Latest / The Bolt Report / The Bolt Report | 23 September
Transcript
- 0:11Speaker 1: Is the gold reform it.
- 0:15Speaker 2: Tonight Peter Dutton's big speech on nuclear power. Why isn't
- 0:21Speaker 2: he telling you what it's going to cost? It's time
- 0:23Speaker 2: that both sides of politics in this energy crisis just
- 0:26Speaker 2: leveled with us. Also tonight, the meeting of Cowards on
- 0:30Speaker 2: the weekend. The leaders wouldn't say publicly, well, they were
- 0:32Speaker 2: caught admitting in private and scandaled her up. So from
- 0:37Speaker 2: Mohammed al Fayed, the billionaire owner of Harod's acquaintance of
- 0:41Speaker 2: the Queen and a Princess Diana, why was it he
- 0:44Speaker 2: charged with rape? And why didn't Britain's new prime minister
- 0:49Speaker 2: do something about it while the predator was still alive
- 0:54Speaker 2: Prenty Moll as well, like the National's election plan cheap
- 0:59Speaker 2: beers say, and the ABC pushing socialism to fix the
- 1:03Speaker 2: housing crisis. Sure it's got to work sometime, I guess
- 1:07Speaker 2: thinks the ABC. But first let's start with a fascal
- 1:12Speaker 2: press conference today a sign of political desperation. The premise
- 1:16Speaker 2: has found who's really to blame for inflation, for making
- 1:21Speaker 2: Australians poorer for the last year and a half. It's
- 1:24Speaker 2: not him, of course, No, it's those big supermarkets charging
- 1:29Speaker 2: you too much.
- 1:31Speaker 3: When you're charging more for products than you should, it
- 1:35Speaker 3: of course has an inflationary impact by definition.
- 1:39Speaker 2: I have to admire Anthony Albanezi today how fast they
- 1:42Speaker 2: actually moves, calling this press conference to jump all over
- 1:45Speaker 2: the news that the Australian Competition and Consumer Commission is
- 1:48Speaker 2: suing Coles and Woolworths for allegedly cheating customers. If true,
- 1:54Speaker 2: Coles and wools have indeed done something very sneaky and stupid.
- 1:58Speaker 2: They're accused of each jacking up the prices more than
- 2:00Speaker 2: two hundred items just briefly, and then lowering the prices
- 2:04Speaker 2: back to normal or above normal in some cases, and
- 2:07Speaker 2: claiming special. Here's just one example of oreos sold at Woolies,
- 2:13Speaker 2: sold for months at three dollars fifty, then briefly for
- 2:17Speaker 2: five dollars, then sold as on special for four dollars fifty,
- 2:21Speaker 2: which is actually much higher than they were I mean Woolies,
- 2:26Speaker 2: I mean Woolies. These guys campaigned for the Voice for Reconciliation.
- 2:32Speaker 2: Seems they were meanwhile allegedly cheating their own customers. Maybe
- 2:36Speaker 2: they should have spent more effort reconciling with customers instead.
- 2:40Speaker 2: But let's sort of assume guilt. Coles, for one, says it's
- 2:43Speaker 2: going to fight this in court. It says col zone
- 2:45Speaker 2: costs were rising things like power bills, which led to
- 2:49Speaker 2: an increase in the retail price of many products. But
- 2:52Speaker 2: never mind that Albaniz who was a ready this morning
- 2:54Speaker 2: giving them a kick instead for just you know, well
- 2:58Speaker 2: they should have just left it to the court, shouldn't.
- 3:00Speaker 3: Hey, these are serious allegations that the a triop'll see
- 3:04Speaker 3: is bringing before the courts. If this is found to
- 3:08Speaker 3: be true, it's completely unacceptable. This is not the Australian spirit.
- 3:14Speaker 3: Customers don't deserve to be treated as fools by the supermarkets.
- 3:18Speaker 3: Specials need to be real because household budgets are tight.
- 3:23Speaker 2: Now you see what's going on, though you are Albanies.
- 3:25Speaker 2: He needs a scapegoat because right now he is feeling
- 3:28Speaker 2: the heat over costs of living, over inflation. You look
- 3:32Speaker 2: at the newspot phonings today. The biggest cost worries now
- 3:35Speaker 2: are first of all actually housing, where you can't blame
- 3:38Speaker 2: that on supermarkets, but you can blame the government for
- 3:42Speaker 2: letting in a million immigrants without even enough new houses
- 3:45Speaker 2: for them. And then groceries are a second big worry
- 3:49Speaker 2: a follow by energy. Another thing you can blame a
- 3:53Speaker 2: lot on governments, not on supermarkets. So I don't think
- 3:57Speaker 2: the big supermarkets are really enemy. Number one costs of
- 4:00Speaker 2: living crisis government is the huge immigration, the mad green
- 4:05Speaker 2: energy schemes. All of that is added to your bills
- 4:08Speaker 2: through inflation. And government's also spending too much. Although Albanies
- 4:12Speaker 2: here today trying to put an innocence on that one
- 4:15Speaker 2: saying is just deliver two budget surpluses and cut debt.
- 4:20Speaker 3: What we have done, though, is to harve inflation. If
- 4:24Speaker 3: you lower debt, if you produce surpluses, that has downward
- 4:28Speaker 3: pressure on inflation. That doesn't happen by accident. That happens
- 4:32Speaker 3: because of good, responsible economic management. And that's what my
- 4:36Speaker 3: government's delivering.
- 4:37Speaker 2: Come and cut the spin. The government just got lucky,
- 4:40Speaker 2: your whole flood of tax money revenue coming in thanks
- 4:43Speaker 2: the massive prices for explosive things like coal and iron ore.
- 4:47Speaker 2: But that luck is now running out, and you check
- 4:49Speaker 2: the government's budget this year, these two surpluses Albanies is
- 4:53Speaker 2: boasting about after the pandemic flood of money to keep
- 4:57Speaker 2: us going. That's going to be followed by years more
- 5:00Speaker 2: more of deficits, and that, of course helps us explain
- 5:03Speaker 2: today's newspat. Labour's primary vote down one point six percentage
- 5:07Speaker 2: points since the election, the coalition up two point three
- 5:10Speaker 2: and only the Green support, giving the Labor vote fifty
- 5:13Speaker 2: to fifty with the coalitions after preferences. Now, howbany is
- 5:16Speaker 2: he tried today to blame the supermarkets for inflation. But
- 5:22Speaker 2: he's just doing what they're are accused of giving you
- 5:26Speaker 2: misleading information. Yes, but two Doton's big speech today on
- 5:34Speaker 2: nuclear power both sides liberals Labor. They are not telling
- 5:38Speaker 2: you the truth about a collapsing electricity system, and that
- 5:42Speaker 2: is the cost. Now you saw that today with the
- 5:46Speaker 2: opposition of Leader's big speech and nuclear power. He didn't
- 5:50Speaker 2: say what moving to nuclear power is going to cost you. Instead,
- 5:55Speaker 2: in questions afterwards, you just promised to learn from what
- 5:58Speaker 2: other countries have done and give at least something cheaper
- 6:01Speaker 2: than what Labour's offering.
- 6:03Speaker 4: How do you deal with the cost issue, which is
- 6:05Speaker 4: a central issue to this debate.
