, North Melbourne, maybe looking at
- 38:44Speaker 1: a first-time coach.
- 38:46Speaker 17: In the meantime....
- 38:48Speaker 1: Chris Fagan at 65 has just taken to a team
- 38:52Speaker 1: to three in a row. And people talk about having
- 38:54Speaker 1: old people have a disconnect with young people.
- 38:56Speaker 17: What rubbish? What rubbish is that? So I'm really happy
- 39:02Speaker 17: for him.
- 39:02Speaker 1: And as I said, I think everyone in football would
- 39:05Speaker 1: stand and applaud if they could at the Brisbane Festival
- 39:08Speaker 1: first and say, thank you for what you've done for
- 39:11Speaker 1: football and go and have a great retirement.
- 39:15Speaker 2: I respect your opinion greatly. I've got a job for Faggs.
- 39:19Speaker 2: He's going to come back to Melbourne. I reckon they
- 39:22Speaker 2: should put him on the AFL commission and make him
- 39:25Speaker 2: the state of origin, Victorian state of origin coach.
- 39:28Speaker 17: Oh, well, I don't know. make it the Victorian state
- 39:31Speaker 17: of origin coach. He is from Tasmania.
- 39:33Speaker 1: But what wise words they are about putting him on
- 39:37Speaker 1: the commission. They tried to do that with Lee Matthews
- 39:40Speaker 1: a couple of years ago and Lee finally said no,
- 39:42Speaker 1: he wanted to stay in football. And everyone thinks that
- 39:45Speaker 1: the commission is so far removed from the general populace
- 39:50Speaker 1: that a man like Chris Fagan would be, I think, perfect.
- 39:54Speaker 17: It's a great idea.
- 39:55Speaker 1: Write a column, Steve, and put it where you put
- 39:57Speaker 1: your columns these days.
- 40:00Speaker 2: You and I both like great games of rugby league.
- 40:03Speaker 2: I don't like that they also run games of rugby league.
- 40:05Speaker 2: State of Origin's always fantastic. That game that the Knights
- 40:09Speaker 2: turned on last weekend to make their first grand final
- 40:12Speaker 2: in 25 years was extraordinary. I mean, the injury obviously
- 40:17Speaker 2: cruelled the feeling amongst the game, but can they win
- 40:20Speaker 2: their first premiership for a quarter of a century?
- 40:23Speaker 17: I love it how you.
- 40:24Speaker 1: And Chris talk about the brightness of sport in this
- 40:27Speaker 1: rubbish world that we live in at the moment. And
- 40:30Speaker 1: I watched that game and it was a fantastic sporting event.
- 40:33Speaker 17: Cleary's injury, which we'll go into later. Can they do it?
- 40:37Speaker 17: Who knows? But I tell you what I reckon happens
- 40:40Speaker 17: in sport.
- 40:41Speaker 1: You need attitude one, talent two, and tactics three. The
- 40:46Speaker 1: Knights have got a tremendous attitude. I'm not saying the
- 40:49Speaker 1: Roosters haven't, but the Roosters have probably got more talent.
- 40:52Speaker 1: But when it comes to big games like this, attitudes
- 40:55Speaker 1: in Portman and the whole country, other than the Roosters supporters,
- 40:58Speaker 1: will be barracking for the younger dogs from Newcastle.
- 41:02Speaker 17: Where are you going to be? Who are you going
- 41:03Speaker 17: to be barracking for?
- 41:05Speaker 2: Oh, yeah, Newcastle, no doubt. Just quickly before you go,
- 41:08Speaker 2: Nathan Cleary, what a class act he is. We're talking
- 41:11Speaker 2: about what a class act Fagan is. How about that
- 41:14Speaker 2: young boy Cleary?
- 41:16Speaker 1: Well, it was a terrible event on the weekend and,
- 41:18Speaker 1: Everyone who follows rugby league, and especially down here in Victoria,
- 41:22Speaker 1: they know Ivan Cleary. He's been one of the best,
- 41:25Speaker 1: if not the best in the game for four or
- 41:27Speaker 1: five years. And for him to be crowned after suffering
- 41:31Speaker 1: just an horrific leg injury, for him to be crowned
- 41:34Speaker 1: the Deleon winner is just testament.
