WEBVTT - Paul Murray Live | 30 July 0:00:00.480 --> 0:00:05.440 From the Skying Center. This is Paul Murray Live. 0:00:06.880 --> 0:00:08.680 Thank you, Sharry. We look forward to seeing you again 0:00:08.760 --> 0:00:11.560 same time tomorrow night. Now, by this time tomorrow night, 0:00:11.560 --> 0:00:13.600 we're gonna know whether we're about to get another the. 0:00:13.600 --> 0:00:16.400 Interest rateive Lise, this is so close where. 0:00:16.239 --> 0:00:19.160 We know the Reserve Bank basically needs to be talked 0:00:19.200 --> 0:00:21.799 out of it because last month they were going to 0:00:21.840 --> 0:00:24.120 do it. We'll tell you the information that'll go into 0:00:24.160 --> 0:00:26.560 the machine and see what happens by this time tomorrow. 0:00:27.080 --> 0:00:29.320 Like everyone else who's watching the games every now and then, 0:00:29.760 --> 0:00:32.159 why aren't they handing out flowers instead they're handing out 0:00:32.200 --> 0:00:32.520 a box? 0:00:32.560 --> 0:00:33.280 What's in the box? 0:00:34.120 --> 0:00:36.040 Nigel Farag back on the show. The only place you'll 0:00:36.040 --> 0:00:38.239 see him and Assi Telly he is in the UK Parliament, 0:00:38.280 --> 0:00:40.440 but he'll be back here on Paul Murray Live tonight 0:00:40.880 --> 0:00:42.680 and whatever the hell this is? 0:00:47.720 --> 0:00:51.080 Okaylly, hellway. 0:00:52.479 --> 0:00:52.839 Okay. 0:00:53.520 --> 0:00:56.480 In the meantime, though, there is a spectacular reason to 0:00:56.520 --> 0:00:59.880 go outside if you're in the southern parts of the country. 0:01:00.160 --> 0:01:01.640 Well, the phenomenon which. 0:01:01.480 --> 0:01:05.000 Was around in May, which is Aurora Estrallas, which just 0:01:05.080 --> 0:01:09.160 produced some of the most spectacular scenery in the skies. Well, 0:01:09.880 --> 0:01:13.240 it's had another run another version of it. These were 0:01:13.240 --> 0:01:15.319 some photos from the very south of the country that 0:01:15.440 --> 0:01:19.240 came in yesterday, and experts are telling us that there 0:01:19.280 --> 0:01:20.959 is another chance to do it and to have a 0:01:21.000 --> 0:01:22.039 look at it tonight. 0:01:22.840 --> 0:01:25.319 Apparently the best places, of course Surprise, Surprise. 0:01:25.080 --> 0:01:29.040 Tasmania and maybe up even into some parts of Victoria. 0:01:29.800 --> 0:01:32.000 But what are we talking about here and why? Is 0:01:32.040 --> 0:01:34.680 this phenomena one that's worthy of Instagram for everyone. If 0:01:34.720 --> 0:01:35.280 you can get a. 0:01:35.200 --> 0:01:40.559 Photo, Victorians can treat themselves to another spectacular aurora this evening, 0:01:40.760 --> 0:01:43.400 just two months after a massive view of magnetic storm 0:01:43.480 --> 0:01:46.399 lit up the sky across the state. Experts are predicting. 0:01:46.000 --> 0:01:47.120 Another one tonight. 0:01:47.240 --> 0:01:48.960 It's a treat for those who missed out on the 0:01:49.040 --> 0:01:52.280 last one, But meteorologists say this one won't quite be 0:01:52.440 --> 0:01:55.800 as big. Auroras are caused by particles in the atmosphere colliding, 0:01:55.840 --> 0:01:57.120 the different colors. 0:01:56.760 --> 0:01:58.320 Depending on the types of atoms. 0:01:58.400 --> 0:02:02.240 They're typically seen at the poles, requiring major environmental phenomena 0:02:02.320 --> 0:02:06.440 like geomagnetic storms to bring them as far north as Australia. 0:02:06.480 --> 0:02:07.120 I knew all that. 0:02:07.520 --> 0:02:09.519 I like started the show with pretty pictures. Now let's 0:02:09.560 --> 0:02:12.280 get to some ugly news. That is around today. Cost 0:02:12.280 --> 0:02:13.840 of living number one issue in the country when it 0:02:13.840 --> 0:02:16.200 comes to politics, but more importantly, the number one issue 0:02:16.400 --> 0:02:19.480 for households. No matter what type of household. 