Speaker 1: Live on Sky News. This is Sharry.
Speaker 2: Good Evening. Well, we've got just over a week left
Speaker 2: until the Christmas break of five more shows you don't
Speaker 2: want to miss any of them coming up tonight. Australia's
Speaker 2: household recession now the longest on record. This as our
Speaker 2: economy is the weakest since Paul Keating's recession. We had
Speaker 2: to have economists are seriously concerned, and one will join
Speaker 2: me here tonight. Plus, the world leading stockbroker lashes out
Speaker 2: at Chris Bowen, accusing him of incompetency on energy. Angus
Speaker 2: Aikin will be here live in studio for that exclusive interview.
Speaker 2: And Australia's worst foreign minister in history, Pennywong once again
Speaker 2: sides with terror regimes who don't recognize Israel's right to exist. Well,
Speaker 2: maybe she could take a trip to Gaza to see
Speaker 2: whether she feels safe living under her mus Michael would
Speaker 2: join me to fire up about this shortly, but first tonight.
Speaker 2: The real story of the economy right now that goes
Speaker 2: to the heart of the cost of living crisis is
Speaker 2: that we're in a household recession. This is now the
Speaker 2: case for the seventh consecutive quarter in a row. It's
Speaker 2: a record. It's measured by GDP per capita. Now there's
Speaker 2: a lot of spinning politics, but the data doesn't lie.
Speaker 2: Australia under the Albanezy government has also recorded its weakest
Speaker 2: annual growth since the nineties recession. Apart from the pandemic lockdowns,
Speaker 2: our economy grew by just zero point eight percent in
Speaker 2: the past year and just zero point three percent in
Speaker 2: the three months to September. It's only government spending and
Speaker 2: high migration that's stopping us from falling into recession. But
Speaker 2: at a household level, as I said, we're now in
Speaker 2: a recession for a record number of months. It's a
Speaker 2: record we don't want here in Australia. Peter Dutton and
Speaker 2: Angus Taylor today describe these GDP figures as a nightmare.
Speaker 3: These numbers are a nightmare, reflecting the nightmare Australians are
Speaker 3: facing in trying to make ends meet. Right now, this
Speaker 3: is the seventh consecutive quarter of GDP per capita going backwards.
Speaker 3: Seventh consecutive quarter of a household recession. We've never seen
Speaker 3: that before. We haven't seen it before. It is absolutely diabolical.
Speaker 3: At the end of the day, what we're seeing is
Speaker 3: household standards of living collapsing in front of our eyes.
Speaker 4: The government can sugarcoat all they want, but the fact is,
Speaker 4: as the Reserve Bank governor keeps pointing out, it's the
Speaker 4: government's reckless spending that drives up inflation and therefore keeps
Speaker 4: interest rates.
Speaker 1: High for longer.
Speaker 2: And as you know, as we've been speaking about Australia's
Speaker 2: living standards on our worse than the rest of the
Speaker 2: world because other countries are emerging from this inflation crisis. Now,
Speaker 2: the Prime Minister was asked about this on Sunday, and
Speaker 2: this is the moment alb and Easy tried to blame
Speaker 2: our living standards on global inflation before being shown just
Speaker 2: how we were worse off than every other country.
Speaker 5: But I want to.
Speaker 6: Show you this some OECD data on household disposable income.
Speaker 6: It goes back to pre COVID right, so you can
Speaker 6: see the rise there. But why has in Australia household
Speaker 6: disposable income continued to go down over the last couple
Speaker 6: of years.
Speaker 7: We understand that people are doing it tough. Global inflation
Speaker 7: has had an impact. Now, inflation peaked higher and earlier overseas,
Speaker 7: and it did here, but our focus has been on
Speaker 7: providing cost of living support.
Speaker 6: Sorry to interrupt, but I mean take a look at this.
Speaker 6: You talk about the global fact that other countries Canada,
Speaker 6: the OECD average, the US, they're doing better than Australia
Speaker 6: with disposable income. Why is that?
Speaker 7: Because, David, if you look at the middle of the
Speaker 7: graphor tells you the story, inflation peaked higher and earlier
Speaker 7: overseas than it did here.
Speaker 2: Yeah, global inflation. It's a convenient answer until he's shown
Speaker 2: that other countries are handling this better than us. And
Speaker 2: it's not just families hurting, but businesses too are struggling.
Speaker 2: As Liberal MPs Zoey Mackenzie said today.
Speaker 8: The country is in recession and you just need to
Speaker 8: ask the more than twenty thousand businesses that have gone
Speaker 8: out of business since this government was elected to know
Speaker 8: that everything is heading in the wrong direction. I can't
Speaker 8: see anyone taking any comfort in any of the figures,
Speaker 8: frankly coming out of this government's male administration of the economy.
Speaker 2: Well Treasurer Jim Charmers admitted that there were expectations the
Speaker 2: GDP figures today would start to show a turnarout and
Speaker 2: across the industry, there was a wide expectation the economy
Speaker 2: would start to show green shoots and grow again. Facing
Speaker 2: the press today, Charmers was realist stick about the data.
Speaker 2: He said the growth was weak and slow.
Speaker 9: It's weighed down by interest rates and cost of living
Speaker 9: pressures and global economic uncertainty as well. Now Australians would
Speaker 9: be much worse off and growth in our economy would
Speaker 9: be even weaker without our responsible and balanced approach to
Speaker 9: the budget and without our cost of living support.
Speaker 2: But he said there was an encouraging aspect of the
Speaker 2: data that wages are growing and they grew by zero
Speaker 2: point two percent in the quarter. And this is true
Speaker 2: that wages are our growing, not falling, even if it
Speaker 2: is by zero point two percent. But the problem is
Speaker 2: that wages growth is largely eroded by bracket creep. Economists
Speaker 2: are concerned about how much of the increase in government
Speaker 2: tax revenue is because of bracket creep. Middle Australia is
Speaker 2: paying more taxes while wages only grew zero point two percent,
Speaker 2: and at the same time, government spending hit a record
Speaker 2: high That means no government has ever spent more money
Speaker 2: than the Albanezy government at a time when economists and
Speaker 2: even the RBA has been begging the government to rain
Speaker 2: in spending to tame inflation. Well, the finn Reviews Economics
Speaker 2: editor John Keo says the national accounts are grim reading
Speaker 2: his words, and he says indisputably worse than expected. And
Speaker 2: he wrote today that the private sector is even teetering
Speaker 2: on recession. And he says that it's bloated government spending
Speaker 2: and immigration that's keeping the economy afloat, even though it's
Speaker 2: barely afloat. John Keo writes, no amount of lipstick on
Speaker 2: this pig can hide the economic stagnation. Government spending and
Speaker 2: immigration are not a sustainable way to expand a high
Speaker 2: productivity economy that lifts living standards and real incomes for Australians.
