WEBVTT - Sharri | 4 December 0:00:01.480 --> 0:00:05.399 Live on Sky News. This is Sharry. 0:00:07.040 --> 0:00:09.800 Good Evening. Well, we've got just over a week left 0:00:09.880 --> 0:00:12.520 until the Christmas break of five more shows you don't 0:00:12.520 --> 0:00:15.920 want to miss any of them coming up tonight. Australia's 0:00:15.920 --> 0:00:20.560 household recession now the longest on record. This as our 0:00:20.560 --> 0:00:24.680 economy is the weakest since Paul Keating's recession. We had 0:00:24.720 --> 0:00:28.920 to have economists are seriously concerned, and one will join 0:00:29.000 --> 0:00:33.360 me here tonight. Plus, the world leading stockbroker lashes out 0:00:33.400 --> 0:00:38.120 at Chris Bowen, accusing him of incompetency on energy. Angus 0:00:38.159 --> 0:00:42.240 Aikin will be here live in studio for that exclusive interview. 0:00:42.960 --> 0:00:48.320 And Australia's worst foreign minister in history, Pennywong once again 0:00:48.600 --> 0:00:54.000 sides with terror regimes who don't recognize Israel's right to exist. Well, 0:00:54.080 --> 0:00:56.680 maybe she could take a trip to Gaza to see 0:00:56.680 --> 0:01:00.600 whether she feels safe living under her mus Michael would 0:01:00.640 --> 0:01:04.800 join me to fire up about this shortly, but first tonight. 0:01:05.440 --> 0:01:08.679 The real story of the economy right now that goes 0:01:08.680 --> 0:01:11.600 to the heart of the cost of living crisis is 0:01:11.640 --> 0:01:14.520 that we're in a household recession. This is now the 0:01:14.560 --> 0:01:18.440 case for the seventh consecutive quarter in a row. It's 0:01:18.480 --> 0:01:23.000 a record. It's measured by GDP per capita. Now there's 0:01:23.040 --> 0:01:26.720 a lot of spinning politics, but the data doesn't lie. 0:01:27.319 --> 0:01:32.200 Australia under the Albanezy government has also recorded its weakest 0:01:32.280 --> 0:01:37.199 annual growth since the nineties recession. Apart from the pandemic lockdowns, 0:01:37.800 --> 0:01:41.039 our economy grew by just zero point eight percent in 0:01:41.080 --> 0:01:44.840 the past year and just zero point three percent in 0:01:44.920 --> 0:01:49.000 the three months to September. It's only government spending and 0:01:49.120 --> 0:01:54.160 high migration that's stopping us from falling into recession. But 0:01:54.360 --> 0:01:57.000 at a household level, as I said, we're now in 0:01:57.000 --> 0:02:00.720 a recession for a record number of months. It's a 0:02:00.800 --> 0:02:04.840 record we don't want here in Australia. Peter Dutton and 0:02:04.880 --> 0:02:09.359 Angus Taylor today describe these GDP figures as a nightmare. 0:02:10.280 --> 0:02:13.720 These numbers are a nightmare, reflecting the nightmare Australians are 0:02:13.720 --> 0:02:17.359 facing in trying to make ends meet. Right now, this 0:02:17.440 --> 0:02:22.680 is the seventh consecutive quarter of GDP per capita going backwards. 0:02:23.200 --> 0:02:27.440 Seventh consecutive quarter of a household recession. We've never seen 0:02:27.480 --> 0:02:32.480 that before. We haven't seen it before. It is absolutely diabolical. 0:02:35.160 --> 0:02:36.640 At the end of the day, what we're seeing is 0:02:36.760 --> 0:02:40.480 household standards of living collapsing in front of our eyes. 0:02:40.720 --> 0:02:43.600 The government can sugarcoat all they want, but the fact is, 0:02:43.600 --> 0:02:46.280 as the Reserve Bank governor keeps pointing out, it's the 0:02:46.280 --> 0:02:50.040 government's reckless spending that drives up inflation and therefore keeps 0:02:50.200 --> 0:02:50.920 interest rates. 0:02:50.919 --> 0:02:51.600 High for longer. 0:02:53.120 --> 0:02:56.120 And as you know, as we've been speaking about Australia's 0:02:56.120 --> 0:02:58.640 living standards on our worse than the rest of the 0:02:58.680 --> 0:03:03.880 world because other countries are emerging from this inflation crisis. Now, 0:03:03.880 --> 0:03:06.920 the Prime Minister was asked about this on Sunday, and 0:03:07.080 --> 0:03:10.040 this is the moment alb and Easy tried to blame 0:03:10.160 --> 0:03:15.080 our living standards on global inflation before being shown just 0:03:15.160 --> 0:03:17.840 how we were worse off than every other country. 