- 6:07Speaker 5: Well, Chris, we're not talking about being a first type,
- 6:11Speaker 5: not being first in class. We can look at the
- 6:14Speaker 5: international experience, look at what the Koreans are doing, look
- 6:16Speaker 5: at what has happened in the UE, Look at Westinghouse
- 6:19Speaker 5: at the AP one thousands, and what's happened in the
- 6:23Speaker 5: United States as recently as May the fourth unit they're commissioned,
- 6:27Speaker 5: And look at what's happening in France and elsewhere.
- 6:31Speaker 2: We don't need to build a bespoke reactor.
- 6:34Speaker 5: We can rely on the proven technologies, and if we
- 6:38Speaker 5: do that, we can avoid some of the initial cost
- 6:42Speaker 5: and time blowouts that are a feature of a US technology.
- 6:45Speaker 5: We're a fraction of the one point two trillion.
- 6:47Speaker 2: Dollars of Labour's plan, and I'm sick of it. Here's
- 6:53Speaker 2: the brutal truth. Either way, whether we go nuclear or
- 6:56Speaker 2: whether we go Labour's way, wind and sol going to
- 7:00Speaker 2: be paying a lot more for electricity, a lot, either
- 7:04Speaker 2: in bills or in taxes. That's what happens when both
- 7:09Speaker 2: sides say we can't keep using our cheap coal. Now,
- 7:15Speaker 2: Labour's plans are going to cost more. You see it already,
- 7:19Speaker 2: of course, because it doesn't just have to build all
- 7:21Speaker 2: those new wind and solar farms and replace them every
- 7:24Speaker 2: twenty five years, it's also going to have to build
- 7:26Speaker 2: the extra power lines to hook them all up all
- 7:28Speaker 2: over the country. That's very expensive, and then build another
- 7:32Speaker 2: separate power supply as a backup for all the times
- 7:35Speaker 2: that this wind doesn't blow and the sun doesn't shine.
- 7:39Speaker 2: That's incredible. That's going to cost something unbelievable. A priced
- 7:43Speaker 2: labor is not telling. So Peter Dunton was right about
- 7:48Speaker 2: that today.
- 7:49Speaker 5: If you are in labour shoes at the moment, you
- 7:52Speaker 5: don't like coal, you don't like gas. Green hydrogen's not
- 7:54Speaker 5: a reality, certainly not a commercial reality. You don't like nuclear.
- 7:59Speaker 5: When Chris Bald talks about an energy gap opening up
- 8:02Speaker 5: over the next decade or two, the biggest risk is
- 8:05Speaker 5: in Labour's model because they don't have a baseload power.
- 8:10Speaker 2: See that's a benefit of nuclear, it's just not It's
- 8:13Speaker 2: not only you know, no emissions electricity, which we apparently
- 8:18Speaker 2: want in these global warming times. It's also steady power,
- 8:22Speaker 2: baseload power night and day, minimal backup needed, so that's
- 8:27Speaker 2: a saving. No extra wires needed either, because you just
- 8:30Speaker 2: build them where the old cold generators are already hooked up
- 8:33Speaker 2: to the grid. But even so nuclear is also going
- 8:37Speaker 2: to cost and a lot. Joining me is Tony Irwin,
- 8:40Speaker 2: Chair of Engineers Australia. Sydney's Nuclear Engineering Panel has helped
- 8:45Speaker 2: the Commission and operate eight nuclear power reactors and was
- 8:49Speaker 2: the first reactor manager of Australia's Opal Research Nuclear Reactor. Tony,
- 8:54Speaker 2: great to see you again. Did you learn much that
- 8:58Speaker 2: was new today from Peter Dutt and about his plans
- 9:01Speaker 2: to build seven nuclear power stations around Australia.
- 9:09Speaker 1: I thought it was good in that it brought together
- 9:12Speaker 1: all the issues in one speech, because we've had all
- 9:15Speaker 1: these different parts of it and it brought it all together.
- 9:19Speaker 1: He made the five points about why renewables isn't working
- 9:24Speaker 1: and we've seen increased prices with increased renewables, particularly in
- 9:29Speaker 1: South Australia, and as you said, as the solar panels sheet,
- 9:35Speaker 1: but then you've got to have the storage, the transmission, etc.
- 9:40Speaker 1: But also you've got to build over capacity to be
- 9:44Speaker 1: able to get enough during the day into the storage
- 9:47Speaker 1: as well, so that's another additional cost and as you say,
- 9:50Speaker 1: the lifetime is a big problem. And then he made
- 9:54Speaker 1: the five points about why we must include nuclear in
- 9:58Speaker 1: the mix and why other countries have successfully used nuclear
- 10:03Speaker 1: and you know, particularly because it's independence of the weather.
- 10:08Speaker 1: You know, we're getting increased problems in weather. Nuclear is
- 10:11Speaker 1: the only low emissions technology that is independence of the weather.
- 10:18Speaker 2: Now, I don't know if you know what seven nuclear
- 10:21Speaker 2: power stations is going to cost, but do you know
- 10:25Speaker 2: if you do tell us that, do you believe that
- 10:28Speaker 2: whatever the cost, it will be cheaper than wind and solar? Yeah?
- 10:36Speaker 1: Okay, So you can do a rough calculation and get
- 10:40Speaker 1: some sort of idea, and it definitely comes out a
- 10:43Speaker 1: lot cheaper. You know that we're talking about one hundred
- 10:45Speaker 1: and twenty two billion for wind and solar. So what
- 10:51Speaker 1: you can do is use the gen cost figures for
- 10:54Speaker 1: large nuclear and then you can say, all right, let's
- 10:58Speaker 1: have five sites with a gigawar each. That's forty three billion,
- 11:02Speaker 1: two sites with two SMRs each that's another ten billion.
- 11:07Speaker 1: So you're in the sort of fifty to sixty billion
- 11:11Speaker 1: rough rough sort of idea compared to the one hundred
- 11:16Speaker 1: and twenty two billion plus for renewables. You know, these
- 11:20Speaker 1: aren't you know, these are figures that's got to be
- 11:23Speaker 1: fully justified. But that's the sort of ballpark you're in.
- 11:27Speaker 1: So it's definitely cheaper.
- 11:31Speaker 2: Yeah, Well for your gifts, for your estimation, it's half
- 11:36Speaker 2: the price The thing, of course, is that meanwhile the
- 11:39Speaker 2: government's building all these or encouraging the building of all
- 11:42Speaker 2: these winning solar fans, a lot of them will not
- 11:45Speaker 2: be viable once nuclear comes in. That's why you're hearing
- 11:49Speaker 2: all the screams. Let's just lost money, a lot of
- 11:52Speaker 2: it to super fans by the way. Now, meanwhile, so
- 11:57Speaker 2: Labor says, no, no, no, you're wrong, Tony Irwin will
- 11:59Speaker 2: not use SPECIF. But generally the Witnessholar are cheaper. Their
- 12:03Speaker 2: plans are to get eighty two percent of our electricity
- 12:07Speaker 2: from renewable energy in just six years time, just six years,
- 12:12Speaker 2: more than double the power that we get from them today,
- 12:15Speaker 2: and then even more later. Here's Peter Dutton on that plan.
- 12:18Speaker 5: Today, no country can run effectively on part time power
- 12:23Speaker 5: on solar, wind and batteries alone, and the government is
- 12:27Speaker 5: doubling down. It's rolling out intermittent sources of energy on
- 12:32Speaker 5: an industrial scale, and it's removing ninety percent of essential
- 12:36Speaker 5: twenty four to seven base load power over the next
- 12:38Speaker 5: decade between now and twenty thirty four with nothing to
- 12:42Speaker 5: replace it.
