Transcript

Credlin | 5 November · Credlin

0:02
Speaker 1: Pedo Krandland live on skyins Australia.
0:08
Speaker 2: Good evening, welcome to the program. His what's coming up tonight?
0:11
Speaker 2: No reprieve today for households. The Reserve Bank holds its
0:15
Speaker 2: cup day MEETI and alects to keep our rates on hold.
0:18
Speaker 2: What's clear though government spending continues to impact inflation that
0:22
Speaker 2: will also have a bearing on a likely early election.
0:26
Speaker 2: Economist Warren Hogan joins me for more Trump and Harris
0:30
Speaker 2: Well and Tuly into the home Straight now across live
0:32
Speaker 2: to the US as the candidates to make their final
0:34
Speaker 2: pitch in key battleground states.
0:37
Speaker 3: We'll also take a closer look at this talk of a.
0:39
Speaker 2: Gender vote tomorrow and another backward ad released from the Democrats,
0:45
Speaker 2: the eye watering costs incurred by you, the taxpayer. We
0:50
Speaker 2: learn about that today after labour free those foreign criminals
0:53
Speaker 2: as part of the n z YQ cohort, and today
0:57
Speaker 2: not a single preventative detention order has been.
1:02
Speaker 4: Lodged with the enzed YQ component of it. Question seventeen
1:06
Speaker 4: a breakdown of the cost and curd to date by
1:07
Speaker 4: the Kmwealth.
1:08
Speaker 5: As at thirty September twenty twenty four, the Department has
1:11
Speaker 5: spent seventy three point two to eight million dollars.
1:17
Speaker 2: All right, we're going to stay with that issue because
1:19
Speaker 2: as a case studying government in competence, it's hard to
1:22
Speaker 2: go past Labour's uncontrolled release of foreign criminals into the
1:26
Speaker 2: community and its aftermath, which is still playing out today
1:31
Speaker 2: in Canberra.
1:33
Speaker 3: Enz YQ.
1:34
Speaker 2: We still don't know the complainant's actual name was the
1:38
Speaker 2: convicted foreign sex offender in immigration detention awaiting deportation, whose
1:43
Speaker 2: attention was later ruled illegal by the High Court on
1:47
Speaker 2: the grounds that it amounted to indefinite imprisonment and because
1:51
Speaker 2: it failed to anticipate the outcome of the case. Despite
1:55
Speaker 2: very clear warnings from the bench, the Aminezi government then
1:59
Speaker 2: released one hundred and fifty other foreign criminals into the community,
2:04
Speaker 2: including murderers, rapists.
2:06
Speaker 3: And child sex offenders.
2:08
Speaker 2: Now you will recall that in the ensuing uproar, Parliament
2:12
Speaker 2: urgently passed legislation that the government said it was vital
2:16
Speaker 2: for the safety of.
2:16
Speaker 3: The community so as to provide preventative detention.
2:20
Speaker 2: For foreigners who could not be deported but who were
2:24
Speaker 2: judged to be at serious risk of committee major crimes.
2:29
Speaker 6: That is why today we have introduced urgent legislation to
2:33
Speaker 6: strengthen visa restrictions and impose criminal penalties on non citizens
2:37
Speaker 6: where necessary to keep Australian.
2:38
Speaker 3: Safe to be a difficult choice.
2:42
Speaker 7: This legislation should be above politics, should be the response
2:46
Speaker 7: as should be as should be the response.
2:50
Speaker 2: More broadly, well, that was this time last year, and
2:57
Speaker 2: we now learned through cented estimates this week that not
2:59
Speaker 2: a single action has been launched under these laws passed
3:04
Speaker 2: so urgently late last year to protect the community.
3:08
Speaker 1: Hundreds of people have been released from immigration detention following
3:11
Speaker 1: the inn zed YQ decision, who've then gone on to
3:14
Speaker 1: reoffend against the community, and now twelve months on, the
3:18
Speaker 1: government has still not redetained any of them. Under special
3:21
Speaker 1: powers of the government's the Parliament gave the government.
3:25
Speaker 2: Not a single action, not one even though, and it's
3:30
Speaker 2: now some two hundred and fifteen foreign criminals that have
3:33
Speaker 2: been released from detention, including twelve verterers, sixty six sex offenders,
3:39
Speaker 2: and ninety seven others who've been charged with violent crimes.
3:44
Speaker 2: What's more, we learn that all up fighting the n
3:49
Speaker 2: z YQ case through the courts and managing its aftermath
3:53
Speaker 2: have cost us as taxpayers seventy three million dollars to the.
3:59
Speaker 4: Enz YQ component of it. Question seventeen are breakdown of
4:02
Speaker 4: the cost and curd to date by the Comwealth.
4:04
Speaker 8: As at thirty September twenty twenty four, the Department has
4:07
Speaker 8: spent seventy.
4:08
Speaker 5: Three point two to eight million dollars.
4:13
Speaker 2: Seventy three million dollars to leave foreign criminals with no
4:16
Speaker 2: right to be in Australia effectively loose on our streets,
4:20
Speaker 2: in our suburbs, many of them who have breached reporting
4:24
Speaker 2: conditions and some who have committed further serious crimes.
4:29
Speaker 3: How is this effective? Government?
4:32
Speaker 2: But what is going on inside the Home Affairs Department
4:36
Speaker 2: that's supposed to be managing border security as well as
4:40
Speaker 2: failing to keep convicted foreign criminals isolated from the Australian community.
4:45
Speaker 2: This is the department that's issued tourist visas to three
4:49
Speaker 2: thousand people from a terrorist controlled war zone without any
4:53
Speaker 2: serious vetting. This is over and above the sum twenty
4:58
Speaker 2: thousand humanitarian vis the government already planned to issue.
5:04
Speaker 8: I'm prepared to say it involves one.
5:06
Speaker 4: Okay, all right, well that's helpful. I appreciate that. So
5:08
Speaker 4: that one person has had their visa canceled on shore
5:11
Speaker 4: and is in immigration detention. Can you tell me whether
5:13
Speaker 4: it was for character or security grounds sentaor it was
5:16
Speaker 4: canceled under Section five oh one of the Migration Act.
5:19
Speaker 4: Explained that in plain language terms for people watching who
5:21
Speaker 4: don't know the provisions of the Migration Act.
5:23
Speaker 9: So those are the character provisions and the Migration Act.
5:25
Speaker 8: I'm not trying to say that it was information that
5:28
Speaker 8: was new and came to light or about something that
5:31
Speaker 8: happened on shore. I actually don't know the answer to that.
5:34
Speaker 8: What I do know, and we've said before, is that
5:37
Speaker 8: we continually are updated, or agencies are continually updated about individuals.
5:46
Speaker 2: It's like pulling teeth, isn't it to get to you
5:48
Speaker 2: the information that as Australian voters you are entitled to.
5:52
Speaker 2: This is the same Home Affairs Department bind you. But
5:55
Speaker 2: as I showed you last night, has dumped the Australian
5:58
Speaker 2: flag from its official photographs. That's the Secretary there, Stephanie Foster.
6:03
Speaker 2: She's calling it cultural reform. I call it cultural vandalism,
6:08
Speaker 2: because how can we tolerate a key government department being
6:11
Speaker 2: seemingly embarrassed about our national flag? But the wrong headedness
6:17
Speaker 2: doesn't stop there. This is a department that's also taken
6:21
Speaker 2: on as an associate secretary, one of the key officials
6:25
Speaker 2: involved in Victoria's hotel quarantine fiasco. Now with no Commonwealth
6:31
Speaker 2: public service experience, Emma Cassa is now in charge of
6:36
Speaker 2: the policy program management and service delivery functions for Australia's
6:41
Speaker 2: immigration program. And despite the Home Affairs Department being based
6:45
Speaker 2: in Canberra, Kassar has been allowed to work from Melbourne,
6:49
Speaker 2: with media speculation today that a salary could be as
6:52
Speaker 2: high as five hundred and ninety thousand dollars. That's about
6:57
Speaker 2: as high as a prime minister. When Peter and was
7:00
Speaker 2: Home Affairs Minister, Labor routinely criticized that then government for
7:03
Speaker 2: being too tough.
7:05
Speaker 3: In those days.
