WEBVTT - Credlin | 14 July 0:00:02.360 --> 0:00:06.319 Peedo Kredlin live on Sky News Australia. 0:00:08.240 --> 0:00:11.440 Well, good evening and welcome to the show. Here's what's 0:00:11.480 --> 0:00:15.840 coming up on credline. Fresh warnings tonight about the extent 0:00:15.960 --> 0:00:20.520 of alleged corruption on Victoria's big build sites, with revelations 0:00:20.560 --> 0:00:24.720 the Victorian labor government cave to union pressure on a 0:00:24.840 --> 0:00:26.439 taxpayer funded project. 0:00:26.880 --> 0:00:28.200 More on that shortly. 0:00:29.240 --> 0:00:32.239 More budget pressure for labor with calls to lift the 0:00:32.360 --> 0:00:36.400 turnover ceiling and scrap a ten million dollar lifetime cap 0:00:36.440 --> 0:00:41.560 as part of CGT carveouts for startups. Newpolling and Victoria 0:00:41.680 --> 0:00:45.159 shows one nation ahead of the major parties. So what 0:00:45.200 --> 0:00:48.240 does this mean for Premier Deciner Allen's leadership? 0:00:48.920 --> 0:00:51.720 And President Donald Trump is vowing. 0:00:51.360 --> 0:00:54.639 To charge fees to use the straight ofform moos, what 0:00:54.720 --> 0:00:56.920 impact will this have on Australia. 0:00:57.400 --> 0:01:00.440 I want to hear BURSA because we're protecting a very 0:01:00.520 --> 0:01:03.640 rich portion of the world. We're spending money and so 0:01:03.800 --> 0:01:06.280 what we've done is we are going to be reimbursed 0:01:06.280 --> 0:01:10.720 for protection we're protecting by the countries that we're helping. 0:01:12.720 --> 0:01:17.840 Today's housing headlines should concern every Australian, not just those 0:01:17.920 --> 0:01:21.480 trying to buy a home, but anyone who already owns one. 0:01:22.120 --> 0:01:25.720 The ripple effects of Labour's housing overhaul are becoming clearer 0:01:25.760 --> 0:01:29.280 by the day. The government said the tax changes wouldn't 0:01:29.360 --> 0:01:31.840 cause a dramatic fall in house prices. 0:01:32.319 --> 0:01:33.800 Here is the Prime Minister. 0:01:34.160 --> 0:01:38.880 Treasury has done modeling which shows that they'll still continue 0:01:38.880 --> 0:01:41.959 to be an increase, but it will be smaller than 0:01:42.000 --> 0:01:43.080 it would have been otherwise. 0:01:44.600 --> 0:01:47.240 But today's data tells a very different story. 0:01:47.880 --> 0:01:53.280 Instead of simply growing more slowly, they're plummeting. According to Cotality, 0:01:53.400 --> 0:01:56.240 property prices in parts of Sydney fell close to ten 0:01:56.280 --> 0:01:58.080 percent in just three months. 0:01:58.560 --> 0:01:59.440 For homeowners. 0:01:59.560 --> 0:02:03.520 That means years of hard earned equity wiped away in 0:02:03.560 --> 0:02:06.880 a matter of months, and spare a thought for retirees 0:02:07.000 --> 0:02:11.320 and downsizes, a group this government too often seems to forget. 0:02:11.720 --> 0:02:15.000 For many of them, the family home is their retirement plan. 0:02:15.639 --> 0:02:17.760 It's what they were counting on to fund the next 0:02:17.760 --> 0:02:21.640 stage of their lives. But when property values fall, so 0:02:21.800 --> 0:02:25.000 does their buying power. A retiree who could have sold 0:02:25.040 --> 0:02:28.400 twelve months ago and comfortably moved into a smaller unit 0:02:28.800 --> 0:02:32.360 may no longer be able to and the financial loss 0:02:32.480 --> 0:02:35.359 is only part of it. A real estate agent in 0:02:35.400 --> 0:02:38.280 Greenwich says we need to be talking about the mental 0:02:38.320 --> 0:02:40.400 health impacts of this downturn. 0:02:41.639 --> 0:02:44.080 We're not hearing a lot about the mental anguish, the 0:02:44.160 --> 0:02:48.919 stress a distant causing on retirees, older people, and what's happening, 0:02:49.000 --> 0:02:51.720 particularly on the Upper North Shore mark is twelve months 0:02:51.720 --> 0:02:53.720 ago they may have been able to downsize if they 0:02:53.760 --> 0:02:57.120 had a property worth three four million dollars. Now they're losing. 