WEBVTT - Paul Murray Live | 20 August 0:00:00.240 --> 0:00:06.920 From the Skyinging Center. This is Paul Murray Live. Thank you, Sherry, 0:00:06.920 --> 0:00:09.200 thanks for watching this Tuesday night. So much to get 0:00:09.200 --> 0:00:11.240 to I need four hours. Let's try and do it 0:00:11.280 --> 0:00:13.840 in one tonight. A story you may will not have 0:00:13.880 --> 0:00:15.840 heard of. It's top of the tree right now. It's 0:00:15.840 --> 0:00:19.360 skyonies dot com that an the disgraceful behavior of a 0:00:19.440 --> 0:00:22.000 Greens senator going about as low as you could possibly 0:00:22.040 --> 0:00:25.079 go in defense of unions. Wait till you see this. 0:00:26.120 --> 0:00:29.120 Biden was shoved out the side door at the convention 0:00:29.200 --> 0:00:31.560 that was supposed to lock him in for another election 0:00:31.680 --> 0:00:34.760 in four years as president. And the great Nigel fars 0:00:34.840 --> 0:00:38.400 Joints is because tonight is no sooks, no lefties. You'll 0:00:38.400 --> 0:00:41.120 love it, love every second of it. But first, huge 0:00:41.200 --> 0:00:45.760 news today in and around aged care. Now, the Agecare 0:00:45.840 --> 0:00:50.080 Minister Anika Wells has been playing games with the future 0:00:50.479 --> 0:00:53.240 of many people that are watching this show right now, 0:00:53.560 --> 0:00:55.440 the people that are on the verge of age care 0:00:55.880 --> 0:00:58.200 or their kids who will inevitably end up at some 0:00:58.320 --> 0:01:01.880 point in their lives having to deal with aged care. Now, 0:01:02.320 --> 0:01:06.440 December last year we told you that there was a 0:01:06.480 --> 0:01:10.440 plan that the Labor Party was seriously considering which was 0:01:10.480 --> 0:01:13.759 to increase the amount of user pay in the age 0:01:13.800 --> 0:01:17.679 care system where so called wealthy people and of course 0:01:17.720 --> 0:01:19.640 that's defined by not how much money you have in 0:01:19.640 --> 0:01:23.600 the bank, but say the value of your house. That 0:01:23.720 --> 0:01:25.960 this would end up being a major factor in how 0:01:26.040 --> 0:01:28.680 much you would have to pay for aged care. This 0:01:28.840 --> 0:01:31.800 was December. We were supposed to get the report at 0:01:31.800 --> 0:01:33.920 the very start of the new year, but the Dunkly 0:01:33.959 --> 0:01:38.640 by election meant that it was pushed way past that 0:01:38.760 --> 0:01:41.199 by election because the reality of what they were planning 0:01:41.240 --> 0:01:45.240 to do may well have affected that by election. Well, 0:01:45.520 --> 0:01:48.800 we now know that as a result of the Greens 0:01:49.800 --> 0:01:55.360 who are hunting specifically Anneka Wells and her seat of Lily, 0:01:55.440 --> 0:01:59.040 the former Wayne Swan seat in Brisbane, we are about 0:01:59.080 --> 0:02:01.920 to get a hard turn to the left when it 0:02:02.040 --> 0:02:06.000 comes to how people will be charged for aged care. 0:02:07.720 --> 0:02:12.400 This is the reporting that happens this afternoon. Boomers facing 0:02:12.600 --> 0:02:18.480 user pay aged care as labor give grounds in secret talks. Now, 0:02:18.520 --> 0:02:22.320 remember these negotiations are exactly like most other things that 0:02:22.400 --> 0:02:25.800 take place, which is non disclosure agreements. Everyone has to 0:02:25.800 --> 0:02:27.920 shut up. Everyone does shut up because they don't want 0:02:27.960 --> 0:02:30.800 to annoy a government, a government that has the capacity 0:02:31.000 --> 0:02:33.960 to give them extra funding, to cut their funding, to 0:02:34.040 --> 0:02:39.360 increase their regulation or drop their regulation. Now, again, this 0:02:39.520 --> 0:02:42.400 is a huge story because of its consequences. And I 0:02:42.440 --> 0:02:45.600 don't care what they said last week, last month, or 0:02:45.680 --> 0:02:50.400 last year. Something is changing behind closed doors in order 0:02:51.800 --> 0:02:54.720 for this thing to pass through the Parliament, either with 0:02:54.880 --> 0:02:58.920 Greens or potentially even with Coalition support. Now, if that 