Latest / The Kenny Report / The Kenny Report | 27 May
Transcript
- 0:01Speaker 1: Live from the Skying New Center. This is the Kenny Report.
- 0:06Speaker 2: Hello and welcome to the Kenny Report.
- 0:08Speaker 3: I'm Danikiti Giorgio filling in this week for Chris. Coming
- 0:11Speaker 3: up tonight the debate over net zero and nuclear. I'll
- 0:14Speaker 3: explain why the Coalition needs to go big and bold
- 0:17Speaker 3: on energy policy. Dozens injured after a car plows into
- 0:21Speaker 3: football fans celebrating Liverpool's win. Plus live to Chris Kenny
- 0:26Speaker 3: out of Kibbutz in Israel, where over one hundred people
- 0:29Speaker 3: were killed by hamas on October seven, but first tonight,
- 0:35Speaker 3: as the coalition's marital status remains up in the air,
- 0:39Speaker 3: despite the Liberals agreeing in principle to.
- 0:41Speaker 2: The Nationals demands.
- 0:43Speaker 3: Whatever in principle actually means the time has come for
- 0:46Speaker 3: serious debate on energy policy in this country. Drop net
- 0:50Speaker 3: zero or retain the twenty to fifty target with nuclear.
- 0:54Speaker 2: In the mix now. Of course, one of.
- 0:56Speaker 3: The key lessons from the coalition's election loss is if
- 0:59Speaker 3: you don't go big and bold and differentiate policy from labor,
- 1:03Speaker 3: then you'll face years in the wilderness. So it was
- 1:07Speaker 3: finally good to hear some common sense and straight talk
- 1:10Speaker 3: about energy. Senior Liberal Andrew Hasty, who is undoubtedly a
- 1:15Speaker 3: future leader of the party, has given his frank assessment
- 1:19Speaker 3: on the Liberal Party's loss.
- 1:21Speaker 2: He's told the ABC the.
- 1:23Speaker 3: Liberal Party's problems are so bad that without serious change,
- 1:28Speaker 3: it may cease to exist. His suggestion to revive the
- 1:32Speaker 3: party is pulling the plug on net zero by twenty fifty.
- 1:37Speaker 2: He's even likened the policy to a straight jacket on
- 1:41Speaker 2: the party's future.
- 1:43Speaker 4: The question of net zero again, that's a straight jacket
- 1:46Speaker 4: that I'm already getting out of. The real question is
- 1:50Speaker 4: should austray In families and businesses be paying more for
- 1:54Speaker 4: their electricity.
- 1:55Speaker 3: It's a good question and these are the sorts of
- 1:57Speaker 3: policy positions that win elections. I mean, where was this
- 2:01Speaker 3: months ago? Andrew Hasty has the goal and conviction to
- 2:05Speaker 3: get the party back on track. Unfortunately, there are weak
- 2:09Speaker 3: moderates in the Liberals who are ensuring Labour stay in
- 2:12Speaker 3: power by even going as far as to publicly call
- 2:15Speaker 3: for the coalition's nuclear policy to be dropped and debasing
- 2:19Speaker 3: their opinions on polling and vibes.
- 2:24Speaker 5: Most Australians believe climate change is real and we have
- 2:27Speaker 5: to deliver energy policies that ensure that we reach zero
- 2:31Speaker 5: targets and that we deliver stable power and power that
- 2:35Speaker 5: is as cheap as possible.
- 2:37Speaker 3: Well, that's a surefire way to keep Labor in power.
- 2:39Speaker 3: I mean, no wonder, no wonder, they're in opposition. The
- 2:42Speaker 3: reality is Labor is selling us a pup with its
- 2:45Speaker 3: guarantees of getting two net zero twenty fifty on a
- 2:48Speaker 3: renewables only fantasy ride and running scare campaigns on nuclear.
- 2:53Speaker 3: Its policies are hurting families, pushing up power prices, and
- 2:57Speaker 3: crippling the economy, a point not lost on Andrew Hasty.
- 3:02Speaker 4: Should we allow this sort of hypocrisy at the heart
- 3:04Speaker 4: of our economy to continue, whereby we sell coal and
- 3:08Speaker 4: gas to India and China and we deny it to
- 3:11Speaker 4: our own people. That's the question that I think we
- 3:14Speaker 4: need to answer, And.
- 3:16Speaker 3: He's not wrong. We sell our resources to China and India,
- 3:19Speaker 3: two of the world's biggest emitters, and two countries who
- 3:23Speaker 3: are not even signed up to net zero by twenty
- 3:25Speaker 3: fifty themselves, and whereas it got us with higher bills
- 3:29Speaker 3: and an unreliable energy grid during heat waves and cold snaps.
- 3:33Speaker 3: And of course, the cost of climate action is high
- 3:35Speaker 3: when you take into account the batteries, wind farms, hydro
- 3:39Speaker 3: solar farms, transmission lines, emissions reduction policies over.
- 3:43Speaker 2: Years and years.
- 3:44Speaker 3: It would go into the hundreds of billions of dollars
- 3:47Speaker 3: and what's the return on investment?
- 3:49Speaker 2: Well, label will already undershoot.
- 3:51Speaker 3: Its twenty thirty target by fourteen percentage points.
- 3:54Speaker 2: That's according to experts.
- 3:56Speaker 3: Australia needs ten thousand kilometers of high voltage transmission lines
- 4:00Speaker 3: by twenty fifty, but the project is so far behind
- 4:04Speaker 3: only half of it will be delivered in the next decade,
- 4:07Speaker 3: so we aren't exactly getting bang for our buck here.
- 4:10Speaker 3: Getting to twenty fifty on a part time power source
- 4:13Speaker 3: leaves us open to the same blackouts experienced just weeks
- 4:16Speaker 3: ago by Spain and Portugal. I mean, you only need
- 4:19Speaker 3: to look at the progress being made globally to see
- 4:21Speaker 3: how far behind we are. That zero has been dropped
- 4:25Speaker 3: in New Zealand by revoking a ban on drilling for
- 4:28Speaker 3: oil and gas, marking an end to a policy announced
- 4:30Speaker 3: by former PMJ Sindura Dern. The UK Conservative Party will
- 4:34Speaker 3: ditch its commitment a target set by the previous UK government.
- 4:39Speaker 3: Former UK Labor Prime Minister Tony blam made and astonishing
- 4:43Speaker 3: intervention just last month criticizing net zero policies, saying any
- 4:47Speaker 3: strategy based on either phasing out fossil fuels in the
- 4:51Speaker 3: short term or limiting consumption is a strategy doomed to fail.
- 4:55Speaker 3: And we know Donald Trump has already scrapped it. But
- 4:59Speaker 3: back home, even the nationals are divided on targets.
- 5:04Speaker 6: This is the ability in any democratic process and that
- 5:09Speaker 6: the national party runs, is that you can prosecute an
- 5:12Speaker 6: individual case. But the policy that the last was determined
- 5:15Speaker 6: and we actually reviewed it. There was a two or
- 5:18Speaker 6: three times in which people wanted to re prosecute the
- 5:21Speaker 6: net zero case, and in those cases the party room
- 5:25Speaker 6: determined in majority that we should stick with it.
- 5:28Speaker 7: Now the national support that zero twenty fifty that were
- 5:31Speaker 7: several years ago.
- 5:32Speaker 8: I wish my colleagues all the best, but while we
- 5:35Speaker 8: remain committed to this crazy net zero missions goal, I'm
- 5:38Speaker 8: not going to serve. If we re dumped this ridiculous goal,
- 5:43Speaker 8: I'll do what I can to serve the team in
- 5:46Speaker 8: the country in any role people think I'm capable of.
- 5:50Speaker 9: Don't like that zero.
- 5:52Speaker 10: Zero's disasters for our nation, disasters for everyone, and.
- 5:56Speaker 3: What's even more dangerous is that Labor persists with its
- 5:59Speaker 3: ban on nuclear, refusing to even understand the benefits of
- 6:02Speaker 3: this clean, cheap base load power. We're already going broken
- 6:05Speaker 3: backwards and are being left behind by countries who are
- 6:08Speaker 3: either revisiting nuclear or investing in the energy source. Switzerland
- 6:13Speaker 3: is seeking to lift the country's ban on new nuclear
- 6:16Speaker 3: power plants. Denmark is revisiting its forty year nuclear power ban,
- 6:21Speaker 3: the Belgian government is looking to reverse nuclear phase out policy,
- 6:25Speaker 3: and of course, Donald Trump just days ago announced plans
- 6:27Speaker 3: to accelerate the nuclear power industry, overhaul the US nuclear
- 6:32Speaker 3: regulator fast track licenses for new projects and boos domestic
- 6:36Speaker 3: fuel supplies.
