Speaker 1: From the Sky News Center. This is Paul Murray Live.
Speaker 1: Thank you, Sharry. Want to show after a big event
Speaker 1: this time tomorrow night here on Sky News now right here,
Speaker 1: this Monday night. My gift to you. Forget the poss
Speaker 1: forget the bookies, no looks, no lefties. That's what will
Speaker 1: give you tonight. Hello, James, have a wonderful Macannivan hello
Speaker 1: to you too. All right, the wonderful just sns in there.
Speaker 1: But jimper Price, she is an absolute ace up the
Speaker 1: sleeve of Peter Dunton. He should be deploying her loudly
Speaker 1: and across the country. And it starts tonight when we
Speaker 1: have a chat a little later on Paul Murray Life.
Speaker 2: Let's not forget all the promises that he has made
Speaker 2: and completely and utterly abandoned. As far as I know,
Speaker 2: I can't trust a word that this Prime Minister says.
Speaker 1: Don't forget Tomorrow night, seven thirty Australian Eastern time. Thankfully
Speaker 1: daylight saving has gone, so no matter where you are
Speaker 1: on the East Coast, all the same time, seven point
Speaker 1: thirty Tomorrow night. Anthony Abernezi, the Prime Minister, thinking that
Speaker 1: he's sailing into a second term Peter Dutton with it
Speaker 1: all on the line. Will this change the story? You'll
Speaker 1: all find out because it's not the media in control,
Speaker 1: it's one hundred undecided voters. And I can't wait to
Speaker 1: see all of that play out tomorrow night. The full
Speaker 1: postgame analysis Chris Kenny, Laura Jays, myself and plenty of others.
Speaker 1: Then Jim Chalmers versus Angus Taylor in prime time of course,
Speaker 1: when the world economy is where it is, the two
Speaker 1: blokes who would have responsibility for the Australian portion of it.
Speaker 1: And then Blackout Bowen versus Ted O'Brien about the future
Speaker 1: of our energy market. That is just the start. And
Speaker 1: let me throw a fourth thing on top of this,
Speaker 1: and it's the start of next week. I love a
Speaker 1: pub test, and this time next week we will be
Speaker 1: doing a pub test in one of my favorite places
Speaker 1: in Australia, Tweedheads, and it is the Mavericks. Already locked in.
Speaker 1: Is paul Ene Hanson, already locked in? Is tonight's guest
Speaker 1: Senator Matt Canavan. There will be more that we will
Speaker 1: be adding to the list. But here's the deal. If
Speaker 1: you have a question and you would like to be
Speaker 1: at this part test next Monday. Tweetheads about the lockin
Speaker 1: Avenue in the next probably hour or so, so we'll
Speaker 1: get back to you about all of that. But tweeedtheads
Speaker 1: next week. Pubtest at sky news dot com dot are
Speaker 1: you first hundred people into the room of the people
Speaker 1: who get the seats. If I can get more than
Speaker 1: one hundred seats, we'll have more than one hundred opportunities.
Speaker 1: But what's your question? What do you want to ask
Speaker 1: Pauline Hanson? What do you want to ask Matt Kenneman?
Speaker 1: What do you want to ask people who want to
Speaker 1: shake the joint up a little bit? No question is
Speaker 1: off limits. Whatever you want to ask, Let's send the
Speaker 1: email right now. Pup test at sky news dot com
Speaker 1: dot are you get yourself to tweettheads next Monday. Cannot wait, Leaders, treasurers,
Speaker 1: the energy market and the mavericks. It all happens here
Speaker 1: every day, from the start of the day with Pete
Speaker 1: to the end of the night with reader and all
Speaker 1: in between. We are all across this election and it
Speaker 1: gets even more serious from here because there are just
Speaker 1: twenty six days to go in this federal election. There
Speaker 1: are just two weeks until the first votes are cast now.
Speaker 1: The electoral role closed an hour ago, meaning if you
Speaker 1: are not enrolled to vote, you will not be able
Speaker 1: to vote. If you are somebody who has not updated
Speaker 1: where you live and your details again, you will not
Speaker 1: be able to vote where you live now, so double
Speaker 1: check all of that stuff, but it is all locked.
Speaker 1: In the next couple of days, I'll get the chance
Speaker 1: to actually have a look at the electoral role. It
Speaker 1: will literally tell me how many people perceive, how many
Speaker 1: are eighteen to twenty four, how many a fifty plus,
Speaker 1: how many a male, how many a female, all of
Speaker 1: this data and it helps us start to work out
Speaker 1: perhaps where things go once you start to marry them.
Speaker 1: On top of the electoral role. But today, under the
Speaker 1: cover of a backflip, under the distraction of newspot, finally
Speaker 1: the most unpopular premiere in the country appeared with a
Speaker 1: prime minister who until recently had what sixty percent of
Speaker 1: people now it's still above fifty sixty percent of people
Speaker 1: saying he was doing a poor or very poor job.
Speaker 1: And it was just as awkward as you think, Natalie.
Speaker 3: And Minister Natalie, I was just going to ask you
Speaker 3: if the Prime.
Speaker 2: Minister goes back to it in the state of Victoria
Speaker 2: on election night?
Speaker 1: Do you feel responsible?
Speaker 2: Will you feel guilty about.
Speaker 4: Fenial drag on the labor vote?
Speaker 1: Jesus looks good kill What about that last little glare
Speaker 1: that he's throwing. Of course, remember the primary vote for
Speaker 1: the Labor Party is lower with women than it is
Speaker 1: for the Liberal Party. But of course it's a liberal
Speaker 1: party that has its problem with women. Peter Dutton today, well,
Speaker 1: he did the backflip. He changed on rules when it
Speaker 1: comes to public servants and it was only ever public
Speaker 1: servants and they're right to work from home. Sadly that'll continue.
Speaker 1: As for the reduction of the public service, it won't
Speaker 1: be anyone who is currently employed. Instead it'll be they
Speaker 1: won't be replaced over the next five years. That doesn't
Speaker 1: apply to anyone who is on the front line. But
Speaker 1: big changes today for Peter Dutton.
Speaker 5: I think we've made a mistake in relation to this policy,
Speaker 5: and I think it's important that we say that and
Speaker 5: recognize it. And our intention always was to make sure
Speaker 5: that we're tax payers are working hard and their money
Speaker 5: is being spent to pay wages. It's been spent efficiently.
Speaker 1: I think it's a good thing. Much more to say
Speaker 1: about it in a moment or two's time, and then
Speaker 1: we'll discuss it. No silks, no lefties tonight, we're blokes
Speaker 1: who will not miss We will discuss that and a
Speaker 1: whole lot more. As for how the media spun things today,
Speaker 1: you may have noticed that I'm introducing this episode slightly
Speaker 1: differently because, believe it or not, today the media was
Speaker 1: reasonably tough or certainly they've gone from cuddles to now
Speaker 1: just fist bump with the Prime Minister. This couple of
Speaker 1: weeks is going to be important because clearly the people
Speaker 1: who love to cover politics they want to tighter race.
Speaker 1: So maybe that's why the questions were slightly different, but
Speaker 1: they were surprisingly kind of hard today for the PM.
Speaker 2: If you misrepresented the coalition's policy, sorry is not a
Speaker 2: word heard much from politicians, Prome Minister. Is there anything
Speaker 2: you'd like to apologize for, such as not delivering the
Speaker 2: one U and seventy five dollars reduction in power bill?