7:06
Speaker 2: Though our borders were secure, we never had foreign criminals
7:09
Speaker 2: loose on the streets because of administrative incompetence, and we
7:13
Speaker 2: never had a government pass laws to give itself urgent powers.
7:19
Speaker 3: That it's then to gutlass to use.
7:22
Speaker 2: Talk about incompetence writ large. Look, if you thought that
7:30
Speaker 2: death duties had been abolished in Australia, I think again.
7:34
Speaker 2: By increasing the costs of an application for probate on
7:37
Speaker 2: a whill from a few one hundred dollars to a
7:39
Speaker 2: few thousand dollars and almost seventeen thousand dollars for larger states.
7:45
Speaker 2: The Victorian governments effectively reintroduced death taxes. It's been justified
7:51
Speaker 2: as a cost recovery exercise, but there's no way that
7:54
Speaker 2: filling paperwork in costs that much. So this is a
7:59
Speaker 2: new tax revenue grab on the dead, pure and simple.
8:03
Speaker 2: But this is exactly what we can expect from labor governments.
8:08
Speaker 2: More and more spending plus down the track, more and
8:10
Speaker 2: more taxing of the most productive people in the society,
8:14
Speaker 2: Like the former Queensland labor government's fifty cent public transport fares.
8:19
Speaker 2: As much as some might like them, they're unsustainable to
8:22
Speaker 2: the budget in the medium to long term. Like this
8:26
Speaker 2: week's sixteen billion dollar gift to graduates with a hexstead,
8:30
Speaker 2: kids that will go on to earn more on average
8:33
Speaker 2: than the very taxpayers who'll foot the bill for this
8:36
Speaker 2: discount today load and middle income murders who likely have
8:41
Speaker 2: never seen the inside of a university. This isn't a
8:45
Speaker 2: government interested in equity. This is a government desperate to
8:49
Speaker 2: buy votes. Today and his caucus meeting the Prime Minister
8:53
Speaker 2: reportedly reassured his nervous backbenches that he'd soon be announcing
8:58
Speaker 2: a series of key policies in order to win the
9:01
Speaker 2: next election. It's likely to be announced in February for
9:04
Speaker 2: March before the government's political woes worsen. But the only
9:09
Speaker 2: policy this government has ever had, apart from capitulation to
9:13
Speaker 2: the unions, is evermore spending, evermore bureaucracy, and ever more handouts.
9:20
Speaker 2: No surprises here, say the expert. That's the net result
9:23
Speaker 2: from all this spending that we've got today. And that's
9:27
Speaker 2: another day where the Reserve Bank meets and keeps rates
9:30
Speaker 2: on hold. In other words, you're paying more because the
9:35
Speaker 2: government's spending more. It's as simple as that.
9:43
Speaker 3: All right, we'll go to Canberra now with cam Redden
9:45
Speaker 3: for the headlines. Good evening.
9:48
Speaker 10: The Reserve Bank has once again kept the cash rate
9:51
Speaker 10: on hold, and the Governor, Michelle Bullock is still refusing
9:54
Speaker 10: to rule out an interest rate rise early next year.
9:57
Speaker 11: So there's just some things at the edges that suggest
10:00
Speaker 11: that there might be a little bit of upside risk
10:02
Speaker 11: in here.
10:02
Speaker 9: So that's why, So we can't rule anything in or out.
10:05
Speaker 10: Rates have now been on hold for a full year
10:08
Speaker 10: at four point three five percent. The big four commercial
10:11
Speaker 10: banks are all expecting relief to come in February at
10:14
Speaker 10: the RBA's first meeting of the new year.
10:17
Speaker 3: We are confident, but places about a soft landing in
10:20
Speaker 3: our economy.
10:21
Speaker 10: The ABC has apologized for what it calls an editing
10:24
Speaker 10: error that saw gunshots incorrectly included in a story about
10:28
Speaker 10: the Afghanistan War. An internal investigation has cleared the National
10:32
Speaker 10: broadcaster of deliberately doctoring footage that aired as part of
10:36
Speaker 10: two broadcast stories and one online article. It launched an
10:40
Speaker 10: inquiry after Channel seven Spotlight program raised concerns the audio
10:45
Speaker 10: shown did not match the original footage.
10:53
Speaker 7: The literally added extra gunshots.
10:55
Speaker 10: We sincerely regret and apologize those editing errors.
10:59
Speaker 9: It was not deliberate and there was no doctoring.
11:02
Speaker 4: Absolutely and clearly it shouldn't have occurred.
11:05
Speaker 5: He's got a roll on that one, because that is
11:08
Speaker 5: that is a real big dark mark against the ABC
11:11
Speaker 5: for doing that.
11:12
Speaker 10: Cameron Reddin's Sky News Canberra.
11:16
Speaker 2: All right, plenty happy in Canberra this week of course,
11:18
Speaker 2: and the United States as well. Let's bring us Sky
11:20
Speaker 2: News Political editor Andrew Clenell Well. We both watched I'm
11:25
Speaker 2: sure you watched it with me, that election launch that
11:28
Speaker 2: happened on Saturday A Sunday Beggy Pardon in Adelaide. Clearly
11:33
Speaker 2: the campaign is underway, a big US style rally at
11:37
Speaker 2: an Adelaide school. I have to say, Andrew, more and more,
11:41
Speaker 2: it's looking like we're going early.
11:42
Speaker 3: What do you think.
11:45
Speaker 11: I think it depends on the Reserve Bank, Peter. I
11:49
Speaker 11: think if they were to cut rates in February, very
11:53
Speaker 11: good chance that was the case, and you'd be looking
11:56
Speaker 11: at a late March kind of election. Not to get
11:58
Speaker 11: too much in the way of the WA election. They
12:01
Speaker 11: have a meeting around February eight, I believe, and the
12:04
Speaker 11: government there are people in government who believes they will
12:06
Speaker 11: cut rates then. But some of that data they put
12:09
Speaker 11: out today you do wonder because they've revised their inflation
12:13
Speaker 11: forecast down, but they say in late twenty twenty five
12:15
Speaker 11: goes back up to three point seven. So how could
12:18
Speaker 11: you cut rates if you believe that's the case. And
12:19
Speaker 11: that's of course because the power bill, relief etc. Comes
12:23
Speaker 11: off then, so they're pretty conservative. If this government's relying
12:27
Speaker 11: on them to cut rates in either February or April,
12:30
Speaker 11: it's a big gamble, but you know, it's pretty much
12:33
Speaker 11: the only gamble they've got. Although they've started rolling out this,
12:37
Speaker 11: you know they're going to wipe twenty percent of student dead.
12:39
Speaker 11: Opposition immediately opposed it, so that's a battle ground. There'll
12:42
Speaker 11: be another announcement as I understand it, next month, one
12:45
Speaker 11: in January as well, one in February, and then it's
12:48
Speaker 11: a matter of whether or not we're going to a
12:49
Speaker 11: budget and an election or just an election, which is
12:53
Speaker 11: where your question stems from, Really, do they want to
12:55
Speaker 11: do another budget before an election when that budget could
12:59
Speaker 11: be criticized as being inflationary, when that budget will certainly
13:04
Speaker 11: you would expect contained deficits and not the two surpluses
13:07
Speaker 11: they've been boasting about every day.
13:11
Speaker 2: Well, I hope there's someone in the PM's office with
13:13
Speaker 2: his or her economic brain switched on, because the PM
13:17
Speaker 2: seems to be talking at odds here because he tells
13:20
Speaker 2: his caucus don't worry, don't get nervous. You know, we'll
13:23
Speaker 2: get you over the line. We'll win the next election.
13:25
Speaker 2: I've got all these policies I'm going to roll out.
13:27
Speaker 2: You know, we expect they're going to come in December
13:29
Speaker 2: and January. Of course, the big spending is what's causing
13:34
Speaker 2: the RBA not to cut rates. It's what's causing them
13:37
Speaker 2: to keep them on hold and that small risk that
13:39
Speaker 2: they might go up again. So how can he have
13:41
Speaker 2: all these big spending policies on their way and aim
13:45
Speaker 2: for that rate cut in February.
13:48
Speaker 11: The only way you can do it is to have
13:50
Speaker 11: them occur in the our years. Have the mccerr kind
13:54
Speaker 11: of from twenty twenty six on, and I guess the
13:57
Speaker 11: reduction of student debt doesn't take affect for some time,
14:01
Speaker 11: does it. The government wouldn't have expected to get that money.
