Latest / Steve Price / Steve Price | 28 June

Transcript

Steve Price | 28 June · Steve Price

• 0:00
  Speaker 1: Live. This is Steve Price. Good evening, Welcome to Fridays
• 0:07
  Speaker 1: with Steve Price. Plenty to come, of course, on today's
• 0:09
  Speaker 1: historic presidential debate in Georgia, hosted by the US cable
• 0:14
  Speaker 1: network CNN and shown of course live right here on Sky.
• 0:17
  Speaker 1: I have plenty more on that as we go through.
• 0:20
  Speaker 1: Then I take you know the US shortly, so many
• 0:23
  Speaker 1: highlights or low lights depending on your views on Donald
• 0:26
  Speaker 1: Trump or Joe Biden. Biden clearly lost, but I thought
• 0:30
  Speaker 1: this summed up the ninety minutes early Biden, early on
• 0:34
  Speaker 1: started mumbling and trailing off in typical style. Trump pounced
• 0:38
  Speaker 1: with an early shot across his bows.
• 0:42
  Speaker 2: The total initiative relative to what we're going to do
• 0:45
  Speaker 2: with more border patrol and more cybum officers, President Trump.
• 0:50
  Speaker 3: I really don't know what he said at the end
• 0:52
  Speaker 3: of this. I don't think he knows what he said either.
• 0:55
  Speaker 1: I don't think anyone knew what he said at the
• 0:57
  Speaker 1: end of that. It was a pretty sad thing to watch.
• 1:00
  Speaker 1: Also come out up tonight, a major Australian hospital with
• 1:02
  Speaker 1: a hectic emergency department and a very busy intensive care
• 1:06
  Speaker 1: unit is being urged. Can you believe it to turn
• 1:09
  Speaker 1: the lights off in unused rooms when people exit because
• 1:13
  Speaker 1: their budget in Victoria is so stretched. Warren Hogan from
• 1:16
  Speaker 1: the Judo Bank will try and explain to me why
• 1:19
  Speaker 1: Jim Charmers is out today bragging about potentially having two
• 1:23
  Speaker 1: surplus budgets running in a row while the rest of
• 1:26
  Speaker 1: us struggle with the cost of living pressure. It makes
• 1:29
  Speaker 1: no sense. And in Queensland, rising fury over indigenous land
• 1:33
  Speaker 1: grabs our Friday regular Campbell Newman will join us as
• 1:37
  Speaker 1: he does each Friday night. First up though, before we
• 1:40
  Speaker 1: get to that circus like US presidential debate, And as
• 1:44
  Speaker 1: I said, I'll have a chat with not just Warren
• 1:46
  Speaker 1: Hogan from the Judo Bank, but the Victorian shadow treasure
• 1:50
  Speaker 1: of Brad Rosewell, I'd like to share with you all
• 1:53
  Speaker 1: an eyebrow raising insider's financial pain as he tries to
• 1:58
  Speaker 1: keep his business ticking eyes over. Now I won't and
• 2:02
  Speaker 1: can't identify him, but he is a major player in hospitality.
• 2:05
  Speaker 1: He's got venues in Sydney, Melbourne and regional Australia. He
• 2:09
  Speaker 1: has hundreds of employees across double figure locations, dealing with
• 2:14
  Speaker 1: state and federal taxes and a wages bill that's being
• 2:18
  Speaker 1: driven by EBAs, adding to energy costs and insurance. Now,
• 2:23
  Speaker 1: on wages, his biggest costs. The Fair Work legislation for
• 2:27
  Speaker 1: the Newish Albanesi government centralizes wages across all industries, which,
• 2:32
  Speaker 1: as he points out to me, a restaurant waiter is
• 2:35
  Speaker 1: treated exactly the same as a mine worker. In three years,
• 2:40
  Speaker 1: this operator has had to deal with hikes of four
• 2:43
  Speaker 1: point six percent, five point seventy five percent, and this
• 2:47
  Speaker 1: year three point seven five percent, which in real dollar
• 2:50
  Speaker 1: terms means a fifteen percent wage bill rise in twenty
• 2:55
  Speaker 1: five months. Now, as he says, you can add to
• 2:58
  Speaker 1: that a one point five percent super annuation rise over
• 3:02
  Speaker 1: the same timeframe, and three payroll taxes rises in Victoria,
• 3:06
  Speaker 1: plus a fifty percent increase on WorkCover premiums. He also
• 3:10
  Speaker 1: has had to deal with land tax hikes by a
• 3:13
  Speaker 1: broken Victorian government. And he told me, and this is
• 3:16
  Speaker 1: hard to believe, he has to deal with one hundred
• 3:19
  Speaker 1: and twenty two awards. Add to all of this the
• 3:23
  Speaker 1: highest gas and electricity prices he's seen in his lifetime.
• 3:27
  Speaker 1: Now you wonder how anyone in hospitality is even still
• 3:30
  Speaker 1: in business. I asked my mate for an actual worker
• 3:34
  Speaker 1: example similar to when we were told, of course, that
• 3:36
  Speaker 1: a stop go sign holder from the CFMU was earning
• 3:40
  Speaker 1: more than one hundred thousand dollars a year. Well, here
• 3:43
  Speaker 1: you go and think about this the next time you
• 3:45
  Speaker 1: line up and order a skinny latte on the way
• 3:47
  Speaker 1: to work a casual barrista, I'll repeat that a casual
• 3:52
  Speaker 1: barrista is earning sixty dollars an hour plus super and
• 3:57
  Speaker 1: that hourly rate top seventy dollars an hour if it's
• 4:00
  Speaker 1: a public holiday. The operator I was talking who made
• 4:03
  Speaker 1: the point that if the award rate continues as it
• 4:06
  Speaker 1: has been going, for ristas will lend up earning one
• 4:09
  Speaker 1: hundred dollars an hour, and by the time we get
• 4:11
  Speaker 1: to the Brisbane Olympic Games in four years, one hundred
• 4:14
  Speaker 1: and twenty dollars an hour, and folks, you and I
• 4:17
  Speaker 1: will be paying a minimum fifteen dollars for a takeaway coffee.
• 4:22
  Speaker 1: So Jim Charmers can brag all he likes about two
• 4:25
  Speaker 1: budget surpluses, but in the real world people are being
• 4:28
  Speaker 1: crushed by inflation. A jump to four percent this week
• 4:31
  Speaker 1: will likely get another interest rate rise in August. Australia
• 4:35
  Speaker 1: has become one of the most expensive countries in the world,
• 4:38
  Speaker 1: both to live in and run a business in. Eating
• 4:42
  Speaker 1: out has become mind blowingly expensive. Energy costs are out
• 4:45
  Speaker 1: of control, rents her through the roof, and buying a
• 4:48
  Speaker 1: house for so many of our youngsters is a dream
• 4:51
  Speaker 1: that's turned into a nightmare. This has been just one
• 4:54
  Speaker 1: example of a very successful hospitality owner and he will survive,
• 5:00
  Speaker 1: believe me. But so many smaller operators will not and
• 5:04
  Speaker 1: have not. And that's the real world for you. First,
• 5:09
  Speaker 1: let's go to the US straight away and break down
• 5:12
  Speaker 1: all the action from this first presidential debate. We've heard
• 5:15
  Speaker 1: so much of the reaction so far, obviously Joe Biden
• 5:18
  Speaker 1: versus Donald Trump, and you've got to say it's been
• 5:21
  Speaker 1: a train wreck for Joe Biden, the incumbent president. The
• 5:24
  Speaker 1: pair faced off, they tack it all the big issues,
• 5:27
  Speaker 1: the ones you would expect, the economy, mainly immigration which
• 5:30
  Speaker 1: was huge, and the question of abortion, and of course
• 5:33
  Speaker 1: it wouldn't be a debate without some personal jabs along
• 5:36
  Speaker 1: the way. Now, once the debate kicked off, it didn't
• 5:39
  Speaker 1: take long enough and you really felt it sitting there
• 5:41
  Speaker 1: for Joe Biden's first stumble.
• 5:43
  Speaker 2: Have a listen childcare, elder care, making sure that we
• 5:47
  Speaker 2: continue to supper strength in our healthcare system, making sure
• 5:50
  Speaker 2: that we're able to make every single solitary person eligible
• 5:55
  Speaker 2: for what I've been able to do with the with
• 5:58
  Speaker 2: the COVID, with dealing with everything we have to do with.
• 6:05
  Speaker 4: Look, if we finally beat Medicare, Thank you, President Biden.
• 6:14
  Speaker 1: Seriously, it was sad to watch. And now in the US,
• 6:17
  Speaker 1: as we've heard in the wash up of this debate,
• 6:20
  Speaker 1: there's arguments among the Democrats as to whether they can
• 6:22
  Speaker 1: actually tap Joe Biden on the shoulder. I'd love to
• 6:25
  Speaker 1: bring in Bill Augustino, senior research analyst at the Media
• 6:29
  Speaker 1: Research Center. Bill, you can't talk about this debate without
• 6:33
  Speaker 1: talking about the performance from Joe Biden. What did you
• 6:36
  Speaker 1: make of it?
