WEBVTT - Paul Murray Live | 11 September 0:00:00.240 --> 0:00:07.280 From the Skyinging Center. This is Paul Murray Live, Oho, Mate, 0:00:07.360 --> 0:00:09.160 What a lot of show we've got for you tonight, 0:00:09.200 --> 0:00:11.200 no knucking around. Had a fun day watching the debate 0:00:11.200 --> 0:00:13.760 with grita panicky highlights are up all nowtsky news dot 0:00:13.760 --> 0:00:16.159 com dot are you tonight on the show. Lots to 0:00:16.200 --> 0:00:19.600 get to, including a change of the way things are 0:00:19.600 --> 0:00:22.000 playing out in the Senate. This is going to become 0:00:22.040 --> 0:00:24.720 a big story as we get closer to an election. 0:00:24.960 --> 0:00:27.400 There is method to my madness. I'll explained it all 0:00:27.520 --> 0:00:29.840 in a moment or two time. We've got an insight 0:00:29.880 --> 0:00:31.600 today about just how hard it is to find a 0:00:31.640 --> 0:00:36.120 rental property some parts of Australia is well, frankly virtually 0:00:36.200 --> 0:00:40.199 statistically impossible. And about that debate analyst Nielsen life in 0:00:40.240 --> 0:00:43.600 the United States. As the spin continues and the reaction 0:00:43.880 --> 0:00:47.519 still comes in. Now, in a moment, I will go 0:00:47.560 --> 0:00:50.000 into the deep dive that you come to expect from 0:00:50.040 --> 0:00:52.559 me about all things to do with American politics on 0:00:52.600 --> 0:00:56.560 particularly significant days, but off the top, about this debate. 0:00:57.160 --> 0:01:00.240 Ignore anyone who tells you Kamala Harris is completely killed 0:01:00.280 --> 0:01:02.120 off Donald Trump, and ignore anyone who says Trump had 0:01:02.120 --> 0:01:05.039 the greatest day of his life. Now, for obvious reasons, 0:01:05.760 --> 0:01:08.240 people all go back into the corners Team red, team blue, 0:01:08.319 --> 0:01:12.199 in many ways male female. But remember the main point 0:01:12.520 --> 0:01:14.960 of this debate was that Kamala Harris at some point 0:01:15.080 --> 0:01:17.000 had to say what she was going to do with 0:01:17.040 --> 0:01:20.600 four years should she become the president. She ignored some 0:01:20.600 --> 0:01:24.560 fundamental questions. The fact checking, of course, was ridiculous. I 0:01:24.560 --> 0:01:28.440 think the side eye wasn't that fantastic. And the cutaway 0:01:28.440 --> 0:01:30.440 shots of course of Donald Trump at times looking a 0:01:30.440 --> 0:01:34.200 bit to cranky, tired, peed off, whatever, all of those things, 0:01:34.200 --> 0:01:37.640 while they all play into the amateur psychologist in all 0:01:37.680 --> 0:01:40.560 of us. But I can't get past the people who 0:01:40.600 --> 0:01:43.440 were running the debate. Now, I told you last night 0:01:43.480 --> 0:01:46.440 that an analysis of their version of the six PM News, 0:01:46.520 --> 0:01:49.960 which that guy on the left is the presenter for 0:01:50.720 --> 0:01:53.400 David Muir is his name or Democrat Dave as my 0:01:53.520 --> 0:01:58.360 dear friend was saying today. Well, they had the opportunity 0:01:58.400 --> 0:02:02.000 to decide where this debate went. Now again, if you're 0:02:02.080 --> 0:02:04.520 arguing about the referees rather than talking about the game, 0:02:04.680 --> 0:02:06.640 you can say that you're trying to change the subject. 0:02:06.720 --> 0:02:11.720 But the point is that this was as anti Trump 0:02:11.960 --> 0:02:15.320 a scenario for him to be in and rather than 0:02:15.360 --> 0:02:18.320 me explain my rage, our dear friend Meghan Kelly, this 0:02:18.480 --> 0:02:20.920 was her immediate take. This is why I love this 0:02:21.080 --> 0:02:23.520 lady and I'm so honored to have her honor show 0:02:23.800 --> 0:02:27.320 each and every week when she is here. Because this 0:02:27.520 --> 0:02:30.400 was her instant analysis. She didn't have to wait five hours, 0:02:30.440 --> 0:02:32.359 six hours the next day to come up with it. 0:02:32.639 --> 0:02:36.120 She nailed one of the fundamental problems with what we 0:02:36.160 --> 0:02:37.800 all watched in the middle of the day today. 