Latest / Credlin / Credlin | 7 April
Transcript
- 0:02Speaker 1: Pedo Krandler live on Sky News Australia.
- 0:08Speaker 2: Good evening, Welcome to the program. Week two with the
- 0:10Speaker 2: federal campaign. Is what's coming up from the show early
- 0:14Speaker 2: termol today the Australian stock market convulsions are the sword
- 0:19Speaker 2: corrected later on this afternoon, but the US tariff decision
- 0:22Speaker 2: is caused to wipe out in excess of one hundred billion.
- 0:24Speaker 2: Now the treasure then went on television and claimed that
- 0:27Speaker 2: a rate cut because of this. He says the market
- 0:29Speaker 2: say was on the way, which is very convenient from
- 0:32Speaker 2: electually campaign.
- 0:34Speaker 3: Instead of the politicians.
- 0:35Speaker 2: Though let's get a view from an expert economist, Warren Hogan.
- 0:38Speaker 2: Coming up, Labor announces its later as a billion dollars
- 0:41Speaker 2: renewable span two point three billion in batteries for the rich.
- 0:46Speaker 2: So that's the reality that the PM and Chris Bowen
- 0:48Speaker 2: have conveniently omitted. Fluss are deeply unpopular to sind to
- 0:52Speaker 2: Allen today fronts up on Labour's federal campaign trail.
- 0:55Speaker 3: So how did it go?
- 0:57Speaker 2: I'll get the latest for both camps in just a
- 0:59Speaker 2: moment and another news poll overnight. Momentum still with Labor.
- 1:03Speaker 2: A lot can change in a week or two, says
- 1:05Speaker 2: Peter Dutton as he declares the Coalition is the underdog.
- 1:10Speaker 4: There'll be scores of polling between now and the election
- 1:14Speaker 4: and we've got work to do.
- 1:15Speaker 1: There's no question about that.
- 1:16Speaker 4: We are the underdog in this race, but we're the
- 1:18Speaker 4: only party who can provide support to Australians in a
- 1:22Speaker 4: very uncertain age.
- 1:25Speaker 2: But first, in the first big policy backflip of the campaign,
- 1:28Speaker 2: the Coalition today dumped its policy and work from home
- 1:31Speaker 2: rights for federal public servants if elected in four weeks time,
- 1:36Speaker 2: and it said it would no longer be sacking anyone
- 1:38Speaker 2: to get the public sector head count down by forty
- 1:41Speaker 2: one thousand over the next five years as it's previously committed. Instead,
- 1:45Speaker 2: it will just be attrition to get the numbers down,
- 1:48Speaker 2: so that means when someone leaves, they're not replaced unless
- 1:52Speaker 2: they're in a frontline job like the Federal Police. And
- 1:55Speaker 2: the reason why the Coalition still wants that head count
- 1:58Speaker 2: down is because, as they say, Labour's increase of forty
- 2:02Speaker 2: one thousand bureaucrats in just three years is not a
- 2:05Speaker 2: good use of taxpayers money and it's hard not to
- 2:08Speaker 2: agree given we've hardly got any extra value for all
- 2:12Speaker 2: the people and the.
- 2:13Speaker 3: Billions it's cost us.
- 2:15Speaker 2: But let's be clear why the coalition has dumped this policy,
- 2:19Speaker 2: not because it isn't sound, but because they didn't sell
- 2:22Speaker 2: it well enough. They put it out there too early
- 2:25Speaker 2: in the campaign with nothing much else to talk about,
- 2:28Speaker 2: and they let a labour scare campaign take hold. Now,
- 2:32Speaker 2: let me explain in principle, it's absolutely reasonable for a
- 2:36Speaker 2: coalition government to want to make government as productive as
- 2:40Speaker 2: it can be and to reduce any unnecessary costs for taxpayers,
- 2:45Speaker 2: because the right side of politics believes government should be
- 2:48Speaker 2: only as big as it needs to be to do
- 2:51Speaker 2: the things that we can't do for ourselves, but otherwise
- 2:54Speaker 2: for government to be as small as possible. Now, labor,
- 2:58Speaker 2: on the other hand, a big government because big government
- 3:02Speaker 2: equals weak citizens, and the more people that the state employees,
- 3:07Speaker 2: the more people are in unions and outside the public
- 3:10Speaker 2: sector workforce. Before COVID, work from home flexibility was there
- 3:15Speaker 2: for public servants, but only on and as needs basis.
- 3:20Speaker 2: It was never five days a week. It was never
- 3:23Speaker 2: a right, nor should it be. But incomes labor and
- 3:27Speaker 2: to buy votes. It's allowed every public servant in the
- 3:30Speaker 2: country to demand the right to work from home all
- 3:35Speaker 2: five days a week. How on earth someone in Border Protection,
- 3:40Speaker 2: let's say, do their job from a laptop in their kitchen.
- 3:44Speaker 2: But this is just one of the department's home affairs,
- 3:47Speaker 2: where some seventy percent of public servants now work from home.
- 3:51Speaker 3: Federally.
- 3:52Speaker 2: Labour slam Dutton for this policy, even though Labour's Chris
- 3:56Speaker 2: Mins wants more of his new South Wales public servants
- 3:59Speaker 2: back in the office. So as sensible as this policy
- 4:03Speaker 2: is both in terms of the operation of good government
- 4:06Speaker 2: and productivity for taxpayers, the Coalition dropped it out too
- 4:09Speaker 2: early in the campaign and they failed to kill off
- 4:13Speaker 2: Labour's scare campaign. Instead, they let the story run that
- 4:16Speaker 2: if elected, Dutton would somehow force everyone private and public
- 4:21Speaker 2: sector alike back into the office and as somehow he
- 4:24Speaker 2: was anti women and anti family. He is Peter Datton today.
- 4:29Speaker 4: I think we've made a mistake in relation to this policy,
- 4:32Speaker 4: and I think it's important that we say that and
- 4:34Speaker 4: recognize it.
- 4:35Speaker 5: And our intention always was.
- 4:37Speaker 4: To make sure that where taxpayers are working hard and
- 4:39Speaker 4: their money is being spent to pay wages, it's been spenefficiently.
- 4:43Speaker 1: Our plan, which was only.
- 4:43Speaker 4: Ever targeted for the public Service in camera Labour's been
- 4:47Speaker 4: able to create into a scare campaign.
- 4:50Speaker 2: Look after an ordinary week last week and the stalling
- 4:52Speaker 2: momentum of the last month, the Coalition didn't the only
- 4:56Speaker 2: thing it could today with that policy that they hadn't
- 4:59Speaker 2: positioned well enough and a policy that was being distorted
- 5:02Speaker 2: and demonized by its opponents. That's why it's being dumped.
- 5:07Speaker 2: And that's what Labour has always been good at, taking
- 5:10Speaker 2: something that's perfectly reasonable and sensible and turning it into
- 5:13Speaker 2: a scare campaign. Because while Labor's terrible at government, they
- 5:17Speaker 2: are ruthless politically. It's this political rat cunning that's behind
- 5:22Speaker 2: the movement in the polls today, Today's News polls got
- 5:25Speaker 2: the government now ahead on the two party preferred basis
- 5:28Speaker 2: forty two forty eight fifty two, sorry, forty eight. And
- 5:32Speaker 2: while it's fair to say the Coalition strategists are concerned,
- 5:35Speaker 2: some Coalition supporters are even despondent, this is still anyone's race.
- 5:41Speaker 2: As a reminder, people last week in twenty ten, Tony
- 5:43Speaker 2: Abbott well he was behind in every single poll of
- 5:47Speaker 2: that year and the campaign, but ended up with more
- 5:50Speaker 2: seats than Labour In twenty nineteen. It's got Morrison two
- 5:54Speaker 2: behind throughout the campaign, but he ended up with his
- 5:57Speaker 2: miracle win because quiet Australians didn't nest necessarily tell pollsters
- 6:01Speaker 2: what they were thinking. And this time around, well the
- 6:04Speaker 2: fundamentals is similarly against the government. There is a cost
- 6:09Speaker 2: of living crisis in Australia and Anthony Albanese in his
- 6:13Speaker 2: government is to blame because they have made it much
- 6:17Speaker 2: much worse. The issue remains though, that while people are
- 6:21Speaker 2: feeling the pain, they've not yet connected that with Albanese
- 6:26Speaker 2: in his government. And that's the big job ahead for
- 6:29Speaker 2: the coalition now. Out there in the real world places
- 6:32Speaker 2: where people are watching reality TV tonight, they're not getting
- 6:34Speaker 2: a political update on Sky News. Amongst people who don't
- 6:38Speaker 2: read newspapers, who get their news via social media.