- 12:44Speaker 2: Now, Tony Iowan is Peter Dutton and right that the
- 12:47Speaker 2: ambanies the government is destroying the electricity system that works
- 12:51Speaker 2: all this cul fire power. Stags will be driven out
- 12:53Speaker 2: of business without having a viable system to replace it exactly.
- 13:05Speaker 1: You know, you can see that how difficult it is
- 13:08Speaker 1: because you're building out these renewables far away, because you've
- 13:13Speaker 1: got to have enough land to be able to build it.
- 13:17Speaker 1: Then you've got to have very long transmission links to link.
- 13:19Speaker 2: It all up.
- 13:21Speaker 1: And you know, we're starting to look at the environmental damage.
- 13:26Speaker 1: We look at Queensland and the Great Dividing Range and
- 13:30Speaker 1: all the wind turbines that have been put through that area,
- 13:35Speaker 1: and it's it's absolutely devastating. And you would think that
- 13:39Speaker 1: all the green groups would be coming out and saying no,
- 13:41Speaker 1: you can't do this, but you know, they seem to
- 13:44Speaker 1: be completely ignoring it, and yet it's it's having a
- 13:47Speaker 1: real effect. And also of course farmland in New South
- 13:51Speaker 1: Wales in the west is affected as well.
- 13:58Speaker 2: Tiny Urban Thank you so much for bringing some expertise
- 14:03Speaker 2: to a debate where we get so much spins, so
- 14:07Speaker 2: much disinformation and so telling silences about things like costs.
- 14:12Speaker 2: I really appreciate your time. Thank you so much. I'll
- 14:16Speaker 2: tell you there was an interesting satellite to this. Peter
- 14:20Speaker 2: Dutton today also made the point of the tech giants
- 14:22Speaker 2: like Apple and Microsoft, they are actually needing massive amounts
- 14:27Speaker 2: of electricity for the new artificial intelligence centers and cloud computing.
- 14:32Speaker 2: You've got no idea how much power these these things need.
- 14:35Speaker 2: As much electricity as you need for a city like
- 14:37Speaker 2: San Francisco for instance, for an individual company, and they
- 14:43Speaker 2: want that to be zero missions there as well as anyone.
- 14:46Speaker 2: And that is why Bill Gates Microsoft, He for instance,
- 14:50Speaker 2: wants to reopen the three Mile Island nuclear plant just
- 14:55Speaker 2: for Microsoft's use alone. Can you believe that? So if
- 15:00Speaker 2: we want to get into AAR and we want to
- 15:02Speaker 2: get into data storage or even bitcoin also huge energy user.
- 15:07Speaker 2: I'll tell you what, We're not going to do that
- 15:09Speaker 2: job by relying on wind or the wind stopped or soler,
- 15:15Speaker 2: oh the cloud went over. Sorry, guys, are we going
- 15:19Speaker 2: to be a member of last century or this century?
- 15:23Speaker 2: I tell you what. Well, time for the political panel
- 15:28Speaker 2: Michael Kroger former Victorian Liberal President Steve Conroy, former Labor
- 15:31Speaker 2: senator and Cabinet minister. Michael Kroger the premises today accusing
- 15:36Speaker 2: the supermarkets I've happen to cause high inflation with their
- 15:40Speaker 2: allegedly phony scheme of claiming to sell hundreds of items
- 15:45Speaker 2: about one percent of this stock on special when they
- 15:47Speaker 2: weren't fair enough.
- 15:52Speaker 6: Well, he's right to call it out, and nature will
- 15:54Speaker 6: see a right to call it out. The old trick
- 15:56Speaker 6: of you know, three fifty to five fifty back to
- 15:59Speaker 6: four fifty in claiming it's the big discount is a
- 16:02Speaker 6: well worn retail tactic. But is the price of oreos
- 16:08Speaker 6: adding hugely to inflation? Probably not. If there are hundreds
- 16:12Speaker 6: of these items, then that might make a very small difference,
- 16:17Speaker 6: But compared to the tens of billions of extra dollars
- 16:21Speaker 6: the government are spending in the next three years, No,
- 16:24Speaker 6: it's not a huge amount, and and it's not adding
- 16:26Speaker 6: anything to near the inflation increase that the government is
- 16:30Speaker 6: at a federal level.
- 16:33Speaker 2: I think what is making the mistake of saying here
- 16:35Speaker 2: is what would the price of the oreos have been naturally,
- 16:39Speaker 2: without any cheating about their discount or whatever, they probably
- 16:43Speaker 2: were going to go up anyway to four point fifty.
- 16:45Speaker 2: They briefly made it five dollars so they could claim
- 16:48Speaker 2: was still low, when in fact that hiked the price.
- 16:51Speaker 2: That's not to say that had they not done that
- 16:55Speaker 2: the areas would be cheaper. I don't think that's Steve Conroy.
- 16:59Speaker 2: They wouldn't, well, they would have gone up maybe to
- 17:01Speaker 2: four fifty. They wouldn't gone up temporarily five dollars so
- 17:04Speaker 2: that they could be claimed as a discount at four fifty.
- 17:07Speaker 2: But Steve Conroy, I mean there was an edge of desperation.
- 17:12Speaker 2: I thought to the Prime Minister's claim that this is
- 17:15Speaker 2: what's causing inflation, I'm not sure that's true at all.
- 17:19Speaker 4: Really well, I don't know. We watched the same press
- 17:22Speaker 4: conference Andrew. I think the Prime Minister was asked a
- 17:26Speaker 4: question about a triple C action on this matter, and
- 17:29Speaker 4: he said.
- 17:30Speaker 2: If that wasn't ask a question he proven to be true.
- 17:34Speaker 4: If that was proven to be true, then they had
- 17:38Speaker 4: a case to answer. But by definition, if it's a
- 17:40Speaker 4: court process and it's proved to be true, they do
- 17:42Speaker 4: have a case to answer. So I'm not sure there
- 17:45Speaker 4: was a desperation issue there at all. I mean, I
- 17:49Speaker 4: think if you would look at any of the polls
- 17:51Speaker 4: that came out in the last twenty four hours, you
- 17:54Speaker 4: would certainly say the government is under enormous pressure. It
- 17:57Speaker 4: would be disappointed with the polls, but equals is also
- 18:02Speaker 4: made the point there's still fifty to fifty and as
- 18:04Speaker 4: we've discussed.
- 18:05Speaker 2: And you know the.
- 18:08Speaker 4: The issue around the normally by now you'd be writing
- 18:13Speaker 4: off this government if those poles were reflecting what's actually
- 18:18Speaker 4: happening in the individual seats, and because the individual seats
- 18:22Speaker 4: are very different to a nationalized pole like a fifty
- 18:26Speaker 4: to fifty, there still continues to be a likely most
- 18:32Speaker 4: likely outcome if election was held this weekend would be
- 18:34Speaker 4: a minority labor government. I know Michael will say, oh, well,
- 18:37Speaker 4: you know we're on seventy, but there's a very specific
- 18:40Speaker 4: statement in one of the by one of the poles
- 18:42Speaker 4: to saying we just want to be clear there is
- 18:45Speaker 4: still no chance of pattered up and forming a minority
- 18:48Speaker 4: government in this set of circumstances that this poll shows.
- 18:52Speaker 2: So I think the Prime.
- 18:53Speaker 4: Minister would be disappointed by where we're at at the moment.
