WEBVTT - Paul Murray Live | 18 June 0:00:00.280 --> 0:00:07.200 From the Skyinging Center. This is Paul Murray Live, geta Gay, 0:00:07.240 --> 0:00:10.280 Happy Tuesday. So much to get to, including just how 0:00:10.320 --> 0:00:13.520 close we actually came to a rate hike today The 0:00:13.600 --> 0:00:16.440 Reserve Bank told us there wasn't even a discussion about 0:00:16.480 --> 0:00:18.439 cutting rates. To get to that in a second. Oh, 0:00:18.520 --> 0:00:20.799 Albo's still doing his best to suck up at the China, 0:00:20.840 --> 0:00:23.600 as you've heard all night tonight. And believe it or not, 0:00:23.680 --> 0:00:27.200 the plan to replace Biden, somebody's actually putting some details 0:00:27.200 --> 0:00:28.720 to it. I'll get to it all in a moment. 0:00:28.760 --> 0:00:31.200 But first I noticed as a national show, and I 0:00:31.240 --> 0:00:34.080 know it's always dangerous to lead with state politics, but 0:00:34.159 --> 0:00:36.360 there is a figure that is quite specific to our 0:00:36.400 --> 0:00:39.320 audience that I'm very sure you would know when I 0:00:39.360 --> 0:00:43.040 mentioned his name, Matt Kean. Matt Keener is the current 0:00:43.159 --> 0:00:46.680 shadow Health Minister because he was a very big reason 0:00:46.680 --> 0:00:48.840 why the Liberal Party lost to the last state election 0:00:48.920 --> 0:00:54.840 in New South Wales. Well today, this man, who was 0:00:54.880 --> 0:00:58.960 more comfortable in teal or green company, has decided that 0:00:59.000 --> 0:01:02.800 he is going to leave politics. He claims he's leaving 0:01:02.800 --> 0:01:06.360 all forms of politics and it is essentially immediately because 0:01:06.400 --> 0:01:11.360 there's a wonderful place for him apparently somewhere in the 0:01:11.680 --> 0:01:16.440 business community. But the effects of him on politics, not 0:01:16.480 --> 0:01:18.679 just in New South Wales but for liberal politics is 0:01:18.720 --> 0:01:20.520 something worth talking about because I feel it's a bit 0:01:20.520 --> 0:01:22.959 of a good ridden stay now. Today was the News 0:01:23.000 --> 0:01:25.400 of Wales budget and the budget was handed down by 0:01:25.400 --> 0:01:28.400 a Labor party that, yes, like every quote unquote new 0:01:28.440 --> 0:01:32.800 government is still blaming the former government, but very specifically today, 0:01:32.840 --> 0:01:35.440 before anyone even knew Matt Kean was going out the door, 0:01:35.920 --> 0:01:38.840 the current Treasurer, who's had his own problems, pretending that 0:01:39.120 --> 0:01:40.800 Donald Trump is the biggest threat of the New South 0:01:40.800 --> 0:01:44.240 Wales economy. Okay, settle Down was taking a shot at 0:01:44.360 --> 0:01:47.560 Matt Kean, who, because he couldn't become leader, had to 0:01:47.560 --> 0:01:51.040 settle for second best, and that was Treasurer to Dominique Perrote, 0:01:51.080 --> 0:01:54.840 while undermining Perote at every chance he could, and of 0:01:54.880 --> 0:01:56.640 course losing the election in the process. 0:01:58.400 --> 0:02:02.960 New South Wales can also stabilize its debt trajectory because 0:02:03.000 --> 0:02:07.200 the government is discontinuing the previous government's plans to borrow 0:02:07.560 --> 0:02:11.079 vast sums of money to artificially enlarge the New South 0:02:11.120 --> 0:02:15.760 Wales Generations Fund. Put simply, we will put an end 0:02:15.919 --> 0:02:19.200 to the fiction that by plunging the state further into debt, 0:02:19.600 --> 0:02:21.920 we will eventually get the state out of debt. 0:02:23.280 --> 0:02:26.760 But moments after the budget was released, Matt Keen decided, 0:02:26.800 --> 0:02:28.959 of course, to make it all about himself. Today was 0:02:29.000 --> 0:02:32.200 the day when he had to tell us what some 0:02:32.240 --> 0:02:33.960 people have been seeing for some time. But yeah, he's 0:02:33.960 --> 0:02:37.720 pulling the penies getting out of politics. Then he goes 0:02:37.760 --> 0:02:41.680 at the courtyards of Parliament, gets the cameras with him 0:02:41.720 --> 0:02:45.120 and of course steals the spotlight from the treasurer who 0:02:45.440 --> 0:02:48.200 replaced him. 0:02:47.840 --> 0:02:50.800 After thirteen years as the Member for Hornsby. I'll be 0:02:50.919 --> 0:02:53.000 retiring from parliament. 