0:03:18.840 --> 0:03:19.320 But I want to. 0:03:19.280 --> 0:03:22.760 Show you this some OECD data on household disposable income. 0:03:22.800 --> 0:03:24.680 It goes back to pre COVID right, so you can 0:03:24.720 --> 0:03:28.560 see the rise there. But why has in Australia household 0:03:28.560 --> 0:03:31.440 disposable income continued to go down over the last couple 0:03:31.440 --> 0:03:31.760 of years. 0:03:31.880 --> 0:03:35.360 We understand that people are doing it tough. Global inflation 0:03:35.680 --> 0:03:40.520 has had an impact. Now, inflation peaked higher and earlier overseas, 0:03:40.600 --> 0:03:43.720 and it did here, but our focus has been on 0:03:44.080 --> 0:03:46.440 providing cost of living support. 0:03:46.720 --> 0:03:49.120 Sorry to interrupt, but I mean take a look at this. 0:03:49.240 --> 0:03:51.640 You talk about the global fact that other countries Canada, 0:03:51.680 --> 0:03:55.440 the OECD average, the US, they're doing better than Australia 0:03:55.440 --> 0:03:57.320 with disposable income. Why is that? 0:03:57.440 --> 0:03:59.200 Because, David, if you look at the middle of the 0:04:00.040 --> 0:04:04.000 graphor tells you the story, inflation peaked higher and earlier 0:04:04.160 --> 0:04:05.920 overseas than it did here. 0:04:07.320 --> 0:04:11.280 Yeah, global inflation. It's a convenient answer until he's shown 0:04:11.280 --> 0:04:15.160 that other countries are handling this better than us. And 0:04:15.200 --> 0:04:18.960 it's not just families hurting, but businesses too are struggling. 0:04:19.320 --> 0:04:24.039 As Liberal MPs Zoey Mackenzie said today. 0:04:23.000 --> 0:04:24.919 The country is in recession and you just need to 0:04:24.920 --> 0:04:27.720 ask the more than twenty thousand businesses that have gone 0:04:27.839 --> 0:04:30.839 out of business since this government was elected to know 0:04:30.920 --> 0:04:33.640 that everything is heading in the wrong direction. I can't 0:04:33.680 --> 0:04:37.000 see anyone taking any comfort in any of the figures, 0:04:37.040 --> 0:04:39.960 frankly coming out of this government's male administration of the economy. 0:04:41.120 --> 0:04:45.279 Well Treasurer Jim Charmers admitted that there were expectations the 0:04:45.360 --> 0:04:49.440 GDP figures today would start to show a turnarout and 0:04:49.480 --> 0:04:53.719 across the industry, there was a wide expectation the economy 0:04:53.760 --> 0:04:57.919 would start to show green shoots and grow again. Facing 0:04:57.920 --> 0:05:00.960 the press today, Charmers was realist stick about the data. 0:05:01.400 --> 0:05:03.920 He said the growth was weak and slow. 0:05:05.240 --> 0:05:07.880 It's weighed down by interest rates and cost of living 0:05:07.920 --> 0:05:12.880 pressures and global economic uncertainty as well. Now Australians would 0:05:12.920 --> 0:05:16.360 be much worse off and growth in our economy would 0:05:16.360 --> 0:05:20.800 be even weaker without our responsible and balanced approach to 0:05:21.000 --> 0:05:24.400 the budget and without our cost of living support. 0:05:26.160 --> 0:05:28.440 But he said there was an encouraging aspect of the 0:05:28.520 --> 0:05:32.320 data that wages are growing and they grew by zero 0:05:32.360 --> 0:05:36.040 point two percent in the quarter. And this is true 0:05:36.040 --> 0:05:38.520 that wages are our growing, not falling, even if it 0:05:38.600 --> 0:05:41.120 is by zero point two percent. But the problem is 0:05:41.120 --> 0:05:46.159 that wages growth is largely eroded by bracket creep. Economists 0:05:46.200 --> 0:05:49.520 are concerned about how much of the increase in government 0:05:49.600 --> 0:05:54.560 tax revenue is because of bracket creep. Middle Australia is 0:05:54.600 --> 0:05:59.719 paying more taxes while wages only grew zero point two percent, 0:06:00.360 --> 