• 6:38
  Speaker 5: Yeah, No, you're hitting the nail right on the head there.
• 6:40
  Speaker 5: I think that in general, that was kind of the
• 6:44
  Speaker 5: question that everybody was wondering. Everybody sort of knew that
• 6:47
  Speaker 5: Trump was going to be well himself. He has kind
• 6:50
  Speaker 5: of a style.
• 6:50
  Speaker 6: I think he's a bit of a known quantity.
• 6:52
  Speaker 5: But Biden has been so all over the place in
• 6:54
  Speaker 5: so many of his last public appearances. I think a
• 6:57
  Speaker 5: lot of people were speculating he might come out seeming
• 6:59
  Speaker 5: kind of wired and angry, like he was during the
• 7:02
  Speaker 5: State of the Union speech, But that really wasn't the case.
• 7:05
  Speaker 5: And I think that clip that you just played pretty
• 7:08
  Speaker 5: much perfectly highlighted the way he performed during this entire debate.
• 7:11
  Speaker 5: He was uneven, he was losing his train of thought
• 7:15
  Speaker 5: a lot. He had that kind of raspy quiet voice.
• 7:18
  Speaker 5: I'm being told that apparently he had a cold or something,
• 7:20
  Speaker 5: although I feel like that only came out once he
• 7:23
  Speaker 5: started getting hammered by Trump. But yeah, no, the entire
• 7:26
  Speaker 5: performance I think was pretty difficult for Democrats to watch.
• 7:33
  Speaker 1: What I found how to understand, Bill, I mean, the
• 7:34
  Speaker 1: Democrats wanted this debate, and then once I got the
• 7:37
  Speaker 1: debate up, it was run under the rules. Marks were muted,
• 7:42
  Speaker 1: there was no audience saved for Donald Trump to play off.
• 7:45
  Speaker 1: But say and then then on sold this to every
• 7:48
  Speaker 1: magid network in the United States. We ran out here
• 7:50
  Speaker 1: live on sky. This seems to be a massive mistike
• 7:54
  Speaker 1: by the Democrats to even do this. How many actual
• 7:58
  Speaker 1: Americans would have watched this or not and thought, my god,
• 8:01
  Speaker 1: that blogs our president.
• 8:05
  Speaker 5: Unfortunately, I think quite a number of us. The vast
• 8:09
  Speaker 5: majority of the media coverage that I've seen, including even
• 8:12
  Speaker 5: from very pro Biden cable networks like CNN and MSNBC,
• 8:16
  Speaker 5: are are kind of panicking as well. There's a couple
• 8:19
  Speaker 5: of kind of died in the whole Democrat operatives out
• 8:22
  Speaker 5: there that are attempting to spin this, but even they
• 8:25
  Speaker 5: don't really have much to go off of. I heard
• 8:28
  Speaker 5: Joy Read on MSNBC trying to blame the placement of
• 8:32
  Speaker 5: the two candidates for Biden's performance. She complained that he
• 8:35
  Speaker 5: was on the wrong side of the stage and that
• 8:37
  Speaker 5: somehow that threw him off.
• 8:39
  Speaker 6: No.
• 8:39
  Speaker 5: I mean, I think that it's pretty clear to everybody
• 8:41
  Speaker 5: that the image of Biden as this kind of decrepit,
• 8:46
  Speaker 5: confused man is not just some right wing conspiracy theory
• 8:50
  Speaker 5: as the media have been insisting. It's very much a
• 8:52
  Speaker 5: difficult reality for all of us to have to deal with.
• 8:56
  Speaker 6: Bill.
• 8:57
  Speaker 1: I'll get onto a couple of specific issues and the's sick,
• 8:59
  Speaker 1: but watching Sky here in Australia this afternoon, we played
• 9:03
  Speaker 1: an interview Anderson Cooper from CNN did, who's certainly no
• 9:06
  Speaker 1: Donald Trump fan. He was interviewing Kamala Harris, Vice President
• 9:11
  Speaker 1: Kamala Harris. She kept going back to the issues, but
• 9:14
  Speaker 1: Cooper kept saying, listen, hang on, you've got to comment
• 9:17
  Speaker 1: on what the bloke who's the president, who you would
• 9:20
  Speaker 1: take over from if he stepped down, what he was
• 9:23
  Speaker 1: like tonight and he was dreadful.
• 9:27
  Speaker 5: Yeah, yeah, no, absolutely. That was a very difficult interview
• 9:30
  Speaker 5: to watch. The second she started speaking, her voice cracked
• 9:34
  Speaker 5: like three or four times. I think that she was
• 9:36
  Speaker 5: made incredibly uncomfortable by that, and she was probably also
• 9:38
  Speaker 5: pretty upset to hear somebody from what should be a
• 9:41
  Speaker 5: friendly cable network and a friendly audience putting this difficult
• 9:45
  Speaker 5: question to her. I was honestly kind of impressed with
• 9:48
  Speaker 5: the moderators actually that they even asked Biden an age
• 9:51
  Speaker 5: question at all.
• 9:52
  Speaker 1: Of course, they followed it.
• 9:53
  Speaker 5: Up immediately with an age question for Trump, although there's
• 9:55
  Speaker 5: been significantly less worry and speculation about Trump's fitness for
• 9:59
  Speaker 5: the job health wise and age wise. But in general
• 10:03
  Speaker 5: I think that they've kind of lost CNN a little
• 10:06
  Speaker 5: bit on this one.
• 10:09
  Speaker 1: Let's have a little look at the exchange between the
• 10:12
  Speaker 1: two in regard to abortion.
• 10:14
  Speaker 7: So he's willing to, as we say, rip the baby
• 10:18
  Speaker 7: out of the womb in the ninth month and kill
• 10:20
  Speaker 7: the baby. Nobody wants that to happen, Democrat or Republican,
• 10:24
  Speaker 7: nobody wants it to happen.
• 10:25
  Speaker 2: That is simply not true that Roe v. Wade does
• 10:28
  Speaker 2: not provide for that. That's not the circumstance. Only a
• 10:32
  Speaker 2: woman's life is in danger. She's going to die. That's
• 10:34
  Speaker 2: the only circumstance whence that can happen. But we are
• 10:37
  Speaker 2: not for late term abortion period.
• 10:41
  Speaker 1: Bially, interestingly, Trump motorated some of his views on abortion
• 10:44
  Speaker 1: in one of those answers, is abortion is still a
• 10:47
  Speaker 1: big issue in the States.
• 10:49
  Speaker 5: Absolutely it is. And I think that this was probably
• 10:52
  Speaker 5: where on substance, if not necessarily performance and style, Biden
• 10:56
  Speaker 5: lost the support or not support, but at least the
• 10:59
  Speaker 5: hopes of a lot of the Democrat people watching tonight,
• 11:02
  Speaker 5: a lot of his handlers, because this is kind of
• 11:04
  Speaker 5: supposed to be the Democrats winning issue. I think that
• 11:07
  Speaker 5: there's been a lot of very successful messaging, both from
• 11:10
  Speaker 5: the DNC and from compliant media that Republicans essentially want
• 11:14
  Speaker 5: to ban abortion across the entire country, which of course
• 11:17
  Speaker 5: scares a lot of suburban voters and middle class voters.
• 11:21
  Speaker 5: That's not a tenable position really to run on. That's
• 11:25
  Speaker 5: not exactly true. I think that the majority of Republican
• 11:28
  Speaker 5: politicians would probably prefer to leave it.
• 11:30
  Speaker 1: Up to the individual states.
• 11:31
  Speaker 5: But regardless, it's a messaging advantage that the Democrats absolutely
• 11:35
  Speaker 5: should have, and there's no other way to say it.
• 11:38
  Speaker 5: Biden kind of dropped the ball on this whole issue, right.
• 11:42
  Speaker 5: He sort of let Trump run around it in circles.
• 11:44
  Speaker 5: He kept citing Ralph Northam, which is of course a
• 11:47
  Speaker 5: devastating case for a Democrat to have to contend with.
• 11:49
  Speaker 5: That was my former governor who Trump was alluding to,
• 11:53
  Speaker 5: who did, in fact, actually suggests that if a baby
• 11:56
  Speaker 5: is born when an abortion was trying to be performed,
• 11:59
  Speaker 5: it would be possible to terminate the baby if the
• 12:02
  Speaker 5: mother so chose, which is an insane position that barely
• 12:05
  Speaker 5: anybody is behind. The fact that Trump was able to
• 12:09
  Speaker 5: eat Biden's lunch on this issue, I think is illustrative
• 12:13
  Speaker 5: in general of the fact that Biden had very little
• 12:16
  Speaker 5: command of the well of the issues for this debate.
• 12:22
  Speaker 1: Illegal immigrations out of control. The former president Trump had
• 12:26
  Speaker 1: tech Barden for allowing those illegals to flood into the country.
• 12:30
  Speaker 1: The numbers are just staggering. Here's the exchange on border immigration.
• 12:34
  Speaker 7: We had the safest border in the history of our
• 12:36
  Speaker 7: country the board.
• 12:37
  Speaker 3: All he had to do is leave it.