0:02:59.160 --> 0:03:04.040 means that more people are going to have more money 0:03:04.360 --> 0:03:06.720 taken out of what is left over after the sale 0:03:06.760 --> 0:03:10.000 of a home, or they're being sent higher bills because 0:03:10.040 --> 0:03:12.400 of the value of their home, a home they may 0:03:12.440 --> 0:03:15.120 well have lived in for decades and you have not 0:03:15.200 --> 0:03:18.600 seen a cent of that worth. It's all money on paper, 0:03:19.000 --> 0:03:22.639 but that paper will count into how much you will 0:03:22.680 --> 0:03:26.600 have to pay for the care in the final years 0:03:26.600 --> 0:03:29.800 of your life. This is huge. Again, I read from 0:03:29.840 --> 0:03:32.639 this story Labour has given ground in hard fought talks 0:03:32.639 --> 0:03:36.720 with the Coalition to overhaul age care services for hundreds 0:03:36.760 --> 0:03:41.480 of thousands of older Australians, clearing a key obstacle towards 0:03:41.480 --> 0:03:46.280 a new regime that asks wealthier people to pay for 0:03:46.400 --> 0:03:49.280 more of their care. Now, as you notice here, the 0:03:49.280 --> 0:03:53.720 negotiation seems to be happening between Team read and Team Blue. Now, 0:03:53.720 --> 0:03:56.800 if Team Blue is going to create a scenario where 0:03:57.320 --> 0:04:00.600 they are going to increase the user pays system, well 0:04:00.600 --> 0:04:02.520 we're going to have our problems and we'll haul all 0:04:02.560 --> 0:04:04.880 of the relevant people over the coals. But of course 0:04:04.920 --> 0:04:07.000 the other path here, if they don't get the coalition 0:04:07.320 --> 0:04:10.560 is to go to the Greens. They of course will 0:04:10.560 --> 0:04:14.800 reset this even higher, because remember, they believe in estate taxes, 0:04:15.280 --> 0:04:20.320 They believe in taxation on what you leave to your 0:04:20.440 --> 0:04:23.800 family members after you are gone. They believe in a 0:04:23.880 --> 0:04:29.720 war on intergenerational wealth. And they are hunting this minister. 0:04:29.760 --> 0:04:32.320 They want her seat, so she is going to try 0:04:32.400 --> 0:04:36.320 to cut them off at the pass again. Hopefully I'm 0:04:36.320 --> 0:04:39.320 told everything's wrong by this time tomorrow night. But this 0:04:39.440 --> 0:04:40.839 was the government that told us they were going to 0:04:40.839 --> 0:04:42.400 tell us at the start of the year. They didn't. 0:04:42.560 --> 0:04:44.400 This was the government that said the family home wasn't 0:04:44.440 --> 0:04:47.120 part of it. We'll guess what's now back into the conversation. 0:04:48.279 --> 0:04:55.080 The worth of your home now also inside these negotiations 0:04:55.880 --> 0:04:59.200 is a disgraceful backflip on one of the few ideas 0:04:59.279 --> 0:05:02.560 that were good ideas when they came into office. Now, 0:05:02.600 --> 0:05:05.000 I shouted the roof down a few months ago when 0:05:05.040 --> 0:05:09.280 we learned that one in four people in age care 0:05:09.320 --> 0:05:14.560 are malnourished. That number climbs way higher once people start 0:05:14.600 --> 0:05:17.800 to have things like dementia. But my apologies, four in ten, 0:05:18.200 --> 0:05:23.400 forty percent, four in ten of people in age care 0:05:23.440 --> 0:05:28.640 are malnourished. It's six out of ten for people who 0:05:28.800 --> 0:05:33.839 may well be dementia patients. Now, one of the ways 0:05:34.080 --> 0:05:37.440 that this government was going to try to shock anyone 0:05:37.520 --> 0:05:41.640 involved in age care into delivering a better quality of care, 0:05:41.920 --> 0:05:46.000 which includes better food, was for the people who run 0:05:46.080 --> 0:05:50.719 those age care companies to be held criminally responsible if 0:05:50.720 --> 0:05:55.520 the care falls and the organization is declared to be negligent. 