0:06:03.479 and at the same time, government spending hit a record 0:06:03.560 --> 0:06:07.320 high That means no government has ever spent more money 0:06:07.640 --> 0:06:11.400 than the Albanezy government at a time when economists and 0:06:11.440 --> 0:06:14.719 even the RBA has been begging the government to rain 0:06:14.880 --> 0:06:20.040 in spending to tame inflation. Well, the finn Reviews Economics 0:06:20.120 --> 0:06:23.880 editor John Keo says the national accounts are grim reading 0:06:23.960 --> 0:06:28.680 his words, and he says indisputably worse than expected. And 0:06:28.720 --> 0:06:32.400 he wrote today that the private sector is even teetering 0:06:32.440 --> 0:06:36.200 on recession. And he says that it's bloated government spending 0:06:36.600 --> 0:06:41.680 and immigration that's keeping the economy afloat, even though it's 0:06:41.720 --> 0:06:45.960 barely afloat. John Keo writes, no amount of lipstick on 0:06:46.040 --> 0:06:50.359 this pig can hide the economic stagnation. Government spending and 0:06:50.440 --> 0:06:53.840 immigration are not a sustainable way to expand a high 0:06:53.920 --> 0:06:59.480 productivity economy that lifts living standards and real incomes for Australians. 0:07:01.480 --> 0:07:05.520 But the reality is that without this government spending, the 0:07:05.560 --> 0:07:08.960 weakest annual growth since the nineties recession of zero point 0:07:09.040 --> 0:07:12.880 eight percent would have been much worse. In fact, if 0:07:12.920 --> 0:07:16.040 it wasn't for this government spending, we'd be in a recession. 0:07:16.840 --> 0:07:20.520 And economists are arguing that spending should be rained in. 0:07:21.280 --> 0:07:24.480 It's a point to a minister. Element Economist Chris Richardson 0:07:24.520 --> 0:07:27.360 made here on this show last night when he said 0:07:27.360 --> 0:07:30.400 the government could be doing more to bring down spending. 0:07:31.960 --> 0:07:36.440 The International Monetary Funds is, if governments want to help 0:07:36.520 --> 0:07:40.600 their central banks fight inflation, then governments need to cut 0:07:40.640 --> 0:07:42.280 spending and raise taxes. 0:07:42.840 --> 0:07:44.480 Or in other words, if inflation. 0:07:44.240 --> 0:07:47.480 Is a problem of too much money chasing too little stuff, 0:07:47.800 --> 0:07:51.760 governments can help by taking money out of the system instead. 0:07:52.560 --> 0:07:55.760 Most governments around the world, but particularly here in Australia, 0:07:55.800 --> 0:07:57.840 are doing the opposite. 0:07:58.920 --> 0:08:03.120 And there's now speck that because our economy is so weak, 0:08:03.480 --> 0:08:06.920 it could prompt the IBA to cut rates earlier than 0:08:06.960 --> 0:08:10.320 it would have. Now that's pure speculation and the IBA 0:08:10.400 --> 0:08:13.320 has given no indication that it plans to do that. 0:08:14.360 --> 0:08:17.880 But if it does do this because our economy is 0:08:17.920 --> 0:08:21.760 so weak, alban Easy of course will celebrate it and 0:08:21.800 --> 0:08:26.000 claim it's evidence of good economic management. He'll even use 0:08:26.000 --> 0:08:29.440 it to claim the cost of living crisis is over, 0:08:30.240 --> 0:08:35.040 when the reality is far from this. Many Australians are 0:08:35.080 --> 0:08:39.200 now facing a miserable Christmas, unable to afford to take 0:08:39.679 --> 0:08:43.120 even a local holiday and struggling to pay for Christmas 0:08:43.120 --> 0:08:47.280 presents for children. Their savings that they accumulated during the 0:08:47.320 --> 0:08:50.520 pandemic have been eaten up used to pay for bills 0:08:50.880 --> 0:08:55.280 and basic household expenses. And according to new polling today, 0:08:55.840 --> 0:09:00.880 one in three Australians have gone without medicine, food or 0:09:01.000 --> 0:09:05.800 education in order to just meet their rental payments or 0:09:05.840 --> 0:09:09.840 their mortgage over the past twelve months. This is a 0:09:09.880 --> 0:09:13.680 really sad state of affairs for our developed nation, going 0:09:13.720 --> 0:09:18.280 without food or medicine, and voters will hold this against 0:09:18.320 --> 0:09:21.520 the Prime Minister, as they should, because this is what 0:09:21.679 --> 0:09:22.480 he promised them. 0:09:23.559 --> 0:09:26.880 Labor has a plan for a better future, a plan 0:09:27.160 --> 0:09:29.520 not just for them but for their children as well, 0:09:29.559 --> 0:09:31.920 for families, taking the pressure. 