14:03
Speaker 3: Well, just on that one.
14:04
Speaker 2: It's actually a lot of people don't know this. It
14:07
Speaker 2: bears as an asset on the budget books. It doesn't
14:10
Speaker 2: bear as a liability because the debts coming back. It's owed,
14:13
Speaker 2: you know, it's money owed to the Commonwealth. But that's
14:16
Speaker 2: just deferring the payment. That's a timing issue really. I mean,
14:19
Speaker 2: the twenty percent cut is material, but the payment structures
14:23
Speaker 2: are just timing issues. And you're putting that hit on
14:26
Speaker 2: taxpayers today who are not at university for the windfall
14:30
Speaker 2: gain of the UNI student who we know from all
14:33
Speaker 2: the statistics having got a university bachelor degree are always
14:36
Speaker 2: likely to earn more the poor old Margaret's paying for
14:39
Speaker 2: them to get that degree. Now, that's where there's a
14:42
Speaker 2: lack of equity in all of this.
14:45
Speaker 11: Indeed, that can be argued. I guess the issue for
14:48
Speaker 11: the government is they have to be creative because, as
14:51
Speaker 11: you say, if they just do normal cash splashes or
14:54
Speaker 11: immediate tax cuts, that's going to be pouring fuel on
14:58
Speaker 11: the inflation fire. They need to be trying to say
15:01
Speaker 11: we're helping you with the cost of living in a
15:04
Speaker 11: way that's not just pouring money into the economy immediately.
15:09
Speaker 2: What about all the continuing fallout from those quoncious perks
15:14
Speaker 2: the Prime Minister got for personal travel. I think people
15:18
Speaker 2: are less concerned about being upgraded on a business flight
15:21
Speaker 2: that's actually saving the taxpayer money getting a business class
15:25
Speaker 2: seat for the politician when they've bought an economy seat.
15:29
Speaker 2: All this talk now of people renouncing their lounge access,
15:34
Speaker 2: but also the mooted band now on accepting any upgrade
15:39
Speaker 2: on a personal flight.
15:41
Speaker 3: I think that's a no brainer.
15:42
Speaker 2: I think that should absolutely be an announcement from the government,
15:46
Speaker 2: and I'm surprised they haven't announced it yet.
15:48
Speaker 11: What do you think he won't do it? I don't
15:51
Speaker 11: think Anthony Albanesi. But is intriguing that the Opposition hasn't
15:57
Speaker 11: asked a single question about Anthony Albanese's upgrade, and I
16:01
Speaker 11: think a real reason for that is revealed this afternoon.
16:03
Speaker 11: Is in the next couple of days, the shadow of
16:05
Speaker 11: Transport Minister, who was jumping up and down about this
16:08
Speaker 11: at the start, is going to have to admit that
16:11
Speaker 11: she took more than eleven upgrades, as I understand it,
16:14
Speaker 11: for a lot of them for personal travel. This is
16:18
Speaker 11: since twenty fifteen. She's been through a record, she's been
16:21
Speaker 11: to the airline. She's waiting for final confirmation it is
16:24
Speaker 11: more than eleven. She came on sky and said I
16:26
Speaker 11: haven't had any. Now, these were at the gate, as
16:29
Speaker 11: I understand it, they were a situation where in advance,
16:34
Speaker 11: which is some of the But you're right, it's a
16:36
Speaker 11: terrible look and basically it's put Peter Dutton in a
16:39
Speaker 11: bit of a corner if he wanted to take Anthony
16:42
Speaker 11: Alberinezi on the issue, because she's got real problems, I mean,
16:46
Speaker 11: a portfolio's transport. She's previously been the master of the crownd.
16:49
Speaker 11: She hasn't made her declarations.
16:53
Speaker 2: Andrew, I don't buy this idea. It's at the gate
16:56
Speaker 2: they can say no. I have known politicians who at
16:59
Speaker 2: the gate, they've tried it with a phone call.
17:01
Speaker 3: They've been off an upgrade, they've rejected it.
17:03
Speaker 2: They got upgraded at the lounge, the handed back the
17:05
Speaker 2: ticket and said no, you put me back in my
17:06
Speaker 2: economy seat. They've tried it, you know, literally when you're
17:10
Speaker 2: scan boarding the plane to upgrade them at that point,
17:12
Speaker 2: and the politicians have repeatedly said no, you can say no.
17:16
Speaker 3: I've seen it happen. I don't buy that as an
17:18
Speaker 3: excuse at all.
17:21
Speaker 11: Interesting because her defense will be well, at least I
17:23
Speaker 11: needn't solicit them, I understand from opposition sources. So but
17:29
Speaker 11: that's all she's got because she certainly should have declared them.
17:31
Speaker 11: And that's a real lapse.
17:35
Speaker 3: Yeah, all right, we'll leave it there.
17:36
Speaker 2: Just before we go, I'll mentioned too, the Clerk of
17:39
Speaker 2: the Senate has confirmed that lidiar Thorpe says there's no
17:43
Speaker 2: test of sincerity when members are sworn in, so she
17:47
Speaker 2: stands as a member. I think the whole thing has
17:49
Speaker 2: got to change. Andrew, but we'll talk about that next time.
17:51
Speaker 2: Thanks for your company, see you next week. Let's go
17:54
Speaker 2: now too. This immigration issue continuing to be authority one
17:58
Speaker 2: for the government revelations the ongoing costs, so that n
18:01
Speaker 2: ZYQ cohort we saw that a moment ago and send
18:05
Speaker 2: an estimate seventy three million dollars it's cost us. For
18:09
Speaker 2: more on this now I'm joined by the Shadow Minister
18:11
Speaker 2: for Immigration and Citizenship, Dan ten Well.
18:15
Speaker 3: I can't believe it.
18:16
Speaker 2: Danteen seventy three million dollars. You were dragged back to
18:21
Speaker 2: Parliament to urgently pass legislation this time last year. But
18:26
Speaker 2: we also find, in addition to the millions that's cost us,
18:29
Speaker 2: nothing has come forward from the government yet, not one
18:33
Speaker 2: application for a preventative detention order. Is that a surprise to.
18:40
Speaker 6: You well sadly, Peter, No, it's not a surprise, and
18:46
Speaker 6: I think it is deeply, deeply concerning that this government
18:51
Speaker 6: continues to be all about spin and not about substance.
18:56
Speaker 6: They dragged us all back you'll remember just before Chris
19:00
Speaker 6: with great fanfare because we needed to keep the Australian
19:03
Speaker 6: people safe, and now it's absolutely clear that it was
19:07
Speaker 6: all just the charade, and I think this government every
19:12
Speaker 6: single day is giving a reason to the Australian people
19:16
Speaker 6: why they are not fit to be elected again at
19:19
Speaker 6: the next election, because everything they've done has not delivered
19:24
Speaker 6: for the Australian people. And this is just another one
19:27
Speaker 6: of those things.
19:30
Speaker 3: Dan.
19:30
Speaker 2: A lot of these people in the community, the two
19:34
Speaker 2: hundred and fifteen are recidivists, so they've been out of
19:37
Speaker 2: detention and they've recommitted crimes of some sort. They might
19:41
Speaker 2: be surveillance crimes, they might be crimes where they've not
19:44
Speaker 2: met their bail conditions or sort of they're monitoring conditions.
19:48
Speaker 3: Why aren't they immediately put back, under the.
19:50
Speaker 2: Current laws into some sort of detention. Why aren't they
19:54
Speaker 2: put before the courts for breaching Australian law.
19:58
Speaker 6: It's a very good question that the government needs to answer.
20:02
Speaker 6: And not only that, what we're seeing is that some
20:05
Speaker 6: of these people have been put or brought back into
20:09
Speaker 6: detention and then have been let out again. And so
20:14
Speaker 6: not only are they in some instances bringing them in,
20:17
Speaker 6: then they're letting them out again. And the whole thing
20:20
Speaker 6: just seems to be a complete and utter mess. Now,
20:25
Speaker 6: obviously we saw one minister Andrew Giles and his boss,
20:31
Speaker 6: Claire O'Neill, the Home Affairs Minister, lose their jobs over this.