- 41:37Speaker 17: You know, they didn't win on the weekend.
- 41:40Speaker 1: But it's like, hey, in this bad spot you are,
- 41:43Speaker 1: you are rewarded with being the best player in the competition.
- 41:47Speaker 17: It was a really good deli, and Cleary's a very,
- 41:50Speaker 17: very worthy winner.
- 41:52Speaker 2: Well, it was good to see you, my friend. Talk
- 41:54Speaker 2: to you soon, Mark Robbo-Robinson there. After the break, the
- 41:57Speaker 2: US Secretary of War, Pete Hesketh, you can't miss this.
- 42:00Speaker 2: He's turned heads with his latest anti-woke speech that me
- 42:05Speaker 2: and my panel are going to pick apart after this.
- 42:14Speaker 2: Welcome back. Great to have you with us. I'm joined
- 42:16Speaker 2: by our panel, Tim Blair and Mark Nicholson, the duo,
- 42:20Speaker 2: the great duo on The Chris Kenny Show. Now, thank
- 42:22Speaker 2: God you two are on the panel tonight. Only you
- 42:25Speaker 2: pair could I get to react to US Minister for War,
- 42:29Speaker 2: Pete Hesketh. Have a look at what he said at
- 42:32Speaker 2: a training camp today.
- 42:35Speaker 18: We are no longer the woke department or the weak department.
- 42:40Speaker 18: Simple translation of that. No fatties, no trannies, no beardos,
- 42:45Speaker 18: no weirdos, no wimps, no radicals.
- 42:50Speaker 17: Just warriors.
- 42:51Speaker 18: Just tough, ready, committed troops. The War Department, as you know,
- 42:57Speaker 18: is colorblind, gender neutral, and merit-based.
- 43:02Speaker 2: Tim, can you hear Richard Miles making that speech, mate?
- 43:06Speaker 15: Might be the best speech since the opening few minutes
- 43:10Speaker 15: of the great George C. Scott movie Patton, which also
- 43:13Speaker 15: had the big American flag behind it. One of the
- 43:17Speaker 15: most remarkable things about the woke era was that it
- 43:22Speaker 15: swarmed the military. It did turn warriors into the various
- 43:26Speaker 15: individuals described by Heskov.
- 43:27Speaker 14: You know.
- 43:29Speaker 17: So.
- 43:30Speaker 15: You know, it's actually a return to normality that, you know,
- 43:33Speaker 15: a War Department should be full of warriors, but he's
- 43:35Speaker 15: going to cop a lot of heat for it anyway,
- 43:37Speaker 15: you know, for basically stating the screamingly obvious.
- 43:41Speaker 2: Well, I think the supporters are going to support him.
- 43:43Speaker 2: That would make a great episode of Please Explain.
- 43:46Speaker 14: Yeah.
- 43:47Speaker 2: Don't you think? Mate, it'd be awesome. Just turn it
- 43:48Speaker 2: into an Australian version for Please Explain. It could be
- 43:52Speaker 2: one nation's defence policy.
- 43:54Speaker 20: Mate, I'm thinking about asking if he can come on
- 43:56Speaker 20: down to Victoria and we'll give him a ministerial spot.
- 43:58Speaker 20: Because it's not just the Department of War and Defence.
- 44:00Speaker 20: I need him on every department in Victoria. 20% is
- 44:03Speaker 20: just a good start.
- 44:05Speaker 8: What did he say?
- 44:05Speaker 20: He said, out with the clowns, in with the cowboys
- 44:09Speaker 20: as well.
- 44:10Speaker 8: It's gold.
- 44:11Speaker 2: The cowboy stuff's great. It's exactly what we need. Tuma,
- 44:14Speaker 2: how would you love to see the reaction from old
- 44:16Speaker 2: Joe Biden and Kamala Harris after they watched that?
- 44:20Speaker 15: Well, I don't think we'll have seen a reaction from
- 44:22Speaker 15: Joe Biden in many years. I think the last.
- 44:24Speaker 2: Reaction we were going to have was.
