Latest / Sharri / Sharri | 26 March
Transcript
- 0:01Speaker 1: Live on Sky News.
- 0:04Speaker 2: This is Sharry, Thanks Andrew, and good evening everyone. In
- 0:09Speaker 2: breaking news tonight, the head of Iran's navy, responsible for
- 0:13Speaker 2: the closure of the Strait of Hormus has reportedly been killed.
- 0:18Speaker 2: This is major and should help to free up shipping.
- 0:21Speaker 2: Will bring you the latest in a moment. But this
- 0:24Speaker 2: comes as the fuel crisis impacts more than six hundred
- 0:27Speaker 2: service stations across the country. We're hearing tonight that already
- 0:31Speaker 2: some have started to ration fuel, setting a fifty liter limit.
- 0:35Speaker 2: I'll bring you those details shortly. Albanezey's answer another national
- 0:40Speaker 2: meeting in four days time. Nationals leader Matt Canavan would
- 0:44Speaker 2: join me in a moment. We'll also get the latest
- 0:47Speaker 2: on the war, as President Trump threatens to unleash Hell
- 0:51Speaker 2: if Iran turns down a deal, and intelligence agencies are
- 0:55Speaker 2: increasingly worried about Iran's sleeper SOELE network. A long time
- 0:59Speaker 2: is Israeli intelligence officer will be here live. We'll bring
- 1:04Speaker 2: you tonight an exclusive new report that shows how real
- 1:07Speaker 2: wages are now lower than thirty years ago. Plus how
- 1:11Speaker 2: Meghan Kelly's SOB story masks the campaign of hatred she's
- 1:16Speaker 2: encouraging against Jews. That's all coming up. But first tonight
- 1:21Speaker 2: more than six hundred service stations are suffering fuel shortages.
- 1:25Speaker 2: Here's how it's looking in your state. In New South
- 1:29Speaker 2: Wales three hundred and fourteen petro stations are out of
- 1:33Speaker 2: at least one type of fuel. In Victoria one hundred
- 1:36Speaker 2: and seventeen, Queensland eighty eight. South Australia nineteen and WA
- 1:41Speaker 2: has had a big increase from yesterday now up to
- 1:45Speaker 2: fifty four. The Prime Minister has called a national Cabinet
- 1:49Speaker 2: meeting on Monday to walk work out an Australia wide
- 1:53Speaker 2: plan to conserve fuel, but the former Prime Minister Tony
- 1:57Speaker 2: Abbott said this would simply be a photo opportunity. It's
- 2:01Speaker 2: not real action.
- 2:04Speaker 3: He thinks that having a meeting is somehow making a difference.
- 2:08Speaker 3: Well wrong, that's a photo op. Whenever there's a crisis,
- 2:11Speaker 3: whether it was the Bondai massacre, whether it's the current
- 2:15Speaker 3: Iran war, the Prime Minister goes missing and we need
- 2:20Speaker 3: a leader who takes charge, not someone who was paralyzed
- 2:24Speaker 3: by events.
- 2:25Speaker 2: He's completely right, and this is classic Albanezi. Pretend there's
- 2:30Speaker 2: no problem, bury your head in the sound and hope
- 2:32Speaker 2: it all goes away without having to take responsibility and
- 2:36Speaker 2: deal with it. This is what we've seen from the
- 2:39Speaker 2: Albanezi government for nearly four weeks now, denial, more denial,
- 2:46Speaker 2: gas lighting motorists and farmers.
- 2:49Speaker 4: Well.
- 2:49Speaker 2: Dennis Shanahan writes tonight in The Australian that at times
- 2:53Speaker 2: of a serious crisis, it does indeed require serious people
- 2:58Speaker 2: to act seriously, and he says Labor thought that an
- 3:02Speaker 2: ineffective coalition in Parliament meant Chris bowl And could get
- 3:06Speaker 2: away with his usual dodging of questions, his dismissive behavior
- 3:10Speaker 2: and arrogant advice to motorists of don't panic and that
- 3:14Speaker 2: it's un Australian to top up your tank, as well
- 3:18Speaker 2: as belittling coalition MPs. Obviously that's not working. Albanezy was
- 3:25Speaker 2: also shamed by this incredible Sydney mum anna who sounded
- 3:30Speaker 2: very distressed that she spoke about how difficult it is
- 3:33Speaker 2: to get fuel. Here's her call to Tugbi this morning.
- 3:37Speaker 5: I had to drive my kids to their sports carnival
- 3:41Speaker 5: today and I was just panicking driving past five different
- 3:45Speaker 5: field stations. There's no fuel, thinking well what do I
- 3:49Speaker 5: do I mean? If you know there's no fuel. What
- 3:51Speaker 5: if my kids get sick and I can't pick them
- 3:53Speaker 5: up and I've got no family help. I do everything
- 3:55Speaker 5: on my own.
- 3:56Speaker 2: And that was on Mark Levy's program.
- 4:00Speaker 4: Well.
- 4:00Speaker 2: Albanezi was asked about the plight of Anna and others
- 4:03Speaker 2: like her in Parliament today, but it continued to downplay
- 4:08Speaker 2: the seriousness of the crisis.
- 4:11Speaker 6: When will the Prime Minister finally take action to ensure
- 4:14Speaker 6: fuel gets to his own constituents.
- 4:18Speaker 7: The comments from Anna in Croydon Park, of course, are
- 4:23Speaker 7: real because people out there are facing a difficult circumstance.
- 4:29Speaker 7: The government acknowledges that we don't come in here and
- 4:32Speaker 7: say there's not a war. We don't come in here
- 4:35Speaker 7: and say there aren't issues of distribution. What we do
- 4:40Speaker 7: is come in here and put forward practical plans.
- 4:47Speaker 2: And our position. Leader Angus Taylor said the government's approach
- 4:50Speaker 2: wasn't good enough. He was demanding better solutions a minister.
- 4:55Speaker 8: Australians are hurting. Fuel prices are up by over fifty percent.
- 5:00Speaker 8: Service stations are running dry. Farmers can't farm, trackies can't track,
- 5:06Speaker 8: miners can't mine. The cost of food is set to rise.
- 5:10Speaker 8: Vital health services are at risk.
- 5:14Speaker 1: When is the.
- 5:14Speaker 8: Prime Minister finally going to show leadership and fix this
- 5:18Speaker 8: national crisis.
- 5:20Speaker 2: But Chris Bowen just had more excuses. At first he
- 5:24Speaker 2: was keen to deny there was an issue. Now he
- 5:27Speaker 2: deflects responsibility and this attitude has been incredibly frustrating for
- 5:31Speaker 2: Australians all week, drivers, businesses and farmers who want a
- 5:36Speaker 2: decisive plan of action, not just more denial and excuses.
- 5:41Speaker 2: And here was Chris Bowen today.
- 5:44Speaker 9: As the supply chain recovers, as I had too during COVID.
- 5:47Speaker 9: In so many instances, when you get a big increase
- 5:49Speaker 9: in the man it takes time for the supply chain
- 5:51Speaker 9: to recover to backfill the existing demand. If you take
- 5:55Speaker 9: Ampole and Viva together, they are supplying a lot more
- 6:00Speaker 9: petrol and diesel to regional Australia now than they.
- 6:03Speaker 4: Were a year ago.
- 6:04Speaker 9: Is to speaker a year ago. That is catching up
- 6:08Speaker 9: with that massive increase in demand that we saw in
- 6:11Speaker 9: the days following the twenty eighth of February.
- 6:15Speaker 2: Premier Chris Means today said that there are distribution problems
- 6:18Speaker 2: and that it was particularly difficult for independence stations in
- 6:22Speaker 2: regional areas to access fuel. He has a team of
- 6:26Speaker 2: public servants, ringing the state service stations one by one
- 6:30Speaker 2: to ask if they've got enough fuel or they're having
- 6:33Speaker 2: any supply issues. There's no other clear way to ensure
- 6:38Speaker 2: that the fuel is getting where it needs to go.
