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Speaker 1: Hi, my Boris and this is straight Talk. Peter Dutton.

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Speaker 1: Welcome back to straight Talk. Mate.

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Speaker 2: Great to be with you. Mark.

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Speaker 1: Thank you been a bit hectic.

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Speaker 2: It's been a bit on there's no sleep at the moment,

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Speaker 2: but we're just going twenty four to seven until Poles

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Speaker 2: closed on Saturday night.

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Speaker 3: Did you ever have any concept of how I use

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Speaker 3: it hectic? How sort of crazy this is like running

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Speaker 3: for you know, the leader of the party as opposed

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Speaker 3: to just your normal seat.

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Speaker 1: Do you have any sense for it?

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Speaker 2: Look, I've been around. I've served four Prime ministers, so

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Speaker 2: I've seen different campaigns, and I've been in the leadership

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Speaker 2: group and watched it pretty you know, sort of ringside

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Speaker 2: for a long time. But until you're in the ring

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Speaker 2: and you're just going round after around it, it can

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Speaker 2: be exhausting. But it's also exhilarating, mate. I mean, we've

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Speaker 2: met some just amazing people. We're up in towns full

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Speaker 2: the other day on Anzac Day meeting with young diggers

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Speaker 2: up there in the RSL and you know what, selfie's

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Speaker 2: and all that sort of stuff, But you're standing there thinking,

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Speaker 2: you know what this young blow twenty one, twenty two

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Speaker 2: years of age has such a love for our country

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Speaker 2: that he's prepared to trade his life to keep my kids,

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Speaker 2: my grandkids safe in our country. And all of that

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Speaker 2: provides you, I think, just with fuel and the tank

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Speaker 2: to think, you know what, this is worth fighting for

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Speaker 2: and we're in a great country and I need to

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Speaker 2: step up and make sure we protect our country and

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Speaker 2: get it back on track.

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Speaker 1: You got the fight still in you?

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Speaker 2: One hundred percent? Yeah, yeah, I never never give in,

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Speaker 2: and I've always had that as my maximum over life,

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Speaker 2: to make sure that you just double down and you

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Speaker 2: stand up for what you believe in, and there's no

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Speaker 2: sitting on the fence. You need to tell people and

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Speaker 2: be clear about what your values are, what you stand for,

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Speaker 2: and if you try and please everyone in this job,

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Speaker 2: you end up, I think, standing for nothing. And there

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Speaker 2: are good and bad people on both sides of politics,

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Speaker 2: but the worst ones of those that get to the

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Speaker 2: end of their career and nobody can tell you what

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Speaker 2: they stood for or what they believed in. What's the

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Speaker 2: point of public service if you can't stand up for

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Speaker 2: the values that you really strongly believe in, and what

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Speaker 2: are w'here to?

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Speaker 1: Anything is surprised.

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Speaker 2: Just the negative campaigns and the lies that have come

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Speaker 2: from Labor in this campaign. As I said, I've been

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Speaker 2: in Parliament almost twenty five years and the you know,

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Speaker 2: I mean, politicians can be accused of telling FIBs or

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Speaker 2: lies or whatever, but I've never seen a leader look

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Speaker 2: down the barrel of the camera like this one and

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Speaker 2: he just lies, just flat out tells people black is white,

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Speaker 2: and even when he's pulled up on it, he dances around.

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Speaker 2: And I mean, I've seen different Labor and Liberal leaders

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Speaker 2: get caught out, and most of them respect the truth

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Speaker 2: and adhere to that, but this is a different scenario.

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Speaker 2: So I've been really surprised by the depth of the lies.

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Speaker 2: And I think though, I've got an incredible faith in

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Speaker 2: the Australian people, and I think over the last four

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Speaker 2: or five days, people are starting to say, actually, you

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Speaker 2: know what, that doesn't add up what he's saying, and

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Speaker 2: I know that not to be true what I just

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Speaker 2: heard him say. And we've seen it because we've had

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Speaker 2: four debates now and people have done their research, and

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Speaker 2: I think as we get closer to the election, momentum

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Speaker 2: is starting to swing back towards the Liberal Party and

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Speaker 2: I think that will by six PM on Saturday Night.

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Speaker 2: See is in a very strong position in which I

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Speaker 2: think we can win.

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Speaker 1: This is funny.

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Speaker 3: I've been through a lot of elections too, and not

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Speaker 3: in the same capacity as you, but as a voter,

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Speaker 3: and I don't think I've ever heard anybody be called

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Speaker 3: a lie I don't think people have challenged a proposition

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Speaker 3: that you know, opposing people have put up. But I

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Speaker 3: don't really ever.

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Speaker 1: Remember hearing anyone call anyone a liar.

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Speaker 3: And actually, one of the things that has come out

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Speaker 3: of this whole campaign from both sides is that I've

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Speaker 3: actually heard you say that the Prime Minister is weak,

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Speaker 3: yet he's somehow surged ahead of you guys in the

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Speaker 3: polls so called post talk about that at a moment,

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Speaker 3: but it looks as though at least the media of

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Speaker 3: putting him as a winner.

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Speaker 1: I can't reconcile that stuff.

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Speaker 2: Well, I mean a couple of points. One is, you

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Speaker 2: don't lead the left of the Labor Party for twenty

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Speaker 2: years if you don't have some mungrel in you, so

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Speaker 2: there's no question about that. But weak in the sense

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Speaker 2: that he hasn't been able to stand up, for example,

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Speaker 2: to Kevin Rudd, who wanted demanded to go to the

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Speaker 2: United States as our ambassador and has been a failure.

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Speaker 2: Really weak in the sense that he wasn't prepared to

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Speaker 2: explain the detail of the Voice to the Australian people,

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Speaker 2: even though it was promised, but he never had any

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Speaker 2: intention of doing that. Weak in the sense that they've

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Speaker 2: made decisions to spend a lot of money when they

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Speaker 2: should have been taking the foot off the accelerator so

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Speaker 2: that interest rates didn't stay as high as they have.

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Speaker 2: They've gone up on twelve occasions, they've only come back

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Speaker 2: once and that's only by point two five of one percent.

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Speaker 2: And weak in the sense that he hasn't been able

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Speaker 2: to stand up and make the decision to invest into

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Speaker 2: keeping us safe as a community, and people feel less

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Speaker 2: safe in their communities. And I think we're less safe

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Speaker 2: as a country because the government's taken money out of

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Speaker 2: defense as well in a very uncertain period. So I

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Speaker 2: think there's that element to it if you step back though,

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Speaker 2: as as best I can, and i'm as assay sort

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Speaker 2: of in the arena. But what they've done is they

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Speaker 2: have just plastered a negative campaign against us over the

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Speaker 2: course of the last few weeks. Why would they do that?

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Speaker 2: Their campaign can't be look vote for labor at this

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Speaker 2: election because you're paying three hundred bucks a month less

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Speaker 2: for your groceries, you're paying two hundred dollars less a

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Speaker 2: month for your electricity bill, or two hundred and seventy

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Speaker 2: five dollars less, or you're paying one hundred and fifty

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Speaker 2: dollars less a month for your insurance premiums. Gas has

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Speaker 2: gone up by thirty four percent, electricity is up by

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Speaker 2: thirty two percent, groceries up by thirty percent, and people

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Speaker 2: know in their own budgets that they're struggling to keep

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Speaker 2: their heads above water. So they had to go negative

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Speaker 2: because they can't talk the achievements of the last three

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Speaker 2: years and how people are better off. Thirty thousand small

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Speaker 2: businesses have gone broke. So that's why I think we've

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Speaker 2: seen the level of negativity, the depth of that negativity,

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Speaker 2: and the labor lies. It probably just talks about Medicare.

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Speaker 2: Block building rates are down by eleven percent under his watch.

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Speaker 2: People are paying forty three dollars out of pocket to

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Speaker 2: go and see a GP. In some cases they're canceling

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Speaker 2: or not making appointments to go to see a doctor

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Speaker 2: because they haven't got the forty three bucks to fork

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Speaker 2: out out of their budget for a doctor's visit, and

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Speaker 2: you know, I mean that's if you listen to their campaign,

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Speaker 2: they've been the greatest friend of medicare ever. It's just

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Speaker 2: not the reality.

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Speaker 3: But then, how does he is it a reflection on

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Speaker 3: the voting population or how is it that he's able

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Speaker 3: then to swap over the national poles which is different

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Speaker 3: to seat by seat pole, but the national poles that

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Speaker 3: the media keep trotting out. How's he been able to

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Speaker 3: swap it over from the coalition being ahead, let's say

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Speaker 3: beginning of January late last year, to accordingly according to

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Speaker 3: the current.

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Speaker 1: Position being looking as though that you're behind. Is he

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Speaker 1: just a good politicians?

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Speaker 2: I think he's a tricky politician. I think he's demonstrated that.

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Speaker 2: And the negative campaign has had an impact. I do

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Speaker 2: think though over the last four or five days, and

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Speaker 2: you can see this in the internal track polling, it

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Speaker 2: is starting to shift and people are starting to see

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Speaker 2: through the negative campaign. The campaign is starting to and

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Speaker 2: momentum starting to come back. We've seen it on the

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Speaker 2: pre pole as well. Talking to marginal seat members and

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Speaker 2: candidates in our key seats. There's a really positive sentiment

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Speaker 2: on pre polling since it's opened now, that'll be some

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Speaker 2: Liberal Party voters coming out early, particularly older Australians, older

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Speaker 2: Astralans who are really worried about unrealized capital gains tax,

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Speaker 2: They're worried about where the economy is going. They're worried

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Speaker 2: that kids and grandkids can't get housing. So there'll be

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Speaker 2: that element to the voter sentiment at the moment. But

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Speaker 2: there are still you know, a lot of people who

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Speaker 2: are undersided, a lot of people who don't take much

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Speaker 2: interest in politics at all, will start to switch on

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Speaker 2: over the next few days. And I think there are

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Speaker 2: a lot of people who have listened to the Labor

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Speaker 2: Party pitch and may have been taken first up by it,

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Speaker 2: but now realize, hang on it, that doesn't make sense.

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Speaker 2: Medicare is not going to see a doctor, is not

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Speaker 2: cheaper than it was a few years ago. And am

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Speaker 2: I better off today than I was three years ago? Well,

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Speaker 2: for a lot of families know, And it's not just

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Speaker 2: a referendum. This election is not just a referendum on

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Speaker 2: the campaign of the last few weeks and who's held

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Speaker 2: more babies and you know, who's visited more seats or

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Speaker 2: done more flights or anything like that. This is a

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Speaker 2: referendum on the last three years, and I don't think

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Speaker 2: people forget that. And it's also about, well, are you

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Speaker 2: better off in three years time having re elected a

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Speaker 2: labor Green's government, or are you better off with labor

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Speaker 2: being out of power and the Liberals managing the economy

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Speaker 2: effectively again and keeping us safe and realizing the dream

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Speaker 2: of home ownership again.

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Speaker 3: So I received a text last night, interesting enough and

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Speaker 3: unsolicited and more random than anything from Jeff Wilson.

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Speaker 1: And you're going to.

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Speaker 2: Say, Clive Palmer for a second.

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Speaker 3: I've got a few of those says. I haven't had

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Speaker 3: a few of those trumble to Patriot once now. But

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Speaker 3: I received this text from Jeff Wilson. Jeff Wilson runs

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Speaker 3: a fund and he's a very successful guy here in Sydney.

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Speaker 3: And he sent me a copy of a paper about

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Speaker 3: unrealized gains capital gains in super funds and the proposed

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Speaker 3: tax on those gains.

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Speaker 1: And I thought, wow, that's knowing I was.

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Speaker 3: Seeing you today, that is a really important point I

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Speaker 3: need to put to you.

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Speaker 1: And I said to Jeff, I would put it to you.

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Speaker 3: He's a good friend of mineus that have put to you,

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Speaker 3: and he's actually prepared a white paper on it, or

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Speaker 3: his organization prepared white paper on it, which I might

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Speaker 3: actually send over to you. But where everyone's forgotten about this,

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Speaker 3: you know, I think the amount is three million dollars

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Speaker 3: if you have in your super fun because you've worked

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Speaker 3: hard and you've been out to contribute over a million years,

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Speaker 3: you know, enough money to get over three million dollars

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Speaker 3: worth of assets, but you haven't sold them.

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Speaker 1: They just value did that.

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Speaker 3: Under the proposal by the Labor Party, which is what

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Speaker 3: Jeff was bringing to my attention last night again, was

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Speaker 3: that you'd be paying tax on that. And I don't

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Speaker 3: know how you paid tax on an unrealized game. I

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Speaker 3: don't we get the money from him to pay tax

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Speaker 3: on something as unrealized because you don't have the cash

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Speaker 3: because you haven't realized the game. Can what's the position

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Speaker 3: of the Liberal Party of the coalition on this stuff?

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Speaker 2: So, Mike, we opposed it straight away when the government

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Speaker 2: proposed it, and they've tried now, I think, to sort

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Speaker 2: of push the boundaries on this. They've done research on

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Speaker 2: abolition of negative gearing and cutting out the discount on

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Speaker 2: capital gains, tax on the sale of an asset held

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Speaker 2: for longer than twelve months as well. So I think

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Speaker 2: there is a broader issue here of credibility. So the

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Speaker 2: prime went to the last election saying no changes to

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Speaker 2: super tax, and of course this change then came in,

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Speaker 2: and I equate it to you know, if you're a

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Speaker 2: way journal, if you're a tradee or you working for

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Speaker 2: a boss, it's like charging you tax, like you're having

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Speaker 2: to pay the tax office the tax before you get

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Speaker 2: paid your wage for that week. And if you're in

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Speaker 2: a superfund and you've got a farm in that super fund,

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Speaker 2: which many rural families do, or if you're a family

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Speaker 2: maybe second third generation family with a block of shops

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Speaker 2: or a couple of units, or if you've got shares

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Speaker 2: that have just done really well, you've picked a couple

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Speaker 2: of cracking shares that have taken off. For that twelve

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Speaker 2: month period, you might have seen an increase in value

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Speaker 2: in the block of flats or in the price of

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Speaker 2: your shares, you haven't realized the gain. So if the

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Speaker 2: price has gone from a all are up to five dollars,

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Speaker 2: you're taxed on that capital gain, and the next twelve months,

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Speaker 2: the shares might come back. There might be a crash.

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Speaker 2: The valuation that you've had to pay for again for

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Speaker 2: the building that you've got in your superfund might show

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Speaker 2: that prices have come off, or perhaps you've got vacancies

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Speaker 2: and the yield's gone down in relation to the shops

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Speaker 2: that you've got to. It could be anything, right. You

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Speaker 2: could have a development application that's approved. You've sunk a

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Speaker 2: lot of money into getting the development application and it

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Speaker 2: increases the price of the block of land that you're

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Speaker 2: holding or whatever it is. You're going to pay tax

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Speaker 2: under Labour's model, and it raises a few billion dollars,

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Speaker 2: so they know that it's really going to hurt. And

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Speaker 2: if you're in a superfund and you haven't got much

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Speaker 2: cash in the super fund, if you are a farmer,

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Speaker 2: for example, and you've got limits as to how much

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Speaker 2: money you can put on depending on how old you

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Speaker 2: are as to how much money you can put into

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Speaker 2: that fund, you might be forced into a position where

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Speaker 2: you've got to sell the asset to pay the tax bill.

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Speaker 2: And it just it's I just think it's unjust and

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Speaker 2: it's unfair and it's also nonsense. Well, it's absolutely it is,

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Speaker 2: but it captures like people might say, now, oh, you

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Speaker 2: know three million bucks and you're super fund if only,

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Speaker 2: but this will capture with inflation people over the coming years.

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Speaker 2: It's not not index, so the three million doesn't go

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Speaker 2: up each year, so this will capture more and more

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Speaker 2: tax payers each year. And as I say, if you're

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Speaker 2: if you've inherited some money and you've put it into

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Speaker 2: your super or you've just listened to the financial advisors

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Speaker 2: who have said, okay, pile as much money as you

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Speaker 2: can into super because it's a safe asset class. You're

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Speaker 2: you're now going to come within scope over the course

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Speaker 2: of the next few years. Like we've fought really hard

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Speaker 2: against this, Labor and the Green strongly support it. And

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Speaker 2: again I think it gives a window into Labour's thinking.

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Speaker 2: It's it's that we can take money away from you

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Speaker 2: because we think you've done too well. And that's sort

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Speaker 2: of the socialism that's at operation. That's at the heart

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Speaker 2: of the operation of Labor and Green's parties. That it's

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Speaker 2: well three distribution. And Jeff Wilson, who I know well

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Speaker 2: also I'm in one of the smartest financial minds in

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Speaker 2: the country. He's horrified by all of this, and most

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Speaker 2: financial advisors are poor keating, poor keeting would be he

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Speaker 2: wouldn't he wouldn't recognize it in terms of what the

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Speaker 2: Labor Party's proposing here. And it provides a disincentive as well,

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Speaker 2: because a lot of financial advisors will be saying to

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Speaker 2: younger people, look, actually I wouldn't be putting that much

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Speaker 2: money into supernow because it's just risky. We don't know

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Speaker 2: whether the three million is going to be brought down.

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Speaker 2: If Labor needs to create more tax and more revenue,

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Speaker 2: maybe they'll drop the three million down to two million

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Speaker 2: dollars and you'll be captured by that. So the whole

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Speaker 2: idea of that Super is that it's a safe place

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Speaker 2: to invest and it's going to provide for your retirement.

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Speaker 2: But if you take away that certainty, younger people are

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Speaker 2: just going to say, well, actually, no, I'm not going

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Speaker 2: to tip money into Super. And you know, we sold

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Speaker 2: you know, a car or a boat instead of spending

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Speaker 2: that money, we're going to dump it into Super. Those

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Speaker 2: people stopped doing that, and I think that's you know,

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Speaker 2: I think that that is a really bad outcome. Not

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Speaker 2: enough people are talking about it, and as I say

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Speaker 2: it also then says, well, if Anthony Albanezi told you

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Speaker 2: before the last election that there were no not going

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Speaker 2: to be any tax changes around super he's saying the

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Speaker 2: same thing now around the family home. But we know

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Speaker 2: that they've done the work on what negative gearing abolition

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Speaker 2: looks like and what the abolition of the CGT fifty

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Speaker 2: percent discount looks like as well, So that you know,

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Speaker 2: I think gives a window into the thinking of the

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Speaker 2: Labor Party and that they'll always want a tax more

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Speaker 2: because I always want to spend more. But that's what

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Speaker 2: puts interest rates up as well.

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Speaker 3: I hope you don't mind if I just I don't

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Speaker 3: want to labor this this point, but it's quite important

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Speaker 3: to someone like me. I think about the kids, the

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Speaker 3: twenty year old kids, let's call them, even the fifteen

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Speaker 3: year old kids, but maybe they're not voting. But let's

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Speaker 3: say your grandkids or my grandkids in my case, or

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Speaker 3: we could be thinking about young people who are just

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Speaker 3: turning twenty getting the first job they're going to work

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Speaker 3: for forty five years, and they're going to be putting

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Speaker 3: the money into this great thing that look, you know,

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Speaker 3: let's give it a keyping a great thing that the

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Speaker 3: Keyting came up with in the nineties, a great thing,

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Speaker 3: and it's about building up enough wealth so you can

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Speaker 3: retire comfortably, because every Australian works their butt off and

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Speaker 3: they deserve to retire comfortably. And the whole regime about

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Speaker 3: this is having concessionary concessional tax rates on your superfund

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Speaker 3: and the money the super fund made. That's the whole premise.

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Speaker 3: A kid who's twenty in forty five years time will

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Speaker 3: probably will have to have more than three million dollars

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Speaker 3: worth assays it's be.

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Speaker 1: Able to live comfortably, no doubt about that.

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Speaker 3: And so that person right now want to get their

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Speaker 3: act together and think about what they're going to do,

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Speaker 3: because if this goes through, this is a next extential

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Speaker 3: threat to what was originally designed by Jim Chalmers's greatest

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Speaker 3: person in his life, Paul Keating. And I just can't

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Speaker 3: believe that they're actually even talking about it or considering it.

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Speaker 3: Is this a real risk of getting a pass by

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Speaker 3: it through Parliament?

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Speaker 2: Well, yes, and again it wasn't. Nothing was mentioned about

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Speaker 2: it before the election. It's one of the key broken

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Speaker 2: promises And to your point too, which I think is

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Speaker 2: really well made, that the reason that we've got a

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Speaker 2: concessional taxation arrangement that is people paying low attacks in

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Speaker 2: SUPER when the money's compounding and you're earning and building

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Speaker 2: that nest eck up is because it's your money ultimately,

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Speaker 2: Whilst the boss takes it out before you see it

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Speaker 2: and sends it off to your super fund, it's your

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Speaker 2: money and you can't access it. So the price that

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Speaker 2: we as a government are saying to you for putting

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Speaker 2: that money aside not being able to use it to

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Speaker 2: buy a boat or go on a holiday or whatever

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Speaker 2: it might be, is that we're going to tax you

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Speaker 2: at a lower rate because we want you to be

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Speaker 2: self sufficient in retirement because we've got an aging population,

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Speaker 2: more people on pensions, and your point is spot on,

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Speaker 2: where you've worked your guts out your whole life. We

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Speaker 2: want you to be able to enjoy your retirement and

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Speaker 2: SUPER is part of the way in which you're going

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Speaker 2: to be able to do that. But the government just

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Speaker 2: up ends all of that logic and thinking that keeping

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Speaker 2: first had in mind, and it's just a tax grab.

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Speaker 2: And it's even worse than that because you're saying to somebody, Okay,

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Speaker 2: we're going to have to pay a valuer during the

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Speaker 2: course of every financial year to work out whether the

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Speaker 2: asset's gone up or down during the course of that year.

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Speaker 3: Then the cost of valuers for real estate, they charge

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Speaker 3: a percentage of the valuation, well on.

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Speaker 2: Thousands and thousands of dollars. So the values will be

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Speaker 2: happy because they're going to be paid to do these

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Speaker 2: desktop audits or whatever. I don't know the level of detail.

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Speaker 2: The government hasn't released how much money you'd have to

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Speaker 2: spend in an average super fun to comply with the

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Speaker 2: new change. And there are as I say, like that

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Speaker 2: you get fluctuations in different assets that you've got in

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Speaker 2: your superannuation, whether it's shares or whether it's real property

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Speaker 2: or whatever it might be. So I think there's a

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Speaker 2: real problem here, and I think it shows the difference

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Speaker 2: between the two parties. The Liberal Party will always be

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Speaker 2: better economic managers because most of us come from a

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Speaker 2: business background. Most of us know how to manage money.

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Speaker 2: We've started businesses, we've worked really closely in my case

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Speaker 2: with with Peter Costello and with John Howard. And part

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Speaker 2: of the reason that the economy suffering at the moment

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Speaker 2: is because there are now four budgets where the government

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Speaker 2: has made decisions that have just made life much harder,

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Speaker 2: and people feel that in their own household budgets.

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Speaker 1: When we talk about that tax on.

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Speaker 3: Assets of a super inneration fund, I feel as I'm

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Speaker 3: playing a game of Monopoly and i just landed on

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Speaker 3: the chance square and I've left it up my chance

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Speaker 3: card and it says pay tax. It's like a prosperity taxes.

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Speaker 3: It's like I've been prosperous for the twelve months as

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Speaker 3: a result of the advice that my advisor has given

402
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Speaker 3: me as to what I should be buying.

403
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Speaker 1: Investing has done well as a result of that prosperity.