0:09:31.520 --> 0:09:33.520 Off the cost of childcare, the cost. 0:09:33.280 --> 0:09:36.680 Of electricity, a plan to address cost of living, take 0:09:36.760 --> 0:09:41.880 pressure off cost of living, meaningful ongoing help with the 0:09:41.920 --> 0:09:43.520 cost of living for families. 0:09:44.880 --> 0:09:45.080 Yep. 0:09:45.160 --> 0:09:48.720 Alben Easy promise life would be more affordable, over and 0:09:48.920 --> 0:09:53.000 over again. And as families now scratch around to pay 0:09:53.040 --> 0:09:57.720 for Christmas decorations, there's only one person they'll blame. And 0:09:57.760 --> 0:10:01.040 when they remember that Albin Easy Thomas life would be 0:10:01.040 --> 0:10:05.440 better while also pledging a new era of integrity in politics, 0:10:06.040 --> 0:10:13.040 well they'll only be anger at the ballot box. Well, 0:10:13.040 --> 0:10:16.760 another big show tonight. As always, world leading stockbroker angers 0:10:16.800 --> 0:10:19.800 Aitkin will join me live in studio, his first ever 0:10:19.960 --> 0:10:22.800 TV interview, and he's going to rip into climate warrior 0:10:23.080 --> 0:10:26.760 Chris Bowen plus Warren Hogan, Daniel Malino and Keith Pitt 0:10:26.800 --> 0:10:29.720 all coming up. But now let's bring in former Victorian 0:10:29.760 --> 0:10:35.400 Liberal Party president Michael Kroger and labor powerbroker Graham Richardson. Welcome, gentlemen, 0:10:35.440 --> 0:10:37.880 to you both. Michael, I want to start by getting 0:10:37.960 --> 0:10:41.160 your response to the National account data out today in 0:10:41.200 --> 0:10:45.760 the news that we're now in a record household recession 0:10:45.960 --> 0:10:48.400 seven consecutive quarters in a row. 0:10:50.280 --> 0:10:51.359 Well, what it means. 0:10:51.120 --> 0:10:53.960 Is that the Australian public has been in a recession 0:10:54.000 --> 0:10:55.960 for one and three forty years, almost two years. But 0:10:55.960 --> 0:10:59.120 everyone knows that the lived experience of people is that 0:10:59.160 --> 0:11:01.400 they are doing it harder than they've ever done in 0:11:01.400 --> 0:11:03.959 their life. And this is off of the back of 0:11:04.640 --> 0:11:07.320 Albanisi winning the election on the basis of you know, 0:11:07.360 --> 0:11:09.880 these great sort of advertising lines there's a cost of 0:11:09.920 --> 0:11:13.000 living crisis, power bills will be reduced, blah blah blah. 0:11:13.280 --> 0:11:15.400 I mean this was all a fraud. He had no 0:11:15.480 --> 0:11:17.720 idea what he's doing. He's got a second rate treasure. 0:11:17.720 --> 0:11:19.760 Who has I've said for a long time. He's a commentator, 0:11:19.960 --> 0:11:22.840 He's not a treasure's bootlace. He wouldn't make the top 0:11:22.880 --> 0:11:25.240 twenty if any labor government of the last twenty or 0:11:25.280 --> 0:11:28.719 thirty years for old Jim. And basically the economy is 0:11:28.760 --> 0:11:31.120 running him. He's not running anything. And so these are 0:11:31.200 --> 0:11:38.480 disastrous accounts propped up by unsustainable massive government expenditure at 0:11:38.559 --> 0:11:41.079 federal and state level. And we know where this is 0:11:41.120 --> 0:11:45.000 all going. We've seen this movie before in Victoria in 0:11:45.080 --> 0:11:50.240 South Australia. It's disastrous state governments and this will probably 0:11:50.280 --> 0:11:52.959 end up being a labor government worse than that of 0:11:53.040 --> 0:11:56.840 Kevin Rudd. And that's saying something Sharry Rich. 0:11:57.160 --> 0:12:00.240 I mean, spin aside, these are the weakest figures since 0:12:00.240 --> 0:12:03.960 Paul Keating's recession. If you put lockdowns to one side. 0:12:04.320 --> 0:12:07.720 You know, the government's argument is that without the government 0:12:07.800 --> 0:12:10.839 spending we would be in a recession right now. But 0:12:11.320 --> 0:12:15.120 families feel like they're in a recession because of the data, 0:12:15.160 --> 0:12:16.319 the GDP per capita. 