- 44:26Speaker 15: Around about 2021. And it's fallen off from there. But, yeah,
- 44:30Speaker 15: this is going to put more heat on the Democrats
- 44:33Speaker 15: leading into the next sort of election cycle in the US.
- 44:37Speaker 15: They're trying right now to walk away from all the
- 44:39Speaker 15: woke excesses of previous years. And it's good on Hesketh
- 44:43Speaker 15: and his allies in the Republican Party to keep reminding
- 44:46Speaker 15: people of how crazy all of that time was.
- 44:49Speaker 13: Mm-hm.
- 44:51Speaker 2: Absolutely. And look, that is going to sell so well
- 44:53Speaker 2: with the Trump supporters and those midterms. Let's talk about
- 44:56Speaker 2: Chris Minns, Labor Premier. I think the Labor Premiers of
- 44:59Speaker 2: South Australia and New South Wales, if we're ever going
- 45:02Speaker 2: to have a decent Labor Party federally again, one or
- 45:05Speaker 2: the other of those should be reined in to go
- 45:09Speaker 2: and stand as leader. Now, they probably won't do it, but...
- 45:13Speaker 2: You know, Peter Malinaskis in South Australia is now going
- 45:16Speaker 2: to have a royal commission into AI. Surely, Tim, that
- 45:21Speaker 2: would be an acceptable face of Labor when we go
- 45:24Speaker 2: to a federal election in 18 months' time. Yeah, it's
- 45:28Speaker 2: funny at the moment.
- 45:29Speaker 15: What we've got is a Prime Minister whose great political
- 45:32Speaker 15: skill is that he can control the factions federally, but
- 45:36Speaker 15: he can't control the state leaders with anywhere near as
- 45:39Speaker 15: much skill, can he? So you've got South Australia and
- 45:42Speaker 15: New South Wales... both setting off.
- 45:45Speaker 2: On their own paths.
- 45:46Speaker 15: And it doesn't look like the Prime Minister of Albania
- 45:49Speaker 15: can drag them back at this point.
- 45:52Speaker 2: Mark, I mean, there's a funny... Well, not funny. There's
- 45:55Speaker 2: an issue going on today. As of 30 November, Australians
- 45:59Speaker 2: will no longer be able to pay their tax bill
- 46:02Speaker 2: to the ATO using a credit card. This comes after
- 46:05Speaker 2: months of this deliberation. But have a listen to Federal
- 46:08Speaker 2: Minister for Industry, and you tell me if you can
- 46:11Speaker 2: explain one word he's saying Tim Ayres trying to explain it.
- 46:15Speaker 21: The surcharge is paid by the taxpayer. It's kind of perverse.
- 46:19Speaker 21: You're paying taxes. The surcharge is paid for by the taxpayer.
- 46:24Speaker 8: What about the small business who needs a bit of flexibility?
- 46:26Speaker 21: Well, a very small number of small businesses, and there
- 46:31Speaker 21: are many ways for firms to pay their bills.
- 46:37Speaker 8: What?
- 46:39Speaker 2: It's all waffle, mate. You're a political candidate now. Now,
- 46:41Speaker 2: come on, tell me what that meant.
- 46:42Speaker 20: Mate, that right there is waffle because all they want
- 46:45Speaker 20: to do is... The truth is we're passing on the
- 46:48Speaker 20: costs to consumers and they're going to increase prices. Every
- 46:51Speaker 20: cafe should have this little elbow tax for increase on prices.
- 46:55Speaker 20: But I run a small business as well and, mate,
- 46:57Speaker 20: that credit card paying for ATO stuff, that is the
- 47:01Speaker 20: best way to get frequent flyer points you could ever imagine.
- 47:04Speaker 2: I consider myself to be reasonably clever... I've never thought
- 47:09Speaker 2: to pay my tax bill with a credit card. Dude,
- 47:11Speaker 2: it's brilliant. Dude, it's brilliant. Cash flow, as you know,
- 47:14Speaker 2: and Albo would have no clue about this. I said before,
- 47:17Speaker 2: he's never run a business. He's never put his own
- 47:20Speaker 2: money on the line. He doesn't even fill his own
- 47:22Speaker 2: car up with petrol now.
- 47:23Speaker 7: That's right.