- 6:38Speaker 10: Sir, heart industry. It's a brilliant industry. You have to
- 6:41Speaker 10: do it right, and it's become very safe and environmental. Yes,
- 6:45Speaker 10: one hundred percent. I would say we'll be second to
- 6:48Speaker 10: none because we're starting very strong. But it's time for nuclear.
- 6:55Speaker 3: How Labour even plans to get to net zero twenty
- 6:58Speaker 3: fifty was never explained or even detailed during the election campaign,
- 7:02Speaker 3: Yet all we heard about was the lies that the
- 7:04Speaker 3: coalition's nuclear plan would cost six hundred billion dollars and
- 7:08Speaker 3: it's given getting more and more blindly ambitious. By twenty
- 7:12Speaker 3: thirty five, it wants emissions to be sixty to seventy
- 7:15Speaker 3: five percent less than they were in two thousand and five,
- 7:18Speaker 3: and the only way they claim they're going to do
- 7:20Speaker 3: that is to double down on renewables. Labour's thumping election
- 7:25Speaker 3: win was not an endorsement of its energy policies.
- 7:28Speaker 2: It's a re elected.
- 7:28Speaker 3: Labour government with the same old fantasies of powering the
- 7:32Speaker 3: country part time.
- 7:34Speaker 2: And I believe that Andrew.
- 7:35Speaker 3: Hasty's clear and sheer assessment should serve as a big
- 7:39Speaker 3: warning because without big change, the Liberal Party risks being demolished.
- 7:44Speaker 2: Net zero is unachievable.
- 7:46Speaker 3: We've been warned it's time to start recognizing the benefits
- 7:49Speaker 3: of coal and uranium. It's time to start using the
- 7:52Speaker 3: resources in our own backyard. And more importantly, the coalition,
- 7:57Speaker 3: with some marriage counseling, needs to go big and stop
- 8:01Speaker 3: pussy footing around on energy policy or be in the
- 8:03Speaker 3: wilderness forever over In Liverpool, in England, almost fifty people
- 8:11Speaker 3: have been injured, including children, after a car rammed into
- 8:15Speaker 3: crowds and a warning this next vision is distressing.
- 8:21Speaker 9: Oh holy oh, my god.
- 8:27Speaker 11: No.
- 8:29Speaker 3: Now, look when you see that, it's truly remarkable that
- 8:31Speaker 3: nobody died because hundreds of thousands of people had been
- 8:35Speaker 3: out lining the streets celebrating Liverpool Football Club's victory parade
- 8:38Speaker 3: when that incident happened. Now, UK police are working on
- 8:42Speaker 3: a theory that it was deliberate, but have since ruled
- 8:46Speaker 3: out terror. The fifty three year old driver of the
- 8:49Speaker 3: vehicle has been arrested and here is the latest from
- 8:52Speaker 3: sky News UK.
- 8:54Speaker 12: The car came to a halt, it was surrounded, the
- 8:58Speaker 12: driver was the focus of that. The police struggled to
- 9:02Speaker 12: hold the crowd back. Those in shop ran from the
- 9:06Speaker 12: scene as the emergency services run into the chaos. Merseyside
- 9:12Speaker 12: Police arrested the driver. They described him as a white
- 9:16Speaker 12: British man, a fifty three year old from the city.
- 9:19Speaker 13: Extensive inquiries ongoing to establish the circumstances leading up to
- 9:24Speaker 13: the collision and it is vital that people do not
- 9:27Speaker 13: speculate or spread misinformation on social media.
- 9:31Speaker 3: Now, look, we know that this is not an isolated incident.
- 9:35Speaker 3: This year alone, we've had two such incidents. Eleven people
- 9:38Speaker 3: were killed in Vancouver, British Columbia, with an suv sped
- 9:42Speaker 3: down a closed street, hitting people attending a festival, and
- 9:45Speaker 3: fifteen people died in an attack along Bourbon Street in
- 9:49Speaker 3: a similar incident in New Orleans.
- 9:52Speaker 2: And it's truly frightening. But here's the thing.
- 9:55Speaker 3: Suddenly we need bollards here, there, and everywhere to prevent it.
- 10:00Speaker 2: But you never get to that.
- 10:03Speaker 3: Why do we have bollards on roads around the world?
- 10:07Speaker 2: What are authority is protecting us from?
- 10:10Speaker 3: If not terror, then the mental health excuse does not
- 10:14Speaker 3: cut it. Let's bring in Liberal Senator Dave charmanout. Senator,
- 10:21Speaker 3: it's good to catch up. Thank you very much for
- 10:23Speaker 3: joining me. I want to start with net zero.
- 10:26Speaker 14: How does the.
- 10:26Speaker 2: Liberals navigate this?
- 10:28Speaker 3: I mean, you've got seniors in the Liberals like Andrew
- 10:30Speaker 3: Hasty saying it's like a straight jacket. They want twenty
- 10:33Speaker 3: fifty scrapped. You've got Nationals MPs some saying the same.
- 10:37Speaker 3: The Liberals obviously want to win back city seats from Independence,
- 10:40Speaker 3: including of course your former seat of Wentworth.
- 10:43Speaker 2: Do you want net zero twenty fifty revisited?
- 10:49Speaker 14: Let me make this point to begin with.
- 10:51Speaker 15: It was the Howard government that took us into the
- 10:54Speaker 15: Kyoto Protocol, right It was the Abbot government that signed
- 10:57Speaker 15: us up to the Paris Climate accurt it was the
- 10:59Speaker 15: Morrison government that signed us up to the Glasgow annex
- 11:03Speaker 15: to the unf Triple C negotiation. So, you know, liberal
- 11:07Speaker 15: or coalition governments throughout have had these debates and it's
- 11:11Speaker 15: healthy and perfectly normal that they do so. But look,
- 11:14Speaker 15: to my mind, the debate we should be having with
- 11:17Speaker 15: the Labor Party is not about the direction to travel.
- 11:20Speaker 15: It's about how we get there. What's our energy mix
- 11:23Speaker 15: going to be in the future. Should we have nuclear
- 11:25Speaker 15: power in the mix? Do we need gas in the
- 11:27Speaker 15: short term? And I think that's a debate that the
- 11:29Speaker 15: public is genuinely interested in. But I have a you know,
- 11:32Speaker 15: I think this sort of totemic issue of net zero
- 11:35Speaker 15: has taken on a theological significance, if you like, out
- 11:38Speaker 15: of all proportion to the realities we face. I think
- 11:41Speaker 15: Australians are interested in what can help bring down their
- 11:44Speaker 15: power prices and help us lower emissions at the same time,
- 11:47Speaker 15: and that's something that we are interested in as liberals
- 11:49Speaker 15: as well. That's the sort of argument we should be having,
- 11:52Speaker 15: not about something that's an international goal which we don't
- 11:55Speaker 15: know if the world will meet, which, like many international commitments,
- 11:59Speaker 15: is a sort of an aspiration or a stretch target.
- 12:01Speaker 15: I don't think we should become too fixated on that,
- 12:03Speaker 15: and I think if we do, it will be to
- 12:05Speaker 15: our detriment as a political movement.
- 12:07Speaker 3: Right, I understand, I completely perfectly understand why people do
- 12:10Speaker 3: want to know how their power bills are going to
- 12:12Speaker 3: be brought down. But the thing is, Senator, You've got
- 12:15Speaker 3: countries now around the world pulling out. They say that
- 12:17Speaker 3: they can no longer reach those targets. So why should
- 12:20Speaker 3: Australia also just stand idly by when we're not a
- 12:24Speaker 3: big emitter.
- 12:29Speaker 15: Look, you know the United States has pulled out of
- 12:32Speaker 15: this agreement. I'm not aware of any other countries with
- 12:34Speaker 15: binding targets that have done so. I could argue that
- 12:37Speaker 15: China and India don't have binding targets. I don't believe
- 12:41Speaker 15: New Zealand has withdrawn, but I stand to be corrected there.
- 12:44Speaker 14: It might be debate, but okay, I'll accept that then.
- 12:52Speaker 15: But look New Zealand's I mean, I believe we should
- 12:55Speaker 15: be a good international citizen. If the world decides this
- 12:58Speaker 15: is not reachable, then of course we should reconsider our position.