0:12:17.240 --> 0:12:21.400 Yeahs are times are definitely tough and the economy is 0:12:21.440 --> 0:12:24.560 not doing everything that Jim Chalmers tells that it should do. 0:12:25.120 --> 0:12:29.360 And I think that is pretty obvious to the ordinary 0:12:29.400 --> 0:12:32.440 person in the street who usually doesn't care much about 0:12:33.040 --> 0:12:36.439 economics or politics, but people are filling the pinch at 0:12:36.440 --> 0:12:41.480 the moment and times are tough. If that doesn't turn 0:12:41.520 --> 0:12:45.959 around in a reasonably short time, then the government may 0:12:46.000 --> 0:12:47.960 pay a very big price at the ballot box. 0:12:49.280 --> 0:12:51.840 Indeed, because this is going to be the biggest issue. 0:12:51.840 --> 0:12:53.960 And if we see blackouts over some and I'm going 0:12:54.000 --> 0:12:56.600 to speak about that with anger skid in a moment. Well, 0:12:56.679 --> 0:12:58.679 let's move into the world. Let's move on to the 0:12:58.720 --> 0:13:02.400 worst foreign minister in Australia's history, Pennywog. I have to 0:13:02.440 --> 0:13:04.600 tell you, it just feels like Groundhog Date. It feels 0:13:04.600 --> 0:13:07.720 like every week I have to talk about the latest 0:13:07.760 --> 0:13:11.560 shocking thing Pennywog has done. And now this disgraceful move 0:13:11.600 --> 0:13:16.720 Australia changing our position to support more UN resolutions against Israel. 0:13:17.240 --> 0:13:20.160 And this one, the first one demands and I'm going 0:13:20.200 --> 0:13:23.320 to quote from this here, that Israel bring to an 0:13:23.440 --> 0:13:28.120 end its unlawful presence in the occupied Palestinian territory as 0:13:28.320 --> 0:13:32.120 rapidly as possible. No demand in this resolution for the 0:13:32.240 --> 0:13:35.520 terrorists that run Gaza to recognize Israel. No demand in 0:13:35.559 --> 0:13:38.880 this resolution for the terrorists to return the hostages. God 0:13:38.960 --> 0:13:42.200 forbid anyone at the UN should care about the hostages. 0:13:42.559 --> 0:13:45.840 Michael Kroger, what is wrong with Penny Wog in this government? 0:13:47.480 --> 0:13:49.760 Well, the hard left extreme, It's that's what they are, 0:13:49.840 --> 0:13:53.800 Albanizi Wong. These people are of the hard labor left. 0:13:53.840 --> 0:13:56.160 This is the Bill Hartley fection from the nineteen seventies. 0:13:56.200 --> 0:13:58.319 This is not the Hawk faction. This is a debate 0:13:58.360 --> 0:14:00.840 which goes back fifty years in Lebavarty history, which Graham 0:14:00.880 --> 0:14:03.600 knows better than me. But Bill Hartley was a hard 0:14:03.720 --> 0:14:06.240 left pro Palestinian activist here in the labor movement in 0:14:06.320 --> 0:14:09.000 the seventies and this is his faction which have finally 0:14:09.000 --> 0:14:11.720 wrestled control of the federal Parliamentary Labour Party. 0:14:11.720 --> 0:14:12.760 I mean, Israel has. 0:14:12.640 --> 0:14:15.640 Tried to give back the disputed territories on any number 0:14:15.640 --> 0:14:18.040 of occasions since nine forty eight. They tried to give 0:14:18.040 --> 0:14:20.760 the Goal on Heights back to Syria, but they don't 0:14:20.760 --> 0:14:24.080 seem to want them. And we have a UN passing 0:14:24.160 --> 0:14:27.320 these ridiculous resolutions. It's time, Shari, for the UN to 0:14:27.400 --> 0:14:30.000 sit down and tell the world, for Penny Long to 0:14:30.040 --> 0:14:33.120 tell the world what type of Palestinian state are we 0:14:33.200 --> 0:14:33.760 looking at. 0:14:33.960 --> 0:14:34.800 What we know is this. 0:14:35.120 --> 0:14:37.880 It's not going to be a democracy, right because Hamas 0:14:37.880 --> 0:14:40.520 and Fata don't have elections. They're not going to be 0:14:40.560 --> 0:14:43.560 freedom of the press in a Palestinian state. There's not 0:14:43.600 --> 0:14:45.720 going to be freedom of religion unless you're a Sunni. 