WEBVTT - #150 Daily Telegraph's Ben English: The Murdochs, Trump vs Harris & The Future of Media

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<v Speaker 1>Him Boris and this is straight talk.

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<v Speaker 2>We've never seen anything like this in human history where

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<v Speaker 2>a search engine is so utuly dominant on how we

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<v Speaker 2>put our information, and so it's unprecedented and terrifying in

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<v Speaker 2>a sense that whatever you type in it's been controlled.

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<v Speaker 1>Then English straight talk made great to be here. If

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<v Speaker 1>you're the editor in chief of the Daily Telegraph or

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<v Speaker 1>All Things Telegraph, what does ben English actually do?

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<v Speaker 2>You're doing the meeting things at once. That's the way

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<v Speaker 2>it is with a modern newspaper. We don't hold anything back.

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<v Speaker 2>The industry that's actually in the fight of its life

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<v Speaker 2>against an onslaught of social media that has no interest

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<v Speaker 2>in Australian society, has no interest in our welfare. And

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<v Speaker 2>it's just interesting. The attention economy, very untrusting in politicians.

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<v Speaker 2>There's got to be something. What's the hidden agenda here?

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<v Speaker 1>That would be the least trusted people I think in

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<v Speaker 1>next country.

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<v Speaker 2>Maybe next to me, But yeah, definitely.

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<v Speaker 1>Been English finally well and straight talk made great to

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<v Speaker 1>be here. And I think the last time we caught

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<v Speaker 1>up was in It's like I'm skuting was in Vegas?

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<v Speaker 1>Is that a great restaurant? Actually? Nick was holding a

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<v Speaker 1>put together a little gathering of people for a Greek

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<v Speaker 1>restaurant in the Greek restaurant in Vegas and a number

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<v Speaker 1>of people there, but we won't disclose it was there,

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<v Speaker 1>but you and I were there, and I remember Nick

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<v Speaker 1>went to a lot of trouble with the I don't

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<v Speaker 1>call him the chef or whatever it is. And I

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<v Speaker 1>think it was lost on a lot of people because

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<v Speaker 1>one of the guests who was sitting there, actually I

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<v Speaker 1>didn't want to eat some of the food and all

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<v Speaker 1>he wanted to eat was steak and chips.

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<v Speaker 2>You guess who that was.

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<v Speaker 1>Yeah, And poor Nick, he was like a kid to

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<v Speaker 1>know what to say. Look on his face. I don't mean,

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<v Speaker 1>don't worry. Let him have it. It doesn't matter. But

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<v Speaker 1>you've got a lot of trouble.

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<v Speaker 3>I I he puts thorts into things, and like you

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<v Speaker 3>wonder how people that and then you deal with these

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<v Speaker 3>people like obviously you have the burdocks in your life,

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<v Speaker 3>but these individuals are.

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<v Speaker 1>So incredibly busy and so incredibly successful and so wealthy.

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<v Speaker 1>Yet they here's a small dinner which probably was getting

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<v Speaker 1>organized for three days. The detail, like you know, I

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<v Speaker 1>someone like Nick, and we're talking about Nick Politus, otherwise

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<v Speaker 1>known as Uncle Nick, the chairman of the Rooster's team club.

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<v Speaker 1>He told me, it's very interesting. Ronnie Coot, as you know,

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<v Speaker 1>was recently inducted into the NRLs call or actually as

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<v Speaker 1>an immortal, as an immortal at fourteenth or something like that,

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<v Speaker 1>I know which one he was. But and it was

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<v Speaker 1>a long time coming coming for Ronnie cult and of

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<v Speaker 1>course Running played for the Roosters and he played for

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<v Speaker 1>Souse and which is a pretty big transition between the

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<v Speaker 1>two clubs. But Nick told me, I said to Nick

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<v Speaker 1>after announced, literally the day after it was announced, have

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<v Speaker 1>you got Ron's new number? Because he's not answering my text.

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<v Speaker 1>Turn out I saw a run on the weekend of

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<v Speaker 1>the reason in an answer my text, he told me

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<v Speaker 1>it's because he's got four hundred text. He just overwhelming

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<v Speaker 1>and Ronnie's just ton eighty. But Nick told me the

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<v Speaker 1>day after that he'd already written a letter and Senator

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<v Speaker 1>to ron he wrote a letter, and I thought, well,

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<v Speaker 1>why would you runt out to write a letter? Who

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<v Speaker 1>reads letters these days? And you know when you can

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<v Speaker 1>go on text? Well, actually, if a letter arrives at

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<v Speaker 1>me and I've got four hundred texts, but if I

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<v Speaker 1>get a letter, I'll read a letter. And I thought, wow,

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<v Speaker 1>how insightful is that. I don't hopefully I'm giving him

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<v Speaker 1>his dues and I'm not over over egging the whole

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<v Speaker 1>of his situation. But for me, I thought, that's a

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<v Speaker 1>pretty thoughtful process.

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<v Speaker 2>Yeah, and the art letter writing is rapidly getting lost, but.

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<v Speaker 1>It becomes much more special because of that.

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<v Speaker 2>Totally. It's the same with me. I remember the letters

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<v Speaker 2>that I received, handritch letters. There's sometimes some that you

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<v Speaker 2>don't want to read, but there's there's some really special

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<v Speaker 2>ones I've received over the years and they stick out

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<v Speaker 2>in my mind.

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<v Speaker 1>Yeah, I'm the same I and I. When my parents

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<v Speaker 1>love I used to always make sure I wrote something

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<v Speaker 1>to them, like Father'sday, Monsday, with those types, birthdays, Christmas.

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<v Speaker 1>Made sure I wrote something in there, even if it

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<v Speaker 1>was one or two paragraphs. You come from this world,

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<v Speaker 1>the world of communicating through text, because you're the editor

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<v Speaker 1>in chief of the Daily Telegraph for all things Telegraph,

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<v Speaker 1>because a Daily Telegraph today incorporates the Sunday Telegraph too,

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<v Speaker 1>So everything everything that the Telegraph Group produces a digitally

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<v Speaker 1>and the physical form too. Well, it is your fault,

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<v Speaker 1>and we're going to talk about not being able to

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<v Speaker 1>get hands on well, the phasing out of newspapers, because

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<v Speaker 1>I actually still like to get a newspaper you're not alone,

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<v Speaker 1>at least once a week. I like to read it

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<v Speaker 1>once week if possible. If I'm an aeroplane, I actually

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<v Speaker 1>like to thumb through the paper on the aeroplane, mainly

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<v Speaker 1>because harder to get off your your device. But as

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<v Speaker 1>the editor of the group, what does Ben English actually do? So?

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<v Speaker 1>Is it like the old I think his name is

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<v Speaker 1>Peter Finch in the remember that movie what was it

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<v Speaker 1>called The Network? He's sort of sitting there and they're

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<v Speaker 1>all in the room and you're sitting down and saying, well,

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<v Speaker 1>we're going to write a story about that, and your

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<v Speaker 1>story is crap. You know, what does the editor do?

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<v Speaker 1>What do you do physically? Do there?

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<v Speaker 2>Yeah, there is a bit of that, still still a

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<v Speaker 2>bit of that. Yeah, I mean I'm not I'm on

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<v Speaker 2>the tools from about when I say on the tools,

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<v Speaker 2>I'm actually looking at the pages on a screen from

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<v Speaker 2>about five pm till eight pm and we go to

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<v Speaker 2>we go to press. But you know, you're doing a

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<v Speaker 2>million things at once. That's the way it is with

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<v Speaker 2>a modern newspaper's of my time.

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<v Speaker 1>You used to have your deadline, and it was because

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<v Speaker 1>you had to print the paper. Obviously you had to

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<v Speaker 1>get all the stories actually loaded up onto the print

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<v Speaker 1>or whatever it was in the print. So the used bit,

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<v Speaker 1>I don't five or six o'clock.

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<v Speaker 2>Yeah, and then you it's it's really similar.

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<v Speaker 1>But now but now it's sort of a bit more continual.

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<v Speaker 1>Because there's something new comes up at nine o'clock, you've

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<v Speaker 1>got to put it up.

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<v Speaker 2>We don't hold anything back, right, so there's not a story.

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<v Speaker 2>It's funny. The only it's because it's a complete anachronism

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<v Speaker 2>to hold the story back for print. Yeah, basically because

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<v Speaker 2>it just gets ripped off anyway and put up some

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<v Speaker 2>radio whatever. It just gets ripped off. So we've given

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<v Speaker 2>up that long ago. We don't hold anything back for

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<v Speaker 2>the paper. The only time we do is when we're

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<v Speaker 2>required to by say, if we get a what we

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<v Speaker 2>call a drop, So we get a story from the

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<v Speaker 2>government or from another source and they said it's embargoed

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<v Speaker 2>right until five am, which means you can, you know,

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<v Speaker 2>you can put it to print and it hits the

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<v Speaker 2>streets at five am. But you can't put it up online.

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<v Speaker 2>And the reason they do that is because they haven't

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<v Speaker 2>caught up with us. I mean, we're one hundred percent

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<v Speaker 2>digital and we basically reverse publish, if you like, back

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<v Speaker 2>into print. Everything's front loaded into digital. And now the

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<v Speaker 2>next sort of evolution is into video. So we are

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<v Speaker 2>breaking our stories now by video.

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<v Speaker 1>How do you mean like it's more like television.

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<v Speaker 2>Well, yeah, I mean we've got our own Wi frame

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<v Speaker 2>on our app now, which is called DTTV. And you

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<v Speaker 2>know there's a little button on your app click on

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<v Speaker 2>it and there's a whole there's thirty three stories which

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<v Speaker 2>get refreshed quite frequently. We've got a five o'clock bulletin

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<v Speaker 2>a video and we break news of video. Our reporters

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<v Speaker 2>are not only writing stories, but they're actually presenting them

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<v Speaker 2>on videot But.

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<v Speaker 1>It's competing with television then to some extent.

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<v Speaker 2>Yeah, I mean it is. It's competing with appointment media, yes,

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<v Speaker 2>six PM users, so yeah, we have a loderate five

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<v Speaker 2>But we're also breaking news on video throughout the day.

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<v Speaker 2>But we're not necessarily trying to disrupt some of them

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<v Speaker 2>so much as to disrupt ourselves before we get disrupted.

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<v Speaker 2>If we just stand still, we'll get run over. So

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<v Speaker 2>we have to keep on evolving our storytelling.

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<v Speaker 1>And they are too, by the way, they're using digital

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<v Speaker 1>to keep breaking stories themselves. There waiting to the six

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<v Speaker 1>Scotch News. Oh yeah, they're going to have the nine

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<v Speaker 1>apt for example. And by the time I get home,

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<v Speaker 1>and if I get home in time for the six

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<v Speaker 1>scock News, I've already seen it all you have either

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<v Speaker 1>through you guys, through news dot com or through the

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<v Speaker 1>nine news whatever is on you know apput and I

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<v Speaker 1>got seven, I've got all of them. Yeah, and there

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<v Speaker 1>are other places, by the way, break news like the

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<v Speaker 1>Daly Os. Yes, for example, we've been doing it for

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<v Speaker 1>a long time. They break it in text, that's right,

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<v Speaker 1>which sort of like for a period there during COVID,

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<v Speaker 1>I was actually very interested in what they were doing.

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<v Speaker 1>But I must say I do prefer to get the

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<v Speaker 1>video version now.

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<v Speaker 2>Oh you know, increasingly that's how people need to want

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<v Speaker 2>to digest it, need to digest it. It doesn't mean

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<v Speaker 2>we give up on text. It just becomes more multilayered.

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<v Speaker 2>What we've discovered is two things. Number One, our journos

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<v Speaker 2>are actually really good on camera. We never expected that

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<v Speaker 2>Prince jurnos would actually be pretty good. They're quite articulate.

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<v Speaker 2>I would say that our print yurnos have a deeper subject,

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<v Speaker 2>better knowledge. So that's their comparative advantage over not disparaging

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<v Speaker 2>TV journals at all. But a lot of the time

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<v Speaker 2>they've got, you know, they move from subject to subject

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<v Speaker 2>and since you've got a scripted product that they're presenting,

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<v Speaker 2>whereas our print heurnos, they go deep and so that's

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<v Speaker 2>what they've got. So my remit to them is to say, listen,

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<v Speaker 2>just just talk to the camera as you're talking to me.

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<v Speaker 2>If you're briefing me about a story, what's really going on,

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<v Speaker 2>so you know, just lift the kimono on whatever this

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<v Speaker 2>story is. And the second thing is that our readers

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<v Speaker 2>love it because we're sort of taking inside a newsroom

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<v Speaker 2>and there's still a fascin with that. People still want

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<v Speaker 2>to know. Like you said, your first question off the

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<v Speaker 2>that is what do you do? Like how does it work?

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<v Speaker 2>And I still haven't answered that yet. I will, I've

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<v Speaker 2>been waiting for you. I'll get there. But but but

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<v Speaker 2>we take them inside the news room and so we've

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<v Speaker 2>shown our conference. So that's another important element of every day,

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<v Speaker 2>we sit down with our key leaders and there's probably

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<v Speaker 2>about eight or ten of us and we talk through

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<v Speaker 2>we've got it. We've got what we call a topic plan.

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<v Speaker 2>We go through those stories and how do you mean.

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<v Speaker 1>Use is okay? Politics? Sport? Business? Is that what you're

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<v Speaker 1>talking about?

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<v Speaker 2>All of that?

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<v Speaker 1>You've got crime crime?

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<v Speaker 2>Yep.

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<v Speaker 1>So you've got the categories they actually like actually probably

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<v Speaker 1>de marked in other words, this is category one. We

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<v Speaker 1>must cover sport. And then within sport there are Rugby

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<v Speaker 1>League and AFL and all of the n LW or whatever,

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<v Speaker 1>and you do that like really structured way.

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<v Speaker 2>We do so, yeah, it is structured. You know, there's

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<v Speaker 2>a lot of chaos and there's stories coming at you

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<v Speaker 2>all the time, but you have to have that structure.

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<v Speaker 2>You have to have a lot of planning. There's a

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<v Speaker 2>hell of a lot of planning that goes into what

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<v Speaker 2>we do.

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<v Speaker 1>So is your time spent on the planning side of

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<v Speaker 1>things or is it more the tactical stuff sort of

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<v Speaker 1>saying shit, there's an newstry. We better talk about that

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<v Speaker 1>both both. So do you see pretty much everything?

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<v Speaker 2>Yep?

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<v Speaker 1>It goes up on a dashboard or something, does it? Yeah,

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<v Speaker 1>where do you guys have it, or you'd have a

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<v Speaker 1>dashboard or your teams have a dashboard.

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<v Speaker 2>Yes, we have Data Insights dashboard, which is a bit

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<v Speaker 2>of IP we've got called Verity, and that tells us

0:11:37.200 --> 0:11:39.839
<v Speaker 2>in real time what all of our readers are reading,

0:11:40.240 --> 0:11:44.200
<v Speaker 2>how long they're reading it, for what they're reading next,

0:11:44.760 --> 0:11:47.120
<v Speaker 2>and so that gives us some insights into where the

0:11:47.160 --> 0:11:49.800
<v Speaker 2>appetite is. Is a tool, it's not the only thing.

0:11:49.840 --> 0:11:52.320
<v Speaker 2>We've also got to use our own judgment because you know,

0:11:52.360 --> 0:12:00.560
<v Speaker 2>our acumen and judgment can sometimes still outstrips the computer,

0:12:00.640 --> 0:12:03.480
<v Speaker 2>if you like. In some respects used to be called

0:12:03.520 --> 0:12:06.120
<v Speaker 2>the tummy compass. So it's just sort of a combination

0:12:06.200 --> 0:12:10.600
<v Speaker 2>of both of those things. But increasingly where we're looking

0:12:10.679 --> 0:12:15.000
<v Speaker 2>to the data tools to help guide us in meeting

0:12:15.040 --> 0:12:16.040
<v Speaker 2>our consumer needs.

0:12:16.280 --> 0:12:19.640
<v Speaker 1>So Verity is it does Verity then also look at

0:12:19.640 --> 0:12:22.160
<v Speaker 1>everything else. Everything else that's up on the digital platforms,

0:12:22.160 --> 0:12:24.360
<v Speaker 1>for example, might look at something in the AFRs writing

0:12:25.080 --> 0:12:25.760
<v Speaker 1>it doesn't so.

0:12:25.720 --> 0:12:28.640
<v Speaker 2>We've got that as well. So and everyone's got these things.

0:12:28.640 --> 0:12:32.079
<v Speaker 2>They've got other tools called chart beat, chart Beast, there's

0:12:32.120 --> 0:12:36.360
<v Speaker 2>Adobe tools that give you a snapshot of what's happening elsewhere.

0:12:37.840 --> 0:12:42.439
<v Speaker 2>But you know, that's not as accurate as your internal tools.

0:12:44.640 --> 0:12:46.319
<v Speaker 1>Let me ask you this, Ben, So, for example, if

0:12:46.320 --> 0:12:52.200
<v Speaker 1>somebody else another one of your competitive competitors, and there's

0:12:52.200 --> 0:12:55.280
<v Speaker 1>not that many, there's only really one in print, for example,

0:12:56.240 --> 0:13:01.400
<v Speaker 1>and there's an group, but do you does do you? Well,

0:13:01.440 --> 0:13:04.720
<v Speaker 1>that's a good story. We're not talking about it. Do

0:13:04.800 --> 0:13:08.520
<v Speaker 1>you then? Does then, Ben English, go to someone over

0:13:08.559 --> 0:13:10.439
<v Speaker 1>the Can you go and chase that story? Do you

0:13:10.480 --> 0:13:12.480
<v Speaker 1>get to that level of detail it? Or do is

0:13:12.520 --> 0:13:16.240
<v Speaker 1>your system your dashboard actually direct so and so over there?

0:13:16.240 --> 0:13:17.000
<v Speaker 1>Go and do it anyway?

0:13:17.080 --> 0:13:20.000
<v Speaker 2>No, it's not there yet, right, but AI is coming.

0:13:20.160 --> 0:13:23.320
<v Speaker 1>Yeah, but that's more an AI thing. In other words,

0:13:23.320 --> 0:13:26.480
<v Speaker 1>this story has got a lot of gravity. It looks like,

0:13:26.800 --> 0:13:29.600
<v Speaker 1>you know, so many thousand people have sure read it

0:13:29.640 --> 0:13:36.840
<v Speaker 1>somewhere else, and it knows that, you know, buzz Phil

0:13:36.880 --> 0:13:40.439
<v Speaker 1>Raffil should be writing about it because he's he's sort

0:13:40.440 --> 0:13:42.960
<v Speaker 1>of sent me a retired buzz. But whoever is checking

0:13:43.040 --> 0:13:49.640
<v Speaker 1>his place? And where Michael, Yeah, g chase it. Well,

0:13:50.240 --> 0:13:51.840
<v Speaker 1>he probably already knows about it anyway.

0:13:51.600 --> 0:13:55.160
<v Speaker 2>Yeah he does. So sometimes you'll you'll have to make

0:13:55.200 --> 0:13:58.600
<v Speaker 2>a judgment if the story is big enough, if if

0:13:58.640 --> 0:14:02.120
<v Speaker 2>it's if actually it's you know, it's a seismic yarn

0:14:02.280 --> 0:14:04.120
<v Speaker 2>and you can't ignore it. Then you go, okay, we've

0:14:04.120 --> 0:14:05.959
<v Speaker 2>got it. We've got to beat them at it. We're

0:14:05.960 --> 0:14:07.720
<v Speaker 2>going to come up with an angle that takes it forward.

0:14:08.800 --> 0:14:12.839
<v Speaker 2>You can't just regurgitate what they're doing. If it's a

0:14:12.960 --> 0:14:15.880
<v Speaker 2>so so story, we'll ignore it. And because you know,

0:14:16.000 --> 0:14:18.200
<v Speaker 2>we'll try and we'll try and make our mark with

0:14:18.240 --> 0:14:21.760
<v Speaker 2>our own stories, and they do the same, they'll you know,

0:14:21.800 --> 0:14:24.440
<v Speaker 2>we might come up with some you know, compelling stories

0:14:24.440 --> 0:14:27.080
<v Speaker 2>and they'll ignore it because you know, we've already made

0:14:27.120 --> 0:14:30.040
<v Speaker 2>the ground with it. I think there should be more

0:14:30.640 --> 0:14:31.920
<v Speaker 2>of us supporting each.

0:14:31.800 --> 0:14:34.120
<v Speaker 1>Other as opposed to competing with each other.

0:14:34.360 --> 0:14:37.440
<v Speaker 2>Yeah, yeah, I think in many respects, I think it does.

0:14:37.800 --> 0:14:40.680
<v Speaker 1>It's amazing for for someone coming out of news Corp.

0:14:40.760 --> 0:14:40.880
<v Speaker 4>Too.

0:14:41.720 --> 0:14:45.480
<v Speaker 1>I've never thought to hear that collaboration not collaboration, but

0:14:45.520 --> 0:14:49.440
<v Speaker 1>whatever the word is, because you guys have been so

0:14:49.680 --> 0:14:53.600
<v Speaker 1>over the years, and let's face it, nine verses. Let's

0:14:53.600 --> 0:14:57.120
<v Speaker 1>go right Backpacker versus Murdock. Yeah, that has been an

0:14:57.160 --> 0:15:03.520
<v Speaker 1>age age long that generations goes back forever. Yeah, and like.

0:15:04.520 --> 0:15:07.080
<v Speaker 2>Yeah, down to pitch battles on the Prince side.

0:15:07.320 --> 0:15:12.040
<v Speaker 4>Totally actually real, Yeah, totally for sure, real, like like

0:15:12.120 --> 0:15:17.360
<v Speaker 4>real battles of physic example, legurary. So it so it's

0:15:17.400 --> 0:15:18.240
<v Speaker 4>got to But.

0:15:18.280 --> 0:15:22.360
<v Speaker 1>Here you are saying, you know, maybe I don't know

0:15:22.360 --> 0:15:26.000
<v Speaker 1>who your equivalent is at nine, but you know, unless

0:15:26.120 --> 0:15:29.040
<v Speaker 1>maybe we should perhaps collabor not collaborate, but work together

0:15:29.040 --> 0:15:29.240
<v Speaker 1>a bit.

0:15:29.320 --> 0:15:29.520
<v Speaker 4>Yeah.

0:15:29.760 --> 0:15:32.360
<v Speaker 2>I'm friends with them and we talk all the time.

0:15:32.440 --> 0:15:34.880
<v Speaker 2>And I mean you've got to think about you were

0:15:34.880 --> 0:15:38.080
<v Speaker 2>talking about, you know, our only competitor in print is

0:15:38.080 --> 0:15:40.200
<v Speaker 2>is a Herald But of course, and that's true right

0:15:41.120 --> 0:15:46.280
<v Speaker 2>in Sydney at least, but it's our competitors, our competitors,

0:15:47.240 --> 0:15:48.280
<v Speaker 2>they go way beyond that.

0:15:48.960 --> 0:15:52.480
<v Speaker 1>It's all it's all the digital and time organizations.

0:15:52.720 --> 0:15:53.880
<v Speaker 2>Time is a competitor.

0:15:53.880 --> 0:15:58.600
<v Speaker 1>It competes with everybody. Yeah, yeah, my time, my media audience,

0:15:59.560 --> 0:16:02.720
<v Speaker 1>my time, because not only do you have lots of

0:16:02.720 --> 0:16:04.320
<v Speaker 1>other people putting the same stories, but.