Speaker 3: What percentage of your own stuff do you allow to
Speaker 3: work from home?
Speaker 6: Does this widen the gap on how much people pay?
Speaker 1: By ensuring ensuring only the people that can afford these
Speaker 1: games have the ability to get their power bills down,
Speaker 1: but relax, he did get a few softies.
Speaker 6: So we've seen stock markets crash around the world. There's
Speaker 6: skiers of a global recession.
Speaker 3: If you remain prime minister after the election, how would
Speaker 3: you navigate that?
Speaker 1: But the Prime Minister uncomfortable with those glaring questions about
Speaker 1: being reminded how unpopular the Labor Party is in Victoria.
Speaker 1: There are huge problems from them there that could be
Speaker 1: the difference between the majority or the minority, and minority
Speaker 1: comes with it a whole collection of potential disasters if
Speaker 1: it happens. It happens largely because of at least four
Speaker 1: seats that are expected from the bookies to the pundits
Speaker 1: to the pole that will drop in Victoria. Depending on
Speaker 1: the mistakes that Allen makes between now and the election,
Speaker 1: that could get worse. Of course, if they're able to
Speaker 1: somehow throw away the key, well they might do a
Speaker 1: little better in the next couple of days. But there
Speaker 1: are big problems for the Labour Party in Victoria. Because
Speaker 1: Samaris used to work for the Labor Party. He's telling
Speaker 1: us and anyone who'll listen, you can see things nationally.
Speaker 1: But everything is of course one hundred and fifty one
Speaker 1: separate races, and there are state races within state races,
Speaker 1: so the power of the LNP. They're high vote in Queensland,
Speaker 1: the Labor Parties low vote right now, when it comes
Speaker 1: to Victoria, lots of seats in those more populous areas,
Speaker 1: so no offense to the less populated areas. But even
Speaker 1: if it's just one or two that change, that's not
Speaker 1: going to be enough really to change the color of
Speaker 1: the country. But it may well be the case when
Speaker 1: it comes to Victoria. As for Peter Dutton, relax, he
Speaker 1: still copped a tough time today. Of course he was
Speaker 1: always going to performing the backflip that he did when
Speaker 1: he did. But here are some of the questions, including
Speaker 1: one that he's answered I think a thousand times, but
Speaker 1: ask it anyway conveniently.
Speaker 6: You're in the city of churches.
Speaker 2: Will you be asking for forgiveness from female voters?
Speaker 7: What's your message to South Australian voters, particularly in both
Speaker 7: being scared watching their retirement savings be wiped away today?
Speaker 7: Who are worried about you becoming Donald Trump?
Speaker 2: From this is more than that this is a BACKFLI
Speaker 2: I mean, this was one of your signature policies.
Speaker 6: If you're making this kind of a mistake.
Speaker 2: During an election campaign, how can you be trusted as
Speaker 2: Prime minister?
Speaker 1: I deal with this in a moment or two's time.
Speaker 1: Remember the current prime minister promised everything you'd be better.
Speaker 1: Three years later, everything's worse when it comes to cost
Speaker 1: of living. But let's focus in on how could we
Speaker 1: dare trust you to be prime minister anyway? More of
Speaker 1: that in a moment or two's time. But I want
Speaker 1: to highlight this yet. Donald Trump is causing a fair
Speaker 1: amount of problems when it comes to stock markets around
Speaker 1: the world. Why because of the tariff policies that he's
Speaker 1: put on many countries, including Australia ten percent. Now remember
Speaker 1: this is ten percent on five percent of our exports.
Speaker 1: But some people will carry on like the skuy is
Speaker 1: about to fall in. It's not a good eye. I
Speaker 1: don't support it, but let's also not pretend that the
Speaker 1: world is about to end. That said, labor, of course,
Speaker 1: desperately want to run against Trump. They want to run
Speaker 1: it into this the second week, and they're trying as
Speaker 1: many times as possible to say it directly or euphemistically.
Speaker 4: President trum Trump, trum Trump rump.
Speaker 1: Trump or sometimes just with no subtly whatsoever. But let's
Speaker 1: talk about our old mate, grim Jim. Now remember the
Speaker 1: plan here, because if nasty nicky Sava is right over
Speaker 1: there in the Channel nine newspapers, Albou gets out of
Speaker 1: the way. If he gets re elected and Jim Chalmers
Speaker 1: slides in to become the next Prime Minister of Australia.
Speaker 1: Well today he was very po faced. This was a
Speaker 1: grim gym day, not a happy Jim day. Because you know,
Speaker 1: he's the steady pair of hands that has seen interest
Speaker 1: rates go up twelve times on his watch, the steady
Speaker 1: hand that has increased taxes, the steady hand that is
Speaker 1: now getting ready for at least a trillion dollars worth
Speaker 1: a debt and budget deficits for the next forty years.
Speaker 1: But now is the time when things are about to
Speaker 1: get rough.
Speaker 4: We still do expect Australian GDP to take a hit,
Speaker 4: and we expect there to be an impact on prices
Speaker 4: here as well. These escalating trade tensions are casting a
Speaker 4: dark shadow over the global economy.
Speaker 1: Now remember, for two of the past three years there
Speaker 1: has been a per capita recession where the citizens of
Speaker 1: the country have been going backwards. But the country was
Speaker 1: able to avoid a recession when growth got down to
Speaker 1: zero point one percent in a quarter. That was because of,
Speaker 1: among other things, pay rises or more public servants being hired,
Speaker 1: but definitely all to do with government spending. But now
Speaker 1: with the expectations of budget deficits, well, the conversation of
Speaker 1: recession is beginning. It is being discussed as we speak
Speaker 1: in the United States, and I have more to say
Speaker 1: about their markets in a moment. But Grimjim is standing
Speaker 1: there saying I got you through the tough times of
Speaker 1: the past three years, but I don't know if I
Speaker 1: can defend you against the tough times that are on
Speaker 1: our way. All of course, because of the Orange Man,
Speaker 1: who's bad because he put a ten percent tariff on
Speaker 1: five percent of our.
Speaker 4: Exports, markets are now expecting around four interest rate cuts.
Speaker 1: Sorry. So now the quasi election promise of the Treasurer
Speaker 1: is that because they can and as always economists, statisticians,
Speaker 1: long range weather forecasters, you'll always be able to find
Speaker 1: one that'll have your worldview. But he now says the
Speaker 1: majority of economists believe that because of the global recession.
Speaker 1: In order to get things running in Australia this year.
Speaker 1: This year there could be up to four interest rate cuts.
Speaker 1: Watch this on the campaign trial because obviously five dollars
Speaker 1: in fifteen months is garbage. People are still feeling tremendous
Speaker 1: pain from twelve interstrate rises and one ever so slight
Speaker 1: reduction tens of thousands of dollars families have had to find.