0:02:39.440 --> 0:02:46.280 I'm disgusted. I'm disgusted. I'm ashamed of those moderators at 0:02:46.320 --> 0:02:50.600 ABC News. They did exactly what their bosses wanted them 0:02:50.639 --> 0:02:54.200 to do. The person who runs ABC News is a 0:02:54.320 --> 0:03:00.680 close personal friend of Kamala Harris. Is response for Kamala 0:03:00.720 --> 0:03:06.120 Harris and her husband meeting, and they did Dana Walden's 0:03:06.120 --> 0:03:09.440 bidding tonight. It's very easy to look like you know 0:03:09.480 --> 0:03:14.800 what you're doing when both moderators are entirely on your side. 0:03:15.520 --> 0:03:18.520 Trump did the best he could under the circumstances, but 0:03:18.600 --> 0:03:22.080 it really was like three fighters in the ring pummeling 0:03:22.280 --> 0:03:25.520 one opponent, and Trump tried to take them all on. 0:03:26.919 --> 0:03:28.720 He did fine, He did as best as he could 0:03:29.919 --> 0:03:31.919 he was thrown a few times to the point where 0:03:31.919 --> 0:03:36.000 he was unnecessarily defensive and he was getting angry, and 0:03:36.080 --> 0:03:38.040 so was I. 0:03:38.120 --> 0:03:42.200 Megan was absolutely spectacular in real time. I love her intellect, 0:03:42.280 --> 0:03:45.200 I love her passion in a presentation style. I think 0:03:45.600 --> 0:03:47.680 he's based of anyone in front of a camera anywhere, 0:03:47.800 --> 0:03:50.839 bay it on television, online, or anywhere else. She is phenomenal. 0:03:51.280 --> 0:03:53.680 I love having her on the show. As for Donald Trump, well, 0:03:53.720 --> 0:03:56.440 he has responded this morning on Fox News. 0:03:58.040 --> 0:03:59.920 It was three to one. It was a rigged deal, 0:04:00.520 --> 0:04:03.160 as I assumed it would be, because when you looked 0:04:03.200 --> 0:04:07.520 at the fact that they were correcting everything and not 0:04:07.680 --> 0:04:10.880 correcting with her, and we knew it when it was 0:04:10.880 --> 0:04:13.760 one hundred percent good coverage for her over the last 0:04:13.840 --> 0:04:17.360 month or last year. I looked at it and only 0:04:17.440 --> 0:04:20.800 bad coverage of me. No matter what. The press is 0:04:20.839 --> 0:04:23.040 so dishonest in this country. It's amazing. 0:04:23.960 --> 0:04:25.840 We'll talk about it with our guests, We'll talk about 0:04:25.880 --> 0:04:28.359 it with analysts from the United States. As the news 0:04:28.400 --> 0:04:30.360 moves on from what happened last night, it's nine to 0:04:30.360 --> 0:04:32.159 eleven over there, so it'll be a different type of 0:04:32.200 --> 0:04:34.760 news day. But I'll have plenty more in a couple 0:04:34.760 --> 0:04:36.479 of moments, the deep dive that I promise you have 0:04:36.520 --> 0:04:38.280 not seen anywhere else. So you may have heard lots 0:04:38.279 --> 0:04:40.279 of other people's takes, this is the one that I 0:04:40.279 --> 0:04:43.039 hope that you sit with us, because there's plenty more 0:04:43.200 --> 0:04:45.640 in the show tonight. But let's talk about our own 0:04:45.640 --> 0:04:50.640 country first and foremost. The disgrace that was the protests 0:04:50.720 --> 0:04:58.360 in Melbourne today. The behavior of those people is absolutely disgusting. Now, 0:04:58.360 --> 0:05:00.960 you can have your views about war, you have your 0:05:01.040 --> 0:05:04.960 views about specific wars, but when you intentionally turn up 0:05:05.000 --> 0:05:09.680 wanting to punch on and hurl everything from excrement to 0:05:09.960 --> 0:05:14.440 acid at the police, you lose the average Australian. You 0:05:14.440 --> 0:05:18.599 would hope that you even lose the center left Australians 0:05:18.640 --> 0:05:23.400 who often give this nonsense cover. Today they turned on 0:05:23.560 --> 0:05:27.320 any and anyone they could. They laid into journalists, they 0:05:27.400 --> 0:05:30.600 laid into the people holding the cameras, and of course 0:05:30.720 --> 0:05:40.559 they confronted the police only to create mayhem. 