- 6:41Speaker 2: The government has also written to fuel companies to ask
- 6:44Speaker 2: them for their distributional lists to make sure they're not
- 6:47Speaker 2: holding supply for their big contracts and just letting the
- 6:51Speaker 2: regional stations run dry.
- 6:54Speaker 10: There's clearly distribution problems when it comes to we think
- 6:59Speaker 10: independent petrol stations accessing on site fuel. Now we know
- 7:04Speaker 10: that in their internal marketplace they can see that the
- 7:07Speaker 10: fuel is available, but it's not available to purchase.
- 7:10Speaker 1: We want to know why.
- 7:11Speaker 10: We're speaking with the oil companies to give us greater clarity.
- 7:15Speaker 2: And Victoria Premieresina Alan has also said that fuel rationing
- 7:19Speaker 2: should be led by the Alban Eazy government. A third
- 7:24Speaker 2: point I made before the National Cabinet meeting and continue
- 7:27Speaker 2: to make is that any any response to a shortening
- 7:32Speaker 2: of supply should be a nationally coordinated one and one
- 7:37Speaker 2: Nation's Barnaby Joyce has reinforced his and Paul Enhansen's push
- 7:42Speaker 2: for fuel rationing.
- 7:43Speaker 11: Therefore, you should be having rationing now, and you should
- 7:46Speaker 11: be brave enough to say to the Australian people, Look,
- 7:50Speaker 11: you're not going to like this, but you're going to
- 7:52Speaker 11: appreciate A plan is better than panic, and panic is
- 7:54Speaker 11: where we're going.
- 7:56Speaker 2: And already there are reports tonight in the Australian that
- 7:59Speaker 2: some service stations are just implementing fuel rationing themselves, though
- 8:04Speaker 2: Australian has one example of a service station in Northern
- 8:07Speaker 2: Sydney that is limiting fuel to fifty liters per customer.
- 8:12Speaker 2: That's what happens when there's no national approach, service stations
- 8:16Speaker 2: taken into their own hands. But here's an idea that
- 8:19Speaker 2: one of Australia's most successful businessmen has suggested to me.
- 8:24Speaker 2: It's to make public transport free for a period of time, trains, buses, trams.
- 8:32Speaker 2: This would mean there's no need to work from home
- 8:34Speaker 2: and it would encourage more people to use public transport
- 8:37Speaker 2: and to take the pressure off the fuel supplies. Sounds
- 8:41Speaker 2: like a pretty smart business solution to me. Now, President
- 8:49Speaker 2: Trump has threatened to unleash Hell if Iran doesn't agree
- 8:53Speaker 2: to conditions to end the war, and he's taken two
- 8:56Speaker 2: senior Iranians off the so called kill list to engage
- 9:01Speaker 2: in these talks. Those figures are the Foreign Minister Abbasaragachi
- 9:06Speaker 2: and the Parliamentary Speaker Mohammed bagger Gallabaf. Iran's official position, though,
- 9:12Speaker 2: is that the United States is negotiating with themselves. Now,
- 9:16Speaker 2: this is posturing. It's also Iran's war strategy to keep
- 9:21Speaker 2: the markets in turmoil and to squeeze the oil supply
- 9:25Speaker 2: and hope the pressure on the global economy builds to
- 9:28Speaker 2: boiling point. But there's an issue when the mainstream media
- 9:33Speaker 2: doesn't tend to believe what President Trump says and automatically
- 9:38Speaker 2: believes Iran Former Prime Minister Scott Morrison spoke to me
- 9:43Speaker 2: about this flawed situation with the media on the show
- 9:46Speaker 2: this week. Doesn't seem to you that much of the
- 9:49Speaker 2: media globally are almost barracking for the United States and
- 9:54Speaker 2: Israel to lose.
- 9:55Speaker 12: I often get that impression, sadly, Shari. I don't want
- 9:59Speaker 12: to believe it, but it keeps presenting itself. I mean,
- 10:02Speaker 12: such as some commentators disdained for the president, but to
- 10:07Speaker 12: barrack for the United States's enemies just to prove a
- 10:10Speaker 12: point just seems, you know, trumped arrangement. Syndrome gone to
- 10:13Speaker 12: a whole new level.
- 10:16Speaker 2: You wouldn't know it from reading the left media, but militarily,
- 10:20Speaker 2: Iran is losing badly. It's been pummeled. The US and
- 10:25Speaker 2: Israel have hit more than ten thousand Iranian military targets.
- 10:31Speaker 2: Ninety two percent of Iranian's largest naval vessels have been
- 10:34Speaker 2: taken out. It's drone in missile launch rates are down
- 10:38Speaker 2: by ninety percent, and Trump insists that Iranian officials are
- 10:43Speaker 2: negotiating to end the war. He says, they're desperate to
- 10:45Speaker 2: end it, but they're afraid to admit it publicly, and
- 10:49Speaker 2: they are.
- 10:50Speaker 4: Negotiating, by the way, and they want to make.
- 10:52Speaker 6: It deal so badly, but they're afraid to say it
- 10:54Speaker 6: because they figure they'll be.
- 10:56Speaker 4: Killed by their own people. They're also afraid they'll be
- 10:59Speaker 4: killed by Yes.
- 11:01Speaker 2: Now, Trump does want to end the war soon. This
- 11:04Speaker 2: isn't premature ending as a result of the Strait of Hormuz.
- 11:08Speaker 2: The President always said this would be a war that
- 11:11Speaker 2: lasts four to six weeks, and on Saturday, it'll be
- 11:16Speaker 2: four weeks since the war began. Here is pre Secretary
- 11:19Speaker 2: Caroline Levitt speaking about this timing today from.
- 11:24Speaker 13: The outset President Trump in the Department of War estimated
- 11:27Speaker 13: it would take approximately four to six weeks to achieve
- 11:30Speaker 13: this critical mission. Twenty five days in the greatest military
- 11:34Speaker 13: the world has ever known. Is a head of schedule
- 11:36Speaker 13: in performing exceptionally, and.
- 11:40Speaker 2: There are reports the Vice President J. D. Vance might
- 11:42Speaker 2: travel to Pakistan for peace talks later this week, maybe
- 11:46Speaker 2: on the weekend with Steve Whitkoff, but the US is
- 11:50Speaker 2: expecting the war to end at least before Trump visits
- 11:53Speaker 2: President she in China in May, and in the meantime,
- 11:57Speaker 2: the strikes against Iran conti. The US Central Command says
- 12:02Speaker 2: it's damaged or destroyed most of the Iranian facilities that
- 12:06Speaker 2: are used to build missiles, drones, and warships, and the
- 12:10Speaker 2: United States has begun to amass ground troops near Iran.
- 12:15Speaker 2: There are two two hundred Marines arriving Friday and a
- 12:19Speaker 2: combat brigade from the Army's eighty second Airborne Division parachuters two.
- 12:25Speaker 2: This would be a warning to Iran to encourage them
- 12:28Speaker 2: to agree to those fifteen conditions that Trump outlined, but
- 12:33Speaker 2: Trump would also be prepared to use these ground troops
- 12:37Speaker 2: if necessary.
- 12:39Speaker 4: Now.
- 12:39Speaker 2: If the war ends soon and the threat of attacks
- 12:42Speaker 2: on the straight of Horn moves evaporate. The fuel situation
- 12:45Speaker 2: will hopefully ride itself quickly. But right now there are
- 12:50Speaker 2: no guarantees exactly when the war will end. Now, I
- 12:58Speaker 2: really don't want to waste my time and energy on
- 13:01Speaker 2: Megan Kelly, but if she's going to attack us on
- 13:04Speaker 2: our own network moments after I'm on air, that I'm
- 13:08Speaker 2: forced into addressing it. Well, here's what she said to
- 13:12Speaker 2: her critics, which includes me, Andrew Bolt and others, last.