0:05:56.600 --> 0:06:01.200 But guess what that now is off the table. Two. 0:06:02.200 --> 0:06:05.360 Back to the Herald article, the federal government has backed 0:06:05.360 --> 0:06:08.000 away from its plan to impose criminal penalties on nursing 0:06:08.040 --> 0:06:12.680 home directors who fail essential standards after age care providers 0:06:12.720 --> 0:06:17.080 and the Coalition warned that the sanctions went too far. Well, 0:06:17.120 --> 0:06:21.080 I think when four out of ten people are malnourished, 0:06:21.480 --> 0:06:24.120 six out of ten people are malnourished if they have 0:06:24.200 --> 0:06:27.719 something like dementia, well, that is a huge failure of 0:06:27.760 --> 0:06:32.560 the organizations that get billions of dollars in revenue. Some 0:06:32.800 --> 0:06:34.960 then end up running at a profit, some end up 0:06:35.040 --> 0:06:38.960 running at a loss. But the reality is, if you 0:06:39.080 --> 0:06:41.599 scrape and save your whole life to buy a house, 0:06:41.920 --> 0:06:44.960 you do everything you can, like taking care of the gardens, 0:06:45.200 --> 0:06:48.440 adding on a roof, improving it so that when you 0:06:48.560 --> 0:06:50.720 sell it it's worth more than when you bought it, 0:06:51.120 --> 0:06:53.560 and the majority of that money then goes to essentially 0:06:53.600 --> 0:06:57.440 private companies. For you to have a four in ten 0:06:57.600 --> 0:07:00.960 chance of not having good enough food, well that is 0:07:01.000 --> 0:07:03.640 a system that must change. If the way to shock 0:07:03.680 --> 0:07:07.000 them into it is serious penalties, well then I'm all 0:07:07.040 --> 0:07:09.720 for it, and I'm all fine with it. We will 0:07:09.720 --> 0:07:11.400 find out where this goes and the next day or so. 0:07:11.600 --> 0:07:15.800 I understand that right now the function is in and 0:07:15.840 --> 0:07:18.440 around visas, and I'll talk about that in some detail tonight. 0:07:18.520 --> 0:07:21.800 But can someone somewhere ask a question of the role 0:07:21.880 --> 0:07:26.440 of the family home in a changed, greater user pay 0:07:26.560 --> 0:07:29.880 system when it comes to age care. I'll certainly ask 0:07:29.960 --> 0:07:31.840 behind the scenes, and we'll ask as many as we 0:07:31.880 --> 0:07:34.040 can to do it in front of the cameras. We'll 0:07:34.040 --> 0:07:36.280 report back tomorrow night for you on exactly what's going 0:07:36.320 --> 0:07:39.560 to take place. There now. As you know, last night 0:07:39.600 --> 0:07:41.480 we had some fun with the idea that when Barnaby 0:07:41.520 --> 0:07:49.720 Joyce says that somebody's asook, he had to apologize. Prime 0:07:49.720 --> 0:07:57.280 Minister has the court withdrawn reporter to assist the House. 0:07:57.320 --> 0:08:00.080 I'm going to invite the thank you the member. I 0:08:00.120 --> 0:08:06.320 knew it withdraw. But when labor say it, nobody asks 0:08:06.360 --> 0:08:07.280 for it to be withdrawn. 0:08:08.440 --> 0:08:11.800 And the leader of the Opposition has moved this motion 0:08:11.920 --> 0:08:15.520 today because the man is irresponsible and a sook. 0:08:16.120 --> 0:08:20.320 I'm moved that the debate be adjourned. The question is 0:08:21.720 --> 0:08:24.320 the debate be adjourned? I'll put the question those opinions 0:08:24.680 --> 0:08:27.720 say I now again, I don't care about the use 0:08:27.720 --> 0:08:29.120 of the words sook. I've used it here tonight. No 0:08:29.200 --> 0:08:33.160 sook's no lefties. It does not hurt my glass jaw 0:08:33.320 --> 0:08:35.319 or feeble little feelings. I don't have a problem with 0:08:35.360 --> 0:08:38.800 the word sook. Okay for obvious reasons. But it's yet 0:08:38.840 --> 0:08:40.800 again an example about one rule for them and one 0:08:40.840 --> 0:08:42.679 rule for everyone else. One of the great things brom 0:08:42.720 --> 0:08:46.200 and Bishop has said over the years. It's absolutely true. Well, 0:08:46.240 --> 0:08:48.400 another example of it flows around about some of the 0:08:48.440 --> 0:08:51.360 stuff that's pushing around Canber right now, and of course 0:08:51.360 --> 0:08:52.839 we see it in question Time and each and every 0:08:52.880 --> 0:08:54.400 day that this government is well and truly on the 0:08:54.400 --> 0:08:57.920 back foot when it comes to the visa situation. Spectacular 0:08:57.960 --> 0:09:00.440 reporting by the way from Sharing Markson about