0:05:41.560 --> 0:05:45.120 Is done that calling for an antise military weapons, that's 0:05:45.160 --> 0:05:52.400 where that is happening today for just being yeah, and 0:05:52.400 --> 0:05:55.239 we might just they're moving and police are obviously trying 0:05:55.279 --> 0:05:58.160 to keep ahead of them, ahead of ahead of their 0:05:58.200 --> 0:05:58.720 next move. 0:06:04.160 --> 0:06:05.440 You can see it here you go. 0:06:05.640 --> 0:06:08.400 They're quite literally throwing things at the police as they're 0:06:08.400 --> 0:06:09.240 trying to do their job. 0:06:10.640 --> 0:06:14.680 Honestly, Now, as always, police have to be incredibly patient 0:06:15.560 --> 0:06:19.760 when people are screaming in their face. Now, this is 0:06:19.800 --> 0:06:22.280 not about free speech and your right to protest. You 0:06:22.400 --> 0:06:25.479 have the right to protest, to protest passionately, but as 0:06:25.520 --> 0:06:28.080 soon as it starts to become an active clash, then 0:06:28.160 --> 0:06:32.360 I'm sorry, all bets are off. But we know there's 0:06:32.360 --> 0:06:34.680 a limit to how police can respond. But I just 0:06:34.720 --> 0:06:37.480 wanted to show you again some of how the police worked. 0:06:37.880 --> 0:06:39.840 And they did it from very early in the morning 0:06:39.960 --> 0:06:43.400 till after lunchtime. I thought they were very good. Now, 0:06:43.440 --> 0:06:45.520 at times, Victoria police can go too far. We all 0:06:45.560 --> 0:06:48.440 saw that during COVID. There is no way they went 0:06:48.480 --> 0:06:50.599 too far today. But of course the protest is to 0:06:50.600 --> 0:06:53.440 make sure this goes on and on and on claim 0:06:53.640 --> 0:06:56.360 they were the victims despite the fact I repeat, they 0:06:56.400 --> 0:07:01.280 threw everything from horsepoo to acid at police. 0:07:01.320 --> 0:07:07.360 Today, police under anti terrorism laws have had increased powers, 0:07:07.400 --> 0:07:10.960 which means they are using robber bullets, they're using Stunn grenades. 0:07:11.200 --> 0:07:14.200 We are seeing the use of excessive force and weapons 0:07:14.280 --> 0:07:18.040 to control crowds, which have been very clear from the beginning. 0:07:17.680 --> 0:07:18.520 That we are peaceful. 0:07:19.920 --> 0:07:22.880 You're not. You're not. You See what I never understand 0:07:22.920 --> 0:07:26.520 about these people is that if the cause is so important, 0:07:27.680 --> 0:07:30.160 then you would want to police your own crowd as 0:07:30.160 --> 0:07:32.840 soon as something starts to get out of control, and 0:07:32.880 --> 0:07:35.200 you'd tell those people to bugger off because they are 0:07:35.240 --> 0:07:39.360 not helping your cause. But instead they try to play 0:07:39.360 --> 0:07:42.720 that lefty mind trick. This is a peaceful protest. It's 0:07:42.760 --> 0:07:47.440 not peaceful when you're hurling stones at cops. It's not 0:07:47.600 --> 0:07:53.240 peaceful when you're hurling acid at police officers. For his part, 0:07:53.280 --> 0:07:57.000 the Chief Commissioner responded today about the allegations that they 0:07:57.040 --> 0:08:00.440 went too far, which of course were nonsense. He praised 0:08:00.440 --> 0:08:03.800 his own officers right down to every man, woman and horse. 0:08:05.240 --> 0:08:06.160 That's rubbish. 0:08:06.440 --> 0:08:12.760 We have conducted ourselves appropriately. We have conducted ourselves properly. 0:08:13.200 --> 0:08:15.880 I couldn't be prouder of the officers down there, and 0:08:15.920 --> 0:08:20.560 to see the way they used restraint when confronted by 0:08:20.680 --> 0:08:24.600 people intent on provoking violence and using violence. 