0:02:19.040 --> 0:02:19.480 That you're in. 0:02:19.520 --> 0:02:21.800 If you live by yourself, a few live with the 0:02:21.840 --> 0:02:24.040 same person you have for decades, if you just moved 0:02:24.040 --> 0:02:24.680 in with somebody. 0:02:24.680 --> 0:02:25.239 You get the point. 0:02:25.280 --> 0:02:27.960 Kids, no kids, grandkids, All of it matters. All of 0:02:27.960 --> 0:02:29.160 it is costing so much money. 0:02:29.160 --> 0:02:29.280 Now. 0:02:29.280 --> 0:02:33.520 The Reserve Bank, well, it has one indication indicator about 0:02:33.520 --> 0:02:35.480 whether it does or doesn't raise interest rates, and that 0:02:35.560 --> 0:02:40.200 is inflation between two and three percent. Tomorrow we get 0:02:40.200 --> 0:02:42.080 the final bit of data that we have been building 0:02:42.080 --> 0:02:44.480 to for the past couple of months, and it will 0:02:44.480 --> 0:02:46.360 be the inflation data that will tell us whether we 0:02:46.400 --> 0:02:49.919 are getting closer to two to three percent or we 0:02:49.960 --> 0:02:53.120 are getting further away from two to three percent. Now, 0:02:53.120 --> 0:02:56.600 to give you an idea of how they work out, 0:02:56.960 --> 0:02:59.679 which things in the economy that are costing more or 0:03:00.120 --> 0:03:02.440 slightly less put into a thing. 0:03:02.360 --> 0:03:04.079 Called the basket of goods. 0:03:04.440 --> 0:03:06.200 Now, these can be all sorts of things, from the 0:03:06.200 --> 0:03:08.400 things that you buy at the shops to what you 0:03:08.520 --> 0:03:10.359 do when it comes to filling. 0:03:10.040 --> 0:03:11.680 Your car or filling your belly. 0:03:12.440 --> 0:03:13.560 But let's just go back to a sort of a 0:03:13.600 --> 0:03:15.880 bit of a high school economics lesson here for everyone, 0:03:16.120 --> 0:03:18.600 what do they put into the quote unquote basket of 0:03:18.680 --> 0:03:22.480 goods to decide whether inflation is going up or down? 0:03:22.639 --> 0:03:24.040 Now there's a whole bunch of them, but the key 0:03:24.080 --> 0:03:28.120 ones are alcohol and tobacco. Now, apart from the basic 0:03:28.160 --> 0:03:30.360 cost of this, remember, tax is a big part of 0:03:30.360 --> 0:03:32.840 this as well. So inevitably when taxes go up, as 0:03:32.880 --> 0:03:34.760 does the inflation number. 0:03:35.120 --> 0:03:37.000 Well, petrol, how often do we talk about that? 0:03:37.080 --> 0:03:40.000 And again, barely under two dollars no matter where you 0:03:40.000 --> 0:03:42.960 happen to go in the country, bread and cereal products, 0:03:43.160 --> 0:03:47.400 what we wear, the power to power our homes, and 0:03:47.440 --> 0:03:50.400 we know that that keeps going up every time we 0:03:50.480 --> 0:03:53.160 get a new update from people, because the system has 0:03:53.200 --> 0:03:55.320 not fully transitioned, and the cost of transitioning is of 0:03:55.320 --> 0:03:59.120 course billions billions of dollars. Also, the rest of the 0:03:59.120 --> 0:04:02.400 stuff that you buy from asus market, including non alcoholic beverages, 0:04:02.480 --> 0:04:06.120 those are part of what the Reserve Bank looks at 0:04:06.160 --> 0:04:08.480 each and every month to decide whether or not the 0:04:08.520 --> 0:04:12.360 economy needs to be slowed because of inflation. Of course, 0:04:12.520 --> 0:04:15.200 per capita recession we're in right now, so effectively Australians 0:04:15.200 --> 0:04:16.040 are in recession. 0:04:16.520 --> 0:04:17.520 But the lagging. 0:04:17.200 --> 0:04:20.279 Indicator here of inflation still remains too high. They only 0:04:20.279 --> 0:04:21.760 have one option. You put them up where you put 0:04:21.800 --> 0:04:26.880 them down. Furnishing's household equipment and services again, clothing, housing, 0:04:27.240 --> 0:04:29.599 and an area that does not get enough attention, and 0:04:29.640 --> 0:04:31.440 that is the increase in insurance. 