0:16:05.120 --> 0:16:08.520
<v Speaker 2>You've got it. But coming back to sorry, it's coming

0:16:08.560 --> 0:16:13.720
<v Speaker 2>back to collaboration. We attack each other too much a

0:16:13.880 --> 0:16:16.640
<v Speaker 2>right time as guilty of it. We're all guilty of it.

0:16:18.160 --> 0:16:22.680
<v Speaker 2>The public doesn't. They just see attacks basically undermining the media.

0:16:22.880 --> 0:16:24.040
<v Speaker 2>Now we're in the fight of our life.

0:16:24.040 --> 0:16:25.680
<v Speaker 1>I don't think they care, by the way, they don't.

0:16:26.760 --> 0:16:29.320
<v Speaker 1>They don't care less about nine versus seven, or you

0:16:30.600 --> 0:16:33.000
<v Speaker 1>who's done what at seven or nine? You know, this

0:16:33.080 --> 0:16:35.960
<v Speaker 1>allegation about the head of news or you know, like

0:16:36.480 --> 0:16:38.200
<v Speaker 1>I won't say it's a but went on recently.

0:16:39.280 --> 0:16:42.480
<v Speaker 2>Yeah, I mean, look, if there's serious workplace issues that

0:16:42.480 --> 0:16:46.640
<v Speaker 2>are at stake here, I think, you know, there's no

0:16:46.680 --> 0:16:48.960
<v Speaker 2>problem with reporting on that. I guess what I'm talking

0:16:48.960 --> 0:16:50.960
<v Speaker 2>about is just having it. Taking cheap shots of each

0:16:50.960 --> 0:16:55.560
<v Speaker 2>other is not helpful to an industry that's actually in

0:16:55.600 --> 0:16:57.800
<v Speaker 2>the fight of its life against an onslaught of social

0:16:57.840 --> 0:17:02.120
<v Speaker 2>media that has no interest in alien society, has no

0:17:02.200 --> 0:17:05.280
<v Speaker 2>interest in our welfare. And it's just interesting. The attention

0:17:05.359 --> 0:17:11.280
<v Speaker 2>economy is rapacious, is actually gouging revenue, not paying back.

0:17:11.760 --> 0:17:15.000
<v Speaker 2>And you know, if we want journalism to exist, and

0:17:15.040 --> 0:17:16.880
<v Speaker 2>I think we all do, I think we. I think

0:17:17.000 --> 0:17:20.359
<v Speaker 2>even people who kind of you know, resent the media

0:17:20.359 --> 0:17:24.040
<v Speaker 2>at different times would recognize that the fourth estate plays

0:17:24.119 --> 0:17:32.640
<v Speaker 2>a vital role in maintaining a functioning, functioning community with democracy,

0:17:32.960 --> 0:17:36.200
<v Speaker 2>with a democracy at its heart, you need a functioning

0:17:36.320 --> 0:17:42.520
<v Speaker 2>you need a vital and you know, healthy media sector.

0:17:43.280 --> 0:17:46.480
<v Speaker 1>So when you say the fourth state, you're talking about media. Media.

0:17:46.600 --> 0:17:48.520
<v Speaker 2>That's an old fashioned term for the fourth state. It

0:17:48.560 --> 0:17:49.720
<v Speaker 2>goes back to the French Revolution.

0:17:50.520 --> 0:17:55.200
<v Speaker 1>But you're not referring to the big Titans. No, you're

0:17:55.240 --> 0:17:55.720
<v Speaker 1>not talking.

0:17:56.840 --> 0:18:03.320
<v Speaker 2>I'm talking more traditional mainstream Yeah, yeah, right, because we're

0:18:03.400 --> 0:18:07.240
<v Speaker 2>the ones who, like you know, we have for a

0:18:07.280 --> 0:18:14.159
<v Speaker 2>long time taken as part of our mission serving the

0:18:14.160 --> 0:18:18.320
<v Speaker 2>public interest and whatever that may be, you know, and

0:18:18.359 --> 0:18:20.240
<v Speaker 2>we may be misguided in what we think the public

0:18:20.240 --> 0:18:23.360
<v Speaker 2>interest is, but at least we pursue that, whereas I'm

0:18:23.359 --> 0:18:25.919
<v Speaker 2>not sure that well, I'm certain that that's not the

0:18:25.960 --> 0:18:28.240
<v Speaker 2>case with those social media giants.

0:18:28.800 --> 0:18:34.880
<v Speaker 1>So you take me through that then. So I quite

0:18:35.040 --> 0:18:38.119
<v Speaker 1>enamored by the fact that you said serving the public interest,

0:18:38.240 --> 0:18:45.639
<v Speaker 1>and that's quite a thoughtful comment. Is that mandated to

0:18:45.680 --> 0:18:49.480
<v Speaker 1>you from above? Does Lachlan say that, How does it work?

0:18:50.840 --> 0:18:53.439
<v Speaker 1>Or is it your shareholders? I mean, who says this?

0:18:53.520 --> 0:18:57.440
<v Speaker 2>Yeah, I mean when you say, man, in a sense,

0:18:57.480 --> 0:19:01.679
<v Speaker 2>it's mandated above, in the sense of you know, the

0:19:01.760 --> 0:19:08.840
<v Speaker 2>Murdoch ethos, which goes back to Keith Murdoch Gallipoli and

0:19:08.840 --> 0:19:13.120
<v Speaker 2>then then what he did and you know, building from

0:19:13.160 --> 0:19:16.920
<v Speaker 2>the you know, the papers in Melbourne, and then Rupert

0:19:16.960 --> 0:19:19.080
<v Speaker 2>took up the cudgels of the News in Adelaide and

0:19:19.080 --> 0:19:23.600
<v Speaker 2>then the extraordinary career he's had sort of you know,

0:19:23.920 --> 0:19:27.160
<v Speaker 2>coursing through the ventricles of our country, of our company.

0:19:28.040 --> 0:19:30.560
<v Speaker 2>Is it is a set of values, set of principles,

0:19:32.080 --> 0:19:34.960
<v Speaker 2>and that informs us. That's the mandate from above that

0:19:35.040 --> 0:19:39.000
<v Speaker 2>I would I would be talking about. Those values would include,

0:19:39.000 --> 0:19:43.080
<v Speaker 2>but are not limited to, a skepticism of authority.

0:19:45.200 --> 0:19:46.600
<v Speaker 1>Would you call it indie authority?

0:19:47.600 --> 0:19:51.280
<v Speaker 2>I would say, yeah, that's reductive, But yeah, I would

0:19:51.280 --> 0:19:56.560
<v Speaker 2>say that's that's right. Yeah, definitely, definitely, definitely We're not

0:19:56.600 --> 0:20:00.919
<v Speaker 2>closing up to elites. That's something that that you know,

0:20:01.600 --> 0:20:06.600
<v Speaker 2>Lachlan's grandfather certainly embraced. Certainly again going back to the

0:20:06.640 --> 0:20:09.360
<v Speaker 2>Glipoli letters, it was about.

0:20:09.240 --> 0:20:10.879
<v Speaker 1>You take me through the Glipolar letters.

0:20:11.200 --> 0:20:14.760
<v Speaker 2>Well, it was Keith Murdock who actually lifted the lid

0:20:15.040 --> 0:20:19.840
<v Speaker 2>on the Glipolar campaign and reported back to our government

0:20:21.000 --> 0:20:26.840
<v Speaker 2>and it certainly, you know, I wrote some letters that

0:20:26.920 --> 0:20:32.080
<v Speaker 2>were pivotal in actually challenging the efficacy of that campaign

0:20:33.600 --> 0:20:37.879
<v Speaker 2>and basically saying that our kids, our young men, were

0:20:37.960 --> 0:20:38.639
<v Speaker 2>lamps the slaughter.

0:20:38.880 --> 0:20:41.040
<v Speaker 1>So yeah, so in other words, as they're getting off

0:20:41.040 --> 0:20:44.280
<v Speaker 1>the various boats and things like coming landing on the beach.

0:20:44.400 --> 0:20:46.600
<v Speaker 2>Yeah, as you said, it was an ill conceived campaign.

0:20:46.640 --> 0:20:50.400
<v Speaker 2>It was very poorly executed, et cetera, etcetera. It's quite controversial,

0:20:51.400 --> 0:20:54.040
<v Speaker 2>but it was historical in the sense that and I

0:20:54.080 --> 0:20:59.080
<v Speaker 2>think this is one reason why Gallipoli is so so

0:20:59.440 --> 0:21:02.320
<v Speaker 2>you know, figure so large in the hearts of Australians

0:21:02.320 --> 0:21:04.720
<v Speaker 2>and also in the sense in our sense of nationhood,

0:21:05.400 --> 0:21:08.479
<v Speaker 2>is that it was the first time with forward as

0:21:08.480 --> 0:21:13.000
<v Speaker 2>a nation under under our flag. And it was also

0:21:14.160 --> 0:21:18.000
<v Speaker 2>there was that chism, There was that sense of happen

0:21:18.000 --> 0:21:20.679
<v Speaker 2>a minute, I was serving the empire here and have

0:21:20.800 --> 0:21:23.919
<v Speaker 2>we been betrayed of you know, you know, have we

0:21:24.040 --> 0:21:26.760
<v Speaker 2>been just led into this slaughterhouse? And so it was

0:21:26.760 --> 0:21:31.240
<v Speaker 2>the first time there was a sense of separatism, and

0:21:31.400 --> 0:21:34.200
<v Speaker 2>you know, Keith Murdock was was pivotal to all that,

0:21:34.560 --> 0:21:38.960
<v Speaker 2>and it was sort of those values of challenging orthodoxy,

0:21:39.440 --> 0:21:44.840
<v Speaker 2>challenging the those who are in authority or ordained to

0:21:44.880 --> 0:21:49.800
<v Speaker 2>be an authority that still is, you know, very much

0:21:50.040 --> 0:21:53.119
<v Speaker 2>at the forefront of our value system today.

0:21:53.320 --> 0:21:57.439
<v Speaker 1>You said something very interesting, you know, like I wouldn't

0:21:57.440 --> 0:22:00.480
<v Speaker 1>say'm anty sorry but I don't like the system just

0:22:00.520 --> 0:22:02.560
<v Speaker 1>because it's a system. I tend to push against it.

0:22:04.040 --> 0:22:07.800
<v Speaker 1>You said, use the words elite or allitias. I'm not sure,

0:22:07.800 --> 0:22:12.879
<v Speaker 1>but the self appointed elites, which you know, it's a

0:22:12.880 --> 0:22:15.000
<v Speaker 1>big issue in America at the moment. So and you

0:22:15.040 --> 0:22:19.040
<v Speaker 1>know we've got we know what murder opposition is on that.

0:22:19.200 --> 0:22:22.840
<v Speaker 1>And and you know Republics first, the Democrats, and like

0:22:23.000 --> 0:22:25.480
<v Speaker 1>funny enough, you can go right back to the Civil War.

0:22:25.880 --> 0:22:27.679
<v Speaker 1>The Democrats come out of there from the South. They

0:22:27.720 --> 0:22:31.439
<v Speaker 1>come out of the Civil War, and the Republicans, so

0:22:31.520 --> 0:22:35.880
<v Speaker 1>they should because it actually was that's that's the slavers,

0:22:37.720 --> 0:22:42.760
<v Speaker 1>and that's sort of where that whole game originated. And

0:22:42.760 --> 0:22:45.520
<v Speaker 1>and I we're just moving along for because we want

0:22:45.520 --> 0:22:48.600
<v Speaker 1>to talk about Australia, your job. But but we have

0:22:48.800 --> 0:22:51.359
<v Speaker 1>something not too dissimilar Australian. I do remember the movie

0:22:51.359 --> 0:22:54.000
<v Speaker 1>Breaking Rain whatever, the first great Australian movies about the

0:22:54.000 --> 0:22:56.800
<v Speaker 1>Boll War, and which is when we got seent in

0:22:56.840 --> 0:23:00.760
<v Speaker 1>there to do someone was a bidding Gallipli's not dissimilar,

0:23:00.880 --> 0:23:04.800
<v Speaker 1>absolutely the same deal. And now I'm getting I'm getting

0:23:04.800 --> 0:23:08.959
<v Speaker 1>all energized by talking about this because you've hit me

0:23:09.560 --> 0:23:11.800
<v Speaker 1>right on a spot which is quite tender for me

0:23:12.000 --> 0:23:15.680
<v Speaker 1>in terms of the elites and who appoint themselves of

0:23:15.800 --> 0:23:20.239
<v Speaker 1>the so called self appointed moral dieticians of our society.

0:23:21.440 --> 0:23:24.760
<v Speaker 1>And that's how sweet spots too, And they prosecute the

0:23:24.800 --> 0:23:27.800
<v Speaker 1>ship out of it, and they make you feel guilty

0:23:28.320 --> 0:23:29.760
<v Speaker 1>if you're not part of the movement.

0:23:30.160 --> 0:23:33.840
<v Speaker 2>And that's like, I mean, that's what that's what we

0:23:33.960 --> 0:23:37.600
<v Speaker 2>rele against. That give us, that's that's what gives us

0:23:37.600 --> 0:23:42.639
<v Speaker 2>our purpose is actually exposing the hypocrisy because there's always

0:23:42.640 --> 0:23:44.000
<v Speaker 2>self interested at the heart of it. It's a lot

0:23:44.040 --> 0:23:48.840
<v Speaker 2>of we call them virtue signalers, you know, and there's

0:23:49.080 --> 0:23:51.080
<v Speaker 2>there's a lot of there's a lot of what I

0:23:51.240 --> 0:23:53.160
<v Speaker 2>call can't there's a lot of hypocrisy.

0:23:54.080 --> 0:23:55.120
<v Speaker 1>And as you see more.

0:23:55.040 --> 0:24:00.280
<v Speaker 2>Of it, it's industrialized. Yea, it looks like it's aroduction

0:24:00.359 --> 0:24:04.760
<v Speaker 2>line to me totally. And it's been monetized. So you

0:24:04.800 --> 0:24:09.760
<v Speaker 2>see that with various causes that people can see, well,

0:24:09.960 --> 0:24:12.000
<v Speaker 2>there's there's not to make a lot of money here.

0:24:12.400 --> 0:24:15.719
<v Speaker 1>So would you, I mean, I know, I don't know this.

0:24:15.760 --> 0:24:20.440
<v Speaker 1>I mean, I'm just you know, you're the editor in

0:24:20.480 --> 0:24:22.960
<v Speaker 1>chief that you know what we all read every day

0:24:23.440 --> 0:24:28.080
<v Speaker 1>in New South Wales, Queensland through Corey Mail and Victoria

0:24:28.440 --> 0:24:32.280
<v Speaker 1>through the Herald Sun. The share the stories are all

0:24:32.280 --> 0:24:36.360
<v Speaker 1>shared pretty much. It's just one syndication that he writes, right.

0:24:38.560 --> 0:24:39.119
<v Speaker 2>Do you.

0:24:40.920 --> 0:24:45.760
<v Speaker 1>Are you interacting? I don't know if this is right

0:24:45.800 --> 0:24:51.160
<v Speaker 1>wrong on a daily basis with your your global chairman? Ah,

0:24:51.960 --> 0:24:53.720
<v Speaker 1>how does that work regularly?

0:24:53.760 --> 0:24:54.920
<v Speaker 2>Not on a daily basis?

0:24:54.920 --> 0:24:57.560
<v Speaker 1>So he doesn't say a mate, you know, this is

0:24:57.680 --> 0:25:01.160
<v Speaker 1>the We're just covering the election in the US. We

0:25:01.200 --> 0:25:04.520
<v Speaker 1>need much much more push or the strain lection which

0:25:04.560 --> 0:25:07.680
<v Speaker 1>is coming up with much more push against let's say

0:25:07.720 --> 0:25:08.359
<v Speaker 1>the Labor Party.

0:25:09.880 --> 0:25:12.400
<v Speaker 2>Interesting. A lot of people ask me that they wonder

0:25:12.440 --> 0:25:14.520
<v Speaker 2>about it. There's a sort of we call it Murdock

0:25:14.680 --> 0:25:15.600
<v Speaker 2>arrangement syndrome.

0:25:16.760 --> 0:25:17.000
<v Speaker 1>You know.

0:25:17.040 --> 0:25:18.960
<v Speaker 2>Does he ring up and say listen, I don't like that.

0:25:20.080 --> 0:25:23.520
<v Speaker 2>I don't like that brief on page eight No or

0:25:23.560 --> 0:25:25.800
<v Speaker 2>Lackland to that matter. But I do speak to Lachlan

0:25:25.840 --> 0:25:29.440
<v Speaker 2>a light because he's passionate about news. He's passionate about

0:25:29.440 --> 0:25:33.160
<v Speaker 2>Sydney and Australia. But I have to say a hand

0:25:33.240 --> 0:25:36.280
<v Speaker 2>on hard. He's never given me writing instructions on you

0:25:36.320 --> 0:25:39.560
<v Speaker 2>will have this position. He's more just curious about how we,

0:25:40.080 --> 0:25:42.600
<v Speaker 2>you know, what our take is on it. I think

0:25:42.640 --> 0:25:44.639
<v Speaker 2>what they're most passionate about is that we're running the

0:25:44.680 --> 0:25:47.800
<v Speaker 2>paper well and that the business has been run professionally,

0:25:47.840 --> 0:25:51.840
<v Speaker 2>and that we're actually, you know, in sync with our audience.

0:25:52.600 --> 0:25:55.119
<v Speaker 2>I think that and I don't think Rupert was any different.

0:25:55.680 --> 0:25:57.560
<v Speaker 2>Are we actually serving our audience?

0:25:57.760 --> 0:25:59.800
<v Speaker 1>So how do you work out what your audience wants?

0:25:59.800 --> 0:25:59.960
<v Speaker 2>Then?

0:26:00.240 --> 0:26:04.120
<v Speaker 1>I mean, because I've wondered about this, is that are

0:26:04.160 --> 0:26:16.639
<v Speaker 1>you is the media forging and molding public opinion and

0:26:16.720 --> 0:26:22.359
<v Speaker 1>serving it to the public, or is the public making

0:26:22.400 --> 0:26:26.920
<v Speaker 1>those decisions and requiring you to deliver what decision they've made?

0:26:27.040 --> 0:26:30.840
<v Speaker 2>A great question. I think it's both. I think the

0:26:30.880 --> 0:26:37.480
<v Speaker 2>way that we best influence sentiment opinion is by breaking stories,

0:26:37.920 --> 0:26:42.160
<v Speaker 2>you know, like by exposing things and which otherwise wouldn't

0:26:42.280 --> 0:26:45.480
<v Speaker 2>be known. That that is what shapes opinion. And then

0:26:45.880 --> 0:26:48.200
<v Speaker 2>and then of course the emphasis we give on different

0:26:48.200 --> 0:26:51.879
<v Speaker 2>stories that also shapes opinion too. So the front page.

0:26:52.800 --> 0:26:57.200
<v Speaker 2>I know that people, you know, talk about the decline

0:26:57.200 --> 0:27:00.480
<v Speaker 2>of print, but the front page still is an readibly

0:27:01.000 --> 0:27:02.000
<v Speaker 2>powerful instrument.

0:27:02.200 --> 0:27:05.320
<v Speaker 1>Is it as powerful on the digital version? So for example,

0:27:05.320 --> 0:27:10.040
<v Speaker 1>and I get I subscribe as outa teleograph. I actually

0:27:10.040 --> 0:27:12.160
<v Speaker 1>don't look at the front page. I mean, I see

0:27:12.160 --> 0:27:16.280
<v Speaker 1>what you say. You go some stories from the top

0:27:16.320 --> 0:27:19.560
<v Speaker 1>stories and assigned by newsletter, and I get that each

0:27:19.640 --> 0:27:24.280
<v Speaker 1>day and then constru I get two I get two emails,

0:27:25.440 --> 0:27:27.760
<v Speaker 1>ones from you, not to me, I mean as you

0:27:27.880 --> 0:27:29.840
<v Speaker 1>send everybody. But it's the sort of the same with

0:27:29.880 --> 0:27:31.680
<v Speaker 1>the stories after. And there's another one which is the

0:27:31.680 --> 0:27:34.800
<v Speaker 1>actual newspaper. But the front page is not that important

0:27:34.840 --> 0:27:38.240
<v Speaker 1>to me anymore. Yeah, digitally I'm talking about Yeah, digitally.

0:27:38.280 --> 0:27:42.600
<v Speaker 2>We it's interesting. COVID was a bit of a game

0:27:42.720 --> 0:27:46.280
<v Speaker 2>changer in terms of how people interact with the paper. Right,

0:27:47.080 --> 0:27:51.159
<v Speaker 2>so a lot more people started reading the paper. So

0:27:51.320 --> 0:27:54.639
<v Speaker 2>as it's printed online, so it's called we call it

0:27:54.680 --> 0:27:57.600
<v Speaker 2>a digital print edition. And you know, on your app

0:27:58.240 --> 0:28:01.359
<v Speaker 2>down the bottom it says today paper you click on

0:28:01.400 --> 0:28:04.440
<v Speaker 2>it up comes the paper as it was printed. So

0:28:04.440 --> 0:28:05.760
<v Speaker 2>so a lot of people do do that.

0:28:05.760 --> 0:28:06.840
<v Speaker 1>But I don't find that compelling.

0:28:06.880 --> 0:28:09.760
<v Speaker 2>The front page it's not as compelling, no, because there's

0:28:09.760 --> 0:28:13.360
<v Speaker 2>something about the tactile paper. Right, it's big for a start,

0:28:13.480 --> 0:28:14.959
<v Speaker 2>it's a lot bigger than you can then you can

0:28:14.960 --> 0:28:15.880
<v Speaker 2>get on your phone.

0:28:15.720 --> 0:28:16.920
<v Speaker 1>Or you're right, Yeah, I use the phone.

0:28:17.000 --> 0:28:19.720
<v Speaker 2>Yeah, yeah, yeah, So so it doesn't have the same impact,

0:28:20.320 --> 0:28:25.040
<v Speaker 2>but we're still making money from the printed product. Wow,

0:28:25.200 --> 0:28:27.119
<v Speaker 2>good money on it, right, So.

0:28:28.359 --> 0:28:30.919
<v Speaker 1>Is that more cost control and it's opposed a lot

0:28:30.960 --> 0:28:31.639
<v Speaker 1>of career control.

0:28:32.560 --> 0:28:36.320
<v Speaker 2>But but also you know, there's you know, there's still

0:28:36.359 --> 0:28:41.640
<v Speaker 2>healthy advertising in print and it's still making a profit.

0:28:41.920 --> 0:28:44.720
<v Speaker 1>Well, Katie Page is being very generous to you, guys.

0:28:45.000 --> 0:28:47.200
<v Speaker 2>She's a great Katie you listening. She's a great person,

0:28:47.880 --> 0:28:50.920
<v Speaker 2>passionate about print. Obviously it works for her, so thank you,

0:28:50.920 --> 0:28:55.400
<v Speaker 2>for sure it does. And so look, obviously, and this

0:28:55.520 --> 0:29:00.880
<v Speaker 2>is no secret print you know circulation is in a

0:29:00.920 --> 0:29:04.360
<v Speaker 2>steady decline. It has been for thirty years actually, but

0:29:04.360 --> 0:29:07.840
<v Speaker 2>it's still still sell a lot of papers. The trick,

0:29:07.880 --> 0:29:09.720
<v Speaker 2>of course, and this is what everyone's trying to do

0:29:09.760 --> 0:29:13.960
<v Speaker 2>around the globe, is as that's declining, you get you

0:29:14.120 --> 0:29:19.400
<v Speaker 2>ramp up your digital engagement and consumption so that when

0:29:19.400 --> 0:29:22.080
<v Speaker 2>print runs out, you're still firing.