- 13:15Speaker 14: Night, we'll go for yourselves. No, the answer is no.
- 13:22Speaker 2: But last night Megan Kelly misconstrued the criticism against her.
- 13:27Speaker 2: She pretended it was because she's friends with Tucker Carlson,
- 13:31Speaker 2: and it's got nothing to do with Tucker Carlson and
- 13:34Speaker 2: everything to do with the campaign of hatred she's encouraging
- 13:38Speaker 2: against Jews. Megan Kelly has personally praised and advocated for
- 13:45Speaker 2: the two worst anti semites in modern America, Nick Fuentes
- 13:49Speaker 2: and Candors Olence. I've played this on air before, but
- 13:52Speaker 2: here's what she had to say about Nick Fuentes, who's
- 13:56Speaker 2: repeatedly praised Hitler, said he was awesome right and that
- 14:01Speaker 2: the Holocaust didn't happen.
- 14:04Speaker 14: So it was a worthwhile exercise because he's a very
- 14:06Speaker 14: interesting guy.
- 14:06Speaker 15: Let's face it, he's obviously got some very extreme views,
- 14:09Speaker 15: but he's very interesting and he's very smart and on
- 14:11Speaker 15: a lot of things. There is value to be derived
- 14:14Speaker 15: from that guy's messaging. I'm sorry, but he actually has
- 14:16Speaker 15: a lot of things he talks about that you're like, oh,
- 14:18Speaker 15: this is not.
- 14:19Speaker 14: A bad point about our country.
- 14:21Speaker 15: I excuse his thoughts on race and Jews and the
- 14:24Speaker 15: Holocaust now that obviously, so.
- 14:28Speaker 2: That's Megan Kelly praising and sanitizing a horrendous anti Semite.
- 14:34Speaker 2: She's doing the same thing with Candace Owens.
- 14:37Speaker 14: And then came Candice Owns and that she really drives
- 14:40Speaker 14: people crazy. She drives them crazy.
- 14:43Speaker 15: They were very angry that I didn't call her out
- 14:45Speaker 15: for what she said about Israel possibly being involved with
- 14:47Speaker 15: Charlie Kirk. And I've gotten to know her a lot
- 14:49Speaker 15: better over the past six months, and actually I know
- 14:52Speaker 15: her better now than ever, And I've learned a lot
- 14:53Speaker 15: about what's being done to Candace by some of the
- 14:57Speaker 15: people we've been discussing, and it's disgusting and I'm horrified
- 15:00Speaker 15: by what she's been put through.
- 15:03Speaker 2: Yeah, She's gotten to know her a lot better over
- 15:05Speaker 2: the past six months, developing a friendship with her. Well,
- 15:08Speaker 2: Megan is contributing to this horrible culture of this anti
- 15:12Speaker 2: Semitism we're seeing by running with the conspiracy theory that
- 15:16Speaker 2: questions should be asked about Israel's non existent role in
- 15:21Speaker 2: Charlie Kirk's death.
- 15:24Speaker 15: I'm the sick of as I am allowed to have
- 15:26Speaker 15: questions about what, if anyone aligned with Israel or from
- 15:30Speaker 15: Israel might have had to do with Charlie's death. I
- 15:33Speaker 15: think it was Tyler Robinson. I think he acted either
- 15:36Speaker 15: alone or with Trans Tifa. I have an open heart to.
- 15:41Speaker 14: He was manipulated by somebody. I do so I'm fine
- 15:44Speaker 14: with those questions.
- 15:46Speaker 2: No, we do know Israel had nothing to do with
- 15:48Speaker 2: Charlie Kirk, who had a very good relationship with Benjamin
- 15:51Speaker 2: nettin Yahoo and loved Israel. This is a sick conspiracy theory,
- 15:56Speaker 2: and she knows it. And it's understandable that many people,
- 16:00Speaker 2: well both Jews and non Jews, are upset with Megan
- 16:04Speaker 2: Kelly over all of this. Now, Meghan Kelly is adding
- 16:07Speaker 2: to the threats against the Jewish community. She's making life
- 16:11Speaker 2: more unsafe for Jews because she's blaming Jews for the
- 16:15Speaker 2: war against Iran.
- 16:18Speaker 15: Our government's job is not to look out for Iran
- 16:20Speaker 15: or for Israel. It's toll out for us. And this
- 16:23Speaker 15: feels very much to me like it is clearly Israel's war.
- 16:29Speaker 15: Mark Levin wanted it.
- 16:30Speaker 14: It's his war. Ben Shapiro, Lindsey Graham, Miria Maddelson. That's obvious.
- 16:36Speaker 14: They are the ones who've been pushing us into this.
- 16:39Speaker 2: She's running the old anti Semitic trope, the Jews control everything.
- 16:43Speaker 2: She's blaming high profile Jews for controlling President Trump, and
- 16:47Speaker 2: she knows it's not true. No one controls Trump, certainly
- 16:51Speaker 2: not some commentators like Ben Shapiro or Mark Levin. With
- 16:55Speaker 2: her relentless attacks against Ben Shapiro and Mark Levin, she's
- 17:00Speaker 2: turning the two highest profile Jewish commentators into America's public
- 17:06Speaker 2: enemy number one. She's got millions of followers. So how
- 17:10Speaker 2: do you think her comments would impact on the personal
- 17:13Speaker 2: security of Jews like Ben Shapiro and Mark Levin, Miriam
- 17:18Speaker 2: Edelson as well, and the broader Jewish community globally Because
- 17:22Speaker 2: her reach is everywhere there's free speech, and I support
- 17:26Speaker 2: free speech. On the Iran War. I do, but I
- 17:30Speaker 2: don't support Meghan Kelly launching campaigns against high profile Jews
- 17:35Speaker 2: and also praising anti Semites. These times are too dangerous
- 17:40Speaker 2: to sanitize and defend Candice Omens and Nick Fuentez. We're
- 17:44Speaker 2: already living in fear of another terror attack like Bondai.
- 17:48Speaker 2: Anti Semites on the far right and the far left
- 17:52Speaker 2: are to blame for encouraging this new climate of menacing
- 17:57Speaker 2: and murderous anti Semitism. Okay, let's return to the fuel crisis,
- 18:05Speaker 2: and I'm pleased to say National's leader Matt Canavan joins
- 18:08Speaker 2: me now as always on a Thursday. Matt, great to
- 18:10Speaker 2: see you. Barnaby Jos and Pauline Hansen are demanding fuel rationing.
- 18:17Speaker 2: Do you agree this is needed right now?
- 18:22Speaker 16: Well, Shari, the government says we have enough fuel in
- 18:24Speaker 16: this country. And while we have enough fuel in this country,
- 18:27Speaker 16: I don't think we need to resort to wartime rationing
- 18:31Speaker 16: just yet. What's important, of course, is that we do
- 18:34Speaker 16: plan for the worst, but to hope for the best always,
- 18:37Speaker 16: and this government, unfortunately, I think, has not been or
- 18:40Speaker 16: has not done that planning to date. It's taken weeks
- 18:44Speaker 16: for it to get the detailed information out there about
- 18:47Speaker 16: where petrol is unavailable, and that's obviously delayed its ability
- 18:51Speaker 16: to get supplies to where it's needed. I'm glad that
- 18:55Speaker 16: that is somewhat happening now, but it's very hard for
- 18:58Speaker 16: people out there right now, Petrol well over two dollars fifty,
- 19:03Speaker 16: diesel of three dollars. I just don't think the government's
- 19:06Speaker 16: taking seriously here the pain that's being inflicted on the
- 19:08Speaker 16: Australian people, and it continues to obsess over crazy things
- 19:12Speaker 16: like DNT zero by twenty fifty, which I think, while
- 19:15Speaker 16: ever the price of petrol is above two dollars fifty,
- 19:18Speaker 16: those sort of ideas should be suspended.