- 6:42Speaker 3: I'll tell you what.
- 6:43Speaker 2: The election hasn't even registered the election, they say, what election?
- 6:49Speaker 2: So the coalition has time to reboot its messages, but
- 6:53Speaker 2: they don't have forever because in two weeks time now
- 6:56Speaker 2: prepolls will open and people will start to vote, and
- 7:00Speaker 2: between now and then, Labour's pushed to buy your vote
- 7:02Speaker 2: will only ramp up further. Meanwhile, the Prime Minister well
- 7:07Speaker 2: he can't help telling lies to confuse voters. And it's
- 7:11Speaker 2: not just the power bills lie, which he might have
- 7:14Speaker 2: half believed before he then designed the modeling on which
- 7:16Speaker 2: it's based.
- 7:17Speaker 3: And it's not just.
- 7:18Speaker 2: The Chinese lie fire exercises. They're no big deal that lie,
- 7:23Speaker 2: which he might have felt was necessary to avoid further
- 7:26Speaker 2: antagonizing his mates in Beijing. And it's not just a
- 7:30Speaker 2: lie that the government was thinking about buying back the
- 7:33Speaker 2: port of Darwin pedaled that one out on NT radio
- 7:36Speaker 2: on Friday in a pathetic attempt to try and go
- 7:39Speaker 2: up the coalition. It's all the little lies he tells
- 7:44Speaker 2: that say a hell of a lot about his character.
- 7:57Speaker 6: I stepped back one step.
- 8:00Speaker 7: I didn't fall off the stage, just one leg went down.
- 8:03Speaker 8: But I was sweet, give.
- 8:06Speaker 3: Me a break.
- 8:07Speaker 2: I mean, if he can tell blatant lies over that,
- 8:09Speaker 2: as opposed to just admitting here at the tumble the
- 8:12Speaker 2: movie going, well, how can we trust this bloke on
- 8:15Speaker 2: the things that we don't see with our own eyes.
- 8:18Speaker 2: If he lies on the little stuff, God help us
- 8:21Speaker 2: on the big stuff. Look, I want to start tonight
- 8:28Speaker 2: out on the PM's campaign. It began in Victoria this morning.
- 8:32Speaker 2: So no surprise or coalition got in early with this attack.
- 8:36Speaker 9: Ad Albow and Allen are double trouble.
- 8:39Speaker 10: Labour's budget shows ten years of deficits, Victoria has the
- 8:43Speaker 10: worst debt of any state and crime is at an
- 8:46Speaker 10: all time high.
- 8:47Speaker 11: We can't afford three more years of Labor.
- 8:52Speaker 2: Joining me now, Senior political reporter Tritty Macintosh, Well, they
- 8:56Speaker 2: finally got together, the PM and the Victorian Premier today.
- 8:59Speaker 2: What was the reaction like, Trudy, Yeah, I feel like we've.
- 9:04Speaker 8: Been talking about this for days, Peter. Finally a decision
- 9:06Speaker 8: made within the Labor camp that they needed to cauterize
- 9:09Speaker 8: this word. Get out there, be together and you won't
- 9:13Speaker 8: have to do it again in this campaign. I think
- 9:14Speaker 8: it was telling where we went and how long we
- 9:17Speaker 8: were on the ground. We were whisked to Sunshine Station.
- 9:20Speaker 8: It's a very safe labor seat. Sixteen percent held by
- 9:23Speaker 8: MP Dan Malino. There wasn't even new funding announce a
- 9:26Speaker 8: re announcement of the two billion dollars from February this
- 9:29Speaker 8: year for rail upgrades, and on almost every question where
- 9:33Speaker 8: this was the contentious issue of what about the premiere
- 9:36Speaker 8: potentially dragging down the popularity the premier being asked whether
- 9:40Speaker 8: she will take any responsibility if Anthony Abernezi goes backwards
- 9:43Speaker 8: in Victoria on both occasions and immediate pivot to speak
- 9:47Speaker 8: about Peter Dutton. That is what they want the contrast
- 9:50Speaker 8: to be, not at all for Melbournians to try and
- 9:53Speaker 8: link the two things together. But as you just played,
- 9:55Speaker 8: that attack ad is going to be used over and
- 9:57Speaker 8: over again against Labor. I asked the Prime Minister about
- 9:59Speaker 8: this and have a lo how quickly he managed to
- 10:01Speaker 8: move the topping onto something else. You concerned her plunging
- 10:05Speaker 8: popularity can be a drag on Labour's schedual chances here
- 10:07Speaker 8: in Victoria.
- 10:08Speaker 3: Ellen.
- 10:09Speaker 7: One of the issues that Victoria has had to deal
- 10:11Speaker 7: with has been done by successive comworalth governments. That's why
- 10:18Speaker 7: when Victoria was doing investing in projects like Melbourne Metro,
- 10:24Speaker 7: they lost their partners in the Conworth.
- 10:29Speaker 3: Thanks very much, Trudy. We'll leave it out.
- 10:31Speaker 2: I'll just remind people to that train station, the actual
- 10:34Speaker 2: physical station, not the line to it, just the station
- 10:37Speaker 2: is due for a one billion dollar spend. If Labor
- 10:41Speaker 2: is reelected on one train station, can you believe it?
- 10:44Speaker 2: Let's go down of Peter Dutton's campaign bus and joined
- 10:46Speaker 2: now by political reporter Julia Bradley. Well, Julia Opposition leader
- 10:50Speaker 2: straight out today in the ultra marginal seat of Stird
- 10:54Speaker 2: in South Australia. But it was a national message out
- 10:58Speaker 2: of his campaign today, the dump of their work from
- 11:01Speaker 2: home policy.
- 11:04Speaker 10: It's certainly dominated today's stay of campaigning Peter, because the
- 11:09Speaker 10: Opposition leader came out, he apologized and he essentially said
- 11:12Speaker 10: that the Coalition got this policy wrong. Rather than forcing
- 11:16Speaker 10: public servants in camera back to the office, is vowing
- 11:20Speaker 10: to maintain work from home flexibility. That does follow some
- 11:23Speaker 10: polling suggesting this policy wasn't washing well with all female voters,
- 11:28Speaker 10: but Peter Dutton maintaining this has been a labour scare
- 11:31Speaker 10: campaign which sought to convince voters that this was a
- 11:34Speaker 10: policy being enacted right across the board. Rather Peter Dutton
- 11:38Speaker 10: maintaining it's about improving efficiency in the public service in
- 11:43Speaker 10: camera alone. Now this wasn't the only change declared today. Also,
- 11:48Speaker 10: instead of sacking forty one thousand public servants, Peter Dutton
- 11:51Speaker 10: saying he wants them to go of their own accords,
- 11:54Speaker 10: so through natural attrition or through hiring freezers over a
- 11:57Speaker 10: five year period, raising the question though whether that many
- 12:00Speaker 10: would actually go in that period and also whether the
- 12:03Speaker 10: coalition could net seven billion dollars.
- 12:05Speaker 3: It said that those cuts would deliver.
- 12:07Speaker 10: Annually by that fifth year, so a big day on
- 12:10Speaker 10: the coalition campaign. There were targeting seats in Adelaide, particularly
- 12:14Speaker 10: that marginal seat of Sturt. Since then, though, Peter Dutton
- 12:18Speaker 10: wanting to redirect the focus onto cost of living, visiting
- 12:21Speaker 10: petrol stations to really tout that policy of making fuel
- 12:25Speaker 10: cheaper for motorists back in Western Sydney. Now ahead of
- 12:29Speaker 10: that Sky News People's Forum which will be held tomorrow night.
- 12:34Speaker 2: We will not miss that, Julia, thank you, And just
- 12:37Speaker 2: on the public service, I might add, you work them hard,
- 12:39Speaker 2: you work them long, you make them accountable for their results,
- 12:42Speaker 2: so you might find a few of them decide the
- 12:44Speaker 2: door is easier than staying in the job. All right,
- 12:46Speaker 2: let's get into a whole lot of other issues on
- 12:48Speaker 2: the Monday. Joining me in our national editor at the
- 12:51Speaker 2: Australian Debta Shanahan and Sky's contributor Chris Yulman. Gens will
- 12:56Speaker 2: go straight to work from home. Julia made the point
- 12:59Speaker 2: there the coalition dumping that policy today Chris, it became
- 13:04Speaker 2: something that was less about the Canberra bureaucrat and more,
- 13:08Speaker 2: I guess the fear, particularly for women. They say that
- 13:12Speaker 2: it would be a rite taken away in every workplace
- 13:15Speaker 2: around the country.
- 13:17Speaker 3: Did he have.
- 13:18Speaker 2: Any other option? And will this end it for the coalition?