- 18:58Speaker 2: Steve raises a point, lots of point. I think the
- 19:00Speaker 2: government's watching from crisis the crisis and lost control of
- 19:03Speaker 2: the narrative, showing great incompetence. It's extraordinary to me that
- 19:09Speaker 2: the opposition is ahead. It is ahead in some polls
- 19:13Speaker 2: but not a news poll. Why do you think that is?
- 19:17Speaker 6: So, here's what's happening on the labour side. Their poles
- 19:22Speaker 6: are dropping every single day as people work out this
- 19:25Speaker 6: is a hard left, woke government, which and it's a
- 19:27Speaker 6: prisoner of the hard left in Australian politics. And there's
- 19:30Speaker 6: a dozen more examples of where they've just caved in
- 19:33Speaker 6: to the extreme left. But on the side of the coalition,
- 19:37Speaker 6: Dutton's had two very big ideas. First of all, opposing
- 19:39Speaker 6: the Voice, which was a courageous thing to do given
- 19:42Speaker 6: that it was only forty percent with him. When he
- 19:44Speaker 6: announced that he was proved absolutely right, and the vast
- 19:47Speaker 6: majority of Australians agreed with him and had given him
- 19:49Speaker 6: great credit for his courage. The second big idea is
- 19:52Speaker 6: nuclear which over time will be a vote winner. But
- 19:57Speaker 6: Peter's poles have stagnated in my view in the last
- 20:01Speaker 6: month or so. He needs a third big idea to
- 20:05Speaker 6: carry him to majority government, which is which is possible
- 20:09Speaker 6: with a third big idea. I gave him a third
- 20:10Speaker 6: big idea, but I'm not sure like it. I won't
- 20:12Speaker 6: go into that. But so Peter, Peter Dutton and the
- 20:15Speaker 6: opposition federally Peter Dutton and the opposition federally have done
- 20:19Speaker 6: an outstanding job. But he needs another idea and it's
- 20:23Speaker 6: got an I got to be an idea around the
- 20:25Speaker 6: tax system. And because it's a cost of this is
- 20:31Speaker 6: a cost of living election. He said two big home
- 20:33Speaker 6: runs on the voice of Nuclear. He needs a third.
- 20:36Speaker 6: He needs a third line.
- 20:39Speaker 2: Michael, I think you've you won't be able to credit afterwards.
- 20:44Speaker 6: Right, I can tell you what it is, and I've
- 20:48Speaker 6: lobbied the FEDS on it, which is basically that. And
- 20:51Speaker 6: I've said this before on skuy. The average working member
- 20:55Speaker 6: of the middle class, the working families think the tax
- 20:57Speaker 6: system works against them, right, They all think that, and
- 21:01Speaker 6: they're right because too many of these big companies, and
- 21:05Speaker 6: many of the members of the BCA, by the way,
- 21:08Speaker 6: have operations in tax havens and they minimize and avoid
- 21:12Speaker 6: tax in a lot of jurisdictions by the use of
- 21:14Speaker 6: tax havens.
- 21:15Speaker 7: So Dunton should say.
- 21:17Speaker 6: No government contracts will be given to corporations who utilize
- 21:23Speaker 6: tax havens in an unexplained way. If there's a reason
- 21:26Speaker 6: why they've got an office in the Bahamas, fine, But
- 21:28Speaker 6: if you've got unexplained operations in a tax haven. You
- 21:31Speaker 6: will not be receiving any federal government no more, because
- 21:34Speaker 6: that's not the way.
- 21:35Speaker 2: We're going to roll federally notes anything. Ob these who
- 21:38Speaker 2: were taking notes of the angry that policy before we know,
- 21:41Speaker 2: But I tell you what came up with. What they
- 21:46Speaker 2: think is the Nationals came up today with what they
- 21:49Speaker 2: think is an even or yesterday with an even better
- 21:52Speaker 2: idea cheaper beer. They think the Nationals leader is suggesting,
- 21:59Speaker 2: how about using the excise, you know, lowering the excise
- 22:03Speaker 2: on beer. Although I must say Shadow Finance Mister Jane
- 22:06Speaker 2: Hume didn't sound that impressive.
- 22:08Speaker 5: Listen cost a living crisis that has meant that Australians
- 22:13Speaker 5: aren't turning up to the pubs.
- 22:15Speaker 2: They don't have the disposable income they used to.
- 22:17Speaker 8: What I can say is that when we were in
- 22:18Speaker 8: government we concentrated on this pretty hard. We made sure
- 22:21Speaker 8: that there were support for distillers. But it is a
- 22:24Speaker 8: very complicated tax to manage that, you know, dealing with
- 22:26Speaker 8: both wine and beer and spirits. We want to make
- 22:29Speaker 8: sure it's a comprehensive approach.
- 22:32Speaker 2: Cavin beer excise as Stephen Conroy is that let me
- 22:36Speaker 2: let me trans let me.
- 22:39Speaker 4: Let me translate Jane's statement that that's a hard no.
- 22:45Speaker 2: But that's not forgets. Let's not forget that.
- 22:49Speaker 4: John Howard to save his political skin cuts petrol excise.
- 22:54Speaker 4: Disastrous for the state of the finances, but politically a
- 22:57Speaker 4: genius strike. Remember the ast and by election you cut
- 23:00Speaker 4: the petrol indux age or froze it, and it helped
- 23:04Speaker 4: them win asking and go on to win that win
- 23:06Speaker 4: that election. So this is a populist idea that sometimes
- 23:11Speaker 4: does get taken up. I think David's appearing on Paul
- 23:13Speaker 4: Murray's show a bit too often. He's picking up Paul suggested,
- 23:17Speaker 4: like Paul keeps arguing for Paul keeps arguing for freeze
- 23:22Speaker 4: all these exercises, freeze them all petrol, cigar cigarettes or
- 23:26Speaker 4: being ripped off. I think, Dave, you spend a bit
- 23:28Speaker 4: too much time on plow because unfortunately the other iransition
- 23:33Speaker 4: then go and ignored all of those.
- 23:37Speaker 2: The incise in this country, well, the in sise is
- 23:40Speaker 2: very very high on things like gin and whiskey and
- 23:44Speaker 2: all that, and I think we're actually staffling a domestic
- 23:47Speaker 2: industry as a consequence. But I wouldn't say this is
- 23:50Speaker 2: a major election winner Michael Kroger Stephen Conroy, thank you
- 23:54Speaker 2: both for your time after the break a meeting on
- 23:57Speaker 2: the weekend of week leaders who don't dare say in
- 24:01Speaker 2: public what they were caught out saying in private about China.
- 24:10Speaker 2: What an embarrassment that meeting on the weekend, that Quad
- 24:13Speaker 2: summit with Anthony Albanesi and US President Joe Biden. It
- 24:18Speaker 2: was a sign of such terrible weakness, and not just
- 24:22Speaker 2: because the two men looked and usually beaten, with Barden's
- 24:26Speaker 2: time as president almost up in Albanizi facing the possibility
- 24:29Speaker 2: and now of a shock election loss himself. In fact,
- 24:33Speaker 2: the other two leaders at this meeting of the Quad
- 24:35Speaker 2: include not only India's Prime min but Japan's has already
- 24:38Speaker 2: said that his quitting too after a corruption scandal. There
- 24:41Speaker 2: was a real flock of lane ducks. Now. That was
- 24:45Speaker 2: already a sign of how little authority these leaders who
- 24:48Speaker 2: were confronting China have, But then came this when Barden
- 24:53Speaker 2: told the other three on a hot mic a camera
- 24:56Speaker 2: feed wasn't shut down what they needed to discuss in
- 25:00Speaker 2: private when the journalists had left the room.