Speaker 2: But the reality is that without this government spending, the
Speaker 2: weakest annual growth since the nineties recession of zero point
Speaker 2: eight percent would have been much worse. In fact, if
Speaker 2: it wasn't for this government spending, we'd be in a recession.
Speaker 2: And economists are arguing that spending should be rained in.
Speaker 2: It's a point to a minister. Element Economist Chris Richardson
Speaker 2: made here on this show last night when he said
Speaker 2: the government could be doing more to bring down spending.
Speaker 10: The International Monetary Funds is, if governments want to help
Speaker 10: their central banks fight inflation, then governments need to cut
Speaker 10: spending and raise taxes.
Speaker 11: Or in other words, if inflation.
Speaker 10: Is a problem of too much money chasing too little stuff,
Speaker 10: governments can help by taking money out of the system instead.
Speaker 10: Most governments around the world, but particularly here in Australia,
Speaker 10: are doing the opposite.
Speaker 2: And there's now speck that because our economy is so weak,
Speaker 2: it could prompt the IBA to cut rates earlier than
Speaker 2: it would have. Now that's pure speculation and the IBA
Speaker 2: has given no indication that it plans to do that.
Speaker 2: But if it does do this because our economy is
Speaker 2: so weak, alban Easy of course will celebrate it and
Speaker 2: claim it's evidence of good economic management. He'll even use
Speaker 2: it to claim the cost of living crisis is over,
Speaker 2: when the reality is far from this. Many Australians are
Speaker 2: now facing a miserable Christmas, unable to afford to take
Speaker 2: even a local holiday and struggling to pay for Christmas
Speaker 2: presents for children. Their savings that they accumulated during the
Speaker 2: pandemic have been eaten up used to pay for bills
Speaker 2: and basic household expenses. And according to new polling today,
Speaker 2: one in three Australians have gone without medicine, food or
Speaker 2: education in order to just meet their rental payments or
Speaker 2: their mortgage over the past twelve months. This is a
Speaker 2: really sad state of affairs for our developed nation, going
Speaker 2: without food or medicine, and voters will hold this against
Speaker 2: the Prime Minister, as they should, because this is what
Speaker 2: he promised them.
Speaker 7: Labor has a plan for a better future, a plan
Speaker 7: not just for them but for their children as well,
Speaker 7: for families, taking the pressure.
Speaker 12: Off the cost of childcare, the cost.
Speaker 7: Of electricity, a plan to address cost of living, take
Speaker 7: pressure off cost of living, meaningful ongoing help with the
Speaker 7: cost of living for families.
Speaker 1: Yep.
Speaker 2: Alben Easy promise life would be more affordable, over and
Speaker 2: over again. And as families now scratch around to pay
Speaker 2: for Christmas decorations, there's only one person they'll blame. And
Speaker 2: when they remember that Albin Easy Thomas life would be
Speaker 2: better while also pledging a new era of integrity in politics,
Speaker 2: well they'll only be anger at the ballot box. Well,
Speaker 2: another big show tonight. As always, world leading stockbroker angers
Speaker 2: Aitkin will join me live in studio, his first ever
Speaker 2: TV interview, and he's going to rip into climate warrior
Speaker 2: Chris Bowen plus Warren Hogan, Daniel Malino and Keith Pitt
Speaker 2: all coming up. But now let's bring in former Victorian
Speaker 2: Liberal Party president Michael Kroger and labor powerbroker Graham Richardson. Welcome, gentlemen,
Speaker 2: to you both. Michael, I want to start by getting
Speaker 2: your response to the National account data out today in
Speaker 2: the news that we're now in a record household recession
Speaker 2: seven consecutive quarters in a row.
Speaker 1: Well, what it means.
Speaker 12: Is that the Australian public has been in a recession
Speaker 12: for one and three forty years, almost two years. But
Speaker 12: everyone knows that the lived experience of people is that
Speaker 12: they are doing it harder than they've ever done in
Speaker 12: their life. And this is off of the back of
Speaker 12: Albanisi winning the election on the basis of you know,
Speaker 12: these great sort of advertising lines there's a cost of
Speaker 12: living crisis, power bills will be reduced, blah blah blah.
Speaker 12: I mean this was all a fraud. He had no
Speaker 12: idea what he's doing. He's got a second rate treasure.
Speaker 12: Who has I've said for a long time. He's a commentator,
Speaker 12: He's not a treasure's bootlace. He wouldn't make the top
Speaker 12: twenty if any labor government of the last twenty or
Speaker 12: thirty years for old Jim. And basically the economy is
Speaker 12: running him. He's not running anything. And so these are
Speaker 12: disastrous accounts propped up by unsustainable massive government expenditure at
Speaker 12: federal and state level. And we know where this is
Speaker 12: all going. We've seen this movie before in Victoria in
Speaker 12: South Australia. It's disastrous state governments and this will probably
Speaker 12: end up being a labor government worse than that of
Speaker 12: Kevin Rudd. And that's saying something Sharry Rich.
Speaker 2: I mean, spin aside, these are the weakest figures since
Speaker 2: Paul Keating's recession. If you put lockdowns to one side.
Speaker 2: You know, the government's argument is that without the government
Speaker 2: spending we would be in a recession right now. But
Speaker 2: families feel like they're in a recession because of the data,
Speaker 2: the GDP per capita.
Speaker 13: Yeahs are times are definitely tough and the economy is
Speaker 13: not doing everything that Jim Chalmers tells that it should do.
Speaker 13: And I think that is pretty obvious to the ordinary
Speaker 13: person in the street who usually doesn't care much about
Speaker 13: economics or politics, but people are filling the pinch at
Speaker 13: the moment and times are tough. If that doesn't turn
Speaker 13: around in a reasonably short time, then the government may
Speaker 13: pay a very big price at the ballot box.
Speaker 2: Indeed, because this is going to be the biggest issue.
Speaker 2: And if we see blackouts over some and I'm going
Speaker 2: to speak about that with anger skid in a moment. Well,
Speaker 2: let's move into the world. Let's move on to the
Speaker 2: worst foreign minister in Australia's history, Pennywog. I have to
Speaker 2: tell you, it just feels like Groundhog Date. It feels
Speaker 2: like every week I have to talk about the latest
Speaker 2: shocking thing Pennywog has done. And now this disgraceful move
Speaker 2: Australia changing our position to support more UN resolutions against Israel.
Speaker 2: And this one, the first one demands and I'm going
Speaker 2: to quote from this here, that Israel bring to an
Speaker 2: end its unlawful presence in the occupied Palestinian territory as
Speaker 2: rapidly as possible. No demand in this resolution for the
Speaker 2: terrorists that run Gaza to recognize Israel. No demand in
Speaker 2: this resolution for the terrorists to return the hostages. God
Speaker 2: forbid anyone at the UN should care about the hostages.