- 13:22Speaker 2: Now that these policy is dumped? Will they be able
- 13:25Speaker 2: to move on?
- 13:27Speaker 3: Well?
- 13:27Speaker 12: I'm assuming Peter that what the Coalition was seeing as
- 13:29Speaker 12: tracking polling was the same thing that the Labour Party
- 13:31Speaker 12: was seeing, and that this was killing it and their
- 13:33Speaker 12: messaging was so bad that they had to dump it
- 13:35Speaker 12: and gets far away from the pulse they possibly could.
- 13:39Speaker 12: Will they let them forget it? No? I think they'll
- 13:41Speaker 12: make them wear it like a crown of thorns all
- 13:42Speaker 12: the way through to election day. Why because first and
- 13:45Speaker 12: foremost it looks inept. Secondly, they'll be able to raise
- 13:48Speaker 12: the question about how they're going to pay for some
- 13:50Speaker 12: of the cuts that they are those cuts are going
- 13:52Speaker 12: to pay for some of the promises they're making. And thirdly,
- 13:55Speaker 12: the Labor Party will simply say they're going to do
- 13:57Speaker 12: it anyway, they're just waiting until after the election. They
- 13:59Speaker 12: are all the things you or I would do if
- 14:01Speaker 12: we were in the same position as the Labor Party
- 14:02Speaker 12: finds itself in now. The thing I find amazing is
- 14:06Speaker 12: that a coalition government led by a Liberal Party, which
- 14:08Speaker 12: should be the party of small government, now can't go
- 14:10Speaker 12: to an election campaign arguing for smaller government, which used
- 14:14Speaker 12: to be standard. That the page one, chapter one of
- 14:18Speaker 12: the Liberal Party was We're going to cut government spending.
- 14:21Speaker 9: Now they can't even.
- 14:22Speaker 1: Do that, Like, you know, that really is.
- 14:24Speaker 12: A pretty big blow for them in this part of
- 14:26Speaker 12: the campaign.
- 14:29Speaker 2: Yeah, Chris, at the top of the show, I said,
- 14:31Speaker 2: you know, it's always been the right side of politic
- 14:33Speaker 2: that says government is big as it needs to be
- 14:36Speaker 2: to do all the things that we can't do as
- 14:38Speaker 2: citizens for ourselves, but as small as possible. And I
- 14:42Speaker 2: fear they went out way too early on this. They
- 14:45Speaker 2: did not need to go out there when they went
- 14:47Speaker 2: out there.
- 14:48Speaker 3: About four weeks ago.
- 14:49Speaker 2: But when they went out on this issue, they had
- 14:52Speaker 2: basically nothing else to discuss.
- 14:54Speaker 3: It was this and Daylight.
- 14:56Speaker 2: And Labors very cunningly linked it to Donald Trump. This
- 15:00Speaker 2: is Trump's sort of popularity in Australia has really fallen away.
- 15:03Speaker 2: But it's not a Trumpian policy. This is core business
- 15:07Speaker 2: if you're a coalition government.
- 15:10Speaker 12: You would think so it has been forever, right, Well,
- 15:12Speaker 12: it did until we got to the big government Conservative
- 15:14Speaker 12: when we can talk about them another day. But what
- 15:16Speaker 12: we're seeing here is a really serious position for Liberal
- 15:20Speaker 12: Party now if it cannot reduce the size of government,
- 15:22Speaker 12: which was what this policy was all about. So I
- 15:24Speaker 12: find that this is an extraordinary position for the Liberal
- 15:27Speaker 12: Party to find itself in, particularly this part of the campaign,
- 15:30Speaker 12: and they now need to look at the way that
- 15:32Speaker 12: they message things and they can't tell a long term story.
- 15:35Speaker 12: I would have been spending the last three years pointing
- 15:37Speaker 12: out to people that the Australian bureaucracy is the highest
- 15:40Speaker 12: paid bureaucrats, are the highest paid bureaucrats in the world,
- 15:45Speaker 12: and that we've seen a massive expansion of them and
- 15:47Speaker 12: now many of them are working from home, and there
- 15:48Speaker 12: are very serious questions about how hard some of them
- 15:51Speaker 12: working from home.
- 15:52Speaker 9: And I make that.
- 15:53Speaker 12: Case for a couple of months or for a couple
- 15:56Speaker 12: of years, and then you're in a position to do.
- 15:57Speaker 2: Something and they're not working from home in camera am
- 16:02Speaker 2: I Dad. They're working from home in their caravans and
- 16:04Speaker 2: all around the country trying to connect back.
- 16:07Speaker 9: They're not working from home.
- 16:10Speaker 2: Yeah, correct, deadis talk to me about newspole today. Another
- 16:15Speaker 2: boost here for labor. Primary is unchanged. There was primaries
- 16:18Speaker 2: at thirty three dropped though in the coalition one point
- 16:21Speaker 2: down to thirty six two party preferred.
- 16:23Speaker 3: It's where correct.
- 16:25Speaker 2: Me if I'm wrong, but it's where labor was at
- 16:27Speaker 2: the last election. That was a shocking result for labor.
- 16:30Speaker 2: But they're on the improvement. It feels like absolutely they
- 16:35Speaker 2: got that momentum a couple of weeks ago and they.
- 16:37Speaker 3: Are hanging on to it.
- 16:41Speaker 13: Well, Peter, I tend to agree with you, disagree with
- 16:44Speaker 13: you a little bit there because I think that what
- 16:47Speaker 13: the News poll has shown is not so much momentum
- 16:51Speaker 13: for Labor but a loss of liberal momentum.
- 16:55Speaker 9: And also there is very little.
- 16:58Speaker 13: Movement in this pole a point here or there. Yes,
- 17:03Speaker 13: the two party preferred calculations shifted. It's better for labor,
- 17:07Speaker 13: and of course that's better for the government. But I
- 17:10Speaker 13: think that it's too early yet to say that the
- 17:13Speaker 13: momentum is with the Labor Party. Clearly the Liberals are
- 17:18Speaker 13: not having a good start to the campaign. But curiously,
- 17:23Speaker 13: the only number in that News poll today which actually
- 17:27Speaker 13: was anywhere near the margin of error was actually an
- 17:30Speaker 13: improvement for Peter Dutton on the preferred prime minister. So
- 17:35Speaker 13: the actual you know, when you look at the numbers,
- 17:38Speaker 13: the biggest shift was a positive for Peter Dutton. But
- 17:41Speaker 13: I think it still comes down to that where these
- 17:45Speaker 13: changes are occurring in which states and of course in
- 17:50Speaker 13: which seats. I think that yes, the government's better off
- 17:54Speaker 13: with an extra point on that two party preferred advantage,
- 17:58Speaker 13: but I think that it is too early to say
- 18:02Speaker 13: that Peter Dutton's written off, and the Labor parties saying that, well,
- 18:09Speaker 13: it's you know, it's just a question. And of course
- 18:11Speaker 13: momentum is important, it really is important, and sole are perceptions,
- 18:15Speaker 13: and I think this poll has helped the perceptions for
- 18:19Speaker 13: the government, but fundamentally there are still real problems there
- 18:22Speaker 13: for Labor, particularly on that primary vote. I mean, they're
- 18:26Speaker 13: celebrating because they're back to where they were at the
- 18:30Speaker 13: last election when they won by one seat. They're going
- 18:35Speaker 13: into this election and it was of two there.
- 18:38Speaker 2: Were, and it was their worst results since the nineteen
- 18:42Speaker 2: forties too. So you know, I do not add all
- 18:46Speaker 2: any way, shape or form, roll the coalition here or
- 18:49Speaker 2: say that they can't come back from where they are now.
- 18:53Speaker 2: But clearly they've got to improve because they don't just
- 18:56Speaker 2: need to get to minority government given that horseshoe, They've
- 18:59Speaker 2: really got to try and get to a majority position.
- 19:02Speaker 2: That's the challenge for them. Talk to me today about
- 19:06Speaker 2: what happened on the stock exchange in the political sense here,
- 19:10Speaker 2: Chris Yielman, because one hundred billion dollars wiped off.
- 19:13Speaker 3: Yes, there's been some recovery.
- 19:15Speaker 2: This afternoon, I'll get into the economics and how it
- 19:17Speaker 2: might play out with interest rates at a moment with
- 19:19Speaker 2: Warren Hogan. But we know in Canada. I'm watching Canada
- 19:22Speaker 2: really closely. The Conservatives in Canada, we're in the box
- 19:27Speaker 2: seat to win. Then roles in Trump and he has
- 19:30Speaker 2: basically turned it around and they left look like they
- 19:34Speaker 2: could be returned, which I find extraordinary. But that's where
- 19:37Speaker 2: they are, and that's sort of been the same sort
- 19:41Speaker 2: of response to Trump in this contest in Australia with
- 19:45Speaker 2: that soft undivided vote, unzercided vote.