0:02:54.840 --> 0:02:57.520 So don't you love these people? There was an election 0:02:57.560 --> 0:02:59.640 a couple of years ago in New South Wales. He 0:02:59.680 --> 0:03:02.440 wanted to remain as the Treasurer of New South Wales. 0:03:03.000 --> 0:03:06.760 But of course, after losing the chance to be the treasurer, 0:03:06.960 --> 0:03:08.800 well then he didn't even want to be the leader. 0:03:09.320 --> 0:03:12.360 He basically hasn't done much as a shadow minister and 0:03:12.400 --> 0:03:15.960 now it's time to pull the pin. How different the 0:03:16.000 --> 0:03:18.640 world now is because he's not as powerful as he 0:03:18.720 --> 0:03:21.280 used to be. Now, while patting himself on the back 0:03:21.360 --> 0:03:24.080 like every politician going out the back door, he said this. 0:03:26.240 --> 0:03:30.160 I feel I made significant changes are positive changes in 0:03:30.360 --> 0:03:32.799 energy policy in my time as the Minister for Energy, 0:03:33.280 --> 0:03:35.880 so I intend on continuing to try and make an 0:03:35.880 --> 0:03:39.600 impact in the energy industry in the private sector. 0:03:41.520 --> 0:03:45.600 Now, the idea that a former minister going directly into 0:03:45.680 --> 0:03:50.200 the private sector of which they either helped generate through 0:03:50.440 --> 0:03:53.840 their policy or helped regulate through their policy would generally 0:03:53.880 --> 0:03:58.720 speaking be iffy. But of course, because his is all 0:03:58.760 --> 0:04:02.880 about energy and renewables, exactly what I have been saying 0:04:02.920 --> 0:04:05.400 all the time when he was pushing New South Wales 0:04:05.480 --> 0:04:08.720 over a cliff with a race towards renewables, that what 0:04:08.760 --> 0:04:12.120 he was really doing was burnishing his CV four what 0:04:12.200 --> 0:04:15.440 would eventually be his real future, and that would be 0:04:15.800 --> 0:04:19.120 something somewhere near the private sector. Well, all of that 0:04:19.160 --> 0:04:22.400 has now come out now, whether that's ethical or not, 0:04:22.480 --> 0:04:25.880 I think we can both agree whether it's legal or not. Well, 0:04:25.920 --> 0:04:31.000 of course, surprise, surprise, he's waited a magical two years 0:04:31.040 --> 0:04:34.559 since being a minister, So maybe the system now works 0:04:34.600 --> 0:04:37.040 in his favor that he can go and now work 0:04:37.160 --> 0:04:40.840 in the very sectors that he made decisions for that 0:04:40.960 --> 0:04:46.560 clearly were advantageous to those companies. With no intention at 0:04:46.600 --> 0:04:51.960 all of corruption, but a very convenient scenario that the 0:04:52.000 --> 0:04:55.479 industry that he helped grow through his decisions in government 0:04:55.520 --> 0:04:57.320 well becomes the one that he says he now wants 0:04:57.360 --> 0:04:59.440 to go off and work to in the private sector. Now, 0:04:59.440 --> 0:05:01.760 I don't know playing to run his own business. Is 0:05:01.760 --> 0:05:06.159 he's going to go and join fellow former lefty liberals 0:05:06.839 --> 0:05:09.360 running certain companies that of course then turn around and 0:05:09.440 --> 0:05:12.320 remember when it came to the ghost he and Mike 0:05:12.400 --> 0:05:15.680 cannon Brooks, who was a billionaire, was able to get 0:05:15.720 --> 0:05:18.920 money out of the federal government to help them build 0:05:19.000 --> 0:05:20.960 more solar panels. You see, if you know the system, 0:05:20.960 --> 0:05:22.839 then you know how to the system should work. Again, 0:05:23.560 --> 0:05:28.280 all strangely above board. But when he talks about wrapping 0:05:28.360 --> 0:05:32.440 himself for the energy grid, now we can remember that 0:05:32.480 --> 0:05:36.880 there was no other time in recent history when the 0:05:36.920 --> 0:05:42.320 citizens of our biggest state were being told to ration power. Now. 0:05:42.320 --> 0:05:44.560 This wasn't because we're in the middle of a world war. 0:05:44.640 --> 0:05:48.480 This wasn't because there was some giant accident that had 0:05:48.640 --> 0:05:52.479 knocked out part of the power system in a natural disaster. 