0:29:22.280 --> 0:29:23.760
<v Speaker 1>Do you think there will be a day? Because I

0:29:23.800 --> 0:29:26.080
<v Speaker 1>remember when Amazon came along and every bookstore in the

0:29:26.120 --> 0:29:29.400
<v Speaker 1>world closed down, and then all of a sudden, mysteriously

0:29:29.400 --> 0:29:32.800
<v Speaker 1>the bookstores started up. In fact, Amazon, that's so true.

0:29:32.880 --> 0:29:36.240
<v Speaker 1>Do you think there will come a day where we'll

0:29:36.240 --> 0:29:41.960
<v Speaker 1>have no newspaper physical or do you think that. I

0:29:42.000 --> 0:29:44.040
<v Speaker 1>don't want to call it romance, but whatever it is,

0:29:44.080 --> 0:29:50.560
<v Speaker 1>the tactile nature of having a newspaper will sort of

0:29:50.600 --> 0:29:53.280
<v Speaker 1>hit a level where it won't go below, maybe won't grow,

0:29:53.360 --> 0:29:55.680
<v Speaker 1>but a base level. Yeah, baseline.

0:29:56.080 --> 0:30:02.280
<v Speaker 2>Yeah. Look, the brutal comics will tell you that probably

0:30:02.320 --> 0:30:03.600
<v Speaker 2>there's no papers in twenty.

0:30:03.440 --> 0:30:05.440
<v Speaker 1>Years because there's no point in having that base on

0:30:05.480 --> 0:30:07.800
<v Speaker 1>because the cost of running the baseline. But you can't

0:30:07.880 --> 0:30:08.680
<v Speaker 1>do it anymore.

0:30:08.960 --> 0:30:12.240
<v Speaker 2>You've got all these fixed costs that you literally can't

0:30:12.320 --> 0:30:15.320
<v Speaker 2>justify it unless you say, well, it's a vanity product

0:30:15.920 --> 0:30:19.720
<v Speaker 2>that we do for brand or some marketing purposes. But

0:30:19.760 --> 0:30:21.480
<v Speaker 2>I think that when you get to that point, you're

0:30:21.480 --> 0:30:24.880
<v Speaker 2>going to by all means, you can create the DPE,

0:30:24.960 --> 0:30:26.200
<v Speaker 2>but you don't have to actually send it to the

0:30:26.200 --> 0:30:31.040
<v Speaker 2>print the print site. I think it'll be after I'm gone.

0:30:31.600 --> 0:30:34.320
<v Speaker 2>I think the papers are here for quite some time yet.

0:30:35.320 --> 0:30:38.600
<v Speaker 2>I think, yeah, eventually it'll get to you know, three

0:30:39.040 --> 0:30:41.480
<v Speaker 2>a week, two a week, one a week, But that's

0:30:41.520 --> 0:30:42.320
<v Speaker 2>that's a way off.

0:30:42.440 --> 0:30:45.000
<v Speaker 1>Do you know I mean, I guess you do know this,

0:30:45.080 --> 0:30:52.320
<v Speaker 1>but do you have a an analytical sense or your

0:30:52.360 --> 0:30:56.600
<v Speaker 1>business doesn't have an analytical sense of the age and

0:30:56.760 --> 0:30:59.320
<v Speaker 1>end or generation is actually physically stood by the paper.

0:30:59.320 --> 0:31:01.640
<v Speaker 1>I know a lot of bitter about the Newsagian. I

0:31:01.680 --> 0:31:05.120
<v Speaker 1>feel sorry for news, but they don't click the data

0:31:05.120 --> 0:31:06.560
<v Speaker 1>for you. I mean you would know in terms of

0:31:06.560 --> 0:31:09.000
<v Speaker 1>what guests. We've got a pretty good idea. Yeah, and

0:31:09.080 --> 0:31:10.520
<v Speaker 1>how do you work that out? I mean it's I

0:31:10.520 --> 0:31:12.160
<v Speaker 1>mean not how do you work it out? But what

0:31:12.200 --> 0:31:14.440
<v Speaker 1>are you finding out? Are you finding out people over

0:31:14.480 --> 0:31:15.600
<v Speaker 1>sixty what we're looking at?

0:31:15.640 --> 0:31:18.080
<v Speaker 2>Yeah, it's over sixty five? Yeah. I think the average

0:31:18.160 --> 0:31:20.640
<v Speaker 2>age print reader is about sixty eight.

0:31:20.840 --> 0:31:22.560
<v Speaker 1>Yeah, yeah, sometimes my age.

0:31:22.760 --> 0:31:25.640
<v Speaker 2>Yeah. But look, you've got the project to keep them alive, right,

0:31:26.480 --> 0:31:27.360
<v Speaker 2>project one hundred.

0:31:27.520 --> 0:31:29.520
<v Speaker 1>Yeah, I want them to go to one hundred and eight.

0:31:29.680 --> 0:31:32.080
<v Speaker 2>Well, we've got we need to support you in that.

0:31:32.240 --> 0:31:33.800
<v Speaker 1>Now, I'd like you to support me in that because

0:31:33.840 --> 0:31:38.600
<v Speaker 1>we actually together have the same the same interest toographic totally,

0:31:39.200 --> 0:31:42.320
<v Speaker 1>but because but what I'm really interested I know too,

0:31:42.400 --> 0:31:44.080
<v Speaker 1>by the way, is because Project one hundred is not

0:31:44.240 --> 0:31:46.600
<v Speaker 1>just about old people living to long ages, about younger

0:31:46.600 --> 0:31:47.840
<v Speaker 1>people become much more aware of it.

0:31:47.920 --> 0:31:48.080
<v Speaker 2>Yeah.

0:31:48.120 --> 0:31:50.080
<v Speaker 1>Yeah, and you know one of the things is really

0:31:50.080 --> 0:31:53.040
<v Speaker 1>important to us is younger people understanding how much money

0:31:53.080 --> 0:31:55.800
<v Speaker 1>they need to earn to live to one hundred, not

0:31:56.480 --> 0:32:01.360
<v Speaker 1>you know, because you know the current modeling and I'm

0:32:01.480 --> 0:32:06.120
<v Speaker 1>yet about to organize a actually to do this analysis

0:32:06.200 --> 0:32:09.360
<v Speaker 1>for me. But the current modeling as I understand the

0:32:09.400 --> 0:32:11.960
<v Speaker 1>model and inputs to the model, is that there's an

0:32:11.960 --> 0:32:14.840
<v Speaker 1>assumption someone's going to retire sixty five years of age

0:32:14.880 --> 0:32:18.240
<v Speaker 1>on an average income has for the last thirty five

0:32:18.360 --> 0:32:22.440
<v Speaker 1>years or since compulsory superinnovation we've got introduced by Keating

0:32:22.480 --> 0:32:26.280
<v Speaker 1>in the mid nineties, has been putting away in variable

0:32:26.280 --> 0:32:29.880
<v Speaker 1>amounts but between nine now twelve percent of their wages

0:32:29.920 --> 0:32:33.000
<v Speaker 1>into their employee's been doing this into a super fund.

0:32:32.960 --> 0:32:35.400
<v Speaker 1>Their super funds is assumption that they're earning eight percent

0:32:35.440 --> 0:32:38.120
<v Speaker 1>perannimal but of some other number. And the assumption is

0:32:38.120 --> 0:32:41.600
<v Speaker 1>that you die at eighty one, and the output is

0:32:41.600 --> 0:32:44.160
<v Speaker 1>that how much money do I have to have between

0:32:44.200 --> 0:32:47.720
<v Speaker 1>sixty five and eighty one to have nothing at the

0:32:47.800 --> 0:32:51.080
<v Speaker 1>day I die or enough to pay my funeral? And

0:32:51.120 --> 0:32:52.880
<v Speaker 1>that money's coming out of what I put away on

0:32:52.880 --> 0:32:55.040
<v Speaker 1>the assumption that had earned so much over that thirty

0:32:55.040 --> 0:32:57.160
<v Speaker 1>odd period period. And of course if all of a

0:32:57.160 --> 0:32:59.720
<v Speaker 1>sudden we now lived to one hundred, anyone who's lives

0:32:59.800 --> 0:33:01.360
<v Speaker 1>beyond ninety one is not going to have any money.

0:33:02.280 --> 0:33:07.240
<v Speaker 1>And I'm really passionate about that. And that's a big

0:33:07.360 --> 0:33:08.360
<v Speaker 1>education program.

0:33:08.480 --> 0:33:09.200
<v Speaker 2>It's enormous.

0:33:09.440 --> 0:33:13.920
<v Speaker 1>So what does say someone like your organization become passionate

0:33:13.920 --> 0:33:16.520
<v Speaker 1>about in terms of education programs for your readers, what

0:33:16.560 --> 0:33:18.320
<v Speaker 1>are you trying to educate them about? Are you trying

0:33:18.320 --> 0:33:21.880
<v Speaker 1>to educate them about democracy, how important democracy still is,

0:33:21.960 --> 0:33:26.200
<v Speaker 1>or you're trying to educate them about how important challenging

0:33:26.280 --> 0:33:27.320
<v Speaker 1>the elites is.

0:33:28.080 --> 0:33:33.800
<v Speaker 2>I think it's about certainly those things, but it's also

0:33:34.040 --> 0:33:37.640
<v Speaker 2>about enabling them to live their lives to the best

0:33:37.640 --> 0:33:38.320
<v Speaker 2>of their abilities.

0:33:38.320 --> 0:33:40.720
<v Speaker 1>So it's informing it's gone beyond where you used to

0:33:40.760 --> 0:33:44.720
<v Speaker 1>be very much. How can you live? Ben English are saying,

0:33:44.800 --> 0:33:47.920
<v Speaker 1>for example, to me a consumer mark, we will give

0:33:47.960 --> 0:33:51.080
<v Speaker 1>you stories absolutely that'll help you live longer and live

0:33:51.160 --> 0:33:53.880
<v Speaker 1>better and you and perhaps have a better life with

0:33:53.920 --> 0:33:56.680
<v Speaker 1>your family. And these are the things you need to know.

0:33:57.200 --> 0:33:59.480
<v Speaker 2>So it's such a great question, and it's something we've

0:33:59.480 --> 0:34:01.760
<v Speaker 2>been grappling with for some time. Is it how do

0:34:01.840 --> 0:34:07.320
<v Speaker 2>we how do we justify someone to subscribe to our product,

0:34:07.560 --> 0:34:10.280
<v Speaker 2>and it's not enough just to tell them what happened,

0:34:10.520 --> 0:34:13.400
<v Speaker 2>because you can get that anywhere, get that anyway. It's commoditized. Yeah, right,

0:34:14.040 --> 0:34:18.800
<v Speaker 2>so we've got to start increasingly tell them why, how,

0:34:18.960 --> 0:34:20.320
<v Speaker 2>and what's next?

0:34:20.760 --> 0:34:27.000
<v Speaker 1>Sunday. You used to have a mad dog yes section, Yeah, yeah,

0:34:27.000 --> 0:34:29.480
<v Speaker 1>the health yeah healthy, got the barefoot investor. Yeah, you

0:34:29.560 --> 0:34:35.880
<v Speaker 1>got him as well, Scott Scott Scott, So that's true,

0:34:35.880 --> 0:34:36.319
<v Speaker 1>that's true.

0:34:36.360 --> 0:34:39.200
<v Speaker 2>Right. So the papers have always served that, They've always

0:34:39.200 --> 0:34:41.600
<v Speaker 2>had that breadth, but we've got to reflect that in

0:34:41.600 --> 0:34:44.600
<v Speaker 2>our digital products as well. And that's why I love

0:34:44.680 --> 0:34:47.480
<v Speaker 2>your project one hundred. I think it's a fabulous concept.

0:34:47.480 --> 0:34:49.440
<v Speaker 1>It's a step beyond what those guys are doing.

0:34:49.480 --> 0:34:52.160
<v Speaker 2>Although I'm not paid to say that, genuinely think.

0:34:52.040 --> 0:34:54.200
<v Speaker 1>Thank good, but it is a step beyond that. And

0:34:54.320 --> 0:34:57.240
<v Speaker 1>we're working on getting a producer all that sort of stuff.

0:34:58.000 --> 0:35:02.040
<v Speaker 1>Are you seeing you? That's a pretty altruistic position for

0:35:02.120 --> 0:35:03.040
<v Speaker 1>you guys to take.

0:35:02.880 --> 0:35:04.839
<v Speaker 2>But it's not out of I mean, there's a selfishness

0:35:04.880 --> 0:35:08.600
<v Speaker 2>to it. And the selfishness is that unless we do that,

0:35:08.719 --> 0:35:10.120
<v Speaker 2>then people are not going to subscribe.

0:35:10.200 --> 0:35:16.080
<v Speaker 1>So so in other words, it's becoming nearly compulsory absolutely.

0:35:16.080 --> 0:35:19.759
<v Speaker 2>People are so demanding. They're so and they're promiscuous when

0:35:19.760 --> 0:35:22.480
<v Speaker 2>it comes to how they how.

0:35:22.320 --> 0:35:23.600
<v Speaker 1>They don't you jump from one to the other.

0:35:24.320 --> 0:35:26.879
<v Speaker 2>So we've got to give them a reason to come

0:35:26.880 --> 0:35:29.680
<v Speaker 2>back to us frequently. So we've got to do much

0:35:29.680 --> 0:35:31.520
<v Speaker 2>better with health.

0:35:31.520 --> 0:35:35.200
<v Speaker 1>Wealth, education. Are they really emerging?

0:35:35.360 --> 0:35:38.319
<v Speaker 2>They are? Yeah, people are people are wanting this. They

0:35:38.320 --> 0:35:41.440
<v Speaker 2>want what we call it's what we call breadth of

0:35:42.280 --> 0:35:47.480
<v Speaker 2>subject matter. You know, Like I said, you know, everyone

0:35:47.520 --> 0:35:51.160
<v Speaker 2>knows us to be fantastic in our coverage of NRL politics,

0:35:51.520 --> 0:35:57.359
<v Speaker 2>showbiz and particularly crime, but we absolutely need to offer

0:35:57.400 --> 0:36:00.279
<v Speaker 2>a lot more than that our consumers. Is to the

0:36:00.280 --> 0:36:03.600
<v Speaker 2>people who are actually subscribing to a sex sophisticated they're

0:36:03.600 --> 0:36:08.440
<v Speaker 2>informed and they're demand rightly more information, that more insights.

0:36:09.200 --> 0:36:13.160
<v Speaker 1>So in terms of the education piece, which I mean

0:36:13.680 --> 0:36:16.280
<v Speaker 1>and you know, who would think of a newspaper becoming

0:36:16.400 --> 0:36:19.440
<v Speaker 1>educational or an educator, But and I don't mean it

0:36:19.440 --> 0:36:22.560
<v Speaker 1>in a condescen any way. For newspapers that telling people, Yeah,

0:36:23.480 --> 0:36:26.120
<v Speaker 1>it's more about because there are a lot of people

0:36:26.200 --> 0:36:31.040
<v Speaker 1>who are not sophisticated and traditionally a lot of those

0:36:31.080 --> 0:36:33.880
<v Speaker 1>people bought the telling Yeah, and they just want to

0:36:33.920 --> 0:36:36.319
<v Speaker 1>know about the local robbery or sure of whatever it

0:36:36.360 --> 0:36:36.960
<v Speaker 1>was in the footy.

0:36:37.360 --> 0:36:39.719
<v Speaker 2>Well that's changed, and I think so yeah, yeah, I

0:36:39.760 --> 0:36:43.120
<v Speaker 2>mean I think if you go back twenty thirty years,

0:36:44.320 --> 0:36:49.040
<v Speaker 2>the you know, where you could go for information was

0:36:49.040 --> 0:36:51.879
<v Speaker 2>so much more limited. It's what I call linear. It's

0:36:51.880 --> 0:36:54.839
<v Speaker 2>basically what you were saying. You know, there's a very

0:36:54.840 --> 0:36:58.800
<v Speaker 2>few owners of the information, and they fed it down

0:36:59.200 --> 0:37:03.560
<v Speaker 2>to the market, and now it's been completely flattened, it's

0:37:03.600 --> 0:37:07.960
<v Speaker 2>been atomized. And so how do we justify our continuing existence.

0:37:07.960 --> 0:37:11.880
<v Speaker 2>We're no longer or we're less so much of a

0:37:12.000 --> 0:37:19.319
<v Speaker 2>mass market daily. It's more we're actually increasingly serving a

0:37:19.920 --> 0:37:24.360
<v Speaker 2>not niche, but a dedicated readership. And as those readership

0:37:24.520 --> 0:37:31.719
<v Speaker 2>levels have declined, the level of sophistication and education has

0:37:31.760 --> 0:37:34.959
<v Speaker 2>gone up. So those people who might have been buying

0:37:35.000 --> 0:37:38.080
<v Speaker 2>the paper, you know, when we're selling six hundred thousand copies,

0:37:38.200 --> 0:37:40.760
<v Speaker 2>you know, forty years ago, they're getting all the information

0:37:40.840 --> 0:37:43.640
<v Speaker 2>on Facebook or Insta. A lot of those people who

0:37:43.680 --> 0:37:45.919
<v Speaker 2>no longer buy the paper, the people who are buying

0:37:45.960 --> 0:37:50.839
<v Speaker 2>the paper are subscribing to the paper. They're actually very

0:37:50.840 --> 0:37:53.760
<v Speaker 2>well informed and very well engaged, leaning into the debates.

0:37:54.320 --> 0:37:58.840
<v Speaker 1>And so if you does that mean crime with crime

0:37:58.920 --> 0:38:02.720
<v Speaker 1>selves in terms still does doesn't mean crime. Those starts

0:38:02.760 --> 0:38:04.840
<v Speaker 1>to take it in terms of what you guys produced.

0:38:05.960 --> 0:38:08.919
<v Speaker 1>It starts to take less of a frontline position. Yeah.

0:38:08.920 --> 0:38:10.959
<v Speaker 2>I mean, look, we still want to be the best

0:38:11.000 --> 0:38:14.080
<v Speaker 2>at it, and we have the best, but I think

0:38:14.080 --> 0:38:15.840
<v Speaker 2>we've got to, like it's got to be part of

0:38:15.880 --> 0:38:19.239
<v Speaker 2>a broader offering, you know. So that's where we're leaning

0:38:19.280 --> 0:38:23.120
<v Speaker 2>in towards me. We won't ever drop crime because you know,

0:38:23.280 --> 0:38:27.080
<v Speaker 2>you're right people rightly or wrongly. And I love reading about.

0:38:26.880 --> 0:38:30.120
<v Speaker 1>It, and I know it's one of the most watched podcasts.

0:38:30.160 --> 0:38:34.000
<v Speaker 1>Whenever I have a crime guest, it pumps.

0:38:34.040 --> 0:38:34.680
<v Speaker 2>People love it.

0:38:34.719 --> 0:38:38.840
<v Speaker 1>They love it. Crime, sex and sport. Generally, crime and

0:38:38.880 --> 0:38:42.480
<v Speaker 1>sex kill it big time. What do you think do

0:38:42.520 --> 0:38:47.520
<v Speaker 1>you think that health, longevity, blah blah blah, just a

0:38:47.560 --> 0:38:50.200
<v Speaker 1>better life? Because you know, you guys have been wrighting

0:38:50.200 --> 0:38:53.080
<v Speaker 1>about this for a long time, but it hasn't emerged

0:38:53.120 --> 0:38:56.520
<v Speaker 1>above crime and hasn't emerged above sport. It has emerged

0:38:56.520 --> 0:39:00.399
<v Speaker 1>about politics. But do you think as we as nation

0:39:00.600 --> 0:39:02.680
<v Speaker 1>we age and we become more wealthy because you know,

0:39:02.960 --> 0:39:04.400
<v Speaker 1>by the way, anyone who ow is probably in those

0:39:04.400 --> 0:39:07.920
<v Speaker 1>countries as over fifty is now wealthy and they're looking

0:39:08.040 --> 0:39:10.480
<v Speaker 1>for how can I hang out longer? Do you think

0:39:10.520 --> 0:39:14.399
<v Speaker 1>those aspects that you guys have been playing with and

0:39:14.560 --> 0:39:21.359
<v Speaker 1>covering but haven't promoted will become will emerge up there?

0:39:21.800 --> 0:39:22.480
<v Speaker 1>It's equivalent.

0:39:25.160 --> 0:39:28.640
<v Speaker 2>Look, they're not as explosive obviously literally or not. But

0:39:29.239 --> 0:39:33.360
<v Speaker 2>I do think I do believe people will subscribe for

0:39:33.440 --> 0:39:38.480
<v Speaker 2>that subject if the information is compelling enough, if it's engaging,

0:39:38.560 --> 0:39:41.960
<v Speaker 2>it's interesting. We tell stories as imaginatively as we do

0:39:42.040 --> 0:39:44.280
<v Speaker 2>and other, you know, as we tell our crime stories,

0:39:44.280 --> 0:39:45.800
<v Speaker 2>and I think it will engage.

0:39:45.920 --> 0:39:47.279
<v Speaker 1>I think that's I think that's the key.

0:39:47.560 --> 0:39:49.480
<v Speaker 2>Yeah, I think it is too because your crime.

0:39:49.320 --> 0:39:54.480
<v Speaker 1>Stories are good headlines. You've got really good journalists. If

0:39:54.480 --> 0:39:58.319
<v Speaker 1>you've got too good journals writing it, and the you know,

0:39:58.400 --> 0:40:01.640
<v Speaker 1>it's it's captivating it, especially if he puts the imagery

0:40:01.680 --> 0:40:02.120
<v Speaker 1>up about it.

0:40:02.120 --> 0:40:04.560
<v Speaker 2>But like, if not, it's like anything right, it's like

0:40:04.600 --> 0:40:08.319
<v Speaker 2>anything mark, You've got to humanize it, right, And so

0:40:08.840 --> 0:40:11.239
<v Speaker 2>I mean TikTok sort of saying, oh, you know, it's

0:40:11.280 --> 0:40:13.600
<v Speaker 2>all about peer to peer. It's always been about peer

0:40:13.600 --> 0:40:16.319
<v Speaker 2>to peer. It's always been like going back, you know,

0:40:16.360 --> 0:40:18.480
<v Speaker 2>we started in eighteen seventy nine. The best story is

0:40:18.520 --> 0:40:22.319
<v Speaker 2>always ones which you could put a face to. What's

0:40:22.360 --> 0:40:25.680
<v Speaker 2>the illustration? How we know what's the picture? Where's the picture?

0:40:26.000 --> 0:40:29.440
<v Speaker 2>We're visual creatures, not just visual, but we also want

0:40:29.480 --> 0:40:31.560
<v Speaker 2>to hear the story personally. So if you told a

0:40:31.600 --> 0:40:35.600
<v Speaker 2>Bland story about hey, if you take this cod liver concoction,

0:40:35.760 --> 0:40:38.400
<v Speaker 2>then you know, statistics say you're going to live this.

0:40:38.840 --> 0:40:39.400
<v Speaker 1>Who cares?

