WEBVTT - Paul Murray Live | 30 May 0:00:00.240 --> 0:00:07.160 From the Skyinging Center. This is Paul Murray Life. Hello mate, 0:00:07.240 --> 0:00:09.280 Let's have a big Thursday night together. Thank you very 0:00:09.320 --> 0:00:13.480 much for watching us. So your rights, you would think 0:00:14.080 --> 0:00:17.160 that there was a right to free speech, a right 0:00:17.239 --> 0:00:18.840 to relate all of these things, but of course in 0:00:18.880 --> 0:00:22.320 Australia we don't have a bill of rights. Now. One 0:00:22.320 --> 0:00:25.360 of the problems with writing a bill of rights is, 0:00:25.400 --> 0:00:27.240 as we see in places of the United States, what 0:00:27.360 --> 0:00:29.639 might be okay a couple hundred years ago, like a 0:00:29.760 --> 0:00:32.479 right to own a gun, when a gun wasn't a 0:00:32.520 --> 0:00:36.760 machine gun becomes a machine gun. So the people who 0:00:36.760 --> 0:00:39.159 put Ustradia together never believed that we should have a 0:00:39.200 --> 0:00:44.240 bill of rights. But we assume that we have things 0:00:44.320 --> 0:00:47.440 like that right to free speech. Where the reality is 0:00:47.440 --> 0:00:50.760 is that there's no piece of paper anywhere that actually 0:00:51.120 --> 0:00:54.800 gives us that legal protection. It is assumed. It has 0:00:54.840 --> 0:00:57.480 been sort of fiddled with by courts over the years. 0:00:58.000 --> 0:01:00.000 But as we saw during COVID, if a government wants 0:01:00.120 --> 0:01:03.000 to turn around and start to change what you can say, 0:01:03.440 --> 0:01:07.280 there's no thing in the constitution that fights back against 0:01:07.360 --> 0:01:10.520 it like it would be in the United States. So 0:01:10.560 --> 0:01:13.120 in many ways, our freedom of speech is in the 0:01:13.160 --> 0:01:17.600 hands of the people that we elect. And today there 0:01:17.680 --> 0:01:19.240 was a group of people who wanted to make a 0:01:19.280 --> 0:01:22.760 whole bunch of changes to the laws and Australia in 0:01:22.800 --> 0:01:27.680 and around human rights. Now, interestingly, this was a cross 0:01:27.920 --> 0:01:32.040 party that mainly lefties group of people who got together 0:01:32.760 --> 0:01:35.000 and among other things, have demanded all sorts of things 0:01:35.040 --> 0:01:38.920 like right to education and right to housing. And that 0:01:39.000 --> 0:01:41.600 was written up in all the lefty press today that 0:01:42.360 --> 0:01:45.240 the inquiry had asked for rights like a right to privacy, 0:01:45.319 --> 0:01:50.600 a right to health, environment, a right to social and 0:01:50.680 --> 0:01:54.960 economic rights like adequate housing, a right to education, a 0:01:55.120 --> 0:01:57.800 right to hold an express one's religion. Now, we can 0:01:57.880 --> 0:02:00.000 have a very long chat all night about how much, 0:02:00.200 --> 0:02:02.640 what and where, but at least there is an acknowledgment 0:02:02.680 --> 0:02:06.040 here that there are people who believe that laws need 0:02:06.080 --> 0:02:09.320 to be changed to tighten up what are your rights 0:02:09.320 --> 0:02:13.560 to make them clearer now, particularly things like the environment 0:02:14.280 --> 0:02:16.880 is something that's a collection of school kids have been 0:02:16.880 --> 0:02:20.120 trying to take to courts, and courts have often ruled well, 0:02:20.160 --> 0:02:21.959 there's nothing in the law that says that there is 0:02:22.040 --> 0:02:25.160 part of the duty of care of a government when 0:02:25.160 --> 0:02:27.680 it's looking at something like a coal mine is its 0:02:27.680 --> 0:02:32.240 effect on the environment when it pretends to future generations. 0:02:32.880 --> 0:02:36.119 So they're coming at this from a very lefty perspective. 0:02:37.160 --> 0:02:40.359 But here is what Josh Burns, who is the chair 0:02:40.400 --> 0:02:42.880 of the committee, the Labour Party representative, a bloke who's 0:02:42.880 --> 0:02:44.960 apparently on his way to the ministry, should they ever 0:02:45.000 --> 0:02:49.760 do a reshuffle sometime soon about the ideas behind more 0:02:49.880 --> 0:02:56.600 rights for Australians or seen royal commissions where frankly, human 0:02:56.680 --> 0:02:59.800 rights have been disregarded and the human rights are vulnerable 0:02:59.800 --> 0:03:03.480 as aliens have been disregarded by decision makers in this country. 