Speaker 1: So if this bloke's going to go out and say, well,
Speaker 1: you know, show working, we're going to see interest rates
Speaker 1: come down four times, now, why is he able to
Speaker 1: say that? Of course, the Reserve Bank is entirely independent,
Speaker 1: apart from the fact that the way it makes decisions
Speaker 1: now is off a panel that is handpicked by the
Speaker 1: Treasurer to help make the decisions rather than just the
Speaker 1: current board and with the greater importance on the role
Speaker 1: of the Reserve Bank chief. So watch this the next
Speaker 1: time you hear four interst rate reductions. Firstly, giant maybe. Secondly,
Speaker 1: this is from the bloke who told you that your
Speaker 1: power bill would go down by two hundred and seventy
Speaker 1: five dollars, but of course that didn't count because the
Speaker 1: modeling wasn't correct. So what happens if interest rates don't
Speaker 1: go down? By four times this year. Oh well, sorry,
Speaker 1: the modeling didn't work. But of course it doesn't matter.
Speaker 1: All of it like it was back then, is to
Speaker 1: survive the four five week campaigns, or in Malcolm Turmple case,
Speaker 1: the eight week campaign. What an electoral genius he was.
Speaker 1: So don't be swayed. But watch for this that the
Speaker 1: Australian economy is going to be ruined because of Donald Trump.
Speaker 1: The Australian economy will simultaneously be so bad that the
Speaker 1: good news is that there might be a drop in
Speaker 1: interest rates four times. Now, as a person trying to
Speaker 1: pay off a house, great, drop it eight times. Let's
Speaker 1: drop the full twelve and go back to where we
Speaker 1: were under the previous government. Amazing. Now, I'm not going
Speaker 1: to be trying to artificially keep these things up for
Speaker 1: any other reason other than with what the Reserve Bank
Speaker 1: may or may not choose to do. But a very
Speaker 1: not so subtle sleight of hand. But let's just take
Speaker 1: a second here to again just burst the bubble, to
Speaker 1: push back a little bit on the BS, because you
Speaker 1: are on the front lines of this election, regardless of
Speaker 1: what the polls say or the book you say. Just
Speaker 1: as I said, to you every single night of the
Speaker 1: twenty nineteen election. Nothing is inevitable. Nothing is inevitable about
Speaker 1: this election. Again, on all of the cat's whiskers, it
Speaker 1: says that Labor is getting slightly stronger, the coalition slightly weaker,
Speaker 1: and fifty one forty nine has now become forty nine.
Speaker 1: The other way, this thing is still raiser tight. Not
Speaker 1: a single person has voted yet. So how we all
Speaker 1: feel about the fundamentals of the past three years is
Speaker 1: going to matter. I give you the data, I give
Speaker 1: you the information. I show you the data. You've got
Speaker 1: to have the conversations. You've got to talk to your kids,
Speaker 1: your workmates, the person down the club, ask them about
Speaker 1: whether they feel they're better off than three years ago,
Speaker 1: and don't let them get distracted by garbage like oh
Speaker 1: but if I heard the Treasury say four interests, right,
Speaker 1: because that's the thing people are busy. Remind them that
Speaker 1: that is just made up by the same bloke who
Speaker 1: told them that their power bills would go down by
Speaker 1: two hundred and seventy five dollars. But let's talk about
Speaker 1: Jim Charmers and where he has taken the Australian economy.
Speaker 1: When he sits there, he has put together a budget
Speaker 1: that just what a couple of weeks ago was being delivered.
Speaker 1: In that budget, this bloke wanted to hide that what
Speaker 1: he used to say was Liberal Party debt is now
Speaker 1: Labor Party debt. One trillion dollars becomes one point one
Speaker 1: trillion dollars and not even in the same decade as
Speaker 1: the Brisbane Olympics, we hit one point two trillion dollars debt.
Speaker 1: So if this mob gets re elected this year, one
Speaker 1: trillion the year after we go into the next election.
Speaker 1: Believe it or not, you look at this at one
Speaker 1: point one or even one point two trillion dollars debt.
Speaker 1: And that's because under his leadership the economy which had
Speaker 1: an opportunity to have massive amounts of money that we
Speaker 1: could go and put into say things like structure, like
Speaker 1: rebuilding every hospital in Australia. Instead no buy off here,
Speaker 1: buy off there, create fake headlines that would fiddle with
Speaker 1: the inflation numbers and pretend the twenty five dollars a
Speaker 1: month for the biggest dimensions to the smallest of country
Speaker 1: shacks is somehow delivering on their failed promise, their lie
Speaker 1: at the last election of about two hundred and seventy
Speaker 1: five dollars when it comes to power bills. That means
Speaker 1: that we are not in a budget deficit for the
Speaker 1: next year or two years or three. According to the
Speaker 1: detailed documents of the budget papers, it's a decade of
Speaker 1: deficits that we are now staring down, where the government
Speaker 1: will spend more money than it brings in, and it
Speaker 1: will be bringing in record amounts of money. They will
Speaker 1: in total take that debt from this year nine hundred
Speaker 1: billion to the next financial year one trillion, one point
Speaker 1: one and one point two trillion dollars. And that's because
Speaker 1: they spend more than the money coming in, and that
Speaker 1: could be one hundred billion dollars of books that are
Speaker 1: grossly imbalanced. And every single dollar of every single year's
Speaker 1: budget deficit is added to the many many before all
Speaker 1: of the ones post Howard, all of that money is
Speaker 1: added and added and added and added and added, and
Speaker 1: that's how you get to one point two trillion dollars
Speaker 1: of debt on this government's watch. Now. Of course, Charmers
Speaker 1: has been the person putting together the budget for the
Speaker 1: past a few years, has been very focused on the
Speaker 1: political issues. But while the details this year was a
Speaker 1: decade worth of deficits. This bike also released in twenty
Speaker 1: twenty three, the Intergenerational Report. I talk about this every
Speaker 1: few nights because I want you to remember. This is
Speaker 1: basically the predictions of where our economy will be, where
Speaker 1: our society will go over the next day forty years.
Speaker 1: And I show you the chart that is in this document,
Speaker 1: prepared by the same people who prepare the budget. There
Speaker 1: will be a budget deficit every single year for the
Speaker 1: twenty twenties, the twenty thirties, twenty forties, the twenty fifties
Speaker 1: and all the way at this stage to twenty sixty three,
Speaker 1: which is forty years from when these predictions were being made. Now,
Speaker 1: this is despite the fact that the Australian population will
Speaker 1: very close to double in that period of time. In fact,
Speaker 1: the same documents they try to hide this number, so
Speaker 1: I find a cleaner graphic to tell you about this.
Speaker 1: So Australia's population, now, what about twenty seven twenty eight
Speaker 1: million by the twenty sixties. Get ready for forty four
Speaker 1: million people to live in Australia. An extra what twenty
Speaker 1: odd million people that will be in Australia. Yes, born here,
Speaker 1: but majority brought here over the next forty years, yet
Speaker 1: still the government will be spending more money that it
Speaker 1: is getting, even when you add an extra twenty billions, sorry,
Speaker 1: twenty million people to the plan. And while Jim Chalmers
Speaker 1: would love you to believe that the reason we're going
Speaker 1: to have deficits for the next ten years is because
Speaker 1: of Donald Trump, or for the next forty years because
Speaker 1: of Donald Trump and tariff policy, just a reminder, where
Speaker 1: was Donald Trump? And I'm not joking the exact date
Speaker 1: that the Intergenerational Report was released, he was in a
Speaker 1: Georgia prison where he was fodo was being taken for
Speaker 1: that world famous mugshot. When this report was being released,
Speaker 1: Donald Trump was on a path to the rest of
Speaker 1: his life in jail. As a result of that behavior,
Speaker 1: he got stronger. He of course ended up winning the
Speaker 1: nomination and became the president. And by the way, just
Speaker 1: a love a little reminder, somebody spotted a little detail
Speaker 1: about that mug shot, which was on T shirts and
Speaker 1: all the rest of it, just as a daily reminder
Speaker 1: about how far his return to politics has been just
Speaker 1: outside the Oval office. Egalized people, egoloid people have worked
Speaker 1: out that the mugshot hangs just outside the entrance to
Speaker 1: the Oval office, a daily, hourly, minute by minute, constant
Speaker 1: reminder of where we were. So for Jim Chalmers to
Speaker 1: pretend that everything is to blame with Trump. But don't worry.