• 12:38
  Speaker 7: All he had to do is leave it. He decided
• 12:40
  Speaker 7: to open up our border, open up our country to
• 12:43
  Speaker 7: people that are from prisons, people that are from mental institutions,
• 12:49
  Speaker 7: insane asylum, terrorists. We have the largest number of terrorists
• 12:52
  Speaker 7: coming into our country right now, all terrorists all over
• 12:55
  Speaker 7: the world, not just in South America, all over the world.
• 12:58
  Speaker 7: They come from the Middle East, everywhere, all over the world.
• 13:00
  Speaker 2: That pouring in the idea they're emptying their prisons where
• 13:04
  Speaker 2: welcome these people. That's simply not true. There's no data
• 13:07
  Speaker 2: to support what he said. Once again, he's exaggerating.
• 13:10
  Speaker 1: He's lying. Bill. Anyone living in a major American city
• 13:15
  Speaker 1: that's in the end result of illegal immigration, they're going
• 13:18
  Speaker 1: to be backing what Donald Trump says. Surely. Yeah, absolutely.
• 13:22
  Speaker 5: I mean if you have no prior knowledge going into
• 13:25
  Speaker 5: this debate and you see what both of them said
• 13:27
  Speaker 5: on that issue, then it just kind of turns into
• 13:29
  Speaker 5: a he said, he said, and it's a question of
• 13:31
  Speaker 5: who you find more believable. But I think that the
• 13:34
  Speaker 5: disadvantage that Biden has here is a lot of Americans
• 13:37
  Speaker 5: are very aware of the reality that our border is
• 13:40
  Speaker 5: incredibly porous. In some ways, we don't even have a
• 13:42
  Speaker 5: border right now. And to be honest, I think that
• 13:45
  Speaker 5: Trump could even have been a little bit harsher on Biden.
• 13:48
  Speaker 5: I mean, he never even brought up the fact that
• 13:51
  Speaker 5: the Department of Homeland Security has been deliberately flying illegal
• 13:55
  Speaker 5: aliens into the country. Previously, there were scandals where illegal
• 13:59
  Speaker 5: aliens were arriving at the country and DHS would fly
• 14:01
  Speaker 5: them to wherever they wanted to go. We now have
• 14:04
  Speaker 5: a program where they are actually being flown in on
• 14:08
  Speaker 5: the government dime, and so they were. As much as
• 14:11
  Speaker 5: Trump hammered him on that issue, I think that there
• 14:14
  Speaker 5: was even more for him to touch on. To be
• 14:15
  Speaker 5: completely honest, that's simply how bad our border security situation
• 14:19
  Speaker 5: is here in the States right now.
• 14:22
  Speaker 1: It's great analysis. Boo, just finally, does Joe Biden get
• 14:25
  Speaker 1: to election dye.
• 14:29
  Speaker 5: Yeah, that's kind of I think the question on everybody's
• 14:32
  Speaker 5: mind right now. I am pretty firmly in the camp
• 14:34
  Speaker 5: that if they were to replace Biden, it would be
• 14:37
  Speaker 5: an incredibly big optics disaster for the party because it
• 14:41
  Speaker 5: would essentially be especially after this debate, it would be
• 14:44
  Speaker 5: them saying, Okay, you know what, you guys were actually right.
• 14:47
  Speaker 5: He is too old, he's not up to it. He's
• 14:49
  Speaker 5: fine to stay in as president, though, but we're not
• 14:51
  Speaker 5: going to run him in twenty four And so I
• 14:53
  Speaker 5: think the only way, the only way possible, and I
• 14:56
  Speaker 5: don't think even this will happen, But the only way
• 14:58
  Speaker 5: I could see them replacing Biden if they manufactured some
• 15:02
  Speaker 5: sort of story about his health something like that, had
• 15:04
  Speaker 5: him step down as president as well, and then ran
• 15:07
  Speaker 5: Kamala Harris. I don't see any other way that they
• 15:10
  Speaker 5: don't try to drag him across the finish line, as
• 15:13
  Speaker 5: unappealing as that probably is for a lot of them.
• 15:17
  Speaker 1: Bill Agostino, great work, Thanks very much for your health tonight.
• 15:21
  Speaker 1: Absolutely thanks so much. We'll go back to the debate
• 15:27
  Speaker 1: and talk to Kosher Gada and to our panel later
• 15:30
  Speaker 1: in the program. Now let's go back to domestic politics. Now, Victoria,
• 15:34
  Speaker 1: as we know, faces a huge budget trouble with its
• 15:36
  Speaker 1: debt thanks to years of reckless spending from labor. Now
• 15:39
  Speaker 1: it's gotten to the point and I couldn't believe this
• 15:41
  Speaker 1: when I read it this morning in the nine newspapers,
• 15:43
  Speaker 1: where even essential services are being slugged with huge funding
• 15:48
  Speaker 1: cuts in an effort to reduce spending. Justh yesterday, and
• 15:51
  Speaker 1: you won't believe this. Around the rest of the country,
• 15:53
  Speaker 1: Victorian Health Minister announced a strict new health funding regime
• 15:58
  Speaker 1: where hospitals will not have their budgets topped up if
• 16:01
  Speaker 1: they fall into the red It's staggering. As a result,
• 16:04
  Speaker 1: two major hospitals imposed immediate hiring freezers to cut costs. Hospitals.
• 16:09
  Speaker 1: We're talking about here. We're not talking about you know,
• 16:12
  Speaker 1: the arts center. This is hospitals. But it gets worse
• 16:15
  Speaker 1: today it's been revealed that staff at three major hospitals
• 16:17
  Speaker 1: have been told to help cut spending by turning the
• 16:21
  Speaker 1: lights off each time they leave a room. Joining me
• 16:25
  Speaker 1: now is the shadow treasurer in Victoria bred Rosewell, how'd
• 16:29
  Speaker 1: we get here?
• 16:31
  Speaker 8: We've got to here, steve to ten years of labor
• 16:33
  Speaker 8: and ten labor budgets and you know, frankly, people say
• 16:37
  Speaker 8: to me, yes, our state's heading to one hundred and
• 16:39
  Speaker 8: eighty eight billion dollars worth of debt. But what does
• 16:41
  Speaker 8: that actually mean? Well, I'll tell you what it means.
• 16:44
  Speaker 8: It means that essential surgeries are going to be delayed.
• 16:47
  Speaker 8: It means that the staff that we desperately need in
• 16:49
  Speaker 8: our hospitals to keep those hospitals running into Keith Victorians
• 16:52
  Speaker 8: safe and well, are going to be frozen. This is
• 16:55
  Speaker 8: a state of things in Victoria at the hands of
• 16:57
  Speaker 8: labor after ten years.
• 16:58
  Speaker 1: Because under the last period of Daniel Andrews's premiere and
• 17:02
  Speaker 1: in the beginning of the Yalen government, I think what
• 17:04
  Speaker 1: they colmed the public in around that election time was
• 17:07
  Speaker 1: to don't worry about debt. That's something that we worried
• 17:10
  Speaker 1: about in the past. We don't have to worry about
• 17:12
  Speaker 1: debt now. But everyone knew that eventually the problems were
• 17:16
  Speaker 1: going to come home to roost.
• 17:17
  Speaker 8: But Steve he didn't actually colm the Victorian people. Later
• 17:19
  Speaker 8: a light to the Victorian people. He said to the
• 17:22
  Speaker 8: Victorian people ahead of the last state election that they
• 17:25
  Speaker 8: could have it all. They could have a big building project,
• 17:27
  Speaker 8: they could have all the major infrastructure projects, and they
• 17:30
  Speaker 8: could have a world class health care system. Well we
• 17:32
  Speaker 8: now know, with hospital CEOs facing these massive budget cats,
• 17:36
  Speaker 8: with Victorian patients health and health outcomes being put on
• 17:40
  Speaker 8: the line that that is simply not true.
• 17:43
  Speaker 1: Embarrassed would you be to be a treasurer of a
• 17:45
  Speaker 1: government was telling people to turn the lights off in
• 17:48
  Speaker 1: a hospital to save fifty cents on a power bill.
• 17:52
  Speaker 8: But that's the point, that's the extent of it. That
• 17:54
  Speaker 8: is what ten years of labor and ten labor budgets
• 17:57
  Speaker 8: are actually mean. That's what hundred and eighty eight billion
• 18:00
  Speaker 8: dollars worth of debt means. That means, that's what twenty
• 18:03
  Speaker 8: six million dollars of daily interest payment, which.
• 18:05
  Speaker 1: Your opposite number. I haven't seen Tim Pallace for weeks.
• 18:08
  Speaker 8: Well invite him on Steve and see whether he excell.
• 18:10
  Speaker 1: Doubt he can't. But I mean, at some point you're
• 18:15
  Speaker 1: going to get the place crumbling. I mean, I've written
• 18:17
  Speaker 1: in recent weeks about how it's no one to cleans
• 18:20
  Speaker 1: up graffiti anymore. My column in the paper today talks
• 18:23
  Speaker 1: about how no one pays for public transport fares. The
• 18:26
  Speaker 1: place is decaying between before our very old and.