0:40:39.480 --> 0:40:42.040
<v Speaker 2>Right? But if you've got someone who said, hey, I

0:40:42.080 --> 0:40:44.040
<v Speaker 2>was on death Store and I started taking this and

0:40:44.080 --> 0:40:46.719
<v Speaker 2>now I'm actually doing fifty press ups a.

0:40:46.760 --> 0:40:49.040
<v Speaker 1>Day, probably read that, especially if it was in a video.

0:40:49.200 --> 0:40:50.439
<v Speaker 2>Yeah, video even better.

0:40:50.680 --> 0:40:52.879
<v Speaker 1>Yeah, And it was someone who was known because because

0:40:52.920 --> 0:40:54.880
<v Speaker 1>you know, I was only prior to you coming in.

0:40:55.440 --> 0:40:57.839
<v Speaker 1>I did a podcast with a chap and he's got

0:40:57.840 --> 0:41:00.640
<v Speaker 1>this unbelievable new app in his very excepts for doing

0:41:00.640 --> 0:41:03.520
<v Speaker 1>these things as a technologist. But he was talking to

0:41:03.560 --> 0:41:08.279
<v Speaker 1>me about dementia and for people over sixty years of age,

0:41:08.280 --> 0:41:11.160
<v Speaker 1>and that's a big part of Australia, and I dare

0:41:11.160 --> 0:41:13.560
<v Speaker 1>say probably a lot of your subscribers are over sixty.

0:41:14.239 --> 0:41:19.920
<v Speaker 1>The most searched illness on the through all search engines

0:41:19.960 --> 0:41:23.319
<v Speaker 1>is dementia. Yeah, right, people is terrified of it. They

0:41:23.320 --> 0:41:24.680
<v Speaker 1>are actually terrified of it.

0:41:25.239 --> 0:41:29.320
<v Speaker 2>Well, going back to what you were saying, right, I

0:41:29.360 --> 0:41:31.359
<v Speaker 2>don't think many people actually anticipate they're going to die

0:41:31.360 --> 0:41:34.480
<v Speaker 2>at eighty one now, So the chances are you're going

0:41:34.480 --> 0:41:37.960
<v Speaker 2>to have some form of outzheimers of dementia if you're

0:41:38.000 --> 0:41:42.320
<v Speaker 2>going to live longer. So there's there's anxiety around, and

0:41:42.360 --> 0:41:45.200
<v Speaker 2>am I going to have enough dough? There's anxiety around,

0:41:45.760 --> 0:41:47.840
<v Speaker 2>and am I going to have my family around and

0:41:47.880 --> 0:41:48.240
<v Speaker 2>my friends?

0:41:48.360 --> 0:41:50.560
<v Speaker 1>There's going to be one mass my kids.

0:41:50.560 --> 0:41:51.319
<v Speaker 2>It's pretty much it.

0:41:51.400 --> 0:41:52.839
<v Speaker 1>And you say to your kids, it's nice to them,

0:41:53.560 --> 0:41:55.440
<v Speaker 1>of cook, they might all say, no, I got four

0:41:55.440 --> 0:41:59.280
<v Speaker 1>sons and their dad's stuff that. But there are important

0:41:59.360 --> 0:42:02.280
<v Speaker 1>questions I think for us. But I want to ask

0:42:02.320 --> 0:42:06.480
<v Speaker 1>you this question. You were a journalist originally.

0:42:06.560 --> 0:42:08.600
<v Speaker 2>Yeah, I still consider myself one.

0:42:08.680 --> 0:42:12.120
<v Speaker 1>Well yeah, but you're more you know, like sitting at

0:42:12.120 --> 0:42:14.200
<v Speaker 1>the top of the tree sort of making more decisions

0:42:14.239 --> 0:42:16.600
<v Speaker 1>in relation to the strategy around the business and then

0:42:16.680 --> 0:42:23.120
<v Speaker 1>probably looking over oversight on tactics. Sure, but do you

0:42:23.160 --> 0:42:25.680
<v Speaker 1>still have a hankering to be a journalist, like actually

0:42:25.719 --> 0:42:26.560
<v Speaker 1>want to write a story?

0:42:27.840 --> 0:42:30.880
<v Speaker 2>Yeah? Have you written any rate recently, I did an

0:42:30.920 --> 0:42:34.680
<v Speaker 2>interview with Jas Packer, which was a thrill.

0:42:34.960 --> 0:42:37.840
<v Speaker 1>Yep, I read it, did you Okay?

0:42:38.280 --> 0:42:40.520
<v Speaker 2>Yeah, I mean I did it as a Q and A,

0:42:40.640 --> 0:42:43.640
<v Speaker 2>which I think, you know, I really enjoyed it. I

0:42:43.640 --> 0:42:45.640
<v Speaker 2>thought he was fascinating. Did you have to go overseem

0:42:46.080 --> 0:42:51.239
<v Speaker 2>I didn't know. We just did it, you know, basically online,

0:42:51.560 --> 0:42:55.080
<v Speaker 2>and you know, it was tremendous and he was so candid. Yeah,

0:42:55.160 --> 0:42:58.920
<v Speaker 2>I thought it was the feedback spent incredibly candid, incredibly

0:42:59.120 --> 0:43:00.480
<v Speaker 2>yeah on him.

0:43:00.800 --> 0:43:04.440
<v Speaker 1>I felt like James was purging a little bit, like

0:43:04.480 --> 0:43:06.440
<v Speaker 1>it did, feel like getting it off his chest.

0:43:06.560 --> 0:43:09.080
<v Speaker 2>Yeah. I thought it was cathartic in some way, very cathartic,

0:43:09.200 --> 0:43:12.880
<v Speaker 2>you know, and it was really I was really heartened

0:43:12.880 --> 0:43:15.640
<v Speaker 2>by you know, he seems in a good, much better

0:43:15.640 --> 0:43:19.120
<v Speaker 2>place now. But anyway, I digress. So, yeah, that's got

0:43:19.120 --> 0:43:21.920
<v Speaker 2>the blood pumping a bit. But there's a thrill in

0:43:21.960 --> 0:43:25.280
<v Speaker 2>actually editing a paper and editing the sites, and that's

0:43:25.480 --> 0:43:28.319
<v Speaker 2>like there's a bigger canvas there and actually coming up

0:43:28.320 --> 0:43:31.520
<v Speaker 2>with ideas and then getting them executed is sort of

0:43:31.880 --> 0:43:32.959
<v Speaker 2>a different sort of thrill.

0:43:33.040 --> 0:43:34.880
<v Speaker 1>But how does it work? Does a journalist put the

0:43:34.880 --> 0:43:37.719
<v Speaker 1>story up and I mean the old days, someone would

0:43:37.760 --> 0:43:41.799
<v Speaker 1>have gone and corrected that.

0:43:42.000 --> 0:43:44.359
<v Speaker 2>I don't do that. But it's more like I said,

0:43:44.360 --> 0:43:46.680
<v Speaker 2>we come back to in the morning. We all get

0:43:46.719 --> 0:43:49.600
<v Speaker 2>together and the chief of staff's come in and they'll

0:43:49.640 --> 0:43:52.279
<v Speaker 2>talk about they'll have this topic plan, and they'll go

0:43:52.360 --> 0:43:56.040
<v Speaker 2>through what they're pitching. They'll pitch right, and there's probably

0:43:56.080 --> 0:44:00.399
<v Speaker 2>fifty stories they'll talk about, and I'll and the other

0:44:00.480 --> 0:44:02.279
<v Speaker 2>leaders will say, well, hang on, a man, what about this.

0:44:04.000 --> 0:44:06.960
<v Speaker 1>Physical meeting? Physical meaning like you're all sitting in.

0:44:07.560 --> 0:44:08.520
<v Speaker 2>It's very old fashioned.

0:44:08.600 --> 0:44:09.239
<v Speaker 1>Yeah, that's good.

0:44:09.360 --> 0:44:13.279
<v Speaker 2>Yeah. And that's where particularly the morning one. There's a

0:44:13.280 --> 0:44:16.000
<v Speaker 2>morning one, there's afternoon one, and in fact there's meetings

0:44:16.040 --> 0:44:18.839
<v Speaker 2>well before that. Like they start at six. People start

0:44:18.880 --> 0:44:22.720
<v Speaker 2>getting in at five their first sort of meeting talking

0:44:22.719 --> 0:44:26.560
<v Speaker 2>about content from about seven. The time we have our

0:44:26.640 --> 0:44:29.160
<v Speaker 2>main conference is ten. But everything's been up and running

0:44:29.160 --> 0:44:32.560
<v Speaker 2>for a long time. And that first conference is where

0:44:32.560 --> 0:44:35.239
<v Speaker 2>you have that really full and frank exchange of ideas,

0:44:35.440 --> 0:44:37.799
<v Speaker 2>you know, where you throw stuff around and people will

0:44:37.840 --> 0:44:40.120
<v Speaker 2>pipe up and say, do I think that's crap? So

0:44:40.239 --> 0:44:42.120
<v Speaker 2>what about this? And you know, and.

0:44:42.080 --> 0:44:44.160
<v Speaker 1>There is a consensus type where is it you.

0:44:46.000 --> 0:44:48.960
<v Speaker 2>A bit of both? Look, you know, you know, they

0:44:49.040 --> 0:44:51.680
<v Speaker 2>someone's talking about it as a benevolent sometimes not so

0:44:51.880 --> 0:44:58.960
<v Speaker 2>a benevolent dictatorship. But I certainly try to cultivate a

0:44:58.960 --> 0:45:01.960
<v Speaker 2>lot of voices in that room and try and get everyone,

0:45:02.320 --> 0:45:04.839
<v Speaker 2>you know, because that's how people get motivated, if they're

0:45:04.920 --> 0:45:07.799
<v Speaker 2>relevant and they're part of the process. Yeah, and herd.

0:45:08.000 --> 0:45:10.680
<v Speaker 2>And once you get that going, it's fantastic, you know,

0:45:11.040 --> 0:45:15.799
<v Speaker 2>and then people are fired up. The best newsroom are

0:45:15.840 --> 0:45:17.759
<v Speaker 2>the ones where the best newsrooms are the ones where

0:45:17.800 --> 0:45:20.719
<v Speaker 2>people are just like just leaning into stuff and excited

0:45:20.760 --> 0:45:23.560
<v Speaker 2>and chasing something that they think is a you know,

0:45:23.719 --> 0:45:24.919
<v Speaker 2>a really good thing to go after.

0:45:25.120 --> 0:45:28.080
<v Speaker 1>And you and I guess the reward is getting a

0:45:28.120 --> 0:45:30.759
<v Speaker 1>story up. Absolutely then for them to get a story up.

0:45:30.800 --> 0:45:33.440
<v Speaker 2>Yeah, I mean, you know, there's there's all sorts of

0:45:33.440 --> 0:45:37.719
<v Speaker 2>different things, Like there's there's chasing a scoundrule and you're

0:45:37.719 --> 0:45:39.359
<v Speaker 2>trying to trying to get at the current to get

0:45:39.360 --> 0:45:43.680
<v Speaker 2>their image. There's you know, there's a minister gone you know,

0:45:43.880 --> 0:45:46.759
<v Speaker 2>gone sour and so you're chasing the political story around that,

0:45:46.880 --> 0:45:49.879
<v Speaker 2>or there's a scandal involving a cover up or whatever.

0:45:49.880 --> 0:45:52.040
<v Speaker 2>There's so many different flavors to it. I mean, there's

0:45:52.200 --> 0:45:54.520
<v Speaker 2>there's a like last week we did the Bush Summit

0:45:55.800 --> 0:46:01.040
<v Speaker 2>in Orange and unbelievable luck for as we're concerned is

0:46:01.080 --> 0:46:05.040
<v Speaker 2>that literally four days before the summit, the federal Environment

0:46:05.040 --> 0:46:09.600
<v Speaker 2>Minister cans a one billion dollar gold mine just up

0:46:09.600 --> 0:46:11.239
<v Speaker 2>the road from where we were holding the summit. And

0:46:11.320 --> 0:46:14.279
<v Speaker 2>so so that was just a gift because then we

0:46:14.320 --> 0:46:15.960
<v Speaker 2>could just absolutely.

0:46:15.520 --> 0:46:18.879
<v Speaker 1>This is the goal mine. Yeah yeah, business business that.

0:46:19.320 --> 0:46:27.040
<v Speaker 2>Yeah, song lines yeah, and so we inside the business. Well,

0:46:27.160 --> 0:46:28.640
<v Speaker 2>let's have a lot of fun with that, you know.

0:46:28.800 --> 0:46:30.920
<v Speaker 2>And what that means is let's just go for it

0:46:31.120 --> 0:46:35.000
<v Speaker 2>and find every angle and you know, just and the

0:46:35.040 --> 0:46:36.840
<v Speaker 2>way you the way you have fun with it is

0:46:37.080 --> 0:46:40.160
<v Speaker 2>by exposing details is going after it and digging into

0:46:40.239 --> 0:46:43.319
<v Speaker 2>the story about well, what was the process, Who did

0:46:43.320 --> 0:46:46.240
<v Speaker 2>the minister speak to or didn't speak to? What about

0:46:46.239 --> 0:46:49.799
<v Speaker 2>the mine operator? Did they engage with the local Aboriginal community.

0:46:50.360 --> 0:46:53.200
<v Speaker 2>And it's in digging up those facts that the fund

0:46:53.200 --> 0:46:56.560
<v Speaker 2>has had because you expose the gaps just been.

0:46:56.520 --> 0:47:01.480
<v Speaker 1>English to the journalist or the journalists, Okay, you go

0:47:01.560 --> 0:47:06.120
<v Speaker 1>and find out, you know, whether the labor party above

0:47:06.160 --> 0:47:09.399
<v Speaker 1>the particular minister is an agreement with this outcome, both

0:47:09.400 --> 0:47:13.439
<v Speaker 1>at state and do you do allocate jobs.

0:47:15.440 --> 0:47:15.640
<v Speaker 4>That?

0:47:16.600 --> 0:47:18.840
<v Speaker 2>Sometimes I'll just say what about you know, one of

0:47:18.880 --> 0:47:21.680
<v Speaker 2>my reporters, I might say, what's odoity doing? Could he

0:47:21.800 --> 0:47:24.640
<v Speaker 2>do that? But it's more me. It's the chief of staffs.

0:47:24.680 --> 0:47:26.799
<v Speaker 2>They're in charge of the staff, right. I leave that

0:47:26.840 --> 0:47:29.120
<v Speaker 2>to them. I won't prescribe that because otherwise I'll screw

0:47:29.160 --> 0:47:31.560
<v Speaker 2>it up. Because they've got enough. They're juggling a lot

0:47:31.560 --> 0:47:34.040
<v Speaker 2>of balls. They'll know who they can allocate to it.

0:47:34.440 --> 0:47:38.320
<v Speaker 2>But what the most important thing each day is prioritizing.

0:47:39.800 --> 0:47:42.120
<v Speaker 2>You need to know what you're going after, and that's

0:47:42.200 --> 0:47:44.560
<v Speaker 2>maximum two or three stories that you really go after

0:47:44.560 --> 0:47:47.319
<v Speaker 2>and you throw your resources into. There's an old saying

0:47:47.360 --> 0:47:49.080
<v Speaker 2>that you know, if you've got the front page sign

0:47:49.160 --> 0:47:50.920
<v Speaker 2>up and everything else takes care of itself. It's not

0:47:50.960 --> 0:47:53.239
<v Speaker 2>quite like that, but it's pretty close. If you get

0:47:53.239 --> 0:47:55.960
<v Speaker 2>that main story right, then the rest of the paper

0:47:56.080 --> 0:47:59.160
<v Speaker 2>sort of you know, it usually is a good paper.

0:47:59.640 --> 0:48:01.359
<v Speaker 1>How do you know how long to go after something?

0:48:01.400 --> 0:48:03.960
<v Speaker 1>I mean, when something sort of run out of runt.

0:48:04.239 --> 0:48:04.839
<v Speaker 1>Sometimes I don't.

0:48:04.960 --> 0:48:08.040
<v Speaker 2>Sometimes I'm still obsessed with it. In people it's like, hey,

0:48:08.040 --> 0:48:09.719
<v Speaker 2>it's over all, it's over Yeah, you know, I'm like

0:48:09.760 --> 0:48:12.440
<v Speaker 2>that Japanese soldier on the island in the nineteen fifties.

0:48:12.760 --> 0:48:15.319
<v Speaker 2>But so, you know, that's why you have, you know,

0:48:15.640 --> 0:48:19.360
<v Speaker 2>a good sort of counsel of minds around you, saying

0:48:19.680 --> 0:48:20.319
<v Speaker 2>so pulling you.

0:48:20.360 --> 0:48:23.279
<v Speaker 1>Up and do you you you're in terms of your

0:48:23.280 --> 0:48:26.040
<v Speaker 1>team workers, I guess that's what you're referring to. Do

0:48:26.120 --> 0:48:29.920
<v Speaker 1>you tend to have people around you in that regard, like,

0:48:30.040 --> 0:48:32.200
<v Speaker 1>let's call it, you're in house counsel I mean lawyers,

0:48:32.800 --> 0:48:36.920
<v Speaker 1>but counselors, counselors or whatever the word is. Do you

0:48:36.960 --> 0:48:38.799
<v Speaker 1>rely on people that you've always known, you've worked with

0:48:38.840 --> 0:48:41.160
<v Speaker 1>in the past for a long time, You trust, they trust.

0:48:41.320 --> 0:48:43.399
<v Speaker 2>Yeah, I mean there's there's a there's a small group

0:48:43.400 --> 0:48:47.680
<v Speaker 2>of guys and girls in our office who are brilliant.

0:48:47.800 --> 0:48:51.000
<v Speaker 2>You know, I'm extremely blessed. A lot of people say

0:48:51.000 --> 0:48:53.680
<v Speaker 2>this about their teams, but I've just genuinely got a

0:48:53.719 --> 0:48:56.680
<v Speaker 2>great team around me, and I heavily rely on them.

0:48:56.880 --> 0:48:59.359
<v Speaker 2>You know, there's only about five or six of them

0:48:59.360 --> 0:49:02.239
<v Speaker 2>who you know, you bring him and you often will

0:49:02.280 --> 0:49:04.360
<v Speaker 2>have what we call a crisis meeting, was sort of

0:49:05.160 --> 0:49:07.800
<v Speaker 2>we'd love to call it a crisis meeting. And sometimes

0:49:07.880 --> 0:49:10.040
<v Speaker 2>it's six PM and go, Okay, what are we doing here?

0:49:10.239 --> 0:49:14.919
<v Speaker 2>It's still a mess, and you work through it, and

0:49:15.400 --> 0:49:17.560
<v Speaker 2>you know, you work through that on longer term projects.

0:49:17.600 --> 0:49:19.080
<v Speaker 2>You work through it on something you've got to turn

0:49:19.120 --> 0:49:20.040
<v Speaker 2>around the next half hour.

0:49:21.360 --> 0:49:24.920
<v Speaker 1>Where do you see and I don't mean in terms

0:49:24.960 --> 0:49:29.840
<v Speaker 1>of hard copies newspapers versus digital newspapers, but where do

0:49:29.880 --> 0:49:35.160
<v Speaker 1>you see news organizations like yours, like massive ones in

0:49:35.800 --> 0:49:40.040
<v Speaker 1>ten years time? Do you see? And hopefully they will

0:49:40.040 --> 0:49:42.040
<v Speaker 1>be listening. But you know, staff don't get nervous about this.

0:49:42.080 --> 0:49:44.799
<v Speaker 1>I'm not saying replacing stuff, but AI will have a

0:49:44.800 --> 0:49:45.719
<v Speaker 1>big part of all this.

0:49:45.920 --> 0:49:46.880
<v Speaker 2>Yeah, we'll play.

0:49:46.760 --> 0:49:50.360
<v Speaker 1>Big, and particularly the editorial stage that the stories we

0:49:50.400 --> 0:49:52.960
<v Speaker 1>want to chase, there'll be some sort of you might

0:49:52.960 --> 0:49:55.600
<v Speaker 1>even have it be some sort of software that'll be

0:49:55.920 --> 0:49:57.640
<v Speaker 1>looking at what's going on in the world and saying,

0:49:57.640 --> 0:49:59.520
<v Speaker 1>this is what everyone's talking about, is what readers want

0:49:59.520 --> 0:50:03.680
<v Speaker 1>to know about, and it will determine what the editorial

0:50:03.920 --> 0:50:05.520
<v Speaker 1>bent will be for the day or the week of

0:50:05.600 --> 0:50:05.960
<v Speaker 1>the month.

0:50:06.080 --> 0:50:08.439
<v Speaker 2>Yeah, I mean, look, we do you see it. It's

0:50:08.440 --> 0:50:10.880
<v Speaker 2>gonna it's going to be it's going to be massive.

0:50:11.719 --> 0:50:15.879
<v Speaker 2>But look, I'm more glass huffle. I see it as

0:50:15.920 --> 0:50:21.719
<v Speaker 2>liberating our finest minds, our best journals to actually do

0:50:21.760 --> 0:50:25.200
<v Speaker 2>what they do best, which is, you know, you know,

0:50:26.719 --> 0:50:31.800
<v Speaker 2>uncover and expose and and bring home stories that matter.

0:50:32.560 --> 0:50:35.080
<v Speaker 2>A lot of the time, there's an incredible amount of

0:50:35.160 --> 0:50:40.040
<v Speaker 2>unglamorous activity involved in actually putting a paper out and

0:50:40.040 --> 0:50:42.600
<v Speaker 2>actually pulling a story together. A lot of a lot

0:50:42.640 --> 0:50:45.240
<v Speaker 2>of calls that are not answered, a lot of emails

0:50:45.280 --> 0:50:48.320
<v Speaker 2>that are ignored, a lot of doors that are knocked

0:50:48.320 --> 0:50:53.719
<v Speaker 2>on that go unanswered as well. AI won't replace that,

0:50:54.080 --> 0:50:56.759
<v Speaker 2>but AI will go a long way to helping that.

0:50:56.800 --> 0:50:58.239
<v Speaker 1>Process more an enhancement.

0:50:58.560 --> 0:51:01.000
<v Speaker 2>Absolutely, So it's going to be and it's going to

0:51:01.000 --> 0:51:03.680
<v Speaker 2>be a tool in ways that we haven't imagined yet,

0:51:03.680 --> 0:51:05.680
<v Speaker 2>but the ways that I already know about is going

0:51:05.760 --> 0:51:10.360
<v Speaker 2>to be a fantastic aid to us. You know, it

0:51:10.400 --> 0:51:15.440
<v Speaker 2>can go, it can wade through. You might have a

0:51:15.480 --> 0:51:18.400
<v Speaker 2>hand side, say for example, or in Parliament.

0:51:18.160 --> 0:51:21.520
<v Speaker 1>Or the Deparliament record inquiries.

0:51:21.080 --> 0:51:24.000
<v Speaker 2>That committees have done, and you can you can basically

0:51:24.400 --> 0:51:27.759
<v Speaker 2>far more efficiently way through that council meetings, you know,

0:51:28.560 --> 0:51:30.440
<v Speaker 2>which we don't have enough reporters to go out of

0:51:30.440 --> 0:51:33.480
<v Speaker 2>the council meetings. Now there's no replacement for actually physically

0:51:33.520 --> 0:51:36.680
<v Speaker 2>being there, but certainly I can help with that. It

0:51:36.680 --> 0:51:40.280
<v Speaker 2>can also help I'll give you an example as well,

0:51:40.480 --> 0:51:44.000
<v Speaker 2>chat gpt, Right, So we just did it as an experiment.