0:05:53.320 --> 0:05:55.360 This was because it was going to be a day 0:05:55.400 --> 0:05:58.000 when lots of people were going to be using electricity 0:05:58.400 --> 0:06:01.560 because of the weather. And this is what Matt Kean 0:06:01.720 --> 0:06:05.280 said as the then Energy minister. This is what he 0:06:05.360 --> 0:06:07.920 is proud of when it comes to his legacy in 0:06:08.000 --> 0:06:10.560 New South Wales politics, whereas the rest of us that 0:06:10.600 --> 0:06:13.560 are watching on remember him pretty much only for this. 0:06:15.160 --> 0:06:17.719 So what we want to see is if there is 0:06:17.760 --> 0:06:21.440 an opportunity for people to reduce their energy usage, so 0:06:21.560 --> 0:06:24.160 perhaps not using the dishwasher until you go to bed 0:06:24.400 --> 0:06:25.120 that would help. 0:06:26.880 --> 0:06:28.960 Now, of course he claims that he's been thinking about 0:06:28.960 --> 0:06:31.680 this for some time. In fact, he actually said. 0:06:31.400 --> 0:06:34.919 That I've been thinking about this for some time. 0:06:36.160 --> 0:06:38.720 Really, how long is a long time? Because it was 0:06:38.760 --> 0:06:41.720 only a few weeks ago that he was proudly strutting 0:06:41.760 --> 0:06:44.799 the national stage on Q and A, representing the lefty 0:06:44.839 --> 0:06:47.279 liberal position and obviously getting a chance to put a 0:06:47.279 --> 0:06:50.760 few into Peter Dutton, particularly on nuclear policy. So if 0:06:50.760 --> 0:06:52.640 he was already planning to go on the way out, 0:06:52.680 --> 0:06:54.680 then he was planning a hit job. If he wasn't 0:06:54.680 --> 0:06:58.599 planning to go out the back door, well then he 0:06:58.760 --> 0:07:02.080 was telling a lie. Today. Now, anyone who knows Matt 0:07:02.160 --> 0:07:04.400 Kean knows that, of course he is an absolute creature 0:07:04.920 --> 0:07:08.279 of the factional system inside the Liberal Party. Now, the 0:07:08.279 --> 0:07:11.360 Liberal Party is just as factionally riven, if not more so, 0:07:11.480 --> 0:07:14.920 I would say, than the Labor Party. And basically because 0:07:15.000 --> 0:07:17.400 the Labor Party has a system where we keep our 0:07:17.440 --> 0:07:21.160 fights indoor, and even the people who we know are 0:07:21.240 --> 0:07:23.960 on the wrong side of the two thirds of the 0:07:23.960 --> 0:07:26.360 party that decide to make a different decision, you go 0:07:26.400 --> 0:07:29.600 out and argue publicly what the party's position is. Think 0:07:29.800 --> 0:07:32.280 Penny Wong remember when she had to pretend that she 0:07:32.520 --> 0:07:35.680 didn't think now was the right time for same sex marriage. 0:07:36.320 --> 0:07:37.960 But of course in the Liberal Party what ends up 0:07:37.960 --> 0:07:40.560 happening is that basically the Bedweaders, well, they end up 0:07:40.600 --> 0:07:43.960 going to the right, meaning that the lefties are the 0:07:43.960 --> 0:07:47.520 ones who constantly call out their own government. Or conversely, 0:07:47.560 --> 0:07:49.280 if the bed Wedders go with the left, then it's 0:07:49.320 --> 0:07:51.760 the right wing that ends up doing it. And the 0:07:51.800 --> 0:07:55.000 factional games inside the Liberal Party are ones that the 0:07:55.000 --> 0:07:58.080 Great John Howard has said are completely unnecessary and are 0:07:58.080 --> 0:08:01.280 beginning to cause permanent problems for the Liberal Party. Matt 0:08:01.320 --> 0:08:04.160 Kean's been involved in all of this, and Matt Kean 0:08:04.360 --> 0:08:08.160 was planning at one point to take his show to Canberra. 