the lack 0:09:00.480 --> 0:09:03.480 of vetting that is taking place in some scenarios and 0:09:03.600 --> 0:09:07.079 the use of tourist visas as opposed to humanitarian or 0:09:07.120 --> 0:09:09.920 refugee visas is again disgraceful, and we'll get to that 0:09:10.559 --> 0:09:13.400 a little later in the night. But of course the 0:09:13.440 --> 0:09:15.440 government is running around and telling everyone it can in 0:09:15.440 --> 0:09:17.439 the media that somehow there's a problem with Peter Dutton 0:09:17.480 --> 0:09:19.600 because as we know last week he said hard ban 0:09:19.720 --> 0:09:23.000 on anyone from Gaza. Then of course he's now walked 0:09:23.000 --> 0:09:25.760 it back. In fact, he even brought an opinion piece 0:09:25.800 --> 0:09:27.760 to that very point to make it nice and clear 0:09:27.760 --> 0:09:30.520 what the position of the government, of the potential government is, 0:09:30.760 --> 0:09:32.559 which is, yeah, okay, some people from Gaza, but not 0:09:32.600 --> 0:09:35.000 everyone from Gaza, and there's got to be extensive vetting. 0:09:35.440 --> 0:09:37.040 No one would have a problem with that. Oh, but 0:09:37.160 --> 0:09:40.240 apparently it's flip flopping and it's a disgrace when it's 0:09:40.280 --> 0:09:43.360 Peter Dutton. But of course it's another example of the 0:09:43.400 --> 0:09:45.840 one rule for them, one rule for everyone else. Well, 0:09:45.920 --> 0:09:48.400 let's go back to when Albo was helping out his 0:09:48.440 --> 0:09:53.120 mate Alan Joyce when it came to their position that 0:09:53.160 --> 0:09:55.760 the Qatar Airlines should not be landing more flights in Australia. 0:09:55.800 --> 0:09:57.960 Why because we mean fewer people would potentially be flying 0:09:58.000 --> 0:10:04.280 to Europe on among other airlines, principally Quantus. Remember way 0:10:04.280 --> 0:10:06.640 back when when the Labor Party actually admitted that they 0:10:06.679 --> 0:10:09.320 blocked this in order to protect Quantus's profit. It was 0:10:09.320 --> 0:10:10.920 one of those issues where they had a different story 0:10:10.960 --> 0:10:15.520 every day. Stephen Jones, significant minister in that government, said 0:10:15.840 --> 0:10:17.920 we can drive prices down, but if we drive them 0:10:17.920 --> 0:10:20.560 down to a level where it's actually unsustainable to run 0:10:20.600 --> 0:10:22.840 an airline instead of having two carriers, we will design 0:10:22.840 --> 0:10:25.240 our markets in ways which will make it unsustainable for 0:10:25.320 --> 0:10:29.120 the existing Australian based carrier code. We're doing it to 0:10:29.200 --> 0:10:33.120 save Quantus's bottom line. We see, because of course he's 0:10:33.120 --> 0:10:35.640 in the Labor Party, so he gets a redo, but 0:10:35.720 --> 0:10:38.920 it doesn't not allowed to redo. The Labor Party allowed 0:10:38.960 --> 0:10:41.679 to redo. National Party can't say sook, but the Labor 0:10:41.679 --> 0:10:44.959 Party can say sook. He came here on the air 0:10:45.000 --> 0:10:46.880 of Sky News to try to clean up the quotes 0:10:47.240 --> 0:10:50.680 where he said that he'd been misconstrued by his very 0:10:50.720 --> 0:10:54.400 own words. One rule for them, So if they can 0:10:54.480 --> 0:10:57.199 change their story halfway through, Dutton can two. 0:10:58.600 --> 0:11:00.320 Come And I made a couple of days ago has 0:11:00.320 --> 0:11:04.240 been completely misconstrued by some. I've made the uncontroversial comment 0:11:04.320 --> 0:11:06.920 that we need all of our airline in all of 0:11:06.920 --> 0:11:09.960 our airline operators to be viable and profitable. 0:11:10.760 --> 0:11:12.520 But just as I said last night, the idea that 0:11:12.559 --> 0:11:15.200 the Labor Party is fine for the visa conversation to 0:11:15.200 --> 0:11:17.800 go for another week. They are getting smashed up by 0:11:18.040 --> 0:11:21.120 the minute. Here was question after question after question of 0:11:21.120 --> 0:11:23.520 which they had four fifths of bugger or answers to 0:11:25.480 --> 0:11:26.040 by Minister. 