20:35
Speaker 6: They've sadly been placed in other jobs though. But Tony
20:39
Speaker 6: Burke came in and said that he was going to
20:42
Speaker 6: act and fix the mess. And all we're seen is
20:45
Speaker 6: the mess is getting worse. And as we found out
20:49
Speaker 6: through an appointment in Senate estimate someone from the Victorian
20:53
Speaker 6: state government who was looking after their hotel quarantine regime.
20:57
Speaker 6: I think the mess is even going to get worse
21:00
Speaker 6: because they're putting the wrong people in to try and
21:03
Speaker 6: fix the mess.
21:06
Speaker 3: Yeah.
21:06
Speaker 2: I mentioned her at the top of the show, named
21:08
Speaker 2: Emma Cassa. I looked at her very closely during the
21:11
Speaker 2: whole COVID debacle in Victoria. She's a Victorian bureaucrat. She's
21:16
Speaker 2: now been seconded to the federal public service. She's running
21:21
Speaker 2: Australia's immigration system, not from Canberra, though, she's running it
21:24
Speaker 2: from Melbourne. There's talk of a six hundred thousand dollars
21:27
Speaker 2: salary that's.
21:28
Speaker 3: Not yet confirmed. But I'll tell you what.
21:30
Speaker 2: She's got no federal experience, or indeed immigration policy experience.
21:36
Speaker 3: So how does she get a role like that Dantean.
21:40
Speaker 6: Well, it's a very good question again, and you're right,
21:43
Speaker 6: we don't know what she's getting paid, but there are
21:46
Speaker 6: reports that she could be getting paid as much as
21:50
Speaker 6: five hundred and ninety thousand dollars to work from Victoria,
21:54
Speaker 6: from Melbourne looking after our immigration system. Now the Australia
22:00
Speaker 6: and Tax pay will be asking themselves, in a cost
22:03
Speaker 6: of living crisis, how can anyone be being paid that
22:07
Speaker 6: amount of money to be working from Melbourne looking after
22:11
Speaker 6: our immigration system. And not only that, this is someone,
22:15
Speaker 6: as you will well remember, was in charge of hotel quarantine.
22:19
Speaker 6: Now there were people under her charge who were giving
22:24
Speaker 6: nebulizers to patients who sorry to those who were being
22:28
Speaker 6: kept in the hotel quarantine, were allowing people to smoke
22:33
Speaker 6: these cigarettes. And her response to all that was to say, oh, well,
22:38
Speaker 6: we don't need to apportion blame here. Well, there was
22:42
Speaker 6: a need to a portion blame, because you'll remember, Peter,
22:45
Speaker 6: it led to a five day lockdown for that incompetence.
22:49
Speaker 6: And we're now trusting this person to look after our
22:53
Speaker 6: borders when we've seen over a million people come in
22:57
Speaker 6: in the space of two years, and in a housing
22:59
Speaker 6: and rental crisis, it beggars belief.
23:04
Speaker 3: Yeah, I have a long memory.
23:05
Speaker 2: I saw her name turn up in reports late last
23:08
Speaker 2: night and I was straight onto it. I just quickly
23:10
Speaker 2: said an estimate, this is your colleague, James Patterson. He's
23:13
Speaker 2: raised real concerns about Tony Burke, who, in addition to
23:17
Speaker 2: Home Affairs is also the cybersecurity minister that he's continuing
23:21
Speaker 2: to drive an ev that even the Chinese authorities won't
23:27
Speaker 2: allow into sensitive locations because of security concerns. Patterson thinks
23:32
Speaker 2: it's basically a Chinese listing device. Does this raise security
23:37
Speaker 2: red flags for you?
23:41
Speaker 6: Absolutely? And how Tony Burke has allowed this to happen.
23:45
Speaker 6: He's obviously trying to virtue signal to those on the
23:48
Speaker 6: left in his party room, because as we know, he's
23:51
Speaker 6: up and about in terms of wanting to replace Anthony
23:55
Speaker 6: Albanezi sometime after the next election, we assume. So this
23:59
Speaker 6: seems to be him virtual virtue signaling to the left
24:02
Speaker 6: of his party room. And yet what he's doing is
24:05
Speaker 6: putting our national security at risk. And once again it
24:09
Speaker 6: just goes to show that Andrew Joles and Claire O'Neill
24:13
Speaker 6: might have been replaced, but the person that they've been
24:17
Speaker 6: replaced with is simply.
24:18
Speaker 3: An utterly not up to the job.
24:20
Speaker 6: And he's appointing people who simply and utterly aren't up
24:23
Speaker 6: to the job. And we're just going to see immigration
24:26
Speaker 6: become more and more of a mess in this country,
24:29
Speaker 6: which is not what we need as a nation, especially
24:33
Speaker 6: at this time.
24:36
Speaker 2: I had to say it, Dan, I think the Dan
24:38
Speaker 2: Andrew's disease of appointing people for political reasons and politicizing
24:45
Speaker 2: the public service I will have made its way to Canberra.
24:48
Speaker 2: I'll leave that comment there and come back to it
24:50
Speaker 2: another time. Thanks Dan, See you soon after break. No
24:53
Speaker 2: change in the cash rate, fresh warnings, but the government
24:56
Speaker 2: is exacerbating inflation. Plus will Cross Life Florida as Americans
25:01
Speaker 2: are now just hours away.
25:02
Speaker 3: From their official polling day.
25:08
Speaker 2: Welcome Bank still to Carmel Cross Live to Florida for
25:11
Speaker 2: the latest in a race that almost every expert says
25:14
Speaker 2: is too close to call. The First Reserve Bank today
25:18
Speaker 2: at its official Melbourne cap meeting, has left the cash
25:21
Speaker 2: rate on hold at four point thirty five percent. Now,
25:24
Speaker 2: worryingly for those households struggling that we're hoping to see
25:28
Speaker 2: a rate cut, there seems to be little reprieve in sight,
25:32
Speaker 2: with the banks saying in a statement that reads, while
25:35
Speaker 2: headline inflation has declined, underlying inflation is more indicative of
25:40
Speaker 2: inflation momentum and remains too high. Joted me now for
25:44
Speaker 2: his analysis of the decision today, Judobank's economic advisor Warren Hogan.
25:49
Speaker 3: Well, thanks for.
25:50
Speaker 2: Your time, Warren. What does this decision say to you today?
25:54
Speaker 2: Couple with that statement from the bank about underlying inflation,
25:59
Speaker 2: what's the state of economy and what's the likelihood that
26:02
Speaker 2: we might get a rate cut? That's the talk from
26:05
Speaker 2: some of your economist's mates in February or March next year.
26:11
Speaker 5: Yeah, good evening, Peter, thanks for having me on the show.
26:14
Speaker 3: Looked.
26:14
Speaker 5: I think the Reserve Bank today was pretty clear, in fact,
26:17
Speaker 5: they haven't changed their tune all that much, that there's
26:20
Speaker 5: still inflation risk in this economy. Inflation is still running
26:24
Speaker 5: well above their target band, and we have to ignore
26:29
Speaker 5: the artificially impacted headline inflation and look at the core measure,
26:34
Speaker 5: and of course it's still an open question whether or
26:36
Speaker 5: not it is going to return to target on a
26:38
Speaker 5: sustainable way. So what this all tells me is that
26:42
Speaker 5: there's very little chance of a rate cut anytime soon.
26:45
Speaker 5: It's certainly not actively being discussed, and February is only
26:49
Speaker 5: a few months away. It's not that far into the future,
26:53
Speaker 5: so I think that's a very low chance. And indeed
26:55
Speaker 5: I think there are still a real risk that the
26:58
Speaker 5: next movement rates could be up. That might not be
27:00
Speaker 5: till May or even a bit later. But if rates
27:04
Speaker 5: move in the short term, I think there's more chance
27:06
Speaker 5: of a hike than a cut, for the simple reason
27:07
Speaker 5: that inflation is running above target while unemployment is still low.
27:13
Speaker 2: I made the point this is a political comment a
27:15
Speaker 2: little earlier with Andrew Klanell. But comment is the Prime
27:18
Speaker 2: Minister makes today to his backbench. I've got a big
27:20
Speaker 2: program of policy announcements to come. Let's assume we're talking
27:25
Speaker 2: an election somewhere from March to May. He also wants
27:29
Speaker 2: a February ratecap. So if he comes out with all
27:32
Speaker 2: of these big spending measures in December and January head
27:35
Speaker 2: of February, he's not going to get a cut, is he.