0:14:46.120 --> 0:14:49.840 They won't recognize Israel's right to exist. There's no freedom 0:14:49.880 --> 0:14:53.560 of religion, there's no rights for gays, there's hatred of 0:14:53.560 --> 0:14:56.480 the Americans, there's death to America and death to the West. 0:14:57.160 --> 0:14:59.960 That's the type of Palestinian state we are looking at. 0:15:00.600 --> 0:15:02.760 If the UN would sit down and tell the truth 0:15:02.800 --> 0:15:05.280 about you know, but what we have of these sort 0:15:05.320 --> 0:15:09.400 of resolutions in theory without any practice. I mean, a 0:15:09.440 --> 0:15:12.040 Palestinian state on the base of everything I've said, is 0:15:12.080 --> 0:15:15.600 going to be like in Iranian theocracy, all I run 0:15:15.640 --> 0:15:18.760 by the Sunni rather than the Shia. That's what people 0:15:18.760 --> 0:15:22.560 are looking for. You know this, If this comes to pass, 0:15:22.600 --> 0:15:23.440 that's what's going to happen. 0:15:23.440 --> 0:15:26.840 If this comes to pass, perfectly put Michael Kroger, that 0:15:26.960 --> 0:15:29.640 is just so well said, and Richo he's right. I mean, 0:15:30.000 --> 0:15:34.240 what exactly is the Rushia for Pennywong to recognize at 0:15:34.320 --> 0:15:38.640 least one Palestinian territory run by a terror regime. 0:15:39.880 --> 0:15:42.520 Yeah, I wonder I don't have an answer for that. 0:15:43.480 --> 0:15:46.680 I wish I did. And I agree with pretty well 0:15:46.680 --> 0:15:50.880 everything that Michael just said. I think Australia has dropped 0:15:50.880 --> 0:15:55.160 the ball on Israel in the Middle East and the 0:15:55.200 --> 0:15:59.760 Palestinian territories. I think we're handling it pretty poorly. And 0:16:00.360 --> 0:16:02.520 I think at some stage of their game, we've just 0:16:02.520 --> 0:16:06.560 got to stand up and admit who our ntes are, 0:16:07.000 --> 0:16:09.440 who've got to be looked after, and who are the 0:16:09.480 --> 0:16:12.600 people who would rather kill us than look after us. 0:16:13.000 --> 0:16:15.840 And that's what really annoys me about this exactly. 0:16:15.880 --> 0:16:18.920 I completely agree with you. There's this total confusion under 0:16:18.920 --> 0:16:22.080 the Albenzi government about who our allies are and who 0:16:22.080 --> 0:16:24.400 our enemies are. And this is because you have two 0:16:24.800 --> 0:16:28.280 far left figures in Albanesi and Pennywog running the show. 0:16:28.640 --> 0:16:31.560 It's just so frustrating, it really is. 0:16:32.160 --> 0:16:32.240 Now. 0:16:32.280 --> 0:16:33.800 I want to turn to us posty and. 0:16:33.720 --> 0:16:36.520 By the way, Scharry, Yeah, before that, Arry, you know, 0:16:36.560 --> 0:16:40.920 we keep reading about the Palistinian authority being reconstructed. Well, 0:16:40.960 --> 0:16:43.440 as Michael Danby says that they're now about to be 0:16:43.440 --> 0:16:46.240 twenty years into their four year term, they've had twenty 0:16:46.320 --> 0:16:51.200 years to rebuild, reconstruct, reorganize whatever. What's Mamudebus waiting for. 0:16:51.840 --> 0:16:55.400 There's no reconstruction of the Palestinian authority. They're all corrupt 0:16:55.800 --> 0:17:00.160 anti Jewish, antie Israel regime that you know that that 0:17:01.200 --> 0:17:06.240 grew out of the PLO. He's had decades to rebuilding, 0:17:06.320 --> 0:17:09.720 to reorganize himself and not be corrupt. What's he waiting for? 0:17:10.200 --> 0:17:13.879 So the notion that there's going to be some pure American, Australian, 0:17:13.920 --> 0:17:18.679 British style democracy is an utter absurdity. But the U 0:17:18.680 --> 0:17:20.959 and should be honest and tell people this is what 0:17:21.000 --> 0:17:23.399 a Palestinian state will look like. It will look like 0:17:23.440 --> 0:17:27.400 in Uranian theocracy. That's what you're voting for. Penny one, 0:17:27.760 --> 0:17:28.320 well done. 0:17:28.400 --> 0:17:30.960 But also a look where Donald Trump is right now. 0:17:31.000 --> 0:17:33.800 He's demanding the release of the hostages. And look where 0:17:33.920 --> 0:17:38.160 UN is trying to reward the terrorists who took those hostages. 