- 13:01Speaker 15: I don't think we should be the last country in,
- 13:03Speaker 15: but I don't think we should be the first country
- 13:04Speaker 15: in fair enough.
- 13:06Speaker 2: Look, I just want to go back on nuclear.
- 13:08Speaker 3: I mean that there are moderates in the party wanting
- 13:09Speaker 3: nuclear to be dumped altogether. If you don't differ differentiate
- 13:14Speaker 3: your energy policies from labor, how will you be able
- 13:16Speaker 3: to win elections moving forward?
- 13:20Speaker 14: Well, I'd say to begin with it.
- 13:22Speaker 15: Firstly, I think we've shown a lot more enthusiasm for
- 13:25Speaker 15: gas than labor has, and gas is a key transition fuel.
- 13:27Speaker 15: But if you can bring on more supplies of gas,
- 13:30Speaker 15: you will bring down the price of electricity and a
- 13:33Speaker 15: number and prices or input prices for a number of
- 13:35Speaker 15: industries that rely upon gas as well as that use
- 13:38Speaker 15: a large amount of energy. So I think gas is
- 13:40Speaker 15: a key differentiator nuclear. I mean I think nuclear energy
- 13:43Speaker 15: should be in the mix bit. It should be on
- 13:44Speaker 15: a commercial competitive basis, which is how a market should run.
- 13:48Speaker 15: So I don't support having a legislative prohibition or nuclear power,
- 13:54Speaker 15: but I think we should overturn that and then allow
- 13:57Speaker 15: the market to decide. I mean nuclear should be able
- 13:59Speaker 15: to compete on a level in cost terms and reliability,
- 14:02Speaker 15: terms and other terms as the same as cole, the
- 14:06Speaker 15: same as gas, the same as hydra, the same as solar.
- 14:08Speaker 15: And I think if we have a level playing field
- 14:10Speaker 15: like that, we can let the market and private capital
- 14:13Speaker 15: determine what's the best way forward.
- 14:14Speaker 14: And that's what we're as Liberals should be about.
- 14:18Speaker 3: Yeah, I want to talk about the coalition agreement that
- 14:20Speaker 3: the Liberals have agreed in principle to the Nationals Party's
- 14:24Speaker 3: four key demands. David Little Proud was on the show
- 14:27Speaker 3: last night and he really seemed to still leave the
- 14:30Speaker 3: door open.
- 14:30Speaker 2: This is what he said.
- 14:32Speaker 6: So what I'll do is finalize the rest of the
- 14:35Speaker 6: negotiations with Susan Lee. They'll be presented to the party
- 14:38Speaker 6: room and the party room will make their determination whether
- 14:41Speaker 6: they wish to re enter the coalition or not in
- 14:43Speaker 6: the ensuing days.
- 14:45Speaker 3: The Senator, it sounds, by what David Little Proud said
- 14:48Speaker 3: that it's not a done deal as such.
- 14:50Speaker 2: I mean, is that your take?
- 14:51Speaker 3: I mean, how confident are you of being able to
- 14:53Speaker 3: come to an agreement.
- 14:58Speaker 15: Look, I'm relatively confident both sides, Liberals and Nationals, And
- 15:02Speaker 15: obviously I can only speak with authority for my own
- 15:04Speaker 15: not on behalf of the Nationals recognize that a coalition
- 15:08Speaker 15: is in our mutual political interest but also in the
- 15:11Speaker 15: national interests. And we've as the Liberal party room have
- 15:14Speaker 15: certainly given our leader, Susan Ly, you know, the full
- 15:17Speaker 15: mandate to go out and close this deal if you like.
- 15:20Speaker 14: With the Nationals.
- 15:20Speaker 15: Now you know what the internal processes they are that
- 15:24Speaker 15: they need to go through, and what level of consultation
- 15:28Speaker 15: David Littleproton needs to have with his own party members
- 15:30Speaker 15: and party room. You know, that's a matter for him
- 15:33Speaker 15: and entirely appropriately a matter for him. But I'm confident
- 15:36Speaker 15: that you know, we recognize that we are better served
- 15:40Speaker 15: being together in partnership than we are going our own ways,
- 15:43Speaker 15: and ultimately that larger collective interest will prevail here.
- 15:46Speaker 9: Yeah.
- 15:47Speaker 3: Absolutely, And as you said earlier, getting back to talking
- 15:49Speaker 3: about labor and not talking about yourselves. You know, it's
- 15:52Speaker 3: been week since the election, so hopefully in agreement can
- 15:54Speaker 3: be met. Speaking of Susan Lee, she will elevate fresh
- 15:58Speaker 3: talent into her shadow ministry, an announcement expected later this week.
- 16:02Speaker 3: Will everyone be happy, Senator.
- 16:08Speaker 15: I don't know, to be honest, you know, I think, Look,
- 16:13Speaker 15: I think Susan has shown herself to be a consultative
- 16:17Speaker 15: leader who is interested in making sure that we learn
- 16:21Speaker 15: and then heed the lessons from the last election, that
- 16:24Speaker 15: we give younger members of Parliament and newer members of
- 16:28Speaker 15: Parliament an opportunity to develop, but also show their wars
- 16:31Speaker 15: and reposition ourselves. And ultimately, I mean, you know the
- 16:35Speaker 15: nature of these things is there's more people than there
- 16:37Speaker 15: are positions, and so I expect there will be some
- 16:40Speaker 15: people who are disappointed, but ultimately I think we will
- 16:43Speaker 15: all respect the decision that the leader reaches on these things.
- 16:47Speaker 3: Yeah, of course, I mean that's fair enough. Interesting news
- 16:50Speaker 3: this afternoon Sky News has revealed that Liberal Senator just
- 16:53Speaker 3: Into nampajimper Price was offered the chance to contest a
- 16:57Speaker 3: lower House seat by the Liberal Party eighteen months ago,
- 17:00Speaker 3: follows her recent defection from the Nationals. Senator former Opposition
- 17:04Speaker 3: leader Peter Dutton discussed with her running for either the
- 17:07Speaker 3: seat of Lingiari or Solomon. Does that clear up claims
- 17:10Speaker 3: of betrayal by the Nationals. It sounds like it actually
- 17:14Speaker 3: has been in the works for some time.
- 17:20Speaker 15: Well, my understanding is it. Look, firstly, Jacinta did run
- 17:23Speaker 15: for the Lower House seat of Lingiara in the twenty
- 17:26Speaker 15: nineteen election for the Country Liberals and then she was
- 17:29Speaker 15: elected in twenty twenty two as a Senator for the
- 17:31Speaker 15: Country Liberals. And my understanding is, you know, that allows
- 17:36Speaker 15: her to sit in either party room, the Nationals or
- 17:38Speaker 15: the Liberals party room. It's a little unusual. I think
- 17:40Speaker 15: the LMP is like that in some respects, but not all.
- 17:43Speaker 15: You're often pre selected indicating which party room you'll sit in.
- 17:47Speaker 15: But as far as I'm concerned, I mean, you know,
- 17:50Speaker 15: Jacinta was perfectly entitled to sit in the Nationals party room,
- 17:54Speaker 15: and she's perfectly entitled to sit in the Liberals party room.
- 17:56Speaker 15: And she's perfectly entitled to exercise her choice in consultation
- 18:00Speaker 15: with the Country Liberals leadership, and I think, you know,
- 18:02Speaker 15: her choice there should be respected, and we certainly welcome
- 18:06Speaker 15: her into the Liberal party room and have done so.
- 18:09Speaker 15: And clearly it's important that if that has left any
- 18:12Speaker 15: feelings of ill will or animosity with the Nationals, and
- 18:16Speaker 15: I can understand if it has, then we need to
- 18:18Speaker 15: try and get over that pretty quickly because we need
- 18:21Speaker 15: to be all working together and on the same team.
- 18:24Speaker 2: Yeah, okay, Well, look, as I said, we're standing by.
- 18:26Speaker 3: We're waiting to find out what happens with the coalition
- 18:29Speaker 3: this week. It's wish we could get a box seed
- 18:31Speaker 3: into that meeting.
- 18:32Speaker 2: It'll be great. Dave Shama, good to catch up with you.
- 18:35Speaker 3: Thank you so much for joining me on the show
- 18:37Speaker 3: this evening.
- 18:37Speaker 2: Really appreciate it. Well. I want to talk now.