Speaker 2: Michael Kroger, what is wrong with Penny Wog in this government?
Speaker 12: Well, the hard left extreme, It's that's what they are,
Speaker 12: Albanizi Wong. These people are of the hard labor left.
Speaker 12: This is the Bill Hartley fection from the nineteen seventies.
Speaker 12: This is not the Hawk faction. This is a debate
Speaker 12: which goes back fifty years in Lebavarty history, which Graham
Speaker 12: knows better than me. But Bill Hartley was a hard
Speaker 12: left pro Palestinian activist here in the labor movement in
Speaker 12: the seventies and this is his faction which have finally
Speaker 12: wrestled control of the federal Parliamentary Labour Party.
Speaker 1: I mean, Israel has.
Speaker 12: Tried to give back the disputed territories on any number
Speaker 12: of occasions since nine forty eight. They tried to give
Speaker 12: the Goal on Heights back to Syria, but they don't
Speaker 12: seem to want them. And we have a UN passing
Speaker 12: these ridiculous resolutions. It's time, Shari, for the UN to
Speaker 12: sit down and tell the world, for Penny Long to
Speaker 12: tell the world what type of Palestinian state are we
Speaker 12: looking at.
Speaker 1: What we know is this.
Speaker 12: It's not going to be a democracy, right because Hamas
Speaker 12: and Fata don't have elections. They're not going to be
Speaker 12: freedom of the press in a Palestinian state. There's not
Speaker 12: going to be freedom of religion unless you're a Sunni.
Speaker 12: They won't recognize Israel's right to exist. There's no freedom
Speaker 12: of religion, there's no rights for gays, there's hatred of
Speaker 12: the Americans, there's death to America and death to the West.
Speaker 12: That's the type of Palestinian state we are looking at.
Speaker 12: If the UN would sit down and tell the truth
Speaker 12: about you know, but what we have of these sort
Speaker 12: of resolutions in theory without any practice. I mean, a
Speaker 12: Palestinian state on the base of everything I've said, is
Speaker 12: going to be like in Iranian theocracy, all I run
Speaker 12: by the Sunni rather than the Shia. That's what people
Speaker 12: are looking for. You know this, If this comes to pass,
Speaker 12: that's what's going to happen.
Speaker 2: If this comes to pass, perfectly put Michael Kroger, that
Speaker 2: is just so well said, and Richo he's right. I mean,
Speaker 2: what exactly is the Rushia for Pennywong to recognize at
Speaker 2: least one Palestinian territory run by a terror regime.
Speaker 13: Yeah, I wonder I don't have an answer for that.
Speaker 13: I wish I did. And I agree with pretty well
Speaker 13: everything that Michael just said. I think Australia has dropped
Speaker 13: the ball on Israel in the Middle East and the
Speaker 13: Palestinian territories. I think we're handling it pretty poorly. And
Speaker 13: I think at some stage of their game, we've just
Speaker 13: got to stand up and admit who our ntes are,
Speaker 13: who've got to be looked after, and who are the
Speaker 13: people who would rather kill us than look after us.
Speaker 13: And that's what really annoys me about this exactly.
Speaker 2: I completely agree with you. There's this total confusion under
Speaker 2: the Albenzi government about who our allies are and who
Speaker 2: our enemies are. And this is because you have two
Speaker 2: far left figures in Albanesi and Pennywog running the show.
Speaker 2: It's just so frustrating, it really is.
Speaker 11: Now.
Speaker 2: I want to turn to us posty and.
Speaker 12: By the way, Scharry, Yeah, before that, Arry, you know,
Speaker 12: we keep reading about the Palistinian authority being reconstructed. Well,
Speaker 12: as Michael Danby says that they're now about to be
Speaker 12: twenty years into their four year term, they've had twenty
Speaker 12: years to rebuild, reconstruct, reorganize whatever. What's Mamudebus waiting for.
Speaker 12: There's no reconstruction of the Palestinian authority. They're all corrupt
Speaker 12: anti Jewish, antie Israel regime that you know that that
Speaker 12: grew out of the PLO. He's had decades to rebuilding,
Speaker 12: to reorganize himself and not be corrupt. What's he waiting for?
Speaker 12: So the notion that there's going to be some pure American, Australian,
Speaker 12: British style democracy is an utter absurdity. But the U
Speaker 12: and should be honest and tell people this is what
Speaker 12: a Palestinian state will look like. It will look like
Speaker 12: in Uranian theocracy. That's what you're voting for. Penny one,
Speaker 12: well done.
Speaker 2: But also a look where Donald Trump is right now.
Speaker 2: He's demanding the release of the hostages. And look where
Speaker 2: UN is trying to reward the terrorists who took those hostages.
Speaker 2: It's insanity. And why isn't the UN also have an
Speaker 2: investigation into how the billions of dollars in aid from
Speaker 2: the international community have been spent. Have they gone towards
Speaker 2: the underground tunnel network, have they gone towards weapons? And
Speaker 2: why haven't they gone towards civilian infrastructure? You know, that
Speaker 2: is an investigation they should be running. Of course, they're
Speaker 2: not going to do that. Okay, let's turn to you
Speaker 2: politics now, because I'm sure we could talk about this
Speaker 2: all night. There are now reports that Donald Trump might
Speaker 2: put run De Santis in as Defense Secretary instead of
Speaker 2: Pete Hegseth. There've been allegations, and I've got to say
Speaker 2: this is according to a far left leaning media organization
Speaker 2: that hates Fox News. The allegations are that heg Seth
Speaker 2: drank alcohol before he went on air. The report claims
Speaker 2: that Fox News colleagues smelled alcohol on his breath and
Speaker 2: that they heard him talking about being hungover. I don't
Speaker 2: know what journalist hasn't been hungover at work, But there
Speaker 2: you go, rich O. Look again, keeping in mind this
Speaker 2: is from a rival outlet to Fox News. The reports, though,
Speaker 2: are credible that Trump is looking at putting Runda Santa's
Speaker 2: in instead. Do you think this would be a good
Speaker 2: move for the President elect?
Speaker 13: Well, I don't think it would necessarily hurt him. I mean,
Speaker 13: obviously I don't know these people, neither to you. We
Speaker 13: don't know the truth of these allegations. The trouble with
Speaker 13: these allegations is that once they hang around for a while,
Speaker 13: they get a light for their own and they become
Speaker 13: accepted fact. And I think that's very sad, especially if
Speaker 13: you're the person involved. But one thing is absolute certain,
Speaker 13: and that is that Trump we'll find a way around it.
Speaker 13: He always does.
Speaker 1: Well.