0:11:26.200 --> 0:11:29.720 How many of the two nine hundred visas from Gaza 0:11:30.080 --> 0:11:34.120 have been canceled? How many of the two nine hundred 0:11:34.240 --> 0:11:38.280 visas from Gaza have been canced? How many of the 0:11:38.320 --> 0:11:42.760 two nine hundred visas of people on shore from Gaza 0:11:43.160 --> 0:11:46.080 have been canceled? Mister Speaker, I seek your ruling whether 0:11:46.200 --> 0:11:48.959 the Prime Minister is relevant to the question he was asked. 0:11:49.840 --> 0:11:52.319 But the best thing that happened in Parliament today Bob Catter, 0:11:52.559 --> 0:11:55.480 great question about how much money may well be going 0:11:55.520 --> 0:11:58.679 towards the twenty thirty two Olympics. But my particularly favorite 0:11:58.679 --> 0:12:03.040 detail is watch the short haired, gray haired green behind 0:12:03.200 --> 0:12:06.680 Bob Catter completely freaked out that he's defending Christians. 0:12:08.160 --> 0:12:12.600 Doesn't federal government backing of Brisbane's Olympics confiscate thirty billion 0:12:12.640 --> 0:12:16.720 off North and Central Queensland's coal and copper miners, Canaan 0:12:16.840 --> 0:12:21.240 cattle farmers, giving it to the IOC, whose Paris opening 0:12:21.360 --> 0:12:28.880 ceremony was I quote an augiastic pagan ritual denigrating Christianity treasurer. 0:12:28.960 --> 0:12:34.319 Didn't Christians abolish slavery, create from a brutal imperium pax 0:12:34.440 --> 0:12:40.240 romana from the dark ages there naissance didn't Communism murder. 0:12:39.960 --> 0:12:41.480 Seventy eight million people. 0:12:41.800 --> 0:12:47.880 Didn't Christian Gorbachev the Pope the Charlie Wilson's Christians abolished Communists? 0:12:48.440 --> 0:12:53.920 Didn't pagan rituals sacrifice children to the tree and crocodile gods? 0:12:54.920 --> 0:13:01.200 Do such rituals still live on? I love you, Bob, 0:13:01.240 --> 0:13:03.200 look for deving on the show very very soon and 0:13:03.240 --> 0:13:06.200 of course full support to Robbie catterap katters Australian Party 0:13:06.200 --> 0:13:08.400 in the Far North in the upcome in Queensland election. 0:13:08.400 --> 0:13:10.000 Will have a chat to him before that polling day 0:13:10.040 --> 0:13:13.640 comes around as well. Now, remember when interest rates went 0:13:13.720 --> 0:13:17.000 up in May twenty twenty two, the then Shadow Treasurer 0:13:17.240 --> 0:13:19.040 said the sky was falling in and it was all 0:13:19.040 --> 0:13:20.079 Scott Morrison's fault. 0:13:21.400 --> 0:13:24.080 This is a full blome cost of living crisis on 0:13:24.120 --> 0:13:28.119 Scott Morrison's watch. When things are going well in the economy, 0:13:28.360 --> 0:13:31.199 he takes all of the credit, and when times are 0:13:31.200 --> 0:13:34.880 tough in the economy, he takes none of the responsibility. 0:13:35.920 --> 0:13:39.040 Of course, Jim Chalmers has come to resemble that exact quote, 0:13:39.040 --> 0:13:41.160 which he may well have been repeating about himself in 0:13:41.200 --> 0:13:46.200 the Mirror, because while there was one under the previous government, 0:13:47.040 --> 0:13:52.480 there have been twelve under this government. And if it 0:13:52.559 --> 0:13:55.680 was true the first time, it is true this time 0:13:56.679 --> 0:13:59.680 in June in twenty twenty two, this time in July 0:14:00.160 --> 0:14:03.000 that same year, it's just as true. In August it's 0:14:03.040 --> 0:14:04.880 just as true. In September it's just as true. In 0:14:04.920 --> 0:14:07.960 October it's just as true. In November it's just as true. 0:14:07.960 --> 0:14:11.839 In December. It's just as true in February of last year, 0:14:12.040 --> 0:14:15.240 in March of last year, of May, in last year 0:14:15.520 --> 0:14:19.320 of June of last year. In November of last year, 0:14:19.800 --> 0:14:24.240 there have been a dozen rate rises under this government, 0:14:24.280 --> 0:14:27.000 the government that promised to do something about cost of living. 