0:03:04.040 --> 0:03:05.840 We need better protections for. 0:03:05.919 --> 0:03:08.400 That, we need better training, and we need to ensure 0:03:08.400 --> 0:03:11.800 that we are monitoring human rights as well. 0:03:11.919 --> 0:03:14.080 Now, in amongst all of those other things that they 0:03:14.120 --> 0:03:18.280 want to include into laws, forcing governments to take those 0:03:18.400 --> 0:03:22.400 rules into consideration as they make other decisions, let's get 0:03:22.400 --> 0:03:27.160 back to where we started free speech. Now. Interestingly, in 0:03:27.200 --> 0:03:29.560 the pages and pages and pages of the report and 0:03:29.600 --> 0:03:33.720 the pages and pages and pages of recommendations, there's nothing 0:03:34.600 --> 0:03:39.040 about a want to strengthen the right to free speech 0:03:39.120 --> 0:03:42.400 and expression. As Josh Burns just said there that over 0:03:42.400 --> 0:03:45.400 the past recent years, many people's rights have been infringed 0:03:45.480 --> 0:03:49.680 upon Well, is there no greater example of that than 0:03:49.760 --> 0:03:51.720 the lady who was arrested for posting something on the 0:03:51.760 --> 0:03:56.320 internet that was not violent, that was not racist, it 0:03:56.480 --> 0:03:58.800 just was not to the government's liking when it came 0:03:58.880 --> 0:04:04.280 to protest against the decisions of the government. Nothing in 0:04:04.320 --> 0:04:07.200 this Instead, the closest you can see is in and 0:04:07.240 --> 0:04:10.960 around protests, because the left believe that, particularly in places 0:04:11.000 --> 0:04:14.720 like New South Wales, the rules against protest like you 0:04:14.800 --> 0:04:16.960 have to ask for permission first, and if you break 0:04:17.279 --> 0:04:19.080 the agreement that you have with the police then they 0:04:19.240 --> 0:04:21.680 can therefore shut down the protest. All of that is 0:04:21.720 --> 0:04:24.719 an infringing of rights. Of course, nobody cared when it 0:04:24.800 --> 0:04:29.640 was the COVID rights. But what we are seeing here 0:04:30.000 --> 0:04:34.839 is a very interesting conversation that normally the center and 0:04:34.880 --> 0:04:39.000 the center right should be in favor of anything that 0:04:39.120 --> 0:04:44.280 strengthens your rights. But interestingly, it is the center left 0:04:44.400 --> 0:04:47.560 and far left that of course are in control of 0:04:47.560 --> 0:04:49.600 the Federal Parliament at the moment, and will have even 0:04:49.800 --> 0:04:52.440 greater control after the next election if most likely the 0:04:52.440 --> 0:04:57.839 government goes into minority, and they don't see freedom of 0:04:57.920 --> 0:05:04.160 speech as something that needs to be strengthened now this 0:05:04.200 --> 0:05:06.120 will not be on the front page of the paper tomorrow. 0:05:07.200 --> 0:05:10.920 It didn't lead the six pm Yews tonight. But right 0:05:10.960 --> 0:05:13.760 now we're in the middle of conversations about censoring the Internet, 0:05:13.800 --> 0:05:19.359 about what the government declares to be misinformation. That is 0:05:19.400 --> 0:05:22.640 a very big step from a country that has freedom 0:05:22.680 --> 0:05:25.880 of speech. Now. Again, while I am somebody who is 0:05:25.880 --> 0:05:27.840 a little more on the libertarian side of freedom of 0:05:27.880 --> 0:05:30.960 speech and generally speaking, you know, I'm not quite the 0:05:30.960 --> 0:05:33.280 full absolutist, I do think there are plenty of times 0:05:33.320 --> 0:05:37.039 when people's people who go too far should feel a 0:05:37.040 --> 0:05:39.440 sanction for it. And generally speaking, I think that when 0:05:39.480 --> 0:05:42.240 you say something well, you can't expect there will be 0:05:42.279 --> 0:05:44.960 no reaction to it, and people reacting to it and debating. 