0:51:44.040 --> 0:51:46.160
<v Speaker 2>We said, okay, we want to send a cadet to

0:51:46.800 --> 0:51:48.680
<v Speaker 2>and we imagine that there's been a drowning on the

0:51:48.680 --> 0:51:54.359
<v Speaker 2>central coast. And we said, okay, chat ChiPT, here's here

0:51:54.400 --> 0:51:57.839
<v Speaker 2>are the facts. A boy twelve has drowned at your

0:51:57.840 --> 0:52:03.160
<v Speaker 2>minor beach at ten am. His body was found face

0:52:03.280 --> 0:52:07.759
<v Speaker 2>down in the in the surf. Ask five questions, and

0:52:07.800 --> 0:52:11.719
<v Speaker 2>so chatchpt came up with questions like, you know, what

0:52:11.800 --> 0:52:14.640
<v Speaker 2>was his name? Okay, okay, that's fine. Ask us another

0:52:14.680 --> 0:52:18.799
<v Speaker 2>five questions. Chat cheapt says, well, was there anyone on

0:52:18.960 --> 0:52:21.600
<v Speaker 2>else on the beach, whether any surf life savers there?

0:52:22.280 --> 0:52:24.279
<v Speaker 2>Ask another five questions. And but the time we got

0:52:24.280 --> 0:52:26.319
<v Speaker 2>to the twentieth, and by the way, it's taken about

0:52:26.320 --> 0:52:29.480
<v Speaker 2>three minutes, it's asking questions that we didn't anticipate. So

0:52:29.760 --> 0:52:34.439
<v Speaker 2>that's story gathering, right, that that's a story gathering tool

0:52:34.560 --> 0:52:38.200
<v Speaker 2>that could be really useful for young reporters to hone

0:52:38.200 --> 0:52:40.720
<v Speaker 2>their craft about asking the right questions at a press conference.

0:52:40.880 --> 0:52:43.759
<v Speaker 2>As an example, there's so many things that it can

0:52:43.800 --> 0:52:46.840
<v Speaker 2>do that are going to help us. Yes, it's a

0:52:46.880 --> 0:52:49.960
<v Speaker 2>threat to but there's going to be there's going to

0:52:50.040 --> 0:52:51.640
<v Speaker 2>be some help along the way.

0:52:51.719 --> 0:52:54.920
<v Speaker 1>And do you think that there's going to be? I mean,

0:52:55.040 --> 0:52:59.719
<v Speaker 1>for me, for example, there's a survey one but that's

0:52:59.719 --> 0:53:02.640
<v Speaker 1>why I have until I have I should ask chat GBT.

0:53:02.840 --> 0:53:09.680
<v Speaker 1>But because I consume, because I have the ability to

0:53:09.719 --> 0:53:15.040
<v Speaker 1>consume so often and so fast local news. So let's

0:53:15.080 --> 0:53:20.800
<v Speaker 1>take the Bondi Junction Westfield drama. It was everywhere and

0:53:21.640 --> 0:53:24.760
<v Speaker 1>pretty much everyone had the same information at that stage,

0:53:25.200 --> 0:53:26.680
<v Speaker 1>so I felt as though I had seen it all

0:53:26.719 --> 0:53:30.640
<v Speaker 1>and read it all. I did sort of give myself

0:53:30.640 --> 0:53:34.520
<v Speaker 1>a bit of an uppercut because that night, I won't

0:53:34.520 --> 0:53:36.279
<v Speaker 1>say I lost interest in it, but my interest had

0:53:36.320 --> 0:53:39.080
<v Speaker 1>been completely filled. My cup was filled. I couldn't get

0:53:39.120 --> 0:53:43.920
<v Speaker 1>any more information. So I started watching global news. Now

0:53:43.960 --> 0:53:47.160
<v Speaker 1>I don't know whether I'm an unusual survey, but I

0:53:47.239 --> 0:53:48.840
<v Speaker 1>was then became more interested in what was happening in

0:53:48.880 --> 0:53:51.920
<v Speaker 1>the US and a little bit to this and to

0:53:52.000 --> 0:53:55.520
<v Speaker 1>the UK, which is my sort of too important areas

0:53:55.520 --> 0:53:58.600
<v Speaker 1>that I like to know about inter the news. Do

0:53:58.640 --> 0:54:03.920
<v Speaker 1>you think that news will become more local? And sorry,

0:54:04.040 --> 0:54:09.200
<v Speaker 1>less local and more global. Over time, our consumers becoming

0:54:09.200 --> 0:54:11.480
<v Speaker 1>more interested in what's going on around in the world,

0:54:12.080 --> 0:54:14.920
<v Speaker 1>far more is if I'm a weight attached to that

0:54:15.440 --> 0:54:17.560
<v Speaker 1>than has been in the past, or do you think

0:54:17.600 --> 0:54:19.320
<v Speaker 1>people just really want to know what's going on locally?

0:54:19.840 --> 0:54:21.960
<v Speaker 2>I think it's the latter. I think you're you're a

0:54:21.960 --> 0:54:26.320
<v Speaker 2>really well educated person. You know, you've traveled the world,

0:54:26.560 --> 0:54:29.720
<v Speaker 2>You're a worldly person. I'm not saying most people aren't

0:54:29.800 --> 0:54:35.160
<v Speaker 2>like that, but my experience is that hyper local is

0:54:35.480 --> 0:54:37.280
<v Speaker 2>where people are at. They want to know what's happening

0:54:37.400 --> 0:54:41.080
<v Speaker 2>in their world. It doesn't mean they don't also want

0:54:41.120 --> 0:54:43.279
<v Speaker 2>to know about what's happening in the States, But there's

0:54:43.320 --> 0:54:46.279
<v Speaker 2>no point me focusing resources on that because I will

0:54:46.280 --> 0:54:48.919
<v Speaker 2>never do it as well as anyone else. What I can,

0:54:49.040 --> 0:54:52.320
<v Speaker 2>what I do have a comparative advantage in is hyper

0:54:52.360 --> 0:54:57.680
<v Speaker 2>local and owning this town.

0:55:04.040 --> 0:55:09.120
<v Speaker 1>So talking about him globally, let's talk about him Donald Trump,

0:55:10.560 --> 0:55:12.640
<v Speaker 1>former president or I think they're still call it a

0:55:12.719 --> 0:55:18.040
<v Speaker 1>bunch of presidents President President Trump the next election, so

0:55:18.280 --> 0:55:20.840
<v Speaker 1>no doubt, you know you're going to be covering you

0:55:20.840 --> 0:55:26.280
<v Speaker 1>guys are covering at all. Is camally going to beat Donald?

0:55:28.160 --> 0:55:30.080
<v Speaker 1>What would you think of that? I mean that do

0:55:30.120 --> 0:55:33.719
<v Speaker 1>you think that was like an unbelievable cute move in

0:55:33.840 --> 0:55:34.879
<v Speaker 1>terms of timing.

0:55:35.000 --> 0:55:39.040
<v Speaker 2>It is incredible. I think that the well, I don't

0:55:39.360 --> 0:55:41.480
<v Speaker 2>interest in your thoughts, but I thought the Democrats time

0:55:41.520 --> 0:55:45.719
<v Speaker 2>that debate to give them options. I think what the

0:55:45.760 --> 0:55:49.239
<v Speaker 2>Democrats have done to reimagine her is unbelievable.

0:55:49.560 --> 0:55:52.800
<v Speaker 1>It's incredible. Her social media is and Craig has got nothing,

0:55:52.840 --> 0:55:54.160
<v Speaker 1>but it's ridiculously good.

0:55:54.440 --> 0:55:59.640
<v Speaker 2>It's the Signefeld candidate, right, yeah, totally. You know she's

0:55:59.680 --> 0:56:04.840
<v Speaker 2>at about nothing, but it's the vibe the book. But

0:56:04.880 --> 0:56:09.600
<v Speaker 2>it's amazing how suddenly Trump's the old guy. Yeah, and

0:56:09.640 --> 0:56:12.200
<v Speaker 2>he looks at it. Yeah. And he hasn't worked it

0:56:12.200 --> 0:56:15.640
<v Speaker 2>out yet. Do you think he hasn't worked out how

0:56:15.719 --> 0:56:19.880
<v Speaker 2>to what the narrative is? You know, he's it's not

0:56:20.000 --> 0:56:21.920
<v Speaker 2>working for him to attack her personally yet.

0:56:22.040 --> 0:56:22.080
<v Speaker 1>No.

0:56:23.040 --> 0:56:26.319
<v Speaker 2>I think I think if he sticks to policies and

0:56:26.840 --> 0:56:31.279
<v Speaker 2>he's every chance. I haven't answer your question whether she'll win,

0:56:31.840 --> 0:56:32.280
<v Speaker 2>I reckon.

0:56:33.200 --> 0:56:34.759
<v Speaker 1>I mean, the poll's got right ahead at the moment,

0:56:34.840 --> 0:56:40.640
<v Speaker 1>slightly they do. No. Is it a popularity contest though,

0:56:40.680 --> 0:56:42.600
<v Speaker 1>like I mean as America, Yeah, there is. I'm moved

0:56:42.600 --> 0:56:45.000
<v Speaker 1>away from policy to popularity because we're talking about a

0:56:45.080 --> 0:56:47.160
<v Speaker 1>voting of a present. We're not trying to talk about

0:56:47.200 --> 0:56:50.000
<v Speaker 1>voting for a party versus another party. It's now, okay,

0:56:50.080 --> 0:56:52.319
<v Speaker 1>this is where where I think that.

0:56:54.160 --> 0:56:57.960
<v Speaker 2>I think that if Trump successfully positions her as part

0:56:57.960 --> 0:57:01.400
<v Speaker 2>of the current administration, and he sticks to policies, he

0:57:01.480 --> 0:57:06.440
<v Speaker 2>just talks about immigration, cost of living, and getting America

0:57:06.480 --> 0:57:10.400
<v Speaker 2>moving again, and then he wins. I'm not sure if

0:57:10.400 --> 0:57:13.719
<v Speaker 2>he can. I'm sure if he's capable of it. And

0:57:13.760 --> 0:57:16.400
<v Speaker 2>I think the other problem is that people look at

0:57:16.440 --> 0:57:18.920
<v Speaker 2>him and they go, maybe we don't want to move

0:57:18.920 --> 0:57:21.800
<v Speaker 2>on from all the rancor, and maybe this is our

0:57:21.920 --> 0:57:24.600
<v Speaker 2>chance to break from that, whether rightly or wrong. We

0:57:24.800 --> 0:57:28.880
<v Speaker 2>maybe he's associated with that. But if you had a

0:57:28.880 --> 0:57:32.200
<v Speaker 2>gun to my head, I say Trump wins just I

0:57:32.200 --> 0:57:33.680
<v Speaker 2>think he just gets over the line. I think he

0:57:33.720 --> 0:57:38.880
<v Speaker 2>gets Georgia. I think he wins. He still wins Arizona

0:57:38.960 --> 0:57:45.760
<v Speaker 2>and Nevada and maybe one of the rus states, maybe Pennsylvania,

0:57:45.800 --> 0:57:49.640
<v Speaker 2>and he gets there. Does it make a difference, That's

0:57:49.640 --> 0:57:51.840
<v Speaker 2>a great question, That's a great I think it's off

0:57:51.880 --> 0:57:55.400
<v Speaker 2>and overstated what difference it makes? I really do? I mean,

0:57:55.400 --> 0:57:57.600
<v Speaker 2>people talk about Trump like, oh my god, if Trump

0:57:57.680 --> 0:58:00.480
<v Speaker 2>comes in, it's just going to be armageddon. Kind of

0:58:00.560 --> 0:58:04.720
<v Speaker 2>wasn't when he was president. In fact, on a foreign

0:58:04.760 --> 0:58:07.760
<v Speaker 2>policy front, it was actually very sound. I didn't have

0:58:07.800 --> 0:58:12.040
<v Speaker 2>any any wars. He's actually you're right, he was quite

0:58:12.040 --> 0:58:14.240
<v Speaker 2>sound and quite reasonable.

0:58:13.800 --> 0:58:14.480
<v Speaker 1>Very reasonable.

0:58:14.520 --> 0:58:17.040
<v Speaker 2>I mean, he's a very good businessman, and he kind

0:58:17.040 --> 0:58:19.880
<v Speaker 2>of ran it that way, and America was pumping before

0:58:20.160 --> 0:58:24.560
<v Speaker 2>COVID came along. So I agree with you. I think

0:58:24.600 --> 0:58:27.720
<v Speaker 2>it's a great question. I think that we definitely overestimate

0:58:27.880 --> 0:58:30.960
<v Speaker 2>the importance of whoever the incumbony is. I mean, look,

0:58:31.120 --> 0:58:34.120
<v Speaker 2>America's basically been running without with someone. They've been running

0:58:34.120 --> 0:58:35.840
<v Speaker 2>in the vacuum for the last two years. Biden has

0:58:35.880 --> 0:58:39.760
<v Speaker 2>not been firing on all cylinder, and nor does she.

0:58:40.080 --> 0:58:42.600
<v Speaker 2>You have to go back on, go back through the

0:58:42.640 --> 0:58:45.680
<v Speaker 2>transcript about how she how muddled she is on so

0:58:45.720 --> 0:58:49.400
<v Speaker 2>many issues. But you know, I must say she's been

0:58:49.480 --> 0:58:53.040
<v Speaker 2>pretty good in the spotlight the last four weeks. Incredible.

0:58:53.080 --> 0:58:59.720
<v Speaker 1>Actually, well, you guys in your organization, you sort of

0:58:59.720 --> 0:59:02.760
<v Speaker 1>dig deep into the weeds and you must be getting

0:59:02.800 --> 0:59:10.400
<v Speaker 1>sort of lots of information from the US. This looks

0:59:10.480 --> 0:59:13.640
<v Speaker 1>like to me, it looks it looks like to me,

0:59:13.840 --> 0:59:15.320
<v Speaker 1>no idea, but it looks like to me, it's all

0:59:15.400 --> 0:59:18.480
<v Speaker 1>been coordinated below like it looks like there's a puppet

0:59:18.520 --> 0:59:19.480
<v Speaker 1>master or puppet mark.

0:59:19.520 --> 0:59:22.480
<v Speaker 2>It does look that way. I'm not a conspiracy theorist,

0:59:22.360 --> 0:59:25.840
<v Speaker 2>but it does. Yeah, it looks scripted, right, It looked

0:59:25.880 --> 0:59:28.160
<v Speaker 2>totally looks scripted. Well, certainly because I know and.

0:59:28.120 --> 0:59:30.800
<v Speaker 1>I'm talking this conspiracy either. I'm just saying just this

0:59:30.880 --> 0:59:34.520
<v Speaker 1>is power brokers managing a process and doing a brilliant

0:59:34.560 --> 0:59:35.120
<v Speaker 1>job at it.

0:59:35.120 --> 0:59:37.320
<v Speaker 2>Doing a brilliant job at it, and aid and embedded

0:59:37.360 --> 0:59:40.640
<v Speaker 2>by the vast majority of mainstream media. Yeah, I mean,

0:59:40.680 --> 0:59:47.040
<v Speaker 2>I forget the Hunter Biden laptop was buried, was buried

0:59:47.040 --> 0:59:50.920
<v Speaker 2>by Google, was buried by Zuckerberg, was buried by Twitter

0:59:51.080 --> 0:59:54.080
<v Speaker 2>before must took it, and it was buried by all

0:59:54.080 --> 0:59:57.440
<v Speaker 2>the mainstream networks. The only ones that were running it

0:59:57.520 --> 1:00:01.480
<v Speaker 2>were the Post Wall Street Journal, and so most of

1:00:01.480 --> 1:00:03.640
<v Speaker 2>America did not even know about it. And yet it

1:00:03.680 --> 1:00:06.080
<v Speaker 2>was a scandal. It was it was a dreadful scandal.

1:00:06.560 --> 1:00:09.800
<v Speaker 2>So that plays a big It's just to your point

1:00:09.840 --> 1:00:13.439
<v Speaker 2>about it all being neatly scripted. They're all they're all

1:00:13.880 --> 1:00:15.240
<v Speaker 2>dancing to that cart are.

1:00:15.120 --> 1:00:17.240
<v Speaker 1>We talking like a No, I don't want to get

1:00:17.280 --> 1:00:20.760
<v Speaker 1>really weird. But is it like a cabal of powerful people?

1:00:20.760 --> 1:00:23.200
<v Speaker 1>I don't know if it is. Yeah, but like I

1:00:23.240 --> 1:00:23.440
<v Speaker 1>don't know.

1:00:23.480 --> 1:00:24.920
<v Speaker 2>I think they get together.

1:00:24.640 --> 1:00:28.480
<v Speaker 1>In a room, right, So it's not coordinated, but there's

1:00:28.520 --> 1:00:30.080
<v Speaker 1>almost like market signaling.

1:00:30.280 --> 1:00:31.360
<v Speaker 2>Yeah, market signaling.

1:00:31.400 --> 1:00:36.320
<v Speaker 1>They're signaling and like, I get it. You guys are

1:00:36.360 --> 1:00:40.360
<v Speaker 1>saying that, so we'll how we're going to contribute on

1:00:40.400 --> 1:00:42.680
<v Speaker 1>Facebook and I'm going to say I'm going to bury this,

1:00:44.040 --> 1:00:46.000
<v Speaker 1>and and then there would.

1:00:45.840 --> 1:00:49.640
<v Speaker 2>Have been phone calls. Yeah for sure, mates, mate, this

1:00:49.640 --> 1:00:52.160
<v Speaker 2>this is rubbish. You're not gonna run Thatay, no, don't

1:00:52.200 --> 1:00:54.960
<v Speaker 2>worry buried. Yeah, you know, So it would have been

1:00:55.000 --> 1:00:57.960
<v Speaker 2>more kind of at that level. Like as I say,

1:00:58.000 --> 1:01:00.160
<v Speaker 2>it wouldn't have been executive meeting saying you know, this

1:01:00.280 --> 1:01:05.240
<v Speaker 2>is our policy. But you also have within these organizations

1:01:05.280 --> 1:01:08.320
<v Speaker 2>everyone signed up, right, So you're sort of pushing through

1:01:08.320 --> 1:01:10.200
<v Speaker 2>an open door. Everyone's all part of that mission.

1:01:10.640 --> 1:01:13.160
<v Speaker 1>Because I mean during COVID, you know, Lack's already admitted

1:01:13.160 --> 1:01:18.880
<v Speaker 1>that he buried certain stuff about COVID. It's dangerous, totally dangerous.

1:01:18.920 --> 1:01:24.400
<v Speaker 2>I mean, you know, people would say I'm a murder editor. Yeah, well,

1:01:24.440 --> 1:01:26.320
<v Speaker 2>what are you talking about? Don't you guys do that?

1:01:27.920 --> 1:01:30.439
<v Speaker 1>Whether you do it or it doesn't matter, but maybe

1:01:30.440 --> 1:01:32.440
<v Speaker 1>they both dangerous. But at least it's good to know

1:01:32.480 --> 1:01:35.160
<v Speaker 1>that there's two sides of the imbalance in the system.

1:01:36.000 --> 1:01:40.320
<v Speaker 1>And I guess that you know people's prejudices and there

1:01:42.320 --> 1:01:46.760
<v Speaker 1>and also their biases. We're humans. It always comes out. Yeah,

1:01:47.320 --> 1:01:49.440
<v Speaker 1>have the ability to write it because even like, if

1:01:49.440 --> 1:01:52.760
<v Speaker 1>I look at the way someone writes a story, I

1:01:52.760 --> 1:01:55.080
<v Speaker 1>mean generally speaking, I can see the language that they

1:01:55.160 --> 1:01:57.200
<v Speaker 1>use is going to reflect their bias in the end,

1:01:57.240 --> 1:01:58.040
<v Speaker 1>with their prejudice.

1:01:58.360 --> 1:02:02.040
<v Speaker 2>It is, and rightly so. There've been concerns in the

1:02:02.080 --> 1:02:05.120
<v Speaker 2>past of our concentration of media, but we've never seen

1:02:05.160 --> 1:02:09.160
<v Speaker 2>anything like this in human history where a search engine

1:02:09.280 --> 1:02:13.560
<v Speaker 2>is so utterly dominant on how we get our information.

1:02:14.280 --> 1:02:18.280
<v Speaker 2>And so it's unprecedented and terrifying in a sense that

1:02:19.120 --> 1:02:24.800
<v Speaker 2>you know, whatever you type in you can't it's been controlled.

1:02:25.200 --> 1:02:27.680
<v Speaker 1>So you must have brother. This breathed a sigh of relief,

1:02:27.720 --> 1:02:30.720
<v Speaker 1>and Musk took over x Or took over Twitter, because yeah,

1:02:30.840 --> 1:02:33.880
<v Speaker 1>well he's sort of brought some he brought another side

1:02:33.880 --> 1:02:34.320
<v Speaker 1>of the story.

1:02:34.520 --> 1:02:38.440
<v Speaker 2>Yeah, I mean, look, he's a grenade thrower. We need

1:02:38.480 --> 1:02:40.600
<v Speaker 2>them in the world, right, Yeah, it needs to be

1:02:40.600 --> 1:02:41.000
<v Speaker 2>a bit.

1:02:40.840 --> 1:02:43.320
<v Speaker 1>Messy, rightly or wrongly, we do need it. Well.

1:02:43.320 --> 1:02:47.440
<v Speaker 2>I think that's where you know, Trump is sort of

1:02:47.440 --> 1:02:51.520
<v Speaker 2>in their mole too, right, So when people say they

1:02:51.520 --> 1:02:54.360
<v Speaker 2>don't like Trump, it's mainly because, like when you actually

1:02:54.400 --> 1:02:57.360
<v Speaker 2>push them on it, it's often quite slippery. They can't

1:02:57.360 --> 1:02:59.240
<v Speaker 2>actually say what it is they hate about him.

1:02:59.480 --> 1:03:00.880
<v Speaker 1>I think he's got he's obnoxious.

1:03:01.280 --> 1:03:04.000
<v Speaker 2>I think it's because he's he kind of goes against

1:03:04.000 --> 1:03:07.520
<v Speaker 2>the grain of what people expect a politician should look

1:03:07.520 --> 1:03:09.920
<v Speaker 2>and feel like and sound like and sound like right,

1:03:10.000 --> 1:03:12.760
<v Speaker 2>and so he's that ultimate disruptor in that way, and

1:03:13.120 --> 1:03:17.520
<v Speaker 2>you know, there's there's a lot that's objectionable about that.

1:03:17.600 --> 1:03:21.680
<v Speaker 2>But also I think none of us should be surprised

1:03:21.680 --> 1:03:25.600
<v Speaker 2>that he came along, because we had were basically served

1:03:25.680 --> 1:03:29.000
<v Speaker 2>up crap for so long that there was there was

1:03:29.040 --> 1:03:30.840
<v Speaker 2>a vacuum there waiting to be filled.

1:03:30.880 --> 1:03:34.520
<v Speaker 1>I assume as the ultimate disruptor because he disrupted politics

1:03:35.880 --> 1:03:38.240
<v Speaker 1>without any right to do so. But he saw the

1:03:38.240 --> 1:03:41.400
<v Speaker 1>opportunity absolutely, And I have met him a couple of times,

1:03:41.400 --> 1:03:43.480
<v Speaker 1>and you know, on the occasions that I interviewed him once.