• 18:30
  Speaker 8: I make the point time and time again we've still
• 18:32
  Speaker 8: got two and a bit years of this in Victoria.
• 18:34
  Speaker 8: And I pity the Victorian people, but I say to them,
• 18:38
  Speaker 8: hope is coming in November twenty twenty six.
• 18:39
  Speaker 1: There's an opportunity to change the.
• 18:42
  Speaker 8: Way we do things and the way we do business
• 18:43
  Speaker 8: in this state, and I'm just sorry to say that
• 18:46
  Speaker 8: they've got a couple of years before that change comes.
• 18:48
  Speaker 1: The other development here, the Allen government's now so desperate
• 18:51
  Speaker 1: for cash that we read this week that the cost
• 18:53
  Speaker 1: of dying is set to skyrocket.
• 18:55
  Speaker 6: Now.
• 18:55
  Speaker 1: I ran a campaign years ago against death taxes. The
• 18:58
  Speaker 1: Victorian Labor government's planning to stug slug families with fee
• 19:01
  Speaker 1: hikes of up to if this goes through, six hundred
• 19:04
  Speaker 1: and fifty percent to process your will. In other words,
• 19:07
  Speaker 1: it's a death tax by stealth.
• 19:10
  Speaker 8: I mean that is so up until this point, Steve,
• 19:13
  Speaker 8: these lost were two things certain in life, death and taxes,
• 19:17
  Speaker 8: And now under Labor we can add a third being
• 19:20
  Speaker 8: death taxes. This isn't death taxes by stealth. This is
• 19:23
  Speaker 8: death taxes full frontal. You know, the state labor government
• 19:27
  Speaker 8: is so desperate in this state to pay off their
• 19:29
  Speaker 8: debt or debt that they have ratchet it up over
• 19:32
  Speaker 8: the last ten years. Up until a couple of days ago,
• 19:35
  Speaker 8: they used to just reach into your back pocket, Steve.
• 19:37
  Speaker 8: Now they are reaching into open graves to try and
• 19:42
  Speaker 8: sort out the mess that they've created over the last
• 19:45
  Speaker 8: ten years.
• 19:45
  Speaker 1: Is the problem for you, though I've asked you this
• 19:47
  Speaker 1: question before, that when they do all of these things
• 19:50
  Speaker 1: to try and reduce that crippling debt, once you get elected,
• 19:54
  Speaker 1: if elected, you can't undo all this, well, will you?
• 19:58
  Speaker 1: Under it is a death tax. The the first thing.
• 20:00
  Speaker 8: We're going to be doing is running a darn hard
• 20:02
  Speaker 8: campaign to get labor not to do it in the
• 20:04
  Speaker 8: first place, because as I said, there's a bit of time,
• 20:07
  Speaker 8: more than two years between now and the next state election,
• 20:09
  Speaker 8: and you know that's an opportunity.
• 20:11
  Speaker 1: It might be unrecognizable within two and art well, it
• 20:13
  Speaker 1: probably will be.
• 20:14
  Speaker 8: It probably will be. And you know the government is
• 20:16
  Speaker 8: a so down set on delivering a suburban rail loop,
• 20:19
  Speaker 8: a train line between Sheltenman Box Shiell that no one
• 20:22
  Speaker 8: ever asked for. That we've got, you know, death taxes
• 20:25
  Speaker 8: being considered, that we've got a health system that's in
• 20:27
  Speaker 8: absolute and out of crisis, not just in metropolitan Melbourne
• 20:30
  Speaker 8: but right around the state.
• 20:31
  Speaker 1: Talking about train lines, the Airport rail train line was
• 20:34
  Speaker 1: again back in the news, this so called independent report
• 20:37
  Speaker 1: into whether it should be above ground or below ground.
• 20:39
  Speaker 1: Released today, the government won't release the full report. Federal
• 20:42
  Speaker 1: minister was on radio this afternoon saying, oh, well, you know,
• 20:45
  Speaker 1: there's not much we can do about it. It's got
• 20:47
  Speaker 1: a private lease out at that airport. This thing's never
• 20:50
  Speaker 1: going to be built.
• 20:51
  Speaker 8: Well, the federal government did a point, in their view,
• 20:54
  Speaker 8: an independence mediator, but the bloke was an independen Steve.
• 20:57
  Speaker 8: I mean, let's be frank about that. The same bloke
• 20:59
  Speaker 8: who the federal governor pointed as a mediator is working
• 21:02
  Speaker 8: for the state labor government on the suburban rail loop projects.
• 21:05
  Speaker 8: So is that independent? Well it's not independent, Steve. And
• 21:08
  Speaker 8: that's the point now. You know, usually what a mediator does, Steve,
• 21:12
  Speaker 8: is that the mediator comes in and negotiates an outcome.
• 21:16
  Speaker 1: It gets a solution.
• 21:17
  Speaker 8: But at the end of this, Steve, you've still got
• 21:18
  Speaker 8: the airport saying we want something underground. You've still got
• 21:20
  Speaker 8: the state government saying we want something above ground. And
• 21:23
  Speaker 8: you're absolutely right, the people who are missing out here
• 21:26
  Speaker 8: are Victorians. You know. Frankly, from my perspective, I don't
• 21:29
  Speaker 8: care whether it's above ground or underground. I just think
• 21:33
  Speaker 8: the suburban rail loop should be shelved and we should
• 21:36
  Speaker 8: be prior at prioritizing airport rail.
• 21:38
  Speaker 1: Pretty simple, Brad roseall, thank you very much for your time.
• 21:41
  Speaker 1: As usual, coming up, stay with us, coming up after
• 21:43
  Speaker 1: the break. Residents are in real anger as aboriginal corporations
• 21:47
  Speaker 1: in Queensland seek to claim ownership of public land from
• 21:51
  Speaker 1: the Queensland government. Plus why some Australians are about to
• 21:54
  Speaker 1: earn an extra two hundred dollars a week. All of
• 21:57
  Speaker 1: that up next, welcome back Steve Price with you on
• 22:04
  Speaker 1: Friday night.
• 22:04
  Speaker 6: Now.
• 22:05
  Speaker 1: Residents of Fraser Island, which of course has been renamed
• 22:08
  Speaker 1: I don't know why. Particularly Kagari, have expressed their concerns
• 22:12
  Speaker 1: over a bid from the Butchulla Aboriginal Corporation. They want
• 22:16
  Speaker 1: to claim inalienable freehold ownership of five square kilometers in
• 22:22
  Speaker 1: Urrong and Happy Valley. Now this is very different to
• 22:25
  Speaker 1: a native title claim. I'm told under this proposal, ownership
• 22:29
  Speaker 1: of public land would be transferred to that corporation, becoming
• 22:34
  Speaker 1: privately owned land. Joining me now to make sense of this,
• 22:37
  Speaker 1: because I know he's fired up about it is former
• 22:39
  Speaker 1: Queensland Premier, Lord Mayor of Brisbane, Campbell Newman, Great to
• 22:43
  Speaker 1: see you again. Can you explain to me why this
• 22:47
  Speaker 1: is so important.
• 22:50
  Speaker 9: Steve, This actually should be one of the key election
• 22:53
  Speaker 9: issues in the Queensland Stay election in October this year.
• 22:57
  Speaker 9: That the mard it's a bit of a sleeper, but
• 22:59
  Speaker 9: I think or waking up. You've just talked about Fraser Island,
• 23:03
  Speaker 9: but there are other communities right across Queensland being impacted
• 23:06
  Speaker 9: in other one's to bear in the southwest of the
• 23:09
  Speaker 9: state near gunder Windy, where the local publican has been
• 23:13
  Speaker 9: Michael has been sounding the alarm on this and I
• 23:16
  Speaker 9: thank him for that. Look, it's like this, you have
• 23:19
  Speaker 9: Native title federal law, but you have a state Aboriginal
• 23:23
  Speaker 9: lands legislation. What seems to be happening is that in
• 23:28
  Speaker 9: cases where a native title claim has been launched and
• 23:32
  Speaker 9: then been successful and given say non exclusive access to
• 23:36
  Speaker 9: an indigenous group, the Department of Resources then are using
• 23:40
  Speaker 9: that as justification to then receive an application from the
• 23:45
  Speaker 9: same groups. Consider it under great secrecy has happened with
• 23:49
  Speaker 9: Taber and it looks like on Fraser Island, and then
• 23:53
  Speaker 9: actually seriously contemplate handing over land that has always been
• 23:57
  Speaker 9: accessed by the local community to that average group as freehold.
• 24:02
  Speaker 9: I'll just say to Queenslanders this evening and watching. If
• 24:05
  Speaker 9: you think this doesn't affect your community, think again. This
• 24:10
  Speaker 9: is big. It is affecting, for example, Metropolitan Brisbane, where
• 24:14
  Speaker 9: the Redland City Council I know on good authority, are
• 24:17
  Speaker 9: very concerned about this. The actual executive team of the
• 24:20
  Speaker 9: Redland City Council I know are very worried because there
• 24:25
  Speaker 9: are claims right across public land in the Redlands parkland
• 24:30
  Speaker 9: reserves that people have enjoyed for generations that now could
• 24:34
  Speaker 9: be subject to ultimately freeholding. I don't know if it's political,
• 24:39
  Speaker 9: whether it's the Labor state government doing it, or it's
• 24:42
  Speaker 9: activist bureaucrats in the Department of Resources, but make no mistake,
• 24:46
  Speaker 9: this should be being This should be front and center
• 24:49
  Speaker 9: in the election campaign and I'd like to see the
• 24:51
  Speaker 9: LNP stand up and be counted.