- 18:40Speaker 3: About labors super tax on unrealized gains. Now, this is
- 18:44Speaker 3: nothing more than a dangerous cash grab on superannuation accounts
- 18:48Speaker 3: over three million dollars. It's unindexed, meaning more and more
- 18:52Speaker 3: people will fall through the trap, and now more and
- 18:55Speaker 3: more economists are warning against it. Joining me is Dimitri
- 18:59Speaker 3: Birchstein from Eminence Advisory. Dimitri, thank you so much for
- 19:02Speaker 3: joining me. Look, I think that these taxes are very sneaky.
- 19:05Speaker 3: Break it down for us and explain what exactly it
- 19:08Speaker 3: all means.
- 19:10Speaker 16: Sneaky, not so much destructive, very much so. It has
- 19:14Speaker 16: the smell of a Yes Minister idea to it, with
- 19:16Speaker 16: the Treasury designing at tax that is at once both
- 19:19Speaker 16: morally repugnant, administratively complex, and economically destructive, and then inviting
- 19:24Speaker 16: the Minister to make a courageous decision. The reality, however,
- 19:27Speaker 16: is that the tax is unlikely to generate the revenue
- 19:30Speaker 16: projected because people will adapt to minimize the impact on them.
- 19:33Speaker 16: In the meantime, it'll be a business development bonanza for
- 19:37Speaker 16: the accountants, lawyers, valuers and financial planners who advise people
- 19:41Speaker 16: how to minimize their tax. You know, as Kerry Packers
- 19:44Speaker 16: said some thirty five years ago, if anyone in this
- 19:46Speaker 16: country is not minimizing their tax, they want their heads read.
- 19:49Speaker 16: The most offensive part of this tax is that will
- 19:51Speaker 16: be calculated, as you've noted, on both realized and unrealized income,
- 19:56Speaker 16: that is, paper profits which may be fleeting and when
- 19:58Speaker 16: the super annuent may not necessarily have the cash to
- 20:01Speaker 16: meet their liability.
- 20:03Speaker 3: Well that's a really good point and I just think
- 20:04Speaker 3: it's like socialism by stealth, really And given it's not indexed,
- 20:09Speaker 3: how big of an impact will that have.
- 20:13Speaker 16: Oh, it's pretty big. But it's part of the you know,
- 20:15Speaker 16: expanding socialist tapestry covering more and more of the Australian economy.
- 20:19Speaker 16: It will just add to the government's tax take all
- 20:22Speaker 16: a bit, not as much as originally envisaged, to enable
- 20:25Speaker 16: an ever growing government to spend ever more. The non
- 20:28Speaker 16: indexation is just but one of the horrible elements of
- 20:31Speaker 16: the design of this tax, and it will have just
- 20:33Speaker 16: introduced bracket creep into superannuation. Most people, I mean as
- 20:37Speaker 16: recently as the as the last election spoke of the
- 20:41Speaker 16: bad economic effects of bracket creep on income tax. This
- 20:44Speaker 16: will just now do the same thing to superannuation. And
- 20:47Speaker 16: you know, Jim Chalmers, the Treasurer, recently has acknowledged this
- 20:50Speaker 16: and said it will just provide the government governments of
- 20:53Speaker 16: the day with the political opportunity to you know, offer
- 20:56Speaker 16: tax cuts in the future, thus asking Australians to the
- 21:00Speaker 16: government for giving them back what was unjustly taken in
- 21:02Speaker 16: the first place.
- 21:03Speaker 3: Yeah, it's robbing payter to pay poll Really, is it
- 21:07Speaker 3: just a new means of taxing do you think even
- 21:09Speaker 3: in other areas before it's even realized.
- 21:14Speaker 16: Look, it's not the only tax on unrealized gains. For example,
- 21:19Speaker 16: land taxes and council rates work on the same mechanism.
- 21:23Speaker 16: They do evaluation of your land once a very couple
- 21:25Speaker 16: of years. But it's again the problem is it's based
- 21:28Speaker 16: on a subjective assessment of valuers. And if you want
- 21:31Speaker 16: to clog up the courts, just wait until people start
- 21:34Speaker 16: disputing their assessments. But the amounts involved in land tax
- 21:39Speaker 16: and council rates are much much smaller than what we're
- 21:42Speaker 16: talking about here, and they're not charged on their own home.
- 21:45Speaker 16: So the number of people who are going to be
- 21:47Speaker 16: captured is much higher, is much lot is low, but
- 21:52Speaker 16: it's not much thinner base. But this is for the
- 21:55Speaker 16: same the reason why I and many others strongly oppose
- 21:59Speaker 16: the idea of swapping stamp duty for land tax, because
- 22:02Speaker 16: it'll just be like the superannuation tax on steroids.
- 22:06Speaker 2: Oh, it's an absolute shambles.
- 22:08Speaker 3: And the other thing is I don't think it's going
- 22:10Speaker 3: to get through the Senate without the Greens. But even then,
- 22:13Speaker 3: the Greens could add all sorts of demands on tour.
- 22:16Speaker 3: We know that they love at tax.
- 22:20Speaker 16: That's true, and I will note that the Greens before
- 22:23Speaker 16: the election said they want the threshold to be two
- 22:25Speaker 16: million dollars rather than three million dollars. But we are
- 22:28Speaker 16: talking about the Greens, and you never know what they're
- 22:30Speaker 16: going to come up with. They could ask, for example,
- 22:32Speaker 16: for free vegan school lunches, or to put Marine Ferruki's
- 22:35Speaker 16: face on the ten dollar note. You just never know.
- 22:38Speaker 16: With the Greens.
- 22:39Speaker 3: Well, that would be an absolute disaster, dislike these taxes.
- 22:43Speaker 3: You're absolutely spot on. You just don't know with these Greens.
- 22:46Speaker 3: Dmitri Birchstein, nice to catch up. Thank you very much
- 22:49Speaker 3: for joining me on the show this evening. Really appreciate it.
- 22:52Speaker 2: Yeah. It's a worry, isn't it.
- 22:53Speaker 3: We've been warned so with us coming up after the break,
- 22:56Speaker 3: more than one hundred planned renewable energy projects across Queensland
- 23:00Speaker 3: and could be axed. I'll get Tim Blair's thoughts next.
- 23:08Speaker 3: Jordaan Now is the Daily telegraphs Tim Blair.
- 23:11Speaker 2: Tim, thank you for joining me.
- 23:13Speaker 3: I want to start with your column today talking about
- 23:15Speaker 3: those awful murders of two Israeli embassy staffers in Washington,
- 23:19Speaker 3: d C. You wrote in your column you said left
- 23:22Speaker 3: wing activists were once so sensitive and delicate they wanted
- 23:26Speaker 3: trigger warnings attached to everything and everyone. But now those
- 23:29Speaker 3: same snowflakes have become pro Hamas cheerleaders who revel in
- 23:33Speaker 3: the butchery of their leaders and foot soldiers.
- 23:36Speaker 2: And look, you know you spot on.
- 23:37Speaker 3: There were several Australian pro Palestine activists who had absolutely
- 23:42Speaker 3: no sympathy for the brutal murders of those embassy staffers.
- 23:46Speaker 2: What does it say more broadly about the left.
- 23:49Speaker 1: It says that they're liars, that they'll they'll adopt any
- 23:52Speaker 1: sort of posture that is to their advantage, but with
- 23:55Speaker 1: no moral or factual or ethical underpinning. So you know,
- 23:58Speaker 1: as you mentioned, we did have. We had this whole
- 24:01Speaker 1: snowflake year that lasted right up until Loctober seven. I'm
- 24:05Speaker 1: Lottoba seven, twenty twenty three, when we had people who
- 24:08Speaker 1: needed safe rooms, for example, at universities. They needed trigger
- 24:11Speaker 1: warnings in case there was something in a university text
- 24:15Speaker 1: that was going to scare them. They needed protection from
- 24:19Speaker 1: controversial speakers. You know, someone like Jordan Peterson was going
- 24:22Speaker 1: to talk at a university. They'd all cry and scream
- 24:26Speaker 1: about it. They were in a perpetual state of terror.
- 24:29Speaker 1: And then butchers invaded Israel and slaughtered and raped and
- 24:33Speaker 1: kidnapped people, and they were fine with it. Turns out
- 24:36Speaker 1: that's all cool. It was all the other things, you know,
- 24:39Speaker 1: the wrong pronouns frightened them, but butcher's aimed with knives
- 24:43Speaker 1: and rifles didn't scare them at all, because they were killing.
- 24:46Speaker 1: In the eyes of these activists they were killing the
- 24:49Speaker 1: right people.
- 24:50Speaker 3: Yeah, look, you're not wrong, it's I just think it's
- 24:53Speaker 3: absolutely appalling and we can't forget as well. There are
- 24:57Speaker 3: still hostages being held, and yet the.