Speaker 1: If I just say four interestraight cuts, you won't remember
Speaker 1: everything bad Trump's fault, everything good government management. But government
Speaker 1: management is not just a decade but budget deficits, with
Speaker 1: all of those deficits adding to the already one point
Speaker 1: two trillion dollars of debt in his own budget papers,
Speaker 1: not made up by writing thing tank his own budget papers.
Speaker 1: And the same people who say that debt hits on
Speaker 1: his watch at trillion dollars this year one point two
Speaker 1: in and around the next election are the ones telling
Speaker 1: us budget deficits have tens of billions of dollars, yet
Speaker 1: the Australian population surges by close to twenty million people.
Speaker 1: At the heart of the way the Labor Party has
Speaker 1: designed our finances is this problem. Do not fall for
Speaker 1: the distraction of the day. Do not fall for the
Speaker 1: same people who lied to you about power prices lying
Speaker 1: to you about interest rate cuts when on their watch
Speaker 1: interest rates went up twelve times, when it happened during
Speaker 1: the last federal election campaign. It was an indication, as
Speaker 1: Jim Chalmers said, of a cost of living crisis and
Speaker 1: a reason to get rid of the Liberal Party. Well,
Speaker 1: I say, twelve interest rate rises on top of that,
Speaker 1: even when the one reduction is still the reason to
Speaker 1: get rid of this Labor Party and the bloke who
Speaker 1: believes that in exchange for his bad deeds he will
Speaker 1: ascend to the prime ministership in the next three years.
Speaker 1: Or you can send a message and you can stop it.
Speaker 1: Forget the piles, forget the bookies. That is the closest
Speaker 1: science can tell us about what is going to happen.
Speaker 1: But nothing is inevitable in this election. Watch the shows,
Speaker 1: share the videos, read the articles at skynews dot com
Speaker 1: Dot are you ask people if they've started to think
Speaker 1: about the election, and if that comes down to I
Speaker 1: like that one but I don't like the other one,
Speaker 1: say hey, on Hall, over the past three years better
Speaker 1: or worse, would you trust the same people who've made
Speaker 1: it worse over the past three years with a global
Speaker 1: economy that may well get even worse in the next
Speaker 1: three years. Yeah, the answer is obvious. No. As for
Speaker 1: the stock exchange, now I'm going to venture into some
Speaker 1: dangerous territory here, and eat heads are going to start
Speaker 1: screaming at me. But I'm going to use a word
Speaker 1: called perspective. Now again for the four hundred and eighty
Speaker 1: eighth time. I have to say this each and every
Speaker 1: time because there are bad actors out there in social
Speaker 1: media or other people in the media who want to
Speaker 1: clap back at me because I criticize them. That's the
Speaker 1: way it works, which is that I don't support the tariffs.
Speaker 1: Australia's exposure to it is five percent of our exports,
Speaker 1: ten percent of the five percent, Okay, so hardly stuff
Speaker 1: that's going to end our economy. But you all know
Speaker 1: what's been happening in the past few days. And if
Speaker 1: you're somebody who was planning to pull all your money
Speaker 1: out of the stock exchange this week, well you're in drople.
Speaker 1: From the second the bell rang, it was carnage. More
Speaker 1: than one hundred and sixty billion dollars wiped off the
Speaker 1: Australian Stock Exchange in a matter of minutes.
Speaker 6: Nearly every Australian is poor at tonight.
Speaker 5: After global markets, including ours, went into a frightening spiral.
Speaker 1: The Trump tariff turmoil has sent even deeper shock waves
Speaker 1: across global markets today. Now again, I am not going
Speaker 1: to spin or pretend that this is anything other than bad,
Speaker 1: no question about it. What are you America seeze? Is
Speaker 1: the world catches a cult? You know how it works?
Speaker 1: Biggest economy in the world. Not pretending that we are
Speaker 1: not having bad days, bad weeks, potentially bad months. Hence
Speaker 1: why the person who is steering the Australian economy is
Speaker 1: some who shouldn't be the same person who lied to
Speaker 1: you about your power prices, took fifteen hundred dollars off
Speaker 1: ten median workers as an automatic tax return, and has
Speaker 1: put the budget into structural deficit for the next forty
Speaker 1: four zero years, starting at a trillion before we get
Speaker 1: to one point two trillion dollars in just three years.
Speaker 1: Imagine where we'd be in five, in ten, in fifteen,
Speaker 1: goodness forbid, in twenty thirty or forty years. But every
Speaker 1: Australian is poorer as a result of this today. Now look,
Speaker 1: Australians have huge exposure to the stock market, but anyone
Speaker 1: who is serious about superannuation knows to the closer you
Speaker 1: get to retirement, you don't have as much of your
Speaker 1: superannuation directly linked to the share market, you might want
Speaker 1: it because there's a chance of a higher return. But
Speaker 1: again I'm not giving financial advice. It's just common sense.
Speaker 1: Anyone who's been to a financial panther Simpson's term for
Speaker 1: financial planner knows that basically you're safe in things up
Speaker 1: the closer you get to the day that you need
Speaker 1: the money and the amount of money that's in the
Speaker 1: stock market. But everyone's saying what they're saying because it's
Speaker 1: a big, shocking number and these terrible days that have
Speaker 1: been behind us and most likely the into the future.
Speaker 1: For Donald Trump, who was of course a billionaire and
Speaker 1: a president and probably couldn't care less whether he becomes
Speaker 1: slightly richer or slightly poorer, because of course he's a
Speaker 1: bloke who's going to at the very least be on
Speaker 1: presidential pension for the rest of his life. He says
Speaker 1: that all of this is a beautiful thing to behold,
Speaker 1: but that he's talking about that the tariffs is put
Speaker 1: in place. Apparently a hundred nations have already been on
Speaker 1: the phone to say what can we do, what can
Speaker 1: we do to try to negotiate their way out of it,
Speaker 1: and Trump doesn't like when people ask him questions like
Speaker 1: this on Air Force one eve in the market at
Speaker 1: some point, you're unwilling to tolerate this idea of what
Speaker 1: Trump put is they're a threshold. I think your question
Speaker 1: is so stup. But an a minute, I think it's
Speaker 1: a I don't want anything to go down, but sometimes
Speaker 1: you have to take Matterson.
Speaker 6: To fix it up.
Speaker 1: There. All his theory is that this is the necessary medicine.
Speaker 1: And again, the people that play the you know, basically
Speaker 1: go all in with every role of the roulette will yep,
Speaker 1: they're going to have trouble in the next few days.