0:02:57.120 --> 0:02:59.640 They're not even getting two point nine two point five 0:02:59.760 --> 0:03:02.919 for property, which is having a direct impact on their 0:03:02.960 --> 0:03:07.560 ability to purchase a second hand or even a new unit, 0:03:07.639 --> 0:03:11.280 a smaller unit perhaps with no stairs, level living. And 0:03:11.360 --> 0:03:15.079 the mental anguish and the health concerns that's causing these people, 0:03:15.639 --> 0:03:17.359 some of them are trying to get into nursing homes 0:03:17.639 --> 0:03:19.680 is absolutely devastating. 0:03:20.440 --> 0:03:22.000 And the impacts don't end there. 0:03:22.440 --> 0:03:26.639 The Australian newspaper reports today that Australia's two point three 0:03:26.680 --> 0:03:31.959 million property investors are rapidly changing strategy. Rather than buying 0:03:32.120 --> 0:03:36.000 established homes, they're turning to new bills, creating a battle 0:03:36.080 --> 0:03:39.920 for first home buyers. So Australians are once again asking 0:03:40.440 --> 0:03:44.360 did the government understand the consequences of its own policy? 0:03:45.040 --> 0:03:47.720 A buyer's agent explained to Mike Levy on two GB 0:03:48.120 --> 0:03:51.280 why these changes could make it harder for young Australians 0:03:51.360 --> 0:03:52.960 trying to break into the market. 0:03:53.720 --> 0:03:56.280 Let's just be rich for a second. So I used 0:03:56.320 --> 0:03:58.760 to buy two million dollar negatively get property, right, be 0:03:58.760 --> 0:04:00.960 could I chunk take a bit chunk off my tax 0:04:01.040 --> 0:04:03.760 bill and all elbows thrown a little spanner in for 0:04:03.880 --> 0:04:07.080 negative gearing. So I'm still rich. I've still got money, 0:04:07.280 --> 0:04:08.920 but the top end of the market doesn't. 0:04:08.720 --> 0:04:09.600 Make sense anymore. 0:04:09.760 --> 0:04:12.440 So what we're seeing is people are now breaking that up. 0:04:12.480 --> 0:04:14.920 The rich people are breaking it up into three or 0:04:14.960 --> 0:04:18.200 four affordable properties and then putting that money into the 0:04:18.240 --> 0:04:20.240 area where all the first home buyers are. And all 0:04:20.279 --> 0:04:23.159 of my rich mates they're all doing exactly the same thing. 0:04:23.480 --> 0:04:25.800 So right now we've got this bit of a lull 0:04:25.920 --> 0:04:29.240 period where people are just scared of making decisions. And 0:04:29.279 --> 0:04:31.320 then what's that doing to the affordable end. We've got 0:04:31.320 --> 0:04:33.960 rents rising in Sydney for fifty dollars a week or 0:04:34.279 --> 0:04:37.719 fifty dollars already units thirty dollars, So it's going to 0:04:37.760 --> 0:04:41.440 then make it harder for the normal everyday Australian to save. 0:04:42.839 --> 0:04:46.600 The irony is hard to ignore. Labor wanted to discourage 0:04:46.640 --> 0:04:51.159 property investors. Instead, many are simply turning their attention away 0:04:51.160 --> 0:04:54.919 from established homes to new builds, putting them in direct 0:04:54.960 --> 0:04:58.880 competition with first home buyers. Yet Housing Minister Clara O'Neil 0:04:59.000 --> 0:05:03.000 insists changes will help out those first home buyers. 0:05:03.760 --> 0:05:06.479 What the budget changes do do is put first home 0:05:06.480 --> 0:05:08.799 buyers on a level playing field for the first time. 0:05:09.080 --> 0:05:11.279 We've got home ownership rates for young people around this 0:05:11.320 --> 0:05:14.200 country crashing through the floor, and our government is stepping 0:05:14.279 --> 0:05:16.480 up and making real change to give first time buyers 0:05:16.480 --> 0:05:17.279 a shot they deserve. 