- 25:00Speaker 2: Topic always does veers off, veers off.
- 25:03Speaker 3: In another direction. Let's change pace a little bit here.
- 25:06Speaker 3: More than one hundred renewable energy projects across Queensland could
- 25:10Speaker 3: be ACXD. It comes just after the state government acts
- 25:13Speaker 3: the one billion dollar eighty eight turbine Moonlight Range wind
- 25:16Speaker 3: farm tim This is fascinating to me because new laws
- 25:20Speaker 3: introduced last month can be applied retrospectively, meaning more and
- 25:24Speaker 3: more projects are in the firing line. The government says, well,
- 25:26Speaker 3: if they don't meet community expectations, they're going to be scrapped.
- 25:30Speaker 3: And I say, Hallelulia are good on David Chris of
- 25:34Speaker 3: Fooley for taking a stand on this.
- 25:37Speaker 1: Yes, well, you know it's kind of cute, isn't it
- 25:39Speaker 1: that renewable energy isn't renewable. It can't just renew itself,
- 25:43Speaker 1: can it? And Plus so I guess the fact that
- 25:46Speaker 1: renewable energy doesn't exist unless old fashioned energy builds it.
- 25:49Speaker 1: You know, you can't you can't knock together a wind
- 25:51Speaker 1: turbine such as we're seeing now using wind time turbine energy,
- 25:55Speaker 1: for example. You can't. You can't fuse the metal and
- 25:57Speaker 1: do do all the high high level fan we work
- 26:00Speaker 1: required to build such things with the relatively measly stuff
- 26:04Speaker 1: you get from there. I guess, just to your point, Zanika,
- 26:08Speaker 1: the real issue is why do we go so deep
- 26:10Speaker 1: on this stuff in the first place. If at such
- 26:13Speaker 1: an early stage, relatively early stage, we're having to bail,
- 26:17Speaker 1: what was the whole point in overinvesting there in so
- 26:20Speaker 1: many areas, especially when Australia had so many decades left,
- 26:25Speaker 1: of centuries left of traditional energy. We've made terrible mistakes,
- 26:30Speaker 1: and I'm with you, you know how old are you. We're
- 26:32Speaker 1: waking up to ourselves. But my god, the amount of
- 26:34Speaker 1: money we're blown in the meantime, it boggles the mind.
- 26:37Speaker 2: And we're still going to blow money on it.
- 26:38Speaker 3: I mean, it's going to rack up hundreds of billions
- 26:41Speaker 3: of dollars to push for this renewables fantasy over years
- 26:45Speaker 3: and years and years, and we're not getting banged for
- 26:47Speaker 3: our buck. We know that we're not getting a good
- 26:49Speaker 3: return on investment already, and we're just plunging ourselves more
- 26:53Speaker 3: into darkness as we go along under labor.
- 26:56Speaker 2: Now, look, this is hilarious.
- 26:57Speaker 3: The Australian Electual Commission will carry out a partial recount
- 27:01Speaker 3: in the Melbourne seat of Goldstein after a request from
- 27:05Speaker 3: Independent Zoe Daniel. I mean, look to me, she just
- 27:09Speaker 3: sounds like a sore loser, especially given her premature celebrations
- 27:13Speaker 3: after the election.
- 27:14Speaker 2: Have a look.
- 27:27Speaker 3: Oh, it's an absolute shocker, tim, It's an absolute shocker.
- 27:31Speaker 3: Every time I watch it, I cringe. But look how
- 27:33Speaker 3: embarrassing for her. Now she wants a recount. The Electoral
- 27:36Speaker 3: Commission said, all right, we'll give you a partial recount.
- 27:39Speaker 2: I just think bow out gracefully.
- 27:42Speaker 16: Well.
- 27:42Speaker 1: As a few people have pointed out online, Zoe was
- 27:46Speaker 1: very much against Donald Trump, you know, trying to claim
- 27:50Speaker 1: victory in twenty twenty when the vote didn't go as
- 27:53Speaker 1: way like you do. I think I think one of
- 27:55Speaker 1: our lines was along the lines of, you know, take
- 27:58Speaker 1: your loss, take it on the chin, move on, don't
- 28:00Speaker 1: don't be, don't be throwing the electoral process into into
- 28:03Speaker 1: into disruption. And yet now we have exactly the same thing.
- 28:07Speaker 1: But that, ye man, I think it all comes down
- 28:09Speaker 1: to the dancing Danika, And I'm not I'm not one
- 28:13Speaker 1: to profess any great expertise in that area, but I
- 28:16Speaker 1: think even I wouldn't wouldn't try some steps which ously
- 28:19Speaker 1: I think she was risking whiplash at some point. Those
- 28:21Speaker 1: those neck movements were I don't think they were. They
- 28:24Speaker 1: were a healthy way to go on the dance floor.
- 28:26Speaker 3: No, I mean we don't want to, you know, I
- 28:27Speaker 3: don't want to get a neck put out of a joint.
- 28:30Speaker 3: She's already got a nose out a joint over the
- 28:32Speaker 3: count to kind of anything else out of joint.
- 28:34Speaker 2: Tim, Now, look, I want to return to I.
- 28:37Speaker 3: Spoke about this earlier, this awful, awful incident over in
- 28:40Speaker 3: Liverpool in the UK, where fifty people have been injured,
- 28:43Speaker 3: including children, after a car rammed into crowds. Look, Tim,
- 28:47Speaker 3: it's not being treated as terrorism, but police believe it
- 28:50Speaker 3: was deliberate. I can't even count how many times this
- 28:53Speaker 3: sort of attack has happened in recent years.
- 28:57Speaker 2: The thing is, we put up bollards here.
- 28:58Speaker 3: Than there and everywhere, but surely it shouldn't have to
- 29:02Speaker 3: come to that.
- 29:04Speaker 1: It certainly shouldn't. And Liverpool is like most larger European
- 29:09Speaker 1: especially British Centeric cities. Liverpool's fairly secure. I mean, you know,
- 29:13Speaker 1: I've wanted around there and it's kind of apparent that
- 29:17Speaker 1: the place is not open generally to attack. It's there's
- 29:21Speaker 1: a relatively large police presence. Buildings are secured. Again, just
- 29:26Speaker 1: just to say that, in most larger European and British
- 29:29Speaker 1: cities it is just like that. So whatever lapse has
- 29:32Speaker 1: occurred here to allow a van that sort of access,
- 29:36Speaker 1: and we've all seen horribly, you know, through through you know,
- 29:41Speaker 1: our disbelieving eyes. We've all seen the footage. And just
- 29:45Speaker 1: the fact that it got so close, even without any
- 29:49Speaker 1: kind of horrific conclusion, just so I've got close enough,
- 29:53Speaker 1: is damning in some regard. But yeah, how to fix it?
- 29:57Speaker 1: Did you lockdown entire cities night all freedoms?
- 30:01Speaker 9: We don't know.
- 30:03Speaker 3: Well, that's the thing, I mean, And if it's not terrorism,
- 30:06Speaker 3: we can't just say oh it was mental health, that's
- 30:08Speaker 3: not an excuse. And you can't lock down entire cities.
- 30:10Speaker 3: You can't border us up with bollards here there and everywhere,
- 30:13Speaker 3: you know. I mean, look, I don't know what the
- 30:15Speaker 3: answer is, but certainly there's been a number of attacks
- 30:19Speaker 3: like this in recent years, that's for sure, Tim Blair, good.
- 30:22Speaker 2: To speak with you.
- 30:23Speaker 3: Thank you so much for joining me on the show
- 30:25Speaker 3: this evening. Really appreciate it well. Coming up after the break,
- 30:28Speaker 3: we'll head to the US as Donald Trump lashes out
- 30:30Speaker 3: at Vladimir Putin and Joe Biden makes his first public
- 30:34Speaker 3: appearance since he was diagnosed with prostate cancer.
- 30:36Speaker 2: That's next. Let's head to.
- 30:43Speaker 3: Boston now and catch up with Sky News contributor Kristen Tate.
- 30:46Speaker 2: Kristin, it's good to see you. Thanks for joining me.
- 30:49Speaker 3: Look, it seems as though Donald Trump has almost had
- 30:52Speaker 3: it with Vladimir Putin. He's called the Russian president crazy,
- 30:57Speaker 3: following it up with this swipe.
- 30:58Speaker 2: Have a listen.
- 31:00Speaker 10: And I'm not happy with what Putin's doing.