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Speaker 3: You got to pay tax. It doesn't mean I made

405
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Speaker 3: the money. I didn't earn the dough. It's not too

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Speaker 3: different what Dan Andrews put into Victoria for farmers who

407
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Speaker 3: have had their land rezoned, where the land's gone from

408
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Speaker 3: being a farm worth one price to being resigned for

409
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Speaker 3: housing become much more valuable, and Dan Andrews went and

410
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Speaker 3: taxed them before they sold on. These poor bloody farmers

411
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Speaker 3: have been forced to sell their property to pay the tax.

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Speaker 2: That's right. They haven't got the cash, the lazy cash

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Speaker 2: sitting around to pay the uplift tax like that. It's

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Speaker 2: and I just I mean, this is a really interesting

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Speaker 2: coint as well, because if Labour's logic is that that

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Speaker 2: can apply within superinnuation, well why not outside of super Yeah,

417
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Speaker 2: so if you're scar yeah, it's really scary, but it

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Speaker 2: would generate them a lot of money. People would pay

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Speaker 2: a lot of tax. And again I sort of bring

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Speaker 2: it back to the basic point that if you're a

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Speaker 2: trading and you're getting you know, however much a week,

422
00:21:07,560 --> 00:21:09,920
Speaker 2: a thousand bucks a week, you're being asked to pay

423
00:21:09,920 --> 00:21:12,359
Speaker 2: the taxman the turn of dollars a week before you

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Speaker 2: get the thousand, you know, or before you get the

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Speaker 2: eight hundred. And it's wrong in principle, and it discourages

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Speaker 2: investment and it undermines the certainty about investing in this country.

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Speaker 2: And that is that's exactly what we've seen in Victoria

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Speaker 2: where businesses have just pulled money out. They've gone to

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Speaker 2: Adelaide or they've gone to Sydney or Brisbane and they're

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Speaker 2: employing workers there. And the Labor Party's devastated the Victorian

431
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Speaker 2: economy and you know a lot of Victorians are very

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Speaker 2: angry about it.

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Speaker 1: Rightly, so it's very interesting.

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Speaker 3: I have a lot, I got quite a lot of

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Speaker 3: branches down in Brisbane, Victoria, and I used to go

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Speaker 3: down there and they'd always say to me, you know,

437
00:21:47,280 --> 00:21:49,280
Speaker 3: Dan Andrews is Dan Andrews that, And then I say,

438
00:21:49,320 --> 00:21:51,720
Speaker 3: but how come we keeps getting in? But now, what's

439
00:21:51,760 --> 00:21:56,640
Speaker 3: interesting that the mood has completely swung against Dan Andrews

440
00:21:56,720 --> 00:22:00,320
Speaker 3: and his successes in Victoria in terms of labor Party,

441
00:22:00,680 --> 00:22:02,920
Speaker 3: like completely swa yes, yeah, I think that's right. And

442
00:22:03,280 --> 00:22:06,040
Speaker 3: because people eventually worked out that Andrews was just running

443
00:22:06,080 --> 00:22:09,440
Speaker 3: the joint into the ground and he was a big spender,

444
00:22:09,840 --> 00:22:13,800
Speaker 3: like a massive spender. And now he's turned the place

445
00:22:13,840 --> 00:22:16,560
Speaker 3: into it a tax haven for government. And what I

446
00:22:16,560 --> 00:22:18,439
Speaker 3: mean by that is not tax over for consumers, but

447
00:22:18,600 --> 00:22:22,359
Speaker 3: government there, like the property market in Victoria's suffered because

448
00:22:22,400 --> 00:22:26,439
Speaker 3: if you own an investment, you pay land tax on

449
00:22:26,520 --> 00:22:29,719
Speaker 3: the first fifty after the first fifty thousand dollars of valuation,

450
00:22:30,080 --> 00:22:32,840
Speaker 3: whereas New South Wales as something like one point one

451
00:22:32,960 --> 00:22:34,800
Speaker 3: five or something like that, one point one five million,

452
00:22:35,359 --> 00:22:38,600
Speaker 3: and people are house prices going down. A real estate

453
00:22:38,680 --> 00:22:41,960
Speaker 3: investment down there is at an all time low as

454
00:22:42,000 --> 00:22:42,480
Speaker 3: a result of that.

455
00:22:42,520 --> 00:22:43,320
Speaker 1: Let's put my houses.

456
00:22:43,320 --> 00:22:45,080
Speaker 3: That means a collecting less stamp duty and they're getting

457
00:22:45,080 --> 00:22:46,880
Speaker 3: into a bigger hole, and the hole is getting deeper

458
00:22:46,880 --> 00:22:47,600
Speaker 3: and deep and deeper.

459
00:22:48,040 --> 00:22:49,040
Speaker 1: Do you see that?

460
00:22:49,440 --> 00:22:53,000
Speaker 3: Is that a mentality? Is that a Labor Party mentality?

461
00:22:53,040 --> 00:22:54,240
Speaker 3: It eventually gets them.

462
00:22:54,359 --> 00:22:57,720
Speaker 2: It is it's a jealousy thing. And it's if you

463
00:22:57,760 --> 00:22:59,880
Speaker 2: have a look back through the history of this country

464
00:23:00,600 --> 00:23:05,160
Speaker 2: where there's only so much tax that people who work

465
00:23:05,200 --> 00:23:07,600
Speaker 2: hard can pay, and you get to a tipping point

466
00:23:07,600 --> 00:23:10,240
Speaker 2: where they say, you know what, I'm just withdrawing my

467
00:23:10,280 --> 00:23:13,240
Speaker 2: effort and I'm not going to build that house or

468
00:23:13,240 --> 00:23:14,919
Speaker 2: I'm not going to build that block of units. And

469
00:23:15,880 --> 00:23:18,879
Speaker 2: it's almost what's happened in the construction sector with the

470
00:23:18,920 --> 00:23:21,359
Speaker 2: involvement of the CFM. I mean, the CFMA has donated

471
00:23:21,359 --> 00:23:24,320
Speaker 2: about twelve million dollars to the Labor Party since Anthony

472
00:23:24,359 --> 00:23:27,080
Speaker 2: Alberanezi became leader, and so they've let the CFM you

473
00:23:27,119 --> 00:23:29,800
Speaker 2: just run right. In the building sector, productivity is down

474
00:23:29,880 --> 00:23:31,440
Speaker 2: to about two and a half days a week, which

475
00:23:31,440 --> 00:23:34,000
Speaker 2: means it takes twice as long and twice the cost

476
00:23:34,040 --> 00:23:38,280
Speaker 2: to build an apartment block. And in Victoria, all of

477
00:23:38,320 --> 00:23:42,520
Speaker 2: that capital is being withdrawn and moved to other states,

478
00:23:42,520 --> 00:23:44,639
Speaker 2: to New South Wales for example, as you point out,

479
00:23:45,200 --> 00:23:47,960
Speaker 2: and at a time when we should be seeing an

480
00:23:48,040 --> 00:23:51,520
Speaker 2: encouragement to invest into say housing, when we need more

481
00:23:51,520 --> 00:23:55,359
Speaker 2: houses coming online, people are just saying, well, the taxes

482
00:23:55,359 --> 00:23:59,280
Speaker 2: are too great, and I'm not being I'm just not

483
00:23:59,320 --> 00:24:03,840
Speaker 2: going to be this sort of soft target any longer.

484
00:24:03,960 --> 00:24:08,480
Speaker 2: And my point before about if it's logical for Jim

485
00:24:08,520 --> 00:24:11,119
Speaker 2: Chalmers and Anthony Open easy to tax you in that

486
00:24:11,160 --> 00:24:14,720
Speaker 2: way in superinnuation, why not in your other investments, and

487
00:24:14,720 --> 00:24:17,160
Speaker 2: why not on your house. If your house is worth

488
00:24:17,200 --> 00:24:20,480
Speaker 2: more than you know, a million dollars and my house

489
00:24:20,480 --> 00:24:23,040
Speaker 2: is only worth five hundred thousand dollars, then you know,

490
00:24:23,080 --> 00:24:25,439
Speaker 2: the logic is that you should pay tax so that

491
00:24:25,880 --> 00:24:28,639
Speaker 2: I can be subsidized in another way. I mean, that

492
00:24:29,119 --> 00:24:34,040
Speaker 2: is just socialism. It's and it's withdrawing the encouragement, the

493
00:24:34,040 --> 00:24:37,680
Speaker 2: incentive for entrepreneurialism and for people to invest and grow

494
00:24:37,720 --> 00:24:41,480
Speaker 2: their businesses. And and that ultimately means that less tax

495
00:24:41,560 --> 00:24:46,640
Speaker 2: is paid, more public servants, you know, become employed. And

496
00:24:47,560 --> 00:24:49,160
Speaker 2: a lot of that's happened over the last few years,

497
00:24:49,160 --> 00:24:50,000
Speaker 2: particularly in Victoria.

498
00:24:50,160 --> 00:24:52,680
Speaker 3: So someone else raised another interesting point with me. Well

499
00:24:52,720 --> 00:24:54,760
Speaker 3: known economy, so I won't drag him into the conversation,

500
00:24:54,840 --> 00:24:59,800
Speaker 3: but he raises his point with me. If you look

501
00:24:59,800 --> 00:25:03,480
Speaker 3: at the the credit rating of New South Wales compet

502
00:25:03,480 --> 00:25:08,240
Speaker 3: to Victoria Victoria, Victorians have to pay a higher regist

503
00:25:08,280 --> 00:25:11,320
Speaker 3: rate on money that Victoria and government borrows relative to

504
00:25:11,359 --> 00:25:13,719
Speaker 3: what we have to do here in New South Wales

505
00:25:14,359 --> 00:25:16,679
Speaker 3: because the credit rating New South Wales is higher than

506
00:25:16,680 --> 00:25:20,159
Speaker 3: the credit rating Victoria. And I see today that stand

507
00:25:20,160 --> 00:25:24,639
Speaker 3: and Pause are concerned about the long series from now on,

508
00:25:24,680 --> 00:25:27,520
Speaker 3: the long series of deficits we're going to have, which

509
00:25:27,560 --> 00:25:29,879
Speaker 3: means have I either got to raise the money in

510
00:25:30,000 --> 00:25:33,239
Speaker 3: the markets, go and borrow money as a country, and

511
00:25:33,280 --> 00:25:35,119
Speaker 3: we keep hearing this number of a trillion or a

512
00:25:35,119 --> 00:25:41,040
Speaker 3: trillion plus in debt and either that or we've got

513
00:25:41,040 --> 00:25:44,800
Speaker 3: a tax more or both in order to fund the deficit.

514
00:25:46,240 --> 00:25:50,480
Speaker 3: Stand Pause are a pretty tough organization. They don't muck

515
00:25:50,520 --> 00:25:53,640
Speaker 3: around and once you get a downgrade from them, it's

516
00:25:53,720 --> 00:25:56,159
Speaker 3: very hard to get regrader back up. In Australia as

517
00:25:56,200 --> 00:25:58,919
Speaker 3: a country, not stay by state, but as a country

518
00:25:59,000 --> 00:26:02,240
Speaker 3: has enjoy a triple A rating for a long long time,

519
00:26:02,240 --> 00:26:04,359
Speaker 3: which is a rare thing. Like lot many countries in

520
00:26:04,359 --> 00:26:07,160
Speaker 3: the world have this, which means we pay the lowest

521
00:26:07,280 --> 00:26:09,399
Speaker 3: as a country when we borrow, we pay the lowest

522
00:26:09,400 --> 00:26:12,040
Speaker 3: possible interest rate, which is great, which I means, you

523
00:26:12,040 --> 00:26:14,800
Speaker 3: know more, we feel more encouraged that we can borrow

524
00:26:14,800 --> 00:26:21,159
Speaker 3: more money. But if we keep borrow money, STANDPOD is

525
00:26:21,160 --> 00:26:24,400
Speaker 3: going to get nervous because investors will sue them. That's

526
00:26:24,400 --> 00:26:27,080
Speaker 3: what happened during the GFC if they don't properly rate

527
00:26:27,160 --> 00:26:29,920
Speaker 3: a country. In other words, they think you're spending too much.

528
00:26:30,760 --> 00:26:33,600
Speaker 3: So I'd like to ask you this. I know you're

529
00:26:33,640 --> 00:26:35,520
Speaker 3: not the treasurer, but doesn't matter. You're the leader of

530
00:26:35,520 --> 00:26:36,240
Speaker 3: the party.

531
00:26:35,920 --> 00:26:37,359
Speaker 1: And I know you understand economics.

532
00:26:38,040 --> 00:26:44,160
Speaker 3: What is the danger of running deficits year in year

533
00:26:44,200 --> 00:26:47,520
Speaker 3: out for a ten year period, having to tap the

534
00:26:47,560 --> 00:26:51,000
Speaker 3: markets all the time, when already we have an example

535
00:26:51,000 --> 00:26:52,040
Speaker 3: of what's happening in Victoria.

536
00:26:52,560 --> 00:26:54,280
Speaker 1: Victoria, we have that example.

537
00:26:54,280 --> 00:26:57,720
Speaker 3: But when already the stand and poor rating Agency, the

538
00:26:57,760 --> 00:27:00,399
Speaker 3: Global Rating Agency, is already starting to think of this.

539
00:27:00,560 --> 00:27:01,639
Speaker 1: What's the danger of that?

540
00:27:01,680 --> 00:27:04,600
Speaker 3: And what will what will you, as your elader of

541
00:27:04,600 --> 00:27:07,000
Speaker 3: your party do to try and manage this?

542
00:27:07,680 --> 00:27:10,520
Speaker 2: Well mark that the risk compounds each year, as you

543
00:27:10,560 --> 00:27:14,080
Speaker 2: point out, because you've got a thirty billion dollar deficit

544
00:27:14,119 --> 00:27:16,960
Speaker 2: one year, and add that on top of the debt

545
00:27:17,000 --> 00:27:19,320
Speaker 2: that you've already got. So it goes, you know, from

546
00:27:19,359 --> 00:27:21,960
Speaker 2: a trillion dollars up and this government projects it will

547
00:27:22,000 --> 00:27:25,200
Speaker 2: go to one point two trillions. So they have deficits

548
00:27:25,200 --> 00:27:29,919
Speaker 2: in every year that they forecast, and it's like having

549
00:27:31,320 --> 00:27:36,159
Speaker 2: your credit card maxed out each month and pretending that

550
00:27:36,280 --> 00:27:39,560
Speaker 2: if you get sick or you lose your job, or

551
00:27:40,119 --> 00:27:42,800
Speaker 2: you need to replace the fridge it's broken down unexpectedly,

552
00:27:42,800 --> 00:27:44,880
Speaker 2: that you're going to be able to do that. At

553
00:27:44,920 --> 00:27:50,639
Speaker 2: some stage, you can't do it. And your point is

554
00:27:50,680 --> 00:27:53,040
Speaker 2: exactly right in terms of standard and poor now in

555
00:27:53,119 --> 00:27:58,000
Speaker 2: terms of what they've said, so they're basically firing shot

556
00:27:58,040 --> 00:28:00,639
Speaker 2: across the bout to say, look, we think, you know,

557
00:28:00,720 --> 00:28:03,240
Speaker 2: we think labor government's spending a lot of money. They

558
00:28:03,240 --> 00:28:05,640
Speaker 2: talked about off budget funds, So these are all green

559
00:28:05,720 --> 00:28:09,000
Speaker 2: energy funds that they're continuing to fund in the tens

560
00:28:09,040 --> 00:28:09,800
Speaker 2: of billions.

561
00:28:09,440 --> 00:28:11,199
Speaker 1: Of dollars which do not appear in the budget.

562
00:28:11,320 --> 00:28:15,640
Speaker 2: That's right, So they're off budget and they're still though

563
00:28:15,680 --> 00:28:18,399
Speaker 2: taken into account in terms of our credit worthiness. So

564
00:28:19,680 --> 00:28:23,520
Speaker 2: the point is that Australia becomes much riskier and the

565
00:28:23,560 --> 00:28:26,560
Speaker 2: price you pay for those borrowings, as you point out,

566
00:28:26,560 --> 00:28:30,880
Speaker 2: goes higher, and it becomes this vicious cycle, and as

567
00:28:30,920 --> 00:28:34,280
Speaker 2: your credit rating deteriorates, you're paying more and more for

568
00:28:34,320 --> 00:28:36,920
Speaker 2: the bank. No different than if a person with a

569
00:28:36,960 --> 00:28:40,520
Speaker 2: bad credit rating goes to borrow money from the bank,

570
00:28:40,560 --> 00:28:43,320
Speaker 2: as opposed to someone who's got an impeccable credit rating.

571
00:28:43,440 --> 00:28:46,080
Speaker 2: You'll pay different interest rates because the risk is higher

572
00:28:46,480 --> 00:28:48,920
Speaker 2: if you've got a bad track record. And this also

573
00:28:49,000 --> 00:28:52,080
Speaker 2: happened with the Reserve Bank governor, who's independent from the government,

574
00:28:52,400 --> 00:28:54,840
Speaker 2: who has been warning the government over the last few years. Look,

575
00:28:54,840 --> 00:28:57,239
Speaker 2: if you keep spending money like you are, and this

576
00:28:57,280 --> 00:28:59,640
Speaker 2: is the biggest spending government in the last forty years,

577
00:29:00,640 --> 00:29:02,800
Speaker 2: you're going to end up with higher interest rates. Well

578
00:29:02,840 --> 00:29:05,640
Speaker 2: guess what they've gone up twelve occasions since the government's

579
00:29:05,640 --> 00:29:08,600
Speaker 2: been elected. Come back by quarter, as we said before,

580
00:29:09,240 --> 00:29:11,080
Speaker 2: and I think people thought, oh, well, you know, if

581
00:29:11,080 --> 00:29:14,360
Speaker 2: it's come back by point two five, there'll be another

582
00:29:14,400 --> 00:29:16,760
Speaker 2: twenty five points next month and another fifty points of

583
00:29:16,800 --> 00:29:20,360
Speaker 2: the month after. That hasn't happened because now guarantee, well,

584
00:29:20,360 --> 00:29:24,040
Speaker 2: well there's not And as we know, with what we're

585
00:29:24,040 --> 00:29:26,680
Speaker 2: seeing internationally at the moment, the uncertainty in Europe and

586
00:29:26,680 --> 00:29:29,360
Speaker 2: in the Middle East and the tariff debate, the talk

587
00:29:29,400 --> 00:29:32,000
Speaker 2: of a global recession is real and if that happens,

588
00:29:32,400 --> 00:29:34,840
Speaker 2: we don't have any money in the bank to pay

589
00:29:34,920 --> 00:29:36,960
Speaker 2: for what we need to pay for to get through

590
00:29:36,960 --> 00:29:38,560
Speaker 2: that rainy day. One of the things that we had

591
00:29:38,600 --> 00:29:41,360
Speaker 2: going for is going into COVID, was that we'd got

592
00:29:41,400 --> 00:29:43,840
Speaker 2: the budget back into balance after years and years of

593
00:29:43,880 --> 00:29:47,320
Speaker 2: labor deficits after Kevin Rudd and Julia Gillard, and it

594
00:29:47,320 --> 00:29:49,720
Speaker 2: took us a number of years, and it's exactly history

595
00:29:49,720 --> 00:29:52,560
Speaker 2: repeating itself, given that it happened for John Howard as

596
00:29:52,600 --> 00:29:55,160
Speaker 2: well when he came into government after the Keeping years.

597
00:29:55,200 --> 00:29:57,680
Speaker 2: They had ninety six billion dollars of debt in those days,

598
00:29:58,080 --> 00:30:01,440
Speaker 2: a lot of money in ninety ninety six, and it

599
00:30:01,520 --> 00:30:04,440
Speaker 2: took them year after year to go through the budget

600
00:30:04,840 --> 00:30:08,440
Speaker 2: find where the waste was cut, the waste out, trimmed

601
00:30:08,440 --> 00:30:11,920
Speaker 2: down on spending where you can still provide the essential services,

602
00:30:12,520 --> 00:30:15,440
Speaker 2: but got the budget back into balance and then put

603
00:30:15,440 --> 00:30:18,680
Speaker 2: it into surplus. And then they created the Future Fund

604
00:30:18,760 --> 00:30:21,600
Speaker 2: and that Future Fund still sits there today. Labour's never

605
00:30:21,640 --> 00:30:25,520
Speaker 2: created a future fund because they never run surplus budgets.

606
00:30:25,560 --> 00:30:27,560
Speaker 2: They got two surpluses at the start of this term

607
00:30:27,600 --> 00:30:29,880
Speaker 2: only because of the fact that we put the budget

608
00:30:29,880 --> 00:30:31,640
Speaker 2: into a good position when they came into government. But

609
00:30:31,680 --> 00:30:34,480
Speaker 2: then for every year after that, as we pointed out before,

610
00:30:34,520 --> 00:30:38,680
Speaker 2: there's just read ink in every projection, so it's putting

611
00:30:38,720 --> 00:30:40,360
Speaker 2: us in a weaker position. And I think that's what

612
00:30:40,360 --> 00:30:43,360
Speaker 2: the credit agencies are saying now, and we need to

613
00:30:43,400 --> 00:30:46,200
Speaker 2: heed that advice and make sure that we spend money wisely.

614
00:30:46,360 --> 00:30:49,479
Speaker 2: The other point, of course, is that if you're somebody

615
00:30:49,520 --> 00:30:51,440
Speaker 2: at the moment who's just taken a second job, maybe

616
00:30:52,040 --> 00:30:54,760
Speaker 2: a shift at the bottle or at the survey on

617
00:30:54,800 --> 00:30:57,680
Speaker 2: a Saturday night, because you just can't pay the bills,

618
00:30:58,720 --> 00:31:01,000
Speaker 2: you ought to know that when you're paying that tax

619
00:31:01,280 --> 00:31:03,720
Speaker 2: from your second job and from your first job, maybe

620
00:31:03,760 --> 00:31:06,520
Speaker 2: your third job as well, that your taxes are being

621
00:31:06,560 --> 00:31:09,960
Speaker 2: spent wisely. And if you've trimmed back every dollar of

622
00:31:10,000 --> 00:31:13,120
Speaker 2: discretionary spend in your own household budget or as a

623
00:31:13,120 --> 00:31:16,320
Speaker 2: small business, you know every cost has gone up, your

624
00:31:16,360 --> 00:31:19,760
Speaker 2: sales have gone down, and your profit margins are really tight.

625
00:31:20,840 --> 00:31:22,440
Speaker 2: You want to know when you're paying tax that the

626
00:31:22,480 --> 00:31:26,480
Speaker 2: federal government is spending that tax wisely, and at the moment,

627
00:31:26,520 --> 00:31:29,480
Speaker 2: I don't think people believe that that's the case under

628
00:31:29,480 --> 00:31:32,440
Speaker 2: this government. So we have to spend money wisely because

629
00:31:32,480 --> 00:31:34,680
Speaker 2: ultimately the government has no money, only the moneys they

630
00:31:34,760 --> 00:31:37,440
Speaker 2: collect in taxes from hard working Australians.