Speaker 1: The futures market, which is the indication of where the
Speaker 1: stock market will go when the market opens at I
Speaker 1: think twelve thirty austraight in time nine to thirty New
Speaker 1: York time, are down by another thousand points. It's gone
Speaker 1: down by quite a few thousand points. This thing was
Speaker 1: into the mid mid file I think forty five thousand
Speaker 1: now down to thirty seven thousand. And again, when you
Speaker 1: have a look at a graph over the past month,
Speaker 1: not great, shocking, frightening, no question about it. When you
Speaker 1: have a look at the overall stocks this one being
Speaker 1: the all ordinaries in Australia. You have a look at
Speaker 1: over the last month, you go, jeez, what happened, Well,
Speaker 1: you know what happened the past couple of weeks has
Speaker 1: taken place. Not fun, not good to look at, but
Speaker 1: just as part of the calm down factor and why
Speaker 1: people like Warren Buffett say, look, you don't play it
Speaker 1: day to day, you play it year to year. This
Speaker 1: is the stock market over the past five years in Australia. Yes,
Speaker 1: there is a dip right now. In fact, there is
Speaker 1: a fall right now, but compare that over time. Things
Speaker 1: are not great. But the idea that everyone's lost every dollar,
Speaker 1: it's nineteen eighty seven, it's nine to thirties. It's time
Speaker 1: to find a window. No, not true, not a great day,
Speaker 1: not pretending in any other fashion, but that's the case.
Speaker 1: And also in the American markets again, forty five thousand
Speaker 1: has become thirty eight thousand in terms of the dowd
Speaker 1: Jones and the overall indices. That looks like it'll drop
Speaker 1: by another thousand points. Again you look at that over
Speaker 1: one month. Yeah, that's terrible, huge percentage drop that has
Speaker 1: taken place. But let's have a look at it. Over
Speaker 1: the past five years, the American stock market has basically
Speaker 1: doubled in its worth since the pandemic, and that's not
Speaker 1: just replacing the losses, but essentially surging to twice the
Speaker 1: size of where it was in and around the days
Speaker 1: as we started to come out of the pandemic. Now again,
Speaker 1: can that thing drop all the way to the bottom, Yeah,
Speaker 1: of course it can. But just some perspective, because when
Speaker 1: you actually have a look at the stock exchange over
Speaker 1: all time and again, nobody was investing in ninety ten,
Speaker 1: in ninety who's still sticking around in twenty twenty five.
Speaker 1: But just perspective. Again, I do not say it because
Speaker 1: I understand deeply how the world of finance works. That's
Speaker 1: Ross and he show at four thirty Eastern each and
Speaker 1: every day. But if you're somebody who goes all in
Speaker 1: and plays the market every day, yep, you've had an
Speaker 1: absolute shocker. But for most people, when it comes to
Speaker 1: your retirement, as the time has rolled up, you should
Speaker 1: have been de risking things over the past few years.
Speaker 1: But again, your choice, your risk, your reward. But just
Speaker 1: some perspective. And I know I will get flamed for
Speaker 1: showing it. But just every now and then, when it
Speaker 1: comes to Trump and they say this guy is falling,
Speaker 1: go outside and double check with some of the great overreactions,
Speaker 1: both positively and negatively to Trump. Wait a week and
Speaker 1: see what happens. The likelihood of the stock market eventually
Speaker 1: turning around and people being able to buy a share
Speaker 1: for ten percent cheaper than it was two weeks ago. Yeah,
Speaker 1: there's enough people with enough money to buy those shares
Speaker 1: and eventually things go up. That's the Trump logic. We'll
Speaker 1: all find out whether he's got no idea or like
Speaker 1: many many many, many, many, many, many many many times
Speaker 1: before Trump ends up being right. I certainly hope so.
Speaker 1: In this case now, as you will have heard today,
Speaker 1: the big change was Peter Dundon had to admit that
Speaker 1: he was wrong. Now, I like anyone who is willing
Speaker 1: to turn around and say, you know what, I got
Speaker 1: it wrong, No question, I prefer if it didn't happen
Speaker 1: in the middle of an election campaign, because you don't
Speaker 1: want to get into that Julia Gillard area where we're
Speaker 1: going to hear from the real Julia, which is a
Speaker 1: sign of just how bad a campaign is. But she
Speaker 1: did go on to continue being Prime Minister until Kevin Rudd,
Speaker 1: of course, stabbed her in the back a couple of
Speaker 1: years later. We also know that working from home is
Speaker 1: now something that we have to admit and exempt is
Speaker 1: a permanent part of not just the way the public
Speaker 1: service works, but also the way that people work from home.
Speaker 1: Now labor at a spectacular job of b seeing what
Speaker 1: this policy actually was, pretending that any and everyone who
Speaker 1: works from home, that Peter Dutton will ban work from home. Well,
Speaker 1: of course the giant asterisk was it was only for
Speaker 1: public servants, and public servants are only a few hundred
Speaker 1: thousand of the many mini million people in this country
Speaker 1: who have a job. But you know, fats whatever, interest
Speaker 1: rates will fall four times in the next twelve months,
Speaker 1: hoping that you are barely paying attention, caring more about
Speaker 1: maths than about, say, the current or future state of
Speaker 1: your country. And Albo has also been ripping into the
Speaker 1: mere idea that Australia should reduce the number of public
Speaker 1: servants because he's increased it, and he's done so by
Speaker 1: a football stadium costing tens of billions of dollars. Put simply,
Speaker 1: the increase in the number of public servants is how
Speaker 1: he's been able to say we're not in a recession,
Speaker 1: just you were.
Speaker 8: And the idea that Peter Dutton wants to do two
Speaker 8: things when it comes to public servants. One questioned working
Speaker 8: from home, but secondly he's also said I want you
Speaker 8: to be at home seven days of work twenty four
Speaker 8: hours a day, because he's going to sack thirty six
Speaker 8: thousand public servant.
Speaker 1: The politics of public servants. I'm going to talk about
Speaker 1: in a second. He took his medicine today, He's cut
Speaker 1: this thing. It's gone. It's gone two weeks before people vote.
Speaker 1: Will label drop it, of course not, but it is
Speaker 1: now factually incorrect, even more so than the scare campaigns
Speaker 1: they have been running. Again. I like when somebody admits
Speaker 1: that they are wrong. There has been a political consequence
Speaker 1: to this, But then is there a political consequence for
Speaker 1: changing your mind? Who knows? But how many times have
Speaker 1: you sat around and heard I just wish somebody would
Speaker 1: admit that they were wrong every now and then. Well,
Speaker 1: that's exactly what Peter Dutton did today.
Speaker 5: I think we've made a mistake in relation to this policy,
Speaker 5: and I think it's important that we say that and
Speaker 5: recognize it. And our intention always was to make sure
Speaker 5: that where taxpayers are working hard and their money is
Speaker 5: being spent to pay wages, it's been sped efficiently.
Speaker 1: Why did he make this announcement today? Why did he
Speaker 1: make this announcement in South Australia. Well, it has a
Speaker 1: lot to do with the friend of the show, Nicole Flint.
Speaker 1: Nicole Flint, of course, for many elections, was re elected
Speaker 1: as the Member for Boothby, and we all hope that
Speaker 1: she becomes the Member for boo at that next federal election.