1:03:44.960 --> 1:03:47.000
<v Speaker 1>The only interview he did in Australia I had, He

1:03:47.040 --> 1:03:49.080
<v Speaker 1>gave me a half hour interviewer was during the TV

1:03:49.520 --> 1:03:53.040
<v Speaker 1>series and he of course owns The Apprentice with one

1:03:53.040 --> 1:03:56.360
<v Speaker 1>of the owners of The Apprentice, and so he offered to

1:03:56.400 --> 1:03:58.000
<v Speaker 1>do it. He offered me that he I could do

1:03:58.040 --> 1:04:02.040
<v Speaker 1>it and we get footage for a show. But the

1:04:02.120 --> 1:04:05.920
<v Speaker 1>thing that I took away from was as pre president,

1:04:06.600 --> 1:04:13.200
<v Speaker 1>he has to be for me the most the an

1:04:13.280 --> 1:04:21.000
<v Speaker 1>ultimate or the ultimate marketing person when you go to

1:04:21.040 --> 1:04:25.320
<v Speaker 1>market your own brand. Genius ever in history, well that's

1:04:25.320 --> 1:04:28.000
<v Speaker 1>a lot coming from you. There's you know, there's a

1:04:28.000 --> 1:04:30.880
<v Speaker 1>lot of people who are up there. But but in

1:04:30.920 --> 1:04:33.320
<v Speaker 1>modern history, at least obviously there's an agent. You know,

1:04:33.840 --> 1:04:36.520
<v Speaker 1>JC was pretty good at it, but he still lasted

1:04:36.640 --> 1:04:41.400
<v Speaker 1>till today. But Trump in modern history has to be

1:04:41.440 --> 1:04:45.520
<v Speaker 1>one of the most ultimate, the ultimate. I think self

1:04:45.560 --> 1:04:48.320
<v Speaker 1>market self promoters. And I don't mean that as a

1:04:48.440 --> 1:04:52.960
<v Speaker 1>narcissist in a narcissistic way. I just mean putting himself

1:04:53.000 --> 1:04:56.200
<v Speaker 1>in a position to disrupt politics as it was always seen.

1:04:57.400 --> 1:04:58.400
<v Speaker 2>He has a genius.

1:04:58.480 --> 1:05:00.520
<v Speaker 1>There is a genius. There is a genius even in

1:05:00.520 --> 1:05:02.720
<v Speaker 1>the way he speaks. And because I can tell you

1:05:02.760 --> 1:05:05.520
<v Speaker 1>the language we hear on television is not how he

1:05:05.520 --> 1:05:09.040
<v Speaker 1>speaks one on one really, No, he doesn't talk that way.

1:05:09.120 --> 1:05:14.600
<v Speaker 1>That's a deliberate. It's deliberate. Well, it's well crafted. Like

1:05:14.760 --> 1:05:16.560
<v Speaker 1>where there's others of crafts for him. I don't know,

1:05:16.600 --> 1:05:17.640
<v Speaker 1>but it's well crafted.

1:05:17.680 --> 1:05:19.040
<v Speaker 2>The language jective though, isn't it?

1:05:19.040 --> 1:05:21.760
<v Speaker 1>He does he does it. It's a performance, yeah, it is.

1:05:22.120 --> 1:05:27.880
<v Speaker 1>It's like it's showmanship at best. He's incredibly entertaining. Even

1:05:27.880 --> 1:05:30.760
<v Speaker 1>if you hate him, he's still entertaining. Want to watch

1:05:30.840 --> 1:05:32.440
<v Speaker 1>him to hate him? Do you want to watch him

1:05:32.440 --> 1:05:33.520
<v Speaker 1>to criticize him for somebody else?

1:05:33.600 --> 1:05:37.280
<v Speaker 2>In no accident that The New York Times, the Washington

1:05:37.320 --> 1:05:41.360
<v Speaker 2>Post has left leaning mastheads of the States had the

1:05:41.400 --> 1:05:44.840
<v Speaker 2>greatest subscript subscription growth after Trump won. It was the

1:05:44.840 --> 1:05:47.280
<v Speaker 2>best thing that ever happened to them because they had

1:05:47.280 --> 1:05:50.120
<v Speaker 2>something to rail against and people rally to them to say, well,

1:05:50.360 --> 1:05:53.560
<v Speaker 2>why should we hate Trump? When they articulated it for them.

1:05:53.960 --> 1:05:58.080
<v Speaker 1>Do you think that I know we don't have president's

1:05:58.080 --> 1:06:01.439
<v Speaker 1>elections in Australia, but like, do you think that our

1:06:02.200 --> 1:06:04.800
<v Speaker 1>we are starting to move a little bit towards our territory?

1:06:04.960 --> 1:06:07.520
<v Speaker 1>And it's nearly becoming when our poles do this, but

1:06:07.800 --> 1:06:10.919
<v Speaker 1>prime ministerial elections, I know we both for our local member.

1:06:10.960 --> 1:06:12.960
<v Speaker 1>But we are starting to move that territory.

1:06:13.000 --> 1:06:15.760
<v Speaker 2>I think we are. And you see that this week

1:06:15.960 --> 1:06:22.400
<v Speaker 2>with Jim Chalmers has attacked Uton. Yeah, attacked the man policy.

1:06:23.000 --> 1:06:26.479
<v Speaker 2>It's harder to actually win the argument on policy these days.

1:06:26.480 --> 1:06:29.400
<v Speaker 2>The SoundBite is getting compressed and so they go after

1:06:29.400 --> 1:06:31.960
<v Speaker 2>the guy, which I think, by the way, is a

1:06:31.960 --> 1:06:32.960
<v Speaker 2>sign of insecurity.

1:06:33.520 --> 1:06:35.680
<v Speaker 1>It's not very Australian either. By the way, I'm not

1:06:35.720 --> 1:06:37.800
<v Speaker 1>sure if it works. We play we don't we play

1:06:37.840 --> 1:06:38.840
<v Speaker 1>the ball, we don't play the man.

1:06:38.920 --> 1:06:40.720
<v Speaker 2>Yeah, that's like it.

1:06:40.840 --> 1:06:43.080
<v Speaker 1>No, I that's what I think too. And I but

1:06:43.200 --> 1:06:46.840
<v Speaker 1>my gut feeling is politics is borrowing from what they

1:06:46.880 --> 1:06:50.480
<v Speaker 1>see in America, definitely, and it's nearly like there. I mean,

1:06:50.840 --> 1:06:53.840
<v Speaker 1>particularly when it comes to Labor and the Democrats, Labor

1:06:53.880 --> 1:06:56.960
<v Speaker 1>and Australia the democracy is I think that it feels

1:06:57.080 --> 1:06:59.640
<v Speaker 1>like to me that they're nearly talking to each other

1:07:00.080 --> 1:07:02.400
<v Speaker 1>saying listen, we're gonna lecture coming up to is there

1:07:02.480 --> 1:07:07.240
<v Speaker 1>something you can help us as your you know, compatriots

1:07:07.280 --> 1:07:12.080
<v Speaker 1>in the same cause win our next election or hold

1:07:12.120 --> 1:07:14.520
<v Speaker 1>our position in Australia. This is important for you as

1:07:14.560 --> 1:07:19.360
<v Speaker 1>a Democrat, if you as a Democrat leadership for Australia

1:07:19.400 --> 1:07:22.720
<v Speaker 1>to be similar with the Labor Party. And I just

1:07:22.800 --> 1:07:24.520
<v Speaker 1>get that's just the thing I feel.

1:07:24.800 --> 1:07:28.880
<v Speaker 2>Certainly, certainly in terms of political strategy, there's a there's

1:07:28.880 --> 1:07:32.560
<v Speaker 2>a heap of exchange of ideas. There's actually individuals who

1:07:32.600 --> 1:07:35.360
<v Speaker 2>worked on both campaigns. It happened with Kirs Starmer. It

1:07:35.440 --> 1:07:41.400
<v Speaker 2>happened also on the Conservative side where Crosby Texter, you know,

1:07:42.560 --> 1:07:46.760
<v Speaker 2>they helped out with the Conservative campaigns in the UK.

1:07:47.520 --> 1:07:50.040
<v Speaker 2>There's actually a Labor guy from Australia who's working on

1:07:50.040 --> 1:07:53.320
<v Speaker 2>the Democrats campaign. So there's there's definitely.

1:07:53.160 --> 1:07:54.960
<v Speaker 1>And we'll come back to probably to work on.

1:07:55.240 --> 1:07:57.720
<v Speaker 2>There's cross pollination there happening, and so that is the

1:07:57.880 --> 1:08:00.600
<v Speaker 2>That's the real deal, definitely, because I just be something.

1:08:00.640 --> 1:08:03.800
<v Speaker 1>I just feel it. Because the way like they're polling

1:08:03.840 --> 1:08:05.680
<v Speaker 1>every week, you know.

1:08:05.680 --> 1:08:08.440
<v Speaker 2>And the small so at the moment, what you know,

1:08:08.480 --> 1:08:10.280
<v Speaker 2>he's actually written about the weekend. I'm not making this

1:08:10.400 --> 1:08:13.920
<v Speaker 2>up that they was saying that the small target strategy

1:08:14.280 --> 1:08:19.000
<v Speaker 2>that Kamala has adopted may in some way have been borrowed.

1:08:19.439 --> 1:08:21.920
<v Speaker 2>I mean maybe it's overstating it, but they're suggesting that that,

1:08:22.680 --> 1:08:25.920
<v Speaker 2>you know, does emulate in a way the way ALBINIZI

1:08:26.800 --> 1:08:29.519
<v Speaker 2>had a successful campaign in that he kind of was

1:08:29.560 --> 1:08:32.519
<v Speaker 2>able to successfully present himself as a as a you know,

1:08:33.320 --> 1:08:36.639
<v Speaker 2>no damage alternative that you know, I've got a safe

1:08:36.680 --> 1:08:40.559
<v Speaker 2>pair of hands here. There was not much policy, you know,

1:08:40.760 --> 1:08:43.680
<v Speaker 2>not not huge policy discussion during that campaign. It was

1:08:43.720 --> 1:08:45.200
<v Speaker 2>mainly just I'm not Morrison.

1:08:45.920 --> 1:08:50.439
<v Speaker 1>Yeah, well, it's funny you should say that, because I've

1:08:50.479 --> 1:08:54.040
<v Speaker 1>been thinking about the upcoming election. By the way, I

1:08:54.040 --> 1:08:57.360
<v Speaker 1>have a prediction. So I'll boldly say to you, great

1:08:57.600 --> 1:09:01.040
<v Speaker 1>I think, and I've said this. I still do lots

1:09:01.040 --> 1:09:04.200
<v Speaker 1>of talks and lectures on the economy, and I said recently,

1:09:04.280 --> 1:09:10.160
<v Speaker 1>I said, if Labor calls an election before the end

1:09:10.160 --> 1:09:14.519
<v Speaker 1>of this year, you can pretty much bet that come

1:09:14.560 --> 1:09:16.200
<v Speaker 1>for every next year we're going to have a recession.

1:09:17.360 --> 1:09:19.559
<v Speaker 1>Because they know the numbers better than anybody else, because

1:09:19.560 --> 1:09:22.720
<v Speaker 1>you know, they're talking to Treasury all the time, and

1:09:23.200 --> 1:09:25.840
<v Speaker 1>Labor will call that election because they don't want to

1:09:25.840 --> 1:09:27.240
<v Speaker 1>go into it. They don't want to go into election

1:09:27.280 --> 1:09:30.840
<v Speaker 1>mode intercession, inter recession, because that that's just good night.

1:09:32.080 --> 1:09:34.160
<v Speaker 1>It doesn't necessarily follow if they don't call election before

1:09:34.160 --> 1:09:35.320
<v Speaker 1>the end of the year, that we won't have a

1:09:35.320 --> 1:09:37.520
<v Speaker 1>recession next year, because there could be other ministry.

1:09:37.880 --> 1:09:39.679
<v Speaker 2>Definitely will be one if the dred percent.

1:09:40.280 --> 1:09:43.360
<v Speaker 1>And we are seeing a little bit of noise at

1:09:43.360 --> 1:09:46.120
<v Speaker 1>the moment and a little bit of ball passing and

1:09:46.160 --> 1:09:50.560
<v Speaker 1>like pushing the blame across the RBA. I'm getting signs

1:09:50.800 --> 1:09:53.960
<v Speaker 1>right now, and you know, because you know, and by

1:09:53.960 --> 1:09:55.840
<v Speaker 1>the way, what I think is quite interesting is that

1:09:55.840 --> 1:10:00.280
<v Speaker 1>the RBA was appointed by this party, in fact by

1:10:00.280 --> 1:10:00.839
<v Speaker 1>the treasurer.

1:10:00.960 --> 1:10:01.160
<v Speaker 2>Yep.

1:10:01.400 --> 1:10:05.439
<v Speaker 1>Yet now he's coming home on the ABA. The RBA

1:10:05.800 --> 1:10:12.799
<v Speaker 1>more recently very sort of interestingly but sort of pointed

1:10:12.880 --> 1:10:14.880
<v Speaker 1>to the fact that they're working against the government of

1:10:14.880 --> 1:10:16.360
<v Speaker 1>the Montain or the governments working against them.

1:10:16.360 --> 1:10:16.880
<v Speaker 2>That's right.

1:10:17.280 --> 1:10:19.320
<v Speaker 1>They didn't say as much, but you know, you could could.

1:10:19.400 --> 1:10:22.519
<v Speaker 1>That's sort of the coded walking. Yeah, yeah, yeah, yeah,

1:10:22.560 --> 1:10:25.519
<v Speaker 1>And I find it quite interesting. And I just my

1:10:25.600 --> 1:10:32.559
<v Speaker 1>gut feeling is something's something is brewing at the labor level.

1:10:32.560 --> 1:10:33.960
<v Speaker 1>I think they're getting nervous.

1:10:34.360 --> 1:10:37.360
<v Speaker 2>So on that the clients just turn it back here,

1:10:38.640 --> 1:10:41.920
<v Speaker 2>do you think. I mean, we're talking about this narrow

1:10:42.000 --> 1:10:46.679
<v Speaker 2>path that Bullock has to sort of try and navigate right, And.

1:10:46.640 --> 1:10:48.639
<v Speaker 1>I don't think there is a narrow path as byner

1:10:48.760 --> 1:10:51.040
<v Speaker 1>is one or the other. Right, it's not the recession

1:10:51.120 --> 1:10:53.600
<v Speaker 1>a recession, and I think I think it's got to

1:10:53.600 --> 1:10:54.120
<v Speaker 1>be recession.

1:10:54.320 --> 1:10:57.200
<v Speaker 2>Okay, So therefore her bias should be towards cutting.

1:10:56.960 --> 1:11:01.920
<v Speaker 1>Rates, right, Yeah, No, therefore she should say therefore, well,

1:11:01.960 --> 1:11:04.800
<v Speaker 1>their database, so they're going to say, yes, yes, the

1:11:04.920 --> 1:11:06.320
<v Speaker 1>bias will be, but they're never going to She's never

1:11:06.360 --> 1:11:08.320
<v Speaker 1>going to say it. So she's going to hold race.

1:11:08.360 --> 1:11:10.519
<v Speaker 2>She doesn't have inflation expectation and.

1:11:10.479 --> 1:11:13.080
<v Speaker 1>She doesn't want to beat do what her predecessor did. Yes,

1:11:13.160 --> 1:11:15.240
<v Speaker 1>so she's not going to say so she's just whole rates.

1:11:15.240 --> 1:11:16.800
<v Speaker 1>I think she's been very good by the way I

1:11:16.800 --> 1:11:19.920
<v Speaker 1>do too. She shouldn't be measured, yes, And by the way,

1:11:19.960 --> 1:11:23.040
<v Speaker 1>she hasn't got upset with the government because like the

1:11:23.080 --> 1:11:27.360
<v Speaker 1>government is actually spending money at state and federal levels,

1:11:27.360 --> 1:11:30.400
<v Speaker 1>not just one, but at both those levels, which is

1:11:30.439 --> 1:11:33.799
<v Speaker 1>actually making her job a lot harder. It is because

1:11:33.840 --> 1:11:36.080
<v Speaker 1>the money's not been spent so much in infrastructure, but

1:11:36.120 --> 1:11:40.400
<v Speaker 1>it's all the employees that the government's employing in all

1:11:40.439 --> 1:11:43.280
<v Speaker 1>the various great outcomes and ndis they are all things

1:11:43.320 --> 1:11:45.439
<v Speaker 1>that need to be done, don't get me wrong, but

1:11:45.479 --> 1:11:48.160
<v Speaker 1>maybe a little hold on, like a freeze on employment

1:11:48.200 --> 1:11:50.880
<v Speaker 1>for maybe six months, would be a good idea. Because

1:11:50.920 --> 1:11:52.880
<v Speaker 1>every single person of the thirty six thousand people they

1:11:52.880 --> 1:11:54.759
<v Speaker 1>are now going to be employed in the last budget

1:11:55.000 --> 1:11:57.439
<v Speaker 1>at a federal level, they're all going to be put

1:11:57.479 --> 1:11:59.360
<v Speaker 1>into one of these pockets, and they're all going to

1:11:59.360 --> 1:12:00.760
<v Speaker 1>get paid a lot of money. And they are getting

1:12:00.800 --> 1:12:02.920
<v Speaker 1>paid a lot of money. And the generally speaking of

1:12:03.000 --> 1:12:06.240
<v Speaker 1>being pulled out of organizations like mine or the CBA

1:12:06.280 --> 1:12:07.200
<v Speaker 1>and everyone else.

1:12:07.000 --> 1:12:09.080
<v Speaker 2>There's capacity constraints in the private sex.

1:12:08.960 --> 1:12:11.000
<v Speaker 1>Correct, and we have to pay more money than to

1:12:11.000 --> 1:12:14.200
<v Speaker 1>get a person. So my my only alternative then is

1:12:14.200 --> 1:12:18.160
<v Speaker 1>to increase my pricing, which we can't in the in

1:12:18.240 --> 1:12:21.000
<v Speaker 1>our industry because you know, we have a standard price

1:12:21.000 --> 1:12:25.360
<v Speaker 1>that pretty much everyone charges, but other industries can can charge.

1:12:25.400 --> 1:12:27.439
<v Speaker 1>And that's by definitely is going to be inflationary. So

1:12:28.560 --> 1:12:32.559
<v Speaker 1>there's there, seems to me from to answer your question

1:12:32.640 --> 1:12:37.479
<v Speaker 1>from the Governor of the Reserve Bank's position, I think

1:12:37.920 --> 1:12:42.240
<v Speaker 1>she knows, and you know, we only have to go

1:12:42.360 --> 1:12:45.960
<v Speaker 1>back to the great Poor Keeping, who you know, people

1:12:45.960 --> 1:12:48.000
<v Speaker 1>don't like him, is very divisive, but you have to

1:12:48.000 --> 1:12:51.120
<v Speaker 1>say he's probably one of the smarter treasures we've ever had.

1:12:51.640 --> 1:12:55.360
<v Speaker 1>And he did some great things, you know at the time,

1:12:56.200 --> 1:13:02.360
<v Speaker 1>you know, keeping boarding compulsory superinnovation, which has turned out

1:13:02.360 --> 1:13:06.080
<v Speaker 1>to be a great relief against Australian perse when people retire,

1:13:06.320 --> 1:13:09.040
<v Speaker 1>given we've got an aging population. I would dare say

1:13:09.040 --> 1:13:11.439
<v Speaker 1>that ORD needs to be recalculated, but doesn't matter. He

1:13:11.520 --> 1:13:15.240
<v Speaker 1>did deregulate the banking system so allowed people like my

1:13:15.280 --> 1:13:17.559
<v Speaker 1>businesses come out to put pressure on the banks to

1:13:17.920 --> 1:13:20.760
<v Speaker 1>lend it the right price. He did a lot of stuff,

1:13:20.960 --> 1:13:23.719
<v Speaker 1>floated flow the currency. He did a lot of great things.

1:13:25.280 --> 1:13:27.680
<v Speaker 1>But he also did something really important in ninety ninety one.

1:13:27.720 --> 1:13:29.479
<v Speaker 1>I think was he was treasure at the time. He said,

1:13:29.600 --> 1:13:32.760
<v Speaker 1>this is a recession we had to have. And if

1:13:32.760 --> 1:13:34.880
<v Speaker 1>you look at the stats right now, and she'd be

1:13:34.920 --> 1:13:36.559
<v Speaker 1>looking at the stats all the time. We have never

1:13:36.640 --> 1:13:39.759
<v Speaker 1>had bad statistics in a data censeer to the dutyp

1:13:39.840 --> 1:13:44.920
<v Speaker 1>et cetera, retail retail sales, et cetera, as we had

1:13:44.960 --> 1:13:47.360
<v Speaker 1>back in nineteen ninety one. We have to go back

1:13:47.439 --> 1:13:51.719
<v Speaker 1>thirty years to see the same numbers. And I could

1:13:51.720 --> 1:13:55.080
<v Speaker 1>only say to you, because he was always honest Paul,

1:13:55.680 --> 1:13:57.720
<v Speaker 1>which is why he lost his election in ninety six

1:13:57.760 --> 1:13:58.760
<v Speaker 1>because you'd probably two on.

1:13:58.840 --> 1:13:59.360
<v Speaker 2>Us for us.

1:13:59.720 --> 1:14:01.960
<v Speaker 1>But he did say we had to have that recession

1:14:01.960 --> 1:14:05.320
<v Speaker 1>to curb inflation. And my gut feeling is she is

1:14:05.360 --> 1:14:08.000
<v Speaker 1>probably saying the same yeah, but won't say it. And

1:14:08.040 --> 1:14:11.160
<v Speaker 1>I think the Treasurer probably knows it, and I think

1:14:11.200 --> 1:14:13.720
<v Speaker 1>the Treasury numbers. We're going to get some numbers out

1:14:13.760 --> 1:14:16.800
<v Speaker 1>in the next couple of days, but he probably is

1:14:16.920 --> 1:14:18.960
<v Speaker 1>terrified of those things, and he's going to start pushing

1:14:19.000 --> 1:14:21.200
<v Speaker 1>the blame down the other end of the bookshelf.

1:14:21.240 --> 1:14:24.439
<v Speaker 2>Well, look Albernez, he quite rightly said before the last

1:14:24.439 --> 1:14:27.960
<v Speaker 2>election that because he was asked, well, how are you

1:14:28.000 --> 1:14:33.639
<v Speaker 2>going to drive real increase in wages without unleashing inflation,

1:14:33.720 --> 1:14:36.559
<v Speaker 2>he said, because we're going to get productivity guns. So

1:14:37.080 --> 1:14:39.519
<v Speaker 2>he hasn't delivered on that. And I think that's the.

1:14:39.479 --> 1:14:42.320
<v Speaker 1>Most in the first part, productivity on the.

1:14:42.320 --> 1:14:45.320
<v Speaker 2>First part, But the most critical thing in my mind

1:14:45.400 --> 1:14:49.200
<v Speaker 2>is the second part. And it's hard to get productivity gains,

1:14:49.360 --> 1:14:53.240
<v Speaker 2>but you certainly don't. You don't get productivity gains by

1:14:53.240 --> 1:14:57.000
<v Speaker 2>making the industrial system more rigid. And I think that

1:14:57.000 --> 1:14:58.559
<v Speaker 2>that's where it's going to come home to roost for

1:14:58.600 --> 1:15:02.640
<v Speaker 2>them is that they've introduced some draconian restrictions on businesses,

1:15:03.120 --> 1:15:06.960
<v Speaker 2>and the latest one being the right to disconnect, which

1:15:06.960 --> 1:15:11.320
<v Speaker 2>are just ideological in nature and absolutely anathematic productivity.