- 31:03Speaker 7: He's killing a lot of people and I don't know
- 31:04Speaker 7: what the hell happened to Putin. I've known him a
- 31:06Speaker 7: long time, always.
- 31:08Speaker 2: Gotten along with him.
- 31:09Speaker 7: But he's sending rockets into cities and killing people, and
- 31:13Speaker 7: I don't like it at all. Okay, we're in the
- 31:16Speaker 7: middle of talking and he's shooting rockets and to Giev
- 31:19Speaker 7: and other cities.
- 31:20Speaker 14: I don't like it at all.
- 31:22Speaker 3: And Christen, it's been obviously a fraud relationship. There's been
- 31:25Speaker 3: at times where Donald Trump has supported Putin, now not
- 31:28Speaker 3: so much. What's been the reaction to the president's latest comments.
- 31:33Speaker 11: Look, I mean, the left loves to call Trump a
- 31:36Speaker 11: Russian stooge, but under the surface, Trump and Putin don't
- 31:39Speaker 11: trust each other. And you know, during his first term,
- 31:41Speaker 11: all we have to do is look at Trump's track record.
- 31:44Speaker 11: He had the most forceful anti Russia policy since Ronald Reagan.
- 31:48Speaker 11: He authorized lethal age Ukraine, he sanctioned the nord Stream
- 31:53Speaker 11: two pipeline. So I'm not particularly surprised to hear these
- 31:57Speaker 11: comments from Trump, as you know the people in the
- 31:59Speaker 11: me But you know, I do believe that Trump maybe
- 32:04Speaker 11: didn't realize how nuanced this situation was or how complicated
- 32:08Speaker 11: it would be.
- 32:08Speaker 9: To resolve before he got into office.
- 32:11Speaker 11: On the campaign trail, he repeatedly said he would resolve
- 32:13Speaker 11: this conflict on day one.
- 32:15Speaker 9: Clearly that hasn't happened.
- 32:17Speaker 11: And perhaps by saying that, Trump actually set himself up
- 32:20Speaker 11: for failure by setting some unrealistic expectations, shall we say.
- 32:25Speaker 3: Yeah, I think that's probably the best way to put it. Clearly, Look,
- 32:29Speaker 3: let's talk about Joe Biden. He has made his first
- 32:33Speaker 3: a public appearance since he was diagnosed with prostate cancer,
- 32:36Speaker 3: attending his grandson's.
- 32:38Speaker 2: High school graduation.
- 32:40Speaker 3: But on the other side, singing end journalist and one
- 32:43Speaker 3: of the authors of Original Sin, Jake Tapper has had
- 32:46Speaker 3: a revelation of sorts. Now he is claiming that politicians lie.
- 32:53Speaker 2: Well, who would have thought have a listen to this?
- 32:56Speaker 17: And I think that we need to be skeptical of
- 32:59Speaker 17: every saying that we are told by people in power.
- 33:03Speaker 17: And I mean that obviously should be the mantra of
- 33:06Speaker 17: being a journalist to begin with. If your mother tells
- 33:09Speaker 17: you she loves you, get a second source. But we
- 33:11Speaker 17: just need to remember that, like politicians lie, white houses lie,
- 33:16Speaker 17: power is an afrodisiac, and we just need to all
- 33:19Speaker 17: remember that.
- 33:21Speaker 3: Honestly, Christen, I just think this guy is like a
- 33:24Speaker 3: used car salesman. This book to up becomes facical and
- 33:28Speaker 3: more fascical as he goes along waffling on about all things.
- 33:34Speaker 3: And now he's signed politicians lie.
- 33:37Speaker 2: I mean, what's the next excuse?
- 33:40Speaker 13: Oh?
- 33:40Speaker 11: I know, I'm so glad that Jake Taffer is finally
- 33:43Speaker 11: interested in being a journalist.
- 33:45Speaker 9: That's incredible. But honestly, I mean, do we really think
- 33:48Speaker 9: this book.
- 33:49Speaker 11: Or any of the other ones like it would have
- 33:51Speaker 11: come out if Joe Biden had won the election.
- 33:53Speaker 9: Absolutely not.
- 33:55Speaker 11: As I wrote about in my Sky News column this week,
- 33:58Speaker 11: the media, most of the media, the ones at writing books,
- 34:01Speaker 11: they're busying themselves in the US right now writing all
- 34:03Speaker 11: these stories about rapper P.
- 34:05Speaker 9: Diddy's legal problems.
- 34:07Speaker 11: And you know, all these other things that just don't
- 34:10Speaker 11: matter to Americans, like Bill Belchick, this football coach's girlfriend.
- 34:15Speaker 9: They are completely ignoring.
- 34:16Speaker 11: What's in front of their faces with Joe Biden, which
- 34:19Speaker 11: is I believe one of the biggest scandals in American
- 34:22Speaker 11: political history, which is that there is a real chance,
- 34:25Speaker 11: not for sure, but a chance that the President of
- 34:27Speaker 11: the United States, the former one, Joe Biden, actually had
- 34:31Speaker 11: cancer in office and was not disclosing that to the
- 34:33Speaker 11: American people, perhaps that it was covered up by his wife,
- 34:36Speaker 11: Joe Biden, his doctors, and his handlers. And there's just
- 34:39Speaker 11: a complete disinterest in that story by the media.
- 34:42Speaker 9: It's disgusting.
- 34:44Speaker 3: Yeah, and they should be a full investigation as to who,
- 34:46Speaker 3: who knew what and when.
- 34:48Speaker 2: They shouldn't get away with it. Now.
- 34:50Speaker 3: I don't know what Australia, ever, did to the US
- 34:53Speaker 3: to receive Kamala Harris's presence over the way Ken, Yet
- 34:57Speaker 3: she was here on the Gold Coast sharing her pearls
- 35:00Speaker 3: of wisdom at a real estate conference. Nonetheless, the former
- 35:04Speaker 3: Vice president took a swipe at Donald Trump and even
- 35:06Speaker 3: joked about her employment situation.
- 35:09Speaker 2: Have a look, as I said.
- 35:11Speaker 7: I think your best work is a hinterview for sure
- 35:13Speaker 7: one percent.
- 35:16Speaker 3: Un Now, Kristen Firs, I'm surprised we even got her
- 35:25Speaker 3: down Under for a real estate conference.
- 35:26Speaker 2: I'm not sure what her expertise is in.
- 35:28Speaker 3: Real estate and property, but apparently but you know another
- 35:32Speaker 3: word salad, another word salad, that's right.
- 35:36Speaker 2: Yeah.
- 35:36Speaker 11: I am also shocked that she was invited to speak
- 35:38Speaker 11: at this conference. She is literally an expert in nothing.
- 35:41Speaker 11: The only reason she became the vice president is because
- 35:44Speaker 11: Joe Biden boxed himself in by speeding on the campaign
- 35:48Speaker 11: trail that.
- 35:49Speaker 9: He wanted a black.
- 35:51Speaker 11: Female as his running meat, and that limited his choices dramatically.
- 35:56Speaker 11: She is the classic DEI failure that we are in America.
- 36:02Speaker 11: We realize at this point that she speaks in words salads.
- 36:05Speaker 9: She says a whole bunch of long sounding words that
- 36:08Speaker 9: mean absolutely nothing, and she is just so embarrassing and
- 36:13Speaker 9: so boring to listen to.
- 36:15Speaker 11: Actually, so I apologize that you had to deal with
- 36:20Speaker 11: her in your country for that trip.
- 36:22Speaker 3: As I said, I don't know what we did to
- 36:23Speaker 3: the US to deserve Kamala Harris down here in Australia,
- 36:27Speaker 3: haven't there You go, Kristen Tate, it's been nice to
- 36:29Speaker 3: catch up with you.
- 36:30Speaker 2: Thanks so much for joining me on the show this evening.
- 36:33Speaker 9: Thank you so much for having me.
- 36:36Speaker 3: Coming up after the break, my panel will discuss the
- 36:38Speaker 3: future for the Coalition.
- 36:39Speaker 2: Plus could the work from Home revolution be here to stay?
- 36:42Speaker 2: That's next.
- 36:48Speaker 3: Well, let's bring in our panel out Susie O'Brien from
- 36:50Speaker 3: The Herald Sun and Radio two Double Seat Breakfast host
- 36:53Speaker 3: Stephen Senna Tiempo.
- 36:55Speaker 2: Hi to both of you. Thank you so much for
- 36:57Speaker 2: joining me.