- 19:21Speaker 2: So just to clarify, do you think we should be
- 19:24Speaker 2: looking at fuel rationing. I mean there's already reports that
- 19:27Speaker 2: some service stations taking it upon themselves to do that there.
- 19:32Speaker 2: As I mentioned before, there's one in Northern Sydney that's
- 19:35Speaker 2: limiting supply to fifty leaders per customer.
- 19:40Speaker 16: Well, I think the government should do more here to
- 19:42Speaker 16: get the supply of fuel to those businesses. As I
- 19:45Speaker 16: said that, the government says there's enough fuel in the country,
- 19:49Speaker 16: we don't have any reason to believe anything different, and
- 19:54Speaker 16: if there is that fuel in the country that actually
- 19:55Speaker 16: say there's more. They've been saying this week there's more
- 19:58Speaker 16: fuel in the country than there was before the crisis. Well,
- 20:01Speaker 16: why can't we get the distribution of that fuel to
- 20:04Speaker 16: where it's needed. The government does have powers to do this,
- 20:08Speaker 16: but in my experience, governments typically don't need to use
- 20:12Speaker 16: all the powers they've got. They just simply need to
- 20:15Speaker 16: get across the issue, be where the gaps are, where
- 20:17Speaker 16: the gaps are, and make a few phone calls to
- 20:20Speaker 16: the private businesses to get off their backsides and get
- 20:24Speaker 16: the fuel flowing. Usually that's enough to get it done.
- 20:26Speaker 16: And gas Taylor did that during the ad Blue crisis.
- 20:29Speaker 16: I did that when I was Resources as Minister during
- 20:31Speaker 16: the twenty seventeen gas shortages, and we got those things
- 20:35Speaker 16: fixed pretty quickly.
- 20:37Speaker 2: So it does look like this situation will get worse
- 20:40Speaker 2: before it gets better, before the war ends. There's a
- 20:42Speaker 2: National Cabinet meeting that the Prime Minister has called for Monday.
- 20:46Speaker 2: What measures And you've spoken about distribution, but putting distribution aside.
- 20:50Speaker 2: If it does get worse, if supply does become a
- 20:53Speaker 2: serious issue, what measures do you think he should look at.
- 20:58Speaker 16: Well, look, I do think we have to look at
- 21:00Speaker 16: how much this is costing Australian So we've got a
- 21:05Speaker 16: situation going into this war where inflation is the highest
- 21:10Speaker 16: in the developed world in Australia. As a result of that,
- 21:13Speaker 16: our interest rates are also the highest in the developed world,
- 21:16Speaker 16: and that has meant that's meant that the budgets of
- 21:19Speaker 16: Australian families are already stretched and really can't copy any
- 21:24Speaker 16: more Austraian on them. And so having put us in
- 21:28Speaker 16: this vulnerable position entering into this crisis, I think the
- 21:31Speaker 16: government should be looking at ways to provide relief to
- 21:34Speaker 16: Australian So obviously there's a lot of tax that comes
- 21:37Speaker 16: from the petrol pump, both in XCIS and GST. There
- 21:41Speaker 16: are ways that government could look at this, so I'd
- 21:43Speaker 16: be imploring them to focus on that first. Obviously the
- 21:46Speaker 16: second step there is then keeping the supply of fuel
- 21:50Speaker 16: to the country, touching.
- 21:53Speaker 2: The excise but looking at not putting GSD on fuel.
- 21:59Speaker 1: No, I think I don't.
- 22:00Speaker 16: Look, there's lots of different ways to skin that cat Shari.
- 22:03Speaker 16: The key issue is to provide relief to the Australian people.
- 22:06Speaker 16: That's what the government should be looking at doing There
- 22:09Speaker 16: are some issues I think with looking at the GST,
- 22:11Speaker 16: but look, I want the goal here is to help
- 22:15Speaker 16: the austrail people. And the other point here to make
- 22:18Speaker 16: is that supply of those boats. It looks like we're
- 22:22Speaker 16: okay for the next few weeks. After that it's a
- 22:23Speaker 16: bit more difficult. The government should be looking to use
- 22:29Speaker 16: the exports we have of coal of gas to ensure
- 22:33Speaker 16: that the trade, the export of fuel in the other
- 22:37Speaker 16: direction is maintained because we're in the lucky position that
- 22:41Speaker 16: a lot of our gas and coal goes to the
- 22:44Speaker 16: same countries to supply us with liquid fuels. So we
- 22:48Speaker 16: should be embracing that anything but easy. Should be hugging
- 22:51Speaker 16: a lump of coal every night before I go to bed,
- 22:53Speaker 16: maybe a kissing a vial of gas. You probably want
- 22:55Speaker 16: to sniff any gas, but do something to genuflect a
- 22:58Speaker 16: gas as well, because it's those two products as fossile
- 23:00Speaker 16: fuels are going to say us through this, we're very
- 23:02Speaker 16: lucky to be a net energy exporter during an energy crisis.
- 23:06Speaker 16: We're just a bit deficient in liquid fuels, so that
- 23:08Speaker 16: gap needs to be replaced.
- 23:10Speaker 2: Yeah, just on the point about giving some relief to
- 23:14Speaker 2: drivers or farmers, families who are doing it tough. I
- 23:17Speaker 2: mean I initially supported the idea of taking off the
- 23:20Speaker 2: fuel that scise. It's what the Morrison government did during
- 23:23Speaker 2: the Ukraine War for a six month period. But I
- 23:25Speaker 2: had an expert on here last night who said that
- 23:27Speaker 2: will only increase Any form of relief will only increase
- 23:32Speaker 2: the problem because then you're making fuel more accessible, you're
- 23:35Speaker 2: increasing demand, whereas if the prices are higher, then that's
- 23:39Speaker 2: actually a deterrent. What do you think about that?
- 23:44Speaker 16: Well, what the reason the price of petrol goes very
- 23:48Speaker 16: high is it's quickly is because the demand is what
- 23:52Speaker 16: an economic jargon terms inelastic demand doesn't change that much
- 23:57Speaker 16: in regards to price. So look, depends obviously on on
- 24:01Speaker 16: how much relief you're providing, but you think they should
- 24:05Speaker 16: be it is unlikely to be a significant change. Well,
- 24:08Speaker 16: I think these things need to be explored because people
- 24:10Speaker 16: are doing.
- 24:10Speaker 1: It really tough.
- 24:10Speaker 16: I mean I've had constituents contact me saying they're spending
- 24:14Speaker 16: four or five hundred dollars a week on petrol right now.
- 24:18Speaker 16: You know, fair families with lots of kids, lots of
- 24:21Speaker 16: driving around town to sporting events, to school. It's getting
- 24:25Speaker 16: the approach. It's getting to the point where petrols almost
- 24:27Speaker 16: as much as your rent or your mortgage, and that's
- 24:29Speaker 16: just unsustainable for people, So that has to be looked at.
- 24:32Speaker 2: Yeah, just finally we're looking at a fertilizer crunch as well.
- 24:36Speaker 2: Planting season is approaching, farm groups are warning that we've
- 24:40Speaker 2: only got about six weeks of supply. Some vegetable growers
- 24:43Speaker 2: are down to three weeks or less. How serious is
- 24:47Speaker 2: this and are you then worried about the flow and
- 24:49Speaker 2: effect for produce.