0:08:25.680 --> 0:08:27.560 Now, let's talk about how we got here and why 0:08:27.600 --> 0:08:30.320 this protest took place. Today, there was a weapons conference 0:08:30.360 --> 0:08:33.600 which was at the Convention Center in Melbourne, that is 0:08:33.640 --> 0:08:36.040 in the heart of Melbourne. That makes it a pretty 0:08:36.080 --> 0:08:40.000 difficult area to turn around and police. Now, I understand 0:08:40.000 --> 0:08:41.880 the importance of the industry. I understand the size of 0:08:41.920 --> 0:08:45.640 the industry, and I understand Australia's role in the defense 0:08:45.720 --> 0:08:48.760 material industry. But why was this held in the middle 0:08:48.760 --> 0:08:52.120 of the city. Why wasn't this held either on the 0:08:52.240 --> 0:08:54.400 side of an airfield or the side of some sort 0:08:54.440 --> 0:08:57.560 of a base somewhere. We'll talk about that with our 0:08:57.600 --> 0:08:59.600 panel in a couple of minutes time, about whether where 0:08:59.640 --> 0:09:02.040 this was the right thing, not because they don't have 0:09:02.080 --> 0:09:05.960 a right to see the best parts of a fantastic 0:09:05.960 --> 0:09:09.480 city like Melbourne, but because it would make it harder 0:09:09.720 --> 0:09:14.040 for this bunch of looms to carry out and do 0:09:14.080 --> 0:09:17.280 what they did. But let's also roll back and look 0:09:17.320 --> 0:09:19.679 at some of the people who you assume these people 0:09:19.720 --> 0:09:23.240 actually vote for. Because the only significant political party in 0:09:23.280 --> 0:09:28.480 Australia that was calling out this defense exhibition is something 0:09:28.480 --> 0:09:31.840 that shouldn't be happening. Well, unsurprisingly it was the Greens. 0:09:32.760 --> 0:09:37.160 The Greens must go last if it means that the 0:09:37.160 --> 0:09:40.960 Liberal Party gets Labor MPs elected or it means that 0:09:41.040 --> 0:09:45.080 the Labor Party gets Liberals elected. Yes, that's what should happen. 0:09:45.880 --> 0:09:49.240 But these people should be wiped from the political map 0:09:49.600 --> 0:09:54.360 because they give cover and legitimacy to the nonsense that 0:09:54.440 --> 0:09:55.960 we saw today in Melbourne. 0:09:57.400 --> 0:10:01.040 Imagine making a profit every time something you'll company builds 0:10:01.440 --> 0:10:06.040 below as a human being into pieces. This is the 0:10:06.160 --> 0:10:09.920 horror of the global arms industry, and that industry is 0:10:09.960 --> 0:10:15.600 holding a gathering next week here in Australia and people 0:10:15.960 --> 0:10:21.640 are coming together in response. People are gathering for demonstrations 0:10:21.679 --> 0:10:25.640 and actions to call out this horrific industry and to 0:10:25.760 --> 0:10:27.720 condemn our government. 0:10:28.800 --> 0:10:31.640 Now let's see what happens tomorrow. You can still be 0:10:31.640 --> 0:10:33.720 absolutely passionate about what is happening on the other side 0:10:33.720 --> 0:10:36.640 of the world. But will any of these people turn 0:10:36.679 --> 0:10:38.960 around and say they went too far? No, it'll be 0:10:39.000 --> 0:10:40.920 the police went too far. When you and I both 0:10:41.000 --> 0:10:43.880 know the police don't start this stuff. Sadly they end 0:10:44.000 --> 0:10:46.280 up having to end it because of the way these 0:10:46.280 --> 0:10:51.320 people start this stuff. Unbelievable. Now let's talk again. While 0:10:51.320 --> 0:10:54.320 people were distracted by the news that was either happening 0:10:54.320 --> 0:10:56.680 on the streets of Melbourne today or happening over in 0:10:56.720 --> 0:10:59.240 the United States. There was a lot of other news 0:10:59.280 --> 0:11:00.520 around today and I want to get to some of 0:11:00.559 --> 0:11:03.120 it before I start again talking about that in later 0:11:03.200 --> 0:11:08.360 debate and discussion. And it becomes yet another example of 0:11:08.360 --> 0:11:11.320 what we have always known that when you import too 0:11:11.320 --> 0:11:14.640 many people to the country in order to fill in 0:11:14.679 --> 0:11:18.280 the Ponzi scheme the population creates for the federal government, 0:11:18.640 --> 0:11:21.840 you cause trouble in almost every suburb and certainly every 0:11:21.880 --> 0:11:24.040 city in the country. What am I talking about, No, 0:11:24.120 --> 0:11:26.880 not people who look different, sound different, or come from 0:11:26.920 --> 0:11:30.240 somewhere else. Literally, there are not enough homes in Australia 0:11:30.240 --> 0:11:33.559 for the people who are currently in Australia. We all 0:11:33.600 --> 0:11:35.280 know that for people who want to buy a house, 