27:37
Speaker 3: That's the problem is he's boxed himself in.
27:41
Speaker 5: Nah NO and the RBA in their statement the Bigger
27:45
Speaker 5: Monetary policy statement today has made it quite clear the
27:48
Speaker 5: thing one of the things that's surprised them this year
27:51
Speaker 5: is just how much government spending is in this economy.
27:53
Speaker 5: And if you look at their forecasts, we've got government
27:56
Speaker 5: spending growing at four percent this year and three percent next.
28:00
Speaker 5: Private sector is going to barely grow at one percent
28:02
Speaker 5: this year, barely grow at two percent next, So you know,
28:06
Speaker 5: the government is what is putting that demand into the economy,
28:09
Speaker 5: which is of course keeping that upward pressure on inflation.
28:12
Speaker 5: So the RBA would be very worried about anything remotely
28:16
Speaker 5: resembling what we saw in Queensland before that election being
28:20
Speaker 5: replicated at the federal level. And of course we saw
28:22
Speaker 5: on the weekend this hex announcement, although that's probably not
28:26
Speaker 5: that big an issue from in short term inflation, but
28:29
Speaker 5: it just shows you that they may be willing to
28:31
Speaker 5: spend and that's not going to help get us anywhere
28:34
Speaker 5: near a rate cut.
28:37
Speaker 2: And of course it's not just the federal government we're
28:39
Speaker 2: talking about here in terms of spending, which you mentioned,
28:42
Speaker 2: they're the Queensland campaign. We're looking at the deck burden
28:45
Speaker 2: of the states. Look at Victoria and it's still spending
28:48
Speaker 2: like drunken sailors down here. It's the state burden, but
28:52
Speaker 2: it's also the low value spending, the recurrence spending, the
28:55
Speaker 2: spending where there's no economic impact. And when you look
28:58
Speaker 2: at employment growth in the public sector, well, all those
29:02
Speaker 2: workers have to be paid. When you compare it to
29:04
Speaker 2: the growth in the private sector, which is basically negligible,
29:08
Speaker 2: So you can see that the private sector is under
29:10
Speaker 2: real pressure. It's doing the heavy lifting on inflation. The
29:13
Speaker 2: government's putting fuel on the fire.
29:16
Speaker 5: Yeah, no, that's exactly right. And there's a bigger structural
29:19
Speaker 5: issue at stake here, and that is that we're growing
29:23
Speaker 5: this government like we haven't seen since the late sixties
29:26
Speaker 5: or early seventies. It's the biggest it's ever been as
29:29
Speaker 5: a share of the economy now right now, the problem
29:31
Speaker 5: is is that we are capacity constrained. We need to
29:34
Speaker 5: boost the supply of our economy. How many houses, how
29:36
Speaker 5: many skills, how much infrastructure we've got. And of course,
29:40
Speaker 5: in terms of the private sector, if they stop investing
29:43
Speaker 5: because they can't get hold of the right people because
29:45
Speaker 5: the government's hiring everyone, then that's going to jeopardize that
29:49
Speaker 5: future supply increase in the economy and add to our
29:52
Speaker 5: inflation and growth problem. So I think we're on the
29:55
Speaker 5: wrong path here with the mix of private public and
29:58
Speaker 5: of course we not getting any productivity out of the
30:01
Speaker 5: public sector. It's going backwards, and private sectors really struggling
30:04
Speaker 5: on that front too. So we as a nation are
30:07
Speaker 5: going nowhere in terms of our standard are living. And
30:10
Speaker 5: that's I think our biggest challenge.
30:13
Speaker 2: All Right, we've talked about how tight the polls are
30:16
Speaker 2: politically in economic terms, is one candidate better for the
30:20
Speaker 2: US economy of pheaps the global economy out of the
30:23
Speaker 2: race that's going to occur in the next couple of hours.
30:25
Speaker 2: I mean, does the market have a preferred winner here?
30:30
Speaker 12: Yeah.
30:31
Speaker 5: Look, I think for markets and business the big, big
30:34
Speaker 5: problem will be any uncertainty associated with the outcome, and
30:38
Speaker 5: of course anything that comes from that. So a clear
30:41
Speaker 5: winner one way or the other is a is in
30:44
Speaker 5: the first instance the most important thing. But I think
30:46
Speaker 5: in terms of the short term economic outlook, you know,
30:49
Speaker 5: you saw what happened in twenty sixteen. Trump really supercharged
30:52
Speaker 5: the economy. How sustainable that is is a question, but
30:55
Speaker 5: of course in the short term that'll give the economy
30:58
Speaker 5: and probably markets a real kick. So look, I think
31:02
Speaker 5: the issues though, just making sure we get a clear winner.
31:04
Speaker 5: That's what's going to be most important for investors.
31:09
Speaker 2: And I think that's for you know, quite on the streets,
31:13
Speaker 2: and just an acceptance of the result too. I think
31:15
Speaker 2: that's really important. Warren, thanks for your time. Great to
31:17
Speaker 2: have you on the show. All right, as I said,
31:20
Speaker 2: not long now, the earliest polls will open in just
31:22
Speaker 2: a a three hours on the East coast as America.
31:25
Speaker 3: Finally gets to the Poles.
31:27
Speaker 2: I feel like we've been talking about this for at
31:29
Speaker 2: least a year and a bid Donald Trump or Kamala
31:31
Speaker 2: Harris they will choose as their next president.
31:34
Speaker 3: Joined me now on the eve of this historic election.
31:37
Speaker 2: First Edition hosts Pete Stefanovic live from Palm Beach, Florida.
31:41
Speaker 3: Well, Pete, welcome. I said.
31:44
Speaker 2: This will be historic election because we could end up
31:47
Speaker 2: with the first female president, of course, but she's up
31:50
Speaker 2: against a bloke who survived two assassination perhaps even three
31:54
Speaker 2: assassination attempts, and he's looking for a second non consecutive term.
32:00
Speaker 2: It rarely happens not to mention her very unconventional nomination.
32:06
Speaker 3: You're on the ground there.
32:08
Speaker 2: We know what the turnout has already been, and it's
32:11
Speaker 2: been significant. What's the voter engagement you're coming across.
32:18
Speaker 12: Okay, so good, good evening where you are, Peter, I
32:22
Speaker 12: think the best way to answer that question is by
32:24
Speaker 12: zeroing in on the state of Arizona. So usually Arizona,
32:28
Speaker 12: and we spent a lot of time there on this tour.
32:31
Speaker 12: Usually Arizona would be a fairly safe Republican state, but
32:35
Speaker 12: it flipped to the Democrats last time. Since then, there
32:39
Speaker 12: has been, as you know, absolute border chaos. So you've
32:43
Speaker 12: had last December was a peak period of more than
32:47
Speaker 12: three hundred thousand encounters. That was in the space of
32:50
Speaker 12: just one month, three hundred thousand encounters by police to
32:54
Speaker 12: immigrants trying to sneak across the border illegally. There has
32:58
Speaker 12: been some last minute change from the Biden administration and
33:01
Speaker 12: that number has halved, more than halved, a little over
33:03
Speaker 12: one hundred thousand for the last month. That's the official
33:06
Speaker 12: record that we've got. But when you put that to
33:09
Speaker 12: the people in the southern part of the state, it
33:12
Speaker 12: is high engagement. They're absolutely furious, they are over this
33:17
Speaker 12: current administration and they want to turf them out. But
33:20
Speaker 12: once you get to the bigger cities of Arizona, your
33:24
Speaker 12: places such as Phoenix, there's a little more indifference, if
33:28
Speaker 12: I can put it that way. There is support still
33:31
Speaker 12: for Trump, but there's also support for Kamala Harris. And
33:34
Speaker 12: also there's a lot of people with a quite cynical
33:39
Speaker 12: view on the whole thing. They don't like either of
33:41
Speaker 12: the main two contenders. Either they're not voting or they're
33:45
Speaker 12: voting for independence third parties, which is why that turnout
33:48
Speaker 12: is so high in that state of Arizona. So that's
33:51
Speaker 12: just one example many other states that are like that.