- 24:52Speaker 16: I'm even more worried about fertilizer than fuel, because there
- 24:57Speaker 16: does seem to be real world shortages of this product
- 25:00Speaker 16: urging even more than that of petrol. To put that
- 25:02Speaker 16: in context, about twenty percent of the world's oil comes
- 25:05Speaker 16: from the Middle East, but a third of the world's urea,
- 25:08Speaker 16: or the most important fertilizer, comes from the Middle East.
- 25:11Speaker 16: And in Australia we get two thirds of our urea
- 25:14Speaker 16: from the Middle East. Before net zero, before we went
- 25:17Speaker 16: mad with green schemes, we used to make urea here
- 25:20Speaker 16: from natural gas. You need gas to make your ear,
- 25:22Speaker 16: you need gas to eat food effectively, because without these
- 25:26Speaker 16: nitrogen based fertilizers like urea, you can't grow the kind
- 25:30Speaker 16: of food we do here in Australia and therefore we
- 25:31Speaker 16: can't feed Australia. Now this is very serious because if
- 25:35Speaker 16: farmers missed planting windows, missed the opportunities to put fertilizer
- 25:39Speaker 16: on their crops and the months ahead, that's going to
- 25:41Speaker 16: mean an impact on our food supply for the next
- 25:43Speaker 16: six months at least possibly a year, depending on the
- 25:46Speaker 16: growing cycles of different crops, because they don't you know
- 25:49Speaker 16: that that's it, they're out, they're out. They won't they
- 25:50Speaker 16: won't harvest for that period, and so we're hearing reports
- 25:54Speaker 16: of fertilizer prices already doubling at the moment and just
- 25:58Speaker 16: simply an inability to get supply of them. So that
- 26:01Speaker 16: needs to be a focus of the government as well,
- 26:03Speaker 16: again using the leverage we've got of our coal and
- 26:05Speaker 16: guests to get what we can for fertilizer so we
- 26:08Speaker 16: can keep our country fed.
- 26:10Speaker 2: Maybe you can give alb an easier gift of coal
- 26:13Speaker 2: to take to bed with him, as you've suggested. Matt Canavan.
- 26:16Speaker 2: Good to see you got plenty of it, I'm sure
- 26:19Speaker 2: you do. Good to see you as always on a Thursday.
- 26:22Speaker 2: All right, we can now bring you an exclusive new
- 26:24Speaker 2: report that examines real wages and it reveals real wages
- 26:28Speaker 2: are now lower than thirty years ago, so lower now
- 26:32Speaker 2: than they were in nineteen ninety eight in inflation. Therefore
- 26:36Speaker 2: maybe in a real sense a lot higher than Australians
- 26:39Speaker 2: have been led to believe. This is an Institute of
- 26:42Speaker 2: Public Affairs report, and its author, chief economist Adam Crichton
- 26:45Speaker 2: joins me out, great to see you, Adam, So tell
- 26:49Speaker 2: us about your main finding about real wages and how
- 26:52Speaker 2: they compared to thirty years ago.
- 26:54Speaker 1: Yeah.
- 26:54Speaker 4: Well, basically, the.
- 26:54Speaker 6: Top line finding is pretty staggering and scary really, and
- 26:58Speaker 6: that's if you put dwelling prices house at apartment prices
- 27:02Speaker 6: in the CPI, which of course are not in there.
- 27:05Speaker 6: Many people don't realize that.
- 27:07Speaker 1: That they're not in there. The good that most people
- 27:09Speaker 1: in Australia.
- 27:10Speaker 12: Would like to buy is not in the CPI.
- 27:12Speaker 6: Now, if you do that at a relatively modest share,
- 27:16Speaker 6: you realize that in twenty twenty five, real wages are
- 27:21Speaker 6: zero point five percent lower than they were in nineteen
- 27:24Speaker 6: ninety eight. And if the share is a mere fifteen
- 27:27Speaker 6: percent and that's not a big share. So, for instance,
- 27:31Speaker 6: most people who buy a home spending thirty forty percent
- 27:34Speaker 6: of their disposable income on homeowner repayments, right, much.
- 27:37Speaker 4: More than fifteen percent.
- 27:38Speaker 6: But if you just make it fifteen percent, then real
- 27:42Speaker 6: wages are about ten percent.
- 27:44Speaker 4: Lower than they were in ninety ninety eight.
- 27:47Speaker 6: Now, there's no period in Australian history, Sharry, that I
- 27:49Speaker 6: can think of, and I did this work with Gareth
- 27:52Speaker 6: Aired who's a well known economist. There's no period in
- 27:55Speaker 6: Australian history over twenty eight years where real wages were
- 27:58Speaker 6: ten percent lower the end than at the start.
- 28:01Speaker 1: So you start to.
- 28:03Speaker 6: Understand why people are angry, why they're turning to other
- 28:05Speaker 6: parties while they're furious, why they hate official statistics, Because
- 28:09Speaker 6: you'll have Jim Chalmer's out there saying, oh, real wages
- 28:12Speaker 6: are growing.
- 28:13Speaker 2: I was going to say that is what he would
- 28:16Speaker 2: say is his big success story for your.
- 28:20Speaker 6: Using That's right, but he's using the consumer price index
- 28:23Speaker 6: to deflate the wage price index. To be a bit technical,
- 28:25Speaker 6: but that consumer price index doesn't include stamp duty, doesn't
- 28:29Speaker 6: include interest rates, it doesn't include passports, actually I found
- 28:33Speaker 6: out today. But most importantly it does not include the
- 28:36Speaker 6: cost of buying a home. It does not included the
- 28:39Speaker 6: most important purchase of anyone's life. And for people out
- 28:44Speaker 6: there who were saying, oh, well, that's just not how
- 28:46Speaker 6: you do the CPI, well, frankly, from nineteen fifty three
- 28:48Speaker 6: to nineteen eighty three, the American CPI, you know, the
- 28:51Speaker 6: granddaddy of all CPI is the oldest in the world.
- 28:54Speaker 4: You know, it included it included.
- 28:56Speaker 6: House prices, okay, for thirty years until nine eighty three.
- 28:59Speaker 6: And you know why they took them out in ninety three.
- 29:01Speaker 6: They took them out because they were rising too fast
- 29:04Speaker 6: and the politicians hated the fact that the CEDPI.
- 29:07Speaker 2: Right, So they were in there before nineteen eighty three.
- 29:10Speaker 6: Yes, in the United States, not in Australia, but in
- 29:12Speaker 6: the US, most important economy in the world, they were there.
- 29:15Speaker 6: And then in the late seventies inflation spiked. House prices
- 29:18Speaker 6: in the US started spiking. The Carter administration freaked out
- 29:21Speaker 6: because all of their payments were indexed to the CPI,
- 29:25Speaker 6: and some very smart people got together and they decided,
- 29:27Speaker 6: what's the theoretically pure way we can get rid of
- 29:30Speaker 6: house prices? Right, And so they came up with a
- 29:32Speaker 6: good one, and you know, it's that house prices are
- 29:34Speaker 6: an asset, so therefore they should not be in the
- 29:38Speaker 6: consumer price index and not a consumption. So that's been
- 29:41Speaker 6: very neat and nice. But that's not the way you
- 29:43Speaker 6: see prices. It's not the way anyone on the street
- 29:46Speaker 6: sees prices. And so no wonder when you tell people,
- 29:49Speaker 6: and I hear this all the time, I say, oh,
- 29:50Speaker 6: inflation three point sevent percent, They're like, no, it's not
- 29:53Speaker 6: it's a lot more than that. And that's because you know,
- 29:57Speaker 6: subliminally in their head they're seeing what's up to house prices,
- 30:00Speaker 6: and they have gone up five times since line on
- 30:03Speaker 6: here Adam.