- 19:50Speaker 12: Absolutely, and look, there are some big Trump supporters and
- 19:53Speaker 12: some of those big Trump supporters what Sky News, But
- 19:56Speaker 12: I can tell you that that's not a majority of
- 19:58Speaker 12: Australian So say twenty percent of people support Donald Trump
- 20:01Speaker 12: in Australia and think that he's doing a great thing
- 20:03Speaker 12: and would like to see more of it. We'd like
- 20:05Speaker 12: to see some of it here. That's a minority of
- 20:08Speaker 12: the Australian electric Now, he genuinely does unsettle a lot
- 20:12Speaker 12: of Australians. And if that can be hung around the
- 20:14Speaker 12: neck of the coalition, and that's a problem. And if
- 20:16Speaker 12: you keep saying to people as they have been messaging,
- 20:19Speaker 12: which is that we'll deal better with Donald Trump than
- 20:22Speaker 12: the Labor Party with we're getting to a point where
- 20:24Speaker 12: that sounds a bit like the guy in the bar
- 20:25Speaker 12: who says that that bloke with a broken bottle is
- 20:27Speaker 12: my best mate. You've got to be very careful about
- 20:30Speaker 12: the way that you attach yourself to Donald Trump. And
- 20:32Speaker 12: going to the share market. What does the share market matter,
- 20:35Speaker 12: not just in Australia but overseas to most Australians the
- 20:38Speaker 12: superannuation and that will be a very big deal as
- 20:42Speaker 12: this continues to roll on. If the markets continue to
- 20:44Speaker 12: tumble and people who have money tied up through this
- 20:47Speaker 12: superannuation will begin to wonder about their future, and that
- 20:51Speaker 12: then brings in the older spectrum of voters for the
- 20:53Speaker 12: Coalition where they usually have their larger base of people.
- 20:56Speaker 12: If they're getting unsettled, then that's not good for the Coalition.
- 21:00Speaker 12: And the other thing in this campaign is Easter comes in.
- 21:02Speaker 1: The middle of it.
- 21:03Speaker 12: We'll be voting in a fortnight. There's very little time
- 21:06Speaker 12: left Peter for the Coalition to make a big splash
- 21:09Speaker 12: and capture people's imaginations. So if they're hiding something up
- 21:11Speaker 12: their sleeve, they better bring it out soon.
- 21:15Speaker 2: Get it out, get it out, Get it out, Hey, Dennis,
- 21:17Speaker 2: when you're watching Tomorrow the Sky and News debate, because
- 21:19Speaker 2: these are questions from ordinary people and the two men
- 21:22Speaker 2: very close together on the same shared stage, I think
- 21:27Speaker 2: this is such an interesting election debate because you really
- 21:31Speaker 2: see how they relate to ordinary people.
- 21:34Speaker 3: What are you going to be looking for tomorrow night, Oh.
- 21:37Speaker 5: Well, I think obviously.
- 21:39Speaker 13: Again, the campaign is going to decide the election and
- 21:44Speaker 13: the points like this debate are really pivotal for both sides.
- 21:48Speaker 13: What we have to see from both leaders is, first
- 21:51Speaker 13: of all, no mistakes. Anyone who makes a mistake is
- 21:55Speaker 13: going to be in deep trouble. Peter Dutton, who's had
- 21:58Speaker 13: a slow start, can't forward any mistakes at all, and
- 22:02Speaker 13: what we have to see from the Prime Minister is
- 22:05Speaker 13: his ability to actually get across detail. What we have
- 22:10Speaker 13: seen in the last couple of days, particularly with the
- 22:12Speaker 13: Port of Darwin, where he has got the Labor Party
- 22:15Speaker 13: into trouble. He's made a mistake about what the policy was,
- 22:20Speaker 13: he's overstated it and now he's constantly trying to walk
- 22:24Speaker 13: back and he gave Peter Dutton a little window there
- 22:29Speaker 13: after Peter Dutton had that slow start. So I think
- 22:34Speaker 13: what we'll be looking for is for Anthony Alberanezi to
- 22:38Speaker 13: demonstrate and remember he wasn't good on detail in the
- 22:42Speaker 13: first election campaign, although he won, but there will be
- 22:47Speaker 13: a real pressure on him to get the details right.
- 22:51Speaker 13: For Peter Dutton, it'll be the challenge to actually try
- 22:55Speaker 13: and lift the spirit and lift the rhetoric and concentrate
- 23:00Speaker 13: on the economy and cost of living. This is where
- 23:05Speaker 13: we're going to move in the debate to the economy.
- 23:09Speaker 9: We've had all these disruptions, we'll have more.
- 23:12Speaker 13: But what we have to see a Prime minister across
- 23:16Speaker 13: the detail and a leader of the opposition who's able
- 23:19Speaker 13: to lift the spirits of each side.
- 23:23Speaker 3: And message discipline.
- 23:24Speaker 2: I'd have to say to Peter Dutton, all right, I'll
- 23:26Speaker 2: leave it there, Jens, thank you very much, see you
- 23:28Speaker 2: next week.
- 23:28Speaker 3: All right.
- 23:29Speaker 2: As I mentioned too, the markets today intermol the ASX
- 23:32Speaker 2: plunging over six points this morning, one hundred billion dollars
- 23:35Speaker 2: wiped off in a reaction to those tariffs announced last week,
- 23:39Speaker 2: of course by the US President. Joining me now, economic
- 23:42Speaker 2: advisor for Judo Bank, Warren Hogan to break it all down.
- 23:47Speaker 2: The worst day we're told on our markets, Warren, since
- 23:49Speaker 2: the height of COVID back in mid twenty twenty. As
- 23:53Speaker 2: I said, things stabilized by day's end, but give us
- 23:56Speaker 2: your read of a pretty turbulent market.
- 24:01Speaker 5: It was all panic this morning.
- 24:03Speaker 14: When the overnight markets for the US and Europeans opened
- 24:07Speaker 14: early our time, we saw a big collapse. US equities
- 24:11Speaker 14: prices down five percent and that hit US at our open.
- 24:15Speaker 14: But yes, they have stabilized. Although'll note that just as
- 24:18Speaker 14: Europe's starting to wind up now we're seeing some further weakness.
- 24:21Speaker 14: But it'll all be whether or not we see some
- 24:23Speaker 14: follow through selling in the US tonight. This is not
- 24:27Speaker 14: over by a long shot. We're seeing all markets moving
- 24:30Speaker 14: quite a lot, and including a big collapse in the
- 24:33Speaker 14: oil price, which is good news, but that's about the
- 24:35Speaker 14: only silver lining at this stage.
- 24:39Speaker 2: Was it all about Trump or was there something broader
- 24:44Speaker 2: air in terms of the Asian markets?
- 24:47Speaker 14: Yeah, well, the end game on Trump's strategy, of course,
- 24:50Speaker 14: is going to have profound ramifications for the Asian economic model.
- 24:54Speaker 14: I mean, it's been based on building out exports through
- 24:58Speaker 14: manufacturing and Trump's trying to rever that. But look, I
- 25:02Speaker 14: am worried that the kind of volatility we saw on
- 25:05Speaker 14: Friday night and this morning is revealing some other financial
- 25:10Speaker 14: vulnerability in the broader system in the US, Europe, Australia
- 25:15Speaker 14: that isn't actually related to tariffs that's obviously been triggered
- 25:19Speaker 14: here would be more problematic given the economy is likely
- 25:24Speaker 14: to slow in response to tariffs. That's what I'm watching for.
- 25:27Speaker 14: That's where this goes from bad to worse. Fingers crossed.
- 25:30Speaker 14: It doesn't. But if it's just about tariffs, then I
- 25:34Speaker 14: think we've sort of seen the worst of the reaction
- 25:36Speaker 14: and we should start to see markets stabilize, although there
- 25:39Speaker 14: are particular problems out there for certain companies.
- 25:44Speaker 2: Yeah, look, I'm happy, I'm not going across the Pacific
- 25:46Speaker 2: anytime soon. With the Aussie now below sixty US cents,
- 25:50Speaker 2: that's low. Do we expect it to stay low?
- 25:54Speaker 5: Yeah?
