Latest / The Bolt Report / The Bolt Report | 30 September

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The Bolt Report | 30 September · The Bolt Report

0:11
Speaker 1: This is the Vault Report.
0:14
Speaker 2: Well, good evening and welcome to The Bolt Report. I'm
0:16
Speaker 2: James McPherson. Here's what's coming up tonight. How is it
0:19
Speaker 2: that an Islamic preacher who said Muslims should take up
0:22
Speaker 2: arms against Jews and Christians seems to have gotten away
0:25
Speaker 2: with it? Pauline Hanson is determined not to let that
0:28
Speaker 2: one go, and she'll join me in a moment. Everyone
0:31
Speaker 2: knows things are bad in Victoria, but it's even worse
0:34
Speaker 2: than you think. Victoria's just been ranked the worst managed
0:37
Speaker 2: state in the Western world. Leith Van Onselen will join
0:41
Speaker 2: me later to explain why. And why are so many
0:44
Speaker 2: Australian schools erasing the name of European settlers from their
0:47
Speaker 2: sporting houses, replacing them with Indigenous names for plants and animals?
0:53
Speaker 3: My panel will get into that shortly.
0:56
Speaker 2: But first, Senator David Shoebridge has been voted in as
0:59
Speaker 2: the new leader of the Australian Greens. Faced with the
1:02
Speaker 2: choice of far-left Sarah Hansen-Young, extreme-left David Shoebridge and intergalactic-left
1:09
Speaker 2: Maureen Faruqi, the Greens opted for the sensible centre.
1:14
Speaker 4: For the ballot of leader, the three nominees were David Shoebridge,
1:19
Speaker 4: Merrin Faruqi and Sarah Hansen-Young. The results on primary votes
1:24
Speaker 4: were David Shoebridge, six votes, Merrin Faruqi, three votes, Sarah Hansen-Young,
1:29
Speaker 4: two votes. David Shoebridge has been elected as the new
1:32
Speaker 4: leader of the Australian Greens.
1:35
Speaker 2: The deputy position was filled by little-known Victorian Steph Hodgson's May.
1:39
Speaker 2: It was an extraordinary ballot in which more than half
1:42
Speaker 2: the Greens party room members put themselves forward for leadership roles.
1:46
Speaker 3: I'm not sure what to make of that. Does it
1:49
Speaker 3: demonstrate just how much talent they have?
1:52
Speaker 2: Probably, if you're in the market for a champagne socialist,
1:55
Speaker 2: you'd find no better one-stop shop than the Greens' recently
1:58
Speaker 2: renovated $ 2. 2 million parliamentary meeting room.
2:02
Speaker 3: Well, maybe it demonstrates how bereft they are of talent.
2:05
Speaker 2: There simply wasn't an obvious standout candidate. It was less
2:09
Speaker 2: a leadership election than a battle of musical chairs where
2:12
Speaker 2: literally everybody bought their own chair. Maureen Faruqi, she believed
2:17
Speaker 2: she was the obvious standout, despite attracting only three primary votes,
2:22
Speaker 2: one of which would have been herself. Never one to complain, though,
2:25
Speaker 2: she immediately congratulated the new leader.
2:28
Speaker 5: Yes, I have experienced racism in the Greens. The level
2:33
Speaker 5: of racism that is directed at you, though, when you
2:36
Speaker 5: are a public figure, a person of color and a woman,
2:39
Speaker 5: where the intersections of sexism and racism become really visceral
2:44
Speaker 5: is just another level.
2:46
Speaker 2: Sorry, that was Maureen Faruqi complaining about racism in the
2:50
Speaker 2: Greens back in 2023. Here's the gracious statement she posted
2:54
Speaker 2: today on Instagram saying, this morning I stepped down as
2:58
Speaker 2: deputy leader of the Greens to put my hand up
3:01
Speaker 2: for leader. Of course, I'm disappointed the party room chose
3:04
Speaker 2: another direction and I know many others will feel the
3:08
Speaker 2: same way. I'm sure many others do, just none of
3:12
Speaker 2: her colleagues. Her statement continued, I've long advocated publicly that
3:17
Speaker 2: Greens leaders should be elected by members with enough time
3:21
Speaker 2: for thoughtful deliberation on who is best to grow our party.
3:25
Speaker 2: I share members' frustration that the opposite happened this week,
3:29
Speaker 2: which is, I think, her way of saying, congratulations, David Shoebridge,
3:33
Speaker 2: you have my full support. Oh, hang on, the statement
3:36
Speaker 2: continued with this. I believe I can best play my
3:39
Speaker 2: part outside the constraints of the leadership team.
3:44
Speaker 3: And that was it, which may be part.
3:46
Speaker 2: Of the reason why all but two of her colleagues
3:49
Speaker 2: declined to vote for her. Just on Marine Faruqi, we
3:53
Speaker 2: know what she's been like as deputy leader. Can you
3:56
Speaker 2: imagine what she'll be like without quote unquote constraints?
4:01
Speaker 3: Start the popcorn.
4:02
Speaker 2: While Marine Faruqi, who hates Donald Trump, was complaining the
4:05
Speaker 2: election was unfair, newly elected leader David Shoebridge was gently
4:10
Speaker 2: reminding Anthony Albanese that the Greens still exist.
4:14
Speaker 6: We are not here to make the Labor Party any better.
4:17
Speaker 6: The Greens are here to replace them.
4:21
Speaker 3: That's right.
4:21
Speaker 2: The Greens are now promising to do to Labor what
4:24
Speaker 2: One Nation are doing to the Coalition, which hilariously prompted
4:28
Speaker 2: this response from Treasurer Jim Chalmers.
4:31
Speaker 7: I'm told that he was particularly focused on the Labor
4:35
Speaker 7: Party in his introductory remarks. I think it's really important.
4:40
Speaker 7: that we focus on the risks posed to workers and
4:44
Speaker 7: to our economy by One Nation, the Liberal Party and
4:47
Speaker 7: the National Party.
4:49
Speaker 2: I say that's hilarious because Jim Chalmers is sounding a
4:52
Speaker 2: little like his colleagues in the Coalition who've been urging
4:55
Speaker 2: One Nation to.
4:55
Speaker 3: Focus on Labor.
4:57
Speaker 2: Apparently nobody likes having their own medicine prescribed back to them.
5:01
Speaker 2: David Shoebridge continued with his attack on Labor, although I
5:04
Speaker 2: thought this... Far be it from me to defend Anthony Albanese,
5:07
Speaker 2: but I did think this bit was a little unfair.
5:10
Speaker 6: This is the moment for the Greens to fill the
5:13
Speaker 6: vacuum that has been left by the Labor Party rushing
5:16
Speaker 6: to the right.
5:18
Speaker 2: I'm not sure anyone could accuse the Albanese government of
5:21
Speaker 2: rushing to the right, but perhaps that shows just how
5:24
Speaker 2: far left the Greens really are. When you think that
5:27
Speaker 2: pretending to care about immigration, defence and government spending is
5:31
Speaker 2: rushing to the right, well, you're so far left, you've
5:35
Speaker 2: broken the compass.
5:36
Speaker 3: The new Greens leader carried.
5:38
Speaker 2: On, saying the Albanese government was responsible for the rise
5:41
Speaker 2: of One Nation.
5:43
Speaker 6: Labor has created the circumstances for One Nation, and Labor
5:46
Speaker 6: is not the answer. We know that One Nation didn't come,
5:50
Speaker 6: didn't create itself. It's the classic post turtle. Sits on
5:53
Speaker 6: a post. You know it didn't get there itself. You
5:56
Speaker 6: wonder what it's doing there.
5:58
Speaker 3: I'm wondering what a post-Turtle is, but I like it.
6:02
Speaker 3: It's a good line.
6:03
Speaker 2: And what Shoebridge lacks in common-sense policies, he certainly makes
6:07
Speaker 2: up for in rhetorical flourish. And that's why Shoebridge will
6:11
Speaker 2: at least be an improvement for the Greens on Adam Bant,
6:14
Speaker 2: whose whiny demeanour irritated the electorate no end, and Larissa Waters, who...
6:18
Speaker 2: always came across as the person elected to replace Adam
6:22
Speaker 2: Bant because, well, she was as close to a normal
6:24
Speaker 2: person as they could find in the Greens party room.