0:08:08.640 --> 0:08:11.160 He wanted to become a federal politician because the area 0:08:11.200 --> 0:08:14.000 that he represents in and around Sydney. While safe liberal 0:08:14.000 --> 0:08:17.520 states at the state level, these are areas that are 0:08:17.720 --> 0:08:22.280 kind of prime for potential deal growth going into the 0:08:22.360 --> 0:08:25.280 next federal election. Now, one of the reasons why Matt Kean, 0:08:25.320 --> 0:08:27.280 who was the then deputy leader of the Liberal Party, 0:08:27.280 --> 0:08:29.480 decided not to become the leader of the Liberal Party 0:08:29.520 --> 0:08:32.040 and that's opposition leader, apart from not wanting to do 0:08:32.080 --> 0:08:34.720 the hard work when no one's watching, was of course, 0:08:34.760 --> 0:08:37.440 because all eyes and even in the Turmbul Times, which 0:08:37.480 --> 0:08:42.520 often got exclusives either named or unnamed from people close 0:08:42.559 --> 0:08:45.400 to the Keen camp, made it pretty clear he wasn't 0:08:45.480 --> 0:08:47.720 running for the leadership because he was thinking about moving 0:08:47.720 --> 0:08:50.559 to federal politics. Now, there was one of two options 0:08:50.600 --> 0:08:54.400 that he was exploring. One was to boot out Julian 0:08:54.480 --> 0:08:57.720 Lisa in the seat of Barrera, but that isn't happening. 0:08:58.080 --> 0:09:01.240 So the possibility was that he was going to knock 0:09:01.280 --> 0:09:06.079 out Paul Fletcher in the seat of Bradfield. But then 0:09:06.120 --> 0:09:10.240 on Friday we saw perhaps the real reason why today 0:09:10.400 --> 0:09:12.840 was the announcement that apparently was a long time coming 0:09:12.960 --> 0:09:16.679 from Matt Keane, and that was that the boundaries have 0:09:16.840 --> 0:09:19.200 changed in New South Wales about the different types of 0:09:19.240 --> 0:09:22.120 seats and where the battle lines will be for the 0:09:22.120 --> 0:09:27.120 next federal election. The seat of Bradfield, which presumably was 0:09:27.160 --> 0:09:31.640 one with a low profile Teel candidate who however had 0:09:31.679 --> 0:09:34.160 set up an alternative MP's office as a way of 0:09:34.200 --> 0:09:37.480 sort of psychological warfare and stalking Paul Fletcher, but with 0:09:37.559 --> 0:09:40.080 no indications that Paul Fletcher was going to be going anywhere, 0:09:40.200 --> 0:09:43.360 and the boundaries changing and the former Member for North 0:09:43.360 --> 0:09:47.199 Sydney potentially becoming the candidate in Bradfield. Will guess who 0:09:47.280 --> 0:09:50.679 magically has decided that, after all of his options ran 0:09:50.720 --> 0:09:53.480 out when it came to federal politics, that now was 0:09:53.520 --> 0:09:56.400 the time to say he was getting out of state politics. 0:09:57.760 --> 0:10:00.680 The party is not better for his service. Yes, the 0:10:00.760 --> 0:10:05.520 faction the factional differences are deeper than ever. While he 0:10:05.559 --> 0:10:09.040 thought that he would be able to pull off, among 0:10:09.200 --> 0:10:11.840 other things, as a minister, bringing back the ghost of 0:10:11.840 --> 0:10:14.959 Malcolm Turnbull for a job in the New South Wales government, well, 0:10:14.960 --> 0:10:17.439 of course that got popped on the head. He was 0:10:17.480 --> 0:10:19.559 a bloke who when it came to energy policy, was 0:10:19.600 --> 0:10:22.480 more aggressive than any Teal in any parliament, he would 0:10:22.480 --> 0:10:25.120 be happier in the world of Greens. And now because 0:10:25.160 --> 0:10:27.080 of the way that our system is put together, he 0:10:27.120 --> 0:10:29.560 now gets to go off and make potentially millions of 0:10:29.559 --> 0:10:34.920 dollars in a sector that he helped turn greener. I'm 0:10:34.920 --> 0:10:37.560 sure he loves his family, I'm sure he loves his friends, 0:10:37.800 --> 0:10:39.400 and I know that it is only the left who 0:10:39.400 --> 0:10:42.280 assumes the worst in the human being they disagree with 0:10:42.400 --> 0:10:44.880 I don't. But when it comes to the public discourse 0:10:44.920 --> 0:10:46.880 and what he in part, in my view, did to 0:10:46.920 --> 0:10:49.680 the Liberal Party, including putting it in a position where 0:10:49.679 --> 0:10:51.800 they lost and lost badly at the last state election, 0:10:52.200 --> 0:10:58.840 good riddance, goodbye. The Reserve Bank met today and as 0:10:58.880 --> 0:11:00.400 you know, they don't meet every month, going to meet 0:11:00.440 --> 0:11:05.000 every few weeks. So when they meet, they obviously are 0:11:05.040 --> 0:11:07.559 going to make big decisions, big ups, big downs, or 0:11:07.559 --> 0:11:10.000 in this case, of course, they are holding for yet 0:11:10.160 --> 0:11:13.559 another month. Now, of course, that means that those of 0:11:13.640 --> 0:11:15.880 us that are in the middle of the mortgage squeeze 0:11:15.920 --> 0:11:20.360 are still as purple as Raybina, with the rates the 0:11:20.440 --> 0:11:22.360 highest they've been in the best part of a generation. 