- 25:55Speaker 14: Well, look, if the tariffs play out and we see
- 25:58Speaker 14: Asia's economies hit that, it's going to be our big
- 26:01Speaker 14: export markets. That's going to be what economists call an
- 26:05Speaker 14: income shock for us. We're going to see less exports
- 26:07Speaker 14: and lower value of our exports for iron, ore cole
- 26:11Speaker 14: L and G. And of course the first and most
- 26:14Speaker 14: important shock absorber for the economy or move is going
- 26:17Speaker 14: to be the Aussie dollar. And we've seen that it's
- 26:19Speaker 14: only down five percent in the past week. Equity markets
- 26:23Speaker 14: to fall and ten to fifteen percent, but we should
- 26:26Speaker 14: expect that to continue. I wouldn't be surprised to see
- 26:28Speaker 14: that continue right through the next few months.
- 26:31Speaker 5: And we could go and test the lows of.
- 26:33Speaker 14: Late around the turn of the century around forty nine
- 26:38Speaker 14: cents to the US dollar. Look, that remains to be seen,
- 26:41Speaker 14: but yes, the Aussie dollar is going to remain under
- 26:43Speaker 14: pressure in this sort of environment.
- 26:47Speaker 2: Today, after the turbulent morning, the Treasure was out and
- 26:50Speaker 2: about and he was talking out the likelihood. Well, he
- 26:53Speaker 2: said Sessions on the table He was also talking out
- 26:56Speaker 2: the likelihood now that the RBA will be forced into
- 26:59Speaker 2: aund of tax sorry, of tax.
- 27:03Speaker 3: Cuts, of official rate cuts.
- 27:04Speaker 2: Heysaying not me, not me, the market saying there could
- 27:07Speaker 2: be up to four.
- 27:09Speaker 3: How plausible is that?
- 27:12Speaker 14: Yeah, Well, the markets are panicking and their response is
- 27:15Speaker 14: pretty severe and pricing in not only a full rate
- 27:19Speaker 14: cut in May, but a chance of a fifty point
- 27:21Speaker 14: cut and then follow up cuts at every meeting. We're
- 27:24Speaker 14: talking about four or five rate cuts taking the cash
- 27:26Speaker 14: right down to about three percent. Look, that could easily
- 27:29Speaker 14: play out if the worst happens, if it's not a
- 27:32Speaker 14: broader financial problem, if it's really just this tariff issue,
- 27:37Speaker 14: I think the RBA.
- 27:38Speaker 5: Would be thinking about that.
- 27:39Speaker 14: They've got two or three rate cuts up their sleeve
- 27:42Speaker 14: that would take the rate down to three and a half,
- 27:45Speaker 14: which they thinks about neutral. But beyond that would have
- 27:48Speaker 14: to be in real trouble. And as I said before,
- 27:50Speaker 14: it's the currency that is really going to do the
- 27:52Speaker 14: heavy lifting protecting our economy.
- 27:56Speaker 2: There's no surprises that the treasure was talking up rate
- 27:59Speaker 2: cuts the middle of an election campaign. I'll leave there,
- 28:02Speaker 2: Warren Hogan, thank you. After break Cause, Samaris Labor pollster.
- 28:06Speaker 2: He's going to give a solid state of play, the
- 28:08Speaker 2: mood of the electorate in a moment, plus the Muslim vote,
- 28:10Speaker 2: Greens Party or they've teamed up to push their grievance politics.
- 28:14Speaker 2: We'll get back to that and talk about the impact
- 28:16Speaker 2: it might have on voters. Welcome back to Phil to
- 28:24Speaker 2: come the key detail the PM admitted from his Big
- 28:27Speaker 2: Battery announcement over the weekend. The first latest red Bridge
- 28:31Speaker 2: poll released over the weekend show Labor has a fifty
- 28:34Speaker 2: two forty eight two pp lead over the coalition. However,
- 28:39Speaker 2: on primary vote terms, a Coalition still ahead at thirty six,
- 28:43Speaker 2: Labor there at thirty three. Let's get into this and
- 28:47Speaker 2: more with the red Bridge director CAUs Samarus Cause welcome.
- 28:51Speaker 2: You're in a par there with News poll. We just
- 28:53Speaker 2: discussed News poll. I'm keen on a few things here.
- 28:57Speaker 2: What's driving this boost for Labor? I mean, is it
- 29:00Speaker 2: coming from their base? Is their base coming home or
- 29:03Speaker 2: are they picking up the undersided here do you think?
- 29:06Speaker 15: No, Definitely it's coming from their base which they lost
- 29:09Speaker 15: over the last eight months. So it's largely women in
- 29:12Speaker 15: the out of sidebs and regions, no question, and that's
- 29:17Speaker 15: a deliberate strategy there is that.
- 29:18Speaker 9: They've been implementing over the last four weeks.
- 29:22Speaker 2: So what's been that thing though that's turned those women
- 29:26Speaker 2: back to Labor.
- 29:28Speaker 9: It wasn't hard to win them back.
- 29:30Speaker 15: All that camp had to do was basically start rolling
- 29:33Speaker 15: out a number of policies Medicare and the childcare announcement,
- 29:37Speaker 15: and there was a big package around women's health. But
- 29:40Speaker 15: they've been actually through the social channels ruthlessly targeting these women.
- 29:48Speaker 15: So you know, through advertising influences, they've been really focused
- 29:55Speaker 15: on this group and it's not hard for them to
- 29:58Speaker 15: bring it back flip side, I think, you know, the
- 30:02Speaker 15: Dunton camp made a very huge strategic eraror with regards
- 30:05Speaker 15: to work work from home.
- 30:06Speaker 9: A lot of the.
- 30:07Speaker 15: Women that we've been speaking to say that they thought
- 30:10Speaker 15: it was extending to them, you know, even though they
- 30:12Speaker 15: were working in.
- 30:13Speaker 9: The private sector. So it just helped Labour's campaign.
- 30:18Speaker 2: Yeah, because on those things you talked about, their women's
- 30:22Speaker 2: policies healthcare predominantly Medicare, et cetera. All of those have
- 30:26Speaker 2: been matched by the Coalition, So something had to shift
- 30:29Speaker 2: them back to Labor. Given there an even sort of
- 30:31Speaker 2: Stevens race and clearly as work from home. I think
- 30:35Speaker 2: Labour's scare campaign that there were scarrecame very scare campaign
- 30:39Speaker 2: very well. That made them think even if they weren't
- 30:42Speaker 2: a public service player, that you know, their flexibility.
- 30:46Speaker 3: Was up for grabs.
- 30:48Speaker 2: What else is an issue out there for the Coalition?
- 30:50Speaker 2: What would you be saying to them this week that
- 30:52Speaker 2: they really need to turn the corner on.
- 30:54Speaker 15: They've obviously got a problem. I mean they're losing votes
- 30:57Speaker 15: not to Labor, they're losing votes to their right flank.
- 31:00Speaker 15: And the thing about polling in this country of the
- 31:03Speaker 15: last I would say two years, is that it's probably
- 31:06Speaker 15: not honest with you know, you folk and probably the
- 31:08Speaker 15: public in terms of what has actually really happened. So
- 31:12Speaker 15: late twenty twenty two Palmer de registers UAP. It wasn't
- 31:17Speaker 15: really about three or four months after that we as
- 31:20Speaker 15: pulses start taking up out of the questions and really
- 31:23Speaker 15: we didn't see the manifestation of that and probably until
- 31:26Speaker 15: about I reckon mid twenty twenty three. What happened about
- 31:29Speaker 15: that time colis she vote starts going right, so three
- 31:34Speaker 15: percent of that has gone back to the Coalition during
- 31:37Speaker 15: that during that period, you know, Hence the Coalition has
- 31:40Speaker 15: been sitting on thirty nine forty for some time.
- 31:43Speaker 9: Palmer starts his campaign at the beginning of March.
- 31:46Speaker 15: What happens, coalition loses about three three points and so
- 31:50Speaker 15: that's what we're seeing here. Palmer's basically inflicting damage on
- 31:53Speaker 15: the Coalition and we know that all those votes come back.
- 31:58Speaker 15: So again we're back to twenty twenty two where Palmer
- 32:00Speaker 15: probably did more damage the Coalition than he did to Labor.
- 32:05Speaker 2: And the problem with Palmer, you know, first manifestation he
- 32:08Speaker 2: had people in the Parliament, but everyone had a good
- 32:10Speaker 2: look at him. Then he never turned up himself, very
- 32:12Speaker 2: rarely turned up. Most of his people quit the party,
- 32:15Speaker 2: Jackie Lamby and others. They're all Palma types, and so
- 32:19Speaker 2: you know, in terms of a political force, he's a
- 32:23Speaker 2: busted flush. But he does cleave off the vote. You're
- 32:27Speaker 2: right to point out as soon as he starts advertising
- 32:29Speaker 2: and spending his millions, part of the coalition vote walks
- 32:33Speaker 2: off to the right and they don't return back in
- 32:36Speaker 2: a disciplined way in terms of preferences.