- 30:04Speaker 2: The Reserve Bank's Assistant Governor of Financial Markets, Christopher Kent,
- 30:07Speaker 2: has warned that we could be facing more rate hikes
- 30:11Speaker 2: even if the economy slows because of the fuel crisis. Now,
- 30:14Speaker 2: Adam explained this to me because I thought, having fuel rising,
- 30:18Speaker 2: it has a similar effect to a rate rise anyway,
- 30:21Speaker 2: so why would you need the double up.
- 30:23Speaker 6: Well, the problem there is the RBA is freaking out
- 30:25Speaker 6: about inflation expectations. If you look at all their models,
- 30:28Speaker 6: their mathematical models, one of the most important terms is
- 30:31Speaker 6: inflation expectations, so not actual inflation, that what people think
- 30:34Speaker 6: inflation will be. I mean, the problem is if people
- 30:37Speaker 6: think inflation is going to be five, then it has
- 30:39Speaker 6: a tendency to be five. And the problem what you're
- 30:42Speaker 6: seeing now is because it's four already and it's going
- 30:45Speaker 6: to be five. If people start thinking, you know, if businesses,
- 30:50Speaker 6: ordinary people start thinking it's going to be five, then
- 30:52Speaker 6: they just automatically put up their prices by five. And
- 30:55Speaker 6: that's very scary to the RBA. So the problem for
- 30:59Speaker 6: them is they're going to have to crush this expectation.
- 31:01Speaker 6: And it was interesting just this week Mishell Bullock said, well,
- 31:04Speaker 6: if we have to have a recession, we're going to
- 31:05Speaker 6: have to have one to get rid of inflation. And
- 31:07Speaker 6: we're already in the case where the RBA, you know,
- 31:10Speaker 6: is a bit of a joke I shouldn't say joke.
- 31:11Speaker 6: But it's not very hard on inflation, right, I mean,
- 31:14Speaker 6: it's very high now. They haven't lifted rates very much,
- 31:19Speaker 6: so they could a lot more to try to get
- 31:21Speaker 6: it down. But of course, as you know, they had
- 31:22Speaker 6: this dual mandate where they're meant to look at employment
- 31:26Speaker 6: as much as they look at inflation, which is impossible,
- 31:28Speaker 6: some would say.
- 31:28Speaker 4: But anyway, they're in.
- 31:30Speaker 6: A real pondary because you know, fuel prices in theory
- 31:33Speaker 6: are not the Australian gum it's fault.
- 31:35Speaker 12: They're not the Reserve Bank's fault.
- 31:36Speaker 1: Right, It's a global problem.
- 31:38Speaker 2: But that's the thing, Adam, I mean, we are if
- 31:40Speaker 2: we do go into a recession. Inflation was already high
- 31:43Speaker 2: before the war. But of course the war will be
- 31:46Speaker 2: blamed for it. It'll be global factors. So there you
- 31:48Speaker 2: go to get out of jail free card, perhaps, Adam Crt, Well,
- 31:52Speaker 2: look at yeah, very quickly.
- 31:54Speaker 6: Well, look, I was just going to say, of course,
- 31:56Speaker 6: if there's a real recession, you know what they're going
- 31:58Speaker 6: to do with rates put them to zero. So at
- 32:00Speaker 6: the it's really bad, you can count on them going
- 32:03Speaker 6: to zero.
- 32:03Speaker 1: That's what they always do.
- 32:05Speaker 2: Great to have you, and well done in your new report.
- 32:09Speaker 2: Now still to come, fears grow across the West that
- 32:12Speaker 2: Iranian sleeper cells have been activated. An intelligence officer would
- 32:16Speaker 2: tell us more plus Meta and YouTube have been found
- 32:20Speaker 2: liable for negligence because of their addictive social media that's
- 32:25Speaker 2: after the break in a landmark US case overnight a
- 32:32Speaker 2: jury has found Meta and Google owned YouTube are liable
- 32:36Speaker 2: after claims addictive features like infinite scroll, AutoPlay and constant
- 32:41Speaker 2: notifications harmed a young user worsened her mental health. Well
- 32:47Speaker 2: nearly a decade ago, Darren Davidson at The Australian exposed
- 32:51Speaker 2: Facebook's own internal documents that showed it could track when
- 32:54Speaker 2: teenagers felt worthless, insecure, stressed and like a failure and
- 32:59Speaker 2: then sell that insight to advertisers. And he went on
- 33:02Speaker 2: to detail how the company scrambled to kill the story,
- 33:05Speaker 2: smear him and publicly deny what senior at executives knew,
- 33:10Speaker 2: and Darren Davidson, who's now the managing editor at The Australian,
- 33:13Speaker 2: joins me, Darren, thanks so much for your time. So
- 33:16Speaker 2: tell us the significance first of this jury verdict overnight.
- 33:20Speaker 2: What were Meta and YouTube found guilty of when it
- 33:24Speaker 2: came to those addictive behaviors.
- 33:28Speaker 17: So, as you said at the top of the program,
- 33:29Speaker 17: this is a major, major turning point. Then basically they're
- 33:32Speaker 17: not buying anymore juries, they're not buying anymore the idea
- 33:35Speaker 17: that the neutral platform defense, and that's really significant because
- 33:40Speaker 17: they're treating these products as designed systems. You know, we're
- 33:45Speaker 17: foreseeable harm to children, and looking at the rulings right
- 33:50Speaker 17: here that the language really matters, you know, malice, oppression,
- 33:54Speaker 17: or fraud, so that goes to intent, it's not by accident.
- 33:58Speaker 17: So that for those reasons, these are really significant, really
- 34:03Speaker 17: significant developments and something that's been bring for a long
- 34:06Speaker 17: long time. And I think we may see now global
- 34:10Speaker 17: wave of litigation following these two decisions in the US,
- 34:15Speaker 17: and we'll probably see investors, insurance companies and others were
- 34:18Speaker 17: at other stakeholders pricing in the impact of these two decisions.
- 34:24Speaker 2: The court cases have also exposed a lot of internal
- 34:29Speaker 2: documents and how the social media companies hook people in.
- 34:33Speaker 2: And this particular victim who's now twenty, she said she
- 34:37Speaker 2: was six when she started using YouTube, So a bit
- 34:40Speaker 2: of a warning for all parents out there whose kids
- 34:42Speaker 2: run off with the YouTube on the phone. And she
- 34:45Speaker 2: spoke about or her lawyers argue the addictive design features,
- 34:50Speaker 2: you know, are designed to hook young users. The infinite
- 34:53Speaker 2: nature feeds, the endless supply of content. I mean, this
- 34:58Speaker 2: really exposes them.
- 35:01Speaker 17: Yeah, that's the thing. And as you've said, like kids
- 35:03Speaker 17: can't give consent to these platforms, you've got adult grade,
- 35:07Speaker 17: highly sophisticated, ruthless technology, persuasion systems aimed at developing very
- 35:13Speaker 17: young brains. We've both got young kids, and we know
- 35:17Speaker 17: that they're extremely susceptible to this kind of messaging and
- 35:22Speaker 17: those very powerful algorithms. And I think the bottom line
- 35:26Speaker 17: is if you've got technology that is so sophisticated that
- 35:30Speaker 17: you can capture attention in this way that you can
- 35:33Speaker 17: also build in, not just opt in guardrails to actually
- 35:37Speaker 17: prevent young children being sucked in by these very powerful algorithms.
- 35:43Speaker 2: I mean, we're reflecting on your coverage about ten years ago.
- 35:46Speaker 2: I mean, how closely does this verdict track with what
- 35:49Speaker 2: you uncovered?