0:11:22.840 --> 0:11:25.520 So there is no relief. Well, the relief is that 0:11:25.559 --> 0:11:27.559 they didn't go up. There is no relief in still 0:11:27.600 --> 0:11:32.480 things being at modern highs tens of thousands of dollars 0:11:32.480 --> 0:11:34.400 that you've needed to find to try to pay a 0:11:34.480 --> 0:11:37.720 house off since Albanesi became the prime minister and Charmers 0:11:37.720 --> 0:11:41.400 became the treasurer. But interestingly, today, despite the fact that 0:11:41.559 --> 0:11:44.360 obviously we were told the federal budget was so amazing 0:11:44.400 --> 0:11:46.760 and there'd be no inflation re impact and in fact 0:11:46.800 --> 0:11:49.800 they'd be expecting a cut sooner rather than later, the 0:11:49.880 --> 0:11:52.840 Reserve Bank boss came out and said they didn't even 0:11:52.880 --> 0:11:56.680 discuss rate cuts, which meant they only discussed two things today, 0:11:57.280 --> 0:11:59.960 holding which is what they decided, or putting them up, 0:12:00.120 --> 0:12:03.440 which would be extraordinary. But here she is confirming that 0:12:03.520 --> 0:12:06.480 only two of three options were even discussed today. 0:12:08.040 --> 0:12:12.439 No, the case for a cut was not considered. 0:12:13.160 --> 0:12:16.559 Not even considered. So all of those predictions that we've 0:12:16.559 --> 0:12:18.360 been showing you from banks that expect things to be 0:12:18.360 --> 0:12:20.520 happening at best at the very end of this year 0:12:20.600 --> 0:12:23.960 or most likely midway through next year, means that the 0:12:24.000 --> 0:12:26.120 pain that you are feeling and had been feeling every 0:12:26.160 --> 0:12:30.080 month continues for many more months to come. In fact, 0:12:30.200 --> 0:12:32.840 the chance of a rate hike, as remote as it 0:12:32.880 --> 0:12:35.560 may seem because of the financial difficulties that most people 0:12:35.640 --> 0:12:39.280 are well Again, the Reserve Bank governor left the door 0:12:39.320 --> 0:12:42.319 open for things to get worse, for people paying their 0:12:42.320 --> 0:12:43.800 houses off before they get better. 0:12:45.720 --> 0:12:49.160 Recent data have been mixed, but overall I think they 0:12:49.200 --> 0:12:52.240 reinforce the need to remain vigilant to the upside risks 0:12:52.280 --> 0:12:55.440 to inflation. We still think we're on the narrow path. 0:12:56.360 --> 0:12:59.320 It does appear to be getting a bit narrower. We 0:12:59.400 --> 0:13:01.760 need a lot to go our way if we're going 0:13:01.800 --> 0:13:05.280 to bring inflation back down to the two percent target range. 0:13:05.920 --> 0:13:08.480 The Board does need to be confident that inflation is 0:13:08.520 --> 0:13:12.000 moving sustainably towards target and it will do what is 0:13:12.080 --> 0:13:15.000 necessary to achieve that outcome. 0:13:16.000 --> 0:13:18.200 Now, of course not an economist, but I read plenty 0:13:18.760 --> 0:13:21.320 about people's thoughts on the Australian economy and it is 0:13:21.440 --> 0:13:23.719 extraordinary to me that there's even any chance of a 0:13:23.840 --> 0:13:27.280 rate increase, because yet again more information about just how 0:13:27.320 --> 0:13:30.040 tough Australians are doing it comes on the very day 0:13:30.080 --> 0:13:33.439 where this meeting took place. Cost of living, as always 0:13:33.600 --> 0:13:36.679 politically but more importantly the real world, is the number 0:13:36.679 --> 0:13:40.079 one issue, as the living cost crunch causes credit stress. 