631
00:31:37,680 --> 00:31:41,280
Speaker 3: I mean, for those people who wanted somebody to address that,

632
00:31:41,400 --> 00:31:43,200
Speaker 3: or someone who has addressed that in the past, or

633
00:31:43,200 --> 00:31:44,440
Speaker 3: you need to go as on YouTube and have a

634
00:31:44,440 --> 00:31:47,320
Speaker 3: look at Kerry Packer addressing your Senate and saying you

635
00:31:47,360 --> 00:31:49,600
Speaker 3: guys don't really know how to spend the money that

636
00:31:49,920 --> 00:31:54,200
Speaker 3: you're trying to raise for everybody, and actually that's existed forever. Yeah,

637
00:31:54,240 --> 00:31:57,360
Speaker 3: And I think that's a really important point. We should

638
00:31:57,360 --> 00:32:02,560
Speaker 3: not be seduced during these campaign means into thinking, oh, wow,

639
00:32:02,720 --> 00:32:04,080
Speaker 3: there's something more and it for me. There's a bit

640
00:32:04,080 --> 00:32:05,600
Speaker 3: more money for me, there's a bit more money for me,

641
00:32:05,960 --> 00:32:08,800
Speaker 3: when in actual fact, you be people got to be

642
00:32:08,880 --> 00:32:11,640
Speaker 3: very very careful because ultimately it's got to come from somewhere.

643
00:32:11,960 --> 00:32:14,040
Speaker 3: And we did talk about standard paus, we did talk

644
00:32:14,080 --> 00:32:15,240
Speaker 3: about the borrowing of money.

645
00:32:16,680 --> 00:32:18,880
Speaker 1: You did mention something very interesting.

646
00:32:18,480 --> 00:32:21,200
Speaker 3: To me, and I'm reminded of another conversation with it,

647
00:32:21,200 --> 00:32:23,680
Speaker 3: because I'm talking to conoms all time. Another economists conversation

648
00:32:23,880 --> 00:32:26,600
Speaker 3: the other day and he was talking about the Howard period.

649
00:32:27,800 --> 00:32:33,000
Speaker 3: And of course John Howard still around today, extraordinarily one

650
00:32:33,040 --> 00:32:35,960
Speaker 3: of the one of the icons of the Liberal Party,

651
00:32:36,560 --> 00:32:39,960
Speaker 3: but a great manager of this country, him and Costello.

652
00:32:40,040 --> 00:32:43,720
Speaker 3: But you know he was at the helm and in

653
00:32:43,800 --> 00:32:46,000
Speaker 3: nineteen ninety six and just prior to that period, during

654
00:32:46,040 --> 00:32:51,800
Speaker 3: the Keating Hawk period, interest rates got up to extraordinary heights,

655
00:32:52,000 --> 00:32:56,520
Speaker 3: as did inflation. But post ninety six, right through to

656
00:32:56,800 --> 00:33:02,600
Speaker 3: twenty right up until the COVID period, the inflation number

657
00:33:02,600 --> 00:33:08,600
Speaker 3: in Australia sat between two percent and three percent for

658
00:33:08,680 --> 00:33:13,880
Speaker 3: twenty odd years as a result of what John Howard.

659
00:33:13,560 --> 00:33:16,640
Speaker 1: Did after that period of Kiding Hawk.

660
00:33:18,600 --> 00:33:22,880
Speaker 3: That's Howard and Costello a great team and they were

661
00:33:22,880 --> 00:33:27,240
Speaker 3: in government for a long long time and they didn't

662
00:33:27,240 --> 00:33:29,560
Speaker 3: go right through to twenty twenty, of course, but that

663
00:33:30,280 --> 00:33:33,640
Speaker 3: momentum carry through for that period, right through a GFC.

664
00:33:33,720 --> 00:33:35,680
Speaker 3: I mean, we had a blip in the GFC, but

665
00:33:35,960 --> 00:33:41,320
Speaker 3: we got under control. I worry that we're heading through

666
00:33:41,920 --> 00:33:46,480
Speaker 3: We're heading through another tumultuous high inflation period. We might

667
00:33:46,520 --> 00:33:49,160
Speaker 3: get one or two reductions, but it could come back very,

668
00:33:49,240 --> 00:33:54,320
Speaker 3: very quickly. I'm worried about that process happening again. Does

669
00:33:54,320 --> 00:33:57,840
Speaker 3: that something that goes through your head and your parties

670
00:33:58,200 --> 00:34:02,600
Speaker 3: and your senior advisors then your party. Do you feel

671
00:34:02,840 --> 00:34:07,320
Speaker 3: a responsibility to sort of bring back that low inflation

672
00:34:07,440 --> 00:34:11,960
Speaker 3: period to Australia like we had for twenty odd years

673
00:34:12,640 --> 00:34:14,759
Speaker 3: because Australia is one of the few countries of the

674
00:34:14,760 --> 00:34:15,960
Speaker 3: world was able to do that.

675
00:34:17,080 --> 00:34:18,239
Speaker 1: Very few countries could do it.

676
00:34:19,120 --> 00:34:22,799
Speaker 2: The answer is yes, and it's instinctive because this is

677
00:34:22,840 --> 00:34:27,680
Speaker 2: the reason that we've got prices just going through the

678
00:34:27,760 --> 00:34:30,320
Speaker 2: roof right across the economy. We're at blue Scope the

679
00:34:30,360 --> 00:34:34,800
Speaker 2: other day. The biggest manufacturers of steel in Australia, color bond, roofing,

680
00:34:35,280 --> 00:34:38,919
Speaker 2: steel frames for housing. They're paying three times the cost

681
00:34:38,960 --> 00:34:42,360
Speaker 2: for electricity now and three times the cost of gas,

682
00:34:42,440 --> 00:34:45,080
Speaker 2: and obviously they're huge energy users. They've got furnaces and

683
00:34:45,400 --> 00:34:47,919
Speaker 2: pumping out steel and products that we used to build

684
00:34:47,920 --> 00:34:51,640
Speaker 2: homes and buildings, and it's three times the cost of

685
00:34:51,680 --> 00:34:54,799
Speaker 2: their same factory in the United States. Now it's unsustainable.

686
00:34:54,880 --> 00:34:57,919
Speaker 2: You go to brickworks, same story, three times what they're

687
00:34:57,960 --> 00:35:03,120
Speaker 2: paying in the US. So those two core elements to construction, brick,

688
00:35:03,200 --> 00:35:07,680
Speaker 2: send and steel. We're paying the highest cost really in

689
00:35:07,719 --> 00:35:11,880
Speaker 2: the world. It's not sustainable, and so inflations everywhere across

690
00:35:11,920 --> 00:35:14,200
Speaker 2: the economy, and it's been driven by a number of things.

691
00:35:14,880 --> 00:35:20,320
Speaker 2: Core inflation is twice that of our g seven countries. Now.

692
00:35:21,000 --> 00:35:23,239
Speaker 2: Just spend a moment on that. When you think, why

693
00:35:23,320 --> 00:35:27,759
Speaker 2: haven't interest rates gone further down when they've gone down

694
00:35:27,800 --> 00:35:29,680
Speaker 2: in the United States and down in the UK and

695
00:35:29,680 --> 00:35:35,439
Speaker 2: down in Canada, in Europe absolutely and New Zealand, why

696
00:35:35,480 --> 00:35:37,440
Speaker 2: have they dropped there and they started to drop six

697
00:35:37,480 --> 00:35:40,640
Speaker 2: months before here. Why have we had the biggest drop

698
00:35:40,760 --> 00:35:43,520
Speaker 2: in living standards in our country's history over the last

699
00:35:43,520 --> 00:35:46,800
Speaker 2: three years and why are we living with the lowest

700
00:35:46,800 --> 00:35:51,080
Speaker 2: living standards compared to comparable nations at the moment. Well,

701
00:35:51,239 --> 00:35:53,400
Speaker 2: there's a bit to unpacked there, but one of the

702
00:35:53,440 --> 00:35:56,520
Speaker 2: reasons I think is because the government has been running

703
00:35:56,840 --> 00:36:00,600
Speaker 2: an inflationary budget. They've been fueling inflation, which is why

704
00:36:00,600 --> 00:36:03,520
Speaker 2: that core inflation rate is still held very high, and

705
00:36:03,520 --> 00:36:05,880
Speaker 2: that's why interest rates aren't coming down, and this is

706
00:36:05,880 --> 00:36:08,960
Speaker 2: what the Reserve Bank governors warned about. But also the

707
00:36:09,080 --> 00:36:11,399
Speaker 2: energy policy, which has just been a train wreck it's

708
00:36:11,400 --> 00:36:13,640
Speaker 2: actually just been a wrecking ball through the economy. Haven't

709
00:36:13,640 --> 00:36:17,680
Speaker 2: heard from Chris Bahin for a long No, he's witness protection.

710
00:36:18,680 --> 00:36:19,200
Speaker 2: I'm serious.

711
00:36:19,600 --> 00:36:22,440
Speaker 3: I wasn't trying to be funny, but I don't think

712
00:36:22,440 --> 00:36:24,520
Speaker 3: I've seen Chris Bones pop up anywhere.

713
00:36:24,600 --> 00:36:25,520
Speaker 1: No, for three months.

714
00:36:25,560 --> 00:36:27,920
Speaker 2: No, they've had him out of the public eye because

715
00:36:28,480 --> 00:36:31,200
Speaker 2: when people see him, they just know straight away he's

716
00:36:31,239 --> 00:36:33,759
Speaker 2: the bloke along with Anthony Alberanezi that's driven my power

717
00:36:33,760 --> 00:36:39,200
Speaker 2: prices up by over thirty percent. Now again, we were

718
00:36:39,280 --> 00:36:45,000
Speaker 2: talking with We're down an hour today with Andrew Constance,

719
00:36:45,760 --> 00:36:49,360
Speaker 2: and we went to small business owned by two brothers,

720
00:36:49,360 --> 00:36:53,239
Speaker 2: started it from scratch and it's a pretty big footprint.

721
00:36:54,480 --> 00:36:57,280
Speaker 2: They've got fruit and vege, but they also do grocery

722
00:36:57,320 --> 00:37:01,520
Speaker 2: lines and they've got meat and and dairy, et cetera.

723
00:37:02,239 --> 00:37:06,400
Speaker 2: They were saying there that they're just about to negotiate

724
00:37:06,440 --> 00:37:11,080
Speaker 2: their contracts, et cetera, and their power prices are up

725
00:37:11,120 --> 00:37:15,440
Speaker 2: by about forty percent. Now, if your power bill goes

726
00:37:15,520 --> 00:37:18,279
Speaker 2: up by six or eight thousand dollars a month, and

727
00:37:19,280 --> 00:37:22,520
Speaker 2: your wage bill's gone up, your rent's gone up, the

728
00:37:22,560 --> 00:37:26,120
Speaker 2: cost of every other input you know, you're running delivery

729
00:37:26,120 --> 00:37:28,880
Speaker 2: trucks around, et cetera. All of that is either consumed

730
00:37:28,880 --> 00:37:31,960
Speaker 2: by the business absorbed by the business, which is more

731
00:37:32,000 --> 00:37:35,080
Speaker 2: and more unlikely because the profit margins just aren't there.

732
00:37:35,960 --> 00:37:38,680
Speaker 2: What's happening is the cost increases have been passed on

733
00:37:39,320 --> 00:37:41,759
Speaker 2: and it's not just there on the shop floor. If

734
00:37:41,800 --> 00:37:44,600
Speaker 2: you go back through the supply chain, the farmer is

735
00:37:44,640 --> 00:37:46,960
Speaker 2: paying a lot more for fertilizer now because there's a

736
00:37:46,960 --> 00:37:50,799
Speaker 2: lot of gas used in the generation of fertilizer, and

737
00:37:51,440 --> 00:37:54,040
Speaker 2: the jars that they're buying to put the fruit in

738
00:37:54,239 --> 00:37:57,319
Speaker 2: ultimately that end up on the shelf. The glass manufacturer

739
00:37:57,440 --> 00:38:00,000
Speaker 2: under the Renewable's Only policy of Chris Bonne and Anthony,

740
00:38:00,440 --> 00:38:03,160
Speaker 2: they're paying more for the manufacture of those glasses. So

741
00:38:03,200 --> 00:38:07,080
Speaker 2: every point in the supply chain, the farmer, the cold storage,

742
00:38:07,360 --> 00:38:13,319
Speaker 2: the processing plant, the energy that's used to provide the

743
00:38:13,360 --> 00:38:18,160
Speaker 2: processing or manufacturing of food or clothing or motor vehicles,

744
00:38:18,239 --> 00:38:20,080
Speaker 2: whatever it is, all of that has increased under this

745
00:38:20,120 --> 00:38:23,560
Speaker 2: government and that's applied across the economy. So a few

746
00:38:23,560 --> 00:38:24,920
Speaker 2: of the things that we've said, Okay, what do you

747
00:38:24,960 --> 00:38:26,640
Speaker 2: do about that? Well, I think the way in which

748
00:38:26,680 --> 00:38:29,000
Speaker 2: we can fix the problem up as John Howard did

749
00:38:29,000 --> 00:38:31,399
Speaker 2: with the keating problem. Is the twenty five p cent

750
00:38:31,440 --> 00:38:35,000
Speaker 2: a leter cut in fuel tax. That means straight away

751
00:38:35,040 --> 00:38:40,760
Speaker 2: across the economy. So the delivery truck drivers, the fishing,

752
00:38:40,840 --> 00:38:46,440
Speaker 2: charter business, the pensioner, the Uni student, the trade's running

753
00:38:46,440 --> 00:38:49,560
Speaker 2: three or four trucks around the mums and dads. You

754
00:38:49,719 --> 00:38:52,520
Speaker 2: come down by about fourteen dollars a tank. And if

755
00:38:52,560 --> 00:38:55,439
Speaker 2: you're a two car family, that's saving you money straight away.

756
00:38:55,480 --> 00:38:58,000
Speaker 2: So removing a week every week and it removes some

757
00:38:58,000 --> 00:39:01,080
Speaker 2: of the cost pressure out of that family budget or

758
00:39:01,080 --> 00:39:04,160
Speaker 2: that small business budget. Then we say, okay, we'll give

759
00:39:04,160 --> 00:39:06,160
Speaker 2: you twelve hundred dollars back of tax that you've paid.

760
00:39:06,360 --> 00:39:09,480
Speaker 2: Twelve hundred dollars tax rebate for people on incomes up

761
00:39:09,480 --> 00:39:11,040
Speaker 2: to one hundred and forty four thousand dollars.

762
00:39:11,200 --> 00:39:13,919
Speaker 1: It is means tested, it's means tested, and it.

763
00:39:13,840 --> 00:39:17,719
Speaker 2: Means for a two income average household are twenty four

764
00:39:17,760 --> 00:39:21,360
Speaker 2: hundred dollars back. So that's the immediate relief to help people. Now,

765
00:39:21,719 --> 00:39:23,480
Speaker 2: what do we do then to fix up the broader

766
00:39:23,520 --> 00:39:26,640
Speaker 2: problem that Chris Barlin and Anthony Albanezi you created. We

767
00:39:27,680 --> 00:39:30,719
Speaker 2: have a huge export market for our gas, for our

768
00:39:30,760 --> 00:39:35,080
Speaker 2: natural gas fantastic because it creates revenues and royalties and

769
00:39:35,120 --> 00:39:38,880
Speaker 2: taxes being paid. But we can divert some of that

770
00:39:38,920 --> 00:39:42,319
Speaker 2: which is being exported now or beyond the reserves of it,

771
00:39:42,640 --> 00:39:45,920
Speaker 2: and increase the amount of gas that we're producing, flood

772
00:39:45,960 --> 00:39:48,600
Speaker 2: the market, flood the domestic market with that gas, and

773
00:39:48,680 --> 00:39:52,000
Speaker 2: bring the price down, and we cap the price, and

774
00:39:52,600 --> 00:39:54,799
Speaker 2: we say to those companies that you're going to be

775
00:39:54,880 --> 00:39:57,279
Speaker 2: required to sell that into the austrain market. Now, the

776
00:39:57,400 --> 00:40:01,200
Speaker 2: independent analysis that's been done by Frontier Economics, probably the

777
00:40:01,200 --> 00:40:04,480
Speaker 2: best economists in the country on energy policy, they say

778
00:40:04,520 --> 00:40:06,600
Speaker 2: that that will bring gas down by twenty three percent

779
00:40:06,680 --> 00:40:10,040
Speaker 2: the wholesale price. So that means Blue Scope paying less

780
00:40:10,040 --> 00:40:13,240
Speaker 2: for their gas. It means that the local Chinese shop

781
00:40:13,280 --> 00:40:15,799
Speaker 2: paying less for their gas. It means the gas used

782
00:40:15,840 --> 00:40:18,799
Speaker 2: in the production of electricity comes down and cost as well,

783
00:40:18,880 --> 00:40:22,600
Speaker 2: So the cost of electricity can come down for households,

784
00:40:22,640 --> 00:40:25,040
Speaker 2: but for businesses as well. And if we fix up

785
00:40:25,040 --> 00:40:30,120
Speaker 2: that energy disaster that they've created and ultimately bring in

786
00:40:30,200 --> 00:40:33,759
Speaker 2: our base load power, which we believe should be nuclear

787
00:40:33,880 --> 00:40:37,640
Speaker 2: zero mission's nuclear, that on the analysis brings our electricity

788
00:40:37,680 --> 00:40:40,239
Speaker 2: costs down by forty four percent and that's how we

789
00:40:40,239 --> 00:40:42,640
Speaker 2: can be competitive as a country again, and how we

790
00:40:42,640 --> 00:40:46,080
Speaker 2: can reduce the cost of groceries and reduce the cost

791
00:40:47,120 --> 00:40:49,280
Speaker 2: of all of those household budget items at the moment

792
00:40:49,480 --> 00:40:50,800
Speaker 2: that are just crushing families.

793
00:40:50,920 --> 00:40:53,240
Speaker 1: So that's a good point you're doing.

794
00:40:55,080 --> 00:40:57,200
Speaker 3: It's all very well to say we will reduce the

795
00:40:57,239 --> 00:41:00,000
Speaker 3: cost of living, but you've got to actually have some policies,

796
00:41:00,000 --> 00:41:03,000
Speaker 3: and you've just announced a number of policies there that

797
00:41:03,040 --> 00:41:06,360
Speaker 3: they all make sense to me, particularly the fuel exise.

798
00:41:06,400 --> 00:41:09,280
Speaker 3: I mean, I just can't believe that twenty five cents elita.

799
00:41:09,880 --> 00:41:12,520
Speaker 3: I mean, if for some reason the price of oil

800
00:41:12,600 --> 00:41:16,240
Speaker 3: dropped by twenty five cents and petrol at the bowser

801
00:41:16,360 --> 00:41:19,960
Speaker 3: become twenty five cents less, if for some reason that happened.

802
00:41:19,840 --> 00:41:23,279
Speaker 1: People would be sort of cheering and going up.

803
00:41:23,520 --> 00:41:25,279
Speaker 3: It should be going crazy, and they say it's only

804
00:41:25,320 --> 00:41:27,480
Speaker 3: going to be there for two weeks. Everybody, you're trying

805
00:41:27,480 --> 00:41:30,200
Speaker 3: to work out how to store the the petrol up. Correct,

806
00:41:32,160 --> 00:41:34,239
Speaker 3: But this thing is an ongoing thing, or are you're

807
00:41:34,239 --> 00:41:35,160
Speaker 3: saying it?

808
00:41:34,960 --> 00:41:36,840
Speaker 2: Do it for twelve months and then we assess it,

809
00:41:36,880 --> 00:41:39,520
Speaker 2: which is exactly what we did during COVID with job Keeper.

810
00:41:39,960 --> 00:41:42,960
Speaker 2: We said Okay, we need to address the economic circumstances

811
00:41:42,960 --> 00:41:46,080
Speaker 2: that we now face. But we didn't legislate job keeper forever,

812
00:41:46,200 --> 00:41:49,640
Speaker 2: and we're not still paying that because that problem has passed.

813
00:41:49,680 --> 00:41:52,160
Speaker 2: And so our argument is, what's our vision for our country. Well,

814
00:41:52,440 --> 00:41:55,040
Speaker 2: it's to help people right now, get them through the

815
00:41:55,080 --> 00:41:57,440
Speaker 2: next twelve months, the next twenty four months. With the

816
00:41:57,480 --> 00:41:59,680
Speaker 2: gas solution. We believe that that can have a big

817
00:41:59,680 --> 00:42:02,160
Speaker 2: impact by the end of this calendar year. So that

818
00:42:02,200 --> 00:42:04,560
Speaker 2: can start to relieve some of the pressure of the

819
00:42:04,600 --> 00:42:07,000
Speaker 2: costs in businesses by the end of this calendar year.

820
00:42:07,880 --> 00:42:12,080
Speaker 2: And if we need to extend the fuel excise, well

821
00:42:12,080 --> 00:42:16,120
Speaker 2: we can assess that at the time. And if petrol's

822
00:42:16,120 --> 00:42:18,160
Speaker 2: at two dollars under US, it comes down to a

823
00:42:18,200 --> 00:42:22,040
Speaker 2: dollar seventy five. If petrol the oil price drops and

824
00:42:22,200 --> 00:42:24,720
Speaker 2: the petrol price comes down to a dollar dollar fifty,

825
00:42:24,719 --> 00:42:28,320
Speaker 2: it's a dollar twenty five under US. And the fixed

826
00:42:29,080 --> 00:42:31,480
Speaker 2: cost of the excise, which is at fifty point four cents,

827
00:42:31,520 --> 00:42:35,920
Speaker 2: Now that applies whether PETREL's you know, fifty cents a

828
00:42:35,960 --> 00:42:38,840
Speaker 2: leter or it's five dollars a leter. But the problem is,

829
00:42:38,880 --> 00:42:42,480
Speaker 2: because it's been indexed, it's growing off a bigger base

830
00:42:42,560 --> 00:42:46,280
Speaker 2: each year, so it actually grows at a much faster

831
00:42:46,400 --> 00:42:48,880
Speaker 2: rate as the years go by. This is the argument

832
00:42:48,920 --> 00:42:52,399
Speaker 2: relation to beer excise as well, I might say, And

833
00:42:53,239 --> 00:42:55,680
Speaker 2: it grows off a bigger base because it's growing off

834
00:42:55,719 --> 00:42:58,279
Speaker 2: fifty cents not thirty cents each year, and so it

835
00:42:58,280 --> 00:43:00,919
Speaker 2: becomes a bigger tax each and every year year. And

836
00:43:01,000 --> 00:43:03,520
Speaker 2: it's the one way in which you can help across

837
00:43:03,560 --> 00:43:07,880
Speaker 2: the economy, as I say, and it's targeted. It helps

838
00:43:07,880 --> 00:43:10,560
Speaker 2: the UNI student, it helps the pensioner, it helps the

839
00:43:10,640 --> 00:43:14,640
Speaker 2: self under retiree, it helps the small business owner. And

840
00:43:14,680 --> 00:43:18,359
Speaker 2: that's you know, that's the thinking that we've applied to it.

841
00:43:18,400 --> 00:43:20,680
Speaker 2: But you need to fix the problem up. And part

842
00:43:20,680 --> 00:43:23,839
Speaker 2: of our solution, part of our thinking, as it was

843
00:43:23,880 --> 00:43:27,680
Speaker 2: for the how governments, what changes can you make to

844
00:43:28,080 --> 00:43:32,879
Speaker 2: modernize and to actually provide some relief to the cost

845
00:43:32,880 --> 00:43:35,080
Speaker 2: pressures Because what a strains don't want, but what they're

846
00:43:35,080 --> 00:43:37,200
Speaker 2: going to get if we end up with an urban

847
00:43:37,239 --> 00:43:40,600
Speaker 2: easy ban labor Green's government, They're going to spend more money.

848
00:43:40,640 --> 00:43:43,520
Speaker 2: Interest rates are going to go up higher. And the

849
00:43:43,600 --> 00:43:46,680
Speaker 2: thirty four percent increase in gas now that's just going

850
00:43:46,719 --> 00:43:48,520
Speaker 2: to continue to go up over the next three years

851
00:43:48,520 --> 00:43:51,200
Speaker 2: because the system is going to become more and more costly.