0:11:35.320 --> 0:11:38.079 and you definitely know it if you're renting one right now. 0:11:38.559 --> 0:11:41.080 In fact, we got this data today and world under 0:11:41.080 --> 0:11:42.760 real estate dot Com. That are you for pointing it 0:11:42.800 --> 0:11:48.400 out about real estate vacancies? Now, this is frightening about 0:11:48.400 --> 0:11:52.000 how few places there are available for rent in all 0:11:52.160 --> 0:11:55.760 of the country. The nation's rental vacancy rate was one 0:11:55.960 --> 0:11:59.520 point three nine percent, So of all of the housing stock, 0:11:59.600 --> 0:12:03.280 what was available for rent one point three nine percent. 0:12:03.320 --> 0:12:06.800 That's across the whole country. The whole joint conditions a 0:12:06.800 --> 0:12:10.240 remaining extremely challenging for renters. Let me show you what 0:12:10.320 --> 0:12:12.400 this is like. Maybe in your city or part of 0:12:12.440 --> 0:12:16.720 the country. Just one point six percent of all potentially 0:12:16.760 --> 0:12:20.840 available properties are available for rent right now in Sydney, 0:12:21.160 --> 0:12:26.240 basically the same in Melbourne, fewer in Brisbane and less 0:12:26.280 --> 0:12:32.160 than one percent right now in Hobart and Darwin. These 0:12:32.200 --> 0:12:35.240 are huge once you start to look at the regional numbers. 0:12:35.240 --> 0:12:38.440 There are fewer houses available for rent in Regional New 0:12:38.480 --> 0:12:41.480 South Wales than there are in Sydney Regional Victoria, than 0:12:41.520 --> 0:12:46.440 there are in Melbourne Regional Queensland than there are in Brisbane. 0:12:47.679 --> 0:12:51.640 This is a huge problem for our country. Now. The 0:12:51.640 --> 0:12:54.800 first and most important thing that you can do to 0:12:54.880 --> 0:12:58.480 make sure that those rental lines become shorter is to 0:12:58.559 --> 0:13:02.200 stop the number of people that are coming in. To 0:13:02.280 --> 0:13:04.960 certainly lower the number of people that are coming in, 0:13:06.360 --> 0:13:09.040 because we need to make sure that there are enough 0:13:09.080 --> 0:13:11.800 homes of all different shapes and sizes being built. But 0:13:11.880 --> 0:13:16.320 obviously that doesn't happen overnight. But what does happen overnight 0:13:16.559 --> 0:13:18.280 is that the four fifth of bugger all places that 0:13:18.320 --> 0:13:22.920 there are to rent. The line gets longer because each year, 0:13:22.960 --> 0:13:26.920 we bring in hundreds of thousands of extra people to 0:13:26.960 --> 0:13:29.200 the country. Now again they'll say you have to do 0:13:29.240 --> 0:13:31.800 it because of the skill shortage. Well, in part that's 0:13:31.800 --> 0:13:34.280 because generations of kids have been told you've got to 0:13:34.280 --> 0:13:37.560 go off to university get your BA rather than go 0:13:37.640 --> 0:13:42.760 to tafe and get a trade. And there's also scenarios 0:13:42.760 --> 0:13:47.000 here where you've got governments turning around and shutting down 0:13:47.040 --> 0:13:51.080 projects like the gold mine in Blaming in New South 0:13:51.120 --> 0:13:55.240 Wales that would create jobs, would create a reason for 0:13:55.280 --> 0:13:59.480 people to move away from the cities and create even 0:13:59.480 --> 0:14:01.840 more import for people to be building properties in those 0:14:01.880 --> 0:14:06.160 regional areas. This was huge news today and I get 0:14:06.160 --> 0:14:09.760 that the numbers sometimes can sort of fog over for us, 0:14:10.440 --> 0:14:14.200 but think about it. Every house, every unit, every townhouse, 0:14:14.280 --> 0:14:17.880 every studio, every granny flat in the country, what is 0:14:17.920 --> 0:14:21.960 available for rent right now one and a bit percent 0:14:22.720 --> 0:14:29.480 less than one percent in places like Hobart and Darwin. Now, 0:14:29.520 --> 0:14:32.520 also regarding the rental situation, the people who are in 0:14:32.720 --> 0:14:35.800 rental homes where we're finding a lot of people are 0:14:35.800 --> 0:14:38.960 being pushed out of them because of the interest rates 