0:05:18.760 --> 0:05:21.240 But if the goal was to make housing more affordable, 0:05:21.440 --> 0:05:25.560 has it actually worked? House prices might be falling, but 0:05:25.600 --> 0:05:28.960 affordability isn't just about the sticker price of a home. 0:05:29.440 --> 0:05:33.120 It's about whether Australians can actually save a deposit, get 0:05:33.120 --> 0:05:36.840 a mortgage and compete in a market where demands still 0:05:37.240 --> 0:05:42.400 far outweigh supply. Senator Andrew Bragg says that's exactly. 0:05:42.120 --> 0:05:43.560 What this debate is missing. 0:05:44.320 --> 0:05:46.839 And now house prices are too high from a young 0:05:46.880 --> 0:05:50.320 person's perspectively, no doubt about that. And all this is 0:05:50.360 --> 0:05:53.400 going to do is highlight that young people can't afford 0:05:53.440 --> 0:05:54.440 to buy these houses. 0:05:54.760 --> 0:05:58.080 So ultimately you're satisfied in seeing house prices declining. 0:05:58.400 --> 0:06:00.960 If that's going to help young people get in, then 0:06:01.000 --> 0:06:02.599 that's a good thing. But I make the point that 0:06:02.680 --> 0:06:06.440 it's not about the actual price, it's about affordability, and 0:06:06.520 --> 0:06:09.279 affordability has been smashed by this government because they've let 0:06:09.600 --> 0:06:12.040 almost two million people into the country and they've only 0:06:12.040 --> 0:06:14.080 built about six hundred thousand house It doesn't. 0:06:15.120 --> 0:06:16.159 And that's the reality. 0:06:16.520 --> 0:06:20.080 Unless Australia builds enough homes to keep up with population growth, 0:06:20.400 --> 0:06:24.239 young Australians will still struggle to buy one. Housing isn't 0:06:24.400 --> 0:06:27.960 just another political issue. It is the single biggest store 0:06:27.960 --> 0:06:32.159 of wealth in this country. Around thirteen trillion dollars is 0:06:32.200 --> 0:06:36.119 tied up in residential property. That's more than Australians hold 0:06:36.200 --> 0:06:42.120 in superannuation shares and commercial property combined. So when governments 0:06:42.279 --> 0:06:46.880 fundamentally change the housing market, the consequences don't stop at 0:06:46.920 --> 0:06:47.800 home values. 0:06:48.120 --> 0:06:50.720 It ripples through the entire economy. 0:06:51.480 --> 0:06:54.080 There's a reality here, and that is the wealth effect 0:06:54.120 --> 0:06:58.160 of home prices. If home prices established, home prices are falling, 0:06:58.480 --> 0:07:02.920 Australians spends They spend less on furniture, on cars, on 0:07:03.000 --> 0:07:06.160 home renovations, on a whole range of things. Home Builders 0:07:06.279 --> 0:07:09.000 don't build when home prices are falling, and the reason 0:07:09.120 --> 0:07:11.960 is because there is no buying demand out there to 0:07:12.080 --> 0:07:15.000 buy those times, and so therefore the impact on the 0:07:15.040 --> 0:07:17.400 economy can be especially done. 0:07:18.760 --> 0:07:22.480 That's why housing policy is too important to experiment with, 0:07:23.080 --> 0:07:27.080 because when governments get it wrong, Australians pay the price. 0:07:31.440 --> 0:07:35.640 What I'm about to discuss is deeply confronting. It involves 0:07:35.680 --> 0:07:39.440 the alleged abuse of children in childcare centers. But it's 0:07:39.480 --> 0:07:45.160 a conversation. We must have today's headlines name another alleged 0:07:45.280 --> 0:07:49.760 childcare offender. How was our system allowed this to potentially 0:07:49.840 --> 0:07:54.120 happen again? Parents would have read these headlines today and 0:07:54.160 --> 0:07:58.320 then done something almost imaginable. They still had to drop 0:07:58.360 --> 0:08:02.000 their children at childcare and go to work because for 0:08:02.080 --> 0:08:06.160 most Australian families today, two incomes aren't a luxury, it's 0:08:06.200 --> 0:08:10.960 a necessity. Parents leave their children at childcare believing they're 0:08:10.960 --> 0:08:12.880 in the safest possible hands. 0:08:13.400 --> 0:08:14.320 I know that feeling. 