Speaker 2: He has already had to give up Matt Gates, so
Speaker 2: this could be the second candidate, Michael Kroger or his
Speaker 2: second pick that he has to cast aside.
Speaker 12: So he's got to cast this bloke aside? What because
Speaker 12: he drinks? Hmm, Well, he would be the only politician
Speaker 12: in the world, in the Western world who's had a
Speaker 12: few drinks before out or a half to work. So
Speaker 12: that's the basis on which he's going to get rid
Speaker 12: of him. Goodness me that we know and left. I
Speaker 12: think this guy do a good job. You know, he's
Speaker 12: a former veteran, he's not tainted by the past. But
Speaker 12: in any case, if Trump does MOVI him and puts
Speaker 12: Desantas in, I don't think Trump will worried too much
Speaker 12: about that. I mean, he's had defeats before, and you
Speaker 12: know he's got to crash through or crash style, and
Speaker 12: this will be part of the crash, but a weird
Speaker 12: minor one, So I don't think I'll worry him too
Speaker 12: much either way, but really getting rid of someone because
Speaker 12: he's been drinking seriously.
Speaker 2: There have been other allegations, of course, as well, relating to,
Speaker 2: you know, sexual assault that Heseth has denied.
Speaker 1: Rich.
Speaker 2: I can't have you on the show without asking you
Speaker 2: about this rift between Alban Easy and Tanya Plebisac. Just
Speaker 2: how bad is it?
Speaker 1: Oh?
Speaker 13: I don't think there's any rift.
Speaker 2: Cabline, No, I don't.
Speaker 13: I actually really don't. They're both friends of mine, and
Speaker 13: if there's a rift between them, then I'm going to
Speaker 13: say I've missed it. They can argue, they can disagree.
Speaker 13: People do that, but it doesn't mean there's a split.
Speaker 2: Well, come on, what about how he treated her this week? Though?
Speaker 2: He gasolt Hurt is a new term, a modern term,
Speaker 2: which means that you know she went and did a
Speaker 2: deal with the Greens. He pretended one had it been
Speaker 2: done when it had.
Speaker 13: Yeah, I think this week's been shell We say a
Speaker 13: little sloppy, but that happens sometimes in politics. Not every
Speaker 13: week could be a good one.
Speaker 2: Do you think if something happens to Hero, she would
Speaker 2: be the next leader. She would be a leadership candidate.
Speaker 13: I doubt it. I think she'd make a very good leader.
Speaker 13: But she doesn't have carcus battalions behind her.
Speaker 2: Chalmers or Tony Burke.
Speaker 13: No, yeah, you haven't. If you haven't got the battalions,
Speaker 13: you can't be in the race.
Speaker 2: So who does Who would have the numbers? If something
Speaker 2: happened to Albert.
Speaker 13: I think there would be a pretty close run between
Speaker 13: the Charmers, Miles and Burke. I mean, it'd be very
Speaker 13: hard to pick a winner. I'm not sure I'd be
Speaker 13: prepared to put money on the table at this stage.
Speaker 2: Well, let's see if it comes to that over the
Speaker 2: next few months. Going to be fun watching this unfold.
Speaker 2: Graham Richards and Michael Kroeger thank you both so much,
Speaker 2: as always for your time.
Speaker 1: Thanks you, Chary.
Speaker 2: Now. In recent weeks, Australians have been told to delay
Speaker 2: dishwasher use and stop using too much electricity after three
Speaker 2: o'clock in the afternoon or risk blackouts. This is ludicrous
Speaker 2: for twenty first century Australia to have to ration electricity
Speaker 2: and it's only a summer is just beginning now of course,
Speaker 2: this is a self inflicted crisis. We're an energy rich nation,
Speaker 2: but we're exporting gas while struggling for our own supply
Speaker 2: across the country. Well, a world leading stockbroker has bravely
Speaker 2: gone public to strongly criticize the energy and climate change
Speaker 2: minister Chris Bowen. And I'm joined now by the man himself,
Speaker 2: prominent and well respected stockbroker Angus Aiken. Angus, great to
Speaker 2: see you here in sky. Thank you for joining.
Speaker 5: Me, Thanks for having me. I'm sorry now we're.
Speaker 2: Facing blackouts this summer. We're paying more for the privilege.
Speaker 2: How do you think Chris Bowen has handled the energy
Speaker 2: supply in Australia.
Speaker 5: I always think arrogance and stubbornness are to shocking trades
Speaker 5: in life and in our listed companies. We always avoid
Speaker 5: companies where where they think there's arrogance, they won't listen
Speaker 5: to anyone's opinion, and Chris Bowen is that in the
Speaker 5: political world. He will not listen to any other opinion
Speaker 5: other than his own views. And so far, the way
Speaker 5: we look at it, in this energy transition, all he's
Speaker 5: done is create less reliable base load power and significantly
Speaker 5: higher energy prices for the average Australian.
Speaker 2: I mean, as you point out in a note to
Speaker 2: investors where you first went public with all of this,
Speaker 2: I mean you compare Chris Bowen to a fun manager
Speaker 2: where the stock price has gone down by ninety percent,
Speaker 2: but he's still out there saying the market is wrong
Speaker 2: and not him. I mean, how ignorant do you think
Speaker 2: he is.
Speaker 5: I think he's up there in terms of the most
Speaker 5: stubborn politicians behind the Malcolm Turnbulls and Kevin Rudds, and
Speaker 5: we know how those sort of political career has ended.
Speaker 5: But you know he's going against some of the smartest
Speaker 5: minds in the world. He's very against nuclear. Doesn't mean
Speaker 5: we need giant nuclear plants here tomorrow, but to go
Speaker 5: against the Bill Gates as the Jeff Bezoses and these
Speaker 5: type of hyper successful technology investors are the best smartest
Speaker 5: people in the world over the last thirty years. What
Speaker 5: makes Chris Bowen smarter than those people?
Speaker 2: Nothing exactly. And also we're seeing more than thirty countries
Speaker 2: around the world how nuclear as part of that energy mix.
Speaker 2: Yet the Abenezy government is running this line that we
Speaker 2: shouldn't even go there. In Australia, I mean, voters aren't
Speaker 2: going to buy the scare campaign, are they?
Speaker 5: Sharry, I just can't believe we go to we're a
Speaker 5: G twenty member. That means, you remember, of the twenty
Speaker 5: largest economies in the world. And albo is in Rio
Speaker 5: the other day. I'm pretty sure he wasn't telling the
Speaker 5: other delegates there about turning off the kettle and you
Speaker 5: dishwasher at night. It's an embarrassment. But Chris Bowen, you know,
Speaker 5: I was looking through his declaration of interest. The guy
Speaker 5: received a number plate from Tim Waltz and declared it.