6:27
Speaker 3: Shoebridge would send.
6:28
Speaker 2: The country broke and leave us defenceless in the face
6:30
Speaker 2: of foreign adversaries, but he'll always be good with a line.
6:34
Speaker 6: I tell you what, as you travel around the country,
6:37
Speaker 6: the call I'm not hearing is, what do we want?
6:39
Speaker 6: Gradual change.
6:40
Speaker 1: When do we want it?
6:41
Speaker 6: In due course. That is the dead politics of Labor.
6:46
Speaker 2: Oh, I tell you what, it is going to be
6:48
Speaker 2: fascinating to watch the way Anthony Albanese handles this. David
6:52
Speaker 2: Shoebridge promised to step things up between now and the
6:54
Speaker 2: 2028 election. And this next part of his press conference,
6:58
Speaker 2: I have to admit, did make me smile.
7:01
Speaker 6: We're going to cross the country. We're going to deliver
7:04
Speaker 6: that sense of hope and opportunity that Australians are begging for.
7:08
Speaker 6: And we are also going to meet the climate crisis.
7:12
Speaker 2: So they're going to cross the country and meet the
7:15
Speaker 2: climate crisis. I guess they'll be crossing the country on
7:18
Speaker 2: pushbike then. I mean, the new leader of the Greens
7:21
Speaker 2: could drive across the country, but can you imagine how
7:24
Speaker 2: much of a pain that's going to be? Now he's
7:25
Speaker 2: the leader. Remember this scene from earlier in the year?
7:29
Speaker 6: I was just pulled over by police on my way
7:31
Speaker 6: into Mardi Gras at Nimbin.
7:33
Speaker 8: Have a look at this footage.
7:35
Speaker 1: Yeah, Senator David Shoebridge.
7:37
Speaker 9: Is my name.
7:38
Speaker 10: Oh, OK, yeah.
7:40
Speaker 2: Oh, now when he's pulled over and asked for his name,
7:42
Speaker 2: he'll need to say, yeah, Senator David Shoebridge, leader of
7:45
Speaker 2: the Australian Greens, is my name, which is quite the mouthful,
7:48
Speaker 2: though I suspect he'll rather enjoy saying it. Who says
7:51
Speaker 2: leaders don't have their cross to bear? Shoebridge didn't mention
7:54
Speaker 2: Palestine today, which I assume was an oversight on his part,
7:59
Speaker 2: and probably confused Greens voters who've spent the past three
8:02
Speaker 2: years thinking Greens was a reference to the Hamas flag.
8:05
Speaker 2: Of course, Greens is supposed to be a reference to
8:07
Speaker 2: the environment and David Shoebridge briefly remembered in his press
8:11
Speaker 2: conference today to warn voters that this summer could potentially,
8:15
Speaker 2: I dare say hopefully for the Greens, be the mother
8:18
Speaker 2: of all disasters.
8:20
Speaker 6: This summer could potentially be the mother of all El Ninos,
8:24
Speaker 6: with floods and the disaster that that happens. And the
8:27
Speaker 6: person I want to work with in a leadership team
8:29
Speaker 6: to face down that climate crisis, to keep coal and
8:32
Speaker 6: gas in the ground, is my dear colleague Steph Hodgins-May.
8:36
Speaker 2: The mother of all El Ninos, we can only hope.
8:39
Speaker 2: You've probably never heard of Steph Hodgson's May, and to
8:41
Speaker 2: be fair, the former Greenpeace activist has only been in
8:44
Speaker 2: the Parliament for two years.
8:46
Speaker 11: I am part of a generation who has grown up
8:49
Speaker 11: not having the sorts of opportunities to live a good
8:51
Speaker 11: life that we deserve.
8:55
Speaker 2: A 41-year-old federal senator on a base salary of $ 239, 000
8:59
Speaker 2: a year complaining she's never had the opportunities to live
9:03
Speaker 2: the good life that she deserved. She may be new,
9:06
Speaker 2: but she'll go far in the Greens. Although I think
9:09
Speaker 2: she should work on not smiling so much when warning
9:12
Speaker 2: us we're staring down the barrel of impending climate doom.
9:16
Speaker 11: I am looking forward to working with David to bring
9:18
Speaker 11: a bold vision to confront the impending climate crisis that
9:23
Speaker 11: is here now. As David said, we have the biggest
9:26
Speaker 11: El Nino coming down the barrel.
9:29
Speaker 2: So the Greens now have a new leader and David
9:31
Speaker 2: Shoebridge now has two years to take his party from
9:34
Speaker 2: the political wilderness to the promised land. Judging by today's speech,
9:38
Speaker 2: he's planning to get there on a bicycle during an
9:40
Speaker 2: El Nino. The interesting part, we'll be watching how Anthony
9:43
Speaker 2: Albanese responds. Well, joining me now is One Nation leader,
9:51
Speaker 2: Pauline Hanson, or should I say turtle on a post?
9:54
Speaker 3: Pauline, welcome to the program. I want to talk about David. Thanks, James.
10:00
Speaker 2: David Shoebridge in a moment, but I want to ask
10:02
Speaker 2: you first what you thought about Maureen Faruqi's dummy spit
10:05
Speaker 2: after losing the vote.
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Speaker 12: It doesn't surprise me. She would be scathing. of having
10:12
Speaker 12: a white, privileged, colonialist male take this position as leader
10:17
Speaker 12: of the Greens. Here's, you know, over a coloured woman.
10:21
Speaker 12: My God, how dare they do that? So I can
10:25
Speaker 12: just imagine her, that's why she's angry about it. And
10:28
Speaker 12: if she'd won it, she wouldn't be saying, oh, the
10:30
Speaker 12: membership should be actually having their say in this. So anyway,
10:33
Speaker 12: her colleagues didn't clearly want her. Three votes, one would
10:38
Speaker 12: have been her own. So anyway, you know, to listen
10:42
Speaker 12: to all the rhetoric that's coming out of Shoebridge's mouth
10:44
Speaker 12: now is what I hear in the floor of parliament.
10:47
Speaker 12: They have nothing to offer the people of Australia. They
10:50
Speaker 12: want to open up the floodgates to mass migration, you know,
10:53
Speaker 12: and then you've got the climate change debacle that's going on, the.
10:56
Speaker 3: Great Barrier Reef.
10:56
Speaker 12: The Great Barrier Reef is so pristine now. It's all
10:59
Speaker 12: the fear-mongering that goes on all the time. And they
11:03
Speaker 12: don't care about Australia. I rarely ever hear them standing up,
11:06
Speaker 12: fighting for the ordinary average Australian out there. And it's
11:10
Speaker 12: a real shame. But anyway, I think they'll fall into
11:12
Speaker 12: a heap. The people are waking up to them.
11:15
Speaker 2: I saw you laughing when I introduced you as a
11:17
Speaker 2: turtle on a post, and I know you'd be familiar
11:20
Speaker 2: with what David Shoebridge said.
11:22
Speaker 3: What is a turtle on a post, Pauline Hanson?
11:28
Speaker 12: Well, actually, you'll have to explain it to me, because
11:29
Speaker 12: I'm going to ask you for a please explain there,
11:32
Speaker 12: because I don't know. How will you refer to me
11:36
Speaker 12: as a turtle on a post? So anyway... Do you know?
11:39
Speaker 3: I don't. I don't understand it either.
11:42
Speaker 2: Although he did allude to the fact that he believes
11:44
Speaker 2: if it wasn't for Labor's poor performance, there would be
11:48
Speaker 2: no One Nation.
11:49
Speaker 3: Does he have a point there?
11:53
Speaker 12: Look, I think it's been poor performance by both the
11:57
Speaker 12: major political parties and the National Party over... you know,
12:00
Speaker 12: a couple of the last decades, that people have actually
12:03
Speaker 12: had a gutful of them and they don't see that
12:06
Speaker 12: they've got the interests of the country or the people
12:08
Speaker 12: at heart. And people are crying out for change. I
12:12
Speaker 12: stopped in Laidley today for a couple of hours and
12:14
Speaker 12: Toowoomba as well and I spoke to locals that actually
12:16
Speaker 12: came up to me and they're really hurting, James, they
12:19
Speaker 12: really are. They want change. They said, no more, we're
12:22
Speaker 12: fed up with the major political parties. A lot of
12:24
Speaker 12: people are also saying, we voted for Liberals no more.