0:08:14.400 --> 0:08:17.040 I've dropped my two boys at childcare in the past 0:08:17.120 --> 0:08:20.720 and had to drive to work. Every parent does that. 0:08:20.720 --> 0:08:25.240 That trust is sacred, and when that trust is allegedly broken, 0:08:25.680 --> 0:08:29.679 the consequences last a lifetime. The man at the center 0:08:29.760 --> 0:08:33.040 of today's headlines is facing more than three hundred and 0:08:33.080 --> 0:08:36.280 twenty charges over his alleged abuse. 0:08:36.000 --> 0:08:37.480 Of one hundred and fifty children. 0:08:38.080 --> 0:08:41.120 Police say he worked at more than sixty childcare centers 0:08:41.200 --> 0:08:45.040 during his career, with the alleged abuse occurring at ten 0:08:45.200 --> 0:08:46.199 of those places. 0:08:47.200 --> 0:08:50.960 The abuse of trust we alleged has occurred is devastating 0:08:51.360 --> 0:08:55.199 and will have life long ramifications for victims and their families. 0:08:56.320 --> 0:08:58.360 All I can say is we never gave up and 0:08:58.400 --> 0:09:00.920 we never will. 0:09:01.000 --> 0:09:04.960 But how does someone move through that many workplaces without 0:09:04.960 --> 0:09:08.040 the system stopping them? And this isn't the first time 0:09:08.200 --> 0:09:12.440 serious questions have been raised about Australia's childcare system. Just 0:09:12.559 --> 0:09:15.920 last week, another childcare worker was jailed for sexual offenses 0:09:15.920 --> 0:09:20.000 against nine children, and we all remember the horrific allegations 0:09:20.000 --> 0:09:24.080 that rocked Melbourne's childcare sector last year. At some point 0:09:24.240 --> 0:09:27.959 we must stop simply reacting to these stories and start 0:09:28.080 --> 0:09:32.120 fixing the system that allows them to happen. This tragedy 0:09:32.200 --> 0:09:37.160 also exposes something else. Australia has become heavily reliant on 0:09:37.400 --> 0:09:42.559 large childcare centers. Parents need more options for care, whether 0:09:42.600 --> 0:09:45.199 that's nanny's, grandparents. 0:09:44.640 --> 0:09:45.880 Or home based careers. 0:09:46.480 --> 0:09:50.719 Governments must do more to give families choice rather than 0:09:50.800 --> 0:09:55.400 forcing everyone into the same system. Childcare choice advocate von 0:09:55.480 --> 0:09:58.200 Hosking says the news is hard for parents. 0:09:58.920 --> 0:10:02.720 This is one of the worst alleged childcare abuse cases 0:10:03.160 --> 0:10:06.800 in Australia's history and it's a gut punch to every 0:10:06.840 --> 0:10:13.160 single family who's had no option but to trust the system. 0:10:13.920 --> 0:10:15.040 Parents to serve better. 0:10:15.880 --> 0:10:18.120 Children deserve better. 0:10:18.800 --> 0:10:20.280 And missus Hoskin is right. 0:10:20.840 --> 0:10:24.840 We must do everything possible to protect children because if 0:10:24.880 --> 0:10:29.599 we're not, then we cannot keep pretending this system is working. 0:10:33.559 --> 0:10:33.679 Well. 0:10:33.760 --> 0:10:34.800 Let's said to Canberra Now. 0:10:34.840 --> 0:10:38.600 For tonight's political headlines were Sky Near's political reporter cam. 0:10:38.440 --> 0:10:42.560 Redden Good Evening Opposition leader Angus Taylor says he's not 0:10:42.679 --> 0:10:46.000 conflicted about whether to criticize one Nation, but is stopping 0:10:46.080 --> 0:10:49.040 short of declaring outright war on the party. 0:10:49.520 --> 0:10:51.280 I say what I say about one nation with a 0:10:51.320 --> 0:10:53.880 heavy heart. Frankly, I say it with a heavy heart. 0:10:54.040 --> 0:10:57.640 Why Well, the reason well, because I know many of 0:10:57.720 --> 0:11:01.520 the good people I want voting for us I have, 0:11:01.720 --> 0:11:05.280 so you're inflicted when they're taking here I am. I 0:11:05.320 --> 0:11:08.160 am not conflicted. They do not have a plan for 0:11:08.200 --> 0:11:09.560 the future of this country. 0:11:09.840 --> 0:11:13.040 The Prime Minister will tomorrow deliver a landmark speech on 0:11:13.240 --> 0:11:17.320 artificial intelligence. It's being billed as his most significant address 0:11:17.440 --> 0:11:18.240 on the issue. 