- 35:52Speaker 17: Tracks extremely closely, And reading those rulings today, actually I've
- 35:57Speaker 17: obviously reminded of those stories that we did many years
- 35:59Speaker 17: ago at The Australian, and you know, we knew at
- 36:02Speaker 17: the time they were impactful, quite profound in what we
- 36:06Speaker 17: had uncovered. In some we got hold of some confidential
- 36:09Speaker 17: documents that were handed to me by a source. I
- 36:12Speaker 17: was chasing a kind of adjacent story, but not that story,
- 36:16Speaker 17: and I was astonished at the time when I got
- 36:18Speaker 17: hold of these documents to find buried at the back
- 36:21Speaker 17: of them sales pitches to major banks and financial institutions,
- 36:29Speaker 17: boasting that Facebook had technology that could target children, young
- 36:34Speaker 17: children when they were feeling worthless, vulnerable and insecure and worthless.
- 36:38Speaker 17: Is a really interesting that was one of the emotional triggers.
- 36:42Speaker 17: And it's interesting because a few years later, very sadly,
- 36:46Speaker 17: a British teenager called Molly took her own life and
- 36:50Speaker 17: it turned out that she was addicted to social media,
- 36:52Speaker 17: a very heavy user of some of the meta platforms,
- 36:55Speaker 17: and one of the Instagram accounts that she had engaged
- 36:58Speaker 17: with and saved hosts from was actually called feeling worthless.
- 37:03Speaker 17: I'm worthless was one of the emotional triggers that Facebook
- 37:06Speaker 17: said he could actually isolate.
- 37:08Speaker 2: It is terrible and so sad, so incredible reporting back then,
- 37:13Speaker 2: and this is a very significant case now, Darren, thanks
- 37:16Speaker 2: for joining us.
- 37:18Speaker 17: Thanks Harry.
- 37:20Speaker 2: Now still to come, what Australia should have done to
- 37:23Speaker 2: avoid this fuel crisis, plus how Iranian sleeper cells are
- 37:27Speaker 2: believed to be activating, and how much longer will the
- 37:30Speaker 2: war go on? An intelligence officer would join me next,
- 37:37Speaker 2: welcome back. Well. Five eyes intelligence agencies are worried that
- 37:41Speaker 2: Iranian sleeper cells have already been activated across the West.
- 37:45Speaker 2: Michael McManus, a research director for a British think tank,
- 37:49Speaker 2: has told The Financial Review that Iran appeared to be
- 37:51Speaker 2: activating its cells in Western countries. Mcmcmanus said, in the
- 37:57Speaker 2: wake of the US and Israel commencing air strikes on
- 37:59Speaker 2: a run on February twenty eight, Persian language number stations
- 38:04Speaker 2: had started broadcasting on shortwave radios across Europe. The station's
- 38:09Speaker 2: broadcast seemingly random numbers as codes to issue orders to
- 38:14Speaker 2: spies and activate sleeper cells. It's remarkable if that's true.
- 38:20Speaker 2: And joining me now, former Israeli military intelligence Lieutenant Colonel
- 38:24Speaker 2: Ilan Lotchov, an expert on combating terror financing ilin, thank
- 38:28Speaker 2: you very much for joining us. So can you explain
- 38:31Speaker 2: to us these numbers? What could these codes mean?
- 38:37Speaker 4: So thank you for having me Aria.
- 38:39Speaker 18: I believe that biggest numbers in these codes are instructions
- 38:46Speaker 18: that have been sent by the IRGC from Iran to
- 38:53Speaker 18: these different cells. Could be I cells, it could be
- 39:00Speaker 18: cells of his bab. Now we know that in ninety
- 39:06Speaker 18: two and ninety four these cells combined by RGC and
- 39:12Speaker 18: Chris Bala, they carried out attacks in Argentina. In these attacks,
- 39:21Speaker 18: more than one hundred Israelis and Argentinians were killed. So
- 39:28Speaker 18: these codes, it's actually very troubling and I'm sure that
- 39:35Speaker 18: this is an asset that the Iranians would what would
- 39:38Speaker 18: really like to use as a strategic tool to try
- 39:44Speaker 18: and get maybe the negotiations on their side or to
- 39:50Speaker 18: affect Drum.
- 39:52Speaker 2: And I know that this is a live concern in
- 39:55Speaker 2: Australia at the moment. Iranian slaper Cells, yours specialist on
- 40:01Speaker 2: terror financing and you've worked in very elite units in
- 40:05Speaker 2: Israeli intelligence. Can you explain to us how does Iran
- 40:10Speaker 2: finance terrorism across the West, even in places like Australia.
- 40:17Speaker 18: Yes, well, what Iran does Actually they have taken the
- 40:24Speaker 18: funds of Iranians in nineteen seventy nine that left Iran
- 40:31Speaker 18: and they made it the capital of Hamenaid. So Haminai
- 40:37Speaker 18: was killed a month ago and now Muddava owns those assets.
- 40:45Speaker 18: Now we're talking about assets that are more than two
- 40:49Speaker 18: hundred billion dollars and they are personally the family of Hamenaid.
- 41:00Speaker 18: And what happened in twenty fifteen when Obama stop the
- 41:06Speaker 18: sanctions on.
- 41:09Speaker 4: Iran.
- 41:10Speaker 18: These Iranians decided to push as money, as much money
- 41:17Speaker 18: as they could outside of Iran because they said, this time,
- 41:23Speaker 18: next time there'll be sanctions. When we go on with
- 41:26Speaker 18: our nuclear problem, we'll have funds abroad, and with these
- 41:31Speaker 18: funds we can use whatever we need and we'll be
- 41:34Speaker 18: in a much better situation. So these funds have been
- 41:39Speaker 18: used for nuclear power, the building, for assets being bought abroad,
- 41:47Speaker 18: we could seek that much dabahaminad.
- 41:52Speaker 2: We need sorry to interrupt there, but when you say
- 41:54Speaker 2: assets being bought abroad, do you mean buildings or do
- 41:59Speaker 2: you mean agents?
- 42:02Speaker 4: I mean buildings, Yeah, I mean that's what we know of.
- 42:06Speaker 4: That's what we know of. But the amount of money
- 42:10Speaker 4: that has been.
- 42:12Speaker 18: Sent outside of Iran, it's amount of money that can
- 42:18Speaker 18: buy agents, that can buy infrastructures. We could see that
- 42:24Speaker 18: last the last two weeks. There was a building with
- 42:29Speaker 18: two flats that was bought in London that from this
- 42:35Speaker 18: flat you could see the Israeli embassy. This flat is
- 42:41Speaker 18: was bought by a guy called Annasali.
- 42:44Speaker 4: That he is the he's the face of Mushavaham in London.
- 42:52Speaker 2: So interesting, and that's what you did for you know,
- 42:55Speaker 2: tracking the financing. Obviously that is far more difficult now
- 42:58Speaker 2: because a lot of the Iranian agents are using cryptocurrencies
- 43:04Speaker 2: and other encrypted forms of money transfer, so it makes
- 43:08Speaker 2: it very difficult, more difficult, not impossible. Just finally, I'm
- 43:13Speaker 2: going to get to the breaking news tonight in Israeli
- 43:15Speaker 2: official has said that the man responsible for the Strait
- 43:18Speaker 2: of Hormuz chokehold this is the head of the Islamic
- 43:21Speaker 2: Revolutionary Guard CORN Navy, Ali Reza Tangsiri. He's reportedly been
- 43:28Speaker 2: killed in a strike. So no comment yet from Iran,
- 43:32Speaker 2: no official comment yet from Israel. But if this is true,
- 43:36Speaker 2: this would be significant. It could affect the situation in
- 43:39Speaker 2: the Strait of Hormuz.