- 32:38Speaker 3: So how do you take him on?
- 32:40Speaker 9: Then?
- 32:40Speaker 3: What do you do?
- 32:41Speaker 15: Yeah, I think the Coalition needs to be as strategic
- 32:44Speaker 15: and as focused on getting these voters back as Labor
- 32:49Speaker 15: was with their votes they lost to minor parties, and
- 32:52Speaker 15: this is the new paradigm win. It's really, really, really
- 32:54Speaker 15: about those younger voters. If you're a younger voter and
- 32:58Speaker 15: you've been voting for the MP, likely to if you
- 33:01Speaker 15: if you if you're upset about the state of play,
- 33:04Speaker 15: you're more likely to just go and vote for a
- 33:05Speaker 15: minor party.
- 33:06Speaker 9: You're never going to go over to the Labor party.
- 33:08Speaker 15: And the same applies with if you're voting Labor and
- 33:11Speaker 15: you go to you you're upset with Labor, You're going
- 33:13Speaker 15: to go to a minor party.
- 33:14Speaker 9: You're not going to go over the MP. We've seen
- 33:16Speaker 9: that across the country.
- 33:18Speaker 15: And so I think their strategy needs to be over
- 33:21Speaker 15: the next couple of weeks really focus on that group.
- 33:24Speaker 15: I think their announcement yesterday with regards to the caps
- 33:28Speaker 15: on international students is a good step forward. I mean
- 33:32Speaker 15: that that will seeing really well with this group, but
- 33:36Speaker 15: they need to do more.
- 33:37Speaker 2: Obviously I would ask you about something else, but just
- 33:41Speaker 2: quickly the U A P voting seeing it pop up
- 33:43Speaker 2: in particular states more than others.
- 33:46Speaker 15: Yeah, it's definitely very big in Victoria, and Victoria's gonna
- 33:50Speaker 15: be interesting, uh state to watch an election night.
- 33:55Speaker 9: It's going to be bad for labor.
- 33:58Speaker 15: But the question is will they votes the labor loses
- 34:01Speaker 15: coalesce around the coalition, will those spray? We're just gonna
- 34:04Speaker 15: have to wait and see. We're singing in parts of
- 34:07Speaker 15: Western City as well.
- 34:10Speaker 2: Okay, okay, well just on Western City. Talk to me
- 34:12Speaker 2: about the Muslim vote group. They joined forces with the
- 34:15Speaker 2: Greens at a rally in Western City on Sunday. Two
- 34:19Speaker 2: three hundred people are at the rally. How potent is
- 34:23Speaker 2: this mob going to be in terms of driving votes?
- 34:26Speaker 2: Not just noise but driving votes.
- 34:29Speaker 15: Yeah, So we're looking at the federal seat of Watson,
- 34:33Speaker 15: you know, and Black Slen for example, Jason Clan and
- 34:36Speaker 15: Tony Burk's electorates in particular, will they have an impact
- 34:41Speaker 15: Based on the data we're seeing, we're looking.
- 34:43Speaker 9: At about five percent six percent.
- 34:46Speaker 15: You know, we have seen we have done some polling
- 34:48Speaker 15: where we've got we've dug pretty deep to see just
- 34:50Speaker 15: how big this movement is.
- 34:52Speaker 9: It's still in the single digits, so it's very noisy.
- 34:57Speaker 15: But what we are learning about Australians are than those
- 35:00Speaker 15: from the Muslim community is they're quite diverse and they're
- 35:03Speaker 15: not homogeneous. And so you know, it's no shock to
- 35:07Speaker 15: us that we're only seeing a small number gravitate around
- 35:11Speaker 15: this particular movement and a lot of other Muslim Austrains
- 35:14Speaker 15: is just going to go and vote for someone else.
- 35:16Speaker 15: In fact, we've seen some Muslim strains you're going to
- 35:18Speaker 15: vote for quite barma.
- 35:19Speaker 9: So there you go.
- 35:22Speaker 3: We do not want to import this.
- 35:26Speaker 2: I have to say this sectarian cancer out of the
- 35:28Speaker 2: UK and bring it to Australia. So that's that gives
- 35:31Speaker 2: them a bit of hope there. Cause thanks for your time.
- 35:33Speaker 2: We'll see you next week. Have a good campaign. Second
- 35:35Speaker 2: week in good as faith. All right, labors at latest
- 35:38Speaker 2: climate folly.
- 35:39Speaker 3: We'll get to that after the break.
- 35:40Speaker 2: Depeending won't tell you how much it's going to cost,
- 35:42Speaker 2: but I will tell you how much it's going to cost.
- 35:44Speaker 2: And it works for the rich, not the poor. Plus
- 35:48Speaker 2: that student intake because just mentioned then we'll get into that.
- 35:50Speaker 2: In the coalition's issues with immigration, have a crisp oh
- 36:00Speaker 2: and do as I say, not as I do. This
- 36:02Speaker 2: is all about its flight. Itinery out today two hundred
- 36:05Speaker 2: and what sixty thousand dollars. We'll get into that at
- 36:08Speaker 2: a moment on the weekend though, Labour and out and
- 36:10Speaker 2: seeing two point three billion dollars to subsidize batteries in
- 36:14Speaker 2: the home. They say it's to bring down the cost
- 36:16Speaker 2: of installing domestic solar systems about four thousand dollars. But householders,
- 36:22Speaker 2: that's you. We'll still have to find some nine thousand
- 36:25Speaker 2: dollars in order to pay for these systems. They don't
- 36:29Speaker 2: have as much return as they used to since feed
- 36:31Speaker 2: in tarrace were cut because of solar glut during the
- 36:34Speaker 2: middle of the day. That means that Labour's subsidy only
- 36:36Speaker 2: really works for someone rich enough to have ten thousand
- 36:39Speaker 2: dollars of their own money to spend.
- 36:41Speaker 3: On a battery.
- 36:42Speaker 2: What does it do to help someone at home who's
- 36:44Speaker 2: a pension, pensioner or on a low income. That's the problem.
- 36:49Speaker 2: The power bills are going up. Ten thousand dollars on
- 36:52Speaker 2: a batteries is not plausible, is it, gentlemen?
- 36:54Speaker 3: How to break it all down?
- 36:55Speaker 2: Director of Energy Research at the Center of Independent Studies,
- 36:58Speaker 2: Aid Morrison, Aid and Well. The PM says that this
- 37:02Speaker 2: is a great announcement for power bills. It's great for
- 37:04Speaker 2: the environment. But anyway I look at this, I think
- 37:07Speaker 2: it's pretty elitist.
- 37:08Speaker 3: It's a policy for the rich.
- 37:10Speaker 2: I mean, I can't name any pension or anyone on
- 37:12Speaker 2: a fixed income that can find ten thousand dollars just
- 37:16Speaker 2: to put a battery system in, and obviously on top
- 37:19Speaker 2: of that's for subsidy.
- 37:21Speaker 16: That's exactly right. I can't see how it works as
- 37:23Speaker 16: a genuine cost of living measure any which way you
- 37:26Speaker 16: look at it, Because if you've got ten thousand dollars
- 37:29Speaker 16: sitting around ready to invest and you might recoup that
- 37:32Speaker 16: back over about ten years, you're not genuinely a battler
- 37:35Speaker 16: who's struggling with the cost of living crisis. So that
- 37:37Speaker 16: rules out anyone who's really struggling with for even participating
- 37:40Speaker 16: in this measure. But the other thing, a huge problem
- 37:42Speaker 16: is that this actually will likely push prices up for
- 37:45Speaker 16: the rest of everyone else who's stuck paying the normal electricity,
- 37:48Speaker 16: because they all be stuck lumped with the cost of
- 37:50Speaker 16: paying for the poles and wires. Because you can't take
- 37:54Speaker 16: just every second pole or every second length of wire
- 37:56Speaker 16: out of the street.
- 37:57Speaker 9: Someone has to.
- 37:58Speaker 16: Pay for all of the things that keep everyone connected,
- 38:00Speaker 16: and that means the power bills for everyone else will
- 38:02Speaker 16: probably go up slightly because of this new measure.
- 38:08Speaker 2: And talk to me about the battery life as well.
- 38:11Speaker 2: I mean, give me a sense of you know, you
- 38:13Speaker 2: pay your ten thousand dollars, you get your four thousand
- 38:15Speaker 2: dollars taxpayer subsidy, which is just our money back in
- 38:17Speaker 2: our pocket. So fifteen K on a battery, how long
- 38:21Speaker 2: is it going to last?
- 38:22Speaker 9: Me?