0:11:18.520 --> 0:11:21.200 One of the concerns I have is when the Prime 0:11:21.200 --> 0:11:25.240 Minister makes his statement tomorrow, he'll move the country towards 0:11:25.280 --> 0:11:26.319 too much regulation. 0:11:26.679 --> 0:11:29.880 The government has been facing calls from Australian creatives like 0:11:30.000 --> 0:11:33.040 artists and musicians, who argue the big tech companies have 0:11:33.080 --> 0:11:36.360 been ripping off their work to train AI models without 0:11:36.440 --> 0:11:37.640 sufficient compensation. 0:11:38.080 --> 0:11:41.720 The Abanez government is committed to the robust copyright framework 0:11:41.800 --> 0:11:43.320 that Australia enjoys. 0:11:43.760 --> 0:11:46.559 Cameron Reddin's Sky News Canberra. 0:11:47.559 --> 0:11:50.240 Another busy week in news and who better to look 0:11:50.320 --> 0:11:54.320 under the bonnet than Sky News political editor Andrew Clenell, Andrew, 0:11:54.440 --> 0:11:55.200 great to see you. 0:11:56.280 --> 0:11:58.520 Let's start now with the straight of horn. 0:11:58.360 --> 0:12:01.920 Moves, because both the oppice position and the Government have 0:12:02.040 --> 0:12:06.800 been very swift to pretty much condemn President Trump's idea 0:12:06.880 --> 0:12:09.760 about this twenty percent levy on ships that are going 0:12:09.800 --> 0:12:12.920 through the Strait of Horror moves. Dan teen has urged 0:12:12.960 --> 0:12:15.800 the Prime Minister to flag the concerns directly with the 0:12:15.800 --> 0:12:19.120 White House. But when you hear comments like that, in 0:12:19.160 --> 0:12:22.000 all honesty, would Donald Trump listened to anything that we 0:12:22.080 --> 0:12:25.040 had to say when it came to a comment regarding 0:12:25.480 --> 0:12:27.800 tariffs and levies in the strait of Horn moves? 0:12:27.840 --> 0:12:30.199 Well, that's why I think, Anthony Albenize, you'll stay out 0:12:30.240 --> 0:12:32.720 of it. But is it just an idle threat? I mean, 0:12:32.920 --> 0:12:35.040 you've got to wonder that, especially when it's a social 0:12:35.080 --> 0:12:38.199 media post by Donald Trump. He he throws these things 0:12:38.240 --> 0:12:41.560 out there. You've got to take it a little less 0:12:41.600 --> 0:12:44.560 literally than we're accustomed to in political reporting. 0:12:44.600 --> 0:12:46.079 I think, and I think it is just. 0:12:46.880 --> 0:12:52.800 A threat out there, you know, kind of a flash 0:12:53.200 --> 0:12:55.719 in his head saying that. I mean, it's exactly what 0:12:55.760 --> 0:13:00.640 Iram was condemned for suggesting a similar proposal. So the 0:13:00.640 --> 0:13:03.880 international community is not going to cop that. But it 0:13:03.960 --> 0:13:07.480 illustrates the mess that the situation's created. I mean, we 0:13:07.480 --> 0:13:09.520 were in a situation where we kind of thought the 0:13:09.559 --> 0:13:12.280 petrol prices are going to come down, the XIS cut 0:13:12.400 --> 0:13:15.480 can come off. The government kept it halfway because they said, 0:13:16.400 --> 0:13:19.040 you know, this thing might not be over yet. And 0:13:19.240 --> 0:13:23.280 sure enough at eight and you know, the suspicion is 0:13:23.320 --> 0:13:25.360 now it could still go for another few months. So 0:13:26.559 --> 0:13:29.240 perhaps we all celebrated early on the war to concern. 0:13:29.520 --> 0:13:31.640 Well, the government has said that we shouldn't worry when 0:13:31.640 --> 0:13:34.600 it comes to fuel. What are some of the things 0:13:34.600 --> 0:13:38.360 that you're hearing? Are they quietly a lot more concerned 0:13:38.360 --> 0:13:41.880 when it comes to Bowen and out fuel resources and imports. 0:13:42.679 --> 0:13:44.520 I think it's one of those things where they've done 0:13:44.520 --> 0:13:48.720 the work, so for three months it's okay. After that though, 0:13:49.040 --> 0:13:51.440 surely they're worried. So that's that's kind of what we're 0:13:51.440 --> 0:13:54.480 looking at. And so you know it can't go on forever. 