852
00:43:51,320 --> 00:43:53,520
Speaker 2: Is you need to roll out the twenty eight thousand

853
00:43:53,600 --> 00:43:56,480
Speaker 2: klimeters of new poles and wires, which is their energy policy.

854
00:43:56,719 --> 00:43:58,919
Speaker 2: That's going to be tens of billions of dollars which

855
00:43:58,960 --> 00:44:01,480
Speaker 2: you'll end up you're starting to pay that now in

856
00:44:01,520 --> 00:44:04,680
Speaker 2: your power bills. You look at the breakdown of your

857
00:44:04,680 --> 00:44:09,239
Speaker 2: power bill. Now you look at the chargers and look

858
00:44:09,239 --> 00:44:11,600
Speaker 2: at the network charges. You're already paying. That is a

859
00:44:11,600 --> 00:44:13,440
Speaker 2: big part of your electricity bill now.

860
00:44:13,640 --> 00:44:16,960
Speaker 3: So just explain to us, because none of us know

861
00:44:17,360 --> 00:44:22,520
Speaker 3: how it works in parliament. If it's an Albanizi band

862
00:44:22,640 --> 00:44:25,080
Speaker 3: or Labor and Greens sort of let's call it the

863
00:44:25,160 --> 00:44:34,040
Speaker 3: coalition government going forward? In practical terms, how does it work?

864
00:44:34,160 --> 00:44:37,319
Speaker 3: So let's say the Greens have got something they're really

865
00:44:37,360 --> 00:44:40,200
Speaker 3: desperate to push through. What do they walk up to

866
00:44:40,200 --> 00:44:43,759
Speaker 3: Albanisi or Chris Baron and say, listen, where he's supporting you?

867
00:44:44,239 --> 00:44:46,759
Speaker 1: Can you get this through and we'll do a deal.

868
00:44:47,480 --> 00:44:50,400
Speaker 3: What's the padder look like down there and the mothership

869
00:44:50,440 --> 00:44:52,359
Speaker 3: down there in camber? What would happen sort of thing?

870
00:44:52,440 --> 00:44:55,759
Speaker 2: Well, the Greens have already been transparent in terms of

871
00:44:55,760 --> 00:44:58,440
Speaker 2: what their shopping list looks like, at least the first

872
00:44:58,480 --> 00:45:01,640
Speaker 2: couple of items. One is they want an into fossil fuels,

873
00:45:01,680 --> 00:45:05,960
Speaker 2: so that means no gas, no coal. A company like

874
00:45:06,040 --> 00:45:10,000
Speaker 2: Rio Tinto last year paid about ten billion dollars worth

875
00:45:10,000 --> 00:45:13,719
Speaker 2: of company tax and royalty. So without that money, we're

876
00:45:13,719 --> 00:45:16,840
Speaker 2: not paying for schools and hospitals. But that's that's the

877
00:45:16,840 --> 00:45:17,640
Speaker 2: first issue.

878
00:45:17,400 --> 00:45:19,440
Speaker 1: And biggest taxpayer on mining companies.

879
00:45:20,040 --> 00:45:24,360
Speaker 2: And and there's there's insatiable demand for our product, for

880
00:45:24,440 --> 00:45:27,880
Speaker 2: our commodity, you know, whether it's iron ore or whether

881
00:45:27,920 --> 00:45:32,400
Speaker 2: it's coal, or whether it's you know, critical minerals, et cetera. Otherwise,

882
00:45:32,960 --> 00:45:35,359
Speaker 2: there's there's insatiable demand for that around the world. But

883
00:45:35,400 --> 00:45:38,680
Speaker 2: they want to close that down. That's their first want,

884
00:45:39,520 --> 00:45:41,920
Speaker 2: and they've been very open. I mean, Adam Bant, you know,

885
00:45:42,440 --> 00:45:44,919
Speaker 2: I don't give him credit for much because I don't

886
00:45:44,920 --> 00:45:47,960
Speaker 2: believe in the Green's philosophy, but he's been very clear

887
00:45:48,000 --> 00:45:52,680
Speaker 2: that their first you know, then their next request is

888
00:45:52,800 --> 00:45:56,279
Speaker 2: an abolition of negative gearing, and oh sure, and and

889
00:45:56,280 --> 00:45:58,799
Speaker 2: that that they've been upfront about that. Now that will

890
00:45:58,800 --> 00:46:00,880
Speaker 2: be on the table with the labour part. Jim Chalmers

891
00:46:00,920 --> 00:46:04,480
Speaker 2: has already done the research himself to ask Treasury to

892
00:46:04,880 --> 00:46:06,719
Speaker 2: model it and how much money would they get back

893
00:46:06,760 --> 00:46:10,399
Speaker 2: if they abolish negative gearing. So we know that they're

894
00:46:10,440 --> 00:46:10,960
Speaker 2: open to it.

895
00:46:11,120 --> 00:46:13,279
Speaker 1: It hasn't worked that bitterly. What happens is bank go

896
00:46:13,400 --> 00:46:15,720
Speaker 1: up to knock on the door of the Prime Minister.

897
00:46:16,080 --> 00:46:19,919
Speaker 2: Yes, yeah, they'll sit down in negotiations and if there's

898
00:46:19,920 --> 00:46:23,439
Speaker 2: not a clear decision on Saturday night then and that's

899
00:46:23,600 --> 00:46:26,960
Speaker 2: remember back to what happened with Julia Gillard when when

900
00:46:27,000 --> 00:46:29,840
Speaker 2: Anthony Albanzi was a senior minister and negotiating with the

901
00:46:29,880 --> 00:46:36,400
Speaker 2: Greens to find a compact between Julia Gillard and the Greens.

902
00:46:36,239 --> 00:46:39,279
Speaker 2: That's exactly what happened then. And this is why the

903
00:46:39,320 --> 00:46:41,200
Speaker 2: Prime Minister, even in his own seat, is putting the

904
00:46:41,239 --> 00:46:44,919
Speaker 2: Greens number two, and the Greens have put him number

905
00:46:44,920 --> 00:46:47,600
Speaker 2: two as well. I'll always preference the Labor Party ahead

906
00:46:47,600 --> 00:46:48,000
Speaker 2: of us.

907
00:46:48,120 --> 00:46:50,440
Speaker 3: Is this what you mean by when you vote Labor

908
00:46:50,480 --> 00:46:53,600
Speaker 3: you're endorsing Greens and effectively voting for the Greens.

909
00:46:53,680 --> 00:46:57,719
Speaker 1: Correct. In other words, you are voting for the Greens policies.

910
00:46:57,920 --> 00:47:01,000
Speaker 2: Yes, And if you're voting one for the Green, two

911
00:47:01,120 --> 00:47:04,439
Speaker 2: for the Labor candidate, three for the liberal candidate, Well,

912
00:47:04,640 --> 00:47:07,400
Speaker 2: that will only ever go to the labor candidate. And

913
00:47:07,440 --> 00:47:10,480
Speaker 2: that's the that's that's how they that's how they win,

914
00:47:10,600 --> 00:47:13,040
Speaker 2: because you can't just mark the ballot with with number one.

915
00:47:13,360 --> 00:47:18,040
Speaker 3: So, Peter, one of the things that I've been surprised

916
00:47:18,040 --> 00:47:22,680
Speaker 3: about and somewhat disappointed, to be honest with you, is

917
00:47:22,719 --> 00:47:24,919
Speaker 3: that there has been a bit of a personality game

918
00:47:25,040 --> 00:47:30,400
Speaker 3: going on in this campaign. And yeah, you're a hardened

919
00:47:30,440 --> 00:47:34,200
Speaker 3: ex copper and businessman, so you know, I don't know

920
00:47:34,239 --> 00:47:36,160
Speaker 3: what you did, what you did wrong in your life

921
00:47:36,160 --> 00:47:38,600
Speaker 3: to have to do both become be a policeman first

922
00:47:38,640 --> 00:47:40,080
Speaker 3: and put up with all that, and then have to

923
00:47:40,120 --> 00:47:42,200
Speaker 3: become a business a small business, I have to put.

924
00:47:42,120 --> 00:47:42,520
Speaker 1: Up all that.

925
00:47:42,840 --> 00:47:44,799
Speaker 3: But you know, you get fairly hardened after all that.

926
00:47:44,840 --> 00:47:49,200
Speaker 3: But irrespective, I sort of know what it's like because

927
00:47:49,200 --> 00:47:52,400
Speaker 3: you worry about your family. You do have wife and

928
00:47:52,520 --> 00:47:54,600
Speaker 3: kids and stuff like that. Who aren't part of all that,

929
00:47:54,880 --> 00:47:56,680
Speaker 3: of course, and it's never asked to.

930
00:47:56,680 --> 00:47:57,879
Speaker 1: Be either, by the way, And.

931
00:48:01,040 --> 00:48:05,920
Speaker 3: How do you feel right now about the personal attacks

932
00:48:05,920 --> 00:48:09,320
Speaker 3: on you? Because I actually thought, remember the old miss

933
00:48:09,320 --> 00:48:11,360
Speaker 3: Potato and anice sort of stuff. I mean, I have whatever,

934
00:48:12,160 --> 00:48:16,439
Speaker 3: big deal, but it's got much more personal from every level, Nelly,

935
00:48:17,239 --> 00:48:18,200
Speaker 3: how do you feel about that?

936
00:48:18,800 --> 00:48:21,080
Speaker 2: It does? And back to the earlier point about the

937
00:48:22,560 --> 00:48:26,000
Speaker 2: negative campaign, the personal attacks, because they haven't got a

938
00:48:26,040 --> 00:48:28,120
Speaker 2: good track record to talk about and that so their

939
00:48:28,120 --> 00:48:31,239
Speaker 2: campaign can't be how well you've done under labor over

940
00:48:31,239 --> 00:48:33,680
Speaker 2: the last three years. So in a two horse race,

941
00:48:34,680 --> 00:48:38,400
Speaker 2: their objective is to try and kill off the other horse,

942
00:48:38,600 --> 00:48:41,880
Speaker 2: and that's why they run the personal attacks against me.

943
00:48:43,800 --> 00:48:46,799
Speaker 2: If I'm being honest, it puts fuel in my tank

944
00:48:46,960 --> 00:48:50,360
Speaker 2: because it just makes me more determined to succeed. And

945
00:48:50,640 --> 00:48:53,720
Speaker 2: I mean in business and in life. As a police officer,

946
00:48:53,800 --> 00:48:56,440
Speaker 2: you know, I've been in some pretty tough situations, and

947
00:48:56,920 --> 00:48:59,960
Speaker 2: I've delivered death messages to parents of kids who have

948
00:49:00,200 --> 00:49:04,319
Speaker 2: overdose or have been killed in a car accident, and

949
00:49:04,560 --> 00:49:08,200
Speaker 2: all of that really pales. Makes what I'm going through

950
00:49:08,200 --> 00:49:11,440
Speaker 2: and the pressure that I'm under you seem pretty manageable.

951
00:49:11,600 --> 00:49:16,399
Speaker 2: And I've been in responded to domestic situations where women

952
00:49:16,440 --> 00:49:19,760
Speaker 2: are within an inch of their life and kids are screaming,

953
00:49:19,800 --> 00:49:24,920
Speaker 2: And you think back to those circumstances a detective taking

954
00:49:24,960 --> 00:49:29,240
Speaker 2: statements from rape victims, and people have been exposed to terrible,

955
00:49:29,320 --> 00:49:34,319
Speaker 2: terrible crimes, and part of the motivation for why I

956
00:49:34,320 --> 00:49:38,240
Speaker 2: got into politics was to protect people like that and

957
00:49:38,280 --> 00:49:42,080
Speaker 2: to make sure that we had less victims and not more.

958
00:49:42,360 --> 00:49:45,640
Speaker 2: And yes, maybe that sort of makes you harden because

959
00:49:45,640 --> 00:49:48,719
Speaker 2: of those experiences, but it makes me more determined to

960
00:49:48,719 --> 00:49:51,279
Speaker 2: succeed for our country because we do live in the

961
00:49:51,280 --> 00:49:53,239
Speaker 2: best country in the world, and we beat ourselves up

962
00:49:53,280 --> 00:49:56,279
Speaker 2: over it, and we're told at school now, our kids

963
00:49:56,280 --> 00:49:58,759
Speaker 2: are told, you know, be ashamed of our history and

964
00:49:59,600 --> 00:50:02,000
Speaker 2: our play in the world's not legitimate. And all of

965
00:50:02,040 --> 00:50:06,239
Speaker 2: these people who are teaching our kids that within the

966
00:50:06,440 --> 00:50:09,680
Speaker 2: education system, which is a small proportion of teachers, but

967
00:50:10,000 --> 00:50:12,960
Speaker 2: still the ones that we've sent out marching out on

968
00:50:13,000 --> 00:50:17,440
Speaker 2: the university campus is attacking Jewish kids, etc. And then

969
00:50:17,440 --> 00:50:19,719
Speaker 2: they're turning around and lecturing our kids, you know, in

970
00:50:19,760 --> 00:50:22,520
Speaker 2: a business course or something. It's a bit of a

971
00:50:22,520 --> 00:50:28,000
Speaker 2: screwed up world at the moment. But for me, not

972
00:50:28,040 --> 00:50:29,839
Speaker 2: that it's water for ducks back, because you know, you

973
00:50:29,880 --> 00:50:33,560
Speaker 2: do take the attacks and you're only human and all

974
00:50:33,600 --> 00:50:36,040
Speaker 2: of that, but it does mean to me, you know,

975
00:50:37,239 --> 00:50:40,239
Speaker 2: you know what it's worth fighting for because you want

976
00:50:40,280 --> 00:50:42,160
Speaker 2: to stand up and fight for what you believe in

977
00:50:42,160 --> 00:50:43,840
Speaker 2: and what is right. I don't need to tell lies

978
00:50:43,880 --> 00:50:48,040
Speaker 2: to achieve success at this election, and happy to run

979
00:50:48,040 --> 00:50:50,480
Speaker 2: on my track record. And yes, there is a huge

980
00:50:50,480 --> 00:50:53,040
Speaker 2: price that your family pays, and I'm really conscious of

981
00:50:53,080 --> 00:50:56,359
Speaker 2: that because my kids, my wife, you know, they haven't

982
00:50:56,360 --> 00:50:58,440
Speaker 2: put their name on the ballot paper, but they've got

983
00:50:58,480 --> 00:51:01,799
Speaker 2: the same surname as me, and they suffer, you know,

984
00:51:01,840 --> 00:51:06,239
Speaker 2: the attacks online. Harry, he's a second year chippy, came

985
00:51:06,280 --> 00:51:08,080
Speaker 2: with me on the campaign a couple of weeks ago

986
00:51:08,120 --> 00:51:11,680
Speaker 2: and you know, just gets bombarded with crap online. But

987
00:51:11,840 --> 00:51:15,839
Speaker 2: again he's stoic and resilient enough. And we're a tight

988
00:51:15,920 --> 00:51:20,400
Speaker 2: family unit where we've supported each other through everything. So

989
00:51:20,400 --> 00:51:24,719
Speaker 2: so they want you to succeed and and you know,

990
00:51:25,000 --> 00:51:28,040
Speaker 2: I'm really proud of what they've been able to put

991
00:51:28,120 --> 00:51:30,000
Speaker 2: up with as well. But it shouldn't it shouldn't be

992
00:51:30,040 --> 00:51:31,960
Speaker 2: the case, but it is, and that's the reality of it.

993
00:51:32,080 --> 00:51:36,480
Speaker 2: And I'm just I'm fortunate that they're you know, they're

994
00:51:36,480 --> 00:51:40,759
Speaker 2: strong characters. See them through it as well, and they're

995
00:51:40,760 --> 00:51:42,960
Speaker 2: proud of what I do. And they know the person

996
00:51:43,000 --> 00:51:44,799
Speaker 2: that I am, and they know the crap that they

997
00:51:44,880 --> 00:51:48,760
Speaker 2: read online is nothing like the person I am, and

998
00:51:48,760 --> 00:51:51,080
Speaker 2: and I think that makes them more passionate about making

999
00:51:51,160 --> 00:51:55,120
Speaker 2: sure that they help me to succeed because they know

1000
00:51:55,239 --> 00:51:57,920
Speaker 2: that the lies that are being told just don't equate

1001
00:51:57,960 --> 00:52:00,359
Speaker 2: with the dad that they know or the husband. I know.

1002
00:52:01,239 --> 00:52:01,760
Speaker 1: It's funny.

1003
00:52:01,920 --> 00:52:04,319
Speaker 3: I've got to know you a little bit, fortunate enough

1004
00:52:04,320 --> 00:52:06,479
Speaker 3: to have a dinner with you and my good friend

1005
00:52:06,560 --> 00:52:09,400
Speaker 3: David Coleman some time ago, and then I've had you

1006
00:52:09,440 --> 00:52:11,440
Speaker 3: in podcasts, and one of the great things about podcasts

1007
00:52:11,480 --> 00:52:13,759
Speaker 3: I get to know people without having to spend twenty

1008
00:52:13,840 --> 00:52:16,080
Speaker 3: years with them. But I get it on pretty quickly,

1009
00:52:16,200 --> 00:52:22,600
Speaker 3: and you come across as that quiet but sort of

1010
00:52:22,719 --> 00:52:25,719
Speaker 3: quite stoic, defender style person. You might not be the

1011
00:52:25,800 --> 00:52:32,800
Speaker 3: huge personality in smiling and you're not Hollywood, but.

1012
00:52:31,920 --> 00:52:36,279
Speaker 2: That's an understatement. But not the flashy, not the flashy guy,

1013
00:52:37,080 --> 00:52:38,200
Speaker 2: but but you are.

1014
00:52:39,600 --> 00:52:41,759
Speaker 1: There's a sense, it seems to me that there's in you.

1015
00:52:41,840 --> 00:52:44,399
Speaker 3: And maybe it could have been the reason you became

1016
00:52:44,400 --> 00:52:48,279
Speaker 3: a policeman perhaps, or you were you worked as a

1017
00:52:48,280 --> 00:52:54,080
Speaker 3: police person because you seem like you have a protective

1018
00:52:54,080 --> 00:52:57,400
Speaker 3: element around you, like you want to not protect us

1019
00:52:57,440 --> 00:53:00,799
Speaker 3: in a silly way, but you want to make sure

1020
00:53:00,840 --> 00:53:05,520
Speaker 3: that our rights are well observed. All of our rights

1021
00:53:05,560 --> 00:53:08,840
Speaker 3: well observed and manage, whether economic rights, whether they're personal rights.

1022
00:53:09,320 --> 00:53:11,920
Speaker 3: When you're a policeman out person rights. But now as

1023
00:53:11,960 --> 00:53:16,960
Speaker 3: a leader of a party, it's economic rights, personal rights, society,

1024
00:53:17,040 --> 00:53:18,960
Speaker 3: social rights, every other right.

1025
00:53:18,960 --> 00:53:19,879
Speaker 1: There's a stack of them.

1026
00:53:20,200 --> 00:53:21,719
Speaker 3: It seems to me that you have that as an

1027
00:53:21,800 --> 00:53:26,839
Speaker 3: underlying theme in your DNA and your personality, but not

1028
00:53:26,880 --> 00:53:30,040
Speaker 3: in a flashy way. It's just get the job done.

1029
00:53:30,160 --> 00:53:33,880
Speaker 2: I think that's right. It's sort of a right and

1030
00:53:33,920 --> 00:53:38,280
Speaker 2: wrong thing, and justice or not. I have a again,

1031
00:53:38,400 --> 00:53:40,919
Speaker 2: you know, sort of influenced by what you've seen in life.

1032
00:53:40,920 --> 00:53:44,000
Speaker 2: I worked in the sex offender squad as a detective

1033
00:53:44,000 --> 00:53:47,160
Speaker 2: for a period, and when you see young girls who

1034
00:53:47,200 --> 00:53:49,440
Speaker 2: have their lives destroyed, or you see them later in life,

1035
00:53:49,520 --> 00:53:52,200
Speaker 2: and maybe they didn't make a complaint about being sexually

1036
00:53:52,200 --> 00:53:54,920
Speaker 2: assaulted when they were twelve years of age, but you're

1037
00:53:54,920 --> 00:53:57,080
Speaker 2: now talking to them in they're thirty years of age,

1038
00:53:57,719 --> 00:54:00,279
Speaker 2: and I remember it clearly. In many of those is

1039
00:54:00,280 --> 00:54:05,200
Speaker 2: where they hadn't been able to form proper relationships, they

1040
00:54:05,960 --> 00:54:09,480
Speaker 2: changed their patterns of life of you going to the

1041
00:54:09,480 --> 00:54:11,920
Speaker 2: car a different way, or not going out of a

1042
00:54:12,000 --> 00:54:15,000
Speaker 2: night time. And I saw the impact on people in

1043
00:54:15,040 --> 00:54:18,319
Speaker 2: that way, and I a strong believer all of my

1044
00:54:18,360 --> 00:54:22,400
Speaker 2: life that, particularly for kids growing up, that you should

1045
00:54:22,400 --> 00:54:25,360
Speaker 2: be able to enjoy the sanctity of your childhood. You

1046
00:54:25,360 --> 00:54:29,400
Speaker 2: should be able to enjoy that freely and not to

1047
00:54:29,480 --> 00:54:37,120
Speaker 2: be encumbered with that, you know, that weight of having

1048
00:54:37,239 --> 00:54:40,799
Speaker 2: been poorly treated, and whether it's sexual assault or whether

1049
00:54:40,840 --> 00:54:43,200
Speaker 2: it's physical assault, or you know, just brought up in

1050
00:54:43,520 --> 00:54:47,839
Speaker 2: a very difficult circumstance. And so yeah, so that's sort

1051
00:54:47,880 --> 00:54:51,160
Speaker 2: of the moral compass for me, and similarly in life,

1052
00:54:51,440 --> 00:54:53,680
Speaker 2: it's probably part of the good part of the reason

1053
00:54:53,680 --> 00:54:55,400
Speaker 2: I joined the Liberal Party. My old man was a

1054
00:54:56,280 --> 00:54:58,839
Speaker 2: bricklayer builder and worked his guts out his whole life.

1055
00:54:58,880 --> 00:55:02,759
Speaker 2: And in those keeping years you'd spoke about before with

1056
00:55:02,760 --> 00:55:04,920
Speaker 2: the high interest rates. I mean, we'd sit around the

1057
00:55:05,000 --> 00:55:07,080
Speaker 2: kitchen table of a nighttime and I'll probably tell you

1058
00:55:07,080 --> 00:55:09,919
Speaker 2: the story before, but you know, I'd write out the checks,

1059
00:55:09,960 --> 00:55:11,880
Speaker 2: Mum and dad had sign them, and you write paid

1060
00:55:11,880 --> 00:55:13,839
Speaker 2: on the invoices and staple them to the statement and

1061
00:55:14,440 --> 00:55:17,680
Speaker 2: file them, et cetera. So the discussions around that kitchen

1062
00:55:17,680 --> 00:55:20,239
Speaker 2: table some months where you know, we don't have money,

1063
00:55:20,320 --> 00:55:22,920
Speaker 2: we don't have money to pay those bills or we

1064
00:55:23,000 --> 00:55:27,000
Speaker 2: don't have work over the coming weeks to you know,

1065
00:55:27,120 --> 00:55:30,400
Speaker 2: to bring money in. And Dad worked hard and so

1066
00:55:30,520 --> 00:55:34,000
Speaker 2: did mum, and they did well later in life when

1067
00:55:34,000 --> 00:55:36,200
Speaker 2: we were older, but only because of their hard work.