0:04:32.520 --> 0:04:35.240 Now your car, boat, home, all the rest of it. 0:04:35.839 --> 0:04:38.240 All of those insurance premiums keep going up now for 0:04:38.279 --> 0:04:40.720 a whole collection of different reasons. But nobody's insurance is 0:04:40.760 --> 0:04:43.159 worth less or they're sending you a bill that's less 0:04:43.200 --> 0:04:45.560 than this time last year. So that, along with a 0:04:45.600 --> 0:04:48.640 whole collection of other things what they double check compared 0:04:48.680 --> 0:04:53.240 to this time last year. Also month on month, the 0:04:53.279 --> 0:04:56.040 picture has been building were remember you've got to be 0:04:56.040 --> 0:04:59.480 between two and three percent, and the Reserve Bank will 0:04:59.520 --> 0:05:02.920 keep interest rates until the inflation number gets down between 0:05:02.960 --> 0:05:04.239 two and three percent. 0:05:04.279 --> 0:05:06.360 Will bugger what the consequences are now? 0:05:06.360 --> 0:05:08.400 Of course the government would be desperately hoping that there 0:05:08.480 --> 0:05:11.719 is no change. It helps their political fortunes, but the 0:05:11.760 --> 0:05:14.760 reality of where we are heading is that inflation, as 0:05:14.760 --> 0:05:17.919 you can see last quarter was three point four percent 0:05:18.160 --> 0:05:20.600 and then went up to three point six percent in 0:05:20.640 --> 0:05:23.320 the first of the three months that are counted. It 0:05:23.360 --> 0:05:27.640 then hit four percent in June. So the number has 0:05:27.680 --> 0:05:30.719 to be kind of mid three point five or even 0:05:30.800 --> 0:05:33.720 lower for the number to end up kind of near 0:05:33.760 --> 0:05:36.480 where January was. But remember the numbers that they had 0:05:36.480 --> 0:05:39.159 in and around January is what fed into their decisions. 0:05:39.640 --> 0:05:43.039 Where we were told openly by the Reserve Bank that 0:05:43.080 --> 0:05:45.839 at their last meeting they had no conversation about dropping 0:05:45.839 --> 0:05:47.960 them and there was kind of a fifty to fifty 0:05:47.960 --> 0:05:51.400 conversation about holding which is what they did or increasing. 0:05:52.120 --> 0:05:54.840 Now this has serious consequences because for anyone who was 0:05:54.839 --> 0:05:56.720 trying to pay off a home or pay off an 0:05:56.720 --> 0:06:00.560 investment property that somebody is renting in these are very 0:06:00.600 --> 0:06:03.560 serious times. No matter where I go in the country, 0:06:03.600 --> 0:06:05.159 be it for our town or just out and about 0:06:05.200 --> 0:06:07.800 in normal life, this is the number one concern. So 0:06:07.839 --> 0:06:09.960 what's the expectations of those who know the numbers way 0:06:09.960 --> 0:06:13.440 better than me. Fation has not only stopped falling, and 0:06:13.480 --> 0:06:16.160 as a round four, it might even be picking up 0:06:16.200 --> 0:06:19.280 this year, and of course if that's the case, then 0:06:19.320 --> 0:06:21.280 we are in a world of trouble. But why does 0:06:21.320 --> 0:06:26.000 this become a central political issue, because remember Jim Chalmers 0:06:26.040 --> 0:06:29.360 told us that his budget that spent billions of dollars 0:06:29.400 --> 0:06:31.520 on tax cuts, which, of course, in terms of the 0:06:31.560 --> 0:06:35.760 reality of how they were accepted by Australians was too little, 0:06:35.920 --> 0:06:39.080 too late. Remember there was a cost living crisis last 0:06:39.160 --> 0:06:41.120 year and they pulled fifteen hundred dollars away from you 0:06:41.160 --> 0:06:43.640 as an automatic tax return. And then they think fourteen 0:06:43.640 --> 0:06:46.039 dollars a week for people on the lowest part of 0:06:46.040 --> 0:06:48.360 the income scar would be enough to change the world. 