Speaker 5: I mean, getting something from the Minnesota government. You know,
Speaker 5: a guy like that shows you're a complete loser in life.
Speaker 5: And that's through.
Speaker 1: And through it.
Speaker 2: I mean, ultimately, what we've seen in Australia is a
Speaker 2: rush to renewables and at the same time a failure
Speaker 2: to invest or to extend the life cycle of colfied
Speaker 2: power plants. But the reality is whether we like it
Speaker 2: or not, and you know some viewers might not like it,
Speaker 2: but the reality is at the moment to keep the
Speaker 2: lights on, we still need cold.
Speaker 1: Yeah.
Speaker 5: I was in America last week for work, and the
Speaker 5: average American cannot believe a resource rich country like Australia.
Speaker 5: We explot four times that we produce four times as
Speaker 5: much gas as we consume, and we're talking about importing
Speaker 5: gas into Australia. Just think about that, like a nine
Speaker 5: year old at school can understand that makes no sense.
Speaker 5: Culfied power just before we came on air, it's seventy
Speaker 5: percent of the New South Wales power grid at this
Speaker 5: time of the day there is zero solar. So for
Speaker 5: Chris to say it should be zero in four or
Speaker 5: five or six years time, it is an impossible task
Speaker 5: because you think about the scale of the batteries that
Speaker 5: you need to make up for seventy percent of the
Speaker 5: power grid at this time of day in this peak
Speaker 5: power period. So we just see his rushing it. We've
Speaker 5: got nothing against renewables, is a role for renewables, it's
Speaker 5: just the pace of it is. What we're saying is
Speaker 5: madness and he will not listen to economic common sense
Speaker 5: and that's what worries us for the Ustralian economy.
Speaker 2: And also they've been keeping secret their targets for twenty
Speaker 2: thirty five as well, which is kind of extraordinary.
Speaker 5: Well so if you talk to anyone in the energy sector,
Speaker 5: like the biggest players. They don't like to stay stuff
Speaker 5: publicly for fear of the government shooting their head off
Speaker 5: and that sort of thing. They all know these targets
Speaker 5: are totally unachievable. You talk to any major power retailer,
Speaker 5: gas producer. None of these targets are achievable. Only Chris
Speaker 5: Bowen is sticking to the transmission. When you're driving through
Speaker 5: the countryside and you see the big old power transmission lines,
Speaker 5: some of them are fifty sixty seventy years old. You know,
Speaker 5: we've underinvested in this infrastructure a decade. You cannot just
Speaker 5: turn all this soul and win on out in the
Speaker 5: middle of nowhere and have a stable grid. And that's
Speaker 5: what Bohn will never admit publicly.
Speaker 2: I mean, it's putting ideology, let's face it, putting ideology
Speaker 2: above reliability.
Speaker 5: Yeah, and I think you know, you look at as
Speaker 5: I keep coming back to that sus of nuclear against
Speaker 5: gas is the way we can totally change this economy.
Speaker 5: We have abundant gas resources we could find. You know,
Speaker 5: there's the Bedloo basin in the Northern Territory. That's the
Speaker 5: size of astray. It'll be developed and it'll be huge
Speaker 5: for the Australian economy. You know, there's so many ways
Speaker 5: we can solve this. But to me, us importing gas
Speaker 5: is as stupid as the Saudi's importing oil. Think how
Speaker 5: moronic that would be. That's what Chris Bowen's got us to.
Speaker 2: It's insane, it really is. I mean you think, Chris Bowen,
Speaker 2: do you remember at the last federal election, or the
Speaker 2: twenty nineteen election that Bill Shotten lost to was considered
Speaker 2: the unlosable campaign. Chris Bowen was then in the Treasury portfolio.
Speaker 2: He took these most radical tax proposals to the Australian
Speaker 2: public and he said of if you don't like them,
Speaker 2: don't vote for us, and Australians chose not to vote
Speaker 2: for him. I think once again he might play a
Speaker 2: role along with other ministers like Penny Wong and seriously
Speaker 2: turning Australians off the Albanese government, causing them to vote
Speaker 2: for Peter Dutton, who has put forward a nuclear energy
Speaker 2: and you'd have to think, I mean, would you put
Speaker 2: Chris Bowen in charge of running a school fate?
Speaker 5: No, I think it'd go bankrupt. You even nos sausages
Speaker 5: of Chris barn he is totally incompetent. And the problem
Speaker 5: we've got here is the further we go down this path,
Speaker 5: the harder it is to change. And there is no
Speaker 5: shorter energy or natural resources in this country. It is
Speaker 5: just they have to encourage these big companies to invest
Speaker 5: and have certainty not demonize the gas industry, the col
Speaker 5: fired power industry and these sort of things. That is
Speaker 5: what we need is less of a pylon on these
Speaker 5: major current energy producers and this pressure to go to renewables,
Speaker 5: you know, and you think about his promise with a
Speaker 5: two hundred and seventy five bucks off your power bill
Speaker 5: at the election, You're now up about seven hundred. So
Speaker 5: it's the reverse. So this idea of lower prices is
Speaker 5: just not achievable, you know. To do with this renewable revolution.
Speaker 2: Of Christmas, there's a complete fatasy let alone and broken promise. Well,
Speaker 2: I understand you've put a gas fire generator in your garage.
Speaker 2: So if there's black arts at summer or coming, shout it.
Speaker 5: I'm not a doomsday prepper, but I know there's blackouts
Speaker 5: coming in the next five years thanks to Chris. And
Speaker 5: just remember, people with no history in private enterprise don't
Speaker 5: make good politicians. Chris has zero experience.
Speaker 2: Right, Well, I'll be at your house when there's a
Speaker 2: blackout over summer. Willers. Thank you so much for your time,
Speaker 2: really appreciate it. Such smart words there. You see, this
Speaker 2: is sensible advice. Chris Bowen should listen to it. Now.
Speaker 2: Coming up after the break, the ABC's ideology on the
Speaker 2: energy crisis has been exposed. Plus just how long will
Speaker 2: we be in a household recession? For leading economist Warren
Speaker 2: Hogan would join me to discuss that's after the break.
Speaker 2: Welcome back. Well, as we've been speaking about, Australia received
Speaker 2: it's economic health check up today and the figures prove
Speaker 2: what we know. Our economy is a train wreck, with
Speaker 2: household recession now at record levels. Let's bring in now Judobanks,
Speaker 2: Chief Economic Advisor, Warren Hogan. Great to see you as always. Look,
Speaker 2: the government's line is that without government spending we would
Speaker 2: be in a recession right now, and that's true not
Speaker 2: just with government spending but with high migration levels. But
Speaker 2: at the same time we've got the RBA in economists
Speaker 2: saying that the government really needs to rein in spending
Speaker 2: in order to tame inflation. So what's the answer here.