0:13:40.200 --> 0:13:43.000 Why because people are starting to fall behind. A new 0:13:43.040 --> 0:13:46.680 report has concluding that four out of five Australians are 0:13:46.679 --> 0:13:50.720 suffering from high levels of bill stress, while separate statistics 0:13:50.760 --> 0:13:53.200 released by the Reserve Bank of Australia and the Banking 0:13:53.240 --> 0:13:58.920 Regulator highlight just how debt pressures a rising, specifically credit cards. 0:13:59.240 --> 0:14:01.520 For many people, this the way that they are trying 0:14:01.559 --> 0:14:06.400 to get through these dark days of albonomics. Meanwhile, the 0:14:06.400 --> 0:14:09.199 Reserve Bank figures out this month show that credit card 0:14:09.280 --> 0:14:13.760 debt attracting interest rates climbed for five months in a 0:14:13.840 --> 0:14:17.120 row and has jumped four hundred and fifty million million 0:14:17.160 --> 0:14:20.840 dollars since September. The outstanding amount that currently sits on 0:14:20.960 --> 0:14:26.120 cards around Australia seventeen billion dollars, current interest rate eighteen 0:14:26.240 --> 0:14:32.120 point three percent. That means that three point two billion 0:14:32.160 --> 0:14:35.280 dollars annual interest bill is currently what is being paid 0:14:35.280 --> 0:14:41.120 for by struggling households. But of course none of those 0:14:41.160 --> 0:14:43.840 households have anything to do with the people who run 0:14:43.920 --> 0:14:46.840 the Australian economy. As I told you first off, the 0:14:47.120 --> 0:14:49.800 first cap off the rank last night. The politicians are 0:14:49.840 --> 0:14:51.840 getting a pay rise, no matter how useless the Prime 0:14:51.880 --> 0:14:54.440 Minister can be, no matter how unhelpful many of his 0:14:54.520 --> 0:14:57.280 ministers are, and no matter how terrible the Treasurer is. 0:14:57.560 --> 0:15:01.840 They are getting yet another pay rise, the third since 0:15:01.880 --> 0:15:05.760 they came to office. It's the second biggest in a decade. 0:15:05.760 --> 0:15:08.000 That's because the last one they got was the biggest 0:15:08.000 --> 0:15:10.680 in the decade, and just after they came to power 0:15:10.760 --> 0:15:14.160 they also got a pay rise. That's three in a row. 0:15:14.800 --> 0:15:19.240 Have you got three in a row since twenty twenty two? 0:15:19.280 --> 0:15:22.280 Of course not, because they live in the complete other bubble. 0:15:23.320 --> 0:15:26.280 But then they pretend to understand your problems. They don't. Now, 0:15:26.280 --> 0:15:29.640 if these politicians were serious, someone anyone anywhere would come 0:15:29.680 --> 0:15:31.480 out and say, I don't want it, I don't accept it. 0:15:31.600 --> 0:15:33.640 Let's do something in the Parliament to make sure that 0:15:33.640 --> 0:15:37.480 they don't happen. But of course, unless the opposition does that, 0:15:37.520 --> 0:15:40.080 the government won't do it. In surprise, surprise, nobody seems 0:15:40.080 --> 0:15:43.760 to be interested in sending that real message that they care, 0:15:44.080 --> 0:15:46.800 that they don't really need the pay rise. But when 0:15:46.920 --> 0:15:49.480 the staff around them also get the pay rise, including 0:15:49.480 --> 0:15:52.120 the person who runs the Prime Minister's department, who will 0:15:52.120 --> 0:15:55.160 earn four hundred thousand dollars more than the Prime Minister. 0:15:56.600 --> 0:15:59.240 The public servant a million dollars, the Prime Minister six 0:15:59.320 --> 0:16:03.560 hundred thousand dollars. Meantime, it's not just the Polleys that 0:16:03.600 --> 0:16:06.560 are rolling in extra pay rises. What about the CFMEU. 0:16:07.280 --> 0:16:09.160 Now we heard this when it was a maybe. Well 0:16:09.200 --> 0:16:13.880 now it's been confirmed twenty one percent pay rise for 0:16:13.920 --> 0:16:17.440 people who work with the CFMEU, particularly on work sites 0:16:17.480 --> 0:16:19.840 in and around Victoria. But it won't be limited to 0:16:20.000 --> 0:16:23.680 just Victoria. This means you get the absurdity of people 0:16:23.680 --> 0:16:28.280 with the stop go signs getting paid two hundred thousand dollars. Now, 0:16:28.360 --> 0:16:32.040 this was all confirmed, surprise surprise by the union members today, 0:16:32.120 --> 0:16:35.400 including one of