- 36:57Speaker 3: I want to start by talking about the coalition It's
- 37:00Speaker 3: energy policies, what happens forward. Stephen, I was speaking with
- 37:04Speaker 3: Dave Shalma earlier, and I'll clarify that what I was
- 37:08Speaker 3: saying to him was that New Zealand has effectively dropped
- 37:10Speaker 3: net zero by revoking a ban on drilling for oil
- 37:13Speaker 3: and gas, which does mark an end to a policy
- 37:16Speaker 3: that was announced by the former Prime Minister of Cinder Arderam.
- 37:19Speaker 3: But we're seeing, you know, the US pull out of
- 37:21Speaker 3: net zero by twenty fifty. The coalition Stephen claims it's
- 37:25Speaker 3: all back together, But I mean, how does it move
- 37:28Speaker 3: forward with energy policy when you've got Nats wanting to
- 37:31Speaker 3: pull out of net zero, You've got the Libs who
- 37:33Speaker 3: want to say winning over these seats, particularly the inner
- 37:37Speaker 3: city seats at the Independence one. How do you see
- 37:40Speaker 3: this all playing out?
- 37:42Speaker 7: Well, well, they're not back together one hundred percent yet,
- 37:44Speaker 7: let's make that clear. But look, the easy thing and
- 37:47Speaker 7: I made this comment on my program this morning that
- 37:49Speaker 7: they have to pull out of net they have to
- 37:50Speaker 7: abandon net zero. But it's a double ed sword because
- 37:53Speaker 7: you've got to be able to sell the message. Now
- 37:55Speaker 7: that was their biggest problem in the lead.
- 37:56Speaker 1: Up to the election.
- 37:57Speaker 7: It wasn't necessarily that the policies that had were bad
- 38:00Speaker 7: as such, were just they couldn't sell them. Now they
- 38:02Speaker 7: didn't have enough of them obviously, but they can still
- 38:05Speaker 7: win over those in the city seats with a message
- 38:07Speaker 7: that says net zero by twenty fifty is not possible,
- 38:10Speaker 7: particularly under the current government's plan. Even their experts admit that.
- 38:14Speaker 7: But you've got to change the narrative away from these
- 38:18Speaker 7: ridiculous targets and say, look, we all agree we need
- 38:20Speaker 7: to reduce pollution, we need to reduce emissions. We need
- 38:23Speaker 7: to find the best way to do that and keep
- 38:26Speaker 7: the lights on at the same time. The messaging needs
- 38:28Speaker 7: to be simple, it needs to be clear, and it
- 38:30Speaker 7: needs to be honest. That's what they need to do.
- 38:32Speaker 7: So I think they need to dump net zero, but
- 38:34Speaker 7: they need to be very careful about how they get
- 38:36Speaker 7: the messaging right.
- 38:37Speaker 3: I completely agree with you. It's all in the messaging.
- 38:40Speaker 3: But they just have to differentiate policies from labor otherwise
- 38:43Speaker 3: they are going to be in the wilderness for many
- 38:45Speaker 3: years to come. Susie and Steven's right, Okay, they haven't kissed.
- 38:49Speaker 2: And made up yet.
- 38:50Speaker 3: I think David little Proud was very clear on this
- 38:53Speaker 3: program last night that is almost leaving the door open
- 38:57Speaker 3: waiting to see what happens.
- 38:59Speaker 2: But gee, it's been messy, hasn't it.
- 39:03Speaker 14: Oh, it's been messy.
- 39:04Speaker 18: And you know I was talking to one shadow minister
- 39:07Speaker 18: today and she was saying she's just cooling her heels.
- 39:09Speaker 2: No one knows exactly what's going on.
- 39:11Speaker 18: And you've got experienced ministers, you know, people who've lost
- 39:14Speaker 18: their shadow ministers.
- 39:15Speaker 2: Who've lost their seats.
- 39:16Speaker 18: We've got a whole raft of new talent who are
- 39:18Speaker 18: being foreshadowed. People like Angie Bell from Queensland. She's openly
- 39:23Speaker 18: gay from the Gold Coast. Now she would be a
- 39:25Speaker 18: great asset on the on.
- 39:27Speaker 2: The front bench.
- 39:27Speaker 18: You've got people like Zoe McKenzie Andrew Bragg who was
- 39:33Speaker 18: advocating for an Indigenous voice in Parliament. And you know what,
- 39:36Speaker 18: they may not get the things that they want in policy,
- 39:40Speaker 18: but gee, they'd shake up that party room. And I
- 39:42Speaker 18: would love to see some of these people who are
- 39:45Speaker 18: progressive and young and done other things than just be
- 39:48Speaker 18: political hacks get in there and shake it up.
- 39:51Speaker 2: Oh look, I agree. Gee, you'd want to be a
- 39:53Speaker 2: fly on the wall.
- 39:54Speaker 3: And the party room meeting coming up this week, wouldn't
- 39:56Speaker 3: you to find.
- 39:57Speaker 2: Out what happens.
- 39:59Speaker 3: Stephen su and Lee of course, will unveil her shadow
- 40:01Speaker 3: ministry this week. She's expected to promote plenty of fresh talent.
- 40:06Speaker 2: But once that's done.
- 40:07Speaker 3: Surely they've got to get back to talking about labor
- 40:09Speaker 3: and not themselves.
- 40:11Speaker 16: Yeah.
- 40:11Speaker 7: Absolutely, and that's been the biggest problem here, and they've
- 40:13Speaker 7: got to stop trying to destabilize the National Party room.
- 40:16Speaker 7: I mean, let's be honest about this. This whole blow
- 40:18Speaker 7: up and the coalition was caused by elements within the
- 40:20Speaker 7: Liberal Party, not elements within the National Party. The National
- 40:24Speaker 7: Party stood their ground, they got what they wanted, the
- 40:26Speaker 7: assurances on their four policies, they got the extra seat
- 40:29Speaker 7: on the front bench team. But I think Susan Lee
- 40:31Speaker 7: has got to be very careful how she goes about
- 40:33Speaker 7: putting this team together. I mean, I disagree with Susie.
- 40:35Speaker 7: If she brings Andrew Braggan, you might as well give
- 40:37Speaker 7: the game away. But I think people like Anne Rust
- 40:39Speaker 7: and Sarah Henderson, Zoe mackenzie must be there. There's got
- 40:44Speaker 7: to be a mix of experience and new talent. It's
- 40:46Speaker 7: all well and good to say we need to regenerate,
- 40:49Speaker 7: but the reality is you need to keep some of
- 40:51Speaker 7: those experienced heads that actually know how to write policy
- 40:53Speaker 7: and know how to put their play the game on
- 40:56Speaker 7: the front bench as well. So it's got to be
- 40:57Speaker 7: a bit of a mix. And she can't let her
- 40:59Speaker 7: fat masters pick her front bench for her. She's got
- 41:03Speaker 7: to do it.
- 41:04Speaker 3: I completely agree with you, and you can't just reward
- 41:07Speaker 3: all moderates just because they backed her. That there has
- 41:09Speaker 3: to be also a mix of strong conservatives, strong you know,
- 41:13Speaker 3: senior conservatives within the party as well. I completely agree.
- 41:17Speaker 3: I want to talk to you about this incident in Victoria.
- 41:19Speaker 3: It's been revealed two teenagers were on bail when they
- 41:22Speaker 3: allegedly took part in a machete attack at a Melbourne
- 41:25Speaker 3: shopping center at the weekend. The Herald Son's reporting that
- 41:28Speaker 3: shops have experienced a spike in machete sales ahead of
- 41:31Speaker 3: tomorrow's band. Susie, you're in Melbourne yourself, you know you
- 41:36Speaker 3: would have seen all the reports day in day out
- 41:39Speaker 3: about youth crime. Youth crime is not new, It's been
- 41:42Speaker 3: around for some time and I just think just Cinter
- 41:45Speaker 3: Allen has completely buggered up this whole issue. But how
- 41:50Speaker 3: much of a role does the justice system play?
- 41:54Speaker 18: Look, the whole thing is just an absolute debarcle the
- 41:57Speaker 18: fact that they've now booked forward the Shaddy band. But people,
- 42:01Speaker 18: there's been a rush of spiking in sales for Mitchetties
- 42:06Speaker 18: ahead of the band. I mean that's just an absolute disgrace.
- 42:09Speaker 18: We find out now there's been something like eight people
- 42:13Speaker 18: now arrested as a result of this latest fight at
- 42:17Speaker 18: a shopping center in front of children, in front of
- 42:20Speaker 18: other shoppers, and two of them, at least two of
- 42:22Speaker 18: them were on bail.