Speaker 14: Yeah, Hi, Sherry. Look, it's a very complex economy we're
Speaker 14: dealing with here, unlike anything we've seen in fifty or
Speaker 14: sixty years, and that's because we have a capacity constraint.
Speaker 14: We have not enough workers, we have not enough trades
Speaker 14: and skills in that section of the building side of things,
Speaker 14: and we can only grow by so much, and that
Speaker 14: is having a really detrimental effect on recorded rates of growth.
Speaker 14: One percent annual growth is weak by our standards of
Speaker 14: the last thirty years. We're used to sort of three percent,
Speaker 14: but that's all we can do. In fact, it may
Speaker 14: even be too much. But the real problem and the
Speaker 14: real concern is that the public sector, not just the
Speaker 14: federal government but all the states, are growing their spending
Speaker 14: at an incredibly high rate of over four percent, so
Speaker 14: they're pushing the economy beyond its limits. And of course
Speaker 14: this idea that if it wasn't for the government, the
Speaker 14: economy would be in recession is just not right. The
Speaker 14: government is out competing the private sector for scarce labor
Speaker 14: and other resources in the economy and of course squeezing them.
Speaker 14: So with if the weaker government spending, you'd actually find
Speaker 14: private activity would be higher and we wouldn't be in recession.
Speaker 2: Well, John Keo in the fin Review writes that, actually
Speaker 2: the private sector is teaching on recession. So can you
Speaker 2: explain to us how tough it is at the moment
Speaker 2: for the private sector.
Speaker 14: Yeah, Well, what we're seeing is obviously very soft consumer spending,
Speaker 14: and that's been the real driver of this slide down
Speaker 14: in the economy. That is all because of a higher
Speaker 14: tax burden because of bracket creep and rising real income
Speaker 14: tax rates and of course higher interest rates that squeezed
Speaker 14: household incomes. Consumer spending has slowed, it remains soft in
Speaker 14: the court despite a pickup in income because of tax cuts.
Speaker 14: And then the business side is seeing very flat activity
Speaker 14: around construction and business investment has slowed down. But to
Speaker 14: this point that it's in recession. That's what the figures
Speaker 14: show us. But the question is if it wasn't for
Speaker 14: the government out there hiring people at the expense of
Speaker 14: the private sector taking up all the trades to build
Speaker 14: infrastructure and other things, what would the private sector be doing.
Speaker 14: And I think the private sector would be actually growing.
Speaker 14: So I don't think it's the right way to characterize it,
Speaker 14: but of course, what it feels like to most Australians
Speaker 14: is the reality of a fall in our standard of
Speaker 14: living which has been going on now every quarter for
Speaker 14: the last seven quarters. And this is a long drawn
Speaker 14: out process.
Speaker 2: Yeah, and of course that's you know, GDP per capita.
Speaker 2: So while GDP is still growing zero point eight percent,
Speaker 2: as you said, much lower than the three three percent
Speaker 2: we still usually see, it was even smaller in the
Speaker 2: September quarter, just zero point three percent our national GDP.
Speaker 2: But as you say, GDP per capita now going backwards
Speaker 2: for seven consecutive quarters. What does this mean for the
Speaker 2: average family? How are they feeling this pinch?
Speaker 14: Well, I mean Australia has had a great economy for
Speaker 14: thirty years, all the reforms we did, opening up to
Speaker 14: the world, a great world economy that we could trade with.
Speaker 14: And what we saw there was our standard of living
Speaker 14: going up gradually one percent a year, maybe would have
Speaker 14: a good year of two percent. And this sort of
Speaker 14: saw us get to the point where not five or
Speaker 14: six years ago, we were one of the richest countries
Speaker 14: in the world. But what we have seen is a
Speaker 14: sudden and sharp step backwards in our real incomes, household
Speaker 14: real incomes of an order of magnitude of around eight
Speaker 14: to ten percent is much worse than any other developed economy,
Speaker 14: and it's all because of inflation. And it's because we
Speaker 14: have failed to deal with inflation in a timely manner.
Speaker 14: And this is a deliberate strategy. The government's desire to
Speaker 14: avoid a recession at all costs has allowed the RBA
Speaker 14: to go on this narrow path, not raise rates as
Speaker 14: much as other countries. And of course they're in they're
Speaker 14: spending money to try and prop the thing up when
Speaker 14: indeed it doesn't need propping up. So we haven't taken
Speaker 14: our medicine. We haven't dealt with inflation, and that's what's
Speaker 14: driving living standards backwards, people's purchasing power.
Speaker 2: Just very quickly, Warren, before you go, we are starting
Speaker 2: to see speculation from some economists now that our weak
Speaker 2: economy might prompt the RBA to cut rates earlier than
Speaker 2: it would have done. What's your position on this.
Speaker 14: Well, I don't think that's the right way to look
Speaker 14: at these numbers. And the governor only a week ago
Speaker 14: reiterrated this exact story, that the economy is constrained, that
Speaker 14: the demand from the government is and broader is pushing
Speaker 14: still inflation above target, and that I don't really have
Speaker 14: any scope to cut right now, so I don't see
Speaker 14: a rate cut anytime soon. And if they did, I
Speaker 14: think it would be a very dangerous strategy because the
Speaker 14: reason we're in this mess is because they haven't probably
Speaker 14: raised rates enough initially.
Speaker 2: Look, we'll hear from Michelle Bullock next week, but up
Speaker 2: until this point, she's given no indication that there's any
Speaker 2: rate cuts on the horizon at any point in the
Speaker 2: near future. Right, Warren Hogan, appreciate your insights. Thank you
Speaker 2: so much, Thanks Serry. Now, coming up after the break,
Speaker 2: surprise surprise that ABC is once again accused of bias
Speaker 2: suggestions now that they're reporting is energy activism. This outrage
Speaker 2: Saxon Davidson, and he'll join me a bit later. Plus
Speaker 2: Peter Dutton ways into the debate over pubs that refuse
Speaker 2: to celebrate Australia Day. I'll talk about that with my
Speaker 2: political panel right after the break. Well, let's go to
Speaker 2: some breaking news now, and I'm hearing that there are
Speaker 2: pro Palestinian protests right now outside the Great Synagogue in
Speaker 2: the city in Sydney. So pro Palestinian protesters are currently
Speaker 2: outside the Great synagogue. This is an incident. Police are there,
Speaker 2: But why do these protesters have to protest outside a
Speaker 2: Jewish place of worship? Why are you protesting Judaism. You
Speaker 2: might be against the war in Israel, that is not Judaism.
Speaker 2: To protest outside of synagogue is anti Semitic. This is
Speaker 2: unfolding as we speak. I've just seen a contact sent
Speaker 2: me video on my phone right now, taken from someone
Speaker 2: inside the synagogue and there are protesters right across the
Speaker 2: road as we speak. They just shouldn't be able to
Speaker 2: protest outside of synagogue. It's just not on all right.