- 38:23Speaker 16: Yeah, So the very best and latest greatest batteries will
- 38:26Speaker 16: come with something like a ten year warranty, and at
- 38:30Speaker 16: that time you'd be lucky to get a few more
- 38:31Speaker 16: years out of them, perhaps, But between ten and fifteen
- 38:33Speaker 16: years that battery is definitely done and dusted. Solar panels
- 38:36Speaker 16: do last quite a bit longer actually, So the expensive
- 38:39Speaker 16: bit of the system if you've got a solar system
- 38:41Speaker 16: as well, is the battery, and that's also the shortest
- 38:44Speaker 16: living And there's really no documentary evidence anywhere that suggests
- 38:48Speaker 16: this is net economically better for the whole system.
- 38:52Speaker 9: We could have more cost.
- 38:53Speaker 16: Effective batteries at a grid scale than the home scale batteries.
- 38:56Speaker 16: The CSI I reckons they cost roughly something close to
- 38:59Speaker 16: twice as much than the grid scale equivalent amount of storage.
- 39:02Speaker 16: So this does not help the overall system at all.
- 39:04Speaker 16: Every ten you's got to replace them. You might have
- 39:06Speaker 16: made your money back around about them, but not much more.
- 39:12Speaker 2: And of course there's been such a big change in
- 39:14Speaker 2: the feeding tariffs as well, which makes I guess solar
- 39:18Speaker 2: economical but nowhere near what it used to be.
- 39:24Speaker 16: Yeah, there's been a change in the feed in tariffs,
- 39:25Speaker 16: but that's honestly, that's so we're steadily being mugged by
- 39:28Speaker 16: reality because the feed in tariffs were always extra extra generous.
- 39:32Speaker 16: There was no way that the power that actually your
- 39:34Speaker 16: solar panels generate is really worth more than the gas
- 39:38Speaker 16: or coal fuel they displace, because the rest of the
- 39:41Speaker 16: system has to be sitting there waiting around on standby.
- 39:44Speaker 16: That's the reality of these big power systems is that
- 39:46Speaker 16: it's not just the cost of running them, it's the
- 39:49Speaker 16: cost of having the systems installed ready there. And so
- 39:52Speaker 16: we've been over compensating homeowners solar homeowners for the solar
- 39:56Speaker 16: they produce very consistently for a long time. And that's
- 40:00Speaker 16: that's why people feel like solo saves the money. We've
- 40:02Speaker 16: created that by basically paying them too much for the
- 40:04Speaker 16: solar power they feed into the grid. And that's why
- 40:07Speaker 16: solar panels have been very popular and taken up very quickly.
- 40:09Speaker 16: But trying to do the same thing with batteries is
- 40:11Speaker 16: really a fool's errand because they cost so so much more,
- 40:14Speaker 16: they don't last as long, and so it'll be very
- 40:17Speaker 16: hard to get a payback even with this subsidy for
- 40:19Speaker 16: most people that are considering investing in batteries and so
- 40:22Speaker 16: netnet it might help a little bit those who can
- 40:25Speaker 16: afford to buy them, but it definitely does not help
- 40:27Speaker 16: the grid and all the other people that can't afford
- 40:29Speaker 16: to buy them.
- 40:32Speaker 2: Just talk to me about community batteries too. Because Chris
- 40:35Speaker 2: Bowen promised some four hundred of them at the last election,
- 40:39Speaker 2: I think it best count now we've got twenty one
- 40:41Speaker 2: of them. Only he had two hundred billion dollars for
- 40:45Speaker 2: this program, extrawdinary amount of money.
- 40:48Speaker 3: Where is this up to?
- 40:51Speaker 16: Yeah, I don't think it's going very far. Community batteries
- 40:54Speaker 16: might be the one exception. I think that I said
- 40:57Speaker 16: that home batteries are more expensi than the grid scale
- 40:59Speaker 16: community batteries. On the trials we've had so far could
- 41:02Speaker 16: be worse again for some reason. I suppose they're just
- 41:04Speaker 16: figuring out how to do it. But this is an
- 41:06Speaker 16: example of a scattergun approach, where we hope and pray
- 41:09Speaker 16: that every other different iteration of an idea might work
- 41:12Speaker 16: better than the last one. Overall, batteries are just too
- 41:15Speaker 16: expensive to provide the right kind of storage that's needed
- 41:18Speaker 16: to really remove any reliance on the grid scale operations,
- 41:23Speaker 16: So really that's just to try another system. Community batteries
- 41:26Speaker 16: are very expensive. I haven't seen it really stack up anywhere,
- 41:30Speaker 16: and unfortunately we're paving the way for all our utilities
- 41:33Speaker 16: to be able to capture them through the regulated part
- 41:35Speaker 16: of the asset base, so those costs might be again
- 41:38Speaker 16: passed back to consumers without there really being any clear
- 41:42Speaker 16: evidence that they're the most cost effective way of helping
- 41:44Speaker 16: to reduce or to reduce reliance on the colon gas
- 41:47Speaker 16: that ultimately underwrites their energy system. So I don't think
- 41:51Speaker 16: there's going to be a lot of progress, but persistently,
- 41:54Speaker 16: the current trend is to try everything and try something
- 41:56Speaker 16: else if what you tried last time doesn't work, and
- 41:58Speaker 16: community batteries, I think of that trend just see what
- 42:01Speaker 16: sticks when you throw it at the wall.
- 42:05Speaker 2: Heay, it is such a miss, Thank you Aiden. It
- 42:08Speaker 2: just depressed me all over again. All right after the rate,
- 42:11Speaker 2: we're going to get into immigration and the coalition, plus
- 42:13Speaker 2: that secret Teal meeting. It's a preference meeting between a
- 42:16Speaker 2: teal and one Nation?
- 42:17Speaker 3: What's that about?
- 42:18Speaker 2: And Chris Bowen gives Airbus albow a run for his money.
- 42:26Speaker 3: Welcome back. All over the weekend.
- 42:28Speaker 2: Peter Dutton pledged to bring down the foreign student numbers
- 42:31Speaker 2: numbers at are universities to around eighty by around eighty thousand.
- 42:35Speaker 2: He says this for free up housing, especially rentals, and
- 42:38Speaker 2: it's all part of his rejection of Labour's Big Australia plans.
- 42:41Speaker 2: Joining me in our one Nation Chief of Staff James
- 42:43Speaker 2: Ashby back with us every Monday night now that the
- 42:46Speaker 2: savings are finally over. Our good friend Radio four BC
- 42:49Speaker 2: Drive host Gary Hargrave gents, welcome weill Gary puts your
- 42:53Speaker 2: old hat on as and minister in the Howard government. Multiculturalism,
- 42:57Speaker 2: I mean, if you want to deal with Big Australia,
- 43:00Speaker 2: if you want to deal with the overall immigration caps,
- 43:02Speaker 2: you've got to deal with foreign students they are a
- 43:05Speaker 2: massive revenue driver for the universities. They don't care about
- 43:08Speaker 2: what's happening to the country. They just put the money
- 43:11Speaker 2: in the door. But I think this is a good move.
- 43:14Speaker 2: What do you think.
- 43:15Speaker 17: Look at it is, Peter, because you see, students have
- 43:17Speaker 17: to live somewhere. I've been out in Kibulture in the
- 43:20Speaker 17: middle of the Longman electorate all afternoon and people here
- 43:23Speaker 17: are really worried about things like cost of living, the
- 43:26Speaker 17: infrastructure that they needed to back where people want to live.
- 43:30Speaker 17: And so we've got all these pressures that.
- 43:32Speaker 6: Are in the economy right now. Yeah, the university sector.
- 43:34Speaker 17: But they got getting whatt six hundred million dollars out
- 43:37Speaker 17: of the USAID the other week we heard, so, I
- 43:40Speaker 17: mean there's a lot of money flowing through this and
- 43:42Speaker 17: the whole constructures in the university space ageared the wrong way.
- 43:46Speaker 17: It's all about paying vice chancellor's million dollar salaries and
- 43:49Speaker 17: the deputy vice chancellor's big salaries, and this whole thing
- 43:53Speaker 17: is really frankly, it's an immigration ponzi scheme. It's not
- 43:57Speaker 17: in Australia's interest to have two many people taking up accommodation.
- 44:02Speaker 17: Australian should have now I'm all for students, don't get
- 44:04Speaker 17: me wrong, because it actually builds an affiliation and a
- 44:07Speaker 17: love of this country for.
- 44:08Speaker 6: People from other countries. But we've got to have a rest,
- 44:11Speaker 6: we've got to have a break, we've got.
- 44:12Speaker 1: To stop this.
- 44:13Speaker 6: Peter Dutton's onto something.