1068
00:55:37,000 --> 00:55:40,920
Speaker 2: And so for me, now you know, a guiding principle

1069
00:55:40,920 --> 00:55:44,640
Speaker 2: I suppose influenced by that time, was it kills me

1070
00:55:44,680 --> 00:55:47,239
Speaker 2: to see a small business person who's working seven days

1071
00:55:47,239 --> 00:55:49,360
Speaker 2: a week, going home doing book work of a nighttime

1072
00:55:50,000 --> 00:55:53,320
Speaker 2: and just being smashed. And thirty thousand small businesses have

1073
00:55:53,400 --> 00:55:55,759
Speaker 2: closed over the last three years. More small businesses have

1074
00:55:55,800 --> 00:55:59,120
Speaker 2: closed in our country under Anthony Albanisi in the last

1075
00:55:59,160 --> 00:56:02,520
Speaker 2: twelve months that any twelve month period in our country's history.

1076
00:56:02,880 --> 00:56:05,000
Speaker 2: And I just think it's completely unfair. So I want

1077
00:56:05,000 --> 00:56:07,600
Speaker 2: to do anything I can to help turn around the

1078
00:56:07,640 --> 00:56:10,879
Speaker 2: economy and to manage the economy well so that there

1079
00:56:10,920 --> 00:56:14,959
Speaker 2: can be a better environment where people can work hard

1080
00:56:14,960 --> 00:56:19,600
Speaker 2: and be rewarded for it. And it's a similar approach

1081
00:56:19,640 --> 00:56:21,400
Speaker 2: that we've taken in relation to the twenty five per

1082
00:56:21,360 --> 00:56:23,879
Speaker 2: cent a letter cut on fuel as we discussed, and

1083
00:56:24,280 --> 00:56:27,560
Speaker 2: the twelve hundred dollars back and then providing the change

1084
00:56:27,560 --> 00:56:30,680
Speaker 2: around the energy system. That's all in my mind designed

1085
00:56:30,760 --> 00:56:35,080
Speaker 2: to do the right thing and to provide a productive environment.

1086
00:56:35,239 --> 00:56:38,279
Speaker 2: And I've been heavily influenced by John Howard and my

1087
00:56:38,320 --> 00:56:42,640
Speaker 2: political life, and I think he adopted that same principled

1088
00:56:42,640 --> 00:56:46,240
Speaker 2: approach and that's what would guide me as Prime minister.

1089
00:56:47,760 --> 00:56:50,000
Speaker 3: Some of the things you talked about then gave me

1090
00:56:50,080 --> 00:56:52,960
Speaker 3: one word I can think of that sort of describes

1091
00:56:53,360 --> 00:56:57,720
Speaker 3: a lot of those things that you have a view against. Unfairness, yes,

1092
00:56:58,360 --> 00:57:00,920
Speaker 3: or the system should be as fair as posses, and

1093
00:57:01,000 --> 00:57:03,800
Speaker 3: that means in a broader sense for everybody, the broader community,

1094
00:57:04,200 --> 00:57:07,080
Speaker 3: but also in depth it should be really actually fair

1095
00:57:07,160 --> 00:57:10,319
Speaker 3: like it shouldn't be you shouldn't be able to rud

1096
00:57:10,320 --> 00:57:13,080
Speaker 3: it in other words, you know, And that's sort of

1097
00:57:13,120 --> 00:57:15,920
Speaker 3: not a principle that's always been associated with liberal although

1098
00:57:15,960 --> 00:57:18,080
Speaker 3: as you said, Howard was very much that type of person.

1099
00:57:18,560 --> 00:57:21,880
Speaker 1: It's more more a little bit more towards labor.

1100
00:57:22,280 --> 00:57:24,720
Speaker 3: Actually, you know, that's how they that's they're doing it originally,

1101
00:57:25,240 --> 00:57:26,600
Speaker 3: you know, because I grew up in the West suburb

1102
00:57:26,720 --> 00:57:30,520
Speaker 3: the Sydney where everyone voted for labor. But over time

1103
00:57:30,560 --> 00:57:32,280
Speaker 3: I think labor's lost its way. I don't think labor

1104
00:57:32,320 --> 00:57:33,680
Speaker 3: as the same Labor Party as it was when I

1105
00:57:33,720 --> 00:57:36,000
Speaker 3: was a kid, where they were looking after the working class.

1106
00:57:35,720 --> 00:57:36,880
Speaker 1: Or and working lives.

1107
00:57:36,920 --> 00:57:40,040
Speaker 3: I don't mean someone who's just earning a living just

1108
00:57:40,160 --> 00:57:41,800
Speaker 3: enough to get by. I'm to have people who work

1109
00:57:42,920 --> 00:57:44,280
Speaker 3: to earn the money I have to actually go to

1110
00:57:44,320 --> 00:57:46,840
Speaker 3: work and works. Working class is someone who goes to work.

1111
00:57:47,400 --> 00:57:50,400
Speaker 3: I consider myself still working class. I might have assets,

1112
00:57:50,640 --> 00:57:52,600
Speaker 3: but I go to work every day and I still work.

1113
00:57:53,280 --> 00:58:00,920
Speaker 3: And working class has lost a lot of respect and

1114
00:58:01,000 --> 00:58:04,919
Speaker 3: fairness and everybody, whether you're someone with a three million

1115
00:58:04,960 --> 00:58:08,760
Speaker 3: dollars of assets in your superannuation fund which you worked

1116
00:58:09,040 --> 00:58:11,760
Speaker 3: your whole life as part of the working class to accumulate,

1117
00:58:12,160 --> 00:58:14,240
Speaker 3: it is unfair that you have to pay tax on

1118
00:58:14,280 --> 00:58:16,560
Speaker 3: that at a higher rate than it was originally envisaged

1119
00:58:16,560 --> 00:58:20,680
Speaker 3: when they first seduced you into putting money.

1120
00:58:20,400 --> 00:58:22,800
Speaker 2: Into subites which you can't take out.

1121
00:58:22,840 --> 00:58:25,600
Speaker 1: You can't take out, so it's unfair.

1122
00:58:26,280 --> 00:58:30,720
Speaker 3: So sort of that theme of unfairness is that something

1123
00:58:30,720 --> 00:58:33,280
Speaker 3: and as you're the boss of the party, is that

1124
00:58:33,400 --> 00:58:37,320
Speaker 3: something you look for in terms of all your party members?

1125
00:58:37,440 --> 00:58:40,960
Speaker 3: You want to have that sense of fairness for all

1126
00:58:40,960 --> 00:58:45,160
Speaker 3: Australian citizens, whether it's being safe walking home from school

1127
00:58:45,480 --> 00:58:49,600
Speaker 3: to your home, young girl, young boy, Whether it's being

1128
00:58:49,640 --> 00:58:55,400
Speaker 3: concerned about someone sort of you know, lobbying a missile

1129
00:58:55,440 --> 00:58:58,240
Speaker 3: over the country and in relation to our borders. Whether

1130
00:58:58,240 --> 00:59:00,200
Speaker 3: it's amount of money we pay for our own gas

1131
00:59:00,640 --> 00:59:03,919
Speaker 3: which is crazy. Whether it's the interest rate you're paying

1132
00:59:03,920 --> 00:59:06,120
Speaker 3: your mortgage after you were encouraged to go and borrow

1133
00:59:06,120 --> 00:59:09,160
Speaker 3: as much mon as I possibly could during COVID. And

1134
00:59:09,320 --> 00:59:12,560
Speaker 3: you know when issues are extraordinarily though now it's extraordinarily high.

1135
00:59:13,000 --> 00:59:16,240
Speaker 3: Is that that on fairness something that perhaps you guys

1136
00:59:16,520 --> 00:59:19,520
Speaker 3: stand for it? It looks like it's nearly a new

1137
00:59:19,560 --> 00:59:22,480
Speaker 3: position for the Liberal Party under your leadership, and it.

1138
00:59:22,400 --> 00:59:23,400
Speaker 1: Goes back to the howadays.

1139
00:59:23,440 --> 00:59:25,479
Speaker 2: No, I agree with that, and I made the point

1140
00:59:25,480 --> 00:59:27,640
Speaker 2: when I came into the leadership of the party that

1141
00:59:27,680 --> 00:59:29,760
Speaker 2: I didn't see us as the party of big business

1142
00:59:30,240 --> 00:59:32,280
Speaker 2: any longer. Coals and wallies and others can take care

1143
00:59:32,280 --> 00:59:35,360
Speaker 2: of themselves. Our task, I think as a Liberal party

1144
00:59:35,400 --> 00:59:38,200
Speaker 2: is to take care of the small business person. And

1145
00:59:39,280 --> 00:59:43,320
Speaker 2: you know, the mum who's working part time at home

1146
00:59:43,960 --> 00:59:46,960
Speaker 2: in a micro business, in a back bedroom or in

1147
00:59:46,960 --> 00:59:51,200
Speaker 2: a garage, and that business, you know, the aspiration is

1148
00:59:51,200 --> 00:59:53,640
Speaker 2: to take that business to be listed one day, Or

1149
00:59:54,000 --> 00:59:57,680
Speaker 2: how do we help the cafe owner who wants to

1150
00:59:57,680 --> 01:00:00,640
Speaker 2: buy a second cafe, Or how how do we help

1151
01:00:00,720 --> 01:00:06,840
Speaker 2: the person who's worked really hard, sacrificed border rental property,

1152
01:00:07,440 --> 01:00:09,400
Speaker 2: has three kids once to end up with three rental

1153
01:00:09,400 --> 01:00:11,560
Speaker 2: properties so that they can leave one to each of

1154
01:00:11,600 --> 01:00:13,600
Speaker 2: their kids, or to their grandkids, whatever it might be.

1155
01:00:14,480 --> 01:00:17,040
Speaker 2: It is that fairness. As immigration minister. You know, I

1156
01:00:17,080 --> 01:00:19,800
Speaker 2: get a bad rap sometimes about being too hard as

1157
01:00:19,840 --> 01:00:22,080
Speaker 2: immigration minister. But the approach that I took there was

1158
01:00:22,080 --> 01:00:25,560
Speaker 2: that I canceled about six thousand visas of people who

1159
01:00:25,600 --> 01:00:28,640
Speaker 2: were here as non citizens who had committed rape and

1160
01:00:29,040 --> 01:00:33,760
Speaker 2: pedophilia and had been involved in biker gangs and distributing drugs,

1161
01:00:34,320 --> 01:00:39,320
Speaker 2: and I allowed in twelve thousand Yezdi women, for example,

1162
01:00:39,320 --> 01:00:42,000
Speaker 2: who are being slaughtered by Isis and iol. They've become

1163
01:00:42,080 --> 01:00:45,320
Speaker 2: amazing Australians. And for me, that was how the migration

1164
01:00:45,440 --> 01:00:48,240
Speaker 2: system should work. You should say to people who were

1165
01:00:48,960 --> 01:00:53,800
Speaker 2: taking the piss frankly, that you're not here to commit

1166
01:00:53,840 --> 01:00:56,160
Speaker 2: crimes against Australian citizens. And if you do that, out

1167
01:00:56,200 --> 01:00:59,280
Speaker 2: you go. But we bring in good people and in

1168
01:00:59,320 --> 01:01:02,440
Speaker 2: my mind that is about fairness. And I think to

1169
01:01:02,480 --> 01:01:04,400
Speaker 2: the point you made before that the Labor Party at

1170
01:01:04,400 --> 01:01:06,800
Speaker 2: the moment under this Prime Minister, given that he's so

1171
01:01:06,920 --> 01:01:09,320
Speaker 2: far left, is to how do you please inner city

1172
01:01:09,360 --> 01:01:12,120
Speaker 2: green voters in Sydney and Melbourne, And they've forgotten about

1173
01:01:12,120 --> 01:01:13,880
Speaker 2: people in the suburbs. And that's why at this election

1174
01:01:14,320 --> 01:01:16,440
Speaker 2: I think there's a big move going on in the

1175
01:01:16,440 --> 01:01:20,720
Speaker 2: out of metro areas, in regional areas where people feel forgotten.

1176
01:01:20,800 --> 01:01:23,120
Speaker 2: And it also bleeds into the housing debate as well

1177
01:01:23,160 --> 01:01:25,840
Speaker 2: because one of the things that and again it is

1178
01:01:25,840 --> 01:01:28,840
Speaker 2: a fairness thing, I feel a guilt that our generation

1179
01:01:29,640 --> 01:01:31,880
Speaker 2: had to work hard and save but got into housing.

1180
01:01:32,240 --> 01:01:35,320
Speaker 2: Housing was much cheaper, interest rates were much higher, as

1181
01:01:35,320 --> 01:01:38,360
Speaker 2: you pointed out, you know, depending on when you were born.

1182
01:01:38,400 --> 01:01:43,080
Speaker 2: But I want young Australians to get into housing and

1183
01:01:43,280 --> 01:01:45,680
Speaker 2: I want them to be able to climb that property

1184
01:01:45,720 --> 01:01:52,360
Speaker 2: ladder and renovator house, or build an extension and sell

1185
01:01:52,400 --> 01:01:54,440
Speaker 2: that house for a profit down the line, or use

1186
01:01:54,520 --> 01:01:58,160
Speaker 2: the house as an asset to start a small business

1187
01:01:58,320 --> 01:02:01,360
Speaker 2: and get a loan from the bank. And we're locking

1188
01:02:01,400 --> 01:02:02,600
Speaker 2: people out of housing at the moment.

1189
01:02:02,680 --> 01:02:04,080
Speaker 1: A big part of that is that's unfair.

1190
01:02:04,120 --> 01:02:07,080
Speaker 2: Well, it's completely unfair and it's actually I think it

1191
01:02:07,160 --> 01:02:10,880
Speaker 2: generates over time a lot of resentment between homeowners and

1192
01:02:10,960 --> 01:02:15,640
Speaker 2: Novision absolutely and the government. The Prime Minister's happy for

1193
01:02:15,640 --> 01:02:17,720
Speaker 2: people to rent for life, right, because that's what happens

1194
01:02:17,720 --> 01:02:20,840
Speaker 2: in parts of Europe and in parts of the United States.

1195
01:02:20,880 --> 01:02:24,440
Speaker 2: And unless you are left a home by a family

1196
01:02:25,320 --> 01:02:27,640
Speaker 2: in parts of Europe, you've really got a buggerall chance

1197
01:02:27,680 --> 01:02:30,080
Speaker 2: of home ownership. And I don't want that for our country.

1198
01:02:30,080 --> 01:02:32,320
Speaker 2: I want people to have a choice, and I want

1199
01:02:32,360 --> 01:02:35,440
Speaker 2: them to have stability, because if they buy a house,

1200
01:02:36,120 --> 01:02:40,680
Speaker 2: it gives them a stable environment, and they don't you

1201
01:02:40,720 --> 01:02:42,400
Speaker 2: know that, I'm not a prospect of being kicked out.

1202
01:02:42,440 --> 01:02:46,240
Speaker 2: If they're they're tenants. They'll start a family then, and

1203
01:02:46,320 --> 01:02:49,040
Speaker 2: they'll start a small business if that's their choice, or

1204
01:02:49,520 --> 01:02:52,960
Speaker 2: they'll use the increased value in the house to then

1205
01:02:53,040 --> 01:02:58,280
Speaker 2: buy some shares and secure their margin loan, or to

1206
01:02:58,320 --> 01:03:01,560
Speaker 2: purchase another property or whatever it might be. It gives

1207
01:03:01,560 --> 01:03:03,520
Speaker 2: them choices, and if they've paid the house off by

1208
01:03:03,560 --> 01:03:06,680
Speaker 2: the time they've retired or their mortgage has been paid down,

1209
01:03:07,000 --> 01:03:09,160
Speaker 2: it gives them the sort of retirement that we spoke

1210
01:03:09,200 --> 01:03:12,280
Speaker 2: about before, where they've got dignity after having worked all

1211
01:03:12,320 --> 01:03:15,680
Speaker 2: of their lives. It gives them options to travel and

1212
01:03:16,080 --> 01:03:18,800
Speaker 2: maybe help their kids or grand kids out if they're

1213
01:03:18,840 --> 01:03:21,480
Speaker 2: in need. And the governments bought in a million people

1214
01:03:21,480 --> 01:03:24,160
Speaker 2: over the last two years, which is a seventy percent

1215
01:03:24,200 --> 01:03:26,960
Speaker 2: increase on any two year period in our country's history.

1216
01:03:27,240 --> 01:03:31,360
Speaker 2: So we've just flooded the market with buyers for homes,

1217
01:03:31,400 --> 01:03:33,200
Speaker 2: and of course all of those people want a house

1218
01:03:33,200 --> 01:03:36,320
Speaker 2: for their kids and their grandkids, and they're locking Ozzie

1219
01:03:36,360 --> 01:03:37,919
Speaker 2: kids out of housing at the moment, and that's why

1220
01:03:37,920 --> 01:03:40,480
Speaker 2: we're saying that we want to cut migration for two

1221
01:03:40,560 --> 01:03:44,160
Speaker 2: years until we can get on top of the housing problem.

1222
01:03:44,480 --> 01:03:47,680
Speaker 2: We've also said that for interest on the first six

1223
01:03:47,720 --> 01:03:50,800
Speaker 2: hundred and fifty thousand dollars dollars of your mortgage Japan,

1224
01:03:50,840 --> 01:03:53,360
Speaker 2: your own correct correct that that becomes a tax deduction

1225
01:03:53,440 --> 01:03:55,920
Speaker 2: for first time buyers for the first five years, and

1226
01:03:55,920 --> 01:04:01,080
Speaker 2: that'll help average way journals around about one thousand dollars

1227
01:04:01,640 --> 01:04:03,760
Speaker 2: a month. So it helps with your application to the

1228
01:04:03,800 --> 01:04:06,400
Speaker 2: bank because you can service your loan, and it also

1229
01:04:06,440 --> 01:04:08,960
Speaker 2: helps you service the liane when you take the mortgage

1230
01:04:08,960 --> 01:04:12,840
Speaker 2: out after you've settle a property, and it takes just

1231
01:04:12,880 --> 01:04:15,920
Speaker 2: a bit of pressure out it also increases supply because

1232
01:04:16,240 --> 01:04:19,120
Speaker 2: it's only for new homes, and that will drive the

1233
01:04:19,880 --> 01:04:22,560
Speaker 2: market to build more homes to meet that demand. And

1234
01:04:22,600 --> 01:04:24,680
Speaker 2: we put five billion dollars in on the supply side

1235
01:04:24,680 --> 01:04:27,760
Speaker 2: to create five hundred thousand new homes so that we

1236
01:04:27,800 --> 01:04:30,919
Speaker 2: can bring more houses into the market, so that we're

1237
01:04:30,920 --> 01:04:34,440
Speaker 2: not just increasing demand for houses as labor has done

1238
01:04:34,440 --> 01:04:37,120
Speaker 2: over the last couple of years. So, if I think

1239
01:04:37,120 --> 01:04:42,000
Speaker 2: about it, the principle behind that is about equity and

1240
01:04:42,040 --> 01:04:46,080
Speaker 2: fairness and allowing people the opportunity and the option if

1241
01:04:46,080 --> 01:04:48,280
Speaker 2: they choose not to buy a house. Fantastic, but I

1242
01:04:48,320 --> 01:04:50,640
Speaker 2: don't want people to be locked out of housing as

1243
01:04:50,640 --> 01:04:51,440
Speaker 2: they are at the moment.

1244
01:04:52,040 --> 01:04:52,880
Speaker 1: It's funny.

1245
01:04:54,520 --> 01:04:58,560
Speaker 3: The liberal party of the coalition becoming the party of fairness.

1246
01:04:58,680 --> 01:05:01,840
Speaker 3: I mean, who would have thought that labor would abandon

1247
01:05:02,880 --> 01:05:08,040
Speaker 3: that position and that liberal would move into that position.

1248
01:05:09,160 --> 01:05:09,920
Speaker 1: Who would have thought?

1249
01:05:09,960 --> 01:05:13,320
Speaker 3: And I know, there's nothing no one's really talked about this,

1250
01:05:13,400 --> 01:05:15,120
Speaker 3: but you know, because it's been a bit of a

1251
01:05:15,120 --> 01:05:20,200
Speaker 3: personal attack on you most of the narrative, unfortunately, and

1252
01:05:20,240 --> 01:05:22,600
Speaker 3: no one's really had an opportunity to sort of dig

1253
01:05:22,600 --> 01:05:26,160
Speaker 3: into Peter Dart as to what drives him and actually

1254
01:05:26,160 --> 01:05:28,919
Speaker 3: that's I think that's the one word that comes out

1255
01:05:28,960 --> 01:05:32,360
Speaker 3: of talking to you. You're not flashy, you're not bitter

1256
01:05:32,400 --> 01:05:38,400
Speaker 3: flash you know, you're not Hollywood, you're not you know, Polish,

1257
01:05:38,440 --> 01:05:40,560
Speaker 3: and that you haven't been through two or three election cycles,

1258
01:05:40,600 --> 01:05:43,440
Speaker 3: you haven't been the prime minister. You know you're sort

1259
01:05:43,440 --> 01:05:46,760
Speaker 3: of new to the show in that regard. But at

1260
01:05:46,800 --> 01:05:49,200
Speaker 3: the end of the day, that whole concept of fairness

1261
01:05:49,280 --> 01:05:53,320
Speaker 3: is a pretty critical one for every cohort of voter.

1262
01:05:53,840 --> 01:05:56,920
Speaker 3: If you're twenty to thirty, you want a fair guy.

1263
01:05:57,160 --> 01:05:57,480
Speaker 2: Yes.

1264
01:05:57,840 --> 01:05:59,440
Speaker 3: If you're thirty to forty, you want a fair go

1265
01:05:59,560 --> 01:06:02,080
Speaker 3: forty if you and it goes on. There is not

1266
01:06:02,240 --> 01:06:05,520
Speaker 3: one category that doesn't want a fair shot at it.

1267
01:06:05,640 --> 01:06:07,440
Speaker 3: And it doesn't matter what it is they want to achieve,

1268
01:06:07,400 --> 01:06:08,680
Speaker 3: whether they want to have a small business, they don't

1269
01:06:08,680 --> 01:06:10,439
Speaker 3: want have a small business, they want to travel, where

1270
01:06:10,440 --> 01:06:12,080
Speaker 3: they want to pay less tax, where they want to

1271
01:06:12,120 --> 01:06:14,920
Speaker 3: earn more money, they want to work three jobs. Fairness

1272
01:06:14,920 --> 01:06:20,480
Speaker 3: cuts across every category in every single cohort. And I

1273
01:06:20,600 --> 01:06:23,560
Speaker 3: think I think that's I'm glad we talked about it.

1274
01:06:23,560 --> 01:06:25,080
Speaker 3: I'm glad I had an opportunity talk to a second

1275
01:06:25,080 --> 01:06:27,200
Speaker 3: time because I didn't really get that the first time,

1276
01:06:27,840 --> 01:06:28,600
Speaker 3: but the second time.

1277
01:06:28,640 --> 01:06:30,840
Speaker 1: The more you talk, the more I'm getting that out

1278
01:06:30,840 --> 01:06:31,040
Speaker 1: of you.