1:15:10.880 --> 1:15:12.719
<v Speaker 1>And small business growth, well.

1:15:12.640 --> 1:15:16.400
<v Speaker 2>Small business is that's where it's really the rubber's hitting

1:15:16.400 --> 1:15:16.920
<v Speaker 2>the road, right.

1:15:16.960 --> 1:15:18.360
<v Speaker 1>I mean, you'd be seeing that, would you know. I'm

1:15:18.400 --> 1:15:20.200
<v Speaker 1>totally seeing it. Like you know, seventy percent of every

1:15:20.200 --> 1:15:22.639
<v Speaker 1>person that's employed in this country, gamefully employed in this country,

1:15:22.760 --> 1:15:25.880
<v Speaker 1>works for a small business. Most small businesses work on

1:15:25.880 --> 1:15:28.639
<v Speaker 1>the premise that they don't have premises, So people actually

1:15:28.680 --> 1:15:32.280
<v Speaker 1>work from home because rents so high commercially and so high,

1:15:32.400 --> 1:15:33.720
<v Speaker 1>and it makes sense for people to work from home

1:15:33.760 --> 1:15:36.240
<v Speaker 1>because a lot of these things are ministry roles. Well,

1:15:36.320 --> 1:15:40.360
<v Speaker 1>productivity means if I'm you know, if you're working for

1:15:40.439 --> 1:15:44.360
<v Speaker 1>me and you work from home, that if it probably

1:15:44.360 --> 1:15:45.840
<v Speaker 1>means that you're going to stop at three o'clock because

1:15:45.840 --> 1:15:48.240
<v Speaker 1>you might want to pick your kids up, which is fine,

1:15:48.280 --> 1:15:50.040
<v Speaker 1>but you want to pick up tools again at eight o'clock.

1:15:51.880 --> 1:15:53.680
<v Speaker 1>And I know the bank's operation this way. I mean

1:15:53.680 --> 1:15:55.680
<v Speaker 1>most of the banks who talk to my brokers talk

1:15:55.720 --> 1:15:58.400
<v Speaker 1>to them at seven pm at night. Yeah, the credit

1:15:58.520 --> 1:16:01.120
<v Speaker 1>keep people, my guys up, my becus a MBM at night.

1:16:01.680 --> 1:16:04.200
<v Speaker 1>And that's flexible, right, correct. So if all of a sudden,

1:16:04.200 --> 1:16:07.360
<v Speaker 1>I'm I can't read my guys, it's after five o'clock,

1:16:08.080 --> 1:16:09.839
<v Speaker 1>then how am I going to get my loans approved?

1:16:10.600 --> 1:16:13.160
<v Speaker 1>So and by all small business are affected like this.

1:16:13.640 --> 1:16:16.400
<v Speaker 1>They all have flexibility. They have to have flexibility because

1:16:16.439 --> 1:16:19.080
<v Speaker 1>if they don't provide the flexibility to their staff members,

1:16:19.240 --> 1:16:21.479
<v Speaker 1>the staff members have so many choices and go and work.

1:16:21.920 --> 1:16:23.719
<v Speaker 1>If the government will go never go to work.

1:16:24.000 --> 1:16:26.720
<v Speaker 2>Well, we're at a front page story today about how

1:16:26.760 --> 1:16:32.800
<v Speaker 2>hopeless our councils are at proving development applications. If you

1:16:32.840 --> 1:16:35.120
<v Speaker 2>had them in the if the councils of the private sector,

1:16:35.200 --> 1:16:37.639
<v Speaker 2>they wouldn't be knocking off at three o'clock and having

1:16:37.640 --> 1:16:41.599
<v Speaker 2>an IDEO every nine days, and those applications will probably

1:16:41.640 --> 1:16:44.720
<v Speaker 2>be getting done more frequently. That's there's an example of

1:16:44.760 --> 1:16:47.600
<v Speaker 2>where the state is the dead hand on productivity.

1:16:47.920 --> 1:16:50.800
<v Speaker 1>And and that's why the federal government will never solve.

1:16:51.040 --> 1:16:53.400
<v Speaker 1>They will never build one point two million houses, which

1:16:53.439 --> 1:16:57.760
<v Speaker 1>is their five you ticket, there is no chance. And

1:16:57.760 --> 1:16:59.639
<v Speaker 1>and by the way, they need one point two million

1:16:59.680 --> 1:17:03.280
<v Speaker 1>new House over the next five years based on what

1:17:03.600 --> 1:17:08.040
<v Speaker 1>was previously considered to be the lot the medium term

1:17:08.240 --> 1:17:10.639
<v Speaker 1>immigration numbers, which has already been blown out of the water.

1:17:11.320 --> 1:17:13.800
<v Speaker 1>So you know, like so therefore, I do think if

1:17:13.840 --> 1:17:16.720
<v Speaker 1>we go back to, you know, the next election, I

1:17:16.760 --> 1:17:20.320
<v Speaker 1>do believe there is a big chance that the government

1:17:20.360 --> 1:17:22.519
<v Speaker 1>will call an election before the end of thisition. I

1:17:22.520 --> 1:17:24.639
<v Speaker 1>don't know what the timing world. I don't have Helen

1:17:24.720 --> 1:17:27.519
<v Speaker 1>caretaker period's work, but like I would say, watch this

1:17:27.560 --> 1:17:28.559
<v Speaker 1>space in the next month.

1:17:29.479 --> 1:17:32.760
<v Speaker 2>That's what I think. I don't dispute that.

1:17:33.240 --> 1:17:37.040
<v Speaker 1>And and it is becoming a personality game, as you said,

1:17:38.439 --> 1:17:44.479
<v Speaker 1>the it's about keeping Albanesi clean. So you don't see

1:17:44.680 --> 1:17:50.280
<v Speaker 1>Albanizi talk about any of these things. He's running the

1:17:50.360 --> 1:17:55.200
<v Speaker 1>Kamala Harris style and he's using Jim to attack on

1:17:55.240 --> 1:17:57.800
<v Speaker 1>this or you know, Penny Wong to attack on that

1:17:57.960 --> 1:18:01.040
<v Speaker 1>or someone else. So they're all the bad but we'll

1:18:01.120 --> 1:18:03.719
<v Speaker 1>just keep him pretty happy, you know. And I wonder

1:18:03.800 --> 1:18:05.760
<v Speaker 1>in a minute, I'll put it back to you, do

1:18:05.800 --> 1:18:08.479
<v Speaker 1>you think Australians would buy that? Do you think what

1:18:08.479 --> 1:18:11.960
<v Speaker 1>do you think about Do you think Australians no, like

1:18:12.000 --> 1:18:13.360
<v Speaker 1>American voters.

1:18:13.360 --> 1:18:17.639
<v Speaker 2>No, I no, I don't. Well it's compulsory, so it's different.

1:18:18.720 --> 1:18:21.439
<v Speaker 1>But do you think we're more wide into the games

1:18:21.439 --> 1:18:22.160
<v Speaker 1>that people play?

1:18:22.320 --> 1:18:24.200
<v Speaker 2>Yeah, I think so. I think so. I think that

1:18:24.240 --> 1:18:31.599
<v Speaker 2>we are skeptical, very skeptical by hr yes, very untrusting

1:18:31.600 --> 1:18:34.519
<v Speaker 2>in politicians. There's got to be something what's the hidden

1:18:34.560 --> 1:18:35.719
<v Speaker 2>agenda here that would.

1:18:35.560 --> 1:18:38.760
<v Speaker 1>Be the least trusted people I think in the next country.

1:18:38.560 --> 1:18:40.760
<v Speaker 2>Maybe next to me, but yeah, definitely.

1:18:40.600 --> 1:18:43.320
<v Speaker 1>Journalists and meeting politicians, sales.

1:18:43.120 --> 1:18:47.280
<v Speaker 2>And yeah, we're all in that. No, I think that's right.

1:18:47.520 --> 1:18:54.400
<v Speaker 2>I think that Australians also would be very wary about

1:18:54.520 --> 1:18:58.280
<v Speaker 2>kicking a government out after one term, right, because I don't, like,

1:18:59.640 --> 1:19:01.880
<v Speaker 2>you know, we believe in a fair go. We want

1:19:01.880 --> 1:19:03.960
<v Speaker 2>to give them, give them a chance to having a crack.

1:19:04.040 --> 1:19:08.400
<v Speaker 2>But just to your point earlier, like people are hurting,

1:19:09.800 --> 1:19:13.719
<v Speaker 2>and they're hurting when the power bill arrives. They're hurting

1:19:13.720 --> 1:19:16.040
<v Speaker 2>when they see how much the mortgages or how much

1:19:16.080 --> 1:19:20.519
<v Speaker 2>their rent's gone up, and right there, wrong, Well, actually

1:19:20.720 --> 1:19:24.439
<v Speaker 2>you know they can shoot that home to this government.

1:19:24.479 --> 1:19:26.840
<v Speaker 2>And the reason is is because they actually fought the

1:19:27.000 --> 1:19:29.080
<v Speaker 2>last election on the cost of living how it's going

1:19:29.120 --> 1:19:29.960
<v Speaker 2>up under Morrison.

1:19:30.200 --> 1:19:32.800
<v Speaker 1>So will your paper prosecute that? I mean, is that

1:19:32.920 --> 1:19:34.639
<v Speaker 1>is that what you do? Is that what your paper

1:19:35.320 --> 1:19:40.000
<v Speaker 1>your news outlets? Well, do you, as the main editor, guy,

1:19:40.040 --> 1:19:42.200
<v Speaker 1>did you say to your team, well, let's call us

1:19:42.200 --> 1:19:43.679
<v Speaker 1>out let's because that's news.

1:19:43.880 --> 1:19:44.840
<v Speaker 2>Let's call them both out.

1:19:45.520 --> 1:19:48.400
<v Speaker 1>Okay, but the liberals insaney.

1:19:47.920 --> 1:19:51.160
<v Speaker 2>No, But but then again, they're going to have they're

1:19:51.160 --> 1:19:53.600
<v Speaker 2>going to present their pitch to the nation, and we

1:19:53.680 --> 1:19:58.240
<v Speaker 2>have to interrogate that. Yeah. True, but yeah, definitely we

1:19:59.240 --> 1:20:01.639
<v Speaker 2>I think it's a mistake too. It was a little

1:20:01.640 --> 1:20:04.160
<v Speaker 2>bit like the Voice, So we didn't declare our hand

1:20:04.200 --> 1:20:06.040
<v Speaker 2>on where we stood on the Voice. We just chased

1:20:06.080 --> 1:20:09.799
<v Speaker 2>the story and watched the developments. Yeah, watsch the developments

1:20:09.920 --> 1:20:12.719
<v Speaker 2>and very much to strains has made up their own minds.

1:20:12.720 --> 1:20:15.080
<v Speaker 2>They didn't need any guidance from us or anyone else

1:20:16.040 --> 1:20:20.720
<v Speaker 2>that they determined that. You know, I think it can

1:20:20.800 --> 1:20:25.639
<v Speaker 2>be overstated the influence that papers have on how people

1:20:25.840 --> 1:20:30.160
<v Speaker 2>vote on election day. It's important. It's one element, you know,

1:20:30.360 --> 1:20:34.160
<v Speaker 2>But I'm in a game where I mean the game

1:20:34.240 --> 1:20:40.360
<v Speaker 2>I mean is actually being trustworthy and actually presenting Our

1:20:40.840 --> 1:20:45.280
<v Speaker 2>journalism has to be above approach, particularly with the onslaught

1:20:45.320 --> 1:20:47.519
<v Speaker 2>from social media. That's our point of difference is that

1:20:47.880 --> 1:20:51.400
<v Speaker 2>you know, we've got professional journalists who live in your community.

1:20:51.760 --> 1:20:54.519
<v Speaker 2>They pay the same bills. They you know, they drive

1:20:54.600 --> 1:20:57.400
<v Speaker 2>cars on the same roads. That's how point of difference

1:20:57.400 --> 1:20:57.600
<v Speaker 2>if for.

1:20:57.840 --> 1:21:02.280
<v Speaker 1>Is that because social media journalists, yes, is not edited,

1:21:02.360 --> 1:21:03.600
<v Speaker 1>it is not controlled.

1:21:03.280 --> 1:21:06.320
<v Speaker 2>What's derivative from us. So they rip our journalism off.

1:21:06.640 --> 1:21:07.960
<v Speaker 1>But then they put their own spin on it.

1:21:08.320 --> 1:21:10.200
<v Speaker 2>No, they just don't live here. What they'll do is

1:21:10.240 --> 1:21:11.880
<v Speaker 2>they don't put a spin on it. They just shove

1:21:11.920 --> 1:21:15.880
<v Speaker 2>it up there and just let the algorithm do its work. Right.

1:21:15.960 --> 1:21:19.000
<v Speaker 2>But my point is that they're not here. They're in

1:21:19.640 --> 1:21:22.040
<v Speaker 2>you know, they're in California somewhere.

1:21:22.479 --> 1:21:24.639
<v Speaker 1>And do you think I mean, if you were asked

1:21:24.640 --> 1:21:30.120
<v Speaker 1>to advise Anthony who by the way, I have met

1:21:30.200 --> 1:21:32.400
<v Speaker 1>him once or twice, but from what people tell me,

1:21:32.400 --> 1:21:35.000
<v Speaker 1>who haven't. He's a good blake, bubbly blake. Like I

1:21:35.040 --> 1:21:35.800
<v Speaker 1>don't really know him.

1:21:35.840 --> 1:21:38.160
<v Speaker 2>Well, we've been a footy a few times together. He's

1:21:38.200 --> 1:21:40.599
<v Speaker 2>actually he's a great he's a great footy.

1:21:41.000 --> 1:21:44.360
<v Speaker 1>He loves you, he loves his site, he loves footy generally,

1:21:44.479 --> 1:21:47.720
<v Speaker 1>and he comes from a really humble beginnings. I mean,

1:21:47.760 --> 1:21:48.639
<v Speaker 1>I like his whole story.

1:21:48.640 --> 1:21:49.519
<v Speaker 2>I guess that's true.

1:21:49.760 --> 1:21:53.800
<v Speaker 1>But if you're you know, you're an influential person, would

1:21:53.840 --> 1:21:56.880
<v Speaker 1>you suggest to him that he should do he actually

1:21:56.880 --> 1:22:01.000
<v Speaker 1>should expose himself to more more media because he doesn't

1:22:01.040 --> 1:22:04.280
<v Speaker 1>really do that much media unless he's very controlled. He

1:22:04.320 --> 1:22:08.080
<v Speaker 1>gives you the soundbites, but actually I don't really remember

1:22:08.080 --> 1:22:09.920
<v Speaker 1>seeing him sit down with anybody for a long time.

1:22:10.080 --> 1:22:14.720
<v Speaker 2>Yeah, yeah, I mean, look, I don't think like he's

1:22:14.760 --> 1:22:18.439
<v Speaker 2>not he's not as he's not on the level of

1:22:18.600 --> 1:22:21.200
<v Speaker 2>some of the American politicians. He's certainly a lot more

1:22:21.240 --> 1:22:23.160
<v Speaker 2>available on that. He does a lot of stand ups,

1:22:24.360 --> 1:22:26.960
<v Speaker 2>a lot more doorstops. Yeah, yeah, And I wouldn't have

1:22:26.960 --> 1:22:30.920
<v Speaker 2>that criticism of him. I think, for example, if we said, mate,

1:22:31.240 --> 1:22:33.160
<v Speaker 2>we want to do a sit down with you in

1:22:33.479 --> 1:22:36.200
<v Speaker 2>Freewek's time, he do it, we'd probably get it. Okay,

1:22:36.240 --> 1:22:38.760
<v Speaker 2>you know, I wouldn't criticize him on that on that

1:22:38.760 --> 1:22:39.320
<v Speaker 2>front at all.

1:22:39.520 --> 1:22:42.519
<v Speaker 1>And what do you think about Dunton? Then he's done

1:22:42.680 --> 1:22:45.640
<v Speaker 1>playing the reverse game, is done just saying I'm not

1:22:45.680 --> 1:22:47.920
<v Speaker 1>going to say too much you talk about nuclear I

1:22:47.960 --> 1:22:51.120
<v Speaker 1>get that, But other than that, I don't need to say.

1:22:52.479 --> 1:22:57.400
<v Speaker 2>I think he's been very, very disciplined and to your point,

1:22:57.400 --> 1:23:02.880
<v Speaker 2>he's kind of been very selective about when he's when

1:23:02.920 --> 1:23:08.120
<v Speaker 2>he talks, and that's obviously a deliberate strategy because you

1:23:08.120 --> 1:23:10.200
<v Speaker 2>can sound very shrill very quickly. We saw that with

1:23:10.280 --> 1:23:12.200
<v Speaker 2>Jardie McKay and New South Wales. Mean, that was a

1:23:12.240 --> 1:23:15.000
<v Speaker 2>disaster because she was just bagging everything. And then you

1:23:15.000 --> 1:23:21.240
<v Speaker 2>see Chris Mins, who's actually actually incredible, incredibly, measured, incredibly

1:23:21.280 --> 1:23:24.519
<v Speaker 2>but also magnanimous. So he's very happy to give credit

1:23:24.520 --> 1:23:25.040
<v Speaker 2>where it's due.

1:23:25.120 --> 1:23:27.559
<v Speaker 1>Oh I saw him at the then the Martin Players railway,

1:23:27.680 --> 1:23:29.840
<v Speaker 1>like the what do we call this rolling thing? Yeah,

1:23:29.840 --> 1:23:33.320
<v Speaker 1>the Metro and he congratulated Domin and he congratulate Gladys,

1:23:33.760 --> 1:23:37.439
<v Speaker 1>which are You're right, it's magnanimous actually because like he's

1:23:37.520 --> 1:23:41.679
<v Speaker 1>actually a really decent person. Oh he is not suggesting

1:23:41.880 --> 1:23:44.679
<v Speaker 1>anybody else is not. But he's a very decent guy.

1:23:44.840 --> 1:23:49.200
<v Speaker 2>Yeah he is, and smart, very smart. And when you

1:23:49.200 --> 1:23:51.400
<v Speaker 2>look at Chris Mins, you don't actually see the labor

1:23:51.439 --> 1:23:55.559
<v Speaker 2>brand on him, right, Yeah, it's that's clever. Yeah, it's

1:23:55.560 --> 1:23:59.640
<v Speaker 2>sort of like what you see is just him instinctively

1:23:59.680 --> 1:24:03.439
<v Speaker 2>respond to things. And I think that he's a new

1:24:03.479 --> 1:24:06.400
<v Speaker 2>brand of politician in that respect and it's incredibly effective.

1:24:06.880 --> 1:24:09.320
<v Speaker 2>But the opposition cannot lay a glove on him.

1:24:09.479 --> 1:24:12.479
<v Speaker 1>Nah, well, no one even knows who's I mean, we

1:24:12.600 --> 1:24:15.960
<v Speaker 1>know who speaks, we know who his opposite number is.

1:24:16.000 --> 1:24:19.920
<v Speaker 1>But well but a lot of it wouldn't know. And

1:24:20.600 --> 1:24:24.760
<v Speaker 1>Chris is sort of put himself out there. He's so

1:24:24.920 --> 1:24:26.920
<v Speaker 1>far ahead of everybody, he's like ten seconds ahead of

1:24:26.920 --> 1:24:29.639
<v Speaker 1>everybody else in the two hundred meters. He's so far

1:24:29.760 --> 1:24:31.679
<v Speaker 1>right ahead, like he's the only one in the race.

1:24:31.920 --> 1:24:35.639
<v Speaker 2>But he's also I think I think he's also enough

1:24:35.640 --> 1:24:37.960
<v Speaker 2>of a realist to know that that doesn't that doesn't,

1:24:38.120 --> 1:24:42.040
<v Speaker 2>that can end very quickly. So I think he's you know,

1:24:42.840 --> 1:24:47.120
<v Speaker 2>he's very determined and disciplined at the moment. He knows

1:24:47.120 --> 1:24:50.160
<v Speaker 2>that this housing crisis will just swallow him up and

1:24:50.160 --> 1:24:52.680
<v Speaker 2>spit him out unless he stays on top of it.

1:24:53.000 --> 1:24:55.559
<v Speaker 1>So I guess it brings us to the story of

1:24:55.800 --> 1:25:02.160
<v Speaker 1>a warrick Farmers Rose Hill. That's a a shit fight. Well,

1:25:02.240 --> 1:25:04.599
<v Speaker 1>pout of landis is being dragged into it.

1:25:04.800 --> 1:25:09.240
<v Speaker 2>Yeah, In fact, it's the Australian Turf Club. Yeah, so

1:25:09.280 --> 1:25:12.519
<v Speaker 2>it's not him, No, he's a regulator. Yeah, so it's

1:25:12.520 --> 1:25:15.040
<v Speaker 2>a turf club that owns for Rose Hill. But of

1:25:15.080 --> 1:25:19.280
<v Speaker 2>course that was an opportunity for Landi's detractors to use

1:25:19.320 --> 1:25:20.880
<v Speaker 2>this as an excuse to have a crack at.

1:25:20.840 --> 1:25:23.200
<v Speaker 1>Him, which is sort of worked.

1:25:23.360 --> 1:25:25.040
<v Speaker 2>Yeah, well to an extent.

1:25:25.120 --> 1:25:28.400
<v Speaker 1>Men's backs him or backs backs the backs the idea.

1:25:28.479 --> 1:25:30.200
<v Speaker 2>Well, I think it's a good idea, I think, and

1:25:30.240 --> 1:25:34.200
<v Speaker 2>he recognizes it. It's not a good idea, it's a

1:25:34.200 --> 1:25:34.839
<v Speaker 2>great idea.

1:25:35.200 --> 1:25:38.360
<v Speaker 1>Well, it's compulsory because we need more housing.

1:25:38.479 --> 1:25:42.040
<v Speaker 2>We need more housing, and it's definitely the most attractive

1:25:42.120 --> 1:25:46.280
<v Speaker 2>tract of land where people want to live in Sydney

1:25:46.320 --> 1:25:49.200
<v Speaker 2>in the basin and you can get twenty five thousand

1:25:49.360 --> 1:25:53.000
<v Speaker 2>homes in there, The Metro will go through there and

1:25:53.040 --> 1:25:57.040
<v Speaker 2>you'll basically set up safeguard the racing industry for the

1:25:57.120 --> 1:25:59.800
<v Speaker 2>next half century, if not more so.

1:26:00.360 --> 1:26:05.880
<v Speaker 1>How does then how does how do the the controversy

1:26:05.960 --> 1:26:06.599
<v Speaker 1>get legs?

1:26:06.680 --> 1:26:10.080
<v Speaker 2>Well, I think that the ATC would probably have, had

1:26:10.080 --> 1:26:13.120
<v Speaker 2>their time again, have approached it differently. They would have

1:26:13.120 --> 1:26:16.720
<v Speaker 2>done a lot more stakeholder engagement.

1:26:16.439 --> 1:26:18.200
<v Speaker 1>As in consultations one hundred percent.

1:26:18.240 --> 1:26:20.400
<v Speaker 2>They should have spoken to the trainers and and actually

1:26:20.439 --> 1:26:23.280
<v Speaker 2>presented the vision of where they want to take racing

1:26:23.640 --> 1:26:25.800
<v Speaker 2>and I don't think they necessarily did that as well

1:26:25.800 --> 1:26:26.920
<v Speaker 2>as they might have liked.