0:17:38.440 --> 0:17:41.040 It's insanity. And why isn't the UN also have an 0:17:41.080 --> 0:17:44.760 investigation into how the billions of dollars in aid from 0:17:44.840 --> 0:17:48.600 the international community have been spent. Have they gone towards 0:17:48.600 --> 0:17:52.320 the underground tunnel network, have they gone towards weapons? And 0:17:52.359 --> 0:17:55.000 why haven't they gone towards civilian infrastructure? You know, that 0:17:55.119 --> 0:17:57.320 is an investigation they should be running. Of course, they're 0:17:57.359 --> 0:17:59.919 not going to do that. Okay, let's turn to you 0:18:00.240 --> 0:18:02.960 politics now, because I'm sure we could talk about this 0:18:02.960 --> 0:18:06.040 all night. There are now reports that Donald Trump might 0:18:06.080 --> 0:18:09.280 put run De Santis in as Defense Secretary instead of 0:18:09.320 --> 0:18:12.640 Pete Hegseth. There've been allegations, and I've got to say 0:18:12.680 --> 0:18:17.280 this is according to a far left leaning media organization 0:18:17.400 --> 0:18:21.000 that hates Fox News. The allegations are that heg Seth 0:18:21.800 --> 0:18:25.200 drank alcohol before he went on air. The report claims 0:18:25.240 --> 0:18:28.760 that Fox News colleagues smelled alcohol on his breath and 0:18:29.359 --> 0:18:32.080 that they heard him talking about being hungover. I don't 0:18:32.080 --> 0:18:35.080 know what journalist hasn't been hungover at work, But there 0:18:35.119 --> 0:18:39.560 you go, rich O. Look again, keeping in mind this 0:18:39.600 --> 0:18:42.840 is from a rival outlet to Fox News. The reports, though, 0:18:43.000 --> 0:18:46.600 are credible that Trump is looking at putting Runda Santa's 0:18:46.640 --> 0:18:49.320 in instead. Do you think this would be a good 0:18:49.359 --> 0:18:51.040 move for the President elect? 0:18:52.240 --> 0:18:56.240 Well, I don't think it would necessarily hurt him. I mean, 0:18:57.240 --> 0:19:00.159 obviously I don't know these people, neither to you. We 0:19:00.200 --> 0:19:03.720 don't know the truth of these allegations. The trouble with 0:19:03.800 --> 0:19:06.640 these allegations is that once they hang around for a while, 0:19:06.680 --> 0:19:09.440 they get a light for their own and they become 0:19:09.520 --> 0:19:13.440 accepted fact. And I think that's very sad, especially if 0:19:13.440 --> 0:19:18.520 you're the person involved. But one thing is absolute certain, 0:19:19.119 --> 0:19:21.680 and that is that Trump we'll find a way around it. 0:19:21.800 --> 0:19:22.680 He always does. 0:19:23.520 --> 0:19:23.680 Well. 0:19:23.720 --> 0:19:26.040 He has already had to give up Matt Gates, so 0:19:26.119 --> 0:19:30.080 this could be the second candidate, Michael Kroger or his 0:19:30.119 --> 0:19:32.760 second pick that he has to cast aside. 0:19:34.600 --> 0:19:36.920 So he's got to cast this bloke aside? What because 0:19:36.960 --> 0:19:40.960 he drinks? Hmm, Well, he would be the only politician 0:19:41.000 --> 0:19:43.040 in the world, in the Western world who's had a 0:19:43.080 --> 0:19:45.879 few drinks before out or a half to work. So 0:19:46.080 --> 0:19:47.879 that's the basis on which he's going to get rid 0:19:47.920 --> 0:19:51.359 of him. Goodness me that we know and left. I 0:19:51.359 --> 0:19:54.240 think this guy do a good job. You know, he's 0:19:54.680 --> 0:19:59.479 a former veteran, he's not tainted by the past. But 0:19:59.600 --> 0:20:01.800 in any case, if Trump does MOVI him and puts 0:20:01.880 --> 0:20:03.919 Desantas in, I don't think Trump will worried too much 0:20:03.960 --> 0:20:07.280 about that. I mean, he's had defeats before, and you 0:20:07.320 --> 0:20:09.640 know he's got to crash through or crash style, and 0:20:10.000 --> 0:20:11.560 this will be part of the crash, but a weird 0:20:11.560 --> 0:20:13.600 minor one, So I don't think I'll worry him too 0:20:13.680 --> 0:20:15.880 much either way, but really getting rid of someone because 0:20:15.920 --> 0:20:17.600 he's been drinking seriously. 