1279
01:06:31,320 --> 01:06:34,200
Speaker 3: I think it's important. I think we should just cover

1280
01:06:34,240 --> 01:06:36,960
Speaker 3: this off, Petter, if you don't mind. The narrative right

1281
01:06:36,960 --> 01:06:40,360
Speaker 3: now is Labor are going to win. There's no point

1282
01:06:40,440 --> 01:06:43,160
Speaker 3: even turning up put your vote in. There's going to

1283
01:06:43,200 --> 01:06:45,560
Speaker 3: be a you know, a Green's Labor sort of coalition,

1284
01:06:45,840 --> 01:06:50,320
Speaker 3: let's call it that after the election on Saturday. But

1285
01:06:50,840 --> 01:06:53,200
Speaker 3: that's the and the polls, the national polls in Inmo

1286
01:06:53,280 --> 01:06:55,920
Speaker 3: indicating that. But what are you seeing when you go

1287
01:06:55,960 --> 01:07:00,960
Speaker 3: to the the various electorates. You see something different, A.

1288
01:07:00,960 --> 01:07:03,800
Speaker 2: Very different picture on the ground really is. And I

1289
01:07:03,800 --> 01:07:07,600
Speaker 2: think you'll see this turning up in the papers over

1290
01:07:07,640 --> 01:07:11,280
Speaker 2: the next few days because Labors started to retreat back

1291
01:07:11,320 --> 01:07:13,280
Speaker 2: to defending some of their seats that are at risk,

1292
01:07:13,720 --> 01:07:15,400
Speaker 2: and there are a number of particularly in Victoria, in

1293
01:07:15,400 --> 01:07:19,120
Speaker 2: New South Wales, in WA and even in Queensland now

1294
01:07:19,160 --> 01:07:21,959
Speaker 2: as well. So you watch where the Prime Minister visits

1295
01:07:21,960 --> 01:07:24,840
Speaker 2: seats over the next few days. They're defending seats. The

1296
01:07:24,880 --> 01:07:28,080
Speaker 2: feedback from our marginal seat campaigners and people who have

1297
01:07:28,160 --> 01:07:30,560
Speaker 2: been around the block a few times through a few

1298
01:07:30,600 --> 01:07:33,360
Speaker 2: elections is that the mood at pre polling has been

1299
01:07:33,440 --> 01:07:36,040
Speaker 2: much more positive than it was at the twenty twenty

1300
01:07:36,080 --> 01:07:39,640
Speaker 2: two election. Remember what happened in twenty nineteen. The book

1301
01:07:39,720 --> 01:07:42,120
Speaker 2: is paid out on Bill Shorten to be the Prime

1302
01:07:42,160 --> 01:07:46,720
Speaker 2: Minister before election day on a Friday, and he ended

1303
01:07:46,760 --> 01:07:49,360
Speaker 2: up even though the national polls were showing that he

1304
01:07:49,400 --> 01:07:53,440
Speaker 2: would win, he ended up losing and the Coalition won

1305
01:07:53,440 --> 01:07:54,360
Speaker 2: that election, and.

1306
01:07:54,480 --> 01:07:56,560
Speaker 1: It was a big part of the loss.

1307
01:07:56,640 --> 01:08:00,800
Speaker 3: Well, of course you talk about native gearing, Cabrigaine, Saxon,

1308
01:08:00,840 --> 01:08:02,280
Speaker 3: Frankin credits going exactly.

1309
01:08:02,520 --> 01:08:05,320
Speaker 2: And this again like this is a long term This

1310
01:08:05,400 --> 01:08:07,080
Speaker 2: is a long held view of the Labor Party in

1311
01:08:07,120 --> 01:08:10,400
Speaker 2: relation to negative gearing and capital gains tax discount, et cetera.

1312
01:08:10,520 --> 01:08:14,200
Speaker 2: They see it as the rich getting a benefit off renters.

1313
01:08:14,640 --> 01:08:17,160
Speaker 2: It's the same reason they've got contempt for small business

1314
01:08:17,160 --> 01:08:22,000
Speaker 2: people or for employers. They've got a militant union thinking

1315
01:08:22,040 --> 01:08:24,559
Speaker 2: that you employ people and you're there to exploit them,

1316
01:08:24,600 --> 01:08:27,280
Speaker 2: not that you're there employing people and you're giving them

1317
01:08:27,360 --> 01:08:29,160
Speaker 2: a wage which is helping them put their kids through

1318
01:08:29,160 --> 01:08:34,080
Speaker 2: school and payoff payoff their mortgage, and you're taking care

1319
01:08:34,120 --> 01:08:38,280
Speaker 2: of your employees, which is the case for most employers,

1320
01:08:38,600 --> 01:08:41,200
Speaker 2: that's the thinking. So in some of those seats now

1321
01:08:41,840 --> 01:08:43,240
Speaker 2: and I think you'll see this play out over the

1322
01:08:43,280 --> 01:08:46,400
Speaker 2: next few days. There is a change in sentiment and

1323
01:08:46,439 --> 01:08:49,120
Speaker 2: there is a momentum that's coming back to the Liberal

1324
01:08:49,120 --> 01:08:51,400
Speaker 2: Party over the course of the last four or five days,

1325
01:08:51,880 --> 01:08:53,719
Speaker 2: and it comes up in the seat by seat poling,

1326
01:08:53,760 --> 01:08:56,559
Speaker 2: which the national polling doesn't pick up because you've got

1327
01:08:56,800 --> 01:09:01,400
Speaker 2: a really popular local member who's sitting and has really

1328
01:09:01,520 --> 01:09:03,639
Speaker 2: worked hard. In the next seat, you've got somebody who

1329
01:09:04,040 --> 01:09:06,120
Speaker 2: has just been lazy, hasn't worked hard, and you've got

1330
01:09:06,160 --> 01:09:09,160
Speaker 2: a candidate, a Liberal candidate who's door knocked ten thousand

1331
01:09:09,240 --> 01:09:11,920
Speaker 2: homes and they've got a real following. And so when

1332
01:09:11,960 --> 01:09:14,160
Speaker 2: you look at its seat by seat, there is a

1333
01:09:14,160 --> 01:09:18,120
Speaker 2: pathway to victory for us by Saturday night. And I

1334
01:09:18,160 --> 01:09:20,599
Speaker 2: honestly believe that that's where it's tracking, that's where it's trending.

1335
01:09:21,200 --> 01:09:25,880
Speaker 2: And there's also there's also the question people have to ask,

1336
01:09:25,920 --> 01:09:28,880
Speaker 2: and you know this has been asked at elections and

1337
01:09:28,960 --> 01:09:31,720
Speaker 2: been a famous campaign theme over a long period of

1338
01:09:31,720 --> 01:09:34,160
Speaker 2: time here and other parts of the world. Are you

1339
01:09:34,240 --> 01:09:36,600
Speaker 2: better off today than you're worth three years ago? I

1340
01:09:36,600 --> 01:09:38,599
Speaker 2: don't know any Australian that I've met over the course

1341
01:09:38,600 --> 01:09:42,360
Speaker 2: of this campaign who says thumbs up. Absolutely. In fact,

1342
01:09:42,360 --> 01:09:44,720
Speaker 2: the opposite people to say, look, it's really tough and

1343
01:09:44,760 --> 01:09:50,479
Speaker 2: we've gone backwards. Everything's gone up, and everything will go

1344
01:09:50,640 --> 01:09:53,000
Speaker 2: up even further if there's another three years of labor

1345
01:09:53,040 --> 01:09:57,240
Speaker 2: and particularly if they're in in coherites with the Greens

1346
01:09:57,280 --> 01:10:00,000
Speaker 2: as well. And I don't want that for our country.

1347
01:10:00,240 --> 01:10:03,160
Speaker 2: I want a better way forward. We are better economic managers.

1348
01:10:03,200 --> 01:10:06,759
Speaker 2: We have the ability to manage money and to spend

1349
01:10:06,760 --> 01:10:10,080
Speaker 2: it wisely to bring pressure down on inflation, so we

1350
01:10:10,120 --> 01:10:12,000
Speaker 2: can bring interest rates. If we can bring interest rates

1351
01:10:12,000 --> 01:10:15,360
Speaker 2: down by a couple of percent, that will create a

1352
01:10:15,360 --> 01:10:19,400
Speaker 2: lot of headroom for families pretty quickly. But if labor

1353
01:10:19,439 --> 01:10:21,799
Speaker 2: spends money like they've spent over the last couple of years,

1354
01:10:22,479 --> 01:10:25,599
Speaker 2: particularly with the Greens urging them on, then that will

1355
01:10:25,640 --> 01:10:28,200
Speaker 2: see inflation stay higher for longer. And even if interest

1356
01:10:28,240 --> 01:10:32,599
Speaker 2: rates stay high without going up compared to what they

1357
01:10:32,600 --> 01:10:35,400
Speaker 2: could come down under a liberal government, then that's going

1358
01:10:35,439 --> 01:10:37,000
Speaker 2: to really put a lot of families to the wall.

1359
01:10:37,000 --> 01:10:40,320
Speaker 2: I was talking to a yesterday up in Robertson, where

1360
01:10:40,320 --> 01:10:42,559
Speaker 2: the Lucy Wicks is running for us. He's going to

1361
01:10:42,600 --> 01:10:44,400
Speaker 2: mate of his who didn't want to speak to us.

1362
01:10:44,400 --> 01:10:47,639
Speaker 2: But one of these stories conveyed, he reckons he's twenty

1363
01:10:47,680 --> 01:10:50,639
Speaker 2: five points zero point two five one percent away from

1364
01:10:51,160 --> 01:10:52,960
Speaker 2: losing his house. If they go up by another twenty

1365
01:10:52,960 --> 01:10:56,200
Speaker 2: five points, he's done and he just won't be able

1366
01:10:56,200 --> 01:10:58,320
Speaker 2: to meet the repayments. And I have to hand you know,

1367
01:10:58,360 --> 01:11:02,320
Speaker 2: they'll sell the house. And that I think is a

1368
01:11:02,320 --> 01:11:06,479
Speaker 2: more common story than what the bookies and others are

1369
01:11:06,479 --> 01:11:08,760
Speaker 2: picking up at the moment. And I think a lot

1370
01:11:08,800 --> 01:11:11,519
Speaker 2: of those people say, you know what, I may not

1371
01:11:11,840 --> 01:11:14,200
Speaker 2: like every part of the Liberals policy, or I may

1372
01:11:14,200 --> 01:11:16,719
Speaker 2: not like Peter Dutton for this reason or that reason,

1373
01:11:16,760 --> 01:11:19,000
Speaker 2: but I know that he'll be a strong leader, and

1374
01:11:19,040 --> 01:11:22,519
Speaker 2: I know that he's got the business experience and the

1375
01:11:22,640 --> 01:11:25,920
Speaker 2: experience in the defense portfolio and the health portfolio and

1376
01:11:25,920 --> 01:11:29,599
Speaker 2: the immigration portfolio and home affairs to make the decisions

1377
01:11:29,640 --> 01:11:31,719
Speaker 2: that need to be made for our country, to fix

1378
01:11:31,760 --> 01:11:34,640
Speaker 2: the economy and get inflation down and help address the

1379
01:11:34,640 --> 01:11:37,200
Speaker 2: cost of living standards, and also to keep us safe.

1380
01:11:37,200 --> 01:11:39,240
Speaker 2: We live in a very uncertain time and we have

1381
01:11:39,320 --> 01:11:42,679
Speaker 2: to invest in defense and also into protecting our borders.

1382
01:11:42,680 --> 01:11:45,040
Speaker 2: So I've been really big on this. Over the course

1383
01:11:45,040 --> 01:11:47,719
Speaker 2: of the campaign, we've announced a seven hundred and fifty

1384
01:11:47,720 --> 01:11:52,080
Speaker 2: million dollar plan to set up task forces to crush

1385
01:11:52,120 --> 01:11:54,920
Speaker 2: the biker gangs and other gangs who are involved in

1386
01:11:55,880 --> 01:11:59,240
Speaker 2: the tobacco wars and the illicit tobacco, the gangs who

1387
01:11:59,280 --> 01:12:01,280
Speaker 2: are buying the car off kids who steal them out

1388
01:12:01,280 --> 01:12:04,840
Speaker 2: of your house, and the kids who are buying drugs

1389
01:12:04,840 --> 01:12:07,479
Speaker 2: off the bikes to and to fuel that, to pay

1390
01:12:07,520 --> 01:12:10,840
Speaker 2: for that, to pay for that drug habit, they're breaking

1391
01:12:10,840 --> 01:12:14,320
Speaker 2: into your house. So I'm going to reduce crime across

1392
01:12:14,520 --> 01:12:17,679
Speaker 2: communities as well as keeping us safe in the regions,

1393
01:12:17,720 --> 01:12:19,679
Speaker 2: and we've got the ability to be able to do that.

1394
01:12:20,080 --> 01:12:26,040
Speaker 3: It's interesting you you mentioned hardworking liberal members in some

1395
01:12:26,120 --> 01:12:29,679
Speaker 3: of the various electors you've been visiting, and I medally

1396
01:12:29,720 --> 01:12:34,599
Speaker 3: thought of three. I thought of first off, I thought

1397
01:12:34,600 --> 01:12:38,080
Speaker 3: I was Gott Young, Scott Young in the city of

1398
01:12:38,080 --> 01:12:40,439
Speaker 3: ben Long. I mean, my god like the guy, and

1399
01:12:40,479 --> 01:12:41,880
Speaker 3: I did have him on the show, but he did

1400
01:12:41,880 --> 01:12:43,679
Speaker 3: work for many years ago. But that's your realment.

1401
01:12:43,840 --> 01:12:44,240
Speaker 1: I got him.

1402
01:12:44,760 --> 01:12:49,360
Speaker 3: I wanted to highlight how the type person is, even

1403
01:12:49,400 --> 01:12:53,759
Speaker 3: though he's been sort of harangued as a Chinese whatever

1404
01:12:53,800 --> 01:12:55,439
Speaker 3: he's more ousy than anybody.

1405
01:12:55,479 --> 01:12:57,000
Speaker 2: That great blow.

1406
01:12:57,600 --> 01:12:59,800
Speaker 3: But the guy when he was working for me, he

1407
01:12:59,920 --> 01:13:03,240
Speaker 3: was ridiculously had he probably would have been the longest hour,

1408
01:13:03,560 --> 01:13:05,880
Speaker 3: spent the most hours working my organization of any other

1409
01:13:05,920 --> 01:13:09,360
Speaker 3: person of his equivalents in our organization. And he's doing

1410
01:13:09,400 --> 01:13:15,200
Speaker 3: that right now in his electric Roeknox who was on

1411
01:13:15,280 --> 01:13:21,000
Speaker 3: here today and rose incredibly talented and unbelievably bloody hard worker.

1412
01:13:21,439 --> 01:13:23,960
Speaker 3: And you mentioned Andrew Constance, who's always been a favorite

1413
01:13:23,960 --> 01:13:28,760
Speaker 3: of mine. Andrew's incredibly hard working guy like and supremely

1414
01:13:28,880 --> 01:13:34,439
Speaker 3: decent and good, like really good, high good values like.

1415
01:13:35,160 --> 01:13:37,400
Speaker 3: I mean for those sort of people to be in

1416
01:13:37,439 --> 01:13:40,000
Speaker 3: government for me anyway. And I don't know the other

1417
01:13:40,120 --> 01:13:42,519
Speaker 3: people who are going against. I'm not having a crack

1418
01:13:42,520 --> 01:13:44,240
Speaker 3: at the people are going against. I'm just talking about

1419
01:13:44,240 --> 01:13:48,479
Speaker 3: those individuals. Yeah, three Liberals got it. But there's three

1420
01:13:48,520 --> 01:13:51,479
Speaker 3: people I know and I can say genuinely say I've

1421
01:13:51,520 --> 01:13:54,640
Speaker 3: known him for a long time. They are brilliant and

1422
01:13:54,880 --> 01:13:59,120
Speaker 3: hard working. I mean, Australia is about hard work, and

1423
01:13:59,160 --> 01:14:02,120
Speaker 3: you work hard and get paid well and you pay

1424
01:14:02,160 --> 01:14:04,960
Speaker 3: some tax, but you shouldn't get penalized for your hard work.

1425
01:14:05,600 --> 01:14:09,200
Speaker 3: And that's part of our DNA and that's fair, that's fairness,

1426
01:14:09,760 --> 01:14:14,160
Speaker 3: and that's those three people are exactly I mean David

1427
01:14:14,160 --> 01:14:17,320
Speaker 3: com is another good example. But they're exactly the types

1428
01:14:17,360 --> 01:14:19,439
Speaker 3: of people we want, we want. I would I see

1429
01:14:19,520 --> 01:14:21,320
Speaker 3: government and they're in your team.

1430
01:14:22,160 --> 01:14:23,760
Speaker 2: I'm so proud to have them in my team. And

1431
01:14:24,240 --> 01:14:26,240
Speaker 2: there are many more. But you look at somebody like

1432
01:14:26,280 --> 01:14:31,040
Speaker 2: Scott Mum started with nothing, great migrant story again, just

1433
01:14:31,080 --> 01:14:35,439
Speaker 2: worked hard, has built himself up. Would be like he's

1434
01:14:35,520 --> 01:14:38,800
Speaker 2: just door knocked on literally thousands of doors, and the

1435
01:14:38,840 --> 01:14:42,479
Speaker 2: people he speaks to just say, wow, what an impressive

1436
01:14:42,479 --> 01:14:46,160
Speaker 2: young guy. And he has a real shot in Bentelong.

1437
01:14:46,200 --> 01:14:48,200
Speaker 2: It's a tough seat, but I think you can win.

1438
01:14:48,320 --> 01:14:53,360
Speaker 2: Roe Knox is, I mean, she's smart, talented, a great

1439
01:14:53,400 --> 01:14:58,040
Speaker 2: intellects just like exactly the sort of person you'd want

1440
01:14:58,280 --> 01:15:02,240
Speaker 2: in a seat like Wentworth and in the Parliament. And

1441
01:15:02,240 --> 01:15:06,280
Speaker 2: Andrew Constance. You look at what he did over you know, bushfires,

1442
01:15:06,320 --> 01:15:11,240
Speaker 2: and and he is like he bleeds for his community

1443
01:15:11,320 --> 01:15:15,400
Speaker 2: and he's he's really passionate about helping people, particularly you know,

1444
01:15:15,439 --> 01:15:18,160
Speaker 2: people who are in their darkest hour. And he's proven that,

1445
01:15:18,200 --> 01:15:20,439
Speaker 2: like he's just he's got those runs on the board

1446
01:15:20,520 --> 01:15:23,439
Speaker 2: and he's a great candidate in Gilmourn. And similarly David Coleman,

1447
01:15:23,760 --> 01:15:28,920
Speaker 2: who's now our shadow Foreign Affairs spokesman, he would represent

1448
01:15:28,920 --> 01:15:31,960
Speaker 2: our country on the world stage like very few people could.

1449
01:15:32,000 --> 01:15:35,080
Speaker 2: He's he's got a great talent, and he's worked hard

1450
01:15:35,080 --> 01:15:38,599
Speaker 2: in his local community. He's respected by all the multicultural groups,

1451
01:15:38,640 --> 01:15:41,479
Speaker 2: and and he's built up his margin over a period

1452
01:15:41,479 --> 01:15:45,799
Speaker 2: of time, which reflects the fact that people locally respect him.

1453
01:15:46,120 --> 01:15:48,559
Speaker 3: So you've covered off your policies and you know you've

1454
01:15:49,400 --> 01:15:51,720
Speaker 3: magically weaved it into our discussion, which is you know,

1455
01:15:51,840 --> 01:15:53,560
Speaker 3: that's your job, and you've done a good job of

1456
01:15:53,640 --> 01:15:56,720
Speaker 3: dub You know, every opportunity you had to weave into

1457
01:15:57,160 --> 01:16:01,080
Speaker 3: into the discussion. You know, those those ideas. One of

1458
01:16:01,080 --> 01:16:04,160
Speaker 3: the things I expected you would. So one of the

1459
01:16:04,200 --> 01:16:06,080
Speaker 3: things I thought i'd do is ask you to comment

1460
01:16:06,160 --> 01:16:08,800
Speaker 3: on some of the labor's policies. But you know, I

1461
01:16:08,800 --> 01:16:12,479
Speaker 3: don't want to look like, you know, a flag waving liberal.

1462
01:16:12,880 --> 01:16:16,160
Speaker 3: So I went into artificial intelligence, went into AI and

1463
01:16:16,400 --> 01:16:18,680
Speaker 3: I don't mind telling him, went into co pilot. Copilot's

1464
01:16:18,720 --> 01:16:24,080
Speaker 3: my favorite AI place to go, And I asked co pilot,

1465
01:16:24,640 --> 01:16:28,160
Speaker 3: what are the five main policies of the lay party

1466
01:16:28,479 --> 01:16:32,400
Speaker 3: at that Anthony Alberanezi has expoused over the past three

1467
01:16:32,439 --> 01:16:35,439
Speaker 3: months and I'm going to put the five to you

1468
01:16:36,160 --> 01:16:38,639
Speaker 3: because he's not here to put him to the audience,

1469
01:16:38,640 --> 01:16:39,240
Speaker 3: so I'm going to put.

1470
01:16:39,160 --> 01:16:40,960
Speaker 1: Him to you and if you like, you can make

1471
01:16:41,000 --> 01:16:42,000
Speaker 1: a comment on him.

1472
01:16:42,360 --> 01:16:44,760
Speaker 3: And this is our last part of the discussion of

1473
01:16:44,760 --> 01:16:47,080
Speaker 3: the first one is housing and it goes the ten

1474
01:16:47,120 --> 01:16:49,880
Speaker 3: billion dollar Housing Australia Future Fund names too. It's a

1475
01:16:49,880 --> 01:16:52,120
Speaker 3: future fund aims to build one hundred thousand homes for

1476
01:16:52,160 --> 01:16:54,040
Speaker 3: first time buyers out of the next decade. The initiative

1477
01:16:54,040 --> 01:16:56,680
Speaker 3: is part of a broader housing strategy including Help to

1478
01:16:56,680 --> 01:16:59,400
Speaker 3: Buy a scheme and the National Housing Cord which targets

1479
01:16:59,400 --> 01:17:03,080
Speaker 3: one point two million new homes in Australia by twenty

1480
01:17:03,200 --> 01:17:03,840
Speaker 3: twenty nine.

1481
01:17:04,920 --> 01:17:07,240
Speaker 1: Would you care a comment, Well, just if you look at.

1482
01:17:09,080 --> 01:17:12,439
Speaker 2: The actions as opposed to the words their signature housing policy.

1483
01:17:12,840 --> 01:17:15,000
Speaker 2: Whilst it's got some houses under construction at the moment,

1484
01:17:15,040 --> 01:17:17,439
Speaker 2: not one has been completed in three years, so not

1485
01:17:17,479 --> 01:17:20,400
Speaker 2: one house has been brought to market. They've fueled demand,

1486
01:17:20,439 --> 01:17:22,760
Speaker 2: as we said before, they've just put a million buyers

1487
01:17:22,800 --> 01:17:26,000
Speaker 2: into the market, million renters and they've made it harder

1488
01:17:26,000 --> 01:17:29,679
Speaker 2: for Australians. Their focus is on community housing as opposed

1489
01:17:29,720 --> 01:17:33,160
Speaker 2: to providing support to first home buyers. They talk about

1490
01:17:33,160 --> 01:17:35,760
Speaker 2: the five percent deposit policy. It was actually introduced by

1491
01:17:35,760 --> 01:17:38,919
Speaker 2: the Liberal government and we want to continue that policy.

1492
01:17:39,600 --> 01:17:42,960
Speaker 2: So there's common ground between the two parties now on

1493
01:17:43,000 --> 01:17:46,840
Speaker 2: that issue. In relation to the fund that you spoke about,

1494
01:17:46,880 --> 01:17:50,600
Speaker 2: this is in part what Standard and PAU has talked about,

1495
01:17:50,600 --> 01:17:55,240
Speaker 2: these off budget funds, and that's in part what's contributing

1496
01:17:55,240 --> 01:17:59,400
Speaker 2: to the risk of our credit rating at the moment.

