1 00:00:02,200 --> 00:00:04,640 Speaker 1: From the newsroom. A news still come to me. 2 00:00:06,240 --> 00:00:08,320 Speaker 2: Today. There, I'm Andrew Bucklow, and in just a few 3 00:00:08,360 --> 00:00:10,280 Speaker 2: days time, we're all heading to the polls to vote 4 00:00:10,280 --> 00:00:12,520 Speaker 2: in the federal election. We have a big decision on 5 00:00:12,600 --> 00:00:14,840 Speaker 2: our hands. And no, I'm not just talking about if 6 00:00:14,880 --> 00:00:17,759 Speaker 2: you want tomato sauce or mustard on your democracy sausage 7 00:00:17,960 --> 00:00:20,440 Speaker 2: tomato all the way. Right before you cast your vote, 8 00:00:20,480 --> 00:00:22,840 Speaker 2: we wanted to give Peter Dutton and Anthony Albanezi your 9 00:00:22,880 --> 00:00:25,040 Speaker 2: chance to tell you directly why they think you should 10 00:00:25,120 --> 00:00:27,440 Speaker 2: vote for them. In this episode, you'll hear the first 11 00:00:27,440 --> 00:00:29,920 Speaker 2: of those two chats, with the other one airing tomorrow. 12 00:00:30,120 --> 00:00:32,720 Speaker 2: Today News dot Com Dot I Use political editor Samantha 13 00:00:32,760 --> 00:00:34,519 Speaker 2: maiden will sit down with the man who wants to 14 00:00:34,520 --> 00:00:37,720 Speaker 2: be the next PM, Peter Dutton. He will put forward 15 00:00:37,720 --> 00:00:40,280 Speaker 2: his case, he will respond to rumors about his personal wealth, 16 00:00:40,400 --> 00:00:42,599 Speaker 2: and he will reveal how he really feels about this 17 00:00:42,680 --> 00:00:44,120 Speaker 2: sledge from Anthony Albanesi. 18 00:00:44,520 --> 00:00:47,400 Speaker 3: They are Delulu with no Solulu. 19 00:00:47,640 --> 00:00:49,560 Speaker 2: Well, he's Sam Maidan with Peter Dutton. 20 00:00:54,640 --> 00:00:54,920 Speaker 3: Peter. 21 00:00:55,160 --> 00:00:58,320 Speaker 1: It is the final stage of the campaign, now just 22 00:00:58,320 --> 00:00:59,920 Speaker 1: a couple more days to go. 23 00:01:00,080 --> 00:01:00,720 Speaker 3: How are you feeling? 24 00:01:01,480 --> 00:01:03,560 Speaker 4: I feel good? Actually, I think we're either running on 25 00:01:03,560 --> 00:01:06,440 Speaker 4: adrenaline or we've found some sort of superpower, but sort 26 00:01:06,440 --> 00:01:08,559 Speaker 4: of going long hours and meeting a lot of people 27 00:01:08,640 --> 00:01:11,759 Speaker 4: across marginal seats. But there's a good response out there, 28 00:01:11,760 --> 00:01:14,319 Speaker 4: and there's I think, you know, we underestimate how many 29 00:01:14,319 --> 00:01:16,920 Speaker 4: people have disengaged from the political process that are just 30 00:01:16,959 --> 00:01:20,640 Speaker 4: starting to switch on and they're starting to understand the 31 00:01:20,640 --> 00:01:23,000 Speaker 4: different policy. So it makes the next few days just 32 00:01:23,080 --> 00:01:24,080 Speaker 4: absolutely crucial. 33 00:01:24,400 --> 00:01:26,440 Speaker 1: So one of the things that really intrigues me about 34 00:01:26,480 --> 00:01:29,240 Speaker 1: this election is that the Prime minister's a baby boomer, 35 00:01:29,319 --> 00:01:32,200 Speaker 1: your gen X, you're younger. Why is it that you 36 00:01:32,280 --> 00:01:35,800 Speaker 1: think that younger voters are sometimes leaning more left or 37 00:01:36,120 --> 00:01:38,080 Speaker 1: are more likely to Greens or labor. 38 00:01:38,640 --> 00:01:41,520 Speaker 4: I just think that's historically been the case, regardless of 39 00:01:41,600 --> 00:01:44,160 Speaker 4: the age of the respective leaders. And for a lot 40 00:01:44,160 --> 00:01:47,440 Speaker 4: of young people, it's probably not until they buy a 41 00:01:47,480 --> 00:01:50,440 Speaker 4: home and have a mortgage that they start to worry 42 00:01:50,440 --> 00:01:54,360 Speaker 4: about economic management and job security once they have kids, 43 00:01:54,360 --> 00:01:56,840 Speaker 4: and then starting to think about superinnuation when they get 44 00:01:56,840 --> 00:02:01,480 Speaker 4: a bit older. So generally speaking, people in that eighteen 45 00:02:01,560 --> 00:02:04,760 Speaker 4: to twenty four age bracket and maybe a little bit higher, 46 00:02:04,720 --> 00:02:08,880 Speaker 4: and now, particularly given housing affordability, has become a massive issue. 