0:14:39.000 --> 0:14:42.200 that mean to pay off a home is now twelve 0:14:42.240 --> 0:14:45.680 times higher under this government than it was under the 0:14:45.720 --> 0:14:48.720 previous government. That's the number of interest rates under Albow 0:14:48.840 --> 0:14:51.440 and Charmers, and that of course means people are being 0:14:51.480 --> 0:14:53.240 booted out so they can push up the rent, meaning 0:14:53.400 --> 0:14:56.880 the people who are paying the rent are paying more 0:14:57.040 --> 0:15:00.600 than they can probably afford. So renters with un secured 0:15:00.680 --> 0:15:04.200 debt meaning they don't own anything. Okay, they might have 0:15:04.200 --> 0:15:06.760 things like credit cards or personal loans or hex's dead, 0:15:06.920 --> 0:15:09.480 but they don't, say, own a car that somebody can 0:15:09.520 --> 0:15:12.120 take off them. They definitely don't own a house or 0:15:12.240 --> 0:15:16.280 shares or something that a lending institution can take off them. 0:15:16.600 --> 0:15:19.480 Have been slogged with above inflation price hikes in the 0:15:19.520 --> 0:15:23.840 past few years amid the supply constraints and surging population. Again, 0:15:24.480 --> 0:15:28.120 this is another report on what we've been talking about 0:15:28.240 --> 0:15:30.720 week in, week out, month in, month out, because it matters, 0:15:31.240 --> 0:15:34.440 and they now make up nine in ten of personal 0:15:34.480 --> 0:15:38.880 insolvencies in Australia despite making up just twenty one percent 0:15:38.920 --> 0:15:42.640 of the population. So twenty one percent of the population 0:15:43.160 --> 0:15:47.000 are people who rent but don't own anything. Therefore they 0:15:47.000 --> 0:15:49.680 have unsecured debt because the debt becomes too much and 0:15:49.680 --> 0:15:53.960 they basically have to rule themselves bankrupt. Nine out of 0:15:54.440 --> 0:15:57.720 ten people who end up in that scenario are renters. 0:15:58.560 --> 0:16:01.760 The bloke who put the data together says that the 0:16:01.800 --> 0:16:05.440 government agency was bracing for fourteen eight hundred and fifty 0:16:05.480 --> 0:16:09.200 personal insolvencies, remember nine to ten of them being renters 0:16:09.640 --> 0:16:14.240 this year. That's up twenty five percent since last year. 0:16:15.200 --> 0:16:19.720 So these are the realities. These are the victims of 0:16:19.760 --> 0:16:24.280 the Albanezi and Charmers economy. These are also the people that, yes, 0:16:25.000 --> 0:16:28.560 are being affected by paying off a home being twelve 0:16:28.800 --> 0:16:32.680 times harder than it was under the previous government. Of 0:16:32.720 --> 0:16:34.720 course yes, that goes back through the RBA, but it 0:16:34.760 --> 0:16:37.120 all goes back to the government all the polls have 0:16:37.240 --> 0:16:41.160 told us, because it's true government responsibility in all of 0:16:41.160 --> 0:16:44.560 these areas. And those people that are lucky enough to 0:16:44.560 --> 0:16:46.440 have a job, regardless of whether they are paying off 0:16:46.480 --> 0:16:48.640 a house with it still living with mum and dad, 0:16:48.720 --> 0:16:52.360 living with mates, or in rental accommodation. Now, while there 0:16:52.400 --> 0:16:54.240 has not been a huge explosion in the number of 0:16:54.240 --> 0:16:56.040 people that have lost their jobs, there has been a 0:16:56.160 --> 0:17:00.320 very significant increase or should I say decree in the 0:17:00.320 --> 0:17:03.440 amount of hours that people are working. So remember, technically, 0:17:03.520 --> 0:17:05.280 to have a job in the country that we've got 0:17:05.280 --> 0:17:07.400 this nonsense where what one hour of work a week 0:17:07.440 --> 0:17:11.639 equals a job? Well, of course under employment that's the 0:17:11.640 --> 0:17:13.639 best part of what's six and a bit percent in 0:17:13.680 --> 0:17:18.320 the country, almost double the unemployment rate. Again the Reserve 0:17:18.359 --> 0:17:20.600 Bank with more data on that. We'll discuss that with 0:17:20.760 --> 0:17:23.040 Robin Bishop and Stephen Connery