1497
01:18:00,120 --> 01:18:04,920
Speaker 2: And the government's talking about putting one hundred thousand dollars

1498
01:18:06,320 --> 01:18:12,320
Speaker 2: into building a home. You can't do a renovation, you know,

1499
01:18:12,360 --> 01:18:14,519
Speaker 2: for ten thousand dollars, and you don't get much of

1500
01:18:14,560 --> 01:18:17,040
Speaker 2: a renovation anymore for one hundred thousand.

1501
01:18:16,760 --> 01:18:19,200
Speaker 1: Dollars with the price the bathroom, kitchen.

1502
01:18:19,640 --> 01:18:22,559
Speaker 2: Well, that's right, And so I don't know what sort

1503
01:18:22,560 --> 01:18:24,479
Speaker 2: of homes are going to build for one hundred thousand dollars,

1504
01:18:24,479 --> 01:18:27,080
Speaker 2: but it obviously and they haven't outlined the detail, but

1505
01:18:27,479 --> 01:18:30,559
Speaker 2: it's obviously some sort of subsidy that they subsidize the

1506
01:18:30,600 --> 01:18:34,040
Speaker 2: construction of a home. So I don't think frankly, I

1507
01:18:34,080 --> 01:18:37,040
Speaker 2: just don't think it'll ever happen, but it sounds flashy

1508
01:18:37,040 --> 01:18:39,320
Speaker 2: when you've got a ten billion dollar you know, future

1509
01:18:39,320 --> 01:18:42,439
Speaker 2: housing fund. I just think, look at the reality of

1510
01:18:42,479 --> 01:18:45,880
Speaker 2: the last three years and housing. The housing crisis is

1511
01:18:45,960 --> 01:18:49,040
Speaker 2: just really I think it's been devastating for a lot

1512
01:18:49,040 --> 01:18:51,960
Speaker 2: of young strains. Young younger strains are putting off having kids,

1513
01:18:52,320 --> 01:18:55,880
Speaker 2: and older Australians parents and grandparents, even though they've worked

1514
01:18:55,880 --> 01:18:58,640
Speaker 2: hard provisioned for their own retirement, are staying in the

1515
01:18:58,640 --> 01:19:00,920
Speaker 2: workforce longer now because go to help the kids with

1516
01:19:01,000 --> 01:19:05,360
Speaker 2: monthly repayments or with the deposit. So that's the you know,

1517
01:19:05,560 --> 01:19:07,120
Speaker 2: that'll be my critique of their policy.

1518
01:19:07,240 --> 01:19:09,519
Speaker 3: The second thing that day AI can't come up with

1519
01:19:09,520 --> 01:19:14,200
Speaker 3: this cost living, it says Labour's modest is obviously about

1520
01:19:14,200 --> 01:19:17,200
Speaker 3: as unbiased as you can get because it's unless the

1521
01:19:17,200 --> 01:19:19,640
Speaker 3: AI is hallucinating, which can do from time time. But

1522
01:19:20,640 --> 01:19:23,679
Speaker 3: it says the cost living Labor's modest tax cuts. Tax

1523
01:19:23,720 --> 01:19:26,519
Speaker 3: cuts start in twenty twenty six, twenty twenty seven, that's

1524
01:19:26,560 --> 01:19:29,320
Speaker 3: next year, and they are designed to provide gradual relief,

1525
01:19:29,360 --> 01:19:32,599
Speaker 3: doubling and value by twenty seven twenty eight. What would

1526
01:19:32,640 --> 01:19:35,879
Speaker 3: you have to say about Labour's cost of living measures.

1527
01:19:36,000 --> 01:19:39,000
Speaker 2: Well, it's the contrast here is that Labour's saying seventy

1528
01:19:39,040 --> 01:19:40,680
Speaker 2: cents a day by way of a tax cut, is

1529
01:19:40,720 --> 01:19:43,400
Speaker 2: starting in fifteen months time. So let's say you know,

1530
01:19:43,439 --> 01:19:45,800
Speaker 2: four dollars ninety let's say five dollars a week, two

1531
01:19:45,880 --> 01:19:48,439
Speaker 2: hundred and sixty dollars a year. That's what they're promising

1532
01:19:48,439 --> 01:19:51,559
Speaker 2: you by way of tax cut. Our alternative is to say,

1533
01:19:51,800 --> 01:19:53,719
Speaker 2: starting from day one, we want to lower a petrol

1534
01:19:53,760 --> 01:19:56,360
Speaker 2: by twenty five cents a lead, so you're saving fourteen

1535
01:19:56,400 --> 01:19:59,000
Speaker 2: dollars a tank, twenty eight dollars a week for two

1536
01:19:59,040 --> 01:20:04,040
Speaker 2: car family fourteen fifteen hundred dollars a year, and that

1537
01:20:04,560 --> 01:20:06,840
Speaker 2: then is followed up by the twelve hundred dollars tax

1538
01:20:06,880 --> 01:20:09,000
Speaker 2: rebate if there are two of you and the family

1539
01:20:09,360 --> 01:20:12,280
Speaker 2: twenty four hundred dollars for the year. So you end

1540
01:20:12,360 --> 01:20:16,840
Speaker 2: up with a net benefit over that period of depending

1541
01:20:16,880 --> 01:20:20,080
Speaker 2: on the family circumstances. But let's say thirty nine hundred dollars,

1542
01:20:20,680 --> 01:20:23,120
Speaker 2: it takes you a lot of weeks at five dollars

1543
01:20:23,720 --> 01:20:26,200
Speaker 2: a week under mister Albaneze's plan to match what we've

1544
01:20:26,200 --> 01:20:30,360
Speaker 2: got on the table, and as I say, we then

1545
01:20:30,400 --> 01:20:32,120
Speaker 2: fix the system up so that we can bring the

1546
01:20:32,120 --> 01:20:35,559
Speaker 2: prices down. Mister Albaneze's promising one hundred and fifty dollars

1547
01:20:35,960 --> 01:20:39,559
Speaker 2: energy rebate but not fixing the root problem. So he

1548
01:20:39,600 --> 01:20:41,920
Speaker 2: promised before the last election energy costs it come down

1549
01:20:41,960 --> 01:20:44,559
Speaker 2: by two hundred and seventy five dollars and they've gone

1550
01:20:44,640 --> 01:20:47,400
Speaker 2: up by thirteen hundred dollars. So we want to fix

1551
01:20:48,120 --> 01:20:50,880
Speaker 2: you know, it's a bullet on a a band aid

1552
01:20:51,040 --> 01:20:53,960
Speaker 2: on a bullet woe. We want to fix the underlying

1553
01:20:54,000 --> 01:20:57,519
Speaker 2: problem as well as provide immediate relief and the seventy

1554
01:20:57,560 --> 01:20:59,880
Speaker 2: cents a day, five bucks a week in fifteen months time.

1555
01:21:00,360 --> 01:21:02,080
Speaker 2: I just think if you're out there talking to families

1556
01:21:02,080 --> 01:21:05,080
Speaker 2: at the moment of deciding not to ensure their car

1557
01:21:05,160 --> 01:21:07,320
Speaker 2: because I just can't afford to pay the premium, I

1558
01:21:07,320 --> 01:21:08,840
Speaker 2: think that'd so you know what, I'll probably take the

1559
01:21:08,880 --> 01:21:09,400
Speaker 2: help now.

1560
01:21:10,040 --> 01:21:12,720
Speaker 3: And the third point that Ai gave me was on

1561
01:21:12,880 --> 01:21:16,040
Speaker 3: energy and it says the Labor Party wants to continue

1562
01:21:16,160 --> 01:21:20,400
Speaker 3: to invest in renewable energy projects and this aligance with

1563
01:21:20,479 --> 01:21:25,000
Speaker 3: Labour's climate goals focusing on reduction of emissions and transitioning

1564
01:21:25,040 --> 01:21:26,439
Speaker 3: to cleaner energy sources.

1565
01:21:27,680 --> 01:21:29,479
Speaker 1: Have you got to comment on well, we're all in

1566
01:21:29,520 --> 01:21:29,920
Speaker 1: favor of.

1567
01:21:31,560 --> 01:21:35,120
Speaker 2: Zero missions by twenty fifty or reducing our missions and

1568
01:21:35,160 --> 01:21:38,760
Speaker 2: being responsible. And we're an exporter and were export to

1569
01:21:38,760 --> 01:21:41,679
Speaker 2: Europe and other countries, and there'll be a requirement ongoing

1570
01:21:41,720 --> 01:21:46,320
Speaker 2: for us to have sensible policies in place. But this,

1571
01:21:46,600 --> 01:21:48,320
Speaker 2: as I said before, like it has been a wrecking

1572
01:21:48,360 --> 01:21:51,400
Speaker 2: ball going through the economy. And have a look at

1573
01:21:51,439 --> 01:21:53,519
Speaker 2: what's happening in parts of Europe, or what happened when

1574
01:21:53,680 --> 01:21:57,800
Speaker 2: Ukraine was attacked by Russia. Germany and France and other

1575
01:21:57,840 --> 01:22:00,440
Speaker 2: countries were all of a sudden worried about energy security.

1576
01:22:02,040 --> 01:22:04,439
Speaker 2: There are reports out of Spain at the moment. I

1577
01:22:04,439 --> 01:22:07,960
Speaker 2: don't know the cause of those blackouts there, but no

1578
01:22:08,120 --> 01:22:11,799
Speaker 2: economy can function without reliable power. And the Prime Minister

1579
01:22:12,000 --> 01:22:15,559
Speaker 2: and Crispylon want to pretend that solar and offshore wind

1580
01:22:16,800 --> 01:22:20,360
Speaker 2: and green hydrogen that'll keep the lights on. It just won't.

1581
01:22:20,720 --> 01:22:22,519
Speaker 2: And this is why people have got solar panels at

1582
01:22:22,520 --> 01:22:26,599
Speaker 2: the moment starting to find that they're being penalized because

1583
01:22:27,880 --> 01:22:30,400
Speaker 2: the sunshines during the day and they can pump energy

1584
01:22:30,400 --> 01:22:33,400
Speaker 2: into the network and they were paid a reasonable tariff

1585
01:22:34,439 --> 01:22:38,760
Speaker 2: not too long ago. But now the battery technology hasn't

1586
01:22:38,800 --> 01:22:41,080
Speaker 2: got to a point where it can store energy to

1587
01:22:41,160 --> 01:22:44,400
Speaker 2: keep the fridges running or the air conditioning unit running overnight.

1588
01:22:45,040 --> 01:22:47,720
Speaker 2: And we have to have a base load power and

1589
01:22:47,800 --> 01:22:50,160
Speaker 2: we have to firm up the renewable power. We need

1590
01:22:50,200 --> 01:22:53,120
Speaker 2: twenty four to seven power. The hospitals need it, cold

1591
01:22:53,200 --> 01:22:57,439
Speaker 2: rooms need it, mining needs it to pay its access

1592
01:22:57,640 --> 01:23:01,640
Speaker 2: every part of our society. Energy is the economy, and

1593
01:23:00,720 --> 01:23:03,639
Speaker 2: so yes, I mean they're signed up to a renewables

1594
01:23:03,680 --> 01:23:06,439
Speaker 2: only policy, but it's killing the economy. And that's what's

1595
01:23:06,680 --> 01:23:08,839
Speaker 2: if you ask, if you ask me what's the biggest

1596
01:23:08,880 --> 01:23:11,760
Speaker 2: single factor as to why grocery prices have gone up

1597
01:23:11,760 --> 01:23:14,400
Speaker 2: by thirty percent, I think it's the energy policy. And

1598
01:23:14,439 --> 01:23:16,439
Speaker 2: as I say, it's not just your power bill at

1599
01:23:16,439 --> 01:23:18,080
Speaker 2: home that's going up. It's the farmer, and it's the

1600
01:23:18,960 --> 01:23:22,000
Speaker 2: cold storage provider, and it's a transport operator, and it's

1601
01:23:22,120 --> 01:23:25,280
Speaker 2: everybody who's paying more and more for electricity and gas.

1602
01:23:25,400 --> 01:23:28,280
Speaker 2: And that's why we want to address gas and electricity

1603
01:23:28,280 --> 01:23:29,360
Speaker 2: costs and bring them down.

1604
01:23:29,560 --> 01:23:31,160
Speaker 1: The fourth one that says is education.

1605
01:23:31,600 --> 01:23:35,320
Speaker 3: So AI says, Education says an expansion of free TAFE

1606
01:23:35,360 --> 01:23:38,160
Speaker 3: programs is set to benefit over six hundred thousand Australians

1607
01:23:38,160 --> 01:23:41,400
Speaker 3: addressing skill shortages and boosting workforce participation.

1608
01:23:41,800 --> 01:23:42,960
Speaker 1: That'll comment on that well.

1609
01:23:43,200 --> 01:23:45,719
Speaker 2: As we've discussed before, nothing the government does is free.

1610
01:23:46,120 --> 01:23:50,720
Speaker 2: So for somebody to be paid to go to do

1611
01:23:50,840 --> 01:23:54,759
Speaker 2: a course, another taxpayer is paying that. So somebody who's

1612
01:23:55,840 --> 01:24:00,200
Speaker 2: just finished their degree or just finish their apprenticeship, they're

1613
01:24:00,200 --> 01:24:02,479
Speaker 2: the ones who are paying for it through their taxes. Now,

1614
01:24:03,040 --> 01:24:07,320
Speaker 2: I'm a really strong supporter of young Australians deciding what

1615
01:24:07,479 --> 01:24:10,360
Speaker 2: is best for them. If that's UNI, that's great, But

1616
01:24:10,400 --> 01:24:11,960
Speaker 2: you're not a failure if you don't go to UNI,

1617
01:24:12,000 --> 01:24:15,640
Speaker 2: which is sort of the labor ethos. You should be

1618
01:24:15,720 --> 01:24:17,720
Speaker 2: encouraged to do a trade if that's what's important. What

1619
01:24:17,720 --> 01:24:19,799
Speaker 2: we've said is we're going to set up and invest

1620
01:24:19,840 --> 01:24:23,040
Speaker 2: further into austral and trade colleges instead of the TAFE model.

1621
01:24:23,400 --> 01:24:26,559
Speaker 2: It allows kids in year ten and eleven and twelve

1622
01:24:27,040 --> 01:24:31,000
Speaker 2: to start to start their apprenticeship and get some of

1623
01:24:31,000 --> 01:24:33,720
Speaker 2: that underway. By the time they leave school they can

1624
01:24:33,720 --> 01:24:36,320
Speaker 2: get paid for part of it. They're developing skills and

1625
01:24:36,360 --> 01:24:38,920
Speaker 2: in addition to that, we're putting twelve thousand dollars into

1626
01:24:38,960 --> 01:24:43,559
Speaker 2: a wage subsidy for trainees and for apprentices so that

1627
01:24:44,240 --> 01:24:48,000
Speaker 2: employers see them as more attractive and will employ more apprentices,

1628
01:24:48,040 --> 01:24:50,599
Speaker 2: particularly in the construction sector as well.

1629
01:24:51,040 --> 01:24:54,760
Speaker 3: And the final one is health. Labor has committed this

1630
01:24:54,840 --> 01:24:57,040
Speaker 3: is going to be is going to wrankle yours Medicare.

1631
01:24:57,080 --> 01:24:59,760
Speaker 3: But Labor has committed eight point five billion dollars to

1632
01:24:59,800 --> 01:25:03,400
Speaker 3: meet aiming to have ninety percent of GP visits that's

1633
01:25:03,520 --> 01:25:05,840
Speaker 3: visits to the doctor bulk build by the end of

1634
01:25:05,880 --> 01:25:09,760
Speaker 3: the decade. I presume he means twenty thirty. This includes

1635
01:25:10,960 --> 01:25:13,960
Speaker 3: funding for urgent care, clinics and women's health initiatives.

1636
01:25:15,880 --> 01:25:16,919
Speaker 1: What do you say about.

1637
01:25:16,800 --> 01:25:20,080
Speaker 2: Well, some of some of the government's claims at the

1638
01:25:20,120 --> 01:25:22,280
Speaker 2: moment in relation to health, as it pointed out before,

1639
01:25:22,320 --> 01:25:25,120
Speaker 2: it is completely overblown. So when I was Health Minister,

1640
01:25:25,200 --> 01:25:27,679
Speaker 2: the bulk building rate was eighty four percent. It went

1641
01:25:27,760 --> 01:25:30,000
Speaker 2: up and the Prime Minister makes this point that it

1642
01:25:30,080 --> 01:25:32,160
Speaker 2: went up over the course of COVID because more people

1643
01:25:32,160 --> 01:25:36,040
Speaker 2: were doing telehealth consults, et cetera, getting vaccinations. It went

1644
01:25:36,120 --> 01:25:39,439
Speaker 2: up to eighty eight percent. Today it's at seventy seven percent,

1645
01:25:39,520 --> 01:25:42,720
Speaker 2: so down eleven points and Australians are finding it hard

1646
01:25:42,720 --> 01:25:44,880
Speaker 2: to get into a doctor. So you know, as a dad.

1647
01:25:44,920 --> 01:25:48,000
Speaker 2: As somebody who uses a health system, obviously myself, I

1648
01:25:48,040 --> 01:25:50,160
Speaker 2: want to make sure that we can have a really

1649
01:25:50,200 --> 01:25:54,360
Speaker 2: strong primary care network because that stops people from going

1650
01:25:54,400 --> 01:25:57,680
Speaker 2: to hospitals and presenting an emergency departments. It means that

1651
01:25:57,720 --> 01:26:00,960
Speaker 2: there's early detection of cancers and it means you can

1652
01:26:01,000 --> 01:26:03,439
Speaker 2: be treated much earlier. And blokes in particular, I might say,

1653
01:26:03,439 --> 01:26:05,960
Speaker 2: should go to the doctor more regularly. Women are much

1654
01:26:06,000 --> 01:26:09,680
Speaker 2: better at going to the doctor more regularly. And we

1655
01:26:09,760 --> 01:26:13,160
Speaker 2: need to invest in training of gps because we've got

1656
01:26:13,200 --> 01:26:16,240
Speaker 2: an aging workforce. More gps are getting older and retiring,

1657
01:26:16,280 --> 01:26:19,760
Speaker 2: and also it's less attractive as a specialty compared to

1658
01:26:19,880 --> 01:26:24,479
Speaker 2: obstetrics or gynecology or to other specialties where people can

1659
01:26:24,479 --> 01:26:27,320
Speaker 2: make more money, so we've got to properly pay the doctors.

1660
01:26:27,320 --> 01:26:31,120
Speaker 2: So we support additional investment into medicare and we've been

1661
01:26:31,240 --> 01:26:34,000
Speaker 2: very clear about that. We've doubled the number of psychology

1662
01:26:34,040 --> 01:26:37,360
Speaker 2: sessions which labor cut in half, because particularly for young

1663
01:26:37,439 --> 01:26:41,400
Speaker 2: kids with complex psychological needs, we need to get them

1664
01:26:42,040 --> 01:26:45,559
Speaker 2: with more support, not less. And we've made a big

1665
01:26:45,560 --> 01:26:48,400
Speaker 2: investment into GP training and we've worked with the Australian

1666
01:26:48,439 --> 01:26:51,439
Speaker 2: Medical Association and the Royal Australian College of General Practice

1667
01:26:52,040 --> 01:26:55,080
Speaker 2: to come up with that plan. So a very strong

1668
01:26:55,080 --> 01:26:59,800
Speaker 2: supporter of general practice and there's probably some similarities between

1669
01:27:00,080 --> 01:27:02,479
Speaker 2: labors at at the moment and US. I just think

1670
01:27:02,520 --> 01:27:04,840
Speaker 2: we can manage the economy more effectively, which means that

1671
01:27:04,840 --> 01:27:09,400
Speaker 2: we can ultimately invest more into into health and that

1672
01:27:09,439 --> 01:27:14,559
Speaker 2: can help keep people healthier and detect particularly those those

1673
01:27:14,600 --> 01:27:18,280
Speaker 2: cancer types earlier, which means the survival rates are much higher.

1674
01:27:18,920 --> 01:27:22,639
Speaker 3: But just so anyone listening or watching can get it clear,

1675
01:27:22,920 --> 01:27:23,960
Speaker 3: you're not going to smash.

1676
01:27:23,720 --> 01:27:26,200
Speaker 1: Medicare, no where where's that coming from.

1677
01:27:26,200 --> 01:27:28,840
Speaker 2: But it's their scare campaign and they ran it. Remember

1678
01:27:28,880 --> 01:27:31,559
Speaker 2: they ran it before Tony Abbott got elected, and they

1679
01:27:31,600 --> 01:27:33,720
Speaker 2: ran it before Scott Morrison got elected. They ran it

1680
01:27:33,720 --> 01:27:39,040
Speaker 2: before John Howard got elected, and before Malcolm Turmer was elected.

1681
01:27:39,240 --> 01:27:40,920
Speaker 2: There was this medi scare campaign that we were going

1682
01:27:40,960 --> 01:27:44,479
Speaker 2: to privatize Medicare. I remember older Australians coming up to

1683
01:27:44,560 --> 01:27:47,080
Speaker 2: us on the booth crying saying I voted for you

1684
01:27:47,120 --> 01:27:48,280
Speaker 2: for all of these years, why are you going to

1685
01:27:48,280 --> 01:27:50,479
Speaker 2: sell Medicare? And it proved to be a complete and

1686
01:27:50,560 --> 01:27:56,639
Speaker 2: utter fabrication, like they were misleading and lying to elderly

1687
01:27:56,800 --> 01:28:00,400
Speaker 2: Australians scaring them and that that is out of their

1688
01:28:00,400 --> 01:28:04,080
Speaker 2: campaign again. Now, I just think Australians realize it's a

1689
01:28:04,120 --> 01:28:07,800
Speaker 2: con job and that the Prime Minister is saying all

1690
01:28:07,840 --> 01:28:11,599
Speaker 2: of this because he can't get re elected on his

1691
01:28:11,640 --> 01:28:15,400
Speaker 2: track record and throw the mard. Run the scare campaigns,

1692
01:28:15,680 --> 01:28:18,519
Speaker 2: tell the lies. That's how you get elected, and that's

1693
01:28:18,560 --> 01:28:20,960
Speaker 2: what this election is about. And I intend to make

1694
01:28:21,000 --> 01:28:23,479
Speaker 2: sure that that's not the case. And I want to

1695
01:28:23,520 --> 01:28:25,000
Speaker 2: stand up for our country. I want to make sure

1696
01:28:25,000 --> 01:28:27,519
Speaker 2: that we're safe and secure. I want to make sure

1697
01:28:27,520 --> 01:28:29,680
Speaker 2: we can get our country back on track as well

1698
01:28:29,720 --> 01:28:32,720
Speaker 2: as the economy and help people live their lives again.