0:06:48.600 --> 0:06:52.080 Of course it is not. And they told us that 0:06:52.120 --> 0:06:56.080 the budget would in fact fight inflation. But if inflation 0:06:56.200 --> 0:06:59.240 has continued to go up since the budget, and if 0:06:59.240 --> 0:07:03.039 this overall month by month picture is reflected in the 0:07:03.120 --> 0:07:07.159 quarterly picture, which is the three most recent months bunched together, well, 0:07:07.160 --> 0:07:09.760 then the Reserve Bank, who seem to be so close 0:07:09.880 --> 0:07:13.160 last time to increasing interest rates, would most likely interest 0:07:13.440 --> 0:07:16.840 will most likely increase them. If that's the case, political 0:07:17.080 --> 0:07:20.560 disaster for the Labor Party, so they are trying to 0:07:20.720 --> 0:07:22.720 will nothing to be. 0:07:24.320 --> 0:07:28.120 Inflation in this country has moderated substantially from its peaks 0:07:28.160 --> 0:07:33.400 in twenty twenty two. We expect inflation in tomorrow's CPI 0:07:33.560 --> 0:07:37.600 numbers to be more persistent than we would like. We've 0:07:37.640 --> 0:07:42.280 said that earlier in the week. Inflation has come off substantially, 0:07:42.320 --> 0:07:44.640 but we need it to moderate further and faster. We're 0:07:44.640 --> 0:07:49.239 confident that it will moderate further, but in the numbers tomorrow, 0:07:49.280 --> 0:07:52.280 we're expecting inflation to be pretty persistent. 0:07:53.120 --> 0:07:55.280 The numb one issue in the US presidential election is, 0:07:55.320 --> 0:07:58.960 among other things, inflation. Their inflation rate is lower than ours. 0:07:59.200 --> 0:08:00.920 It'll be one of the big reasons why there may 0:08:01.000 --> 0:08:03.720 well be a change of government in November, regardless of 0:08:03.720 --> 0:08:06.160 who the Democrats have as their candidate. One of the 0:08:06.200 --> 0:08:07.880 major reasons why there's a change of government in the 0:08:08.000 --> 0:08:10.720 UK again was the cost of living and inflation. Their 0:08:10.800 --> 0:08:13.720 rate of inflation is lower than it is here in Australia. 0:08:13.800 --> 0:08:17.920 Appoint the Liberal Party, while not wanting bad economic results, 0:08:18.040 --> 0:08:21.080 knows they would be a political beneficiary should there be 0:08:21.200 --> 0:08:22.320 an interest rate rise. 0:08:22.400 --> 0:08:23.600 That's just the reality. 0:08:24.840 --> 0:08:28.440 Bring inflation under control by using their fiscal reins, bring 0:08:28.600 --> 0:08:32.640 those energy prices back down, make sure that they're spending 0:08:32.720 --> 0:08:35.280 is under control. Sending the right signals to the market 0:08:35.360 --> 0:08:38.120 so that the RBA doesn't have to keep raising interest rates. 0:08:39.720 --> 0:08:41.199 As you know, this is a TV show that doesn't 0:08:41.200 --> 0:08:43.800 just send the weather man to regional Australia. We go 0:08:43.960 --> 0:08:45.480 each and every month when it comes to our town 0:08:45.520 --> 0:08:47.880 thanks to our very good friends at Harvey Norman, so 0:08:47.960 --> 0:08:50.199 we are acutely aware of what it is like to 0:08:50.240 --> 0:08:52.640 travel around the country, not just what the concerns are 0:08:52.880 --> 0:08:54.240 outside of the major cities. 0:08:54.640 --> 0:08:55.760 And without doubt, one of. 0:08:55.760 --> 0:08:58.360 The biggest concerns for people who live outside of the 0:08:58.400 --> 0:09:01.280 major cities is how it is to be able to 0:09:01.400 --> 0:09:06.000 fly from regional centers back to major capital cities. Now, 0:09:06.080 --> 0:09:08.240 the reality of why you would have to do that 0:09:08.520 --> 0:09:11.480 is pretty obvious. There are more cancer experts in the 0:09:11.480 --> 0:09:14.360 capital cities, there are more health experts. There are a 0:09:14.400 --> 0:09:17.760 whole collection of people like engineers or lawyers or you 0:09:17.880 --> 0:09:20.160 name it, who might be the people who you need 0:09:20.200 --> 0:09:21.800 to interact with, who aren't going to company you, so 0:09:21.880 --> 0:09:24.120 you have to go to them, Which is why the 0:09:24.160 --> 0:09:28.880 potential problems for Rex Airlines is a huge issue right now. 0:09:29.360 --> 0:09:31.280 I was listening to Robie Catter, the great MP from 0:09:31.480 --> 0:09:33.960 North Queensland based in and around Mount Eyes, on the 0:09:34.000 --> 0:09:38.040 radio today and he is frightened if REX does somehow 0:09:38.160 --> 0:09:41.240 collapse or ends up cutting back on its services. The 0:09:41.320 --> 0:09:44.520 number of places that it will be servicing, of course, 0:09:44.640 --> 0:09:48.840 starts to fall off the map, and other airlines don't service. 