Speaker 1: Why was the announcement made today because one of the
Speaker 1: top twenty locations for public servants in Australia is the
Speaker 1: seat of Boothby. Cos Samaras, our friend from Redbridge released
Speaker 1: this a little bit earlier in the week, of course, Canberra,
Speaker 1: bean Fenner Eden Manero. These are all the things in
Speaker 1: and around the act Adelaide Clark, Franklin, Clark and Franklin
Speaker 1: of course being in Tasmania Sturt, a seat the Liberal
Speaker 1: Party currently holds, but the Greens think they might be
Speaker 1: able to with their preferences, push this one towards labor.
Speaker 1: It sits in the top ten. Then Wills, Brisbane, Melbourne,
Speaker 1: Griffith and Boothby. So for the Liberal Party to have
Speaker 1: one they're defending and one they're attacking in the top
Speaker 1: twenty is why the announcement was made there in that location.
Speaker 1: But for those who think that this thing dead, Barry cremated,
Speaker 1: it's all over. Pete Dutton did something very clever today,
Speaker 1: which was to recreate a moment that yes played out
Speaker 1: in the American election. But we are not talking about
Speaker 1: Trump here. The best policy that a liberal politician or
Speaker 1: candidate has to take to the election is to say
Speaker 1: they will have fuel tax. So today Peter Dutton in
Speaker 1: the fuel truck on the back of it, a giant
Speaker 1: sign either side of the fuel truck saying if you
Speaker 1: vote for the LMP, if you vote for the Liberal Party,
Speaker 1: twenty five cents cheaper petrol. Good smart. This is the
Speaker 1: message they must be relentless about because the truth is
Speaker 1: millions of people are apparently not paying attention right now,
Speaker 1: but if they start to see that, that is the
Speaker 1: central message when it comes to cost living, not the
Speaker 1: vague stuff that gets dropped in a press conference. This
Speaker 1: thing brings us back to where we should have been
Speaker 1: for the past three years. In fact, Garth Hamilton, the
Speaker 1: member in and around to Woomba. He has decided to
Speaker 1: start putting up signs out the front of every single
Speaker 1: petrol station in his electorate save twenty five cents vot
Speaker 1: It is huge reaction on social media. This is what
Speaker 1: every candidate, every MP needs to do. Turn every petrol
Speaker 1: station into a billboard making that point. And yes, I'm
Speaker 1: eating in the middle of the nid yank come out,
Speaker 1: We'll guess what go and nail it back in the
Speaker 1: next day. And by the way, again, this thing's over.
Speaker 1: The same resolve poll that tells us the Labor Party
Speaker 1: is getting stronger. Let's have a look at the issues.
Speaker 1: Why does the Prime Minister try to change the subject
Speaker 1: from these issues because he's losing on them. When it
Speaker 1: comes to economic management, the Liberals are winning. Which party
Speaker 1: is the best when it comes to keeping the cost
Speaker 1: of living low? The Liberals are winning which party is better?
Speaker 1: When it comes to crime and anti social behavior and
Speaker 1: taking it on? The Liberals are thumping it in And
Speaker 1: who is the best choice for my family? Oh what
Speaker 1: the Liberal Party? That's because Australians aren't marks. They know
Speaker 1: that the current Prime Minister lied his way into office.
Speaker 1: Three years ago. His promise was that everything would get
Speaker 1: cheaper under a labor government. You know it didn't. In fact,
Speaker 1: the real cost of keeping labor in power for the
Speaker 1: past three years would be more of the same. Fifty
Speaker 1: four thousand people lost their job in January. That's the
Speaker 1: latest numbers that we have. One point six million households
Speaker 1: are in mortgage stress, meaning they can't pay the mortgage.
Speaker 1: Two out of three people can't afford the rent. Three
Speaker 1: million people are on the verge of homelessness. Three point
Speaker 1: seven million Australian households will run out of food this week.
Speaker 1: Twenty nine and a half thousand businesses have gone bust,
Speaker 1: the highest supermarket prices you've ever paid, the highest taxes
Speaker 1: on alcohol, on smoking, on petrol, budget deficits for the
Speaker 1: next forty years, and one point two trillion dollars debt
Speaker 1: that starts this year. Is this election over? Hell? No
Speaker 1: is our conversation just getting started, bloody oath, quick break
Speaker 1: back with more nosooks. No left is looking forward to it.
Speaker 1: A senator, a future senator and our dear friends join
Speaker 1: us next or no socks now, Lefties and their guitars
Speaker 1: in hand. You can see him well on the hour,
Speaker 1: every hour because he's got that many shows and we
Speaker 1: love it. Can't get enough of James Morrow. Love you
Speaker 1: to see you, my friend, wait to be here, Polly campaign.
Speaker 1: The campaign show is on Campaign Confidential. Thank you Sunday Night,
Speaker 1: US Report Friday eight pm, Sunday Morning Outsiders. I love
Speaker 1: it all right, and the man is joining us next
Speaker 1: week is one of the Mavericks. If you've got a
Speaker 1: question for him, we'll be in tweetheads. And I'm pleased
Speaker 1: he's there. Senator Matt Canavan, thank you so much. Where
Speaker 1: are you tonight? Mate? Out and about in the real world.
Speaker 9: Yet down in Bunderberg tonight helping to launch David Bat's campaign.
Speaker 6: This is a great seat. Keith Pitt, you might remember,
Speaker 6: was here.
Speaker 9: I've gonenother great candidate David former state parliamentary policeman, fantastic Blake.
Speaker 1: Look at that photo. That's you can set your watch
Speaker 1: on that. Look at that. I love it all right.
Speaker 1: Let's get into it. Let's get into it now. Labour
Speaker 1: found another few billion dollars of other people's money, because
Speaker 1: who cares. We're in deficit for the next forty years.
Speaker 1: One point two trillion dollars in the next three is
Speaker 1: and it is to make sure that people who can
Speaker 1: afford to buy a battery for their house. That's the
Speaker 1: way to guarantee that your power bills just disappear. Matt,
Speaker 1: when you heard this one, did you think, oh goodness me,
Speaker 1: everyone's going to lose their seat. This is the best
Speaker 1: idea ever.
Speaker 6: Well, let's just confirms to me, Paul.
Speaker 9: In this election campaign, the Labor Party aren't really focused
Speaker 9: on the out of suburbs or here I am tonight
Speaker 9: in Bundenberg. They are really they see their pathway here
Speaker 9: to stay, to cling to power, to take back some
Speaker 9: of the green seats they lost in the last election.
Speaker 9: So that's why they're going for this sort of stuff.
Speaker 9: And keep in mind what this shows is the mutation
Speaker 9: of the once proud, working class based Labor Party to
Speaker 9: the one that now chases the votes of the rich
Speaker 9: with various forms of green tax seductions.
Speaker 6: I mean, realistically, and obviously.
Speaker 9: Only people with quite a lot of money are going
Speaker 9: to benefit from these substitces, because even after the subsidy,
Speaker 9: the battery going to be about ten thousand dollars. I mean,
Speaker 9: who has ten thousand dollars lying around to buy something
Speaker 9: like this, so certainly not those Australians struggling under the
Speaker 9: cost of living increases imposed by this government.
Speaker 6: And this is on top member. While they're in government.