33:54
Speaker 12: But it's just interesting to me in arazz Owner that
34:00
Speaker 12: separates itself from those other states where immigration is the
34:04
Speaker 12: big factor.
34:07
Speaker 2: All Right, Florida's pretty safe for Republican territory. So neither candidate
34:12
Speaker 2: was there. They're up in Pennsylvania and Michigan. They're working.
34:15
Speaker 2: There's hustings pretty hard. What did you make of the
34:18
Speaker 2: final pitch that each of them had to voters.
34:24
Speaker 12: Well, again, it's I mean, immigration is key really for
34:28
Speaker 12: the Republican Party, not to mention the economy and continuing
34:31
Speaker 12: to tackle inflation as well. I think Donald Trump is
34:35
Speaker 12: executing that point pretty well. I mean you have the
34:37
Speaker 12: example today where he was in North Carolina, and he
34:41
Speaker 12: made that threat to the new Mexican government that if
34:44
Speaker 12: they don't sort the border out, then they are going
34:47
Speaker 12: to face higher tariffs and higher taxes. So Donald Trump's
34:51
Speaker 12: been fairly strong on that, and I think a lot
34:53
Speaker 12: of people are receiving that quite well. When it comes
34:56
Speaker 12: to Kamala Harris, though, I think I've noticed a trend
34:58
Speaker 12: here where she doesn't at least not from what I've seen.
35:01
Speaker 12: She doesn't appear to be talking a lot about policy.
35:04
Speaker 12: It's more just attacking the man, saying that democracy is
35:08
Speaker 12: at stake, you can't vote Donald Trump in. And I
35:11
Speaker 12: think she's probably veering away from that argument of immigration
35:15
Speaker 12: because she knows that it has been a policy failure
35:18
Speaker 12: for the Democrats. So they're bringing out the bells and whistles,
35:21
Speaker 12: They're bringing out the celebrity endorsements, the Oprah Winfrey's and
35:25
Speaker 12: Lady Gagas on stage, perhaps to use as a distraction
35:29
Speaker 12: from those policy failures. So a real clear difference in
35:32
Speaker 12: that final push.
35:36
Speaker 2: All Right, you've worked in the US for many years.
35:38
Speaker 2: I want to know how different is this election than
35:40
Speaker 2: others you've covered. I want your take to here on
35:44
Speaker 2: the US media coverage that you've had a look at
35:47
Speaker 2: since you've been there in particular.
35:51
Speaker 12: Well, to answer your first question, I mean, it's it's
35:55
Speaker 12: been fascinating, you know, like you said in the setup,
35:58
Speaker 12: I mean, you've got the attempt to assassinates two of them.
36:02
Speaker 12: Then you've got a primary campaign, which is different this time.
36:06
Speaker 12: I mean there wasn't really much of one. I mean,
36:09
Speaker 12: it was a cake walk for Donald Trump. He did
36:13
Speaker 12: it quite easily. But at least there was a primary
36:15
Speaker 12: for the Republicans. The Democrats didn't have one at all.
36:18
Speaker 12: Kamala Harris was just anointed. There was a swap, and
36:21
Speaker 12: actually a lot of people who I talked to bring
36:23
Speaker 12: that up quite constantly that there should still have been
36:27
Speaker 12: a primary for the Democrats. But when you come to
36:30
Speaker 12: the media, I mean, you obviously have your liberal media
36:33
Speaker 12: and then you have your conservative media as well. I
36:35
Speaker 12: think for the most part, the mainstream meter is pushing
36:39
Speaker 12: pretty hard for Kamala Harris. And I think since I've
36:43
Speaker 12: lived here anyway, that's becoming more and more pronounced, particularly
36:46
Speaker 12: when it comes to the publications such as The New
36:48
Speaker 12: York Times now, which is really swinging the bad heart
36:52
Speaker 12: for Kamala Harris. And I think the same can be
36:54
Speaker 12: said for The Washington Post really too, even though it's
36:57
Speaker 12: not endorsing anyone this time around, its angles are quite clear.
37:04
Speaker 2: I have to say, I'm going to oh my colleagues
37:06
Speaker 2: in the US beers when you're back.
37:08
Speaker 3: I'll have to shout the bar I reckon.
37:09
Speaker 2: Because you've all got up in the middle of the
37:11
Speaker 2: night to join me here on kredline. Pete, thank you
37:13
Speaker 2: for your time, or watch your coverage very closely tomorrow
37:16
Speaker 2: and get some sleep. It's going to be a hectic
37:18
Speaker 2: twenty four hours plus. I honestly don't think we had
37:20
Speaker 2: yet a result tomorrow at night, but we'll see that.
37:23
Speaker 2: We're sitting here at the desk here on Sky News
37:25
Speaker 2: all day tomorrow with our team in the United States,
37:28
Speaker 2: and here you can watch it all live on sky
37:30
Speaker 2: Fox News channel six hundred, of course Sky Regional, and
37:34
Speaker 2: on our website. All right after the ray the dire
37:37
Speaker 2: warning from a major energy sector CEO that says the
37:40
Speaker 2: market's in urgent need of reform or we risk economic catastrophe.
37:45
Speaker 2: Plus a bit later on lots of other international news,
37:48
Speaker 2: we'll look at the UK's new anti woke tour leader.
37:51
Speaker 2: I've met her Cami bad knock, she's amazing, and the
37:55
Speaker 2: King and Queen of Spain pelted with mart As Anger
37:58
Speaker 2: mounts about a lack of support after devastating floods.
38:05
Speaker 3: Welcome back to the calm.
38:06
Speaker 2: What the betting markets can tell us about tomorrow's US
38:09
Speaker 2: selection usually well, a little bit better odds, I think,
38:13
Speaker 2: and certainly often more accurate than the published polls. But first,
38:17
Speaker 2: yet another expert has sounded the alarm on the dire
38:20
Speaker 2: state of our energy market Origin Energy CEO Frank Calabria,
38:25
Speaker 2: warning that the government needs to urgently develop energy market
38:28
Speaker 2: rules for beyond twenty thirty or risk and economic catastrophe.
38:34
Speaker 2: Calabria has gone as far as to say that the
38:36
Speaker 2: dire state of the East Coast gas market is just
38:39
Speaker 2: a taste of what could come if policy policy inertia persists.
38:44
Speaker 2: Joining me now with Skynese contributor and the bloke who's
38:47
Speaker 2: got a big energy doco coming, I call it Chris Yeoman.
38:51
Speaker 3: Chris. We'll get to your doco in a moment. But
38:53
Speaker 3: of all the.
38:54
Speaker 2: Sectors that have been in a state of limbo inside
38:58
Speaker 2: the industry of energy, gas has probably been hit the hardest.
39:02
Speaker 2: All those mixed messages from government. You don't know whether
39:05
Speaker 2: they're for or against gas at the moment. My fear
39:08
Speaker 2: is that the uncertainty that Calabria'S calling out, it's only
39:12
Speaker 2: going to get worse as we head into an election
39:14
Speaker 2: when labors desperate to win over green voters and they
39:18
Speaker 2: don't want to set these new climate targets twenty thirty
39:22
Speaker 2: five that are due in February. What do you think
39:25
Speaker 2: of is of Calabria'S comments.
39:28
Speaker 13: Chris.
39:31
Speaker 14: Well, what he's worried about is that the market that
39:33
Speaker 14: we've developed at the moment to try and get more
39:35
Speaker 14: generation on the system is basically aimed at trying to
39:37
Speaker 14: get more renewable generation only on the system and a
39:40
Speaker 14: little bit of batteries as well, and not aimed at
39:43
Speaker 14: keeping the lights on. So usually when you have a
39:45
Speaker 14: capacity investment scheme, it is about buying capacity to make
39:49
Speaker 14: sure that the lights stay on.
39:50
Speaker 7: What the government's.
39:51
Speaker 14: Desperate to do is to hit this target of eighty
39:53
Speaker 14: two percent renewable generation on the grid by twenty thirty
39:56
Speaker 14: so it's aimed all its guns at that, and of
39:59
Speaker 14: course then at risks completely distorting the marketplace by having
40:02
Speaker 14: a whole lot of generation which simply won't work without
40:05
Speaker 14: gas to back it up.