0:09:48.559 --> 0:09:49.360 Some of these areas. 0:09:49.400 --> 0:09:51.560 So if we have a look at the service map 0:09:51.840 --> 0:09:54.640 that REX has got up on its website right now, 0:09:54.760 --> 0:09:57.800 you can see that the red and the orange is 0:09:57.840 --> 0:10:00.520 the stuff that is exclusively paid for by Red. The 0:10:00.559 --> 0:10:03.120 rest of these little areas or they are subsidized in 0:10:03.160 --> 0:10:06.000 part by the state or federal government. But reality is, 0:10:06.400 --> 0:10:08.880 you want to get from Brucebane to Mount iSER, most 0:10:08.920 --> 0:10:10.560 likely REX is going to be part of the picture. 0:10:10.760 --> 0:10:12.640 If you want to make your way again from parts 0:10:12.679 --> 0:10:15.240 of Tasmania to Melbourne or maybe even over to Perth, 0:10:15.480 --> 0:10:18.840 REX is part of the picture. So it's scary today 0:10:18.880 --> 0:10:20.920 when REX decided that it was going to halt its 0:10:20.920 --> 0:10:25.080 seven thirty seven flight booking systems. Now they will still 0:10:25.120 --> 0:10:28.199 be up in the air I understand from tomorrow, so 0:10:28.240 --> 0:10:30.880 if you've got a ticket, they will be honoring the ticket. 0:10:30.920 --> 0:10:33.199 I'll double check that information, but that's the latest that 0:10:33.240 --> 0:10:36.000 I had before we went to air. But the consequences 0:10:36.040 --> 0:10:39.640 of Australia's third biggest airline, which has helped push down 0:10:39.640 --> 0:10:42.880 some of the prices between the major capitals. 0:10:43.360 --> 0:10:45.000 Of course, all of that is the side. 0:10:44.800 --> 0:10:47.360 Business to the real business, which is flying people around 0:10:47.440 --> 0:10:49.640 the more remote parts of our country. And it's a 0:10:49.640 --> 0:10:52.280 bloody big joint and it is a forever walk. So 0:10:52.440 --> 0:10:55.760 people need to be able to fly. They also need 0:10:55.800 --> 0:10:57.320 to be able to fly at a reasonable price. 0:10:59.080 --> 0:11:01.200 The reason for the Tree rating hold is that they're 0:11:01.240 --> 0:11:05.880 awaiting a report from EY, which has been running a 0:11:05.960 --> 0:11:10.080 rule over their books. They expect that report will provide 0:11:10.120 --> 0:11:14.400 information on whether they can restructure the business so it 0:11:14.880 --> 0:11:18.760 can continue, or whether administrators need to be appointed. So 0:11:19.280 --> 0:11:23.640 it's a pretty grim situation for Rex unfortunately, which is 0:11:23.760 --> 0:11:27.640 really the last thing Australia's aviation industry needs at this point. 0:11:28.120 --> 0:11:30.080 Now, again the airline, I'll obviously get in touch with you, 0:11:30.120 --> 0:11:31.360 but I understand if you've got a flight in the 0:11:31.360 --> 0:11:33.199 morning will of course be on it, as it will 0:11:33.200 --> 0:11:35.840 be tomorrow or the next couple of days. But again, 0:11:35.960 --> 0:11:38.559 driving home the point about why this airline is important, 0:11:38.960 --> 0:11:42.360 and frankly, air travel outside of the major centers is 0:11:42.400 --> 0:11:45.080 a bit like getting a bus or being able to drive. 0:11:45.440 --> 0:11:49.160 It is just a necessary mode of transport. Now, I 0:11:49.160 --> 0:11:51.760 love man e isab but obviously you can drive there, 0:11:51.800 --> 0:11:53.480 but it's a bloody long way, so you have to 0:11:53.480 --> 0:11:55.760 be able to fly. And if you don't fly directly 0:11:55.840 --> 0:11:58.600 into Bruceban, you're able to get yourself to places like towns, 0:11:58.679 --> 0:12:01.079 will Cans or other places to connect yourself back up 0:12:01.280 --> 0:12:03.679 with the rest of the country. Now, these people are 0:12:03.720 --> 0:12:07.840 our fellow Australians, citizens, taxpayers. They work in communities that 0:12:07.920 --> 0:12:11.920 often produce the agriculture or mining that the Satan federal 0:12:11.920 --> 0:12:14.240 government take for granted to be able to pay for everything. 