12:27
Speaker 12: They don't stand for anything. And they say, with you,
12:31
Speaker 12: you're consistent. We know where we stand with you. And
12:33
Speaker 12: they also say that we know you have the country
12:38
Speaker 12: at heart and you really care about the country and
12:40
Speaker 12: you care about us. And that's what they're learning from me,
12:44
Speaker 12: is that I do care. It's going to be tough.
12:46
Speaker 12: To turn it around is going to be very, very tough.
12:50
Speaker 12: But you know what? The people have had to pull
12:52
Speaker 12: in their belts. And what I'll say to people now,
12:55
Speaker 12: If we actually have an opportunity to be government or
12:58
Speaker 12: in a position to have balanced power in that parliament,
13:01
Speaker 12: you know who's going to be pulling the belts in?
13:03
Speaker 12: The government. We are going to ensure that happens. You
13:06
Speaker 12: can't do it anymore, but the government will have to
13:09
Speaker 12: start pulling their belts and you show by example.
13:12
Speaker 3: Well, you're right.
13:13
Speaker 2: There's certainly going to be a lot of work to do.
13:15
Speaker 2: The latest inflation figures released today don't make for happy reading.
13:18
Speaker 2: Headline inflation has surged from 3.5% to 4% last month,
13:22
Speaker 2: which is well and truly outside the Reserve Bank's target
13:25
Speaker 2: of 2% to 3%, all of which means we're probably
13:29
Speaker 2: looking at another rate rise in November. Do you think
13:31
Speaker 2: Jim Chalmers, and I mean this as a serious question,
13:34
Speaker 2: do you think he knows what he's doing?
13:38
Speaker 12: I don't believe he does. And I blame his colleagues
13:41
Speaker 12: as well. And I blame Albanese as well. You know,
13:44
Speaker 12: they are a team. They should be looking at this.
13:46
Speaker 12: If they don't bring down the inflation rate, well, interest
13:50
Speaker 12: rates have to go up. Or if they don't curtail
13:53
Speaker 12: their spending, stop the spending, then you have to balance
13:56
Speaker 12: it out and you have high unemployment in the country.
13:58
Speaker 12: You've either got companies spending back or you have high
14:00
Speaker 12: immigration to control the inflation that's happening in Australia. Productivity
14:05
Speaker 12: is way down. compared to a lot of other countries.
14:08
Speaker 12: So this is poor governance that's happened over the years,
14:12
Speaker 12: over the period of time. So, like I said, if
14:15
Speaker 12: you're actually going to spend the money, you don't spend
14:17
Speaker 12: it in giving it to multicultural organisations of over $ 325 million.
14:21
Speaker 12: You don't give $ 60 million to Ukraine. You don't give
14:25
Speaker 12: $ 67 million to these media outlets. You stop wasting the money.
14:30
Speaker 12: And you stop, you know, hiring all these bureaucrats and
14:35
Speaker 12: paying them exorbitant wages. And I'll tell you another thing
14:38
Speaker 12: that I'll be looking at. No bureaucrat will earn more
14:42
Speaker 12: than what the Prime Minister does. That'll be reigned right
14:45
Speaker 12: in under a one-nation government.
14:48
Speaker 3: So that's not just a thought bubble. That will be
14:51
Speaker 3: your policy.
14:51
Speaker 2: No bureaucrat will earn more than the PM, which is,
14:53
Speaker 2: what does the PM earn these days?
14:56
Speaker 12: He's on about $ 650, 000. Some of these bureaucrats on head
15:00
Speaker 12: of the ABC and some of these vice chancellors, they're
15:04
Speaker 12: on a million dollars plus. So a lot of these
15:07
Speaker 12: heads of these departments are on well over $ 700, 000, $ 800, 000.
15:11
Speaker 13: It's ridiculous.
15:13
Speaker 12: And they shouldn't be getting this sort of money. This
15:15
Speaker 12: government has blown out the bureaucracy by about 40,000. 80%
15:20
Speaker 12: of employment in this country has come through the bureaucracy,
15:23
Speaker 12: government jobs. So I'm hearing people also, they're putting on
15:27
Speaker 12: migrants into these positions, not Australians, they're putting on more
15:31
Speaker 12: migrants into these positions so they don't end up on
15:34
Speaker 12: the welfare system. So the whole system has rotten and
15:40
Speaker 12: it's from the head down. So we need to get
15:44
Speaker 12: rid of it. and we need to clean up this
15:47
Speaker 12: country and get rid of the duplication that we're seeing
15:50
Speaker 12: in these government departments. So it'll be a natural attrition.
15:54
Speaker 12: These ones that leave the bureaucracy, public servants, they won't
15:58
Speaker 12: be replaced. They will actually... And not this big payout
16:03
Speaker 12: of redundancy. So you won't be getting that at taxpayers' expense.
16:06
Speaker 12: So it'll be a natural attrition.
16:09
Speaker 2: After the inflation figures were released yesterday, Jim Chalmers reasserted
16:14
Speaker 2: that the war in the Middle East was the main
16:15
Speaker 2: reason behind the spike.
16:16
Speaker 3: Here's some of what he had to say.
16:18
Speaker 7: The main reason why inflation in annual headline terms went
16:23
Speaker 7: from the middle threes to four is because of the
16:26
Speaker 7: extra pressure from the re-escalation of the war in the
16:29
Speaker 7: Middle East.
16:31
Speaker 2: But, of course, that's very different to what the Reserve
16:32
Speaker 2: Bank Governor told us yesterday.
16:34
Speaker 3: Here was her comment.
16:37
Speaker 14: Inflation is too high and has been driven by domestic
16:39
Speaker 14: capacity pressures.
16:41
Speaker 12: The inflation impulse from the Middle East conflict is in
16:44
Speaker 12: addition to this.
16:46
Speaker 2: And then the Prime Minister was asked who was right,
16:48
Speaker 2: his Treasurer or the Reserve Bank Governor, and Elbow said both.
16:52
Speaker 3: Take a look.
16:53
Speaker 1: Who do you agree with?
16:54
Speaker 2: I agree with both of them because they are not
16:58
Speaker 2: saying contradictory things at all. Pauline, is the Prime Minister
17:02
Speaker 2: right that everyone's right?
17:06
Speaker 3: No, he's not.
17:07
Speaker 13: You see.
17:08
Speaker 12: The pair of them won't take responsibility for their poor
17:11
Speaker 12: governance of this nation. We had high inflation rates even
17:15
Speaker 12: last year before the war started. So it's not helping
17:18
Speaker 12: by no means. But like the governor has said, Bullock said,
17:23
Speaker 12: going back, you know, a year, a couple of years ago,
17:25
Speaker 12: that the government needs to rein in their spending. So
17:28
Speaker 12: we've had 16 interest rate hikes. We're going to have
17:31
Speaker 12: another one, looks like, in November and possibly more next year.
17:35
Speaker 12: So I feel for the people out there because a
17:37
Speaker 12: lot of people are going to lose their homes. A
17:40
Speaker 12: lot of people are going to lose the roof over
17:41
Speaker 12: their heads. And that's due to this government. So if
17:44
Speaker 12: you think about voting Labor again, you really want to
17:47
Speaker 12: have a good look at it and understand the future
17:51
Speaker 12: that you may be facing because you're going to be
17:53
Speaker 12: living in poverty. And that's exactly where they want you.
17:56
Speaker 12: This is a socialist government who wants to take the
17:59
Speaker 12: wealth away from people in this nation. Business people are
18:03
Speaker 12: screaming out. They've just about had a gutful. We're losing industries, manufacturing,
18:07
Speaker 12: small businesses going under. This is because of this government.
18:11
Speaker 12: We've never been in this mess as what we are today.
18:14
Speaker 12: So people really need to start thinking about it. And
18:17
Speaker 12: if you're on a welfare payment... Is that why you're
18:19
Speaker 12: voting for Labor? Because you want your neighbour or your
18:22
Speaker 12: family to pay for your welfare payment? That comes from
18:25
Speaker 12: taxpayers working hard and going without so you can have
18:29
Speaker 12: your lifestyle, sit around doing nothing. Too many people out
18:32
Speaker 12: there are unemployed and collect happily, collect their unemployment benefits.