- 42:23Speaker 2: Of course they were on bail.
- 42:25Speaker 18: Most of them are. And we've had the most archaic
- 42:28Speaker 18: bail laws in the country in recent years, where people
- 42:32Speaker 18: who are on bail it doesn't actually even matter that
- 42:35Speaker 18: they're on bail, and violating bail doesn't count as an offense.
- 42:39Speaker 2: And you know, there were one person.
- 42:41Speaker 18: Alone, teenager, racking up three hundred offenses in one year alone.
- 42:46Speaker 18: It's an absolute disgrace.
- 42:47Speaker 3: I mean, se this is the problem. Three hundred offenses
- 42:49Speaker 3: in one year alone, in and out of the court.
- 42:51Speaker 3: Slap on the reason back out there. The cycle of
- 42:53Speaker 3: crime just continues over and over against Stephen.
- 42:56Speaker 2: Firstly, where are the parents? I think parents.
- 42:58Speaker 3: Are also as culpable, definitely, and we don't talk about
- 43:01Speaker 3: that enough. But the parents are a problem. But you know, Stephen,
- 43:04Speaker 3: we talk about youth crime all the time. Does a
- 43:06Speaker 3: justice system let us down?
- 43:09Speaker 7: Absolutely it does. We're going to start telling the truth too,
- 43:11Speaker 7: remember eighteen months ago we were pretending that there was
- 43:14Speaker 7: no youth crime problem in Melbourne. Noo, it's just something
- 43:16Speaker 7: that's being made up by conservative commentators. It's not real.
- 43:20Speaker 7: But the other thing too is, you know, look, I
- 43:22Speaker 7: don't know why anybody in the city of Melbourne needs
- 43:25Speaker 7: a machete, because you know, all of those banana plantations
- 43:27Speaker 7: are going to work on around Fitzroy, etcetera. But you know,
- 43:30Speaker 7: banning machetes is not the answer here because clearly what
- 43:33Speaker 7: they do is we're banning machetes immediately, but not until Wednesday,
- 43:36Speaker 7: so you can go out and buy them between now
- 43:38Speaker 7: and then stock up on them. But we need to
- 43:41Speaker 7: remember that machete's are not the problem. It's the people
- 43:43Speaker 7: slashing people with them.
- 43:45Speaker 9: So what are we doing now?
- 43:46Speaker 7: They'll just go out and get baseball bats. Does that
- 43:48Speaker 7: make it any better? We need to start taking our
- 43:51Speaker 7: legal system seriously, and it's right across the country. Here
- 43:54Speaker 7: in the ac two we go something like nine out
- 43:55Speaker 7: of ten people who are arrested are out on bail.
- 43:58Speaker 7: If you've commit an offense when you're on bail, that's it.
- 44:01Speaker 7: You go to jail, no questions asked. We've got to
- 44:03Speaker 7: be fit into about the punishment.
- 44:05Speaker 3: I absolutely agree. I'm surprised that machetes weren't banned in
- 44:09Speaker 3: the first place. To be honest, I was shocked to
- 44:11Speaker 3: find how that needed to be a whole press conference.
- 44:13Speaker 2: To ban them. It just sounds so bizarre.
- 44:16Speaker 3: Now, look, we spent it and then give them a day,
- 44:18Speaker 3: and then give them a day, give them a day,
- 44:19Speaker 3: and sales have gone through the roof. For goodness sake, honestly,
- 44:22Speaker 3: Now look, we spent half the election campaign debating whether
- 44:25Speaker 3: the public servants should work from home, and now a
- 44:28Speaker 3: new report from Deloitte has found it makes for a
- 44:30Speaker 3: happier workforce while saving people an average of five thousand
- 44:33Speaker 3: dollars a year on transport and fuel costs. Look Susie,
- 44:37Speaker 3: I understand hybrid models in particular do work for mums
- 44:40Speaker 3: with kids.
- 44:41Speaker 2: I get it. I'm not a fan of working from home.
- 44:43Speaker 3: I'm always on the side of the employer and I
- 44:46Speaker 3: think it creates a better environment personally to have all
- 44:49Speaker 3: of your staff in the office, so you can actually
- 44:51Speaker 3: foster a good environment and you just don't know what
- 44:54Speaker 3: people are doing back home. But what do you make
- 44:57Speaker 3: of these this report?
- 45:00Speaker 2: Well, I wish.
- 45:00Speaker 18: I bet the Libs wish they had this before the
- 45:02Speaker 18: last election. It might actually make things a little bit.
- 45:05Speaker 2: Better for them.
- 45:06Speaker 18: But it shows that people are saving on average about
- 45:09Speaker 18: five thousand dollars a year. That's a substantial amount of
- 45:13Speaker 18: money by staying at home, and it's estimated that about
- 45:18Speaker 18: eighty percent of people say this is the way of
- 45:20Speaker 18: the future.
- 45:21Speaker 2: It's going to continue.
- 45:22Speaker 18: For at least another two years, and I think it
- 45:24Speaker 18: does make sense that in a titan labor market that
- 45:28Speaker 18: we're offering people who know the right to work a
- 45:31Speaker 18: couple of days from home. There's no reason why people
- 45:33Speaker 18: couldn't do one or two days from home.
- 45:35Speaker 2: It's when it starts.
- 45:36Speaker 18: Being four days from home or five days from home,
- 45:38Speaker 18: you start thinking, Okay, they might be happier, but are
- 45:41Speaker 18: they more productive.
- 45:42Speaker 2: Probably not.
- 45:43Speaker 18: So I think the future is in the balance, and
- 45:46Speaker 18: it has to be people have to earn this right
- 45:49Speaker 18: to be working from home and for it not to
- 45:51Speaker 18: be an automatic handout in any circumstances.
- 45:56Speaker 3: I agree, And I also think as long as the
- 45:57Speaker 3: productivity is there and the meeting their dead lines, and
- 46:00Speaker 3: that's fine. But if it's a free ride to do
- 46:02Speaker 3: nothing at home, I disagree, and I'm always on the
- 46:04Speaker 3: side of the employer on this. Now we've got to
- 46:06Speaker 3: talk about the French president a Manuel mccron being shoved
- 46:10Speaker 3: in the face by his wife, as you can see
- 46:13Speaker 3: there as he was about to exit a plane. It's
- 46:15Speaker 3: gone viral, but he says that there was nothing to it,
- 46:18Speaker 3: that the pair were quote falling around.
- 46:22Speaker 19: We were squabbling and I was joking with my wife
- 46:25Speaker 19: and I'm surprised by it and it becomes some sort
- 46:27Speaker 19: of geoplanetary catastrophe. Everybody needs to calm down and should
- 46:35Speaker 19: really focus on actual news.
- 46:37Speaker 3: Stephen, what is this awkward fun the lover's spat, a
- 46:41Speaker 3: shoving the face apparently is falling around.
- 46:44Speaker 2: What do you think?
- 46:46Speaker 7: Well, look, she's old enough to be his mother, so
- 46:48Speaker 7: she's probably reprimanding him for something. But look, I think
- 46:51Speaker 7: he's just lucky that she didn't throw him down the stairs.
- 46:53Speaker 7: But he's right about one thing. Let's talk about real news,
- 46:55Speaker 7: not about this.
- 46:57Speaker 2: No, okay, fair point, Susie.
- 46:59Speaker 3: What's your take on this alleged falling around incident.
- 47:05Speaker 2: It's hilarious.
- 47:06Speaker 18: They tried to say it was a moment of togetherness.
- 47:08Speaker 8: I'm not.
- 47:09Speaker 18: I'm pretty sure it's illegal tap those kind of moments
- 47:11Speaker 18: of togetherness, and you look at the rest of the footage.
- 47:14Speaker 18: She wouldn't hold his arm going down the stairs. I mean,
- 47:17Speaker 18: this is just embarrassment. And look, it will be a
- 47:20Speaker 18: five minute news item, but what does it tell us about,
- 47:25Speaker 18: you know, one of the most powerful men in the
- 47:26Speaker 18: world and his relationship.
- 47:28Speaker 2: Who knows, but it's certainly very damning.
- 47:30Speaker 3: Well I always say it's the woman behind the throne,
- 47:33Speaker 3: so's it's very very telling. I agree, Steven and Susie.
- 47:37Speaker 3: Good to catch up with both of you. Thank you
- 47:39Speaker 3: so much for joining me on the show this evening.
- 47:41Speaker 3: Well that's all we've got time for today is stay tuned.
- 47:44Speaker 3: Peter Krelin is up next.