0:12:14.320 --> 0:12:16.280 So the people who work in those minds, work on 0:12:16.320 --> 0:12:19.000 those farms and live in those communities should be given 0:12:19.040 --> 0:12:22.360 the same access to transport as anyone living in any 0:12:22.400 --> 0:12:25.400 major city. It's certainly a point that Bridget McKenzie makes 0:12:25.559 --> 0:12:26.840 as a regional MP. 0:12:28.360 --> 0:12:31.240 This isn't just about getting people to and from their 0:12:31.240 --> 0:12:36.040 holidays in the regions. It's a critical economic service provider 0:12:36.480 --> 0:12:40.439 and a health provider into our communities and the government 0:12:41.000 --> 0:12:45.440 needs to guarantee, no matter what decision the Board of 0:12:45.720 --> 0:12:50.920 REX makes over the coming period, that these services won't 0:12:50.960 --> 0:12:52.400 disappear out of our community. 0:12:53.440 --> 0:12:53.920 That's the key. 0:12:53.920 --> 0:12:56.640 It's one thing for it to financially continue to find 0:12:56.679 --> 0:12:58.840 a new way. It's another thing for it to continue 0:12:58.840 --> 0:13:02.240 to be servicing the areas that its services. Now again 0:13:02.280 --> 0:13:05.119 it's part of our town. We often use all different airlines, 0:13:05.120 --> 0:13:07.719 but any time I've experienced a flight on REX in 0:13:07.760 --> 0:13:11.079 a regional airline, the staff are fantastic. The captain will 0:13:11.120 --> 0:13:13.520 literally say hello and goodbye to you, maybe even hand 0:13:13.600 --> 0:13:15.680 you the bag. Let alone the people that are assisting 0:13:15.760 --> 0:13:18.800 him on the flight, but clearly the employees they deserve 0:13:19.120 --> 0:13:22.560 to remain in employment and the communities that they service 0:13:22.640 --> 0:13:24.400 deserve to be connected to the rest of the country. 0:13:24.559 --> 0:13:26.360 For its part, the federal government says, well, OK. 0:13:27.160 --> 0:13:29.720 We don't want to see this thing fold, but of 0:13:29.760 --> 0:13:34.000 course that means more taxpayer money. As a taxpayer, no 0:13:34.080 --> 0:13:37.680 different than yourself, I have no problem if some government 0:13:37.679 --> 0:13:40.000 money goes to awards making sure that people can be 0:13:40.000 --> 0:13:41.160 connected to the rest of the country. 0:13:41.280 --> 0:13:42.240 Is a Transport minister. 0:13:43.400 --> 0:13:45.679 We're in touch obviously with REX and we expect them 0:13:45.679 --> 0:13:48.400 to inform both HAVE six and then its customers tomorrow 0:13:48.440 --> 0:13:52.160 about what is actually happening. Regional Australians still rely on REX. 0:13:52.200 --> 0:13:55.120 It's an incredibly important airline. In many cases it's the 0:13:55.240 --> 0:13:59.240 only airline are going into a range of smaller country 0:13:59.280 --> 0:14:02.200 towns heavily reliant on it. Some of our King Island, 0:14:02.200 --> 0:14:05.440 for example, heavily reliant on it as well. So we 0:14:05.520 --> 0:14:08.319 are treating this very seriously and keep being very vigilant 0:14:08.320 --> 0:14:09.640 about what is actually happening. 