18:37
Speaker 12: And I'll quickly say this. A tradie put in an
18:41
Speaker 12: ad for someone who wants to put on an apprentice.
18:44
Speaker 12: And guess what? 300 applications. He rang all of them.
18:47
Speaker 3: Guess what?
18:48
Speaker 12: Weren't interested in the job. It was a process they
18:51
Speaker 12: have to go through that they've applied for.
18:54
Speaker 15: That is not on.
18:55
Speaker 12: So I say to the people out there, wake up yourselves,
18:58
Speaker 12: take responsibility, put your own roof over your own head
19:02
Speaker 12: and not leaving off possibly your family or your parents
19:04
Speaker 12: or everyone else and feeding off your friends or your
19:08
Speaker 12: neighbours or your family that are paying you away to
19:11
Speaker 12: sit around and do nothing because you want your lifestyle.
19:14
Speaker 12: It has to change, James.
19:16
Speaker 2: All right, just before I let you go, there's a
19:17
Speaker 2: couple of things I want to quickly get your thoughts on. First,
19:20
Speaker 2: the Islamic preacher in Melbourne who posted a sermon on
19:22
Speaker 2: Instagram calling for Muslims to take up arms against Jews
19:26
Speaker 2: and Christians.
19:27
Speaker 3: As a reminder, here's what he said.
19:29
Speaker 2: He said, for the sake of Allah, it includes the
19:31
Speaker 2: obligation to declare enmity for his sake, opposition for the
19:36
Speaker 2: sake of Allah. It is to declare opposition indeed to
19:38
Speaker 2: take up arms against his enemies, to shun them and
19:41
Speaker 2: to stay far away from them, both in word and.
19:44
Speaker 3: Indeed.
19:44
Speaker 2: Are you surprised he seems to have essentially gotten away
19:48
Speaker 2: spewing that kind of hate?
19:51
Speaker 12: I'm disgusted that nothing has happened by the Premier of
19:56
Speaker 12: the state of Victoria or the police themselves to actually
20:00
Speaker 12: go and arrest this man. We just recently passed the
20:03
Speaker 12: hate extremism legislation in Parliament. Under that legislation, even though
20:09
Speaker 12: you say something that could be reckless and cause, create violence,
20:12
Speaker 12: you can be charged on that. He hasn't been charged.
20:15
Speaker 12: I want to know why. And also, although he was
20:18
Speaker 12: reading from a Quran, the first passed about the Jews
20:21
Speaker 12: and the Christians, but he was reading from a book,
20:24
Speaker 12: that is still under the legislation reckless. Regardless of whether
20:28
Speaker 12: it's in print or out of a scripture, if that
20:32
Speaker 12: could cause hatred, which it's shown, he should be charged.
20:35
Speaker 12: So the Premier of Victoria or the Police Commissioner of Victoria,
20:40
Speaker 12: why hasn't this man been charged? I'm sick and tired
20:43
Speaker 12: of one rule for some people in this country and
20:45
Speaker 12: another rule for others.
20:47
Speaker 3: I think you're absolutely right.
20:48
Speaker 2: A lot of Australians would also say we would like
20:50
Speaker 2: an explanation to what the heck is going on there.
20:53
Speaker 2: Very quickly, I'm talking later to my panel about a
20:56
Speaker 2: pro-Palestine rally planned for next Wednesday, which is October 7,
21:01
Speaker 2: marking three years since the slaughter of Israelis. Should the
21:04
Speaker 2: New South Wales government allow pro-Palestine rallies on October 7?
21:08
Speaker 10: No, no.
21:11
Speaker 12: If I was in any form of control or charge,
21:14
Speaker 12: it wouldn't happen. I would have the police out there
21:16
Speaker 12: in force, and if you want to go out there
21:18
Speaker 12: and try and protest, don't give them any licence to
21:22
Speaker 12: actually protest on the streets. Do not allow it to happen.
21:25
Speaker 12: If we want social cohesion in this country, then we've
21:28
Speaker 12: got to take a stance on this. It's not wanted,
21:30
Speaker 12: people don't want it, and I wouldn't allow it. That's
21:34
Speaker 12: my stance, but I'm very strong on this.
21:37
Speaker 2: Pauline Hanson, always great to catch up.
21:39
Speaker 3: Thanks so much for your time this evening.
21:42
Speaker 2: All right, after the break, which major council in this
21:45
Speaker 2: country spent more than an hour and a half discussing
21:49
Speaker 2: whether or not.
21:49
Speaker 3: Australia Day was worth celebrating? I'll tell you after the break.
21:52
Speaker 2: And colonialism is once again in the crosshairs as schools
21:58
Speaker 2: increasingly decide to drop the names of European settlers from
22:01
Speaker 2: their house names.
22:02
Speaker 3: My panel will talk about that next.
22:08
Speaker 2: The Melbourne City Council has voted in favour of a
22:11
Speaker 2: motion recognising that January 26 is the official date of
22:15
Speaker 2: Australia Day and that it's outside of the council's remit
22:18
Speaker 2: to change it. It's ridiculous they had to vote on
22:21
Speaker 2: that because, well, none of it's up for a vote.
22:24
Speaker 2: It'd be like me voting in favour of a motion
22:26
Speaker 2: that the sky is blue. I could vote against the motion,
22:29
Speaker 2: but to what end? The sky would still be blue
22:31
Speaker 2: and Australia Day would still be January 26th. The Melbourne
22:35
Speaker 2: Council also voted in favour of, and I quote, assessing
22:39
Speaker 2: the potential of reviving the city's annual Australia Day parade,
22:43
Speaker 2: which doesn't mean they will, it just means they'll assess
22:46
Speaker 2: whether or not such an assessment should be assessed. But
22:49
Speaker 2: here's the bit of news I want you to catch.
22:51
Speaker 2: The Herald Sun reports that the meeting to vote on
22:54
Speaker 2: this stuff went for 100 minutes. That's right, the people
22:59
Speaker 2: charged with running Melbourne spent more than an hour and
23:01
Speaker 2: a half voting... on whether or not January 26 is
23:05
Speaker 2: January 26 and whether they could possibly potentially contemplate whether
23:10
Speaker 2: or not it might be worth further investigating a parade.
23:14
Speaker 2: Thank the good Lord there aren't any pressing concerns in
23:17
Speaker 2: Melbourne that they should be worrying about. Joining me now
23:19
Speaker 2: is GXO Strategies Director and former Chief of Staff to
23:22
Speaker 2: Bill Shorten, Cameron Milner, and Shadow Assistant Agricultural Minister, Sam
23:27
Speaker 2: Birrell of the Nationals.
23:28
Speaker 3: Cameron, after 100 minutes of debate....
23:32
Speaker 2: What did Melbourne taxpayers, or ratepayers rather, really get for
23:36
Speaker 2: their money?
23:38
Speaker 14: Well, they confirmed the bleeding obvious, didn't they, which is
23:41
Speaker 14: Australia Day is on the 26th of January. So I'm
23:44
Speaker 14: glad it took them 100 minutes. Most of it would
23:46
Speaker 14: have taken you maybe less than a minute. But in
23:48
Speaker 14: the end, I mean, look, Rashida Campbell, who's the Deputy
23:51
Speaker 14: Mayor in Melbourne, is actually bringing some sensibility to this council.
23:54
Speaker 14: You know, he's actually standing up to these woke lefties
23:56
Speaker 14: who just want to get rid of things like Australia
23:58
Speaker 14: Day from the agenda. So congratulations to the councillors who
24:00
Speaker 14: did actually vote for that motion and confirm it and
24:03
Speaker 14: put the lefties in the corner in the Melbourne City Council.
24:07
Speaker 2: It just shows you how left that council is, that
24:09
Speaker 2: the motion was, in my view, so lame, but it
24:12
Speaker 2: still represents a win and represents progress, which is an
24:16
Speaker 2: incredible thing. Sam, who actually benefits... from all of these
24:21
Speaker 2: culture wars. And when I say culture wars, I should
24:24
Speaker 2: add I don't believe standing up for January 26 is
24:29
Speaker 2: the wrong side of the culture war. You're just responding
24:31
Speaker 2: to those who started the war in the first place
24:34
Speaker 2: by wanting to change the dates. But at the end
24:36
Speaker 2: of the day, who benefits from all of this stuff?