• 24:53
  Speaker 3: So far they haven't.
• 24:55
  Speaker 9: In the case of tiber the local mayor happens to
• 24:58
  Speaker 9: be Lawrence Springborg, the president of the l NP, and
• 25:03
  Speaker 9: he seems to have rolled over on this one, as
• 25:05
  Speaker 9: has the state member for that part of the world
• 25:08
  Speaker 9: as well. So I just I mean we could this
• 25:12
  Speaker 9: actually should be an investigation by Sky News itself. Steve,
• 25:16
  Speaker 9: you know, really this this this could this could be
• 25:19
  Speaker 9: an hour long program looking at what's going on because
• 25:22
  Speaker 9: it affects every part of Queensland.
• 25:27
  Speaker 1: So when that land is transferred in a freehold basis
• 25:30
  Speaker 1: to the local Indigenous corporation, can they then potentially down
• 25:35
  Speaker 1: the track either build on it or sell it or
• 25:38
  Speaker 1: change the way it's used.
• 25:41
  Speaker 3: It's theirs.
• 25:43
  Speaker 9: So in the case of Tbiir, the you've got a
• 25:45
  Speaker 9: reserve there which the local community have enjoyed for you know,
• 25:51
  Speaker 9: over one hundred years. They can camp on it, they've
• 25:54
  Speaker 9: gone fishing in the local creek. If this claim goes
• 25:58
  Speaker 9: through and the freehold occurs, suddenly they'll be excluded potentially
• 26:03
  Speaker 9: from there. Well, the Aboriginal Corporation will have the right
• 26:07
  Speaker 9: to exclude people.
• 26:08
  Speaker 3: It will be their freehold land. That's the thing.
• 26:11
  Speaker 9: So what's happening is native title and are granted if
• 26:16
  Speaker 9: you like, of non exclusive rights is being used by
• 26:19
  Speaker 9: the Department of Resources as an excuse, as a justification
• 26:23
  Speaker 9: then to formally consider a claim for freeholding.
• 26:28
  Speaker 3: And that's been happening under conditions of great secrecy.
• 26:31
  Speaker 9: In the case of Tabir, the local community weren't aware
• 26:34
  Speaker 9: of it until early this year and their local council
• 26:38
  Speaker 9: I just mentioned Springbog who's the mayor as well. They
• 26:41
  Speaker 9: claimed they weren't allowed to talk about it. So how
• 26:45
  Speaker 9: sinister is that. So it could happen in Metro Brisbane.
• 26:48
  Speaker 9: It can happen on the Sunshine case, big native title
• 26:52
  Speaker 9: case that was awarded in the courts in the last
• 26:55
  Speaker 9: two weeks. So again, Queensland is if you think it's
• 26:58
  Speaker 9: not coming to a local reserve near you or your
• 27:01
  Speaker 9: local fishing spot, think again.
• 27:06
  Speaker 1: Well, it probably applies in other parts of the country.
• 27:08
  Speaker 1: I think you quite right, Campbell. We do need to
• 27:10
  Speaker 1: do some more work on that. Listen, let's turn attention
• 27:13
  Speaker 1: to energy. The Energy Minister in Queensland, Mick de Brenne's
• 27:16
  Speaker 1: come back from his plan to leave to defend his
• 27:20
  Speaker 1: handling of the Clyde Power station explosion in twenty twenty one,
• 27:23
  Speaker 1: as we know that left five hundred thousand homes without power.
• 27:27
  Speaker 1: He was asked whether he had read the two maintenance
• 27:30
  Speaker 1: reviews that were done in nineteen and twenty two. He
• 27:32
  Speaker 1: said he wasn't aware they existed until the release of
• 27:35
  Speaker 1: the Brady Report Tuesday that exposed a cover up, it
• 27:39
  Speaker 1: would seem by the Queensland Government. Premier Miles now facing
• 27:42
  Speaker 1: growing calls to sack him, What do you know about this?
• 27:47
  Speaker 9: Well, look, it's just a complete can of worm, Steve,
• 27:50
  Speaker 9: and the finger pointing is just quite dramatic. It's here there.
• 27:55
  Speaker 9: It wasn't me. I didn't know they misled me. Well,
• 27:59
  Speaker 9: let's just be very there. He's the minister and the
• 28:02
  Speaker 9: Premier is the Premier. The minister this label government appointed
• 28:07
  Speaker 9: the board and the former chairman was Jim Soorlely, a
• 28:12
  Speaker 9: labor lord, mayor of Risbone, one of my predecessors, and
• 28:16
  Speaker 9: they also appointed the board. So in the last few
• 28:19
  Speaker 9: days he's been critical of Jim Soorlely and who's not
• 28:22
  Speaker 9: here to speak for himself. But you can't have it
• 28:24
  Speaker 9: both ways. You can't say you know, you can't have
• 28:28
  Speaker 9: appointed labor people to the board and then several years
• 28:32
  Speaker 9: later say well, oh they misled me. They didn't maintain
• 28:35
  Speaker 9: the power station properly and it blew up. And no,
• 28:39
  Speaker 9: we didn't take away too much money from them in
• 28:41
  Speaker 9: dividends and the like. But it's fascinating the Low Party
• 28:44
  Speaker 9: wanted to own these power stations.
• 28:47
  Speaker 3: My government was set to do essentially a.
• 28:50
  Speaker 9: Sale and leaseback arrangement as part of our program to
• 28:56
  Speaker 9: recycle assets. So it's interesting now the PS saying they
• 29:01
  Speaker 9: want to get full control of the Calai power station.
• 29:04
  Speaker 9: These are the people who again in my government, wanted
• 29:07
  Speaker 9: to divest these assets. And by the way, one final
• 29:10
  Speaker 9: point on this mate in Queensland, just reminding viewers, the
• 29:14
  Speaker 9: power stations and the main are owned by the government,
• 29:17
  Speaker 9: the transmission lines raigned by the government, and the poles
• 29:20
  Speaker 9: and wires and local streets raigned by the government. So
• 29:23
  Speaker 9: if you're concern about high power prices in Queensland, Queenslanders,
• 29:27
  Speaker 9: you're paying it.
• 29:28
  Speaker 3: To the state government.
• 29:30
  Speaker 9: That's who's making the money here on this one.
• 29:34
  Speaker 1: Great issues, both of them. Campbell Newman, I'll see you
• 29:36
  Speaker 1: next Friday night. Thanks as usual for helping us out.
• 29:39
  Speaker 1: Now there's expected to be more pain as we know
• 29:41
  Speaker 1: on the way. If you've got a mortgage, Inflation went
• 29:43
  Speaker 1: up during the week, the market sentiment has dialed up
• 29:46
  Speaker 1: a few notches. The possibility of our rate rise now
• 29:49
  Speaker 1: in August sadly, let's break this down with Judobank Chief
• 29:53
  Speaker 1: Economic Advisor, Warren Hogan. Warren, great to see you, again.
• 29:57
  Speaker 1: I mean you were talking earlier in the year about
• 30:00
  Speaker 1: you know, one, two or maybe three rises. Do you
• 30:02
  Speaker 1: somehow now feel a little vindicated that it looks like, sadly,
• 30:06
  Speaker 1: if you've got a mortgage, that one of those might
• 30:08
  Speaker 1: be right, it might be August.
• 30:11
  Speaker 4: Yeah, I mean it is looking that way, And well,
• 30:13
  Speaker 4: I'm not vindicated. I'm glad there's a few other economists
• 30:16
  Speaker 4: now calling for it, so I'm not sort of the
• 30:18
  Speaker 4: lone voice, so to speak. But the numbers we got
• 30:21
  Speaker 4: this week we're shocking. There's no two ways about it.
• 30:26
  Speaker 4: It is a monthly read and we don't want to
• 30:28
  Speaker 4: sort of analyze what that number is. But the thing is,
• 30:32
  Speaker 4: because we get monthly inflation now, US economists have got
• 30:35
  Speaker 4: lots more information than we used to on the quarterly picture.
• 30:39
  Speaker 4: And of course it's that quarterly inflation number for the
• 30:42
  Speaker 4: June quarter that we get at the end of July
• 30:44
  Speaker 4: that the governor has said is absolutely critical to their decision.
• 30:47
  Speaker 4: In August, we had a higher than expected result in
• 30:50
  Speaker 4: the March quarter. This now looks like it's going to
• 30:53
  Speaker 4: once again be a higher than expected result, and the
• 30:56
  Speaker 4: governor has said that's the sort of trigger for an
• 30:58
  Speaker 4: adjustment and interest rate. So it looks like that's where
• 31:01
  Speaker 4: we're headed. There is more data coming out in the
• 31:04
  Speaker 4: next month ahead of that meeting, because it is still
• 31:06
  Speaker 4: a month away. But yeah, it does look like we
• 31:11
  Speaker 4: are going to need a slightly higher CACHE rate to
• 31:13
  Speaker 4: keep I think, to keep us on the so called
• 31:15
  Speaker 4: narrow path that is getting rid of this inflation without
• 31:19
  Speaker 4: a recession.