- 44:18Speaker 3: Yeah, I might add too.
- 44:19Speaker 2: If you're an Australian English speaking UNI student and you're
- 44:22Speaker 2: dealing with a whole lot of foreign nationals and you're
- 44:24Speaker 2: in group projects where you've basically got to carry them
- 44:27Speaker 2: all the way through their degrees because they're paying big money,
- 44:30Speaker 2: they're sort of not allowed to fail, it also gets
- 44:32Speaker 2: you down. It's not the university experience one of us
- 44:34Speaker 2: had all those years ago. Hey, now this is your mob,
- 44:37Speaker 2: James ash for you to be the hot seed here.
- 44:40Speaker 2: A prominent teal candidate back by Climate two hundred has
- 44:43Speaker 2: been busted having a meeting with your mob. We're told
- 44:46Speaker 2: it's about brokening some sort of preference deal. It was
- 44:50Speaker 2: in the papers today. This isn't the seat of Fenders.
- 44:53Speaker 2: This is just outside Melbourne, down on the morning to Peninsula,
- 44:58Speaker 2: strange bedfellows.
- 44:59Speaker 3: What can you do, James.
- 45:00Speaker 11: Ashby, It is very strange, better and every single one
- 45:04Speaker 11: of our candidates understand that we are putting Labor, the
- 45:08Speaker 11: Teals and the Greens dead last.
- 45:10Speaker 1: It doesn't matter which seat it is, it doesn't.
- 45:12Speaker 11: Matter whether it's Flinders or any other. They're all going last,
- 45:15Speaker 11: and we've made that very clear to candidates. What we
- 45:17Speaker 11: have said to candidates, however, is we really would like
- 45:21Speaker 11: a clean contest at this election. I am sick to
- 45:24Speaker 11: death every election we always hear of punch ons or
- 45:27Speaker 11: people stealing core flutes, Monique. We don't want that, and
- 45:31Speaker 11: we've said that to every one of our candidates. We
- 45:33Speaker 11: would rather our candidates have a cordial relationship with people. Look,
- 45:37Speaker 11: I probably wouldn't have said suggested that they go and
- 45:39Speaker 11: have a meeting and a cup of coffee, but I
- 45:41Speaker 11: am happy for them to have a cordial relationship on
- 45:44Speaker 11: piling boots, because no one wants to see the arguments
- 45:49Speaker 11: when it comes to all these candidates.
- 45:53Speaker 1: You know, when you approach somebody.
- 45:55Speaker 11: The last thing you want a Heckler's and people on
- 45:57Speaker 11: the sideline having blues.
- 45:58Speaker 1: So I'd rather people get long.
- 46:00Speaker 11: It's been made very clear one nation of putting Labor,
- 46:04Speaker 11: the Teals and Green's lass on every one of our
- 46:07Speaker 11: how to vote cards.
- 46:09Speaker 3: This is why we love you on the show.
- 46:11Speaker 2: This is why you should be in the Parliament because
- 46:14Speaker 2: you get a question and you actually bloody answer it,
- 46:17Speaker 2: and not enough people do. James A should be thank
- 46:19Speaker 2: you for being so frank. Hey, let's go to the
- 46:21Speaker 2: University of Queensland. Up your way if I can. Gary
- 46:24Speaker 2: a lecture has been called berating first year law students
- 46:28Speaker 2: for protesting her inclusion of so called indigenous legal perspectives.
- 46:33Speaker 2: She went so far as to warn students that she
- 46:36Speaker 2: quote remembered their faces and that they should watch out
- 46:40Speaker 2: if they wanted to do well in their Lord of Greenow. Meanwhile,
- 46:43Speaker 2: down in Victoria, the Victorian Bar has also been accused
- 46:46Speaker 2: of a bit of a pylon, allegedly after a female
- 46:50Speaker 2: member of the bar criticized, as she should, the overuse
- 46:54Speaker 2: of acknowledgments of country. I mean, we've got to call
- 46:57Speaker 2: this stuff out.
- 46:58Speaker 17: Gary, we have to, and every day Australians want us
- 47:02Speaker 17: to Peter. The reality is this sort of belligerent activity,
- 47:07Speaker 17: this approach, the way in which Australians who want to
- 47:09Speaker 17: get on with each other are being dealt with this
- 47:12Speaker 17: way by academic elites.
- 47:14Speaker 6: It has got to stop. And every day Australian's cigarette.
- 47:17Speaker 17: The trouble is why the silence from the Australian government,
- 47:20Speaker 17: the alban Easy government, Why are they not actually understanding
- 47:23Speaker 17: what every day Australians want, you rightly said, and people
- 47:26Speaker 17: out here in Kabulche were telling me the same thing today.
- 47:29Speaker 17: You know, the whole elitist approach when it comes to
- 47:31Speaker 17: housing batteries. These are people who are not able to
- 47:34Speaker 17: afford nine to ten thousand dollars at will, and by
- 47:37Speaker 17: the way, it's probably a lot more than that.
- 47:39Speaker 6: And the same thing with these academics.
- 47:40Speaker 17: They're not representing what the great, great group of Australian
- 47:44Speaker 17: people believe, and that is we all want to get
- 47:46Speaker 17: on with each other, but we don't need to actually
- 47:49Speaker 17: be dealt with in this sort of abusive and belligerent
- 47:51Speaker 17: and threatening way. It has to stop, Peter, and I
- 47:54Speaker 17: think it will if people actually tell.
- 47:56Speaker 6: The government very loudly.
- 47:57Speaker 2: On May three, radio Airbus elbow Now, I got Bowen
- 48:04Speaker 2: Boeing or Boeing Bowen, and we've got the news out
- 48:07Speaker 2: today that his global emissions are adding up. He's jetted
- 48:11Speaker 2: to ten countries over fifty five days at a whopping cost.
- 48:15Speaker 2: Of two one hundred and sixty thousand dollars to Australian taxpayers.
- 48:20Speaker 3: James, I tell you what.
- 48:22Speaker 2: We've got pensions in this country who can't afford their
- 48:25Speaker 2: power bills that go to bed because they can't turn
- 48:27Speaker 2: the heater on, or can't afford to turn the heater on.
- 48:30Speaker 3: And this bloke spends up like that.
- 48:32Speaker 11: Well, yeah, can we just reiterate that less than two months,
- 48:36Speaker 11: this bloke spent two hundred and sixty thousand dollars on
- 48:39Speaker 11: his own flights. And then, as you know, Peter, there's
- 48:42Speaker 11: always chaperones that go with them, advisors and a string
- 48:45Speaker 11: of other half weeks that Peter Bowen's hide, Chris Bowen's hide.
- 48:48Speaker 11: So they've tramped around the country and the globe with him,
- 48:52Speaker 11: and they're all environmental meetings.
- 48:55Speaker 1: In other words, he's.
- 48:57Speaker 11: Gone over there to help sign us up to greater
- 48:59Speaker 11: costs to everyday household.
- 49:01Speaker 1: So look, no wonder we're sitting at a trillion dollars?
- 49:04Speaker 11: What happened to the days have been able to do
- 49:06Speaker 11: things via Skype in the two or three years we
- 49:08Speaker 11: had lockdowns during COVID. We should go back to those days.
- 49:11Speaker 11: We've got an almighty big debt, and here he is
- 49:13Speaker 11: racking up over a quarter of a million dollars in
- 49:16Speaker 11: fifty five days with the flight's outrageous spending.
- 49:19Speaker 2: Wow hey, twenty seconds, twenty seconds to the top of
- 49:23Speaker 2: the shirt, to the top of the hour. Here, Gary Hargroves,
- 49:25Speaker 2: what do you want to see from you mate, Peter
- 49:27Speaker 2: Dutton tomorrow night?
- 49:29Speaker 17: I'd like to hear, get out of net zero, get
- 49:31Speaker 17: rid of Paris, actually recommit to coal and get cheap
- 49:34Speaker 17: electricity back into the grid.
- 49:36Speaker 1: That's what we need.
- 49:37Speaker 6: We need clear, concise and real action. That's what we need.
- 49:41Speaker 6: That's the action we want right now.
- 49:44Speaker 3: There you go.
- 49:45Speaker 2: That's the plan, Peter Dutton. There from your mate, Gary Hargraves. Gents,
- 49:47Speaker 2: thank you, do not miss it.
- 49:49Speaker 3: Tomorrow night.
- 49:49Speaker 2: It will be ding ding ding in the ring. Are
- 49:51Speaker 2: we there in Sydney? Can't wait to bring it to you.
- 49:54Speaker 2: Seven point thirty Sky News People's Forum up next.
- 49:57Speaker 3: No Andrew Bolt