24:39
Speaker 2: I mean, a pothole is not filled, a rubbish bin
24:42
Speaker 2: is not emptied, a park is not mowed, and yet
24:45
Speaker 2: councils busy themselves with stuff like this.
24:51
Speaker 3: Well, that's right, James.
24:52
Speaker 9: I mean, it's often said that Australia is one of
24:53
Speaker 9: the most over-governed countries in the world. It's probably too
24:57
Speaker 9: much to hope that we could get rid of a
25:00
Speaker 9: level of government, but at least we could ask that
25:03
Speaker 9: the levels of government focus on what they're supposed to
25:06
Speaker 9: be focusing on and certainly focusing on national issues like...
25:11
Speaker 9: you know, or even international issues in some cases. Some
25:14
Speaker 9: councils get very wound up about global issues, which they
25:17
Speaker 9: have no ability to change or influence. But they should
25:22
Speaker 9: really be focused on what the ratepayers pay them for
25:25
Speaker 9: and what they put them there for, which is not
25:27
Speaker 9: deciding what our national day should be and not getting
25:30
Speaker 9: themselves involved or passing motions about who's right or wrong
25:33
Speaker 9: in foreign conflicts.
25:35
Speaker 2: This, of course, Cameron, is a gross generalisation on my part,
25:39
Speaker 2: so I'm not talking about everybody by any means, but
25:41
Speaker 2: sometimes I'll look at the stuff local councils go on with,
25:44
Speaker 2: and I think these people, did they figure out they
25:47
Speaker 2: weren't quite good enough to go into federal politics, so
25:50
Speaker 2: they just went into local politics where they found a platform.
25:54
Speaker 3: On which to grandstand? Because there's a lot of that
25:57
Speaker 3: around the country.
25:59
Speaker 14: Well, I think there are when you've got Greens and lefties.
26:02
Speaker 14: I mean, I think there's some really good councillors out
26:03
Speaker 14: there across Australia who do really good work, especially in
26:06
Speaker 14: regional communities. They actually are community leaders who get elected
26:09
Speaker 14: to these councils. But these inner-city enclaves that get Greenies
26:13
Speaker 14: and woke lefties being elected who've got to move a
26:15
Speaker 14: motion about Hamas, move a motion about Palestine, you know,
26:18
Speaker 14: this is crazy use of local government time. But to
26:21
Speaker 14: the councillors who do the job really well, it's a
26:24
Speaker 14: smear on their good time that some of these people
26:26
Speaker 14: do this with their local government time. and waste ratepayers'
26:30
Speaker 14: money and ratepayers' time.
26:31
Speaker 3: Yeah, good point.
26:32
Speaker 2: All right, while we're talking about Australia Day and the
26:36
Speaker 2: battle over what that means, schools right across the country
26:40
Speaker 2: are increasingly ditching so-called colonial names that have been used
26:45
Speaker 2: for their sporting houses. The latest one to do so
26:47
Speaker 2: was Applecross Senior High School in Perth. last month replacing
26:51
Speaker 2: its four existing school names, which were named after four
26:54
Speaker 2: ships connected to the colonisation of WA, with new names
26:58
Speaker 2: and symbols. And here's what they've said that reflect our community,
27:03
Speaker 2: our place and our connection to Wadjuk.
27:06
Speaker 3: I think it is Noongar country.
27:09
Speaker 2: Cameron, are these schools reflecting their communities, as they say,
27:12
Speaker 2: or are they engaging in a bit of social engineering,
27:14
Speaker 2: do you think?
27:17
Speaker 14: Oh, isn't it the most appalling virtual signalling? You know,
27:19
Speaker 14: virtual signalling from these people. I mean, these are educational
27:22
Speaker 14: elitists who would rather not have their kid learn how
27:25
Speaker 14: to speak English, not learn how to add up and subtract,
27:29
Speaker 14: not do the basics, but, no, the house has been
27:31
Speaker 14: renamed to a First Nations person. I mean, for goodness sake,
27:34
Speaker 14: why don't teachers get back to the basics and actually teach?
27:38
Speaker 2: Sam, my concern with this is the rush to cancel
27:42
Speaker 2: names of Europeans who were key... to settlement in Australia
27:46
Speaker 2: risks erasing students' knowledge of Australian history, does it not?
27:51
Speaker 2: We talk a little bit, we'll talk quite a lot
27:53
Speaker 2: actually about Indigenous history while erasing all remnants of European
27:58
Speaker 2: history in this nation.
28:02
Speaker 9: Yeah, James, and there's a place for it all. I mean,
28:04
Speaker 9: you know, the river that I grew up on here
28:06
Speaker 9: is the Goulburn River, named after Frederick Goulburn, who was
28:09
Speaker 9: a colonial administrator in New South Wales. It's Yorta Yorta
28:13
Speaker 9: name is the Kaila. And we often discuss this river
28:17
Speaker 9: in terms of both names. But it does seem that
28:20
Speaker 9: there is, as Cameron says, this virtue signalling about wanting
28:23
Speaker 9: to change all of these things and somehow not acknowledge
28:26
Speaker 9: that there is a colonial history. It's a part of
28:29
Speaker 9: Australia's rich fabric, along with Indigenous history, along with the
28:32
Speaker 9: migrant culture of people who've arrived here. But to sort
28:36
Speaker 9: of want to get rid of one aspect of that,
28:41
Speaker 9: it's not healthy for our social cohesion. It's not healthy
28:45
Speaker 9: for our democracy.
28:46
Speaker 10: And just.
28:47
Speaker 9: In terms of what really is important, I'd like to
28:50
Speaker 9: see people focus a little bit more when they're considering
28:53
Speaker 9: Indigenous issues, not on some of the virtue signalling and
28:56
Speaker 9: name changing, but on the plight of young Indigenous people
29:01
Speaker 9: in the northern parts of Australia, which has been highlighted
29:03
Speaker 9: by some terribly, some tragic news in recent times. Our
29:09
Speaker 9: focus and our effort should be on those young Australians.
29:12
Speaker 9: They are young Australians. They deserve the same chance as
29:15
Speaker 9: all other young Australians. And we need to make sure
29:18
Speaker 9: that we're not doing the look at me, I'm virtue signalling,
29:20
Speaker 9: but let's go and help and make sure that all
29:22
Speaker 9: young Australians get that opportunity for safety and education.
29:26
Speaker 3: Yeah, amen to that. Couldn't agree more.
29:28
Speaker 2: All right, before I let you both go, I want
29:30
Speaker 2: to get your reaction to the Greens choosing David Shoebridge
29:34
Speaker 2: as their new leader.
29:35
Speaker 3: Cameron, I'll let you tee off first. What do you think?
29:39
Speaker 1: Oh. Another leader, another day.
29:41
Speaker 14: I mean, this is a Greens party that's gentrifying before
29:43
Speaker 14: our eyes. I mean, they stalled on 10% of the
29:46
Speaker 14: primary vote and they're picking a bloke who was a
29:49
Speaker 14: poll turtle.
29:50
Speaker 1: Oh, goodness me. I mean, they've got no hope. No hope.
29:54
Speaker 2: Sam, do you think David Shoebridge can make life a
29:57
Speaker 2: little uneasy for Albanese?
30:00
Speaker 9: Oh, well, whether he does that or not is irrelevant.
30:02
Speaker 9: The point is that you've seen how bad Australia's gone
30:06
Speaker 9: with four and a half, five years of a left-wing government.
30:10
Speaker 9: David Shoebridge said today that he wants to replace Labor
30:14
Speaker 9: as the left-wing option. Now, imagine... Look at how bad
30:17
Speaker 9: we are now. Imagine if that wasn't just a left-wing
30:19
Speaker 9: government but a far left-wing government. Australia as we know
30:23
Speaker 9: it would cease to exist and that would be a
30:25
Speaker 9: terrible thing. I think Australia has never needed a conservative
30:29
Speaker 9: government more than it does now. The only option for
30:32
Speaker 9: actual true conservatism fiscal management is the coalition.