them who was saying twenty percent pay 0:16:35.480 --> 0:16:38.720 rise is over four years. That's not enough four rangers 0:16:38.720 --> 0:16:45.240 in the country. The apprentices all have four raptors. But 0:16:45.320 --> 0:16:48.680 as for the stop and go workers, the people who 0:16:48.800 --> 0:16:52.920 yes do it in the heat or the cold are 0:16:52.960 --> 0:16:56.280 also getting two hundred thousand dollars under the new deal. 0:16:56.880 --> 0:17:01.920 John Setka, the boss of the CFM, says, it's a 0:17:01.920 --> 0:17:05.080 pretty our job. People think just standing there with a 0:17:05.119 --> 0:17:07.600 lollipop sign and you're getting two hundred grand a year. 0:17:07.840 --> 0:17:13.680 They work massive hours when it's speeding down rain, there's 0:17:13.680 --> 0:17:17.360 concrete paorse going on. You can't just walk away. You're 0:17:17.359 --> 0:17:19.920 putting up with all sorts of lunatic drivers, You're putting 0:17:19.960 --> 0:17:24.600 up with trucks flying pasture. You're putting your life and 0:17:24.640 --> 0:17:28.240 some other drivers hands all the time, you know. So 0:17:28.320 --> 0:17:31.840 two hundred grand apparently is okay. Now, amazingly we hear 0:17:31.920 --> 0:17:34.120 tonight that the federal government is thinking about a law 0:17:34.160 --> 0:17:37.479 which way we'll end up breaking up parts of the CFMEU. Now, 0:17:37.520 --> 0:17:42.119 remember the CFWMEU is the maritime union together with the 0:17:42.160 --> 0:17:46.560 Construction Union, the Forestry Union and the mining Union. Apparently 0:17:46.560 --> 0:17:48.440 one of those sections is going to be broken off. Now. 0:17:48.440 --> 0:17:52.480 The CFMEU, of course, is part of the bobber Boy 0:17:52.560 --> 0:17:55.280 network of the labor movement. Now, of course they claim 0:17:55.320 --> 0:17:59.120 to be fully disassociated with the Labor Party, but how 0:17:59.119 --> 0:18:01.119 many of them do you reckon? Are out there campaigning 0:18:01.119 --> 0:18:04.399 for anyone but the left side of politics. So they 0:18:04.400 --> 0:18:06.359 can pretend that it's arm's length, they can pretend they 0:18:06.359 --> 0:18:10.520 don't get their donations, but they well and truly get 0:18:10.560 --> 0:18:13.400 their efforts each and every election. Watch this space. Can 0:18:13.440 --> 0:18:15.640 you believe it? Two hundred grand stop go penalty. Yes, 0:18:15.680 --> 0:18:21.840 I get it, you're outside two hundred thousand dollars. Now, 0:18:21.880 --> 0:18:25.119 often I take some time to try to explain to 0:18:25.760 --> 0:18:28.840 you how the sausages made, and just so they say 0:18:29.280 --> 0:18:31.200 how the sausage is made is kind of uncomfortable and 0:18:31.240 --> 0:18:34.399 you never really want to know what the ingredients are. Yeah, 0:18:34.480 --> 0:18:38.080 I'm going to show a version of that tonight because I, 0:18:38.280 --> 0:18:40.800 like most, if not all, people who talk about politics 0:18:40.800 --> 0:18:43.240 for a living, what we rely on polls to try 0:18:43.240 --> 0:18:45.320 to give us an idea of whether things are trending 0:18:45.359 --> 0:18:48.400 this way or trending that way. Now, I don't see 0:18:48.400 --> 0:18:53.959 them as absolute signs down to the half a percent 0:18:54.320 --> 0:18:57.720 about which what the actual thoughts are of people, but 0:18:57.760 --> 0:19:01.880 again certainly general trends. Now, as you know, the polls 0:19:01.880 --> 0:19:04.720 have been telling us something rather consistently for the past 0:19:04.960 --> 0:19:07.719 few months, and that's been kind. They've been telling us 0:19:07.760 --> 0:19:11.240 this for at least a year. But among other things, 0:19:11.520 --> 0:19:15.000 when it comes to cost of living, people's opinions are 0:19:15.040 --> 0:19:19.919 turning and turning hard against the federal government Again. Sydney 0:19:19.920 --> 0:19:22.600 Morning Herald, Channel nine newspapers not part of what we 0:19:22.640 --> 0:19:25.360 do here and often highly critical of what we do here. 0:19:25.480 --> 0:19:29.040 So we show you their polling as well as News poll, 0:19:29.280 --> 0:19:31.280 as