in a moment or two's time. 0:17:23.400 --> 0:17:25.920 And if you just want to double check how normal 0:17:25.960 --> 0:17:28.240 you are when it comes to the types of debts 0:17:28.240 --> 0:17:30.520 that you're trying to pay off now. Of course, remember 0:17:30.560 --> 0:17:32.840 we're going all the way from an eighteen year old 0:17:33.000 --> 0:17:35.800 either just out of school or starting off in UNI 0:17:35.880 --> 0:17:39.159 or tafe, all the way through to people of a 0:17:39.160 --> 0:17:43.200 certain age. So the averages are worth having a look at. Here. 0:17:43.240 --> 0:17:46.800 The reality for many people, certainly in that middle group 0:17:46.840 --> 0:17:50.240 of about let's say your late twenties to your late fifties, 0:17:50.359 --> 0:17:51.639 it's going to be higher than this. But have a 0:17:51.680 --> 0:17:54.000 look the average loans that we are trying to pay off. 0:17:54.480 --> 0:17:57.160 The average brand new home loan being written in Australia 0:17:57.160 --> 0:18:00.479 now is for six hundred and forty one thousand dollars. 0:18:02.040 --> 0:18:04.719 The average credit card debt that people have is about 0:18:04.760 --> 0:18:09.480 three thousand dollars. People taking out personal loans is twenty 0:18:09.520 --> 0:18:13.000 two and a half thousand dollars. Now, yes, you take 0:18:13.040 --> 0:18:14.960 them out for a whole collection of different reasons, but 0:18:15.040 --> 0:18:16.800 we know there are people that are taking out personal 0:18:16.840 --> 0:18:20.360 loans to, among other things, payoff debt like credit cards, 0:18:20.600 --> 0:18:22.719 or have enough money to be able to keep food 0:18:23.000 --> 0:18:26.000 on the table. The average hex debt is about twenty 0:18:26.040 --> 0:18:28.679 six thousand dollars and the people who do that buy now, 0:18:28.720 --> 0:18:30.960 pay later thing with massive interest rates. If you miss 0:18:31.000 --> 0:18:35.000 the payments, it's about nine hundred bucks. So yet another 0:18:35.520 --> 0:18:39.600 devastating insight into the reality of the economy under this government. 0:18:39.680 --> 0:18:43.600 Make no mistake, it is their responsibility. It is their fault. 0:18:46.040 --> 0:18:47.919 Thank you to a lot of people who reacted to 0:18:48.080 --> 0:18:50.280 what I showed you last night, which was why I 0:18:50.359 --> 0:18:53.959 have my views that social media for teenagers and definitely 0:18:54.000 --> 0:18:57.440 young people is as dangerous as drugs or smoking or 0:18:57.520 --> 0:19:01.040 drinking adults. You make whatever choices you want with it, 0:19:01.080 --> 0:19:04.080 but kids should be nowhere near this stuff. There has 0:19:04.160 --> 0:19:06.960 been an exponential rise in mental health issue since the 0:19:07.000 --> 0:19:10.320 introduction of the smartphone, and coupled with that the explosion 0:19:10.880 --> 0:19:14.560 of social media, the dependence on it in many ways, 0:19:14.640 --> 0:19:18.719 it works like a casino about dopamine. And again, if 0:19:18.720 --> 0:19:21.080 you'd like to see a great documentary about all of this, 0:19:21.680 --> 0:19:24.760 go on to Netflix and to be able to go 0:19:24.800 --> 0:19:27.080 and have a look at what's called the social dilemma. 0:19:27.080 --> 0:19:29.200 It talks a lot about how big tech companies work 0:19:29.359 --> 0:19:31.760 when it comes to our data. Where remember, if anything's 0:19:31.760 --> 0:19:36.560 free on the Internet, you I are the product, as 0:19:36.560 --> 0:19:39.320 well as a great insight into those dangers of social media. 