30:36
Speaker 2: We've got a moment before we go to the break. So, Sam,
30:38
Speaker 2: I did want to ask you quickly, Labor's been accused
30:41
Speaker 2: of hurting regional agriculture and tourism with its working holiday
30:45
Speaker 2: maker visa slowdown and its announcement of significant cuts to
30:49
Speaker 2: backpacker approvals over the next few years. How big a
30:53
Speaker 2: hit for our rural communities is that?
30:57
Speaker 9: Oh, it's a disaster. It's an absolute schmuzzle. Because Tony
31:00
Speaker 9: Burke couldn't get his act together and get Labor's migration
31:04
Speaker 9: policy announced... They paused the working holiday visas, and some
31:09
Speaker 9: people who operate harvesting contracting businesses rely on those people
31:14
Speaker 9: coming out. They're experienced people from Northern Europe and the
31:18
Speaker 9: United States and Canada. They're sitting in airports waiting for
31:21
Speaker 9: their visas to be approved, and the harvest starts in
31:24
Speaker 9: two weeks. to Julie Collins, the agricultural minister, because she's
31:29
Speaker 9: pushed for some of these visas to be approved in
31:32
Speaker 9: the last few days after many phone calls from us
31:35
Speaker 9: and the nationals, but really trying to clean up Tony
31:39
Speaker 9: Burke's mess and just shows you how anti-business and what
31:42
Speaker 9: a lack of understanding Labor has.
31:46
Speaker 2: Good to talk to you both. Cameron Milner, Sam Birrell,
31:48
Speaker 2: thanks so much for your time.
31:50
Speaker 3: All right, stick around.
31:50
Speaker 2: After the break, the former head of the RBA has
31:53
Speaker 2: slammed the Albanese government's reckless spending and a new report
31:56
Speaker 2: has handed Victoria an unwanted record, worst managed state in
32:01
Speaker 2: the Western world. Leith Van Onselen joins me after the break.
32:09
Speaker 3: Welcome back to the program.
32:10
Speaker 2: Yesterday, we addressed the blame game going on between the
32:13
Speaker 2: Albanese government and the RBA over what, or more particularly,
32:16
Speaker 2: who is responsible for high inflation. The RBA governor has
32:21
Speaker 2: blamed domestic spending and, in addition, the.
32:23
Speaker 3: War in Iran.
32:25
Speaker 2: Jim Chalmers, he's blamed the war in Iran while conceding
32:28
Speaker 2: that private domestic spending might be an issue, but insisting
32:32
Speaker 2: he's made budget. Well, that's the best thing to have
32:35
Speaker 2: happened to the Australian economy since he completed his PhD
32:37
Speaker 2: thesis in on the life and times of Paul Keating.
32:40
Speaker 2: So it was left to former governor of the RBA, Dr.
32:43
Speaker 2: Philip Lowe, to point out a couple of home truths.
32:47
Speaker 15: And now we find ourselves running sizable budget deficits at
32:51
Speaker 15: a time where we're at full employment and commodity prices
32:54
Speaker 15: are very high. We should be running sizable surpluses. So
32:59
Speaker 15: we don't have a framework and we're not solving the
33:01
Speaker 15: intertemporal problem. So what we're doing now is spending today
33:05
Speaker 15: and leaving the debt for our kids.
33:09
Speaker 2: Joining me now is macro business's chief economist, Leith Van Onselen. Leith,
33:13
Speaker 2: always great to talk. Do you agree with Dr Lowe's comments?
33:17
Speaker 1: Yeah, absolutely. Phil Lowe's just repeating what nearly every other
33:20
Speaker 1: economist is saying, that the federal government needs to reduce
33:23
Speaker 1: spending and take pressure off inflation. Look, let's be honest,
33:26
Speaker 1: the Reserve Bank's hiking race to lower demand in the economy,
33:29
Speaker 1: and it's doing so by whacking households, particularly those with mortgages.
33:33
Speaker 1: And RBA Governor Michelle Bullock, she explicitly said on Tuesday...
33:37
Speaker 1: that demand was too high and that interest rates have
33:39
Speaker 1: to rise to lower demand back down. And a major
33:43
Speaker 1: reason why demand is too high is because of excessive
33:46
Speaker 1: government spending, both the federal and state levels. And here's
33:51
Speaker 1: the ridiculous thing. We are five years past the pandemic,
33:54
Speaker 1: yet government spending is still at those pandemic high levels,
33:58
Speaker 1: which makes absolutely no sense. So what we need is
34:00
Speaker 1: for the federal and state governments to basically help the
34:03
Speaker 1: Reserve Bank out, reduce spending to help lower inflation, because
34:06
Speaker 1: we have a burnout economy at the moment. The Reserve
34:09
Speaker 1: Bank has the foot planted on the brake, trying to
34:11
Speaker 1: slow the economy down, while our governments have got the
34:14
Speaker 1: foot planted on the accelerator, trying to speed the economy
34:17
Speaker 1: up through reckless government spending. So we need to basically
34:19
Speaker 1: help the Reserve Bank out.
34:21
Speaker 3: Well, you mentioned state governments.
34:22
Speaker 2: The New South Wales Premier, Chris Minns, came out this
34:24
Speaker 2: afternoon calling for state and federal governments to rein in
34:28
Speaker 2: their spending.
34:29
Speaker 3: Here he was.
34:31
Speaker 10: Look, I'd just say that I think every government has
34:34
Speaker 10: a responsibility to do what it can to take demand
34:38
Speaker 10: out of the economy. South Wales Treasurer and myself have
34:40
Speaker 10: said many times that we have heard the advice from
34:43
Speaker 10: the RBA over the last two years that we need
34:48
Speaker 10: to be careful with public funds.
34:51
Speaker 3: Why can't Jim Chalmers simply say that?
34:53
Speaker 1: Well, I mean, you know, good on Chris Mintz, because
34:55
Speaker 1: he's basically just speaking the truth. Absolutely. We have, as
34:58
Speaker 1: I said, we've got you know, public spending still tracking
35:00
Speaker 1: at those pandemic peaks. Yet we're five years removed from
35:03
Speaker 1: the pandemic. It makes absolutely no sense. And plus, all
35:05
Speaker 1: our levels of government are basically drowning in debt as well. So,
35:09
Speaker 1: you know, we're facing a massive increase in interest payments
35:12
Speaker 1: as this cheap COVID debt rolls over to high interest
35:15
Speaker 1: rates down the track. And so we need our governments
35:17
Speaker 1: to basically tighten the belts. Australians have to prepare for austerity.
35:20
Speaker 1: And we need a period whereby state and federal governments
35:23
Speaker 1: have a prolonged period where they spend less than they
35:26
Speaker 1: receive through taxes and they start basically paying down this debt.
35:30
Speaker 1: That's what we need.
35:31
Speaker 2: Well, speaking of places in debt, should we talk about Victoria?
35:36
Speaker 2: Victoria's been ranked the worst managed state, not just in Australia,
35:40
Speaker 2: but in the Western world.
35:41
Speaker 3: I knew it was bad. I didn't know it was
35:44
Speaker 3: that bad, Leith.
35:45
Speaker 1: Well, yeah, absolutely. Look, I mean, you know, most Australians
35:48
Speaker 1: widely regard Victoria as Australia's most poorly managed state. We've
35:51
Speaker 1: got massive debt, soaring crime, endemic corruption and wasting infrastructure projects,
35:55
Speaker 1: potholed roads, and also Australia's highest unemployment rate. But a
36:00
Speaker 1: new comparative study analysis done by economist and former fund manager,
36:04
Speaker 1: Mariso Shennessy, has also ranked Victoria the most mismanaged state
36:09
Speaker 1: in the Western world. So what he basically did was
36:10
Speaker 1: he spent 10 days And he basically judged 366 state
36:16
Speaker 1: and regional governments worldwide, and he assessed them on the
36:19
Speaker 1: same criteria. And he found that Victoria ranked the most
36:22
Speaker 1: poorly in the world due to infrastructure waste, due to
36:26
Speaker 1: its soaring debt, due to cronyism, and also its poor accountability.
36:30
Speaker 1: And look, I've got to say, James, I'm a Victorian,
36:33
Speaker 1: and I approve this message.