- 25:05Speaker 9: China continues to behave aggressively testing us all across the region,
- 25:09Speaker 9: and it's true in the South China Sea, the East
- 25:11Speaker 9: China Sea, South Asia and the Taiwan's trees.
- 25:17Speaker 2: And he went on about China really challenging them. But
- 25:21Speaker 2: what was so pathetic was he was about telling these
- 25:24Speaker 2: news privately what none of them wanted publicly to say,
- 25:28Speaker 2: and didn't publicly say in their declaration afterwards. They didn't
- 25:31Speaker 2: name China. They didn't say China is a real threat
- 25:36Speaker 2: and pushing us weight around. I mean, as if it's
- 25:39Speaker 2: a secret. It's been sending planes to test the airspaces
- 25:44Speaker 2: of not just Hawan but Japan. It's been ramming ships
- 25:48Speaker 2: of the Philippines and sees that China wants to steal.
- 25:52Speaker 2: It's been dropping anti missile chef in front of an
- 25:55Speaker 2: Australian plane of the South China Sea and calling Australia
- 25:59Speaker 2: the to me join me is the country's top foreign
- 26:03Speaker 2: affairs Ruddi, Greek Sheridan, the Australian newspaper Greg great peace
- 26:07Speaker 2: by you today. By the way, on this very issue,
- 26:09Speaker 2: these four guys in private say all China's aggressively testing
- 26:15Speaker 2: us publicly, didn't mention the word China.
- 26:19Speaker 10: What does that tell you, well, Andrew it's great to
- 26:24Speaker 10: be with you. You can't have faith that the Quad
- 26:27Speaker 10: will be strong enough to constrain China's behavior if it's
- 26:30Speaker 10: not strong enough to mention China in public. Now, Japan
- 26:35Speaker 10: and India, for all their limitations, are making serious efforts
- 26:39Speaker 10: to modernize and expand their armed forces. The United States
- 26:43Speaker 10: has the greatest armed forces in the world, but under
- 26:45Speaker 10: Biden is doing nothing to expand them. And Biden has
- 26:49Speaker 10: gone into it one of his dithering episodes of renewed
- 26:54Speaker 10: diplomacy with the Chinese leadership. And this happens very often
- 26:58Speaker 10: under Democrat presidents in the that this is the State
- 27:01Speaker 10: Department's default position all the time. Australia is the weakest
- 27:05Speaker 10: of all because we are degrading our own defense capability
- 27:10Speaker 10: and we won't mention China under any circumstances. You know, recently,
- 27:14Speaker 10: when the Chinese ram the Philippines ship in the South
- 27:17Speaker 10: China Sea, Anthony Albanesi made a statement saying we wanted
- 27:21Speaker 10: there to be law and order and good process at
- 27:25Speaker 10: sea and didn't mention China. So as a group, the
- 27:28Speaker 10: Quad won't mention China, and individually most of them won't
- 27:31Speaker 10: mention China, and most of them except for Japan and India,
- 27:36Speaker 10: are not making military investments which they need to do
- 27:42Speaker 10: to cope with the Chinese military.
- 27:45Speaker 2: Tell you well know, meanwhile, you've got two hot wars
- 27:48Speaker 2: going on thanks to China's allies, Iran and Russia. In
- 27:52Speaker 2: both cases democracy is under attack, and the US saying
- 27:56Speaker 2: to both of them, or don't go in too hard
- 27:58Speaker 2: in this war. Don't know I fight to one is,
- 28:00Speaker 2: of course, Russia invading Ukraine. Ukraine being told all you
- 28:04Speaker 2: can't fire our missiles into Russia and he ran funding
- 28:07Speaker 2: a war on Israel by terrorists, armies from US and
- 28:09Speaker 2: Gaza and HESBA into the north in Lebanon now Israel
- 28:14Speaker 2: last week killed and injured a lot of he officials
- 28:17Speaker 2: by boober trapping their pages of walkie talkies, then wiped
- 28:21Speaker 2: out the leadership of Hesbela's top military unit with a
- 28:25Speaker 2: precision bomb. Hezbla has now hit back with one hundred
- 28:29Speaker 2: and fifty missiles that reached as far as Haifa. Once again,
- 28:33Speaker 2: Australia and the US are telling Israel, don't escalate. What's
- 28:37Speaker 2: going on here? Greg and is the region headed to
- 28:39Speaker 2: in all that war?
- 28:42Speaker 10: Very hard to answer, really, Andrew So as you pointed
- 28:48Speaker 10: out in the Herald Sun today, Hesbela has fired over
- 28:52Speaker 10: eight thousand missiles at Israel in the last less than
- 28:56Speaker 10: twelve months. In the last eleven months or so. Now, Israel,
- 29:00Speaker 10: as Mike Kelly, the former Labor Minister, argued in our
- 29:04Speaker 10: paper today, has every right to retaliate militarily now blowing
- 29:09Speaker 10: up pages which were only issued to Hezbollah operatives and commanders.
- 29:15Speaker 10: And recall that Hesbela is a designated terrorist organization under
- 29:20Speaker 10: Australian law, under the United States law, under the law
- 29:23Speaker 10: of most European countries. Blowing those pages up is the
- 29:28Speaker 10: most precisely targeted retaliation Israel could possibly do. So For
- 29:33Speaker 10: the Albanesi government to criticize this is just dismal and
- 29:38Speaker 10: wretched and pathetic.
- 29:40Speaker 2: Now, I think the.
- 29:42Speaker 10: Biden administration is much much better because it is providing
- 29:46Speaker 10: massive material support to Israel. And one reason Iran is
- 29:50Speaker 10: being very cautious at the moment is because of American
- 29:53Speaker 10: naval assets in the region, and if there isn't all
- 29:57Speaker 10: out war, America will be supporting Israel, There's no doubt,
- 30:00Speaker 10: and that has a huge effect. I'm ashamed about our government.
- 30:04Speaker 10: Everything it's said about this dispute has been wretched and
- 30:09Speaker 10: vacuous and small p political and just just shaming for
- 30:14Speaker 10: Australia to adopt the fatuous positions that it has adopted.
- 30:21Speaker 2: I couldn't believe anyone the Foreign mist is saying after
- 30:24Speaker 2: Hesbollah has such a massive blow struck against this leadership
- 30:28Speaker 2: with his pages. Oh we don't like to see you know,
- 30:32Speaker 2: you know, the war escalade and war in this and
- 30:34Speaker 2: we don't like killing. I mean, seriously, Israel at war
- 30:37Speaker 2: with terrorists for Heaven's sake. But meanwhile, Greg, I've got
- 30:43Speaker 2: to show you this because I can't believe what I'm hearing. Well,
- 30:47Speaker 2: I actually can. Unfortunately, back in the US, Vice President
- 30:51Speaker 2: Kamala Harris, she got the most gentle interview from Oprah Winfrey,
- 30:55Speaker 2: a real supporter, but even Oprah could not stop Harris
- 30:58Speaker 2: from showing that as a president candidate, she is totally vacuous,
- 31:03Speaker 2: with no idea about what you do if she won
- 31:06Speaker 2: the election against Donald Trump in NOVEMBA. Sittle back for
- 31:09Speaker 2: just a minute, I haven't listened to this.