40:06
Speaker 7: And that's the thing that I think people have got
40:07
Speaker 7: to get through their heads, Peter.
40:08
Speaker 14: The system that is being built at the moment by
40:11
Speaker 14: the government will not function as an electricity system without
40:15
Speaker 14: fifteen gigawatts of gas to back it up. And to
40:17
Speaker 14: put that in some perspective, fifteen gigawatts is enough to
40:21
Speaker 14: power fifteen million homes.
40:23
Speaker 7: So that's not the backup, Peter, that's the.
40:25
Speaker 14: Backbone of the system that's being developed at the moment. Yet,
40:29
Speaker 14: of course we have gas shortages because we've done nothing
40:31
Speaker 14: to try and get gas into the system. And as
40:33
Speaker 14: long as gas stays expensive, then electricity is going to
40:36
Speaker 14: stay expensive. So we're building an extremely expensive system which
40:39
Speaker 14: probably won't work.
40:40
Speaker 7: The lights will probably go out.
40:42
Speaker 14: And in the meantime we won't have the gas that
40:44
Speaker 14: we need for all the other industries that.
40:46
Speaker 3: Run on it.
40:48
Speaker 2: I think the political problem for Gabment though, is they've
40:50
Speaker 2: got to put the new targets out in February. That's
40:54
Speaker 2: the legislative requirement unless they're in caretaker mode. And if
40:58
Speaker 2: it's tough to get these targets done at twenty thirty,
41:01
Speaker 2: and you are well making the point that the system
41:03
Speaker 2: is about about to break under the pressure of those targets.
41:08
Speaker 2: How on earth do they get re elected with new
41:10
Speaker 2: targets out there that are even tougher, honestly, because I
41:14
Speaker 2: think people are waking up to the cost of renewables.
41:19
Speaker 7: Oh, the cost is exhorbit right. Just be under no illusion.
41:22
Speaker 14: The system that we're building is going to be very,
41:25
Speaker 14: very expensive and it will be highly unreliable if it
41:28
Speaker 14: keeps going the way that it is, and all of
41:30
Speaker 14: the things that are being done are being done on aspiration.
41:33
Speaker 14: The people who are talking about the system at the
41:35
Speaker 14: moment in the public marketplace, literally I either do not
41:38
Speaker 14: know what they're talking about, or they know what they're
41:40
Speaker 14: talking about and they're being completely dishonest on purpose about it. Now,
41:43
Speaker 14: it's hard to come to conclusions to which it is.
41:46
Speaker 14: But a lot of the stuff that gets said at
41:47
Speaker 14: the moment is said with so little wit and so
41:49
Speaker 14: little understanding what's happening in the rest of the world
41:52
Speaker 14: that you really do despair for the state of debate
41:54
Speaker 14: in this country.
41:57
Speaker 2: None of them will be prime ministers in twenty thirty.
42:00
Speaker 2: Currently there I doubt anyone will be a minister in
42:03
Speaker 2: twenty thirty that is currently there. It's all care and
42:06
Speaker 2: no responsibility. I've seen it as you have, chrisphy years.
42:09
Speaker 2: I want to go to some footy age out of
42:11
Speaker 2: center estimates. Some comments from once liberal Matt Kean, his
42:15
Speaker 2: Labour's new climate boss, of course, when he was grilled
42:18
Speaker 2: about nuclear pretty heated exchange with senators.
42:21
Speaker 6: Have a listen, well, senator, can I say there's no
42:24
Speaker 6: bigger rent seeking parasite than the nuclear industry.
42:27
Speaker 4: That's exactly what they're coming to the people of Australia
42:30
Speaker 4: with the.
42:31
Speaker 7: Handout for.
42:33
Speaker 3: Nuclear being a rent seeking parasite? What do you make
42:36
Speaker 3: of that?
42:39
Speaker 7: What, Peter? You have to ask yourself a series of questions.
42:41
Speaker 14: In the first is does Matt Kean know more than
42:44
Speaker 14: Microsoft about nuclear energy? Because Microsoft has just reopened three
42:47
Speaker 14: Mile Island, a nuclear power plant that was shut down
42:49
Speaker 14: in nineteen seventy nine hundred and quite a nuclear cloud,
42:52
Speaker 14: in fact, being reopened to run a data center.
42:54
Speaker 7: Does he know more about nuclear energy than the Chinese do?
42:57
Speaker 14: At the moment they've got fifty five nuclear reactors At
42:59
Speaker 14: the moment they're building twenty five. Guess what, Peter, they
43:02
Speaker 14: aim to have another one hundred and fifty built by
43:04
Speaker 14: twenty fifty, or the United States where both major parties
43:08
Speaker 14: are on board now for nuclear energy, and the Biden
43:10
Speaker 14: Energy minister who opened the nuclear power Planet Vogel, the
43:14
Speaker 14: latest one to be built in the United States, said
43:16
Speaker 14: two units down, one hundred and ninety eight to go. Now,
43:19
Speaker 14: you have to assume that Matt Kean knows more about
43:21
Speaker 14: energy than all of those people combined. I'd suggest he
43:24
Speaker 14: probably doesn't. And if you want to use the term parasite, well,
43:27
Speaker 14: that doesn't apply to anything more than it does to.
43:29
Speaker 7: Wind and solar for a number of reasons.
43:31
Speaker 14: One, it survives on taxpayers money, so it cannot survive
43:34
Speaker 14: on any system and create an electrical system without.
43:37
Speaker 7: Having a host. At the moment, that host is coal.
43:39
Speaker 14: If you remove the coal and just leave the wind
43:42
Speaker 14: and solar, the electricity system will fall over.
43:45
Speaker 7: It needs to be buttressed by something.
43:46
Speaker 14: It'll need to be batteries, it will need to be
43:48
Speaker 14: pumped high, and it will need to be gassed. All
43:50
Speaker 14: of those things add cost and complexity to the system.
43:53
Speaker 14: It is the total system cost that will be paying for,
43:56
Speaker 14: not the cost of wind and solar. When it is generating,
43:59
Speaker 14: it does not set the price and the wholesale market
44:01
Speaker 14: either most of the time. So what's being said at
44:03
Speaker 14: the moment is a complete concoction by a group of
44:07
Speaker 14: people who.
44:07
Speaker 7: Should know better.
44:08
Speaker 14: And Matt Kean, by the way, should have been getting
44:10
Speaker 14: gas in New South Wales to make sure that there
44:12
Speaker 14: was some chance that the electricity prices would fall. So
44:14
Speaker 14: he's completely failed the people of New South Wales, as
44:17
Speaker 14: has the Victorian Energy minister, has has the Queensland government.
44:22
Speaker 3: Well, Chris, you're going.
44:23
Speaker 2: To tell you what I would pay big money to
44:25
Speaker 2: see you in a cage fight on energy rhetorically of course,
44:30
Speaker 2: with Matt Keto is sellout festival, hauled out in Melbourne
44:34
Speaker 2: or somewhere big Thanks for your time, don't forget. Chris's
44:37
Speaker 2: documentary is coming up on Tuesday, the nineteenth of November,
44:41
Speaker 2: eight o'clock Eastern daylight.
44:42
Speaker 3: Time or a quick break after the break. A whole
44:44
Speaker 3: lot to get into.
44:45
Speaker 2: I want to look at the polls, I want to
44:47
Speaker 2: look at the betting markets, and a whole lot more.
44:49
Speaker 3: In the States.
44:55
Speaker 2: I'm going to bring in my international panel today for
44:57
Speaker 2: the US election and more. Scanes's contributed Koshit, past chair
45:01
Speaker 2: of the Parliament's Foreign Affairs and Defense Committee, Michael Danby, Well,
45:04
Speaker 2: Donald Trump, Kamala Harris's final pitches. It's in the hands
45:07
Speaker 2: of the American people in about three hours when the East
45:10
Speaker 2: Coast polls open. Here's a breakdown of each candidate's easiest
45:14
Speaker 2: path to the wine House from Fox Hughes.
45:18
Speaker 15: Harris is angling for this blue wall up here, and
45:20
Speaker 15: we've got her at two hundred and twenty five electro votes.