1:26:27.080 --> 1:26:29.200
<v Speaker 1>So when that story comes into the you know, the

1:26:29.280 --> 1:26:33.000
<v Speaker 1>editorial room, whatever you call it, you know, the the

1:26:33.040 --> 1:26:33.960
<v Speaker 1>morning meeting.

1:26:33.800 --> 1:26:35.000
<v Speaker 2>Sure, what do you do?

1:26:35.360 --> 1:26:37.080
<v Speaker 1>What do you what's your first reaction to that?

1:26:38.800 --> 1:26:42.280
<v Speaker 2>Well, yeah, a bit of that, but I mean it's

1:26:42.280 --> 1:26:46.519
<v Speaker 2>a stunning it's a stunning piece of stunning revelation.

1:26:46.640 --> 1:26:50.960
<v Speaker 1>You've got premiers and everything, Pajaman the NRL names massive.

1:26:51.200 --> 1:26:56.360
<v Speaker 2>Yeah, and and also like rose Hill is, there is

1:26:56.439 --> 1:26:59.240
<v Speaker 2>incredible sentimental attachment to it. You know, the Golden Step

1:26:59.280 --> 1:27:03.679
<v Speaker 2>has been there for more sixty years and so yeah,

1:27:03.720 --> 1:27:05.760
<v Speaker 2>what do I do when that happens? It's like, right,

1:27:06.360 --> 1:27:08.640
<v Speaker 2>let's get our heads around it. You know what do

1:27:08.720 --> 1:27:11.600
<v Speaker 2>we think? We just basically do what you do with

1:27:11.640 --> 1:27:15.360
<v Speaker 2>any yarn is, let's get the facts and then sort

1:27:15.360 --> 1:27:18.360
<v Speaker 2>of then you know, the answers will sort of make

1:27:18.400 --> 1:27:19.160
<v Speaker 2>themselves apparent.

1:27:19.680 --> 1:27:21.519
<v Speaker 1>So do you have but do you get sort of

1:27:24.080 --> 1:27:27.080
<v Speaker 1>is there a nervousness about the urgency because we've got

1:27:27.120 --> 1:27:29.280
<v Speaker 1>to get this up? Do you see You've got two

1:27:29.280 --> 1:27:30.240
<v Speaker 1>hours or so.

1:27:30.280 --> 1:27:33.200
<v Speaker 2>I've got to express it. Probably shouldn't say what it is,

1:27:33.240 --> 1:27:35.839
<v Speaker 2>but basically, let's call it fast and dirty, which is basically,

1:27:35.880 --> 1:27:36.679
<v Speaker 2>get the yarn up.

1:27:36.600 --> 1:27:37.880
<v Speaker 1>Get something up straight to get it up.

1:27:37.960 --> 1:27:41.639
<v Speaker 2>Yeah, right, and then let's let's build on it. Yeah,

1:27:41.680 --> 1:27:43.920
<v Speaker 2>refined because it is a game of speed.

1:27:44.080 --> 1:27:45.280
<v Speaker 1>Yeah, so the speed is quick.

1:27:46.000 --> 1:27:50.560
<v Speaker 2>Quickness is important, Yeah, because your CEO search engine optimization

1:27:50.880 --> 1:27:54.639
<v Speaker 2>authority is determined by one that important component of speed,

1:27:54.840 --> 1:27:59.120
<v Speaker 2>right that you know, the engine determines that you've got

1:27:59.160 --> 1:28:02.559
<v Speaker 2>more authority if you're first. Right, So speed is very

1:28:02.680 --> 1:28:03.320
<v Speaker 2>very important.

1:28:03.520 --> 1:28:06.040
<v Speaker 1>Yeah. So the digital world's changed things a little bit

1:28:06.120 --> 1:28:06.479
<v Speaker 1>a little bit.

1:28:06.560 --> 1:28:09.640
<v Speaker 2>Yeah, yeah, you can't. You can't just sort of you know,

1:28:09.840 --> 1:28:12.880
<v Speaker 2>take your time. You've got to get it up and

1:28:12.439 --> 1:28:15.040
<v Speaker 2>then continue to add to it, add to the richness

1:28:15.040 --> 1:28:19.439
<v Speaker 2>of the story. And you know, there's there's a whole

1:28:19.439 --> 1:28:20.800
<v Speaker 2>lot of components that go into that.

1:28:20.920 --> 1:28:23.160
<v Speaker 1>So I just want to find a question. I mean,

1:28:23.920 --> 1:28:27.320
<v Speaker 1>do you see anybody or anything out there that can

1:28:27.360 --> 1:28:33.559
<v Speaker 1>disrupt between the two main news outlets, which is nine

1:28:33.600 --> 1:28:37.720
<v Speaker 1>and News Corp. Well Daily Telegraph? Is there a do

1:28:37.720 --> 1:28:43.040
<v Speaker 1>you think there's some threat there? Because I remember many

1:28:43.040 --> 1:28:47.679
<v Speaker 1>many years ago and Don Ugus was the CEO of NAB.

1:28:49.160 --> 1:28:51.040
<v Speaker 1>Don Augus was asked this question. It was in the

1:28:51.040 --> 1:28:54.800
<v Speaker 1>AFI I was in two thousand and two or three,

1:28:55.520 --> 1:28:57.840
<v Speaker 1>and they said what keeps you wake at night? In

1:28:57.920 --> 1:29:01.559
<v Speaker 1>terms of the banks controlling the market. And his answer

1:29:01.560 --> 1:29:05.880
<v Speaker 1>to that was, funnily enough, someone a General Electric coming

1:29:05.920 --> 1:29:09.599
<v Speaker 1>to the marketplace and becoming a bank. Of course they

1:29:09.600 --> 1:29:11.680
<v Speaker 1>bought my business. As as soon as I read it,

1:29:11.680 --> 1:29:17.840
<v Speaker 1>I went straight to thank you, thank you, don But

1:29:17.840 --> 1:29:22.880
<v Speaker 1>but if I'm asking you the same question today, what

1:29:23.560 --> 1:29:25.960
<v Speaker 1>was your most what keeps you awake?

1:29:28.439 --> 1:29:33.200
<v Speaker 2>Where I went to straight away was retail media. Well

1:29:33.240 --> 1:29:36.880
<v Speaker 2>you mentioned Amazon, right, Amazon's got enormous retail media like

1:29:37.320 --> 1:29:42.080
<v Speaker 2>on there through all their assets, They've got content and

1:29:42.240 --> 1:29:46.040
<v Speaker 2>they could easily just you know, they will hoover up

1:29:46.040 --> 1:29:48.000
<v Speaker 2>a lot of attention, a lot of revenue that way.

1:29:48.439 --> 1:29:52.600
<v Speaker 2>So Wilworth has their own media. They have their own

1:29:52.640 --> 1:29:56.840
<v Speaker 2>digital magazine, physical magazines. All of the big companies have that,

1:29:56.880 --> 1:29:59.400
<v Speaker 2>and they're they're hoovering up revenue as well as the

1:29:59.479 --> 1:30:02.559
<v Speaker 2>social media as an advertising revenee. Advertising but you know,

1:30:02.600 --> 1:30:06.439
<v Speaker 2>a subscription, no no advertising revenue. Absolutely to reach play

1:30:07.240 --> 1:30:12.320
<v Speaker 2>engagement and so that they're they're hiring journalists. Banks are

1:30:12.400 --> 1:30:15.559
<v Speaker 2>hiring journalists. They're all hiring journalists. So what keeps me

1:30:15.640 --> 1:30:17.519
<v Speaker 2>up at night. I suppose is that in the other

1:30:17.560 --> 1:30:22.920
<v Speaker 2>corollay for that is talent. It's so hard to hold

1:30:22.960 --> 1:30:26.439
<v Speaker 2>on to and attract talented journalists because they all go

1:30:26.520 --> 1:30:30.240
<v Speaker 2>to UNI, might do a communications course and all the

1:30:30.280 --> 1:30:32.960
<v Speaker 2>all the lecturers are saying, I don't go to the media,

1:30:33.000 --> 1:30:34.840
<v Speaker 2>there's no future in it. Of course there's a future

1:30:34.880 --> 1:30:37.800
<v Speaker 2>in it, but they just don't see that in the universities.

1:30:38.120 --> 1:30:41.400
<v Speaker 2>So talent, the pipeline of talent's one of the one

1:30:41.439 --> 1:30:42.280
<v Speaker 2>of the toughest things.

1:30:42.479 --> 1:30:45.840
<v Speaker 1>And does that mean therefore then that perhaps you need

1:30:45.880 --> 1:30:49.879
<v Speaker 1>to word infiltrate sort of comes to mind. But engage,

1:30:49.960 --> 1:30:52.880
<v Speaker 1>engage with the university there we are go and see

1:30:52.960 --> 1:30:56.120
<v Speaker 1>someone like David Gons Can you say, how can we assist?

1:30:56.479 --> 1:31:00.720
<v Speaker 2>So we do that. We've got campus partnerships with well

1:31:00.760 --> 1:31:04.000
<v Speaker 2>in Sydney. We've got three campus partnerships Western Sydney, Sydney

1:31:04.000 --> 1:31:05.320
<v Speaker 2>and un Newcastle.

1:31:05.560 --> 1:31:07.439
<v Speaker 1>You would have been inestud No, I haven't got them yet.

1:31:07.479 --> 1:31:08.599
<v Speaker 2>If you can help me out, I can.

1:31:08.760 --> 1:31:13.360
<v Speaker 1>I can David who's I'm alumni there and David would

1:31:13.400 --> 1:31:14.120
<v Speaker 1>definitely be interested in.

1:31:14.120 --> 1:31:17.200
<v Speaker 2>Talk trific Okay, great, we'll take that off on totally brilliant.

1:31:17.760 --> 1:31:22.759
<v Speaker 2>And that involves us giving guest lectures, getting the students

1:31:22.760 --> 1:31:27.360
<v Speaker 2>to come and they do internships and we we certainly

1:31:27.640 --> 1:31:31.480
<v Speaker 2>we give a free subscription to the students and we

1:31:31.720 --> 1:31:34.280
<v Speaker 2>try to serve up content that's relevant to them and

1:31:34.680 --> 1:31:38.960
<v Speaker 2>hopefully that's an investment in future, you know, full blown subscribers,

1:31:39.280 --> 1:31:42.519
<v Speaker 2>you get that sort of pipeline of engagement. So yeah,

1:31:42.760 --> 1:31:48.040
<v Speaker 2>well that's absolutely critical to our mission to remain viable,

1:31:48.200 --> 1:31:48.799
<v Speaker 2>because you're.

1:31:48.680 --> 1:31:52.160
<v Speaker 1>Right, I mean, unless a software can write for you,

1:31:52.720 --> 1:31:55.679
<v Speaker 1>which perhaps may be the case one day, but right now,

1:31:57.120 --> 1:32:00.240
<v Speaker 1>in order to be a news business, you have to

1:32:00.280 --> 1:32:01.639
<v Speaker 1>have talent to write the news.

1:32:01.760 --> 1:32:04.160
<v Speaker 2>Yeah, you do, and and it's all the more precious,

1:32:04.320 --> 1:32:07.800
<v Speaker 2>you know that. As I said at the outset, I'm

1:32:07.800 --> 1:32:10.200
<v Speaker 2>fortunate to have a good team, but you can't take

1:32:10.200 --> 1:32:12.640
<v Speaker 2>that for granted. I probably spend you know, he asked me.

1:32:12.720 --> 1:32:14.479
<v Speaker 2>Actually the first question asked is what do I do.

1:32:15.400 --> 1:32:19.120
<v Speaker 2>I probably spend you know, four hours out of every

1:32:19.160 --> 1:32:24.120
<v Speaker 2>ten on talent development and my team. It's absolutely critical.

1:32:24.120 --> 1:32:27.920
<v Speaker 1>Have you got an aging talent pool. It's a good mix.

1:32:28.160 --> 1:32:28.840
<v Speaker 1>It's a good mix.

1:32:30.040 --> 1:32:34.919
<v Speaker 2>Yeah, so we've got we've got a good cadet ship program, unfortunate.

1:32:35.080 --> 1:32:39.519
<v Speaker 2>I mean, that's actually the money from Google to license

1:32:39.600 --> 1:32:43.280
<v Speaker 2>our content pays for our cadetship program. And it's so

1:32:43.280 --> 1:32:46.759
<v Speaker 2>so critical because it's sort of injecting that fresh blood.

1:32:47.320 --> 1:32:49.640
<v Speaker 2>But then we've also got the grizzly old journals that

1:32:49.840 --> 1:32:51.360
<v Speaker 2>are there too, who are fantastic.

1:32:51.400 --> 1:32:53.599
<v Speaker 1>Well, that's only sort of says that your attention has

1:32:53.640 --> 1:32:56.439
<v Speaker 1>been very good. I mean, because I mean everything's about

1:32:56.840 --> 1:33:01.040
<v Speaker 1>recruitment and retention. So maybe the recruitments more difficult because

1:33:01.120 --> 1:33:03.920
<v Speaker 1>there's lesser pool to recruit them. There's more people trying

1:33:03.920 --> 1:33:04.479
<v Speaker 1>to hit that pool.

1:33:04.520 --> 1:33:06.360
<v Speaker 2>Yeah, you're right, retention is, but your attentions.

1:33:06.439 --> 1:33:08.519
<v Speaker 1>I mean, like if I look at you mentioned my

1:33:08.640 --> 1:33:11.200
<v Speaker 1>car Arnison, which is one of the younger Rugby League journalists.

1:33:11.880 --> 1:33:14.400
<v Speaker 1>Michael's maybe he's forty, I don't know sure, But then

1:33:14.400 --> 1:33:18.240
<v Speaker 1>you've got Buzz, who's like my age, Buzz one hundred

1:33:18.360 --> 1:33:22.400
<v Speaker 1>Buzz to hear that, and but you still got in there. Yeah,

1:33:22.600 --> 1:33:25.080
<v Speaker 1>because to keep Michael you need to have absolutely you

1:33:25.160 --> 1:33:27.000
<v Speaker 1>need he wants to look. He looks up to Buzz

1:33:27.920 --> 1:33:33.040
<v Speaker 1>and that's sort of like, you know, if he wasn't there,

1:33:33.120 --> 1:33:34.439
<v Speaker 1>it's going to be hard to get a whole lot

1:33:34.439 --> 1:33:36.360
<v Speaker 1>of footy the inspiration.

1:33:36.520 --> 1:33:40.560
<v Speaker 2>And it's the same with Mark Maury as our crime Yeah,

1:33:40.640 --> 1:33:44.519
<v Speaker 2>and then Josh Hanrahan is just freakishly good and they're like,

1:33:45.200 --> 1:33:47.920
<v Speaker 2>you know, the old couple, but they work together. Well.

1:33:48.000 --> 1:33:52.559
<v Speaker 1>Markemurray's got a head for crime. He doesn't. He's just

1:33:52.600 --> 1:33:54.920
<v Speaker 1>like I look at him, he's on TV. I come

1:33:54.960 --> 1:34:00.439
<v Speaker 1>in where I see him now he's probably but asking that.

1:34:00.720 --> 1:34:02.519
<v Speaker 1>I think he's got a head for a crime writer.

1:34:03.240 --> 1:34:06.400
<v Speaker 1>Brilliant and just just on that, just sorry, quickly, I

1:34:06.479 --> 1:34:08.639
<v Speaker 1>mean I'm going I've been going too long. I'm getting

1:34:08.640 --> 1:34:12.439
<v Speaker 1>wound up. But just on that. I remember in the

1:34:12.520 --> 1:34:14.519
<v Speaker 1>days when Hardo was there, we're going to talk about

1:34:14.560 --> 1:34:20.719
<v Speaker 1>long time ago. They are always connected with the cops,

1:34:21.800 --> 1:34:23.840
<v Speaker 1>and you know, they did a lot with the police

1:34:23.840 --> 1:34:26.960
<v Speaker 1>because you know, they needed to get that's information. That's

1:34:27.439 --> 1:34:29.840
<v Speaker 1>it still works that way very much. Yeah, because.

1:34:31.720 --> 1:34:32.679
<v Speaker 2>It works both ways.

1:34:32.760 --> 1:34:36.439
<v Speaker 1>Yeah, correct, because sometimes the police wants something.

1:34:36.600 --> 1:34:38.679
<v Speaker 2>Yeah. I mean it doesn't mean we hold them, don't

1:34:38.680 --> 1:34:41.519
<v Speaker 2>hold them account Yeah, but you definitely have to have

1:34:41.520 --> 1:34:44.880
<v Speaker 2>a strong relationship and have that back channel ability to

1:34:44.880 --> 1:34:46.320
<v Speaker 2>have those back channel conversations.

1:34:46.360 --> 1:34:48.920
<v Speaker 1>Yeah, and what doesn't really compromise you anyway, because you know,

1:34:49.479 --> 1:34:52.400
<v Speaker 1>just because you're talking to, you know, the crime commander

1:34:52.439 --> 1:34:54.439
<v Speaker 1>for New South Wales, it doesn't necessarily mean you've got

1:34:54.439 --> 1:34:57.280
<v Speaker 1>to support the commissioner if she's in the you know,

1:34:57.600 --> 1:35:00.640
<v Speaker 1>in the in the headlines for some reason. Right, And

1:35:00.720 --> 1:35:03.200
<v Speaker 1>because the crime the head of crime, he'll still talk

1:35:03.240 --> 1:35:04.880
<v Speaker 1>to you because he knows there's a need for that.

1:35:05.439 --> 1:35:09.519
<v Speaker 1>So I sort of get that. But the old days

1:35:09.520 --> 1:35:12.439
<v Speaker 1>are pretty close. I mean I haven't really been around.

1:35:13.560 --> 1:35:16.680
<v Speaker 1>I'm still involved with the police, but in terms of

1:35:17.160 --> 1:35:21.519
<v Speaker 1>I do stuff for them. But do you still play

1:35:21.560 --> 1:35:23.960
<v Speaker 1>that game sort of very much? Mark Murray would sort

1:35:24.000 --> 1:35:25.200
<v Speaker 1>of be talking to them.

1:35:25.280 --> 1:35:27.800
<v Speaker 2>All the time. Yeah, and me too. You know, it's

1:35:28.040 --> 1:35:31.680
<v Speaker 2>really important to have those relationships because it's also like

1:35:31.760 --> 1:35:34.760
<v Speaker 2>I have to have a very strong contact book and

1:35:34.800 --> 1:35:38.160
<v Speaker 2>being constantly contact with a lot of external parties. Otherwise,

1:35:38.680 --> 1:35:40.760
<v Speaker 2>he asked me before, how do I have a sense

1:35:40.800 --> 1:35:43.200
<v Speaker 2>of what's important? I have to be out and about

1:35:43.240 --> 1:35:43.639
<v Speaker 2>a lot.

1:35:44.160 --> 1:35:46.920
<v Speaker 1>Yeah, and does that mean your life is sort of

1:35:48.160 --> 1:35:49.480
<v Speaker 1>you know, you're always.

1:35:49.080 --> 1:35:54.040
<v Speaker 2>On pretty much? Yeah, yeah, I like that. Yeah, it's fun.

1:35:54.240 --> 1:35:57.400
<v Speaker 1>So nine times you've got to go to functions to

1:35:57.560 --> 1:36:00.519
<v Speaker 1>write down the sort of dallims and it gets definitely.

1:36:00.600 --> 1:36:01.680
<v Speaker 2>Yeah, it's an important one.

1:36:01.800 --> 1:36:05.519
<v Speaker 1>Yeah. So you okay, that's cool, but that means you're

1:36:05.560 --> 1:36:07.920
<v Speaker 1>incredibly busy then, like if you're kicking off early in

1:36:07.920 --> 1:36:10.880
<v Speaker 1>the morning, because you've got to be around when people

1:36:10.960 --> 1:36:12.880
<v Speaker 1>talking to you. But then you've got to sort of

1:36:12.880 --> 1:36:15.519
<v Speaker 1>do the schmoozing sort of stuff. I mean it's sort

1:36:15.520 --> 1:36:17.960
<v Speaker 1>of pr type of thing. But I've got to be present.

1:36:18.600 --> 1:36:20.760
<v Speaker 2>You've got to be present, You've got to c and

1:36:20.880 --> 1:36:25.080
<v Speaker 2>be scene and I think it's really important. So that's

1:36:25.080 --> 1:36:26.240
<v Speaker 2>how you established trust.

1:36:26.040 --> 1:36:27.040
<v Speaker 1>As well enjoying it.

1:36:27.400 --> 1:36:28.280
<v Speaker 2>I'm loving it. Yeah.

1:36:28.320 --> 1:36:30.240
<v Speaker 1>Yeah, it's the best job. I've got the best job

1:36:30.240 --> 1:36:30.639
<v Speaker 1>in Sydney.

1:36:30.680 --> 1:36:31.960
<v Speaker 2>I love it. It's so great.

1:36:32.160 --> 1:36:36.760
<v Speaker 1>Yeah. And and what's the Yeah, do you worry about burnout.

1:36:37.960 --> 1:36:38.439
<v Speaker 2>Every day?

1:36:38.640 --> 1:36:40.200
<v Speaker 1>Yeah? You feel exhausted?

1:36:40.320 --> 1:36:42.439
<v Speaker 2>Yeah, I mean I kind of cacun a bit on

1:36:42.439 --> 1:36:44.960
<v Speaker 2>the weekends. Yeah, whor I can you just sort of

1:36:45.360 --> 1:36:47.120
<v Speaker 2>you know, you're not really But.

1:36:47.080 --> 1:36:50.000
<v Speaker 1>What is someone like you do to just to flip

1:36:50.000 --> 1:36:53.400
<v Speaker 1>it a little bit too, just to relax, to decompress.

1:36:53.720 --> 1:36:57.880
<v Speaker 1>I serve like actually in the on a border yea wow.

1:36:58.120 --> 1:36:58.760
<v Speaker 2>Yeah.

1:36:58.840 --> 1:37:01.120
<v Speaker 1>And do you live in Cyitny?

1:37:01.240 --> 1:37:07.360
<v Speaker 2>Yeah, surf at Maroubra okay, and you know that's just great.

1:37:07.680 --> 1:37:10.799
<v Speaker 2>You're in the wilderness and no one.

1:37:10.640 --> 1:37:13.560
<v Speaker 1>Can call you. Always surfed. Yeah, since I was that

1:37:13.720 --> 1:37:15.840
<v Speaker 1>seven or eight, Apple Juice was sitting across of there.

1:37:15.840 --> 1:37:17.240
<v Speaker 1>He used to be a journalist Tracks.

1:37:17.240 --> 1:37:19.479
<v Speaker 2>I was talking to him. Amazing. I mean, that's what

1:37:19.520 --> 1:37:21.920
<v Speaker 2>I have that I dreamt off, that's the dream shop.

1:37:22.040 --> 1:37:23.920
<v Speaker 1>Yeah. Yeah, he was jals of tracks. But he left

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<v Speaker 1>me because and if he saw the like, he decided

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<v Speaker 1>to come to stay talk much better. So you could

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<v Speaker 1>have done that if you had, if you were twenty five,

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<v Speaker 1>thirty five, forty years younger, you could have done the

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<v Speaker 1>same thing. All go wrong, mate. Good to see

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<v Speaker 2>You too, mate, Thanks so much.