• 31:22
  Speaker 1: Inflations have lived experience for all of us. I mean,
• 31:25
  Speaker 1: what is actually driving it? And we're having this useless
• 31:29
  Speaker 1: debate I think where we say, oh, well, the government
• 31:32
  Speaker 1: spending is driving it, and it's international reasons why it's
• 31:37
  Speaker 1: continuing to increase. If you had to put your finger
• 31:40
  Speaker 1: on one reason why we ended up with a four
• 31:42
  Speaker 1: percent figure last month, what was it, Well.
• 31:46
  Speaker 4: It's Once inflation's in your economy, it's very hard to
• 31:49
  Speaker 4: get rid of because just think of it this way, Steve.
• 31:53
  Speaker 4: One company has to put its prices up for some reason.
• 31:57
  Speaker 4: Then that company's higher price becomes another companies cost, and
• 32:01
  Speaker 4: then they have to put it up and the cycle
• 32:04
  Speaker 4: goes on. And of course it doesn't all happen instantly.
• 32:06
  Speaker 4: It happens over time, and history shows and I think
• 32:10
  Speaker 4: one of the reasons we're struggling with this issue is
• 32:13
  Speaker 4: that we haven't seen inflation like this for over thirty years,
• 32:17
  Speaker 4: and history shows that you underestimate inflation at your peril
• 32:22
  Speaker 4: as a government, as policymakers, as a central bank. And
• 32:26
  Speaker 4: we're getting that evidence coming through thick and thick and
• 32:29
  Speaker 4: fast that inflation is stuck in our economy above what
• 32:33
  Speaker 4: the RBA sees is what it wants at about two
• 32:37
  Speaker 4: and a half percent, and if we don't get on
• 32:40
  Speaker 4: top of it now, it's only going to get more
• 32:43
  Speaker 4: problematic into the future. And of course the disaster is
• 32:46
  Speaker 4: some stage in the next few years it starts to
• 32:49
  Speaker 4: pick up again and they have to jack orates up
• 32:50
  Speaker 4: to a point that puts us into a bad recession
• 32:53
  Speaker 4: like we saw in the early nineties. And none of
• 32:54
  Speaker 4: us want to go anywhere near that.
• 32:57
  Speaker 6: No.
• 32:58
  Speaker 1: I was there. I don't want to go back there,
• 32:59
  Speaker 1: thank you very much much. We see been getting mixed
• 33:01
  Speaker 1: messages from the government. I had the treasure of Jim
• 33:04
  Speaker 1: Chalmers out today speaking about you that we may have
• 33:09
  Speaker 1: he may have two budget surpluses in a row, and
• 33:13
  Speaker 1: that's to be celebrated. But at the same time, while
• 33:17
  Speaker 1: we're trying to get rid of inflation. You've got full
• 33:19
  Speaker 1: time award wage workers will next week get an extra
• 33:23
  Speaker 1: five dollars thirty an hour. I think it is the
• 33:25
  Speaker 1: average pay increase equivalent to about two hundred dollars a week.
• 33:29
  Speaker 1: We're going to see the Stage three tax cuts warrant
• 33:31
  Speaker 1: they'll start to filter through. Plus, you got this seventy
• 33:34
  Speaker 1: five dollars a quarter discount on power bills that you
• 33:37
  Speaker 1: know it won't go into people's pockets, but it will
• 33:38
  Speaker 1: come off their power bill. I mean, I mentioned at
• 33:41
  Speaker 1: the top of the show a major hospitality owner I
• 33:44
  Speaker 1: spoke to this week. He was running through some of
• 33:46
  Speaker 1: the cost increases that he has to deal with, wages,
• 33:49
  Speaker 1: payroll tax increases, land tax, insurance. That's before he even
• 33:53
  Speaker 1: turns on a stove or buys a piece of meat.
• 33:56
  Speaker 1: I mean, who are we listening to here? We listened
• 33:58
  Speaker 1: to Jim Charmers, and surely these increases that we're going
• 34:02
  Speaker 1: to see come July one are going to add to inflation.
• 34:07
  Speaker 4: Yeah, I mean, look, I think that's the right, and
• 34:10
  Speaker 4: I think there's a biggest story here on just the
• 34:12
  Speaker 4: size of government in this country. The government spending at
• 34:15
  Speaker 4: all levels of government is rising now is at a
• 34:17
  Speaker 4: record level. We've never seen anything like this before except
• 34:21
  Speaker 4: for a brief period in the pandemic, much higher than
• 34:24
  Speaker 4: the average level of government spending for the last forty
• 34:26
  Speaker 4: years when our economy prospered and did so well. And
• 34:29
  Speaker 4: of course right now, this big increase in government spending
• 34:33
  Speaker 4: plus the tax cuts, plus the cost of living measures
• 34:36
  Speaker 4: and some state governments thrown in just to add a
• 34:39
  Speaker 4: bit of extra spice to all of this is putting
• 34:42
  Speaker 4: demand into an economy that is at operating at its capacity.
• 34:47
  Speaker 4: And what that means, and this is why we're only
• 34:49
  Speaker 4: getting one percent GDP, is that you put demand into
• 34:52
  Speaker 4: an economy operating its capacity, it doesn't create anything more
• 34:56
  Speaker 4: other than inflation. You can't actually grow an economy that
• 35:00
  Speaker 4: is at its capacity anything but at a.
• 35:03
  Speaker 1: Very slow rate.
• 35:04
  Speaker 4: So this is the risk they faced. I think, when
• 35:06
  Speaker 4: to be fair to the federal government, when they were
• 35:07
  Speaker 4: shaping up this budget back earlier in the year, it
• 35:09
  Speaker 4: looked like we're on the right path and the economy
• 35:11
  Speaker 4: could have been quite weak this coming financial year, and
• 35:14
  Speaker 4: I think politically they wanted to be providing that support.
• 35:17
  Speaker 4: But the whole thing changed in February through May and
• 35:23
  Speaker 4: I think now it's looking like a very risky strategy
• 35:25
  Speaker 4: because this stimulus could actually result in multiple rate hikes,
• 35:29
  Speaker 4: not just one.
• 35:32
  Speaker 1: And you're throwing an election as well. Warren Hogan, always
• 35:35
  Speaker 1: great to catch up with you. Thank you very much
• 35:36
  Speaker 1: for your help tonight. Still to come on, Steep Riss
• 35:39
  Speaker 1: on this Friday Night reaction to Joe Biden's disastrous debate performance.
• 35:43
  Speaker 1: Everybody's saying, that's not just me as deeply panic Democrats
• 35:46
  Speaker 1: now consider pushing him out as their presidential nominee. Don't
• 35:50
  Speaker 1: go away, welcome back. Let's get back to the issue
• 35:56
  Speaker 1: of the dynatics. Of course, the US presidential debate, now
• 35:59
  Speaker 1: you have to Joe Biden had an absolute shocker. I
• 36:02
  Speaker 1: watched the whole thing from beginning to end live here
• 36:04
  Speaker 1: on Sky. At the end, when the assessments were taking place,
• 36:07
  Speaker 1: particularly on news outlets like CNN and Fox News in
• 36:11
  Speaker 1: the US, there was talk of panic among Democrats and
• 36:14
  Speaker 1: trying to parties, trying to figure out what do they
• 36:15
  Speaker 1: do now, I mean, can you really go ahead with
• 36:18
  Speaker 1: a president like that and push him into an election
• 36:20
  Speaker 1: in November. We talked earlier about some of the main
• 36:23
  Speaker 1: issues that were discussed that included immigration, illegal immigration, the
• 36:27
  Speaker 1: border problem, abortion, but they had to be as we
• 36:30
  Speaker 1: knew it was coming. Personal attacks in there as well.
• 36:33
  Speaker 1: Have a look at this.
• 36:35
  Speaker 2: The only person in the stage is a convicted fellow.
• 36:37
  Speaker 2: This man I'm looking at right now.
• 36:39
  Speaker 1: But he could be a convicted fellow.
• 36:40
  Speaker 7: And as soon as he gets out of office, Joll
• 36:42
  Speaker 7: could be a convicted fellow. With all of the things
• 36:44
  Speaker 7: that he's done. This man is a criminal. This man,
• 36:47
  Speaker 7: You're lucky. You're lucky. I did nothing wrong. We'd have
• 36:50
  Speaker 7: a system that was rigged and disgusting. I did nothing wrong.
• 36:54
  Speaker 2: The crime, so you are still charged with And think
• 36:56
  Speaker 2: of all the civil panels you have? How many billions
• 36:59
  Speaker 2: of dollars do you with civil pamilies for molesting a
• 37:02
  Speaker 2: woman of public, for doing a whole range of things,
• 37:06
  Speaker 2: of having sex with a porn star on the night
• 37:09
  Speaker 2: while your wife was pregnant.