0:05:45.000 --> 0:05:47.520 That's a good and open society. Do I think that 0:05:47.600 --> 0:05:50.599 hate preachers should be able to say the horrific things 0:05:50.680 --> 0:05:53.719 that they do without any national security implications, No, of 0:05:53.760 --> 0:05:57.480 course not. Do I think that people should be able 0:05:57.560 --> 0:06:02.560 to abuse Jews in Australia because of the decisions of 0:06:02.640 --> 0:06:06.200 a government is of course not right. So there are limits. 0:06:06.560 --> 0:06:08.919 And I understand what defamation means, and I understand what 0:06:08.960 --> 0:06:12.520 discrimination means, and I understand all of those necessary things 0:06:12.560 --> 0:06:15.040 that yes, probably do hem us in a little bit 0:06:15.080 --> 0:06:17.560 more than the right to free speech in the United States. 0:06:17.560 --> 0:06:20.120 That means you can say whatever you want at any time, 0:06:20.160 --> 0:06:24.080 generally speaking, and it'll be protected by the law. But 0:06:24.200 --> 0:06:27.680 all of this effort, all of this study, all of 0:06:27.680 --> 0:06:32.120 this discussion, all of this power, and none of it 0:06:32.160 --> 0:06:37.400 includes your rights to speech, your rights to express your 0:06:37.440 --> 0:06:39.919 own opinion that may well be contrary to what the 0:06:40.000 --> 0:06:45.640 government believes is the truth of the day. We're seeing 0:06:45.680 --> 0:06:50.400 on multiple fronts, from the misinformation to this scenario, through 0:06:50.400 --> 0:06:57.280 to crackdowns on violent content put up by social media. 0:06:57.720 --> 0:07:00.520 But slowly but surely, there are lots of attacks coming 0:07:00.760 --> 0:07:04.160 towards your ability to say what the government doesn't want 0:07:04.200 --> 0:07:07.159 you to say. Every now and then, someone needs to 0:07:07.240 --> 0:07:10.880 point out what is happening, because the reality is that 0:07:10.880 --> 0:07:13.000 the Parliament as it is constituted right now, and the 0:07:13.040 --> 0:07:16.800 assumption of the people who are in our parliament right now, 0:07:17.800 --> 0:07:23.400 we don't matter. You don't matter because their coalition of 0:07:23.440 --> 0:07:27.760 the left and far left gives them passage through the 0:07:27.800 --> 0:07:32.280 lower House and passage through the Upper House. Yet you 0:07:32.320 --> 0:07:36.000 should know what's going on. You should contact your local 0:07:36.080 --> 0:07:40.640 politician to see if they understand what's going on, and 0:07:40.680 --> 0:07:42.920 the people who were in part behind this report should 0:07:42.960 --> 0:07:45.080 come onto a program like this and explain to us 0:07:45.120 --> 0:07:48.280 why speech wasn't one of the things that they thought 0:07:48.280 --> 0:07:54.320 had been eroded over the past few years. Now, what 0:07:54.440 --> 0:07:57.800 are coincidents? I mean, just a few little coincidences happen, 0:07:58.320 --> 0:08:01.360 And of course you know, nobody believes in conspiracy theories here, 0:08:01.400 --> 0:08:05.440 but you know, amazing what happens just at the same 0:08:05.520 --> 0:08:09.559 time right now. Of course, a few weeks ago, Channel 0:08:09.600 --> 0:08:11.880 Line breaks the story about the Australian chopper that was 0:08:11.920 --> 0:08:14.480 interfered with by China. If it was not for the pilot, 0:08:14.680 --> 0:08:17.960 potentially they could have crashed into the ocean and died. 0:08:19.640 --> 0:08:21.880 The reporting at the time from Channel nine was pretty 0:08:21.880 --> 0:08:27.080 clear that Australia had responded to this. Richard Marles says 0:08:27.080 --> 0:08:31.320 Australia has formally registered its deep concern about the incident, 0:08:31.720 --> 0:08:37.400 telling Beijing it's completely unacceptable and the Prime Minister said 0:08:37.520 --> 0:08:40.160 this That clearly left the impression with the Australian people 0:08:40.200 --> 0:08:43.040 that everything had been done to voice displeasure at a 0:08:43.080 --> 0:08:47.719 potentially deadly incident. Not the first, by the way, we have. 0:08:47.760 --> 0:08:53.520 Made very strong representations at every level to China about 0:08:53.880 --> 0:08:58.880 this incident, which we regard as unprofessional and unacceptable. 