Speaker 2: Lots more to cover tonight. Let's bring you now my
Speaker 2: political panel Labor and P Daniel Malino and National MP
Speaker 2: Keith Pitt. Welcome to you both well. Opposition leader Peter
Speaker 2: Darton is leading the call to boycott any pubs that
Speaker 2: say Australia Day celebrations should be banned. Let's have a
Speaker 2: look at what he had to say today.
Speaker 11: If you've got a Christmas booking at a pub or
Speaker 11: an Australia booking at a pub with your friends or
Speaker 11: family that's not celebrating Australia, canceled and go to another
Speaker 11: pub that's celebrating Australia Day, and you'll see the companies
Speaker 11: change their behaviors pretty quickly. They're changing. They're not closing
Speaker 11: down the pokies on Australia are they. They're not saying
Speaker 11: that they're going to reduce the price of beer on
Speaker 11: Australia Day because it's, you know, philosophically what they wanted
Speaker 11: to do. They're still happy to make money, and I
Speaker 11: think they should be supporting our national cause, and our
Speaker 11: national cause is best advanced when we celebrate the great country.
Speaker 2: We are, all right, Labor and p Daniel Molino? Is
Speaker 2: this sensible? If a pub's not going to celebrate our
Speaker 2: national Day, then should people go elsewhere?
Speaker 1: Oll? Thanks for having me on Shari.
Speaker 15: You know, I was thinking about this as I've seen
Speaker 15: it evolve in the media over the last few days.
Speaker 1: I've been elected at all three levels of government.
Speaker 15: I was a counselor about fifteen years ago in out
Speaker 15: of suburban Melbourne and even back then, Australia Day was evolving,
Speaker 15: and I remember back then Australia Day took on much
Speaker 15: more of a theme of celebrating volunteerism as a way
Speaker 15: of bringing the community together. And since that time, Australia
Speaker 15: Day has evolved further, and it is fair to say
Speaker 15: that it has become somewhat controversial in parts.
Speaker 1: Of our community.
Speaker 15: And I think we're in an interesting transition at the
Speaker 15: moment with Australia Day.
Speaker 1: When I was thinking.
Speaker 15: About how pubs in my own electorate are dealing with this,
Speaker 15: it reminded me that Australia Day evokes very different feelings
Speaker 15: in different parts of my electorate.
Speaker 1: There are some parts of my electorate that want to
Speaker 1: continue celebrating Australia Day much as it has.
Speaker 15: Been for a long time, and pubs will do that
Speaker 15: in those parts of the electorate. There are other parts
Speaker 15: of my electorate where they're wanting to treat a You
Speaker 15: Day very differently. And I think as a country we
Speaker 15: are going through a process where different parts of our
Speaker 15: community are wanting to treat Australia Day differently.
Speaker 1: I don't know what the endpoint is going to be.
Speaker 15: What I'd say is there's no single rule here, and
Speaker 15: I think part of the problem with what that pub did,
Speaker 15: or that chain of pubs is that they came in
Speaker 15: with a ham fisted single rule and didn't understand their
Speaker 15: own consumer base. I think the rule here is that
Speaker 15: people don't want to be lectured when they're going to
Speaker 15: the pub or going out. But I do think there's
Speaker 15: going to be a range of different things people want
Speaker 15: across the community, and I'd just say that pubs or
Speaker 15: bars or whatever, restaurants just need to know their consumer base.
Speaker 2: Quite controversial comments there, Daniel Keith, What do you think
Speaker 2: about what Daniel just had to say that we're in
Speaker 2: a transition period on Australia Day that not everyone wants
Speaker 2: to celebrate it.
Speaker 16: What do you think, Wow, if the Labor government wants
Speaker 16: to transition Australia, let's go to the election tomorrow, sharing
Speaker 16: because I tell you the overwhelming already of Australia and
Speaker 16: that on up for transitioning. They want Australia where it is.
Speaker 16: They're proud of our country, they're proud of our flag.
Speaker 16: They just want to be left alone to celebrate what
Speaker 16: is the greatest country in the world. And if it
Speaker 16: is the Labor proposition to make changes around Australia to day,
Speaker 16: well they should take that to the election. And I
Speaker 16: look forward to it, I really really do. We're not
Speaker 16: even up to Christmas, no matter Boxing Day or New
Speaker 16: Year and here we are getting electioned already by companies
Speaker 16: about Australia. How about we just get on with it
Speaker 16: and celebrate our nation. That's what it's about.
Speaker 2: Yeah, look, I agree. I think most Australians love Australia Day,
Speaker 2: that we should be proud of our country and have
Speaker 2: a day to celebrate it. And you know this is
Speaker 2: generation or now. We can all remember every Australia Day
Speaker 2: almost I can going to the beach or being at home,
Speaker 2: having friends over, barbecues, cricket on the television, people playing,
Speaker 2: the boys playing cricket outside. Daniel, I don't know, I'm
Speaker 2: surprised that you had to say that, but we'll see
Speaker 2: that has probably kicked the debate along a bit. Now. Now, Daniel,
Speaker 2: you were this afternoon as part of a committee that's
Speaker 2: looking at the nuclear mix whether it should be included
Speaker 2: in our energy mix. Nuclear energy, whether it should be
Speaker 2: included as part of our energy mix. This inquiry, of course,
Speaker 2: was set up after Peter Dutton announced his nuclear proposal. Daniel,
Speaker 2: what are you hearing from the inquiry so far?
Speaker 15: Well, Look, some of the issues that I've been hearing
Speaker 15: are that nuclear in Australia is going to be problematic
Speaker 15: for a range of reasons, one of which is the
Speaker 15: time it's going to take, and the other is the
Speaker 15: risk of serious blowouts. When you think about the time,
Speaker 15: we're starting from a standing start. We don't have any
Speaker 15: social license in Australia. We haven't had serious work done
Speaker 15: around site selection.
Speaker 1: We had an expert from expert on US.
Speaker 15: Nuclear plant selection give us evidence today who wasn't anti nuclear.
Speaker 1: She said that if the process.
Speaker 15: Of community engagement doesn't involve genuine engagement where communities can
Speaker 15: say no, then it's led often in the United.
Speaker 1: States to the disaster.
Speaker 15: And what we see with the coalition policy is that
Speaker 15: they're basically announced seven sites, no negotiation, and there's going
Speaker 15: to be a ticker box consultation.
Speaker 1: The other issue is the construction.
Speaker 15: Blowouts we've seen in the United States with the Vogel plant,
Speaker 15: we've seen in the UK with the Hinckley plant. Construction
Speaker 15: times alone have blown out to fifteen years in those
Speaker 15: two cases, and that's not including all of the planning
Speaker 15: and financing and regulatory side.