- 47:23Speaker 2: So he would have no clue.
- 47:24Speaker 8: Yep.
- 47:25Speaker 2: So when a small business gets its BAS statement, and
- 47:28Speaker 2: you might have a slower month, shouldn't that be the
- 47:31Speaker 2: way you pay?
- 47:32Speaker 20: Honestly, I'm gutted about this because it does, it gives
- 47:34Speaker 20: you cash flow, but it's also just a small reward
- 47:36Speaker 20: for being in business and taking that risk. You get
- 47:39Speaker 20: a little, little reward, the tiniest of rewards, like an
- 47:42Speaker 20: upgrade on a Qantas flight. It's not even that nice
- 47:44Speaker 20: to get in business, do you know what I mean?
- 47:45Speaker 20: But you get that as a little pat on the
- 47:47Speaker 20: back for having a crack, running a payroll and paying
- 47:50Speaker 20: your tax.
- 47:50Speaker 2: I like it in business. Tim, what about this? Was
- 47:53Speaker 2: your coffee cheaper this morning?
- 47:56Speaker 8: No.
- 47:57Speaker 2: I know if anything it's going up.
- 48:00Speaker 15: Just on the credit card thing, I have two credit cards,
- 48:03Speaker 15: so you can imagine how those go together. One's always
- 48:06Speaker 15: counting the other one. It's a symbiotic relationship, I guess
- 48:10Speaker 15: you'd call it. But, yes, yes, coffee costs. I live
- 48:13Speaker 15: out in the bush where, oddly, there's an extremely advanced
- 48:16Speaker 15: coffee culture. And, yeah, we just took a big financial
- 48:20Speaker 15: hit due to that, yeah, for sure.
- 48:23Speaker 2: That heralds some poll today, Tim.
- 48:24Speaker 4: 24% is.
- 48:27Speaker 2: The primary vote for Jess Wilson, extends her lead. I
- 48:31Speaker 2: think you've got 29% One Nation from a colleague sitting
- 48:35Speaker 2: here next to me, and you've got 22% on One Nation,
- 48:38Speaker 2: Coalition 29%, Labor 24%. That sort of suggests to me, and,
- 48:43Speaker 2: you know, I don't want to say this in front
- 48:46Speaker 2: of Mark, but I have been saying for some time
- 48:48Speaker 2: that I think we're going to have a minority-coalition-One Nation
- 48:53Speaker 2: combo come November.
- 48:55Speaker 15: That, at the moment, would be a pretty good call.
- 48:58Speaker 15: I think it also, if that is the case, if
- 49:01Speaker 15: the numbers drive towards that, then it's a big lesson
- 49:04Speaker 15: for the conservative side of politics. You're either on one
- 49:07Speaker 15: side or you're in opposition. And let's see how that
- 49:11Speaker 15: all turns out because, yeah, to be fractured at the
- 49:14Speaker 15: moment is to lose to a party that hasn't deserved
- 49:16Speaker 15: to be in power for decades in Victoria.
- 49:19Speaker 14: Mark?
- 49:20Speaker 2: I won't say what the location is for obvious reasons,
- 49:22Speaker 2: but you do have a launch coming up on the weekend.
- 49:25Speaker 17: Yep.
- 49:25Speaker 2: We've got a big launch.
- 49:26Speaker 14: That's what I mean.
- 49:27Speaker 2: Policies.
- 49:28Speaker 20: Whatever that poll is now, 22%, 25%, doesn't matter what
- 49:32Speaker 20: it is, I think we're going to get 100% of
- 49:34Speaker 20: the vote once we do this big policy launch on Saturday.
- 49:37Speaker 2: It's going to blow them off.
- 49:38Speaker 10: You're going to love it.
- 49:39Speaker 8: Of all the blokes, you're going to love it.
- 49:41Speaker 2: I would love it. We're not saying where it is
- 49:42Speaker 2: for obvious reasons. Tim and Mark, always a pleasure to
- 49:45Speaker 2: catch up with you both. Thank you very much. Peter
- 49:47Speaker 2: Credlin's not well today, so Jamie Rogers is filling in
- 49:51Speaker 2: for her. She's up next.