0:09:00.120 --> 0:09:03.520 At every level we we, of course includes he that 0:09:03.679 --> 0:09:06.000 being the Prime Minister. But whatever, that's details because as 0:09:06.000 --> 0:09:09.880 we told you last night, Senate estimates and god love 0:09:09.920 --> 0:09:12.280 sen it estimates for being able to get into some 0:09:12.400 --> 0:09:18.199 details here, they showed that officials admitted no phone call 0:09:18.280 --> 0:09:20.480 between the Prime Minister and the President, the Prime Minister 0:09:20.520 --> 0:09:22.680 and the Premier, the Defense Minister and the Defense Minister, 0:09:22.880 --> 0:09:25.400 no phone callse whatsoever. Instead, some of the things that 0:09:25.440 --> 0:09:28.640 we said, including press conferences at Beefweek, were counted as 0:09:29.160 --> 0:09:32.800 voicing displeasure with China. Well, as we told you that 0:09:32.920 --> 0:09:35.800 story last night, it started to build a little bit 0:09:35.800 --> 0:09:37.720 of attention. I got plenty of messages from people in 0:09:37.720 --> 0:09:39.720 the media going really, okay, can you send me this 0:09:39.760 --> 0:09:43.520 and that details? Right? And generally speaking, that's the beginning 0:09:43.559 --> 0:09:46.880 of something becoming an issue tomorrow. But guess what magically 0:09:46.960 --> 0:09:51.480 happened today a biggest story for the media that they 0:09:51.480 --> 0:09:54.520 decided to of course report from the government's perspective, which 0:09:54.600 --> 0:09:57.640 was a win for the Albenezy government because of its 0:09:57.679 --> 0:10:01.440 new relationship with China. The tara On beef are to 0:10:01.559 --> 0:10:05.160 be removed in the next little while, made it all 0:10:05.200 --> 0:10:10.520 the way to CNN. But just isn't that convenient that 0:10:11.080 --> 0:10:17.880 less than twenty four hours after Australia lying about confronting China, 0:10:19.280 --> 0:10:21.679 China turns around and does a favor for the Australian government, 0:10:21.720 --> 0:10:23.360 who of course did a favor for China, but not 0:10:23.400 --> 0:10:26.600 really blowing up at all about a scenario involving our 0:10:26.600 --> 0:10:28.920 defense force that could have killed the people on that helicopter. 0:10:28.920 --> 0:10:33.199 I mean, what is nothing to see here? Oh yeah. Also, 0:10:33.280 --> 0:10:36.480 it was a story that covered over something that happened 0:10:36.480 --> 0:10:39.760 this week which does have serious implications for the electoral 0:10:39.760 --> 0:10:42.760 fortunes of the Abernese government. Not in New Town, not 0:10:42.840 --> 0:10:46.800 in Marrickville, nowhere in the Yarra Council, but it does 0:10:46.840 --> 0:10:51.040 in Western Australia the live sheep exporting industry. Remember the 0:10:51.040 --> 0:10:52.760 government a few weeks ago said that they were going 0:10:52.800 --> 0:10:54.280 to start to come up with the system to turn 0:10:54.280 --> 0:10:58.880 it off by twenty twenty eight. Well, the laws have 0:10:59.040 --> 0:11:01.920 now shown their face in a beginning the process of 0:11:01.960 --> 0:11:04.319 going through the Parliament. Now, of course they will make 0:11:04.360 --> 0:11:09.640 it through because the center left are in charge of downstairs, 0:11:09.679 --> 0:11:11.360 and then we start to go quite to the left, 0:11:11.360 --> 0:11:15.080 including the Greens and Door Matt Pocock and Lambee and 0:11:15.640 --> 0:11:18.000 Thorpe and all of them will of course sail this 0:11:18.040 --> 0:11:19.720 thing through. So it is going to probably end up 0:11:19.760 --> 0:11:23.280 becoming law. But good on the people of Western Australia 0:11:23.360 --> 0:11:25.440 and the sheep farmers of Western Australia who are starting 0:11:25.440 --> 0:11:28.920 to fire up. Now. Remember in Western Australia, the Labour 0:11:28.960 --> 0:11:32.520 Party won four seats. If they lost just two of 0:11:32.559 --> 0:11:35.040 those seats, the government would be making its way towards 0:11:35.200 --> 0:11:39.920 minority government. Which is why it's important to see here 0:11:40.240 --> 0:11:44.720 that while the government defends the live sheep exports via 0:11:44.800 --> 0:11:48.960 their announcements that they