0:13:54.600 --> 0:13:56.439 But I think if it goes on another two or 0:13:56.440 --> 0:13:59.800 three months, were okay, But gee, it's a locker room 0:14:00.000 --> 0:14:02.160 situation than it was a week ago, that's for sure. 0:14:02.640 --> 0:14:05.839 Well let's come to some domestic issue now, and one 0:14:05.880 --> 0:14:07.600 in particular, Andrew. 0:14:07.600 --> 0:14:10.040 We are still talking about this budget and it is 0:14:10.080 --> 0:14:12.000 now months on the latest. 0:14:12.280 --> 0:14:16.320 Is Labor now under pressure to dramatically lift the turnover 0:14:16.440 --> 0:14:20.120 ceiling and scrap the ten million lifetime cap and this 0:14:20.160 --> 0:14:22.760 is around its capital gains tax carve. 0:14:22.520 --> 0:14:23.720 Out for startups? 0:14:24.400 --> 0:14:26.440 What are you hearing when it comes to this and 0:14:26.520 --> 0:14:28.600 are they likely to do more changes as well. 0:14:28.680 --> 0:14:31.040 I think that will do more changes, And I think it's. 0:14:30.880 --> 0:14:35.480 A it's messy because it should be sort of by 0:14:35.560 --> 0:14:37.280 now you've had legislation through. 0:14:38.520 --> 0:14:40.600 Now they sort of put out this options paper. 0:14:40.640 --> 0:14:43.800 I mean, it all feels a bit us about, if 0:14:43.840 --> 0:14:46.280 I can use that term, really, I mean, this is 0:14:46.320 --> 0:14:49.720 why traditionally, you like John Howard did a big GST 0:14:49.880 --> 0:14:53.360 lock up, then he did a budget. You know, they say, well, 0:14:53.440 --> 0:14:55.600 a lot of changes made to the GST, but these 0:14:55.640 --> 0:14:59.080 seem somewhat more significant. And then we had the Henry 0:14:59.120 --> 0:15:02.280 Tax review. You've got that proposals all out there and open, 0:15:02.360 --> 0:15:05.880 and during that period people can come up with holes 0:15:05.880 --> 0:15:08.560 in it, you know. But if you sort of have 0:15:08.760 --> 0:15:12.240 just a few little leaks come out and then whack 0:15:12.280 --> 0:15:14.560 it in a budget on budget night, this is fact, 0:15:14.560 --> 0:15:17.640 this is happening, that's where you get issues. And it 0:15:17.680 --> 0:15:20.360 did appear like until there was stories a couple of 0:15:20.440 --> 0:15:22.880 days before the budget, they hadn't really thought of startups 0:15:23.480 --> 0:15:26.040 because they changed the capital gains system so you can 0:15:26.040 --> 0:15:29.040 claim indexation, but startups start from zero. It has no 0:15:29.160 --> 0:15:32.560 value to start with, so they can't claim indexation. And 0:15:32.600 --> 0:15:34.760 that was always a problem. So then oh, okay, we're 0:15:34.760 --> 0:15:37.240 going to exempt startups. But then all these conditions and 0:15:37.240 --> 0:15:40.640 they're very contentious, So I mean, you know, we know 0:15:40.720 --> 0:15:42.480 one thing for sure, people are going to lose out. 0:15:42.520 --> 0:15:45.760 Business is going to lose out. That's probably not good 0:15:45.800 --> 0:15:49.040 for the economy. It does make you sort of wonder 0:15:49.480 --> 0:15:51.880 would they have been better off just doing the negative 0:15:51.920 --> 0:15:55.520 gearing change, not the capital gains change? Have they bitten 0:15:55.560 --> 0:15:57.680 off more than they can chew with capital gains tax 0:15:57.720 --> 0:16:01.120 because it doesn't just affect property because of rate rises, 0:16:01.160 --> 0:16:03.920 the property markets on the way down anyway. That's good 0:16:03.960 --> 0:16:05.600 for first time buyers, but it's not going to be 0:16:05.680 --> 0:16:07.960 popular with many Australians or for homeowners. 0:16:09.720 --> 0:16:10.760 It does appear messy. 0:16:10.800 --> 0:16:14.680 But despite this, largely because the opposition isn't performing that 0:16:14.800 --> 0:16:18.680 well and one nation's threatening them, the government's still in front. 