- 43:40Speaker 18: Zlan Well, actually, if you take the leadership of Iran,
- 43:48Speaker 18: the last month, the Israeli Air Force has taken out
- 43:56Speaker 18: dozens of their leadership. So I do think that he
- 44:02Speaker 18: is very important because his part is part of the
- 44:06Speaker 18: IRGC of the navy, and I think it's very important
- 44:11Speaker 18: because what I see now is that in the island
- 44:16Speaker 18: of how that's the island that they're trying to get
- 44:21Speaker 18: all their arms and try to make it as a fortress.
- 44:26Speaker 18: So troops cannot be there. So I do think that
- 44:30Speaker 18: it has a tactical influence because it will it will
- 44:36Speaker 18: affect the morale of those soldiers. But I do think
- 44:41Speaker 18: that when you go to war, you have air force,
- 44:46Speaker 18: navy and military and that has to be something that's
- 44:51Speaker 18: taken into consideration.
- 44:53Speaker 2: Yeah, all right, but out of time, Elan, really appreciate
- 44:57Speaker 2: your time. Thank you very much for joining us. Fascinating
- 44:59Speaker 2: insights all right, still to come. What the fuel crisis
- 45:02Speaker 2: has exposed about Australia's vulnerabilities. An expert would join me
- 45:06Speaker 2: after the break, welcome back. Well, Australia's fuel crisis has
- 45:13Speaker 2: exposed just how limited our stockpiles are and the heavy
- 45:18Speaker 2: reliance on imported diesel and other fuels as well.
- 45:22Speaker 19: Well.
- 45:22Speaker 2: One Nation's Barnaby Joyce today said he's been saying this
- 45:25Speaker 2: for a couple of days now that it means we
- 45:27Speaker 2: should be having fuel rationing already here he is.
- 45:31Speaker 11: Therefore, you should be having rationing now, and you should
- 45:33Speaker 11: be brave enough to say to the Australian people, Look,
- 45:37Speaker 11: you're not going to like this, but you're going to
- 45:39Speaker 11: appreciate A plan is better than panic, and panic is
- 45:42Speaker 11: where we're going.
- 45:44Speaker 2: And As I mentioned earlier in the Australian Tonight, there's
- 45:46Speaker 2: the report that on Sydney's Northern Beaches, a Shell branded
- 45:50Speaker 2: Viva service station has told customers they can't buy more
- 45:53Speaker 2: than fifty liters per vehicle due to supply restrictions and
- 45:58Speaker 2: they've banned the feeling of cans are external tanks now
- 46:02Speaker 2: that sign site is operated by an independent retailer. And
- 46:06Speaker 2: we saw today the New South Wales Premier Chris Minn
- 46:09Speaker 2: express concern that these independent retailers, particularly in regional areas,
- 46:14Speaker 2: are where the fuel supply is not getting to and
- 46:17Speaker 2: he spoke about the distribution issues. Well, energy expert Tony
- 46:20Speaker 2: Wood says the answer is now planning for fuel security
- 46:24Speaker 2: and he joins me, Now, Tony, thank you very much
- 46:27Speaker 2: for your time. Do you think what the premier says
- 46:30Speaker 2: is right that this is a distribution issue not a
- 46:33Speaker 2: supply issue at the moment, Well so.
- 46:36Speaker 1: Far it is because we have very long supply chains
- 46:41Speaker 1: in this country, and not only for.
- 46:44Speaker 19: The import terminals, the distribution facilities between them and regional
- 46:48Speaker 19: and rural Australians. Big truck companies and others have large
- 46:53Speaker 19: on site fuel storages and they're always four and when
- 46:57Speaker 19: something like this looks like it's going to happen and
- 46:59Speaker 19: get worse, prices going to go up, maybe we'll have shortages,
- 47:02Speaker 19: and the government says, don't panic. The first thing everybody
- 47:04Speaker 19: knows is panic, of course, and they go and fill
- 47:06Speaker 19: up all these things. So what's happened has that out
- 47:09Speaker 19: that entire long supply chain has been gradually been filled
- 47:12Speaker 19: up with petrol. Now we haven't been driving anymore, we
- 47:16Speaker 19: haven't actually been using any more fuel. What we've been
- 47:19Speaker 19: doing is putting all this fuel into those facilities, filling
- 47:22Speaker 19: them all up. But that means we've drained its system
- 47:25Speaker 19: in other places, and so that's why you're seeing these
- 47:27Speaker 19: localized problems with the sort of thing you've been talking
- 47:30Speaker 19: about the premieer was talking about, and we're seeing regularly
- 47:32Speaker 19: across regional Australia in particular. This also explains why that's
- 47:37Speaker 19: so far at the national level it isn't actually a
- 47:40Speaker 19: major problem. We've actually got all the fuel we need,
- 47:43Speaker 19: All the fuel is still coming into Australia and we
- 47:45Speaker 19: haven't got yet a shortage of supply.
- 47:48Speaker 1: So it's a very unusual circumstance.
- 47:50Speaker 19: It happens i don't think we should necessarily blame people
- 47:53Speaker 19: for taking that action, because you understand why they have.
- 47:56Speaker 1: But that's what's leading what has led so.
- 47:58Speaker 19: Far to the problems we're seen with local shortages supply
- 48:02Speaker 19: and even local prohibititions being placed on people filling their
- 48:07Speaker 19: tanks or whatever they want to fill with petrol and diesel.
- 48:10Speaker 2: Now you've written a piece in the fin Review, and
- 48:13Speaker 2: you know you're talking about how the head of the
- 48:15Speaker 2: IEA has suggested this could be as bad as the pandemic.
- 48:19Speaker 2: Do you think that is? I mean, this is what
- 48:21Speaker 2: people are worried about. Did you think it could get
- 48:23Speaker 2: to that point where we can't afford to leave the
- 48:26Speaker 2: house unless it's essential.
- 48:29Speaker 19: I think that what's necessary here is that we recognize
- 48:32Speaker 19: that this is a serious problem if it gets much worse,
- 48:35Speaker 19: because we've already seen the early signs that some of
- 48:38Speaker 19: the suppliers of our petrol and diesel and aviation fuel
- 48:41Speaker 19: into this country themselves are under pressure and we are
- 48:44Speaker 19: seeing potential shortages because companies like Singapore, we get fifty
- 48:48Speaker 19: percent of our fuel petrol from Singapore, they themselves get
- 48:52Speaker 19: their crude all from somewhere else. So that's a problem, right,
- 48:55Speaker 19: so you can see why people are getting very uncomfortable
- 48:57Speaker 19: about this and you can see why we need to
- 48:59Speaker 19: be thinking most strategically now whether we need fuel rationing.
- 49:03Speaker 4: Now.
- 49:04Speaker 19: The Government has the legislative powers, if necessary, to declare
- 49:08Speaker 19: a fuel emergency, that would need the record, that would
- 49:11Speaker 19: need to be authorized with the Governor General on the
- 49:13Speaker 19: advice of Minister Bowen. We'll see what that happens, and
- 49:17Speaker 19: so far it's not been necessary. But if shortage is
- 49:20Speaker 19: real shortages, real shortage of supplied to emerge, then of
- 49:23Speaker 19: course that's what happened. And it's important now that the government.
- 49:26Speaker 19: Where I do agree with Barnaby Joyce is that the
- 49:28Speaker 19: government needs to be very clear. This is why we
- 49:31Speaker 19: have not yet resorted to fuel rationing, this is how
- 49:34Speaker 19: we might have to and this is what we're planning.
- 49:36Speaker 1: So Australians you understand that we can.
- 49:39Speaker 2: Understand agree a bit of transparency wouldn't go as straight.
- 49:42Speaker 2: Tony would appreciate your time, Thank you, and don't miss
- 49:45Speaker 2: Chris Willman's special program on Australia's fuel crisis seven thirty
- 49:48Speaker 2: pm on Sunday on Sky News. And that's it from me.
- 49:51Speaker 2: I'll see you Monday eight and here's Paul Murray