45:23
Speaker 15: Two seventy is the number you need to get to
45:26
Speaker 15: Her easiest way to win a week from today is
45:29
Speaker 15: a take Wisconsin, take Michigan, Take Pennsylvania. That puts her
45:34
Speaker 15: at two sixty nine, and get that one electoral vote
45:37
Speaker 15: in Nebraska, which is Omaha. That would do it for
45:40
Speaker 15: Kamala Harris. What's the easiest way for Donald Trump to
45:43
Speaker 15: get back to the Oval office. You win a win
45:46
Speaker 15: in Georgia. That's a flip from twenty twenty. You have
45:50
Speaker 15: to hold North Carolina, and you have to flip Pennsylvania.
45:53
Speaker 15: That would put him dead even at two seventy as well.
45:58
Speaker 2: All right, straight in betting agents use of Donald Trump
46:00
Speaker 2: the favorite to win the election, while Harris is predicted
46:03
Speaker 2: to win the popular vote. Meanwhile, the major online betting platform,
46:07
Speaker 2: poly Market has Trump ahead of Harris at sixty percent
46:11
Speaker 2: to her forty percent. Michael Danby, You're a man that
46:16
Speaker 2: likes to look at the betting markets as.
46:17
Speaker 9: Much as the polls, which sports bets got Trump at
46:20
Speaker 9: a dollar sixty one and camel are at two thirty two.
46:23
Speaker 9: I think they generally reflect the political consensus that Trump
46:26
Speaker 9: is ahead, and sport sporting bet betting has a good
46:30
Speaker 9: record as to predicting our presidential and other political results,
46:35
Speaker 9: ironically better than polling.
46:37
Speaker 3: What do you think, Yes, I think.
46:38
Speaker 13: I mean they've been very volatile throughout this cycle, which
46:42
Speaker 13: this I think is a realignment to electorates. It's been
46:44
Speaker 13: very hard for pauling and betting markets to reflective. But
46:47
Speaker 13: right now there is consolidation of where that consensus is.
46:49
Speaker 13: And importantly half the electorate has already voted. Seventy eight
46:53
Speaker 13: million people.
46:53
Speaker 3: And that's on you already vote to be that much.
46:56
Speaker 3: Be that much.
46:56
Speaker 13: It was last time because of COVID and last time
46:58
Speaker 13: as an abreation in many ways, but seventy eight million
47:01
Speaker 13: people have already voted. Republicans are surging in the sun
47:05
Speaker 13: belt states that we just talked about on the path
47:06
Speaker 13: to victory. They're ahead of Democrats, which has never happened
47:09
Speaker 13: because Republicans don't like early voting. They're still behind in
47:11
Speaker 13: the rust belt states would behind by less. So I
47:13
Speaker 13: think all of that is coming into the consensus and
47:16
Speaker 13: showing up in the betting.
47:17
Speaker 9: Real change in Republican tactics.
47:19
Speaker 3: Do you reckon we're going to get a result on
47:21
Speaker 3: the day on the not.
47:24
Speaker 9: I have actually no, I would most likely split.
47:28
Speaker 13: So a lot of the states have already come out
47:30
Speaker 13: in signaled that they need days and days to count.
47:32
Speaker 13: Maricopa County in Arizona has said that, Nevada has said that,
47:35
Speaker 13: which is really embarrassing. I have to say, because there
47:38
Speaker 13: are other states that have far bigger populations and do
47:40
Speaker 13: it and they don't. So since those swing states are
47:43
Speaker 13: signaling that, I think I wouldn't be surprised unless it's
47:45
Speaker 13: a blowout, a real landslide for one candidate. You might
47:49
Speaker 13: see litigation and delayed counting, and unfortunately this might drag out.
47:52
Speaker 3: For a little bit.
47:53
Speaker 9: Karl Rights is early voting and lots of Republican registration.
47:58
Speaker 9: Is that going to be the key in this? And
48:01
Speaker 9: I think, as I've said in the program previously, young male,
48:04
Speaker 9: Latina and black men are going to make the difference.
48:08
Speaker 2: All right, let's go to the UK because they've just
48:10
Speaker 2: an elected a new Tory leader there Kenviy Badanock, and
48:13
Speaker 2: she's a firebrand. She's a true conservative. Have a listened
48:16
Speaker 2: to these recent comments she made on immigration.
48:20
Speaker 13: People should not be made to feel guilty for questioning
48:23
Speaker 13: levels of immigration, legal or illegal.
48:26
Speaker 3: If it is changing the police they know and love.
48:28
Speaker 12: If people don't want their taxes to pay for foreign
48:31
Speaker 12: criminals to.
48:31
Speaker 13: Be in our jails or on our streets, those criminals
48:34
Speaker 13: should be removed.
48:36
Speaker 2: Well, Kosha, she's going to take the fine up to
48:38
Speaker 2: Keir Starmer and he has had a pretty rocky start
48:41
Speaker 2: to his time as Prime Minister.
48:43
Speaker 13: He has he's definitely faltered in his opening act. So
48:46
Speaker 13: she's got a wide opportunity that way to take advantage
48:48
Speaker 13: of that. And also because the Conservative Party there is
48:51
Speaker 13: going through an identity crisis and a little bit of
48:53
Speaker 13: a brand crisis given how strong they were in twenty nineteen,
48:55
Speaker 13: and then that she'll acting that they took last time,
48:57
Speaker 13: so she's able to really grab these key issues that
49:00
Speaker 13: the electorate fields disenfranchised about, like immigration, trade culture and
49:03
Speaker 13: really go for the juggular on them. She's a real opportunity,
49:06
Speaker 13: I think to move the needle and regain the brand
49:09
Speaker 13: and some of that support from Peter.
49:10
Speaker 9: What kind of labor government cuts pensions, heating subsidies on
49:14
Speaker 9: the eve of winter as its first act. I mean
49:16
Speaker 9: it's like someone there has got a suicide impulse.
49:19
Speaker 3: You know.
49:20
Speaker 2: Federal labor often take a lot of the budget ques
49:23
Speaker 2: from the UK labor government. We've seen that before with
49:25
Speaker 2: the Blair transfer of policies into Australia. We saw it
49:29
Speaker 2: with Julia Gillard, not just policies but also staff onto
49:32
Speaker 2: her team. So I'd be watching very careful, very carefully, sorry,
49:36
Speaker 2: the Chancellor's first budget for a sense of what might
49:39
Speaker 2: come here.
49:40
Speaker 9: Well, let's hope we don't have English winters here and
49:42
Speaker 9: Albert cutting back fuel subsidies.
49:44
Speaker 3: I don't think he will.
49:46
Speaker 2: The Spanish are very very angry about these floods, two
49:49
Speaker 2: hundred dead they think that they're told will be much higher,
49:52
Speaker 2: and mud being thrown at the king and queen.
49:55
Speaker 3: Of course, the.
49:56
Speaker 2: Spanish have got a tortured history with their monarchy.
49:59
Speaker 3: I think they do careful.
50:00
Speaker 13: And there's this under occurrent of dissatisfaction in general over there,
50:03
Speaker 13: and then when the emergency services failed to deliver, you
50:06
Speaker 13: could see that pressure cooker environment exploding.
50:09
Speaker 2: And just quickly this woman in Iran pulled up in
50:11
Speaker 2: the street because she wasn't wearing a veil, decides to
50:14
Speaker 2: strip off to make a political point. Now incredibly brave,
50:19
Speaker 2: but she's been detained.
50:20
Speaker 9: As me too said, say her name, Ahu Darai is
50:24
Speaker 9: a dead woman. Yeah, she's a dead woman. The Mullers
50:28
Speaker 9: have killed a thousand people so far this year. It's
50:31
Speaker 9: like the last days in Germany at the end of
50:34
Speaker 9: the Second World War when the SS went round hanging people.
50:37
Speaker 9: The delusion of Ahu Dara and there's a twenty year
50:40
Speaker 9: old Jewish boy who was executed because he defended himself
50:43
Speaker 9: in a knife fight against a Muslim, which is illegal
50:46
Speaker 9: in Iran. That Muller's completely delusional. They're about to do
50:50
Speaker 9: a third ballistic missile attack on Israel.
50:53
Speaker 2: Gotta go, thank you for that, all right, I'll leave
50:55
Speaker 2: it there, see tomorrow night for the big US coverage.
50:57
Speaker 3: He is and your bolt