1699
01:28:32,960 --> 01:28:36,120
Speaker 2: I want to We've had seven we've had seven consecutive

1700
01:28:36,200 --> 01:28:39,840
Speaker 2: quarters so twenty one months of negative household growth. That is,

1701
01:28:40,200 --> 01:28:43,200
Speaker 2: households have been and recived for almost two years under

1702
01:28:43,240 --> 01:28:45,559
Speaker 2: this government. And as I said earlier, the biggest drop

1703
01:28:45,600 --> 01:28:49,960
Speaker 2: in living standards that the strains have experienced and people

1704
01:28:50,040 --> 01:28:52,160
Speaker 2: know it, and they're the stories we've heard, the tears

1705
01:28:52,640 --> 01:28:55,400
Speaker 2: that we've seen when we've spoken to family, so working

1706
01:28:55,400 --> 01:28:57,360
Speaker 2: their guts out and just going backwards at the moment,

1707
01:28:57,400 --> 01:28:59,960
Speaker 2: and people aren't better off today. Than they were three

1708
01:29:00,080 --> 01:29:03,000
Speaker 2: years ago, and people can't afford three more years of

1709
01:29:03,040 --> 01:29:05,680
Speaker 2: a bad government will end up like Victoria. But at

1710
01:29:05,720 --> 01:29:09,800
Speaker 2: a national level, when you get a second term, the

1711
01:29:09,840 --> 01:29:12,840
Speaker 2: first term looks bad, but the second term is when

1712
01:29:12,840 --> 01:29:16,640
Speaker 2: they really consolidate the bad decisions and lock in the

1713
01:29:16,680 --> 01:29:19,280
Speaker 2: debt that might be paid off for a generation. And

1714
01:29:20,120 --> 01:29:23,439
Speaker 2: let's change the government now and get to get things sorted.

1715
01:29:24,080 --> 01:29:26,760
Speaker 3: And just as you get, helped me out because you know,

1716
01:29:26,800 --> 01:29:30,400
Speaker 3: you're a political scientist, and I don't mean in terms

1717
01:29:30,439 --> 01:29:32,519
Speaker 3: of academy, but you are a political scientist and that

1718
01:29:32,520 --> 01:29:36,559
Speaker 3: there's the game you work in. Just an observation and

1719
01:29:36,600 --> 01:29:39,720
Speaker 3: maybe you can help me out though it seems to

1720
01:29:39,760 --> 01:29:41,719
Speaker 3: me what most people aren't.

1721
01:29:41,520 --> 01:29:43,920
Speaker 1: Thinking about is for this election is that.

1722
01:29:45,400 --> 01:29:50,120
Speaker 3: Labor is about big government because they take the view

1723
01:29:50,200 --> 01:29:53,680
Speaker 3: and rightly wrongly. I know where my position is, but

1724
01:29:53,720 --> 01:29:56,639
Speaker 3: you know everyone will have a different position. But big

1725
01:29:56,680 --> 01:30:01,439
Speaker 3: government movements like labor the view that government make the

1726
01:30:01,479 --> 01:30:07,759
Speaker 3: best decisions for everybody. So you're how you live your life,

1727
01:30:08,400 --> 01:30:11,800
Speaker 3: I'll sort it out. I'll build the rules around how

1728
01:30:11,840 --> 01:30:13,680
Speaker 3: you live like COVID is a good example, which is

1729
01:30:13,720 --> 01:30:17,400
Speaker 3: what happened to Victoria. We as a government are better

1730
01:30:17,439 --> 01:30:20,040
Speaker 3: making decisions about how you live your life. Therefore, as

1731
01:30:20,040 --> 01:30:22,360
Speaker 3: a result of that, we will build governor bigger and

1732
01:30:22,360 --> 01:30:25,439
Speaker 3: bigger and bigger if you vote us in. But you're

1733
01:30:25,439 --> 01:30:28,200
Speaker 3: going to have more rules, more regulation. For a small business,

1734
01:30:28,200 --> 01:30:32,160
Speaker 3: you're gonna have to buy, buy more, many more rules.

1735
01:30:32,200 --> 01:30:33,840
Speaker 3: As to hey, you're going to ministry your business. You

1736
01:30:33,840 --> 01:30:35,280
Speaker 3: know you've got to collect the tax. You've got to

1737
01:30:35,320 --> 01:30:39,240
Speaker 3: do this, You've got to do that. Whereas the liberal

1738
01:30:39,320 --> 01:30:43,200
Speaker 3: program has been obviously government, you've got to have rules,

1739
01:30:43,240 --> 01:30:45,200
Speaker 3: but smaller government.

1740
01:30:47,360 --> 01:30:49,720
Speaker 1: And the vote for.

1741
01:30:50,200 --> 01:30:53,599
Speaker 3: Labor in my opinion, and if you are someone who's

1742
01:30:53,600 --> 01:30:55,200
Speaker 3: going to vote for labor, in my opinion, you are

1743
01:30:55,280 --> 01:30:58,280
Speaker 3: voting for big government. And by voting for big government,

1744
01:30:58,320 --> 01:31:00,760
Speaker 3: the job of someone in working government is to make

1745
01:31:00,800 --> 01:31:04,200
Speaker 3: more rules. That's what governments do. They govern, They make rules,

1746
01:31:04,720 --> 01:31:06,719
Speaker 3: and they make more rules and more rules and more rules.

1747
01:31:07,120 --> 01:31:08,600
Speaker 3: And when it comes to working out whether I'm on

1748
01:31:08,760 --> 01:31:10,840
Speaker 3: better off today, get better what it was, say three

1749
01:31:10,920 --> 01:31:12,800
Speaker 3: years ago, I just know there's a lot, a whole

1750
01:31:12,800 --> 01:31:14,080
Speaker 3: lot more rules around.

1751
01:31:13,960 --> 01:31:18,559
Speaker 1: Than it was three years ago. But just take economic society. Yes, and.

1752
01:31:21,040 --> 01:31:24,400
Speaker 3: Is a liberal party still stand for let's call it

1753
01:31:24,479 --> 01:31:27,599
Speaker 3: smaller government relative to what Labour does.

1754
01:31:27,680 --> 01:31:30,120
Speaker 2: The short answer is yes, and I think you're right

1755
01:31:30,200 --> 01:31:34,759
Speaker 2: in your analysis. It's just a philosophical and ideological difference

1756
01:31:34,800 --> 01:31:36,160
Speaker 2: between the two parties.

1757
01:31:35,800 --> 01:31:37,519
Speaker 1: And everybody can make their own decision about course, so

1758
01:31:37,520 --> 01:31:38,559
Speaker 1: they should know of course.

1759
01:31:38,600 --> 01:31:41,559
Speaker 2: Yeah, so look at our The Liberal Party approach is

1760
01:31:41,600 --> 01:31:44,560
Speaker 2: to knowing that we're spending taxpayers money to pay the

1761
01:31:44,600 --> 01:31:47,639
Speaker 2: wages of public servants in Canberra, is to make sure

1762
01:31:47,640 --> 01:31:50,320
Speaker 2: that the money is spent efficiently. So let's get the

1763
01:31:50,320 --> 01:31:52,840
Speaker 2: best bang for our buck, and let's make sure that

1764
01:31:52,880 --> 01:31:55,960
Speaker 2: we're employing people who are making it easier for you

1765
01:31:56,040 --> 01:31:59,880
Speaker 2: to navigate government services or get the services that you

1766
01:32:00,800 --> 01:32:04,040
Speaker 2: are relying on from government. One of the reasons I

1767
01:32:04,120 --> 01:32:08,599
Speaker 2: think that we've established a lot of inefficiency and why

1768
01:32:08,600 --> 01:32:11,080
Speaker 2: we're passing a lot of cost onto the end user,

1769
01:32:11,600 --> 01:32:13,640
Speaker 2: say in the construction sector, I think is a good

1770
01:32:13,680 --> 01:32:17,719
Speaker 2: good example. The Labor government will always try and police

1771
01:32:17,720 --> 01:32:20,599
Speaker 2: a unions. So the CFMUU has donated twelve million dollars

1772
01:32:20,600 --> 01:32:25,440
Speaker 2: since Anthony Albanezi became Labor leader. They've let the CFMU

1773
01:32:26,720 --> 01:32:31,240
Speaker 2: largely go untouched. The CFMU workplace now is at about

1774
01:32:31,240 --> 01:32:34,439
Speaker 2: two point four days a week, so and as we

1775
01:32:34,439 --> 01:32:38,759
Speaker 2: said earlier we discussed this, you end up paying twice

1776
01:32:38,800 --> 01:32:41,800
Speaker 2: the amount to construct a building. And it's why the

1777
01:32:41,840 --> 01:32:44,559
Speaker 2: cost of a two bedroom unit has gone up so

1778
01:32:44,640 --> 01:32:48,479
Speaker 2: dramatically and why it's cost a lot of people additional

1779
01:32:48,479 --> 01:32:51,240
Speaker 2: holding costs. So the developer buys the block of land.

1780
01:32:51,680 --> 01:32:56,639
Speaker 2: The government used to approve that development application in say

1781
01:32:56,720 --> 01:33:00,360
Speaker 2: three months, It now takes three years or six years,

1782
01:33:01,120 --> 01:33:05,200
Speaker 2: and so the costs of that interest ultimately get paid

1783
01:33:05,760 --> 01:33:08,559
Speaker 2: by the young couple who's buying the two bedroom unit.

1784
01:33:09,120 --> 01:33:12,120
Speaker 2: And the reason why that's blown out is because government

1785
01:33:12,200 --> 01:33:15,120
Speaker 2: has expanded and when you bring new public servants on,

1786
01:33:15,160 --> 01:33:17,479
Speaker 2: they look for new things to do. That's their job exactly,

1787
01:33:17,760 --> 01:33:22,360
Speaker 2: and they they don't find efficiency, They find reasons to

1788
01:33:22,479 --> 01:33:26,400
Speaker 2: prolong the discussion and we need to consider more factors,

1789
01:33:26,400 --> 01:33:29,360
Speaker 2: and we need more reports, and you need to pay

1790
01:33:29,360 --> 01:33:31,640
Speaker 2: the consultants more and more, and that's what's driven up

1791
01:33:31,680 --> 01:33:34,760
Speaker 2: the cost and the labor. Governments employed an extra forty

1792
01:33:34,800 --> 01:33:38,439
Speaker 2: one thousand public servants in Canberra and to put that

1793
01:33:38,479 --> 01:33:41,320
Speaker 2: into perspective on a per capita basis, and it's a

1794
01:33:41,320 --> 01:33:43,400
Speaker 2: really interesting graph. I think it was in the Economists

1795
01:33:43,439 --> 01:33:46,439
Speaker 2: just recently, but Australia has the highest number of public

1796
01:33:46,439 --> 01:33:49,759
Speaker 2: servants per capita compared to any other country, including European countries,

1797
01:33:50,840 --> 01:33:55,240
Speaker 2: in the world, and that means that it's grown at

1798
01:33:55,240 --> 01:33:58,400
Speaker 2: about three times the rate under this government compared to

1799
01:33:59,240 --> 01:34:02,639
Speaker 2: when Julia Gillard and Kevin rud were and government last.

1800
01:34:03,080 --> 01:34:06,360
Speaker 2: So that is a pretty phenomenal growth number. Now, if

1801
01:34:06,439 --> 01:34:08,639
Speaker 2: you're talking a wage bill there of over seven billion

1802
01:34:08,680 --> 01:34:11,320
Speaker 2: dollars a year, you think what you can do for that.

1803
01:34:11,360 --> 01:34:13,719
Speaker 2: You can drop petrol by twenty five cents. A letter

1804
01:34:13,720 --> 01:34:16,679
Speaker 2: costs you six billion dollars a year. You can provide

1805
01:34:16,720 --> 01:34:20,040
Speaker 2: permanently permanently, You could provide more support to defense, You

1806
01:34:20,040 --> 01:34:23,800
Speaker 2: could give more funding to roads, you could provide more

1807
01:34:23,800 --> 01:34:26,120
Speaker 2: support in age care. There are a lot of things

1808
01:34:26,240 --> 01:34:28,080
Speaker 2: you can do for that money. And if you can

1809
01:34:28,439 --> 01:34:31,200
Speaker 2: deliver a more efficient service and you can make it

1810
01:34:31,240 --> 01:34:34,360
Speaker 2: easier and less costly to deal with government, you end

1811
01:34:34,479 --> 01:34:38,200
Speaker 2: up reducing the overall costs that have to be complied

1812
01:34:39,120 --> 01:34:42,880
Speaker 2: or paid for to comply with the government regulations. And

1813
01:34:42,920 --> 01:34:46,879
Speaker 2: that's a big difference between the two parties. The Commonwealth

1814
01:34:46,880 --> 01:34:49,960
Speaker 2: Public Service Union, of course applaud the Albanezi government for

1815
01:34:50,000 --> 01:34:53,080
Speaker 2: employing more public servant in camera because they get to

1816
01:34:53,120 --> 01:34:55,320
Speaker 2: clip the ticket and they get to collect the union

1817
01:34:55,320 --> 01:34:59,559
Speaker 2: fees and then the CPSU pay the union fees to

1818
01:34:59,640 --> 01:35:03,880
Speaker 2: the Labor Party to help them campaign. That's their business model.

1819
01:35:04,800 --> 01:35:07,760
Speaker 2: I just I want an efficient public servants service, and

1820
01:35:07,840 --> 01:35:10,320
Speaker 2: I want a smaller government, and I want people to

1821
01:35:10,320 --> 01:35:12,680
Speaker 2: be able to make decisions that are right for them

1822
01:35:12,680 --> 01:35:14,639
Speaker 2: and right for their families and right for their businesses.

1823
01:35:14,680 --> 01:35:18,639
Speaker 2: And I'm not interested in having to tell you whether

1824
01:35:18,640 --> 01:35:20,479
Speaker 2: you turn a left or right coming out of your bedroom,

1825
01:35:20,520 --> 01:35:24,240
Speaker 2: or whether you allowed to serve up that cereal in

1826
01:35:24,280 --> 01:35:27,600
Speaker 2: the morning, or whether you're allowed to, you know, do

1827
01:35:27,720 --> 01:35:29,040
Speaker 2: this or that in your life. I want you to

1828
01:35:29,120 --> 01:35:32,599
Speaker 2: make those decisions. And that's the big difference between the

1829
01:35:32,600 --> 01:35:36,240
Speaker 2: two parties. The Labor Party believes in a control you,

1830
01:35:36,400 --> 01:35:38,160
Speaker 2: command and control model, and that's.

1831
01:35:38,240 --> 01:35:40,400
Speaker 3: They believe they're better off at making decisions than we

1832
01:35:40,479 --> 01:35:41,400
Speaker 3: are as individuals.

1833
01:35:41,479 --> 01:35:43,960
Speaker 2: Yes, and again because it's a trust thing. They don't

1834
01:35:44,000 --> 01:35:47,719
Speaker 2: trust business owners because they think they're there to exploit workers.

1835
01:35:47,720 --> 01:35:52,559
Speaker 2: As we said before, they want to give a model

1836
01:35:52,600 --> 01:35:56,120
Speaker 2: where people can rent for life, because that means that

1837
01:35:56,920 --> 01:36:02,120
Speaker 2: you know you've got you're not empowered a landlord who's

1838
01:36:02,160 --> 01:36:05,160
Speaker 2: got that subservient relationship. They want the super funds to

1839
01:36:05,240 --> 01:36:09,400
Speaker 2: own the houses that people live in and give them

1840
01:36:10,120 --> 01:36:14,160
Speaker 2: a rent for life model. And they're just the fundamental

1841
01:36:14,160 --> 01:36:15,639
Speaker 2: differences between the two parties.

1842
01:36:16,040 --> 01:36:18,559
Speaker 3: And then that sort of takes us around sort of

1843
01:36:18,600 --> 01:36:21,280
Speaker 3: that territory of socialism, because that's sort of the philosophy

1844
01:36:21,280 --> 01:36:25,400
Speaker 3: of socialism. Yes, and all these things, apart from being efficient,

1845
01:36:26,600 --> 01:36:29,040
Speaker 3: costs end up costing us more money. So may the

1846
01:36:29,040 --> 01:36:33,679
Speaker 3: whole business cycle inefficient. Just so I'm clear, though, any

1847
01:36:33,680 --> 01:36:36,840
Speaker 3: public servants listening to this doesn't mean that if Dunton

1848
01:36:36,880 --> 01:36:38,519
Speaker 3: gets in he's going to go and fire everybody.

1849
01:36:38,720 --> 01:36:40,240
Speaker 2: No. Look, I mean look at what we did again

1850
01:36:40,240 --> 01:36:43,400
Speaker 2: when we were in government. We found efficiencies and we

1851
01:36:43,439 --> 01:36:45,840
Speaker 2: did reduce the overall number of public servants as we're

1852
01:36:45,880 --> 01:36:51,360
Speaker 2: proposing at this election as well. But we're at a sensible,

1853
01:36:51,400 --> 01:36:53,960
Speaker 2: sustainable model and trying to get that balance right. As

1854
01:36:53,960 --> 01:36:56,960
Speaker 2: I say, where people are working harder and paying more tax,

1855
01:36:57,640 --> 01:36:59,720
Speaker 2: they want to know that it's being spent efficiently. And

1856
01:37:00,479 --> 01:37:02,800
Speaker 2: if they think we're just employing public servants in Canberra

1857
01:37:02,880 --> 01:37:05,559
Speaker 2: to please the Union as the Labor Party is done,

1858
01:37:05,640 --> 01:37:08,280
Speaker 2: well that's not an efficient use of your money. If

1859
01:37:08,280 --> 01:37:12,000
Speaker 2: you're making an application to be a pension or if

1860
01:37:12,000 --> 01:37:15,360
Speaker 2: you're working in the Department of Defense, you want to

1861
01:37:15,400 --> 01:37:18,680
Speaker 2: know that they're the most streamlined process is going. And

1862
01:37:19,080 --> 01:37:21,400
Speaker 2: we should be encouraging the state governments and the councils

1863
01:37:21,400 --> 01:37:24,559
Speaker 2: to do that as well, and encourage them to be

1864
01:37:24,600 --> 01:37:28,160
Speaker 2: efficient in the taxes that they're applying and the public

1865
01:37:28,160 --> 01:37:29,880
Speaker 2: servants that they're employing in the way in which they

1866
01:37:29,920 --> 01:37:33,320
Speaker 2: spend their taxes as well. And sometimes the commwealth government

1867
01:37:33,360 --> 01:37:37,120
Speaker 2: can incentivize state governments to try and cut waste and

1868
01:37:37,320 --> 01:37:43,160
Speaker 2: try and condensed timelines for approvals, etc. Not abandoned environmental considerations, etc.

1869
01:37:43,479 --> 01:37:47,280
Speaker 2: But it takes sixteen years in our country now for

1870
01:37:47,320 --> 01:37:50,519
Speaker 2: a mind to be approved. What's happening there? All those

1871
01:37:50,520 --> 01:37:53,960
Speaker 2: companies like Rio are just taking money. They're putting it

1872
01:37:53,960 --> 01:37:57,080
Speaker 2: into Africa, They're putting it into Asia and North America.

1873
01:37:57,400 --> 01:38:00,639
Speaker 2: We lose the jobs, we lose the taxes. We would

1874
01:38:00,720 --> 01:38:05,439
Speaker 2: end up being more environmentally responsible in that mining operation

1875
01:38:05,560 --> 01:38:09,080
Speaker 2: than what would happen in Africa, and so we don't

1876
01:38:09,200 --> 01:38:14,519
Speaker 2: improve the overall missions across the world, and we do

1877
01:38:14,560 --> 01:38:18,120
Speaker 2: ourselves out of huge revenues, and we could be building

1878
01:38:18,520 --> 01:38:23,640
Speaker 2: more schools or we could be providing more GPS. That's

1879
01:38:23,680 --> 01:38:26,160
Speaker 2: they're the fundamental differences I think between the two parties.

1880
01:38:26,840 --> 01:38:30,040
Speaker 3: So, Peter, the elections on in four days from now,

1881
01:38:33,320 --> 01:38:34,720
Speaker 3: it's the last run home. You've got to take one

1882
01:38:34,800 --> 01:38:37,800
Speaker 3: hundred meters Togo. It looks like there's a you know,

1883
01:38:37,840 --> 01:38:39,519
Speaker 3: you've got to catch up. You got to really put

1884
01:38:39,560 --> 01:38:41,439
Speaker 3: this stride out. What are you going to say to

1885
01:38:41,439 --> 01:38:44,720
Speaker 3: Australians now? Why vote for the Coalition.

1886
01:38:45,840 --> 01:38:48,160
Speaker 2: We're going to work hard right up until election night

1887
01:38:48,200 --> 01:38:50,720
Speaker 2: because I believe we can win the election, and I

1888
01:38:50,760 --> 01:38:53,479
Speaker 2: believe we can win it because not just of the

1889
01:38:53,520 --> 01:38:55,920
Speaker 2: track record of the last three years and how hard

1890
01:38:55,960 --> 01:38:58,000
Speaker 2: that's been for a lot of families, but probably more

1891
01:38:58,000 --> 01:39:00,519
Speaker 2: importantly because of what we've got on off and that

1892
01:39:00,720 --> 01:39:04,880
Speaker 2: is a positive plan. It's about providing immediate assistance and

1893
01:39:04,960 --> 01:39:06,760
Speaker 2: it's the twenty five cent a letter cut, it's the

1894
01:39:06,760 --> 01:39:10,479
Speaker 2: twelve hundred dollars back. It's fixing up the energy system

1895
01:39:10,600 --> 01:39:15,439
Speaker 2: straight away, and it's fixing the economy so that the

1896
01:39:15,439 --> 01:39:17,800
Speaker 2: economy can be working for people, not that people are

1897
01:39:17,840 --> 01:39:21,320
Speaker 2: slaves to the economy. I want to create an environment

1898
01:39:22,040 --> 01:39:26,080
Speaker 2: where we can support families and help small businesses grow again,

1899
01:39:26,120 --> 01:39:28,920
Speaker 2: where we can bring inflation down so that we can

1900
01:39:28,920 --> 01:39:31,880
Speaker 2: bring interest rates down, and we can be a safe

1901
01:39:31,880 --> 01:39:34,280
Speaker 2: society as well. I want people to be safe in

1902
01:39:34,280 --> 01:39:35,720
Speaker 2: their own homes. I want them to be safe in

1903
01:39:35,760 --> 01:39:38,120
Speaker 2: their communities, and I want us to be safe as

1904
01:39:38,160 --> 01:39:41,880
Speaker 2: a country in a very uncertain century. And we have

1905
01:39:41,960 --> 01:39:43,840
Speaker 2: the experience to be able to do that, and we

1906
01:39:43,960 --> 01:39:46,880
Speaker 2: have the capacity. When you look at the front bench

1907
01:39:46,920 --> 01:39:49,920
Speaker 2: and Angus Taylor and Jane Hume and others who are

1908
01:39:50,000 --> 01:39:54,760
Speaker 2: very accomplished people in their own business lives, etc. They

1909
01:39:54,800 --> 01:39:56,800
Speaker 2: bring a lot of experience to the table as well.

1910
01:39:56,920 --> 01:39:59,559
Speaker 2: And we have the ability to clean up this mess

1911
01:39:59,600 --> 01:40:01,920
Speaker 2: of the last three years and help bring down the

1912
01:40:01,960 --> 01:40:07,320
Speaker 2: cost of petrol, of power, of electricity and gas, and

1913
01:40:07,360 --> 01:40:11,320
Speaker 2: we can help rebuild the economy. And that's exactly what

1914
01:40:12,040 --> 01:40:15,360
Speaker 2: liberal governments have done after bad labor governments before.

1915
01:40:16,000 --> 01:40:16,639
Speaker 1: Better done.

1916
01:40:16,880 --> 01:40:19,719
Speaker 3: Thanksgiving our audience a better sense of who Peter Donte

1917
01:40:19,960 --> 01:40:20,400
Speaker 3: really is.

1918
01:40:20,479 --> 01:40:21,640
Speaker 2: My pleasure. Mark, Thank you very much.