have made this week in Western Australia, 0:11:49.040 --> 0:11:51.880 they're fighting back. Keep the sheep dot com dot au, 0:11:52.040 --> 0:11:54.000 Keep the sheep dot com dot au. You might see 0:11:54.000 --> 0:11:56.679 this truck in and around Well and many others in 0:11:56.720 --> 0:11:58.599 and around Western Australia. If you want to support it, 0:11:58.600 --> 0:12:00.160 if you want to keep the trade alive, if you 0:12:00.200 --> 0:12:03.520 want to get the government to pay a price for 0:12:03.600 --> 0:12:07.920 what they're about to do to hundreds of families destroying 0:12:08.160 --> 0:12:10.360 their livelihoods to make people feel better in the woke 0:12:10.440 --> 0:12:14.479 bits of the city. Keep the Sheep dot com dot Au. 0:12:17.920 --> 0:12:21.320 Now again Senate Estimates, Thank you gives us a little 0:12:21.320 --> 0:12:23.719 bit more detail. And as this show has grown over 0:12:23.760 --> 0:12:25.720 the years, we are even more focused on data and 0:12:25.760 --> 0:12:28.920 we try to show you things firsthand because so easily 0:12:29.960 --> 0:12:32.120 the people who would like us off the air would 0:12:32.200 --> 0:12:34.599 like to pretend that we are the Peanut Gallery or 0:12:34.640 --> 0:12:37.480 the morons or the people who don't follow the details. 0:12:37.520 --> 0:12:39.080 We're just making it up as we go along and 0:12:39.080 --> 0:12:42.559 thankfully showing you things like reports that I try to 0:12:42.600 --> 0:12:44.440 show you every night, data that I try to show 0:12:44.440 --> 0:12:46.600 every night, and the people in their own words every 0:12:46.679 --> 0:12:49.360 night helps tell the stories that we then go off 0:12:49.400 --> 0:12:53.200 and have the opinions about. But again in Senate Estimates, 0:12:54.040 --> 0:12:56.560 a shocking amount of detail came out about a potential 0:12:56.720 --> 0:12:59.920 major security hole in Australia that looks like it could 0:12:59.920 --> 0:13:04.560 be exploited by unfriendly nations like China. Now, yes, the 0:13:04.679 --> 0:13:07.560 prime ministers all get along, and the premiers all get along, 0:13:07.600 --> 0:13:09.839 and the upper diplomats get along, but of course China 0:13:10.120 --> 0:13:14.000 spies on Australia. It tries to interfere in our universities, 0:13:14.000 --> 0:13:18.040 it tries to intimidate those students by threatening their families 0:13:18.080 --> 0:13:23.720 back home. It has stolen the plans to the AZO building, 0:13:24.440 --> 0:13:27.080 and of course in the past has been accused of 0:13:27.200 --> 0:13:32.560 hacking the infrastructure of Parliament House and many of the 0:13:32.559 --> 0:13:36.760 political parties which make up the people who represent us 0:13:37.080 --> 0:13:45.480 in Canberra. Well, fascinating statement here about some problems that 0:13:45.559 --> 0:13:47.360 are seemingly showing the head of the moment, about the 0:13:47.440 --> 0:13:49.800 number of people who work for the politicians who we 0:13:49.840 --> 0:13:52.719 are not doing enough security checks on, and as has 0:13:52.760 --> 0:13:56.120 been the case in other states, the pressure is put 0:13:56.160 --> 0:13:59.280 onto the staffers as a way of eventually putting pressure 0:13:59.280 --> 0:14:04.920 onto ptitians. As says, it's potentially all sides of politics, 0:14:04.920 --> 0:14:07.680 so let's view it in that way. Well, the head 0:14:07.679 --> 0:14:11.880 of the National Intelligence Agency is told Senate Estimates hearing 0:14:11.880 --> 0:14:15.200 on Wednesday that Australia faces a serious and sustained threat 0:14:15.760 --> 0:14:19.600 from foreign spies in response to claims that there were 0:14:19.680 --> 0:14:23.640 twelve hundred operatives already in Australia. Direct quote from a 0:14:23.640 --> 0:14:27.120 bloke called doctor William Stoltz is from the Australian National 0:14:27.240 --> 0:14:31.520 University's a national security expert. Political staff are essentially hired 0:14:31.560 --> 0:14:33.640 and fired at the discretion of the member of parliament. 