• 37:11
  Speaker 1: What are you talking about?
• 37:14
  Speaker 2: You have the morals of an alley cat.
• 37:18
  Speaker 1: Really didn't think i'd ever hear a US president out
• 37:20
  Speaker 1: of the woods having sex with the porn stuff when
• 37:23
  Speaker 1: your wife was pregnant. Scan New's contributed Kosha Gatta joins
• 37:27
  Speaker 1: us she watches this lack of Hulk, What do you
• 37:30
  Speaker 1: make of it? I mean, everybody says it was a
• 37:32
  Speaker 1: shocka for bod and how bad.
• 37:35
  Speaker 6: I think the words and my phones and blowing up
• 37:38
  Speaker 6: today's Steve. The words that have been associated with the
• 37:40
  Speaker 6: Biden camp are things like cataclysmic, a calamity, an unmitigated disaster,
• 37:46
  Speaker 6: and also medical terms like dementia, Alzheimer's, sin essence. All
• 37:50
  Speaker 6: of this stuff that people have seen and have known
• 37:52
  Speaker 6: for a while. To just put it in a sharper
• 37:54
  Speaker 6: spotlight makes it just even more undeniable. And on the
• 37:58
  Speaker 6: flip side, for Trump, I think a lot of people
• 37:59
  Speaker 6: said he didn't take the bait that clip that you
• 38:02
  Speaker 6: played right there. People's minds are made up with respect
• 38:05
  Speaker 6: to Trump. There are people who believe all that stuff
• 38:07
  Speaker 6: and do not like him, and there's other people who
• 38:09
  Speaker 6: see it as rigged lawfare system as he spoke to
• 38:13
  Speaker 6: in the debate. None of those minds have been changed,
• 38:16
  Speaker 6: but in general, people feel like he didn't take the bait.
• 38:18
  Speaker 6: He came across as more statesmanlike and more measured and
• 38:20
  Speaker 6: controlled and didn't veer off into some of the things
• 38:23
  Speaker 6: that we typically have seen Trump do in the past.
• 38:25
  Speaker 6: But the story tonight is certainly Biden. And you know
• 38:28
  Speaker 6: what does this mean? Was it a setup for a
• 38:32
  Speaker 6: public intervention that certain factions of the Democrat machine have
• 38:35
  Speaker 6: been plotting along to change him out in the Chicago
• 38:38
  Speaker 6: convention in August? Or was it just not such an
• 38:42
  Speaker 6: orchestrated event but just something that we have seen sort
• 38:45
  Speaker 6: of a train wrecker and accident building in slow motion
• 38:48
  Speaker 6: and it sort of came to a head tonight.
• 38:52
  Speaker 1: Well, you might an excellent point, U Kusher, because this
• 38:54
  Speaker 1: is a debate the Democrats didn't have to have. It's
• 38:58
  Speaker 1: the earliest one in political history in the UA. Yes,
• 39:01
  Speaker 1: they were the ones that set the format, the MIC's
• 39:04
  Speaker 1: being muted and no audience, and they tried to They
• 39:07
  Speaker 1: thought that might play into Biden's hands, not into Trump's hands.
• 39:11
  Speaker 1: But you have to ask who the hell in the
• 39:13
  Speaker 1: Democrat Party thought that this was ever going to be
• 39:17
  Speaker 1: a good idea when we've seen the cognitive decline of
• 39:20
  Speaker 1: Joe Biden, particularly I think over the last two months
• 39:24
  Speaker 1: or so. I mean, we all remember, don't we those
• 39:26
  Speaker 1: pictures I think you and I showed them of Biden's
• 39:29
  Speaker 1: standing at the G seven. There was some demonstration of parachutists,
• 39:34
  Speaker 1: and he just wandered off into the distance and the
• 39:36
  Speaker 1: Italian Prime Minister had to go and get him. Why
• 39:38
  Speaker 1: would they put him out there?
• 39:41
  Speaker 6: So true, Georgia Maloney had to escort him back to
• 39:43
  Speaker 6: attention over there. You saw form President Obama had escort
• 39:47
  Speaker 6: him off to stage at an LA fundraiser recently. And
• 39:50
  Speaker 6: then Jill Biden actually after this event, went up on
• 39:52
  Speaker 6: stage after the debate and had to escort him down
• 39:54
  Speaker 6: the steps. You didn't see Millennia Trump or anybody else
• 39:57
  Speaker 6: have to do the same for Trump. So you're asking
• 39:59
  Speaker 6: a person question here, Steve, like why why Now? We've
• 40:02
  Speaker 6: seen this coming, we've known this, And there's two schools
• 40:05
  Speaker 6: of thought. One thought is that the Bidens and his
• 40:07
  Speaker 6: supporters within the US government felt, you know what, let's
• 40:11
  Speaker 6: just knock this on the head because rumors were swirling
• 40:13
  Speaker 6: about his cognitive decline. Let's put our hands up and say,
• 40:16
  Speaker 6: we're going to do a debate really early. As you mentioned,
• 40:19
  Speaker 6: it's never happened historically ever before this early in June.
• 40:22
  Speaker 6: It's usually September October. Let's do that so we can
• 40:24
  Speaker 6: knock these rumors on the head and put them to bed.
• 40:26
  Speaker 6: And there's another school of thought that says it really
• 40:29
  Speaker 6: is a setup, and there are other factions in the
• 40:31
  Speaker 6: Democrat Party who want to see him displaced and want
• 40:34
  Speaker 6: to bring somebody else in for whatever reason. He is
• 40:37
  Speaker 6: not relinquishing power. He's not, you know, voluntarily resigning or
• 40:40
  Speaker 6: stepping aside, and so they've got a stage some kind
• 40:43
  Speaker 6: of public intervention, and this was one step in that process.
• 40:46
  Speaker 6: This is all speculation on my part. I don't know,
• 40:48
  Speaker 6: but I find it very interesting that the media in
• 40:51
  Speaker 6: the US, that the mainstream media that would normally run
• 40:53
  Speaker 6: interference or cover for Biden, is really not and many
• 40:57
  Speaker 6: would say they're kind of sticking the knife in him
• 40:59
  Speaker 6: and turning it right now now. I found that quite fascinating,
• 41:01
  Speaker 6: and I wonder if that's just the second school of
• 41:04
  Speaker 6: thought is really what's play here, and we're going to
• 41:06
  Speaker 6: see a contested convention and some sort of machinesians in
• 41:09
  Speaker 6: August that are going to see him replaced with somebody else.
• 41:13
  Speaker 1: So much to play out. Koshigata, thank you very much
• 41:15
  Speaker 1: for making sense of it for us. Now. Coming up
• 41:18
  Speaker 1: after the break, new statistics reveal almost half of Australians
• 41:22
  Speaker 1: who went out and bought an electric vehicle, want to
• 41:24
  Speaker 1: switch back to petrol cars. I don't blame them. Plus
• 41:27
  Speaker 1: Melbourne falls in the global liverability rankings once again. My
• 41:31
  Speaker 1: panel will joined me straight after the break. Welcome back
• 41:37
  Speaker 1: on this Friday night. It's still plenty to get through
• 41:39
  Speaker 1: to join me now. Our panel, Amanda Roe's Small Business
• 41:42
  Speaker 1: Women of Australia CEO, she joins us each Friday night.
• 41:44
  Speaker 1: And Gary Hargrave, Sky News contributor. Welcome to you both.
• 41:48
  Speaker 1: I just wanted to get your reactions to the US
• 41:51
  Speaker 1: presidential debate. I'm sure all three of us have had
• 41:54
  Speaker 1: a look at it today. We've already gone through some
• 41:56
  Speaker 1: of the main polytical takeaways, but it was also quite
• 41:59
  Speaker 1: entertaining at the end. Is what happened when the inevitable
• 42:03
  Speaker 1: question of age popped up.
• 42:06
  Speaker 2: I spent half my career being criticized being the youngest
• 42:10
  Speaker 2: person in politics. I was the second youngest person ever
• 42:14
  Speaker 2: elected the United States Senate, and now I'm the oldest.
• 42:17
  Speaker 2: This guy's three years younger and a lot less competent.
• 42:19
  Speaker 8: What do you say to voters who have concerns about
• 42:22
  Speaker 8: your capabilities to serve well?
• 42:24
  Speaker 7: I took two tests, cognitive tests, I aised them, both
• 42:27
  Speaker 7: of them. As you know, we've made at public he
• 42:29
  Speaker 7: took none.
• 42:30
  Speaker 3: I'd like to see him take one, just one.
• 42:32
  Speaker 7: I just won two club championships, not even senior, two
• 42:35
  Speaker 7: regular club championships. To do that, you have to be
• 42:39
  Speaker 7: quite smart, and you have to be able to hit
• 42:41
  Speaker 7: the ball a long way.
• 42:42
  Speaker 1: And I do it. He doesn't do it.
• 42:43
  Speaker 2: I'm happy to play golf. If you carry your own bag.
• 42:46
  Speaker 1: I think you can do it, Amanda. I don't know
• 42:51
  Speaker 1: if you know much about golf. Joe there claims it.