0:16:18.800 --> 0:16:21.040 So I feel like they will feel that they've got 0:16:21.080 --> 0:16:22.360 away with it to some extent. 0:16:22.520 --> 0:16:25.520 Yeah, that's what I find fascinating right now when we 0:16:25.520 --> 0:16:26.120 look at polling. 0:16:26.160 --> 0:16:26.280 Now. 0:16:26.280 --> 0:16:28.880 I know this is obviously you don't take everything as 0:16:29.120 --> 0:16:30.680 biblical when you see different. 0:16:30.440 --> 0:16:32.560 Poles, but I find it's so. 0:16:32.440 --> 0:16:35.840 Interesting that labour doesn't really seem to be too scathed 0:16:35.880 --> 0:16:38.000 by what's going on at the moment. Let's not forget 0:16:38.240 --> 0:16:42.880 the Prime Minister lied repeatedly about these tax changes and 0:16:42.920 --> 0:16:45.680 he seems to just be going on untouched and one 0:16:45.680 --> 0:16:48.920 of these unforeseen consequences. I think of what's coming with 0:16:49.000 --> 0:16:51.560 this budget. You just mentioned, house price is going down. 0:16:51.880 --> 0:16:54.400 The first home buyers aren't getting into the market like 0:16:54.880 --> 0:16:57.560 the Prime Minister said that they would. Do you think 0:16:57.600 --> 0:17:00.280 that they would be looking at changing some of the 0:17:00.320 --> 0:17:03.440 aspects when it comes to housing because of the collapse 0:17:03.480 --> 0:17:05.880 that we're seeing, or they'll just sit back and let 0:17:05.920 --> 0:17:08.280 the market, to their point, correct itself. 0:17:09.240 --> 0:17:10.959 Yes, or they have to step in. 0:17:11.040 --> 0:17:12.840 I think they'll do that, and I think that they 0:17:12.920 --> 0:17:16.640 look quite cleverly really at the political cycle and they'll 0:17:16.640 --> 0:17:20.600 know it's two years out, so they'll just hope that 0:17:20.600 --> 0:17:23.120 their hope is it's all forgotten by them and as possible, 0:17:23.440 --> 0:17:26.520 other issues will take over. You may have that slump 0:17:26.920 --> 0:17:30.439 and then you may have rates go down as they 0:17:30.520 --> 0:17:32.720 started to do before the last election. They may time 0:17:32.760 --> 0:17:36.040 it perfectly and then prices go up, so they may 0:17:36.080 --> 0:17:39.120 have some luck on that front. It's a gamble and 0:17:39.560 --> 0:17:41.920 I don't think it's been handled smoothly at all. You 0:17:41.960 --> 0:17:44.040 see that from the back down and now all this 0:17:44.480 --> 0:17:49.000 messy stuff that's occurring. But I think they could well 0:17:49.000 --> 0:17:52.560 get away with it, particularly unless the opposition lifts its game. 0:17:53.359 --> 0:17:56.119 And I think this is you know, they say governments 0:17:57.080 --> 0:17:59.439 lose elections, oppositions don't win them, but I think this 0:17:59.520 --> 0:18:03.080 puts the to that because it shows that you know, 0:18:03.160 --> 0:18:05.160 you're never going to look as good as the incumbent. 0:18:05.160 --> 0:18:08.320 There's a massive advantage with incumbency, but you've got to 0:18:08.359 --> 0:18:11.760 present as something that does capture the imagination of people. 0:18:11.800 --> 0:18:14.560 And that's Angus Taylor's challenge. It's a big challenge for him, 0:18:14.600 --> 0:18:17.000 particularly with Andrew Hasty breathing down his. 0:18:17.000 --> 0:18:20.600 Neck, and also to your point, reminding voters leading into 0:18:20.600 --> 0:18:23.959 the next election about the promises that were broken so 0:18:24.000 --> 0:18:27.080 that these this period is not forgotten. Before I let 0:18:27.080 --> 0:18:29.160 you go, I do want to get your thoughts about 0:18:29.520 --> 0:18:32.160 this scathing attack that was in the paper today by 0:18:32.280 --> 0:18:34.480 National's federal president Andrew Fraser. 