0:14:34.160 --> 0:14:38.080 They do not have to undergo basic police checks, but 0:14:38.160 --> 0:14:43.880 there is no security clearance process. How does that work now? 0:14:43.920 --> 0:14:45.560 It may well be when it comes to a minister 0:14:45.760 --> 0:14:48.400 or a particular level of government, but somebodyho's a staffer 0:14:48.440 --> 0:14:51.120 for a backbench senator or a backbench member of parliament, 0:14:51.560 --> 0:14:54.880 where's a security check? It's highly concerning for a country 0:14:54.880 --> 0:14:58.240 of Australia's sophistication, and given the seriousness of MPs and 0:14:58.320 --> 0:15:00.880 senators being targeted, it is no longer we're appropriate. The 0:15:00.920 --> 0:15:07.520 political staff are not better vetted and security cleared. Again, 0:15:08.320 --> 0:15:10.280 this will not be the front page of the paper tomorrow, 0:15:10.720 --> 0:15:14.320 but when something terrible happens, you can remember that you 0:15:14.400 --> 0:15:17.680 were told about what the threat may be. It means 0:15:17.720 --> 0:15:19.120 every now and then when we come up with the 0:15:19.240 --> 0:15:21.880 random question of people in power, such as should there 0:15:21.880 --> 0:15:24.880 be better security checks for MPs? That's why we're asking 0:15:24.920 --> 0:15:28.600 the question, same as we're asking the question about okay, cool, 0:15:28.600 --> 0:15:30.520 and you go right to a house and all of 0:15:30.520 --> 0:15:33.640 these things. But again, where is the greater legal framework 0:15:33.680 --> 0:15:38.440 around your right to free speech? Because again, right now 0:15:38.640 --> 0:15:41.960 and then, this happens every single day. Remember that you 0:15:42.000 --> 0:15:44.240 wake up thinking that we've got to have a discussion 0:15:44.320 --> 0:15:46.280 or a debate or push back against something that we 0:15:46.480 --> 0:15:51.120 just took for granted the day before. For example, that 0:15:51.280 --> 0:15:54.080 every single person working around every single MP at the 0:15:54.160 --> 0:15:56.720 state and federal level is on the up. How can 0:15:56.760 --> 0:16:00.280 there not be greater security clearance in and around those people. 0:16:03.200 --> 0:16:05.840 Now we learned something today as well from the Treasury 0:16:05.920 --> 0:16:11.840 Boss bracket creep is good. Now you are living the 0:16:11.840 --> 0:16:14.520 cost of living crisis. We as a country are in 0:16:14.680 --> 0:16:20.520 the multiple quarters of a per capita recession. Put simply, 0:16:20.600 --> 0:16:23.360 the Australian economy the real world is in recession, but 0:16:23.440 --> 0:16:27.640 the government economy it's just ticking alive, which means you're 0:16:27.640 --> 0:16:30.080 struggling to pay your bills at the moment, no matter 0:16:30.200 --> 0:16:34.040 what kind. And where as I talk about almost every 0:16:34.120 --> 0:16:39.920 night about your insurance bills on top of your petrol 0:16:39.960 --> 0:16:42.440 and your power and all of those other things. Well, 0:16:43.680 --> 0:16:45.480 a blow by the name of Stephen Kennedy is the 0:16:45.520 --> 0:16:48.560 Treasury Secretary and he's also on the Reserve Bank, so 0:16:48.600 --> 0:16:50.200 he is one of the decision makers about whether we 0:16:50.240 --> 0:16:51.960 go up or down when it comes to interest rates. 0:16:51.960 --> 0:16:54.600 But he's also the bloke who's helping put the budget 0:16:54.600 --> 0:16:58.720 together and well under the herald for picking this up. 0:17:00.200 --> 0:17:03.400 Not like it, but back bracket creep gee whizho for 0:17:04.200 --> 0:17:10.000 todd Anyway, bracket creep is aiding the inflation fight. So 0:17:10.040 --> 0:17:12.480 that of course means when you pay more tax, it's 0:17:12.520 --> 0:17:15.080 better because you have less money to spend in the economy, 0:17:15.119 --> 0:17:17.440 because if you spent your money then it would push 0:17:17.480 --> 0:17:21.160 up inflation. He said that in Australia over the past 0:17:21.200 --> 0:17:25.960 three years, bracket creep had helped reduce inflationary pressures which 0:17:26.000 --> 0:17:30.600 otherwise would have amplified if tax thresholds had been pushed up. Quote, 0:17:30.800 --> 0:17:34.639 bracket creep has been a helpful stabilizing force over the 0:17:34.680 --> 0:17:40.560 past three years, contributing significantly to the automatic stabilizing influence 0:17:40.640 --> 0:17:45.600 of the tax system. Now, let me again put that 0:17:45.680 --> 0:17:50.639 into normal people speak. If they take more of your money, 0:17:51.400 --> 0:17:53.560 you have less money to spend. Now, despite the fact 0:17:53.560 --> 0:17:55.680 that if you had more of your money you might 0:17:56.119 --> 0:18:00.320 save it or yes, put it on bills, or yes, 0:18:00.359 --> 0:18:03.199 put it into renovations, because you know, you're allowed to 0:18:03.240 --> 0:18:06.960 live a life. But instead the government turns around and says, 0:18:07.000 --> 0:18:09.240 give us a gold star because we're keeping more of 0:18:09.280 --> 0:18:09.919 your money. 0:18:11.040 --> 0:18:11.200 Now. 0:18:11.240 --> 0:18:13.320 This is despite the fact that they'll turn around and say, oh, 0:18:13.480 --> 0:18:15.760 there's some average tax cuts thirty six bucks, but they're 0:18:15.800 --> 0:18:18.520 so small that they get replaced by the people who 0:18:18.640 --> 0:18:20.639 end up earning more money and being pushed into a 0:18:20.720 --> 0:18:23.919 new tax bracket. And if you think the government is poor, 0:18:24.160 --> 0:18:27.359 how a look at this. The Australian Bureau Statistics, you 0:18:27.359 --> 0:18:30.640 know that far right wing think tank. They put out 0:18:30.640 --> 0:18:33.840 a list this week of just how much taxation money 0:18:33.880 --> 0:18:35.920 including the GSD, the federal government has made over the 0:18:35.960 --> 0:18:39.080 past few years. Just before the pandemic was four hundred 0:18:39.119 --> 0:18:41.560 and forty seven billion. During the pandemic it was four 0:18:41.600 --> 0:18:44.680 hundred and eighty one billion, and then five hundred and 0:18:44.720 --> 0:18:47.720 fifty billion first year out of the pandemic, and upon 0:18:47.760 --> 0:18:51.120 a change of government, six hundred and eighteen bo billion dollars. 0:18:53.040 --> 0:18:54.560 So they can talk about the tax cuts as much 0:18:54.560 --> 0:18:57.240 as they like. They're getting more revenue than ever before, 0:18:58.280 --> 0:19:00.600 so they're not even robbing Peter to pay per. They're 0:19:00.800 --> 0:19:05.119 taking some cream, but then expecting you to earn a 0:19:05.119 --> 0:19:08.280 little bit more money, which means you start adding to 0:19:08.320 --> 0:19:10.560 the cake of how much money that comes through. In fact, 0:19:10.600 --> 0:19:12.440 Samantha Maiden one of her stories, she was trying to 0:19:12.440 --> 0:19:14.080 get up, and she wrote a few days about it, 0:19:14.119 --> 0:19:17.000 but not too many people picked up on it. Was 0:19:17.040 --> 0:19:18.480 the amount of people that are going to be affected 0:19:18.480 --> 0:19:22.480 by bracket creep into the next few years shows that 0:19:22.560 --> 0:19:24.320 on this hand we're giving, but on the other hand, 0:19:24.359 --> 0:19:26.320 we're taking, and we're going to take a fair amount. 0:19:26.359 --> 0:19:31.000 In fact, Jim Charmers, big, bigger, better tax cuts also 0:19:31.119 --> 0:19:34.320 increase personal income tax receipts by twenty eight billion dollars. 0:19:34.359 --> 0:19:38.040 Why because people move up a tax bracket. When they 0:19:38.040 --> 0:19:40.560 redefine the tax bracket, you go up the tax bracket, 0:19:40.600 --> 0:19:42.840 you end up paying more tax, which apparently is great 0:19:42.840 --> 0:19:48.120 to fight inflation. Meantime, on the overall issues, the only 0:19:48.160 --> 0:19:50.119 issue that people care about in Australia, of course, that 0:19:50.280 --> 0:19:55.040 being certainly in terms of the economy, the cost of living, inflation. 