Speaker 9: The Labor Party has introduced a substy scheme for electric vehicles,
Speaker 9: which they said would cost one hundred and thirty million
Speaker 9: dollars when they promised it before the last election. It's
Speaker 9: actually costing half a billion dollars a year and that's
Speaker 9: going to mainly people who have a fifty cent in
Speaker 9: the dollar tax rate or so, because if you don't
Speaker 9: have that sort of tax rate, you don't benefit from
Speaker 9: the eb taxi eduction.
Speaker 6: It's just going to rich people. Again.
Speaker 9: I think it's about time we have a government focuses
Speaker 9: on those people who are struggling in this country and
Speaker 9: not just serve the high income managerial class that think
Speaker 9: think we can save the planet through one battery and
Speaker 9: one EV a time everyt in every Austraine household.
Speaker 1: But didn't you know if we cut forty three percent
Speaker 1: of one percent of the world's games, everything will be
Speaker 1: okay in China apparently doesn't exist fit anyway, Jane.
Speaker 10: I mean Matt is right here, which is really you know,
Speaker 10: it's not about the rich, but it's about that sort
Speaker 10: of upper middle class and the lower upper middle class
Speaker 10: laptop classes that has now become the heart of those
Speaker 10: inner city seats that labor is so terrified of losing
Speaker 10: to the Greens. And you know, you'd be thinking about
Speaker 10: Tony Pleuversecond Sydney and an awful lot of other sort
Speaker 10: of inner city seats around Sydney and Melbourne and Brisbane.
Speaker 10: You know, don't forget Brisbane with the Greens there and
Speaker 10: everything like that.
Speaker 1: And that's it you lose for in Victoria. You replace
Speaker 1: them with three in Queensland and maybe one here.
Speaker 10: So you know, so there's two mass here. There's electoral
Speaker 10: mass and that's all they think about, and then there's
Speaker 10: the actual mass of the budget here and the mass
Speaker 10: of the you know what you're doing to cut emissions now,
Speaker 10: even if you assumed that cutting emissions was the thing
Speaker 10: that you had to do to save the planet and
Speaker 10: stop the existential crisis of climate change, spending all that
Speaker 10: money on a handful of domestic arrangements households to cut
Speaker 10: their emissions and let them store a bit of juice
Speaker 10: while they're still also on the grid. This, I mean,
Speaker 10: someone would have with a bigger brain than me, and
Speaker 10: that's not hard. Would have to work out you know,
Speaker 10: how many you know, dollars per bagel, wats per tough
Speaker 10: or whatever you're you're baking and saving there. This has
Speaker 10: to be about the least efficient way to cut emissions
Speaker 10: you can imagine. But it's all about the feel good factor.
Speaker 10: Oh look, Paul coming to the garage and look at
Speaker 10: I do Tesla power.
Speaker 1: Will look at all this, Look at all this nickel
Speaker 1: that I've got on my room. Yes, all this nickel? Yeah, yeah,
Speaker 1: you know, don't worry about the kids who have to
Speaker 1: dig it out with their hands. Nicola diving us, Paul correct.
Speaker 9: Forget how happy, don't forget how happy ill and muscle
Speaker 9: bas well, maybe that's what I should be helping now.
Speaker 1: Of course we know that the Labor Party just always
Speaker 1: playing four day chess. They know how to communicate better
Speaker 1: than anyone else in Australian politics. So here's blackapt bowing
Speaker 1: on Instagram today.
Speaker 6: These compare your remote control for your kitch choice.
Speaker 11: This can power your house. I reelected Albernezer government is
Speaker 11: going to introduce the Checker Home Battery Policy, which is
Speaker 11: a thirty percent discount on the cost of your average
Speaker 11: typical household battery.
Speaker 1: Would you buy a battery from that man? Now? Also
Speaker 1: a grim gim what about him today at a press conference,
Speaker 1: just sort of throwing it out there. Oh yeah, maybe
Speaker 1: like four interest rate cuts in the next twelve months.
Speaker 1: And of course simultaneously the Trump thing is so terrible
Speaker 1: that the world goes into a recession. But magically that
Speaker 1: would mean that interest rates are cut, hoping of course,
Speaker 1: that you won't pay attention to if this is the
Speaker 1: same logic as the people that tell us our budget
Speaker 1: is in deficit for the next forty four zero years
Speaker 1: rather the tape of charmers today four grim gym.
Speaker 4: Markets are now expecting around four interst rate cuts in
Speaker 4: Australia this calendar year. There's even a more than even
Speaker 4: money expectation in the markets, more than fifty percent expectation
Speaker 4: in the markets that the next Reserve bank interest rate
Speaker 4: cut in May might be as big as fifty basis points.
Speaker 1: James talking about just lobbing it out. They're hoping that
Speaker 1: people aren't paying attention.
Speaker 10: Well, I mean, look, I mean, is Jim Chovers then
Speaker 10: going to start saying, hey, thank you Donald Trump? You
Speaker 10: put those tariffs out there, you crash the market said,
Speaker 10: now we're looking at a fifty to fifty chance for
Speaker 10: a recession. Hey you, beauty, I get the credit for
Speaker 10: the interest rate cuts. Come on, I mean, is this
Speaker 10: what this guy is on about?
Speaker 1: For real?
Speaker 10: Look, I mean this is that sort of you know,
Speaker 10: all the adjudus grinning routine that he does, where he's
Speaker 10: trying to make everything look like it's all coming up
Speaker 10: millhouse for Jim Chalvers. You know, I can't believe that
Speaker 10: anybody doesn't see through this.
Speaker 1: Well, we'll see, We'll see in the next in a while, Matt. Obviously,
Speaker 1: at the heart of this is this bet that Trump
Speaker 1: is making. Now you can either view it as a
Speaker 1: permanent way of getting more money into the American economy.
Speaker 1: You can view it as ten percent on everything makes
Speaker 1: everything ten percent more expensive. You can view it as
Speaker 1: a negotiating tactic, meaning that whatever is like say, luxury
Speaker 1: cortex exists in Australia, all of those melt away, But
Speaker 1: what about labor trying to sort of run both sides
Speaker 1: of this. The worst days ever, but get ready for
Speaker 1: interest rate cuts.
Speaker 9: Yeah, I'll always get the feeling when Jim talks about
Speaker 9: serious matters like this, that he doesn't seem to think
Speaker 9: he's in charge. I mean, he is the treasurer, he
Speaker 9: could do something about it. Yet he's giving a report
Speaker 9: like he's the Common Bank chief economist telling.
Speaker 6: Telling Carl Stefanovitch.
Speaker 1: What's happening in much sense?
Speaker 9: I mean, mate, what's your response to this? Because clearly
Speaker 9: it's a very serious time for our country.
Speaker 6: I think the biggest risk here is that.
Speaker 9: Donald Trump may actually be serious about really trying to
Speaker 9: take down the Chinese economy. It's unclear exactly how that
Speaker 9: will play out, but clearly we are an economy that
Speaker 9: has become, unfortunately quite the reliant on economic growth in China,
Speaker 9: and if that takes a real stumble as a result
Speaker 9: of this trade wall, there are going to be serious
Speaker 9: for ramifications consequences for Australia. That deserves a proper serious
Speaker 9: response from our nation's treasurer. It is not just oh,
Speaker 9: there'll be some interest rate cuts. That's not going to
Speaker 9: cut at Jim. We need to have a serious, serious
Speaker 9: look at ourselves right now to the cut, red tape, taxes,
Speaker 9: government overreach that we are imposing on ourselves. Yes, and
Speaker 9: the way we've become so reliant on China. So yes,
Speaker 9: the tariffs are a big concern, but I think something
Speaker 9: it should be of more concern to our nation's treasurer
Speaker 9: is the self imposed tariffs that we place on ourselves.