47 00:02:09,400 --> 00:02:12,120 Speaker 4: People are renters for longer, and generally that means that 48 00:02:12,680 --> 00:02:15,360 Speaker 4: they're more inclined to support the Labor Party, and then 49 00:02:15,360 --> 00:02:18,480 Speaker 4: as their views mature politically, they come across to the 50 00:02:18,480 --> 00:02:20,839 Speaker 4: Liberal Party. And I think that's probably what we see 51 00:02:20,880 --> 00:02:23,840 Speaker 4: as you look at the demographic changes in terms of 52 00:02:23,840 --> 00:02:25,079 Speaker 4: the voting patterns in this election. 53 00:02:25,400 --> 00:02:27,720 Speaker 1: So when the Prime Minister says that you're de Lulu 54 00:02:27,760 --> 00:02:29,920 Speaker 1: with no slulu, what do you make of that trying 55 00:02:29,960 --> 00:02:31,280 Speaker 1: to use that sort of language. 56 00:02:31,360 --> 00:02:32,919 Speaker 4: I just think it's I think it's an old blog 57 00:02:32,960 --> 00:02:35,760 Speaker 4: trying to be hip and trying to form a connection 58 00:02:36,240 --> 00:02:40,080 Speaker 4: with people. It's the DJ stuff and all of that's 59 00:02:40,240 --> 00:02:42,760 Speaker 4: part of his character, and that's good luck to him. 60 00:02:42,760 --> 00:02:45,440 Speaker 4: That's fine. I consider myself to be a genuine person. 61 00:02:45,880 --> 00:02:50,000 Speaker 4: I'm not a stand up comedian, and I have a 62 00:02:50,040 --> 00:02:54,520 Speaker 4: pretty definite view in terms of wanting to support people 63 00:02:54,520 --> 00:02:57,440 Speaker 4: and help particularly younger people at the moment, get into 64 00:02:57,440 --> 00:03:01,000 Speaker 4: home ownership and find a way through the economic mess. 65 00:03:01,240 --> 00:03:03,440 Speaker 4: I just think people who at the moment are paying 66 00:03:03,480 --> 00:03:06,240 Speaker 4: thirty percent more for their groceries, whether you're younger or older, 67 00:03:06,760 --> 00:03:09,040 Speaker 4: you're just getting hammered at your budget and the question 68 00:03:09,160 --> 00:03:12,280 Speaker 4: is how can we help those young Australians and Australians 69 00:03:12,320 --> 00:03:14,320 Speaker 4: across the board. And that's I think, in part what 70 00:03:14,320 --> 00:03:15,200 Speaker 4: the selections about. 71 00:03:15,400 --> 00:03:16,320 Speaker 3: So let's unpack that. 72 00:03:16,400 --> 00:03:18,400 Speaker 1: I mean, one of the policies is to allow people 73 00:03:18,400 --> 00:03:21,080 Speaker 1: to get into their super for a deposit. Why not 74 00:03:21,200 --> 00:03:23,680 Speaker 1: just let people crack open the whole amount. I mean 75 00:03:23,720 --> 00:03:26,040 Speaker 1: some people would say it's more important to have a 76 00:03:26,080 --> 00:03:28,600 Speaker 1: house before you retire. You can't really survive on the 77 00:03:28,639 --> 00:03:31,480 Speaker 1: pension unless you do, so why cap it at fifty thousand? 78 00:03:31,919 --> 00:03:34,560 Speaker 4: Well, it provides some balance because you still want to 79 00:03:34,600 --> 00:03:38,040 Speaker 4: preserve some money within the super fund, so it can 80 00:03:38,080 --> 00:03:41,880 Speaker 4: compound to provide you with support in retirement. But equally, 81 00:03:42,200 --> 00:03:45,800 Speaker 4: as you point out, getting into a house as quickly 82 00:03:45,800 --> 00:03:49,920 Speaker 4: as possible. That would be the advice of any financial advisor. 