0:14:27.480 --> 0:14:33.120 Twelve times it has gone up yet the political conventional 0:14:33.160 --> 0:14:36.320 wisdom is if it goes up the thirteenth time, that 0:14:36.400 --> 0:14:39.200 will be when Australians will have had enough of the 0:14:39.240 --> 0:14:42.480 economic management of the bloke who gave us a preview 0:14:42.720 --> 0:14:46.120 of his attitudes towards being the Treasurer before he was 0:14:46.120 --> 0:14:49.200 the Treasurer. In fact, let's play it again, Jim Charmers 0:14:49.480 --> 0:14:53.240 when interest rates went up once under the previous government, 0:14:53.480 --> 0:14:56.240 and now is this Jim Charmers really telling us what 0:14:56.280 --> 0:14:59.280 he truly thinks about his own government? They've gone up 0:14:59.320 --> 0:15:00.600 twelve times. 0:15:02.000 --> 0:15:04.640 This is a full blome cost of living crisis on 0:15:04.680 --> 0:15:08.680 Scott Morrison's watch. When things are going well in the economy, 0:15:08.920 --> 0:15:11.760 he takes all of the credit, and when times are 0:15:11.760 --> 0:15:15.480 tough in the economy, he takes none of the responsibility. 0:15:16.480 --> 0:15:18.560 Now, the reason I mentioned all of this yet again 0:15:19.680 --> 0:15:21.560 is because of the reality of what people are sitting 0:15:21.600 --> 0:15:24.800 in right now. I talk about the inflation python they 0:15:24.800 --> 0:15:27.600 claim credit because it's not getting any worse. Well, it 0:15:27.680 --> 0:15:31.800 is already turning people Rybina purple, and it has been 0:15:32.360 --> 0:15:36.440 for a couple of years now. Well, the Reserve Bank, 0:15:36.520 --> 0:15:39.160 we got to see some of the minutes inside just 0:15:39.280 --> 0:15:44.600 how close the thirteenth was, Just how close we came 0:15:45.120 --> 0:15:48.480 to the thirteenth one, the one that would apparently pop 0:15:48.640 --> 0:15:52.080 the blood vessels of Australians when it comes to this government. 0:15:52.680 --> 0:15:55.440 The Reserve Bank and Michelle Bullock have also made it 0:15:55.560 --> 0:16:03.600 clear no rate cut this none. So you may well 0:16:03.640 --> 0:16:06.160 hear ramp and speculation here, there and everywhere. Well again 0:16:06.200 --> 0:16:09.400 according to the minutes of the Reserve Bank, that is 0:16:09.520 --> 0:16:13.640 of course a governor handpicked by this government, that is 0:16:13.640 --> 0:16:16.720 holding on for grim life before it gets swept away 0:16:16.760 --> 0:16:19.920 replaced by people more friendly, including the unions, towards what 0:16:19.960 --> 0:16:25.160 the government wants to do. The reality is this close 0:16:26.000 --> 0:16:29.080 is how we came to yet another interest rate rise. 0:16:29.160 --> 0:16:31.520 Let me read from the stories about this today in 0:16:31.520 --> 0:16:36.200 the Australian, which include extracts of the minutes. The Reserve 0:16:36.240 --> 0:16:39.720 Bank seriously considered an immediate increase to the cash rate 0:16:39.800 --> 0:16:44.800 in August and how a rate cup before the end 0:16:44.840 --> 0:16:48.400 of the year would actually keep inflation above the target 0:16:48.880 --> 0:16:54.400 until twenty twenty seven. This ain't I of anytime soon. Kids. 0:16:55.680 --> 0:16:57.880 They said it was time to get rid of the 0:16:57.960 --> 0:17:04.840 last mob. After one interest rate rise. Twelve later, the 0:17:04.880 --> 0:17:08.440 case is twelve times as clear about the economic mismanagement 0:17:08.480 --> 0:17:11.679 of this government. Minutes from the Central Bank's August meeting 0:17:12.119 --> 0:17:15.720 reaffirmed that the RBA's Governor Michelle Bullock's view that rate 0:17:15.800 --> 0:17:18.919 relief is unlikely to be delivered until twenty twenty five 0:17:20.320 --> 0:17:23.040 and shed new light on how close they came to 0:17:23.119 --> 0:17:25.879 hiking it. Quote given members that being every one of 0:17:25.920 --> 0:17:28.000 the Reserve Bank who makes the decision around this is 0:17:28.040 --> 0:17:31.080 not just the Reserve Bank governor. They agreed to the 0:17:31.080 --> 0:17:34.480 commitment to prioritize returning inflation to target that is between 0:17:34.520 --> 0:17:39.359 two and three percent. Remember we had a month where 0:17:39.400 --> 0:17:43.240 it was over four percent. We had a quarter where 0:17:43.280 --> 0:17:44.879 it was closer to four percent than it was to 0:17:44.920 --> 0:17:50.959 three percent. Now all of those things would justify an 0:17:50.960 --> 0:17:56.399 immediate increase in the cash rate. This matters because the 0:17:56.520 --> 0:18:00.960 people who are just holding on. Anyone who is just 0:18:01.080 --> 0:18:04.360 holding on to the side of the cliff eventually loses 0:18:04.480 --> 0:18:08.879 the strength to do so. A third of Australians have 0:18:08.880 --> 0:18:10.600 paid off their own house. Well done to you you 0:18:10.680 --> 0:18:14.080 worked hard. A third of Australians are paying off a 0:18:14.119 --> 0:18:17.639 house right now and they are frightened. A third are renting, 0:18:17.680 --> 0:18:20.359 presumably in properties that are either outright owned by somebody 0:18:20.359 --> 0:18:23.119 who's already worked hard to pay it off, or are 0:18:23.160 --> 0:18:26.080 being paid off by somebody who most likely has another mortgage. 0:18:27.240 --> 0:18:34.560 That means that under elbows rate rises five hundred thousand 0:18:34.560 --> 0:18:37.439 dollars loan, that's the average loan in Australia. Fourteen and 0:18:37.440 --> 0:18:40.399 a half thousand dollars is what you have had to 0:18:40.480 --> 0:18:44.720 find since May of last year May of twenty twenty two. 0:18:44.960 --> 0:18:46.920 A seven hundred and fifty thousand dollars loan you've had 0:18:46.920 --> 0:18:51.720 to find, twenty one thousand dollars, a million dollars you've 0:18:51.720 --> 0:18:55.119 had to find thirty thousand dollars you didn't have behind 0:18:55.119 --> 0:18:57.719 the couch. Now you've found it because you haven't had 0:18:57.720 --> 0:19:00.560 to sell your house yet, but you've had to go without. 0:19:00.640 --> 0:19:02.760 And what may well have been very comfortable from the 0:19:02.800 --> 0:19:05.000 fifteenth of the month, the fifteenth of the month becomes 0:19:05.000 --> 0:19:07.480 a little bit uncomfortable in week four, and then a 0:19:07.480 --> 0:19:09.960 little bit uncomfortable in week three, and for many people 0:19:10.119 --> 0:19:14.920 very uncomfortable. Even a few days after they are paid. 0:19:15.400 --> 0:19:17.800 It is why two little too late tax cuts don't 0:19:17.840 --> 0:19:22.120 touch the sides. It's why pretending the twenty five dollars 0:19:22.400 --> 0:19:25.800 for every mansion or one bedroom unit when it comes 0:19:25.840 --> 0:19:27.880 to its power bills does not touch the sides because 0:19:27.880 --> 0:19:30.960 the increases from the government that was supposed to bring 0:19:31.000 --> 0:19:34.800 them down is way higher than those numbers. It's all 0:19:34.880 --> 0:19:36.800 just so they have billions of dollars that have been 0:19:37.119 --> 0:19:39.320 pittled up against the wall. So they have a slogan 0:19:39.359 --> 0:19:44.480 for an election, don't buy it, don't forget. When this 0:19:44.760 --> 0:19:48.320 python was squeezing, they took the fifteen hundred dollars off 0:19:48.800 --> 0:19:54.000 ten million taxpayers. They rerouted that to a biden Esque 0:19:54.080 --> 0:19:56.879 scheme of forgiving student debt. I'll give you the tip. 0:19:57.200 --> 0:20:02.919 They were already voting for you, Albo and Jim. We 0:20:03.040 --> 0:20:06.880 also learn that one of the consequences of the squeeze, 0:20:07.320 --> 0:20:10.200 you've heard a big light, A big squeeze that has 0:20:10.200 --> 0:20:12.879 been going on for too long, a couple of years, 0:20:13.200 --> 0:20:17.440 and a chance as the RBA is now talking about, 0:20:17.600 --> 0:20:20.879 not just of twenty twenty four, twenty five, twenty six, 0:20:21.119 --> 0:20:26.680 but maybe twenty twenty seven. So that is literally two 0:20:26.800 --> 0:20:31.440 elections away, one due next year and then potentially, yes, 0:20:31.440 --> 0:20:34.280 you could have another one in twenty twenty seven. This 0:20:34.520 --> 0:20:38.600 is madness that we are in right now. And I'll 0:20:38.600 --> 0:20:40.439 tell you why the people in Canberra couldn't give a 0:20:40.440 --> 0:20:44.119 tuppence razu. And it's not just because they're swimming