Speaker 2: I just wanted to make sure we have way too
Speaker 2: long enough time for Keith Pitt's response to all of this, Keith,
Speaker 2: this is clearly the line that Labour's going to run
Speaker 2: in the lead up to the next selection. What's your response.
Speaker 16: Aucas has been underway for a number of years showing
Speaker 16: it's nuclear reactors in nuclear submarines at Australian bases. I
Speaker 16: don't think the Australian people will have the will pulled
Speaker 16: over their eyes. Lots of other countries are using it
Speaker 16: right around the world. Time has come we should be
Speaker 16: implemented here in Australia because it is zero missions, it
Speaker 16: is reliable, it uses very little land. We've got the
Speaker 16: people of the technology. We should just get on with it.
Speaker 16: And it's a long way to twenty fifty. Twenty five
Speaker 16: years is a long time, all right.
Speaker 2: Let's turn to Tasmania. Hundreds of workers in the salmon
Speaker 2: industry are nervously waiting on Tanya Plibisek to make a
Speaker 2: decision that will affect their livelihoods. Daniel Malino, this is
Speaker 2: a very controversial issue now and don't workers deserve to
Speaker 2: know what's happening to their jobs. Why hasn't a decision
Speaker 2: been made here?
Speaker 15: Well, look, I think with complex issues like this, decisions
Speaker 15: often take a long time, and this is something that
Speaker 15: we've seen across governments of both political strikes for stripes
Speaker 15: for a long time. I mean this was part of
Speaker 15: the reason for the Samuel Review, which was undertaken under
Speaker 15: the previous government and which found that a number of
Speaker 15: reforms were needed based upon a lot of systemic delays
Speaker 15: that were occurring under the previous government. Look, the Minister
Speaker 15: is making decisions based on all of her obligations under
Speaker 15: the laws. She has to step through these things carefully.
Speaker 15: I totally agree with you that workers rightly want these
Speaker 15: decisions made in a timely way. But these are complex
Speaker 15: issues and she might make.
Speaker 2: A decision only for Anthony Albert easy to overrule it,
Speaker 2: as we've seen with the EPA laws. Right, Daniel Malino,
Speaker 2: Keith Pitt, thank you very much for your time. There
Speaker 2: you go. It looks like that Australia Day debate is
Speaker 2: going to kick on. You've just heard a labor in
Speaker 2: pace say that we're in a transition period with Australia Day.
Speaker 2: All right, don't go anywhere. The IPA Saxon Davidson is
Speaker 2: fired up about the ABC using taxpayer dollars to fund
Speaker 2: energy activism and woke ideology. Here's coming up after this
Speaker 2: quick break welcome back. Well, let's return to that breaking news.
Speaker 2: There is an incident outside the Great Synagogue in Sydney
Speaker 2: as we speak. There are pro Palestinian protesters right outside
Speaker 2: the synagogue. You can see it on your screen. There
Speaker 2: are hundreds of Jews inside the synagogue. The synagogue is
Speaker 2: in lockdown. It is not safe for the Jews to
Speaker 2: exit because of these aggressive protesters who are right outside
Speaker 2: as synagogue. They can be against the war, but you
Speaker 2: cannot protest outside a synagogue. What are you protesting the
Speaker 2: Jewish religion? This is antisemitism. The police are on site
Speaker 2: at the moment. They are trying to make it safe
Speaker 2: for people to leave the synagogue. They were there for
Speaker 2: an event. There were Israeli speakers inside. This is unfolding
Speaker 2: as we speak. The Great Synagogue in lockdown in the
Speaker 2: heart of Sydney. Terrible state of affairs. I understand that
Speaker 2: Nova Paris is at the event as well. Now let's
Speaker 2: bring in now senior research fellow at the Institute of
Speaker 2: Public Affairs, Saxon Davidson Saxon, thank you for your time. Now,
Speaker 2: you've done some research, some analysis on the ABC and
Speaker 2: on their bias when it comes to ideology, and energy reporting.
Speaker 2: What can you tell us, Well.
Speaker 17: The ABC simply just do not hide their bias. They
Speaker 17: have an entire section on ivy dedicated to their climate
Speaker 17: change catastrophism and their net zero pushing agenda. And no
Speaker 17: matter what the ABC say about the ABC being all
Speaker 17: of our ABC, it is as you would know their ABC.
Speaker 1: They have a very clear set.
Speaker 17: Audience and they cater to that audience and that being
Speaker 17: radical inner city activists, and they push that activism and
Speaker 17: sometimes participate in that activism and this is reflected in
Speaker 17: their journalism.
Speaker 2: So you know there was the protest of course outside
Speaker 2: the home of Woodside Energy bus Meg O'Neil last year.
Speaker 2: Is this a case in point for how activism can
Speaker 2: just go too far at the ABC?
Speaker 17: Well, one hundred percent. And that's not an isolated example.
Speaker 17: You of course know about the example involving Heston.
Speaker 5: Russell as well.
Speaker 17: And this is what happens when green ideology gets sort
Speaker 17: of injected into our national broadcaster. We know, thanks to
Speaker 17: some analysis into the biases within the ABC done a
Speaker 17: few years ago, that ABC staff are up to five
Speaker 17: times more likely to vote for the Greens than the
Speaker 17: average Australian and this is of course, reflected in a
Speaker 17: whole range of topics, not just energy and climate change,
Speaker 17: but also the Middle East, also the voice to Parliament,
Speaker 17: the pandemic itself, and just general politics, whether it be
Speaker 17: here in Australia or abroad.
Speaker 2: Now, it's interesting that your IPA survey found that only
Speaker 2: thirty two percent of Australians believe the ABC represent their
Speaker 2: own views, but yet the ABC always claimed that they're
Speaker 2: the most trusted organized in thirty seconds. I mean, how
Speaker 2: do these two things align.
Speaker 17: Well, it's sort of a self fulfilling prophecy. I suppose
Speaker 17: the more you tell yourself something, the more you tend
Speaker 17: to believe it. But everyone can say that this is
Speaker 17: simply not the case. You only have to look at
Speaker 17: reporting into things such as renewable projects in the regions
Speaker 17: where inner city activists never have to foot the bill
Speaker 17: for it and have total support for it. But these
Speaker 17: projects are dividing our communities in the regions, and yet
Speaker 17: these views are simply ignored by the ABC.
Speaker 2: Saxon Davidson, thank you so much for your time tonight,
Speaker 2: and that's it for me. Thank you for watching. I'll
Speaker 2: see you on Monday. Won't be here tomorrow night. Monday
Speaker 2: at eight o'clock and right now, Paul Murray