Speaker 6: That we can actually do something about.
Speaker 9: The ridiculous climate reporting scheme that imposes on the Labor
Speaker 9: Party's own figures two point three billion dollars a year
Speaker 9: on business. Why don't we get that off the backs
Speaker 9: of Australian businesses so to free them up. The ridiculous
Speaker 9: ending of the small business asset right off, get that
Speaker 9: back in place so people can invest in this country again.
Speaker 9: We could do so many things to make our own
Speaker 9: economy run strongly. Why hasn't the treasure It focus on
Speaker 9: that than always hand passing it to somebody.
Speaker 1: Else to do bloody oath? Well said mate, standing over
Speaker 1: from all of us in the man just very quickly.
Speaker 10: You know, the IRBA says that every percentage the Chinese
Speaker 10: economy goes down, we're gonna get on half a percent.
Speaker 10: Handsome boy Albanzi should not be worried about getting seven
Speaker 10: seventy on blanc onto our chag Hi dinner tables. He
Speaker 10: should be worried about the things he can control, which
Speaker 10: is getting our products into other markets, not dependent on
Speaker 10: getting a pat on the head from JIJIPI.
Speaker 1: Correct, make medicines here, make things here, build things here.
Speaker 1: But of course for that you've got to bring down
Speaker 1: the power prices. We bring down the regulation exactly. Thank you, lads,
Speaker 1: do appreciate it. Matt, Thank you again for joining us
Speaker 1: at next Monday at Mavericks in Tweetheads. I look forward
Speaker 1: to seeing you there if you've got a question Formatt
Speaker 1: for Pauline Hanson and for the rest of.
Speaker 6: You should have so close to Queensland, you are so close?
Speaker 1: All right, well I'll meet you. I'll meet you in Cooley.
Speaker 1: I'll meet you in Cooley and I'll walk you over.
Speaker 1: All right, pop test it is next Monday. Thank you mate,
Speaker 1: looking forward to a pup test at Scotties dot com
Speaker 1: dot a you James, will see you on the Tellian
Speaker 1: readio in the paper. Do you see the NAPA Jeper
Speaker 1: price next? In lead up to this election, I always
Speaker 1: get us, so what do you think is going to happen?
Speaker 1: The second most popular question is where is Jacinta Nampajin Price?
Speaker 1: The Senator from the Northern Territory because she, of course
Speaker 1: was able along with Peter Dutton, along with the No campaign,
Speaker 1: to turn that referendum from sixty forty years to sixty
Speaker 1: forty No. She's a passionate and clear advocate for the
Speaker 1: things that she believes in. Well, the answer is she's
Speaker 1: here on Paul Murray Live tonight, Senator. Lovely to see you.
Speaker 1: People are desperate to see you in this election campaign.
Speaker 1: We saw you with the leader in the past couple
Speaker 1: of days. But when do you get out there, when
Speaker 1: do you get your hands dirty and when do we
Speaker 1: start to see you shaking the cages that we know
Speaker 1: you can so well.
Speaker 2: Yeah, look, I've been busy working very closely with our
Speaker 2: candidates here in the Northern Territory with Lisa c but
Speaker 2: our candidate for Lenkiarian Linkiyaria is a vast electric to
Speaker 2: get around and there's a lot of remote community as
Speaker 2: well as you know the track up the guts of
Speaker 2: the Northern Territory that links Alice Springs, Tenant Creek, Catherine
Speaker 2: and Darwin. And working also with our candidate at least
Speaker 2: of Valas in the seat of Solomon as well. I
Speaker 2: will be getting out and about to other parts of
Speaker 2: the country absolutely, and you know, making sure that territorians
Speaker 2: first and foremost understand what it means to bring about
Speaker 2: a change because we're hearing everywhere, you know, it's right
Speaker 2: around the country. We're hearing how difficult life is for everybody,
Speaker 2: including Territorians. They're doing it tough.
Speaker 1: Really important obviously that you're focus in there and around
Speaker 1: the territory because there are two seats in play now.
Speaker 1: A lot of people again they'll make the assumption about lingiari.
Speaker 1: I honestly think Solomon, when you look at that territory
Speaker 1: election and how labor just got blown away in and
Speaker 1: around Darwin, that's of course the population center that backs
Speaker 1: in that federal seat. Prime Minister's often pops in there
Speaker 1: but doesn't care about the seat. It's just a place
Speaker 1: to refuel while he's flying off to the to the
Speaker 1: rest of the world. So I think the territory focus
Speaker 1: makes obvious sense. That is your area of representation. But
Speaker 1: let's get into the wider sense of things. Look, the
Speaker 1: poles tell us that there's something's changed. The poles tell
Speaker 1: us to trend over the past four weeks. But part
Speaker 1: of the theme of my show tonight is to say
Speaker 1: to people, the fundamentals have not changed. The people who
Speaker 1: promise to make everything better three years ago have made
Speaker 1: everything worse. The people who say Donald Trump is to
Speaker 1: blame for everything in the economy told us from twenty
Speaker 1: twenty three that there'll be budget deficits until the twenty sixties.
Speaker 1: The same people who want to pretend that everything's fine
Speaker 1: are the people who've looked the other way when crime
Speaker 1: has got worse, so much so that it has been
Speaker 1: a major reason why there's been change of governments around
Speaker 1: the country. And to me, there's what the Canberra media
Speaker 1: wants to focus on, but then there's the fundamentals. And
Speaker 1: part of the task of trying to unseat this government
Speaker 1: is going back to those fundamentals. Am I off the
Speaker 1: mark here? Mate?
Speaker 2: Oh no, you're completely on the mark. That is absolutely true.
Speaker 2: I mean, let's not just look at this week and
Speaker 2: the next couple of weeks in front of us, but
Speaker 2: let's look at the last three years and the situation
Speaker 2: that we're currently faced with right now, where everything has
Speaker 2: gone up at least ten percent in terms of the
Speaker 2: cost of living, Where you know, I'm going to become
Speaker 2: a grandmother this year, and I keep saying that, but
Speaker 2: I'm very excited about that. But look, my kids are
Speaker 2: finding it difficult to try and get into the housing market,
Speaker 2: you know. And this is the future that the Albanesi
Speaker 2: government is setting up for our kids and our grandkids,
Speaker 2: one that's bleak, one where we're paying back this incredible
Speaker 2: debt that's hanging over our heads instead of creating a
Speaker 2: prosperous economy where everybody can do well and you know,
Speaker 2: be able to be able to attain their dreams going forward.
Speaker 2: That's what we really have to look at. Are you
Speaker 2: better off now than what you were through three years
Speaker 2: ago under Albanezi bloody oath.
Speaker 1: She is fantastic, isn't she? Just sit? An ap Jenterprise
Speaker 1: full version of that conversation up soon. It's gone news
Speaker 1: dot com dot you see tomorrow, straight after the People's
Speaker 1: for them