0:19:55.560 --> 0:19:58.160 It's flow on when it comes to paying off your 0:19:58.200 --> 0:20:03.000 house and the deserve bank rates, which are clear there now. 0:20:03.080 --> 0:20:06.520 Last night I told you that hotter than expected figures 0:20:06.520 --> 0:20:08.840 when it came to inflation. I went through those for 0:20:08.960 --> 0:20:12.040 you saw that people were now starting to suggest that 0:20:12.080 --> 0:20:13.439 the first time that there's going to be any sort 0:20:13.440 --> 0:20:14.760 of easy give interest rates is not going to be 0:20:14.840 --> 0:20:19.080 until November twenty twenty five. Repeat November twenty twenty five. 0:20:20.240 --> 0:20:23.960 That's where we are right now. Of course, at the 0:20:24.080 --> 0:20:28.240 first of July is when the tax cut scenario starts 0:20:28.240 --> 0:20:33.520 to kick in, the power rebate for mansions kicks in, 0:20:33.560 --> 0:20:37.439 and a whole bunch of other brand new government spending. Well. 0:20:38.200 --> 0:20:41.520 The suggestion there is that that, of course will also 0:20:41.680 --> 0:20:45.880 add to inflation. Financial review they put this about why 0:20:46.160 --> 0:20:49.440 we are now looking at interest rates going up before 0:20:49.480 --> 0:20:51.679 they start to go down. The suggestion they don't go 0:20:51.760 --> 0:20:55.600 down until November twenty five. Now, I won't bore you 0:20:55.600 --> 0:20:57.359 with all of the details there, but put simply their 0:20:57.359 --> 0:21:01.480 suggestion now is we have gone from twenty percent chance 0:21:01.520 --> 0:21:03.639 of a rise to a twenty seven percent chance of 0:21:03.680 --> 0:21:07.760 a rise now, and that to happen by September this year. 0:21:08.840 --> 0:21:13.000 So already you are being squeezed by interest rates. There's 0:21:13.040 --> 0:21:17.280 a chance the squeeze will get worse, then gets slightly better, 0:21:17.480 --> 0:21:20.359 and I mean slightly better, but you are still choking. 0:21:21.240 --> 0:21:23.440 And that's the scenario that the government thinks they will 0:21:23.440 --> 0:21:26.960 get re elected for now. Of course, when they came 0:21:27.320 --> 0:21:30.480 to office, one interest rate rise, so yeah, bit of 0:21:30.480 --> 0:21:34.679 pressure for some, but twelve interest rate rises, potentially thirteen 0:21:34.840 --> 0:21:39.160 interest rate rises. And remember the Reserve Bank has said 0:21:39.200 --> 0:21:41.880 that even best case scenario, you will be paying seventy 0:21:41.960 --> 0:21:45.560 five percent of the increases that you have on interest 0:21:45.640 --> 0:21:51.560 rates by twenty twenty six. So it feels like it 0:21:51.600 --> 0:21:53.560 may get worse before it gets better. But does that 0:21:53.600 --> 0:22:00.679 surprise you under a Labor government now, to speculate was 0:22:00.760 --> 0:22:02.639 and we sat here on budget night thinking my, hang on, 0:22:02.960 --> 0:22:05.000 are they starting to put something together that looks like 0:22:05.000 --> 0:22:07.959 they could get towards an early election. I also remember 0:22:08.000 --> 0:22:10.600 saying in and around that time that the real giveaway 0:22:10.720 --> 0:22:13.160 about when they will give the tools to the Prime 0:22:13.160 --> 0:22:17.240 Minister to go for an election will be when they 0:22:17.280 --> 0:22:21.359 start to change the numbers in the Senate. Now, the 0:22:21.359 --> 0:22:24.040 way this works was that the Labor Party had a 0:22:24.080 --> 0:22:27.439 review into the last election. It came up with things 0:22:27.520 --> 0:22:30.359 like banning the amount of money the Teals could raise 0:22:30.400 --> 0:22:33.679 and that the Teals could spend, and that every single 0:22:33.800 --> 0:22:37.000 party would be capped in every single seat. And as 0:22:37.000 --> 0:22:39.439 I told you, that also is advantaging the Labor Party 0:22:39.680 --> 0:22:43.119 because unions are completely independent from the Labor Party, despite 0:22:43.119 --> 0:22:47.000 the fact that they are half of the Labor Party's constitution. 0:22:48.640 --> 0:22:52.480 The other thing was that they wanted to add extra 0:22:52.560 --> 0:22:56.680 senators to the Parliament. They wanted to add an extra 0:22:56.880 --> 0:23:02.280 two senators to the Northern Territory and to the Act 0:23:02.520 --> 0:23:10.520 because currently they only have two each. So Don Farrell 0:23:11.040 --> 0:23:12.640 was the man who was trying to put this new 0:23:12.680 --> 0:23:15.280 system in place, and he's had a bit to say 0:23:15.320 --> 0:23:18.880 in the past couple of days, including that he's been 0:23:18.880 --> 0:23:22.080