36:36
Speaker 3: Is there a prize?
36:37
Speaker 2: Like, do you get some sort of trophy or a
36:40
Speaker 2: symbol to signify you are the worst run state in
36:43
Speaker 2: the Western world?
36:45
Speaker 1: Yeah, look, I mean, I think we should. And this
36:47
Speaker 1: should be televised because obviously Victoria's got an election, you know,
36:51
Speaker 1: in November. So it'd be great if everyone knew this.
36:53
Speaker 1: And we got the Raspberry Award because Victoria deserves it.
36:56
Speaker 1: This has been an absolute schmuzzle, this state. And I've
37:00
Speaker 1: lived here my whole life. I'm 48 years old. And
37:02
Speaker 1: I've just witnessed the degradation this century, particularly of Victoria.
37:06
Speaker 1: It used to be very proud. It used to be
37:09
Speaker 1: an excellent place to live in Melbourne. And now it's
37:11
Speaker 1: just become a bit of a cesspit, to be quite frank.
37:14
Speaker 2: Hey, we've only got about a minute and a half left,
37:16
Speaker 2: but I wanted to ask you quickly on macrobusiness.com.au, you've
37:20
Speaker 2: written an excellent article telling Australians brace for a $ 1
37:24
Speaker 2: trillion hit to household wealth. We've only got about a minute,
37:29
Speaker 2: so it's a bit of a mission, but can you
37:30
Speaker 2: explain to me what that means, a $ 1 trillion hit
37:33
Speaker 2: on household wealth coming our way?
37:36
Speaker 4: Yeah, yeah.
37:36
Speaker 1: So it's all very simple. So the housing stock, the
37:39
Speaker 1: total value of homes in Australia was valued at $ 12. 2
37:40
Speaker 1: trillion in the March quarter. And home values have already
37:45
Speaker 1: fallen by more than 5% nationally, and they're expected to
37:48
Speaker 1: record record declines. I'm expecting a peak to trough decline
37:52
Speaker 1: in excess of 10%. And what that'll mean is that
37:55
Speaker 1: dwelling values or the value of homes across Australia will
37:59
Speaker 1: fall by more than $ 1 trillion in aggregate, which means
38:01
Speaker 1: that's a $ 1 trillion hit to household wealth. And what
38:04
Speaker 1: this basically means for the economy is that HSBC, they've
38:08
Speaker 1: tipped a 13% peak to trough decline, and they think
38:10
Speaker 1: it's going to wipe about 1% off Australia's GDP growth
38:13
Speaker 1: through lower consumer spending, but also through lower turnover in
38:16
Speaker 1: housing-related sectors.
38:18
Speaker 2: The hits just keep on coming, don't they, Leith? I
38:23
Speaker 2: was going to say thank you, but I'm not sure
38:24
Speaker 2: I should say thank you after that news.
38:26
Speaker 3: I appreciate you coming on the show to talk, though.
38:29
Speaker 1: Always.
38:29
Speaker 4: Thanks, Leith.
38:30
Speaker 3: All right, coming up after the.
38:31
Speaker 2: Break, the pro-Palestine movement wants to hold a vigil for
38:35
Speaker 2: Gaza on the anniversary of October 7. There are no words,
38:39
Speaker 2: but there will be words... with Caroline DiRusso and Gemma
38:43
Speaker 2: Tonnini after the break. Next Wednesday will mark the three-year
38:51
Speaker 2: anniversary of the October 7 attacks. And who do you
38:54
Speaker 2: think is preparing to mark the occasion? The pro-Palestinian movement,
38:58
Speaker 2: of course, because nothing says moral high ground like dancing
39:01
Speaker 2: on the graves of your neighbour while complaining about your neighbour.
39:05
Speaker 2: It was the Jews who were victims on October 7.
39:08
Speaker 2: More than 1,000 Israelis raped, beaten, murdered, hundreds taken hostage.
39:13
Speaker 2: The pro-Palestinian movement say they're protesting Israel's response, which might
39:17
Speaker 2: have been more convincing if they had not celebrated the
39:19
Speaker 2: attacks on Israel and started protesting Israel's response before Israel's
39:24
Speaker 2: response had even begun. Israel's response, by the way, the
39:28
Speaker 2: ground invasion three weeks after the massacre of its civilians,
39:31
Speaker 2: was first and foremost to get back their women and
39:33
Speaker 2: children who'd been taken hostage, something the Gazans did everything
39:37
Speaker 2: to prevent and something even the pro-Palestinians in this country protested.
39:42
Speaker 2: Remember how they tore down posters calling for the Jewish
39:45
Speaker 2: hostages to be released? Anyway, there's a vigil being advertised
39:50
Speaker 2: to be held outside Sydney's town hall on October 7,
39:54
Speaker 2: but not to mourn the 1,200 Israelis killed that day.
39:57
Speaker 3: Far from it. Have a look at this.
40:00
Speaker 2: It's a poster advertising on October 7, a vigil not
40:03
Speaker 2: for Jews who that day experienced the biggest mass slaughter
40:06
Speaker 2: since the Holocaust. It's a vigil for Gaza. And have
40:10
Speaker 2: a look at what's written on the top of the poster.
40:13
Speaker 2: It says, don't let Israel steal the date. Its genocidal
40:19
Speaker 2: airstrikes began on October 7th, 2023. The Australian Jewish Association
40:24
Speaker 2: responded online to the poster by saying the following. Don't worry,
40:29
Speaker 2: Israel can't steal October 7 from you. Just as the
40:33
Speaker 2: Holocaust will forever be associated with Germany, the rape, murder
40:36
Speaker 2: and kidnapping of Jews on October 7 will forever be
40:39
Speaker 2: associated with the Palestinian Arabs who carried it out.
40:42
Speaker 3: That date is all yours.
40:45
Speaker 2: Joining me now is the panel, Gemma Tognini of GT
40:47
Speaker 2: Communications and News24 contributor Caroline DeRusso. Gemma, how did you
40:53
Speaker 2: respond when you saw this poster? I could not believe it.
40:56
Speaker 16: I'm completely unsurprised. These are the gutter of our society,
41:02
Speaker 16: these people. They are, you know what, at a very
41:05
Speaker 16: low level. They're kind of like Jan Brady, you know.
41:09
Speaker 13: They can't let anyone else have anything. They're just whinge, whinge, whinge. Marsha, Marsha, Marsha.
41:14
Speaker 16: I mean, that's the trite way to treat these mental
41:18
Speaker 16: and moral pygmies. But the reality of it is they're
41:21
Speaker 16: celebrating what they call our martyrs. And I just want
41:25
Speaker 16: to remind our viewers and remind any of those people
41:28
Speaker 16: who might still be on the fence on this issue,
41:30
Speaker 16: if that's possible, but what they're celebrating are people who
41:33
Speaker 16: broke into kibbutzim, who raped, slaughtered children, women, who tied women,
41:40
Speaker 16: young girls like my niece's age, 22 years old, to
41:42
Speaker 16: trees at... the site of the Nova Festival, raped them.
41:46
Speaker 16: They used implements. They used rods of wood and metal pikes.
41:50
Speaker 16: And many women were found having been shot in their genitalia.
41:54
Speaker 16: So I just want to remind my fellow Australians that
41:56
Speaker 16: the people who are advocating for this protest, what the
42:00
Speaker 16: hell they're protesting, who knows, they're the people who are
42:04
Speaker 16: quite happy with this.
42:05
Speaker 13: They think it's resistance. They think it's martyrdom. I think
42:08
Speaker 13: they're sick. And I think the government needs to finally
42:11
Speaker 13: just draw a.
42:12
Speaker 16: Line in the sand and there has to be a
42:14
Speaker 16: line in the sand about this sort of thing.
42:15
Speaker 13: And I'll just share this one story, if I could, James.
42:17
Speaker 16: The first hostage that I met on a mission to
42:21
Speaker 16: Israel in the middle of the war, December 2024, she
42:25
Speaker 16: was back at her kibbutzim, which was still, the only thing.
42:28
Speaker 13: That had been cleaned up was the blood, to be frank.