0:18:34.920 --> 0:18:36.040 So he's pretty much. 0:18:35.880 --> 0:18:40.240 Declared war on Barnaby Joyce and he's labeled Barnaby as 0:18:40.280 --> 0:18:44.520 disgusting and warned the party will win against one nation. Now, 0:18:45.040 --> 0:18:48.240 is this just political retric or. Is this a legitimate 0:18:48.280 --> 0:18:49.320 warning from the NATS. 0:18:50.640 --> 0:18:52.800 Well, if you went out there and asked your viewers, 0:18:52.800 --> 0:18:55.680 who's Andrew Fraser and who's Barnaby Joyce, Barnaby Joyce is 0:18:55.720 --> 0:18:58.240 going to win that hands down. Andrew Fraser was the 0:18:58.320 --> 0:19:01.800 stadium p for Coss Harbor for me years. He was 0:19:01.840 --> 0:19:05.880 famous for chasing Joe Tripodi around the chamber and trying 0:19:05.920 --> 0:19:08.840 to strangle him. He said I've only had a couple 0:19:08.880 --> 0:19:10.879 of wines and said he wanted to be breath tested. So, 0:19:10.960 --> 0:19:13.400 I mean Andrew Fraser fair enough, he's had a crack. 0:19:13.520 --> 0:19:19.640 But I think all it shows is how fearful they 0:19:19.680 --> 0:19:22.159 are of losing their seats to Barnaby Joyce in one 0:19:22.280 --> 0:19:23.919 nation and with some justification. 0:19:24.920 --> 0:19:27.120 So that's that's kind of where I see it. It's 0:19:27.119 --> 0:19:28.399 a real challenge. 0:19:28.000 --> 0:19:28.520 For the NATS. 0:19:28.560 --> 0:19:31.160 They probably picked the best person they could in Canavan 0:19:31.200 --> 0:19:34.200 as someone who can who's got a bit of charisma 0:19:34.280 --> 0:19:40.720 and can get stuck in. But there's something about Joyce 0:19:40.720 --> 0:19:44.800 I've got. Even even when he stuffs up when you 0:19:44.920 --> 0:19:48.119 interview him, he's just got He just talks outside the 0:19:48.160 --> 0:19:50.119 talking points, and this is what Canavan's trying to do. 0:19:50.200 --> 0:19:51.920 To and to some effect. 0:19:52.000 --> 0:19:56.800 But Joyce just has terms of phrase that the kind 0:19:56.840 --> 0:19:59.800 of people like, and he doesn't have the responsibility. Now 0:20:00.280 --> 0:20:02.040 he's got to be an alternative government. 0:20:02.200 --> 0:20:05.320 So and he's entertaining, he's entertaining. 0:20:04.840 --> 0:20:06.760 He's getting the attention, so's Pauline. 0:20:06.840 --> 0:20:10.720 The challenges you know, can Angus Taylor be spotted in 0:20:10.760 --> 0:20:13.760 a lineup or even Matt Canavan And that's the challenge 0:20:13.800 --> 0:20:16.439 for them over the next six to twelve months because 0:20:16.440 --> 0:20:18.879 one Nation has the jump on them there. One Nation's 0:20:18.880 --> 0:20:21.800 problems more is they're going to make political mistakes which 0:20:21.800 --> 0:20:24.000 are going to have people scratching their heads and going 0:20:24.000 --> 0:20:27.080 maybe not, but they are getting the attention that the 0:20:27.119 --> 0:20:29.440 Liberals and Nationals so desperately craven need. 0:20:30.000 --> 0:20:32.960 And that's why I think the Coalition need to not 0:20:33.040 --> 0:20:36.200 attack one nation. Just let them stand back and one 0:20:36.280 --> 0:20:38.200 Nation make the mistakes and they can be out there 0:20:38.200 --> 0:20:40.000 and do it and the Coalition can just stand there 0:20:40.040 --> 0:20:42.520 and prove why they are the stronger opposition. 0:20:42.800 --> 0:20:44.480 Andrew clen now, thank you so much for your time tonight. 0:20:44.560 --> 0:20:44.879 Thank you. 0:20:46.560 --> 0:20:48.680 I want to head down now to Victoria. 0:20:49.240 --> 0:20:51.440 And while there was news of a dip in support 0:20:51.440 --> 0:20:55.000 for One Nation, federally yesterday. It's not reflected in the 0:20:55.000 --> 0:20:58.240 Garden State, with another new poll showing the minor Party 0:20:58.760 --> 0:21:00.639 is ahead of Labor and the Coalition. 0:21:01.160 --> 0:21:03.120 A poll of six thousand, five. 0:21:02.960 --> 0:21:07.200 Hundred Victorians conducted over the past fortnite found One Nation 0:21:07.400 --> 0:21:10.800 leading both major parties on a statewide primary vote of 0:21:10.840 --> 0:21:13.919 twenty seven percent. Labor and the Coalition were tired at 0:21:13.960 --> 0:21:17.399