- 31:12Speaker 11: You really would love to know what your plan is
- 31:14Speaker 11: to help lower the cost of living. Yeah, first of all,
- 31:18Speaker 11: thank you both for being here and yours is a
- 31:23Speaker 11: story I hear around the country as I travel, and
- 31:28Speaker 11: in terms of both rightly having the right to have
- 31:34Speaker 11: aspirations and dreams and ambitions for your family and working
- 31:41Speaker 11: hard will.
- 31:42Speaker 2: Be specific steps to strengthening the border.
- 31:45Speaker 12: So it's a wonderful and important question. You know, My
- 31:50Speaker 12: background was as a prosecutor, and I was also the
- 31:55Speaker 12: elected attorney general for two terms of a border state.
- 31:58Speaker 12: So this is not a theory issue for me. This
- 32:02Speaker 12: is something I've actually worked on. I have prosecuted transnational
- 32:06Speaker 12: criminal organizations for the trafficking of guns, drugs, and human beings.
- 32:12Speaker 12: I take very seriously the importance of having a secure
- 32:16Speaker 12: border and ensuring the safety of the American people.
- 32:22Speaker 2: Greg she never did give any specifics of what she'd do.
- 32:27Speaker 2: It was blather and feel good all the way through,
- 32:30Speaker 2: warm fuzzies, no policies.
- 32:33Speaker 10: Your conclusion, well, Andrew, you know, I really hate to
- 32:38Speaker 10: sound political about this, but it's as if she's been
- 32:41Speaker 10: to the Albanese government school of never ever answering a
- 32:45Speaker 10: question and always blathering about process. And I mean, she's
- 32:50Speaker 10: not in sharp mental decline in the way Biden is.
- 32:53Speaker 10: But Biden picked her because she was so mediocre and
- 32:57Speaker 10: hopeless that she would never be a threat to him
- 32:59Speaker 10: As vice president. She is amply demonstrating her mediocrity and
- 33:03Speaker 10: hopelessness and honestly, if Trump can't beat her, that's a
- 33:07Speaker 10: terrible comment on Trump. But what a choice. I mean,
- 33:12Speaker 10: she's not suffering from senile dementia. But that's about That's
- 33:17Speaker 10: about the most positive thing you can say you can
- 33:19Speaker 10: say for her. I mean, she just refuses to answer
- 33:22Speaker 10: any straight question and seems incapable of speaking in normal,
- 33:26Speaker 10: straightforward English sentences. It's a very it's a very suppressing.
- 33:34Speaker 2: Well I got to pick you up on something there, greet.
- 33:36Speaker 2: You said she's not suffering from senile dementia. I have
- 33:39Speaker 2: to say, how could you even tell? Anyway? Thank you
- 33:42Speaker 2: so much for your time. Greg Sheridan after the break
- 33:46Speaker 2: First Nations Ambassador, Well, my goodness, did you know we
- 33:51Speaker 2: had one?
- 33:51Speaker 10: Didn't you?
- 33:52Speaker 2: Do? You know what it's been spending more after this?
- 34:00Speaker 2: How many the government's got such a ten year on
- 34:02Speaker 2: culture issues, cultural issues and on its race agenda particularly,
- 34:06Speaker 2: I mean, how many Australians does it actually think would
- 34:10Speaker 2: be on board with its device of agenda? Sure got
- 34:12Speaker 2: to shock with the Voice for its start the latest.
- 34:15Speaker 2: Now I ventured before at the start, how appalling it
- 34:20Speaker 2: was that it actually appointed an ambassador for first Nations people,
- 34:25Speaker 2: First nations being a political term now used even by
- 34:28Speaker 2: the ABC for what are in fact Aborigines, but first
- 34:32Speaker 2: nations people, as if Aborigines are a separate nation needing
- 34:37Speaker 2: separate diplomatic representation overseas. Now that ambassador was given three
- 34:44Speaker 2: hundred and fifty thousand dollars to travel last financial year
- 34:48Speaker 2: alone to nine places around the world, nine in one year.
- 34:54Speaker 2: Most of the US in Europe now the opposition is saying,
- 34:57Speaker 2: what a waste the money. The job will go as
- 34:59Speaker 2: soon as it's elected. And to that, I would say
- 35:02Speaker 2: most of the strands would think absolutely hallelujah. Joining me
- 35:08Speaker 2: a Damien Courier, corporate communications consultant, host of his own
- 35:11Speaker 2: video podcast. The other side, it's called Stephen Travura, an
- 35:15Speaker 2: author and senior lecturer in history Campion College. His expertise
- 35:19Speaker 2: Western civilization, a sort of an important discipline that's unfortunately
- 35:25Speaker 2: out of fashion. Stephen, how did we get to this?
- 35:29Speaker 2: You know that we get a first nation's ambassador, an
- 35:35Speaker 2: ambassador for one race of people, in this polycultural mongrel community.
- 35:43Speaker 13: Well, as you said, the current government has tenare when
- 35:47Speaker 13: it comes to culture issues, and over the last thirty
- 35:50Speaker 13: forty years, unfortunately the emphasis on trying to alleviate Indigenous
- 35:57Speaker 13: disadvantage has been on very symbolic gestures rather than actual
- 36:01Speaker 13: practical solutions. And this is just a classic example. The
- 36:04Speaker 13: last Closing the Gap report pointed out that Aboriginal suicides
- 36:09Speaker 13: are up, children unsafe at home, that those numbers are
- 36:12Speaker 13: up children doing poorly at school, that's getting no better
- 36:16Speaker 13: and so what's the big solution. Well, a First Nation's
- 36:19Speaker 13: ambassador going around the world talking about climate change and
- 36:23Speaker 13: indigenous people. So so that's going to help some child
- 36:25Speaker 13: in regional Australia. It's a classic example of what's been
- 36:29Speaker 13: going on in Australia for too long, and that is,
- 36:32Speaker 13: if you can't solve problems with indigenous communities, then make
- 36:36Speaker 13: up fake problems and talk about solving those.
- 36:41Speaker 2: Wouldn't it be interesting, Damien Currie to ask the government
- 36:46Speaker 2: in all this travel to non cities. I don't blame
- 36:48Speaker 2: the ambassador and it's probably not even his own agenda.
- 36:52Speaker 2: It's probably penny one saying I want you here, want
- 36:54Speaker 2: you to what has it actually achieved for Aborigines at home?
- 37:00Speaker 7: Well, I wonder what three hundred and fifty thousand dollars
- 37:02Speaker 7: if that's the budget for travel, what's the total budget
- 37:05Speaker 7: for the ambassador and the Department of the Ambassador or
- 37:08Speaker 7: the organization ten about millions? How many poor right, how
- 37:13Speaker 7: many poor disadvantage remote community Australians could be benefiting from
- 37:18Speaker 7: that money.
- 37:18Speaker 2: Look, I don't know what these bureaucrats missed.
- 37:21Speaker 7: I mean, the voice vote was clear in Canberra it
- 37:24Speaker 7: was forty sixty for the Yes. In the rest of
- 37:29Speaker 7: the country it was sixty forty for no. Do they
- 37:33Speaker 7: not get the message? They are out of touch with
- 37:36Speaker 7: what average Australians want.
- 37:38Speaker 2: We don't want this stuff.