• 42:54
  Speaker 1: At one point he had a handicap of six. Then
• 42:57
  Speaker 1: he said no, no, no, it was eight. My handicap is
• 43:00
  Speaker 1: over thirty. If Joe Biden never had a gold handicap
• 43:04
  Speaker 1: of eight, old gohe As a young person, did you
• 43:09
  Speaker 1: sit there and watch that and think to yourself, what
• 43:12
  Speaker 1: are these two old blokes think they're doing well?
• 43:15
  Speaker 10: Actually, the first thing that came to mind was his
• 43:18
  Speaker 10: wife and his daughter should be ashamed of themselves putting
• 43:22
  Speaker 10: him on stage to be publicly humiliated on a global scale.
• 43:28
  Speaker 6: I think it's disgusting.
• 43:29
  Speaker 10: I would never do that to my father. But I
• 43:31
  Speaker 10: also think the Democratic Party are up to something. You know,
• 43:34
  Speaker 10: I do believe that they're deliberately putting him front and
• 43:37
  Speaker 10: center so they can have a reason to replace him
• 43:41
  Speaker 10: further on down the track. And really it wasn't a
• 43:44
  Speaker 10: proper debate for the election because RFK wasn't there.
• 43:51
  Speaker 1: Gary, You and I are the two people on this
• 43:53
  Speaker 1: panel qualified to talk about age. I mean, I'm nearing seventy.
• 43:57
  Speaker 1: I don't know about you. You're about the same age.
• 44:00
  Speaker 1: We're a lot sharper than those two blokes.
• 44:04
  Speaker 11: Well let me till I'm sixty four. But apparently that's
• 44:06
  Speaker 11: closer to death than to the age eligible to be in
• 44:09
  Speaker 11: the Young Liberal Party. I read that in the paper
• 44:11
  Speaker 11: the other month.
• 44:12
  Speaker 1: How do you like that?
• 44:13
  Speaker 11: Look either way? Either way it's about competence. I don't
• 44:17
  Speaker 11: think it's about age. There's a lot of very young
• 44:19
  Speaker 11: eighty one year olds with a positive and capable mental attitude,
• 44:23
  Speaker 11: and there's a lot of people who are much older
• 44:25
  Speaker 11: at a younger age. Look, Biden is just all see
• 44:28
  Speaker 11: and he's adrift. And I agree with the matter rose
• 44:30
  Speaker 11: the idea that the family are showing just complete lack
• 44:34
  Speaker 11: of care for him. It really is weekend at Bernie's stuff.
• 44:39
  Speaker 11: This trying to keep the body alive when there is
• 44:42
  Speaker 11: no real life there. And it's very, very sad. And
• 44:45
  Speaker 11: the worrying part is the replacement for him is this dreadful,
• 44:49
  Speaker 11: crazy Kamala Harris woman. And you just know that America
• 44:54
  Speaker 11: is not in a good shape. Look, Donald Trump's not perfect.
• 44:56
  Speaker 11: But if it was a binary question between Joe and Donald,
• 45:00
  Speaker 11: got to vote for Donald, It's pretty simple in my mind.
• 45:04
  Speaker 1: Well, my mum turns ninety this year and she's a
• 45:07
  Speaker 1: lot smarter than Joe Biden. Let me tell you. Let's
• 45:09
  Speaker 1: talk about the economy Melbourne. I've written a column today
• 45:12
  Speaker 1: saying that Melbourne is decaying before our very eyes. I mean,
• 45:16
  Speaker 1: the small things are getting out of control. Graffiti, no
• 45:19
  Speaker 1: one paying for a ticket on a tram and it's
• 45:21
  Speaker 1: just outrageous. So the cost of running business is extraordinary.
• 45:26
  Speaker 1: The city today slipped from the third most to fourth
• 45:29
  Speaker 1: most Liverpool city in the world. That is a joke.
• 45:31
  Speaker 1: CBD is being strangled by graffiti. Amanda. I sat down
• 45:35
  Speaker 1: with a Melbourne hospitality guru this week who owns a
• 45:39
  Speaker 1: lot of restaurants. He ran through the costs that he's
• 45:43
  Speaker 1: got to have to come up with to run his business,
• 45:46
  Speaker 1: and he revealed to me that on a Sunday, on
• 45:48
  Speaker 1: a public holiday, his barista is being paid seventy two
• 45:52
  Speaker 1: dollars an hour. How can anyone survive doing that? Wow?
• 45:55
  Speaker 10: Well, that's right, and where's the hope for someone to
• 45:57
  Speaker 10: climb the rings to become an accountant? Who who actually
• 46:00
  Speaker 10: gets paid seventy dollars an hour? And people don't realize
• 46:03
  Speaker 10: a small business owner and the burdens they carry. But
• 46:05
  Speaker 10: they also don't realize that once that small business closes down,
• 46:09
  Speaker 10: all those jobs are gone. And if other people are
• 46:11
  Speaker 10: closing down, these people are unemployed. So you know the
• 46:15
  Speaker 10: ripple effect. And I don't think we're going to feel
• 46:17
  Speaker 10: it for at least another year, but it's going to
• 46:19
  Speaker 10: be devastating.
• 46:22
  Speaker 1: Gary, you're in Queensland. I can tell you what. The
• 46:24
  Speaker 1: Hume Highway and the mule is choked with cars with
• 46:28
  Speaker 1: Victorian number plates heading you away, my friend.
• 46:33
  Speaker 11: Yeah, this is the Pacific Motorway between Britain and the
• 46:35
  Speaker 11: Gold Coast, and the Victorians have arrived. We're trying to
• 46:38
  Speaker 11: show them around. They're walking down the Queen Street mall
• 46:41
  Speaker 11: in T shirts and shorts while we're freezing at nineteen
• 46:43
  Speaker 11: degrees so You're all welcome, come along, but please help
• 46:47
  Speaker 11: us change a really rotten state government. When you do
• 46:50
  Speaker 11: take out your hatred for Daniel Andrews on the Miles government,
• 46:53
  Speaker 11: I say, but.
• 46:57
  Speaker 1: It's all the cost is the added costs which Amanda
• 46:59
  Speaker 1: will know about, things like, you know, payroll tax, your
• 47:02
  Speaker 1: business insurance, all of those things that are unavoidable, you
• 47:05
  Speaker 1: have to pay for them. This bloke's gas bill for
• 47:08
  Speaker 1: a quarter was four hundred thousand dollars.
• 47:11
  Speaker 10: Yeah, and no one knows this, no one communicates this.
• 47:14
  Speaker 10: And when coffee goes up or prices go up, this
• 47:17
  Speaker 10: is why I say the businesses put a sign on
• 47:19
  Speaker 10: the shop. Let people know what the government is doing
• 47:22
  Speaker 10: to you and the reason why your prices have gone up.
• 47:26
  Speaker 1: Yeah, Gary haven't got an EV, I hope because thirty
• 47:28
  Speaker 1: seven thousand EV owners have said, wow, I bought one,
• 47:31
  Speaker 1: but I want to get rid of it now and
• 47:33
  Speaker 1: go back to petrol.
• 47:36
  Speaker 11: Yeah, it's a worldwide trend. To Steve, it's happening in
• 47:38
  Speaker 11: America the same as here. People have they've checked it out.
• 47:42
  Speaker 11: I call them ego vehicles. They've gone for the moment
• 47:46
  Speaker 11: that they think that their mates are going to give
• 47:48
  Speaker 11: them the thumbs up on and realize that frankly, they
• 47:50
  Speaker 11: don't have the resale anymore. The costs are replacing the
• 47:53
  Speaker 11: batteries and issue. Maybe the technology will get better, but seriously,
• 47:57
  Speaker 11: it is just this wanton, crazy group green international movement
• 48:01
  Speaker 11: that the federal and state governments have all signed up to,
• 48:05
  Speaker 11: and it's not helping anybody. It really is not, and
• 48:07
  Speaker 11: it's putting a lot of people out of work as
• 48:09
  Speaker 11: a result. I think people are going to vote with
• 48:12
  Speaker 11: their feet and their their wallet because they're going to
• 48:14
  Speaker 11: go for the thing that's going to last the longer
• 48:16
  Speaker 11: period of time. Pretty simple.
• 48:20
  Speaker 1: How good was it, Gary for the MCG to show
• 48:22
  Speaker 1: Queensland how to run a Rugby League state of origin game?
• 48:25
  Speaker 1: Ninety thousand people.
• 48:26
  Speaker 11: There, mate, Yeah, and queens that of course, Sat, that's
• 48:30
  Speaker 11: how you do it for the worst, going to build
• 48:32
  Speaker 11: in the first half of the first first half of
• 48:35
  Speaker 11: the football you know we're going to build a stadium.
• 48:38
  Speaker 1: Gary, You've got to build a You've got to build
• 48:40
  Speaker 1: a stadium, mate. They can old ninety thousand to catch
• 48:43
  Speaker 1: up with you both.
• 48:44
  Speaker 11: Samanda rom and Gary wat Money, thank.
• 48:48
  Speaker 1: You very much. Coming up next Primetime with Danika de
• 48:51
  Speaker 1: Giorgio