0:14:10.600 --> 0:14:11.920 You know, I try to give you the data, we 0:14:11.960 --> 0:14:14.199 put the opinion on top of it. Well, the latest 0:14:14.240 --> 0:14:17.679 data is yet again humbling for the federal government. Now, 0:14:17.720 --> 0:14:20.480 if you watch some political commentary or read it, you 0:14:20.480 --> 0:14:23.080 would think that the Abenezy government had one hundred seats 0:14:23.120 --> 0:14:25.640 in the Parliament of one hundred and fifty one, that 0:14:25.680 --> 0:14:28.560 they would have such a massive backbench that whatever the 0:14:28.600 --> 0:14:30.960 result is of the upcoming election, it doesn't matter. Absolute 0:14:31.000 --> 0:14:33.800 guarantee that they will remain in majority government. Well, of 0:14:33.800 --> 0:14:38.240 course they don't, and most likely they won't. Yet another poll, 0:14:38.280 --> 0:14:41.080 this time coming from the Turmbul Times otherwise known as 0:14:41.120 --> 0:14:43.360 the Guardian. It shows here that the Greens are on 0:14:43.400 --> 0:14:46.320 eleven percent, lab on thirty two percent. Put them together, 0:14:46.640 --> 0:14:48.280 well you can see that that's how they end up 0:14:48.280 --> 0:14:51.360 staying in power at forty three percent, the Liberal National 0:14:51.400 --> 0:14:53.720 Party at thirty four percent, and other can be anything 0:14:53.760 --> 0:14:59.000 from the United Australia Party One Nation or the Teals. Interestingly, 0:14:59.080 --> 0:15:01.320 in this though, when they get into two party preferred, 0:15:01.360 --> 0:15:03.680 which there you can see is forty seven to forty six, 0:15:03.960 --> 0:15:07.640 there is a number of undecideds. This is interesting if 0:15:07.640 --> 0:15:10.000 you think about the federal election and all the conversation 0:15:10.320 --> 0:15:12.760 that happens all the time. If I told you just 0:15:12.960 --> 0:15:16.520 six percent, six percent was still up for grabs and 0:15:16.560 --> 0:15:19.440 an actual fact, an extreme majority of people have no 0:15:19.480 --> 0:15:21.840 plan to change their vote apart from what you are 0:15:21.840 --> 0:15:24.320 starting to see here, but you can start to see 0:15:24.480 --> 0:15:26.680 that when things like interest rates go up or there 0:15:26.720 --> 0:15:29.280 is two little too late tax cuts, that when they fail, 0:15:29.600 --> 0:15:31.760 they are an indication of what may potentially be happening 0:15:31.760 --> 0:15:34.240 at the next election. Will there be a change of 0:15:34.280 --> 0:15:37.000 government most likely, not until we get the evidence about 0:15:37.000 --> 0:15:38.960 what's happening when it comes to the Teals. But will 0:15:38.960 --> 0:15:41.000 there be a minority government? Most likely? 0:15:41.200 --> 0:15:41.440 Yes. 0:15:42.120 --> 0:15:44.240 Now I've shown you before about just how deep into 0:15:44.280 --> 0:15:46.600 minority the Labour Party can go before we start getting 0:15:46.600 --> 0:15:49.200 into the really kooky members of the cross bench, like 0:15:49.440 --> 0:15:51.920 some of the leftier Teals all the way through to 0:15:52.160 --> 0:15:55.640 the Greens, and they are now into that territory. Whether safer, 0:15:55.760 --> 0:15:58.440 more logical sets of hands. Well, they start passing the 0:15:58.480 --> 0:16:01.360 ball and we're now down, according to Newspoll between seven 0:16:01.400 --> 0:16:03.680 and eight seats being lost by the government. That puts 0:16:03.720 --> 0:16:06.800 them down to seventy two. They would need, of course, 0:16:06.800 --> 0:16:08.400 a whole lot more to get to seventy six than 0:16:08.400 --> 0:16:10.280 you throw in a speaker at seventy seven, and the 0:16:10.320 --> 0:16:13.720 whole thing becomes pretty damn precarious. But of course this 0:16:13.800 --> 0:16:16.240 prime minister and his minister's one of the many reasons 0:16:16.240 --> 0:16:18.280 for the reshuffle. And by the way, those who like 0:16:18.320 --> 0:16:20.400 to tell you nothing to see here, they just moved 0:16:20.520 --> 0:16:23.120 awesome people into other awesome positions. 0:16:23.240 --> 0:16:24.240 Could somebody please tell me. 0:16:24.200 --> 0:16:25.800 Why did all of this happen under the cover of 0:16:25.800 --> 0:16:28.760 the Olympics when the Prime minister knew the extreme majority 0:16:28.760 --> 0:16:30.800 of the country, including the what six percent who are 0:16:30.800 --> 0:16:34.040 probably paying an attention to something else, wouldn't notice because of 0:16:34.040 --> 0:16:35.920 course they're trying to hide their mistakes. But over and 0:16:36.000 --> 0:16:38.320 over again, the Labour Party of the left of politics 0:16:38.360 --> 0:16:40.560 likes to tell you that they are the ones who 0:16:40.560 --> 0:16:41.720 are the worker's friend. 