well as the Morgan pole, as well as the 0:19:31.359 --> 0:19:34.640 Essential poll. We try to show you all of these 0:19:34.680 --> 0:19:37.200 different polls so again we can have a conversation based 0:19:37.200 --> 0:19:40.600 off data, not just off vibes and the same company, 0:19:40.600 --> 0:19:43.439 but a different version the Financial Review. We showed you 0:19:43.520 --> 0:19:47.880 last night that on the issue of cost and standard 0:19:47.920 --> 0:19:51.560 of living it is the Liberal Party that is leading 0:19:51.920 --> 0:19:55.879 thirty six to twenty seven. The Labor Party has lost 0:19:56.119 --> 0:20:00.240 nine points on this issue since the last election. Of course 0:20:00.240 --> 0:20:03.080 they were promising to do something about cost of living. 0:20:04.800 --> 0:20:08.320 But interestingly there was another pole which again I often 0:20:08.400 --> 0:20:10.600 quote and I will later in the program this evening, 0:20:10.640 --> 0:20:12.960 which is the essential pole. I like when they start 0:20:12.960 --> 0:20:16.320 to really get into the granular details and you're able 0:20:16.400 --> 0:20:19.159 to even look and they publicly source their information, of 0:20:19.200 --> 0:20:21.880 which I appreciate, which is that they publicly will show 0:20:21.960 --> 0:20:24.200 us not just the headline numbers, but then they'll show 0:20:24.200 --> 0:20:27.000 you the demographics about which age group and which gender 0:20:27.040 --> 0:20:30.360 group and political lines. It gets complicated if you want 0:20:30.359 --> 0:20:32.240 to go and have a look. But of course this 0:20:32.400 --> 0:20:35.280 was the mob who put out the opinion poll and 0:20:35.440 --> 0:20:38.199 is published in the Guardian. The Guardian, of course, is 0:20:38.200 --> 0:20:41.439 where one of the Prime Minister's eleven personal media staff 0:20:42.119 --> 0:20:44.800 used to come from. I'll make Katherine Murphy not just 0:20:44.840 --> 0:20:47.840 doing the job for Labor in the Guardian or on 0:20:47.880 --> 0:20:50.119 the Insiders program, She's now decided to go and do 0:20:50.160 --> 0:20:53.480 it inside the Prime Minister's office. Well, she would be 0:20:53.560 --> 0:20:57.280 very happy at what her old alumni published today because 0:20:57.400 --> 0:21:03.440 they published a list of quests relating to what issues 0:21:03.480 --> 0:21:07.119 you ranked the parties on. Now you will notice that 0:21:07.240 --> 0:21:09.920 a quick glance at the color chart is that the 0:21:10.000 --> 0:21:13.080 Labor Party is leading on all of these issues. But 0:21:13.160 --> 0:21:15.920 what are the issues that they decided to focus on, 0:21:16.400 --> 0:21:20.760 delivering the transition of renewable energy, support the public's health, 0:21:21.359 --> 0:21:25.120 representing our intersts globally, keeping the public safe, or planning 0:21:25.200 --> 0:21:31.400 for the future like AI. What's missing? Oh, that's right, 0:21:31.720 --> 0:21:38.240 the number one issue in the country cost of living. Now, 0:21:38.240 --> 0:21:42.560 that either means that they forgot unlikely or they deliberately 0:21:42.600 --> 0:21:44.560 chose not to ask that question because they couldn't quite 0:21:44.560 --> 0:21:48.600 trust what the answer was. Now, in fairness, the polling 0:21:49.000 --> 0:21:52.320 by Essential, I believe is generally pretty good. But when 0:21:52.320 --> 0:21:54.600 they turn around and list all of the issues, but 0:21:54.640 --> 0:21:57.600 they leave off the number one issue in the country. Well, 0:21:57.640 --> 0:21:59.600 maybe I'm just jumping the gun. Perhaps they're doing a 0:21:59.600 --> 0:22:02.840 whole on it in two weeks time. But when the 0:22:02.880 --> 0:22:07.280 results is tumbleweeds on the biggest issue in the country, 0:22:07.359 --> 0:22:09.920 yet every other poll shows that the government is below 0:22:10.240 --> 0:22:15.680 water level, is it unfair to say that they knew 0:22:15.680 --> 0:22:18.240 which question to ask, or more importantly, not to ask 0:22:18.280 --> 0:22:24.879 because they thought they might see a different answer. Perfect 0:22:24.880 --> 0:22:26.719