0:20:19.040 --> 0:20:23.359 There have been other allegations, of course, as well, relating to, 0:20:23.920 --> 0:20:27.000 you know, sexual assault that Heseth has denied. 0:20:27.600 --> 0:20:27.760 Rich. 0:20:28.000 --> 0:20:30.359 I can't have you on the show without asking you 0:20:30.440 --> 0:20:34.879 about this rift between Alban Easy and Tanya Plebisac. Just 0:20:35.000 --> 0:20:35.920 how bad is it? 0:20:37.000 --> 0:20:37.119 Oh? 0:20:37.200 --> 0:20:38.760 I don't think there's any rift. 0:20:38.720 --> 0:20:40.560 Cabline, No, I don't. 0:20:40.560 --> 0:20:45.159 I actually really don't. They're both friends of mine, and 0:20:45.200 --> 0:20:47.600 if there's a rift between them, then I'm going to 0:20:47.640 --> 0:20:51.199 say I've missed it. They can argue, they can disagree. 0:20:51.280 --> 0:20:54.000 People do that, but it doesn't mean there's a split. 0:20:54.720 --> 0:20:57.600 Well, come on, what about how he treated her this week? Though? 0:20:57.680 --> 0:21:02.120 He gasolt Hurt is a new term, a modern term, 0:21:02.520 --> 0:21:04.359 which means that you know she went and did a 0:21:04.400 --> 0:21:06.480 deal with the Greens. He pretended one had it been 0:21:06.520 --> 0:21:07.760 done when it had. 0:21:09.200 --> 0:21:12.040 Yeah, I think this week's been shell We say a 0:21:12.040 --> 0:21:16.480 little sloppy, but that happens sometimes in politics. Not every 0:21:16.480 --> 0:21:17.639 week could be a good one. 0:21:18.240 --> 0:21:21.160 Do you think if something happens to Hero, she would 0:21:21.240 --> 0:21:24.840 be the next leader. She would be a leadership candidate. 0:21:26.119 --> 0:21:29.399 I doubt it. I think she'd make a very good leader. 0:21:29.440 --> 0:21:32.520 But she doesn't have carcus battalions behind her. 0:21:33.680 --> 0:21:35.080 Chalmers or Tony Burke. 0:21:35.600 --> 0:21:38.160 No, yeah, you haven't. If you haven't got the battalions, 0:21:38.200 --> 0:21:39.520 you can't be in the race. 0:21:39.600 --> 0:21:42.280 So who does Who would have the numbers? If something 0:21:42.320 --> 0:21:43.240 happened to Albert. 0:21:43.040 --> 0:21:49.200 I think there would be a pretty close run between 0:21:49.280 --> 0:21:54.920 the Charmers, Miles and Burke. I mean, it'd be very 0:21:54.920 --> 0:21:58.800 hard to pick a winner. I'm not sure I'd be 0:21:58.840 --> 0:22:01.760 prepared to put money on the table at this stage. 0:22:02.359 --> 0:22:05.359 Well, let's see if it comes to that over the 0:22:05.400 --> 0:22:08.240 next few months. Going to be fun watching this unfold. 0:22:08.600 --> 0:22:10.920 Graham Richards and Michael Kroeger thank you both so much, 0:22:11.000 --> 0:22:11.920 as always for your time. 0:22:12.359 --> 0:22:13.159 Thanks you, Chary. 0:22:14.160 --> 0:22:17.840 Now. In recent weeks, Australians have been told to delay 0:22:17.960 --> 0:22:21.560 dishwasher use and stop using too much electricity after three 0:22:21.560 --> 0:22:26.199 o'clock in the afternoon or risk blackouts. This is ludicrous 0:22:26.400 --> 0:22:30.000 for twenty first century Australia to have to ration electricity 0:22:30.000 --> 0:22:33.240 and it's only a summer is just beginning now of course, 0:22:33.280 --> 0:22:36.320 this is a self inflicted crisis. We're an energy rich nation, 0:22:36.840 --> 0:22:40.320 but we're exporting gas while struggling for our own supply 0:22:40.680 --> 0:22:44.600 across the country. Well, a world leading stockbroker has bravely 0:22:44.640 --> 0:22:48.680 gone public to strongly criticize the energy and climate change 0:22:48.680 --> 0:22:52.000 minister Chris Bowen. And I'm joined now by the man himself, 0:22:52.040 --> 0:22:56.199 prominent and well respected stockbroker Angus Aiken. Angus, great to 0:22:56.240 --> 0:22:58.440