42:31
Speaker 16: And I asked her what her captors, she was held
42:33
Speaker 16: by a civilian family in Gaza. And I asked her,
42:37
Speaker 16: what they talked about, and she said various things. She
42:39
Speaker 16: tried to humanise herself. But she said to me the
42:41
Speaker 16: most shocking thing she had said to her was that
42:43
Speaker 16: she didn't know. She was told, I don't know why
42:46
Speaker 16: you Jews think you have the right to be here.
42:49
Speaker 16: So I just want to remind people what we're talking
42:51
Speaker 16: about here. This isn't some cosplay bullshit nonsense that belongs
42:56
Speaker 16: in a bad university class, probably the University of Sydney,
43:00
Speaker 16: let's be honest.
43:01
Speaker 13: This is fellow Australians.
43:04
Speaker 16: not my fellow Australians, trying to rewrite history, rewrite recent history,
43:09
Speaker 16: and it is absolutely abhorrent.
43:13
Speaker 2: Caroline, the Chris Minns government should not allow this to
43:17
Speaker 2: go ahead on October 7, should they?
43:21
Speaker 8: I think this is pretty revolting. Look, and there's one
43:25
Speaker 8: of these things, from a freedom of speech point of view,
43:29
Speaker 8: like I'm glad that this poster has come out so
43:32
Speaker 8: people can see the absolute stupidity, but that there is
43:35
Speaker 8: different to holding a vigil and protesting and I think
43:38
Speaker 8: that that there is just gauche beyond imagination. As Gemma said,
43:42
Speaker 8: it's absolutely abhorrent and.
43:43
Speaker 3: I really struggle.
43:45
Speaker 8: Even as, you know, my deepest libertarian senses and freedom
43:49
Speaker 8: of speech and associate just cannot abide this.
43:53
Speaker 13: It is absolutely revolting.
43:56
Speaker 8: But the bit that I was slightly amused by and
43:59
Speaker 8: what Gemma said was absolutely 100%. It won't come as
44:02
Speaker 8: any great surprise to you, James, that I agree with
44:05
Speaker 8: her and we're on a unity ticket here. But one
44:08
Speaker 8: of the groups that is sponsoring this event is is
44:12
Speaker 8: the eastern suburbs for Palestine.
44:15
Speaker 13: Like, tell me your head's up.
44:17
Speaker 8: Your backside without telling me your head's up your backside. Like,
44:21
Speaker 8: tell the entire country that you have absolutely no credibility.
44:26
Speaker 8: That was the first thing I noticed on that poster
44:29
Speaker 8: and I rolled my eyes and I thought, these people
44:32
Speaker 8: don't have enough problems.
44:34
Speaker 3: They don't.
44:34
Speaker 8: Because if they had proper problems, they would be being
44:38
Speaker 8: more productive workers with their time elsewhere in society than
44:42
Speaker 8: carrying on this absolute load of manure.
44:46
Speaker 3: Yeah, absolutely. Couldn't agree more. I just cannot imagine how.
44:52
Speaker 2: After what we saw back in the day, you know,
44:55
Speaker 2: the Opera House protests, et cetera, I just cannot believe
44:58
Speaker 2: the government will not find a way to stop this.
45:01
Speaker 3: It's obscene.
45:01
Speaker 16: James, Chris Minns was on the record a couple of
45:04
Speaker 16: weeks ago when our colleague Sherry Markson launched her book.
45:08
Speaker 13: along with Alex Rivkin.
45:10
Speaker 16: And he said something to the effect of, you know,
45:12
Speaker 16: that was a, I think it was a bullshit response.
45:14
Speaker 13: I was a baby Premier.
45:15
Speaker 3: That's right.
45:16
Speaker 13: You know, here's your chance, Premier.
45:18
Speaker 3: Yep.
45:18
Speaker 16: Here's your chance to make it about more than just rhetoric,
45:22
Speaker 16: more than just, oh, mere culprit in hindsight, don't blame me,
45:24
Speaker 16: I didn't know what I was doing. Here is your
45:26
Speaker 16: chance to put your goddamn money where your mouth is.
45:29
Speaker 2: Well, I mean, Caroline, and I want to move on
45:31
Speaker 2: in a second, but to my mind, if on October 7th,
45:35
Speaker 2: You have a pro-Palestinian rally in favour of Palestine and Gazans.
45:40
Speaker 2: That comes to me so close to incitement, it's not
45:44
Speaker 2: funny because you're effectively justifying what was mass slaughter. I
45:49
Speaker 2: just cannot imagine how that could possibly go ahead. And
45:52
Speaker 2: if Chris Min says, well, we don't have the laws
45:55
Speaker 2: to be able to stop it, well, you've been Premier
45:58
Speaker 2: for the last number of years since October 7, 2023.
46:00
Speaker 2: Three years. You've had the chance to make the laws.
46:03
Speaker 2: I want to talk about Sydney University. I forget which
46:06
Speaker 2: of you mentioned it earlier, but it was going to
46:08
Speaker 2: come up. They announced three independent reviews into campus security,
46:14
Speaker 2: student representative group funding and into student conduct rules. These
46:18
Speaker 2: three reviews come after a group ran in the student
46:21
Speaker 2: council election under the slogan, globalise the intifada.
46:25
Speaker 3: Gemma, we're going to have some reviews, three reviews. Is
46:29
Speaker 3: this action?
46:30
Speaker 16: Well, nothing says a line in the sand like three reviews.
46:33
Speaker 16: My goodness, they must be quaking in their boots. I mean, again, James,
46:36
Speaker 16: we had Mark Scott giving evidence at the Royal Commission
46:39
Speaker 16: recently or in the last couple of months, whenever it was, saying,
46:42
Speaker 16: you know, we were blindsided.
46:43
Speaker 13: Great, you were blindsided. You've had time. What have you done?
46:46
Speaker 13: What have you done?
46:47
Speaker 16: The Archbishop of Sydney, the Catholic Archbishop, I believe others
46:51
Speaker 16: also last week when this story broke, slammed the University
46:56
Speaker 16: of Sydney for its repeated inaction.
46:58
Speaker 13: I mean, imagine, imagine quaking in your boots. We're going
47:01
Speaker 13: to have a review. Oh, my giddy aunt. What a
47:05
Speaker 13: lack of leadership this country has.
47:07
Speaker 2: Caroline, the Australian newspaper reported that these reviews were ordered
47:12
Speaker 2: after the Prime Minister, the New South Wales Premier and
47:15
Speaker 2: the Education Minister all petitioned University Vice-Chancellor Mark Scott to
47:20
Speaker 2: do something. I mean, what does it say that you
47:22
Speaker 2: had to have everyone from the PM to the Education
47:25
Speaker 2: Minister knocking on your door saying, hey, are you going
47:27
Speaker 2: to do something?
47:28
Speaker 3: And then he responds with three reviews.
47:32
Speaker 8: Well, he's evidently an insipid human being, right? I mean,
47:35
Speaker 8: the three reviews... shouldn't even be necessary. You should have
47:39
Speaker 8: just done your job in.
47:39
Speaker 13: The first place.
47:41
Speaker 8: Now, if this rabble appears to run the university, well,
47:46
Speaker 8: then the Vice-Chancellor should just be sending his paycheck to them,
47:50
Speaker 8: you know, on the 15th of every month when it
47:52
Speaker 8: lands in his bank account or whatever.
47:54
Speaker 13: Who runs this show?
47:56
Speaker 8: Either you're in charge and you do your job properly
48:00
Speaker 8: or trot off Go and be a medical receptionist or something.
48:04
Speaker 8: Go and do something else. If you are not capable
48:07
Speaker 8: of doing the job, vacate the space. The idea that
48:12
Speaker 8: three senior people in government had to call you and
48:15
Speaker 8: tell you to do something and then what you do
48:18
Speaker 8: is have a review just tells us all that you
48:22
Speaker 8: are so far out of your depth and enough of this, like,
48:26
Speaker 8: bouncing from one cushy public job to another, mate.
48:30
Speaker 3: You're useless. Just go.
48:32
Speaker 2: You're absolutely right. I've got to finish it there, ladies.
48:34
Speaker 2: Thank you for taking the time. I really appreciate it.
48:37
Speaker 2: That's it from me.
48:38
Speaker 3: Stick around. Up right now is Shari Markson. Good night.