0:16:42.080 --> 0:16:43.400 You often hear it echoed in the. 0:16:43.360 --> 0:16:48.320 Media, workers, working class, workers, workers, But. 0:16:48.400 --> 0:16:51.560 Let's actually have a look at a rather scary number, 0:16:51.720 --> 0:16:53.560 not just for the Prime Minister but also for the 0:16:53.560 --> 0:16:58.640 opposition leader about people's perceptions about the major political parties. 0:16:58.680 --> 0:17:03.160 And it comes to the working conditions or the best 0:17:03.280 --> 0:17:05.840 party that is best to take care of workers again, 0:17:06.000 --> 0:17:10.600 essential poll Turnabul Times now the Improving the Rights of workers. Yes, 0:17:10.760 --> 0:17:13.919 Labor defeats the Liberal Party, but guess who defeats that 0:17:15.720 --> 0:17:20.200 neither supporting higher wages and better working conditions. 0:17:20.200 --> 0:17:20.720 Well, guess what. 0:17:20.720 --> 0:17:23.840 Beats the Labor Party or the Liberal Party neither or 0:17:24.000 --> 0:17:27.920 unsure ensuring that the economy operates fairly for everyone. Again, 0:17:28.119 --> 0:17:30.600 the middle of the road wins and ensuring unions are 0:17:30.640 --> 0:17:36.840 operating ethically remains even, meaning that either there's an opportunity 0:17:36.880 --> 0:17:39.200 for the Liberal Party to grow here, the Labor Party 0:17:39.200 --> 0:17:42.080 to consolidate here, or someone to be able to drive 0:17:42.119 --> 0:17:45.040 a stake right down the middle. And if you think 0:17:45.040 --> 0:17:47.560 that the Labor Party is more likely to pull back 0:17:47.600 --> 0:17:50.840 workers because well it's the traditional workers party, we'll have 0:17:50.880 --> 0:17:53.879 a look at again, same poles, same organization, turnbul Times. 0:17:53.920 --> 0:17:56.479 The Guardian, the essential organization yet again tells us more 0:17:56.520 --> 0:17:58.520 than half of the country believes we are headed in 0:17:58.560 --> 0:18:03.359 the wrong direct In fact, that's up fifteen points since 0:18:03.359 --> 0:18:06.440 February of last year. The number of people who think 0:18:06.440 --> 0:18:08.400 the countryes had in the right direction, which was already 0:18:08.440 --> 0:18:12.960 a minority, is now down to thirty two percent. Again 0:18:13.000 --> 0:18:15.000 a reminder of those who talk about politics for a living, 0:18:15.040 --> 0:18:16.600 who don't seem to think there's anything wrong with the 0:18:16.600 --> 0:18:18.600 government or think somehow they will upset the government by 0:18:18.600 --> 0:18:21.080 pointing out anything that's wrong with the government. Therefore, just 0:18:21.160 --> 0:18:25.600 repeat their lines that everything is awesome, everything's okay, they're 0:18:26.760 --> 0:18:30.119 nothing to do with anything, and of course it's just 0:18:30.520 --> 0:18:33.399 moving genius from one office to another in terms of 0:18:33.400 --> 0:18:35.800 a cabinet reshuffle, or failures when it comes to the 0:18:35.840 --> 0:18:38.439 budget or all of somebody else's making, or when all 0:18:38.480 --> 0:18:42.520 else fails, memory wipe as if it's men in black well, 0:18:42.520 --> 0:18:44.359 they'd like to tell you that Anthony Abernezi is of 0:18:44.359 --> 0:18:46.800 course the solution to the problems, and he's a little 0:18:46.800 --> 0:18:50.200 warning to the Prime Minister. Now like all politicians, he thinks, 0:18:50.320 --> 0:18:52.520 just throw more of me at the problem and suddenly 0:18:52.520 --> 0:18:54.679 everyone will turn around because he has the special connection 0:18:54.720 --> 0:18:58.960 to Australians. Right wrong again. Turmbul Time's Essential poll, forty 0:18:58.960 --> 0:19:02.200