- 37:39Speaker 7: We don't want to buy into this global Marxist first
- 37:42Speaker 7: nations rubbish. We want to get on with the having
- 37:45Speaker 7: a great nation of our own. It's unified. I'd like
- 37:48Speaker 7: to see you perhaps you know, we're we're gonna have
- 37:51Speaker 7: a Greek ambassador for Greek Australians and Italian Ambassador for
- 37:54Speaker 7: Italian Australians. I personally would love to see a you know,
- 37:57Speaker 7: an ambassador for third generation Irish Lebanese as I'd probably
- 38:00Speaker 7: have a fairly good chance of getting the job because
- 38:03Speaker 7: not too many honors. But you know, it's insane, and
- 38:06Speaker 7: when you think take it to its logical extreme like that,
- 38:09Speaker 7: you can see how ridiculous it absolutely cant can get
- 38:11Speaker 7: if we don't stop with this ridiculous identity politics nonsense.
- 38:17Speaker 2: All right, well, I'll put up my hand for first
- 38:18Speaker 2: Ambassador for the Friesian Dutch of Australia. I added the
- 38:22Speaker 2: freezean to sort of make it a little different. There
- 38:24Speaker 2: you go. Meanwhile, Stephen, we just got told by Aria
- 38:32Speaker 2: the real Estate be them off that home affordability, housing
- 38:38Speaker 2: affordability now is the worst it's seen in more than
- 38:43Speaker 2: thirty years. Now, I think this is actually not just
- 38:48Speaker 2: an economic evil. This is social evil, because it is
- 38:51Speaker 2: by buying a house, establishing roots, that settling down to
- 38:55Speaker 2: the discipline of having to pay it off for a
- 38:57Speaker 2: one that helps civil young men in particular. Might be sexist,
- 39:02Speaker 2: but that's how I see it. I think it's a
- 39:05Speaker 2: social evil that we've somehow managed to make housing in
- 39:08Speaker 2: a vast continent suddenly so expensive. What has gone on here?
- 39:16Speaker 2: How could we have been so suicidal?
- 39:19Speaker 13: Well, you're right that it is a social evil, and
- 39:21Speaker 13: historians and philosophers have said that for thousands of years.
- 39:24Speaker 13: The idea is that if people can own property, then
- 39:27Speaker 13: they'll feel that they have some stake in the country,
- 39:30Speaker 13: and they'll be vigilant about making sure politics and the
- 39:33Speaker 13: country doesn't become corrupt because they've got something to lose.
- 39:37Speaker 13: Take away people's hope of ever owning anything, and they'll
- 39:40Speaker 13: stop caring about the country, and in a way you
- 39:42Speaker 13: kind of can't blame them. But this is a really
- 39:46Speaker 13: wicked problem. A lot of it comes down to red
- 39:49Speaker 13: tape in councils. So for example, in Australia wide, the
- 39:53Speaker 13: average time to approve a DA in Australia for a
- 39:56Speaker 13: council is one hundred and eleven days. It's one hundred
- 39:58Speaker 13: and sixty eight days in Victoria. So there's a ton
- 40:01Speaker 13: of red tape that's out there. The other problem, I mean,
- 40:04Speaker 13: there are so many problems, But another problem is we've
- 40:06Speaker 13: got a shortage of people going into apprentices and going
- 40:09Speaker 13: into the building industry. Kids are being encouraged to stay
- 40:12Speaker 13: on at school, they're being encouraged to go to university.
- 40:14Speaker 13: What we really need is a lot of them taking
- 40:17Speaker 13: up apprentices and going into the building industry so we
- 40:20Speaker 13: can actually have personnel to build things. And the political
- 40:23Speaker 13: party that solves this problem will win a generation of
- 40:27Speaker 13: Australians because it is one of the most pressing issues
- 40:31Speaker 13: in this country. And as you say, it's not just
- 40:34Speaker 13: an economic issue, it is a social issue. People are
- 40:37Speaker 13: losing faith in this country because they don't think that
- 40:40Speaker 13: they can enjoy the Australian dream like other generations have.
- 40:46Speaker 2: Damian, it's just so astonishing that we've made housing such
- 40:51Speaker 2: a luxury for the poor. I mean, I don't get it.
- 40:58Speaker 2: I think it's actually something that neither side of politics
- 41:02Speaker 2: has come properly to grips with that The number one
- 41:06Speaker 2: thing in socializing people is to get them the ability
- 41:09Speaker 2: to make their own home in this country, otherwise they
- 41:14Speaker 2: don't feel at home.
- 41:18Speaker 7: That's right, and Menzi said, it's also the greatest educator
- 41:21Speaker 7: and maturer of people because it makes us understand economics,
- 41:25Speaker 7: it makes us understand the importance of property ownership. So
- 41:28Speaker 7: many very very important classical liberal ideals and philosophies hinge
- 41:34Speaker 7: on people actually owning their own home and having home ownership.
- 41:38Speaker 7: It's where it really all starts. So I think it's
- 41:40Speaker 7: critically important that we fix the problem. The problem is caused,
- 41:43Speaker 7: as Stephen rightly said, by too much red tape, too
- 41:47Speaker 7: much green tape, too much rainbow tape, a sprinkle of
- 41:49Speaker 7: BEI full dust, the usual routine. And this is the problem.
- 41:53Speaker 7: We've got to shrink the size of government. We've got
- 41:55Speaker 7: to let people do the things that they can do,
- 41:58Speaker 7: free up the market, get supply happening again. It's no
- 42:01Speaker 7: good lamenting this as just price is going up. The
- 42:05Speaker 7: other thing we've got to do, Andrews, it's not just housing,
- 42:08Speaker 7: thoughts of energy, it's all its cost of living, inflation, groceries, everything,
- 42:12Speaker 7: and we're blaming supermarkets for groceries, which is just absolutely ridiculous.
- 42:15Speaker 7: Things go up in price when governments spend too much money,
- 42:18Speaker 7: borrow too much money, waste too much money, and they
- 42:21Speaker 7: print money to create money out of thin.
- 42:24Speaker 2: Air that they don't actually have.
- 42:26Speaker 7: Well, then of course the value of our money is
- 42:28Speaker 7: going to go down and inflation has to happen.
- 42:32Speaker 2: Well, big surprise, that's exactly what we've got right now,
- 42:34Speaker 2: Dame Encourage Steve TREVERA, thank you very much to you both.
- 42:38Speaker 2: But to tell you what the ABC has come up
- 42:40Speaker 2: with a solution to the housing crisis. Listen to this.
- 42:44Speaker 2: Apparently it's socialism.
- 42:47Speaker 7: Is it ethical to own an investment property?
- 42:50Speaker 4: Let's find out.
- 42:51Speaker 8: I think it's become an Australian way of life to
- 42:53Speaker 8: have at least one If people are investing and other
- 42:56Speaker 8: people can't find at least one house to live in,
- 42:59Speaker 8: that's will be not the best.
- 43:00Speaker 7: When you see people earning multiple investment properties or hundreds
- 43:04Speaker 7: of millions of dollars of.
- 43:05Speaker 5: A property portfolio, I struggle to.
- 43:06Speaker 14: Find that, as you called it, it's harder to see
- 43:09Speaker 14: it being at the call because it's really hard for
- 43:12Speaker 14: us to be breaking into the property market.
- 43:16Speaker 2: Remember to the ABC and all those people. If you
- 43:18Speaker 2: saw people from investing in another property, where do you
- 43:21Speaker 2: think people are going to live? Who's going to build
- 43:24Speaker 2: houses that people live in the apartments? After the break
- 43:30Speaker 2: the billionaire acquaintance of a queen and Princess Diana, well,
- 43:35Speaker 2: now a scandal. Why wasn't this man charged with rape?