around 0:20:44.119 --> 0:20:45.719 in money, but it's because the people around them are 0:20:45.720 --> 0:20:50.160 swimming in money as well. Today we learn yet again 0:20:50.880 --> 0:20:54.440 from the organizations who do not receive the same sort 0:20:54.480 --> 0:20:58.320 of government support because allegedly there's no votes in it 0:21:00.240 --> 0:21:03.280 as businesses that are going to greenify the future or 0:21:03.560 --> 0:21:05.880 make things like solar panels in austral all the rest 0:21:05.880 --> 0:21:11.280 of it. Right, four million used to be three point 0:21:11.320 --> 0:21:16.560 seven four million people are having trouble putting food on 0:21:16.560 --> 0:21:24.800 the table. Wake up, Wake up Canberra. This is so 0:21:25.000 --> 0:21:28.000 front and center, and we are the frogs in the 0:21:28.040 --> 0:21:29.800 pot that Okay, if it was boiling like this, we 0:21:29.800 --> 0:21:33.480 wouldn't go anywhere near it from a couple of years ago. 0:21:33.760 --> 0:21:37.480 Well it's boiling, baby, and we're the ones that are 0:21:37.520 --> 0:21:41.840 suffering right now. Are staggering. Three point seven million Australian 0:21:41.880 --> 0:21:44.320 households have reported struggling to put food on the table 0:21:44.320 --> 0:21:46.399 in the last twelve months, and we told you a 0:21:46.480 --> 0:21:47.880 version of this number when it came from the good 0:21:47.880 --> 0:21:50.400 people of Food Me. This time it's a new organization 0:21:50.440 --> 0:21:54.560 called at Work Australia. It also noticed that between August 0:21:54.560 --> 0:21:57.720 twenty twenty two February twenty three, inflation was at a 0:21:57.960 --> 0:22:03.160 thirty three year high, fifty three percent of Australian struggle 0:22:03.240 --> 0:22:09.439 to afford basic needs like food and shelter. Why is 0:22:09.480 --> 0:22:12.080 this not the first question in question time? Why is 0:22:12.119 --> 0:22:14.119 this not the thing that they hammer a prime minister 0:22:14.160 --> 0:22:17.159 about in a press conference? Why is this something that 0:22:17.280 --> 0:22:19.760 is not the talk of the halls of the building 0:22:19.760 --> 0:22:22.800 that allegedly is filled with the people who represent us. Well, 0:22:22.840 --> 0:22:26.240 of course, the Prime Minister has paid six hundred thousand dollars. 0:22:27.119 --> 0:22:29.280 He's got not one, but two brand new jets that 0:22:29.359 --> 0:22:31.320 are coming his way. Yes, ordered by the previous government, 0:22:31.359 --> 0:22:33.320 but not canceled by him. The cost of that four 0:22:33.359 --> 0:22:37.600 hundred and fifty million dollars the Voice referendum, four hundred 0:22:37.640 --> 0:22:40.920 and fifty million dollars so he could buy a place 0:22:40.960 --> 0:22:45.480 in history. Of course, politicians have got not one, not two, 0:22:45.520 --> 0:22:49.760 but three pay rises. Public servants have received the largest 0:22:49.800 --> 0:22:54.240 pay increases in a decade. So unsurprisingly, many of the people, 0:22:54.280 --> 0:22:55.880 and I know they are good public servants who often 0:22:55.920 --> 0:22:57.480 watch this show and go Paul, not all of us, 0:22:57.560 --> 0:22:59.600 but you get my point. When we're speaking about many 0:22:59.640 --> 0:23:02.000 of your cop leagues, why are they not worrying about 0:23:02.000 --> 0:23:03.320 any of this because they get a pay rise. It's 0:23:03.320 --> 0:23:05.600 the biggest in a decade. Just let the MPs get one. 0:23:05.800 --> 0:23:09.000 And now today the people who work at Parliament as well, 0:23:09.280 --> 0:23:13.200 the parliamentary staffers team Red, team Blue, team Yellow, team Green, 0:23:13.240 --> 0:23:17.160 what are all of them? Massive pay rises and cultural 0:23:17.280 --> 0:23:20.440 leave on top of everything else, domestic violence leave which 0:23:20.480 --> 0:23:24.679 I support in the obvious, mental health days, personal all 0:23:24.720 --> 0:23:28.960 of that stuff right the federal government. Apparently this is 0:23:28.960 --> 0:23:32.160 the maximum pay rise that is allowed under the rules. 0:23:32.840 --> 0:23:36.720