0:19:39.920 --> 0:19:42.639 But again back to that idea, if it's free on 0:19:42.680 --> 0:19:48.280 the Internet, you and I are the product. Facebook Australians 0:19:48.280 --> 0:19:51.320 have been on this thing for well fifteen years at 0:19:51.320 --> 0:19:55.159 this point in time. Now certainly we're there with a 0:19:55.680 --> 0:19:58.440 Facebook page. It's a great way of getting information out 0:19:58.480 --> 0:20:01.440 to people. But be ful about what you have posted 0:20:01.600 --> 0:20:05.399 or have left posted on your Facebook page, because we 0:20:05.520 --> 0:20:10.800 learn today that the parent company of Facebook, Meta, which 0:20:10.840 --> 0:20:13.639 is now putting together its own AI system. That's that 0:20:13.680 --> 0:20:17.119 little circle that rolls around inside say your WhatsApp or 0:20:17.160 --> 0:20:20.560 your Instagram or your Facebook where you're able to with 0:20:20.640 --> 0:20:24.920 your mates asker to draw funny pictures, which is most 0:20:25.119 --> 0:20:27.840 people's use for it at the moment. Well, guess how 0:20:27.880 --> 0:20:32.200 the pictures that come back, are trained. They are trained 0:20:32.320 --> 0:20:37.359 to look like real things, because every single image you 0:20:37.400 --> 0:20:42.720 have ever posted to Facebook since it's started is being 0:20:42.800 --> 0:20:48.359 what's called scraped, otherwise known as used by Facebook to 0:20:48.480 --> 0:20:50.959 build this system. So while you think that it's an 0:20:51.000 --> 0:20:55.159 electronic notice board or bulletin board or a message between 0:20:55.200 --> 0:20:58.159 you and your family, yes that's true. But the reason 0:20:58.200 --> 0:21:01.840 it's free is because every photo that you post, they 0:21:01.880 --> 0:21:07.480 are able to collect worldwide, and they are able to 0:21:07.640 --> 0:21:11.040 use that to feed into this new artificial intelligence. It's 0:21:11.040 --> 0:21:13.439 not a conspiracy theory. It's not me making it up. 0:21:13.480 --> 0:21:18.280 It's their own admission. Today, when the Senate was pushing 0:21:18.320 --> 0:21:20.840 on this very issue, you will first see a Greens 0:21:20.960 --> 0:21:24.800 senator who is right on this issue nothing else but 0:21:24.920 --> 0:21:27.960 on this issue, is good and a representative of Facebook. 0:21:29.400 --> 0:21:32.399 The truth of the matter is that unless you consciously 0:21:33.000 --> 0:21:38.280 had set those posts to private since two thousand and seven, 0:21:40.160 --> 0:21:43.639 Meta has just decided you will scrape all of the 0:21:43.680 --> 0:21:48.159 photos and all of the text from every public post 0:21:48.280 --> 0:21:51.000 on Instagram or Facebook that Australians have sheared since two 0:21:51.000 --> 0:21:54.159 thousand and seven, unless there was a conscious decision to 0:21:54.200 --> 0:21:57.680 set them on private. That that's actually the reality isn't 0:21:57.720 --> 0:22:01.080 it correct? 0:22:03.840 --> 0:22:05.520 Thanks for the answer to that that is correct, and 0:22:05.720 --> 0:22:07.680 center shoe Bridge is rightly raise that point. 0:22:08.560 --> 0:22:10.800 Now you may have always had this feeling, Now it 0:22:10.920 --> 0:22:13.960 is confirmed. So what can you do if you've already 0:22:13.960 --> 0:22:15.879 posted things in the past. It is the world of 0:22:15.920 --> 0:22:19.560 too late. But what you can do is get a 0:22:19.680 --> 0:22:23.200 tech savvy friend to come around and work out how 0:22:23.440 --> 0:22:25.640 you can actually, with a couple of clicks, save every 0:22:25.640 --> 0:22:28.240 photo that you've ever posted on Facebook, and then you 0:22:28.280 --> 0:22:31.000 can slowly delete all of the photos from ten fifteen 0:22:31.080 --> 0:22:34.400 years ago if you'd like to get them offline. Also, 0:22:34.840 --> 0:22:38.080 you can set things to private. Always go through every 0:22:38.080 --> 0:22:40.000 couple of months. Have a look at those privacy settings 0:22:40.000 --> 0:22:42.479 because they magically change them, and they send you one 0:22:42.480 --> 0:22:45.199 of those fourteen thousand word things that we all just 0:22:45.600 --> 0:22:48.679 flick through and press okay. Because the flick through and 0:22:48.760 --> 0:22:53.879 okay means your photos are their photos, okay. And if 0:22:53.880 --> 0:22:56.560 you don't want them to be their photos, don't post them. 0:22:56.640 --> 0:22:59.320 But if you do, do it on private all right. 0:22:59.800 --> 0:23:01.359 Make sure that we're I get a text expert on 0:23:01.400 --> 0:23:03.200 in the next couple of days to walk you through 0:23:03.200 --> 0:23:06.720