- 43:39Speaker 2: And it's now a scandal that's raising questions about Britain's
- 43:42Speaker 2: new prime minister. Britain's new prime Minister's caught up in
- 43:50Speaker 2: yet another scandal. A rape scandal. Kirstamul's head of Britain's
- 43:54Speaker 2: Crown Prosecution Service in two thousand and nine when it
- 43:57Speaker 2: refused to prosecute billionaire Mohammad al Fayed, the Egyptian born
- 44:01Speaker 2: former owner of luxury London saw Herods, refused to prosecuting
- 44:06Speaker 2: for the alleged sexual abuse of fifteen year old girl.
- 44:10Speaker 2: Refused again to prosecute in another case against al Fayed
- 44:13Speaker 2: in twenty fifteen. But now this man, who died a
- 44:16Speaker 2: couple of years ago, has accused by more than twenty
- 44:18Speaker 2: women former staff of rape, sexual assault and sexual abuse.
- 44:25Speaker 15: Muhammed al Fayed, my boss, the person I worked for,
- 44:28Speaker 15: pushed himself onto me. I fell to the floor with
- 44:32Speaker 15: him still on top of me, but I managed to
- 44:34Speaker 15: kick free and free myself. I ran towards the door.
- 44:39Speaker 15: I told him I was meeting my father for dinner
- 44:42Speaker 15: and he would be but worried that I was late.
- 44:45Speaker 12: He just laughed at me.
- 44:48Speaker 15: He then composed himself and he told me, in no
- 44:51Speaker 15: uncertain terms that I was never to breathe a word
- 44:54Speaker 15: of this to anyone. If I did, I would never
- 44:58Speaker 15: work in London again. And he knew when my family.
- 45:00Speaker 2: Lived farmer spokesman says the al Fayed case did not
- 45:05Speaker 2: cross his own desk, but the woman who was the
- 45:08Speaker 2: victim's commissioner at the time. So there was a culture
- 45:10Speaker 2: of the prosecution service of not taking these cases seriously enough.
- 45:15Speaker 2: And there are now claims that al Fayed used his
- 45:17Speaker 2: money and connections for thirty years to kill investigations into
- 45:22Speaker 2: his sexual assaults of vulnerable women. Most famously had links
- 45:25Speaker 2: to the royal family, and his son had an alleged
- 45:27Speaker 2: affair with Princess Diana just before they died together in
- 45:30Speaker 2: a crash in Paris. And also he used his vast
- 45:35Speaker 2: money as far back as nineteen ninety five to sue
- 45:38Speaker 2: the magazine Vanity Fair into silence over claims that a
- 45:42Speaker 2: serial abuser and intimidating his staff. And there were more
- 45:45Speaker 2: claims that he had people actually threatening his staff if
- 45:50Speaker 2: they dared to speak up. Joining me from London, his
- 45:52Speaker 2: writer broadcasting commentator Esther Krakhu esther the allegations against Muhammed
- 45:57Speaker 2: al Fayed had been made for thirty years and worried
- 46:00Speaker 2: about nowhere. Why is it exploded now?
- 46:04Speaker 14: I think one of the things that has made this
- 46:06Speaker 14: story come up again is I don't know if you've
- 46:08Speaker 14: been following the recent situation with p Diddy, who has
- 46:12Speaker 14: it's sort of the latest me too figure who's now
- 46:14Speaker 14: been is being prosecuted over alleged crimes of prostitution or prostitutions,
- 46:20Speaker 14: sex trafficking and sexual assault. But the real problem here
- 46:23Speaker 14: is for Kiirs Starmer because in the UK, when you
- 46:26Speaker 14: mentioned Kirs Starmer as being the director of the Crime
- 46:28Speaker 14: Prosecution Service, you can't help but talk about Jimmy Savile.
- 46:31Speaker 14: And while he says personally that the case was never
- 46:34Speaker 14: brought before him, you know, the Crime Prosecution Service had
- 46:37Speaker 14: files and quite compelling evidence of dozens of women that
- 46:40Speaker 14: came forward and said Jimmy Sewell abuse them, and the
- 46:43Speaker 14: Crime Prosecution Service still decided, weirdly to close the case
- 46:46Speaker 14: a year after Kistarmer had become the director of the CPS.
- 46:50Speaker 14: And so now when this story that's coming up, it's
- 46:53Speaker 14: another problem for Kis Starmer because it looks like he
- 46:55Speaker 14: just ran a very incompetent CPS. If you're going to
- 46:58Speaker 14: be generous about it, and if you're not going to
- 47:00Speaker 14: be jealous about it, you're going to say that he
- 47:02Speaker 14: knew about these things, but still decided to close the cases.
- 47:05Speaker 14: And this is amidst the storm of the fact that
- 47:07Speaker 14: he's taken over one hundred thousand pounds worth of gifts
- 47:10Speaker 14: from various lobbyists and from various interest groups. It really
- 47:13Speaker 14: does kind of paint this really corrupt and sleazy figure
- 47:16Speaker 14: who was actually incompetent at his job and is now
- 47:18Speaker 14: just you know, failed upwards to the position of prime minister,
- 47:22Speaker 14: which is scary for the rest of us. Obviously, Muhammad
- 47:25Speaker 14: al fh Ed is dead, so this is not a
- 47:27Speaker 14: case that can go to court, but it does raise
- 47:29Speaker 14: a lot of questions of what kind of operation Kiirsamran
- 47:32Speaker 14: when he was director of the CPS and how many
- 47:34Speaker 14: offenders the incompetence of his leadership allegedly were allowed to
- 47:40Speaker 14: get off scott free.
- 47:43Speaker 2: It's astonishing, and you mentioned it comes on. I know
- 47:46Speaker 2: it's you know, mine are bad comparison, and maybe it's
- 47:49Speaker 2: not even having to say that astonishing headline will stop
- 47:55Speaker 2: taking free clothes, say Starmer and Rayner, that changel the
- 47:58Speaker 2: Rainer is definitely prime minister. They've got to stop bludging
- 48:02Speaker 2: new clothes off people. I mean, how techy.
- 48:08Speaker 14: Must be must be applauded because they're going to stop
- 48:11Speaker 14: taking free stuff. I mean, one thing I find absolutely
- 48:13Speaker 14: shocking is there's no one in sort of British journalism
- 48:16Speaker 14: at the moment that's asking the very basic question of
- 48:18Speaker 14: what did you agree to in exchange for all this
- 48:21Speaker 14: free stuff. You can't make the argument that you've received
- 48:24Speaker 14: over one hundred thousand pounds worth of free stuff just
- 48:26Speaker 14: because all of these people were your friends and they
- 48:28Speaker 14: were just doing new favors and freebies were part of you.
- 48:31Speaker 14: There is clearly an agreement of some kind and understanding
- 48:35Speaker 14: that may very well be against the public's interest, but
- 48:37Speaker 14: by virtue of accepting.
- 48:38Speaker 2: Had to be agreed to them, had to be. It's
- 48:42Speaker 2: the head to be. You don't accept that for nothing,
- 48:44Speaker 2: it's the correctly Thanks you so much for your tim
- 48:47Speaker 2: more next week. Unbelievable stuff. That's it for me, Sherry
- 48:50Speaker 2: Maxon Now good night,