83 00:03:49,920 --> 00:03:52,880 Speaker 4: If you can afford to get into a home, and 84 00:03:53,080 --> 00:03:56,640 Speaker 4: you've paid a reasonable price and it's within your budget, 85 00:03:56,680 --> 00:04:00,000 Speaker 4: then that is a much better financial decision for you. 86 00:03:59,720 --> 00:04:03,600 Speaker 4: And it allows young people a choice then to maybe 87 00:04:03,600 --> 00:04:07,480 Speaker 4: start a business, micro business in the back bedroom, something online, 88 00:04:07,800 --> 00:04:10,480 Speaker 4: something out of the garage, and generally speaking the bank 89 00:04:10,520 --> 00:04:16,760 Speaker 4: will require a home as security for that business to borrow. Secondly, 90 00:04:16,880 --> 00:04:20,880 Speaker 4: it allows people to have a stable relationship, an environment 91 00:04:20,880 --> 00:04:22,520 Speaker 4: where you can raise kids. If you've got a roof 92 00:04:22,520 --> 00:04:24,359 Speaker 4: over your head, you're not worried about being kicked out 93 00:04:24,760 --> 00:04:26,760 Speaker 4: as a tenant. It means that if you can pay 94 00:04:26,760 --> 00:04:28,320 Speaker 4: it off by the time you get to retirement, you 95 00:04:28,360 --> 00:04:31,760 Speaker 4: are in a much better position to enjoy retirement and 96 00:04:32,000 --> 00:04:34,000 Speaker 4: the hard work that you've put in over a lifetime 97 00:04:34,000 --> 00:04:36,320 Speaker 4: of work. So sometimes that's all sort of too far 98 00:04:36,360 --> 00:04:38,800 Speaker 4: into the future for a lot of younger Australians. But 99 00:04:38,880 --> 00:04:41,400 Speaker 4: if we can get people into home ownership quickly, as 100 00:04:41,400 --> 00:04:44,760 Speaker 4: we've seen over the last few years, your net asset position, 101 00:04:45,560 --> 00:04:50,240 Speaker 4: that is how much you have left over after you 102 00:04:50,320 --> 00:04:53,120 Speaker 4: take the value of the loan off the value of 103 00:04:53,120 --> 00:04:55,480 Speaker 4: the house, you would be in hundreds of thousands of 104 00:04:55,520 --> 00:04:58,080 Speaker 4: dollars better off if you've been able to access that 105 00:04:58,200 --> 00:05:00,760 Speaker 4: super five or ten years ago. You get into a home. 106 00:05:00,880 --> 00:05:01,120 Speaker 3: Okay. 107 00:05:01,160 --> 00:05:03,760 Speaker 1: The criticism though, has been the idea that it was 108 00:05:03,800 --> 00:05:05,800 Speaker 1: just going to drive prices up right, and we saw 109 00:05:05,839 --> 00:05:09,479 Speaker 1: that with the first home buyers grant. So what guarantee 110 00:05:09,520 --> 00:05:11,400 Speaker 1: do you think there is that, whether it is the 111 00:05:11,440 --> 00:05:15,240 Speaker 1: tax deductibility or the superannuation allowing people to crack that 112 00:05:15,279 --> 00:05:17,400 Speaker 1: over from the deposit that won't just drive prices up. 113 00:05:17,720 --> 00:05:20,799 Speaker 4: Well, I think they're really good points. Two points in response. 114 00:05:20,839 --> 00:05:23,880 Speaker 4: One is that we've had massive demand for housing, and 115 00:05:23,920 --> 00:05:26,680 Speaker 4: not just from Australians, but over the last two years, 116 00:05:26,680 --> 00:05:28,960 Speaker 4: the government's brought in about a million people, which is 117 00:05:29,000 --> 00:05:32,240 Speaker 4: seventy percent more than any two year period. So naturally 118 00:05:32,320 --> 00:05:34,880 Speaker 4: enough they want a house for their family and they're 119 00:05:34,880 --> 00:05:39,480 Speaker 4: competing in auctions and in readil applications with young Australians 120 00:05:39,480 --> 00:05:42,120 Speaker 4: and I think that's been unfair and that's the housing 121 00:05:42,120 --> 00:05:45,000 Speaker 4: crisis that the Prime Minister has created. So we cut 122 00:05:45,040 --> 00:05:48,280 Speaker 4: migration and that reduces the demand on housing, but to 123 00:05:48,400 --> 00:05:51,440 Speaker 4: your really important point, we increase supply. So we have 124 00:05:51,480 --> 00:05:53,680 Speaker 4: a five billion dollar fund where we want to work 125 00:05:53,720 --> 00:05:57,039 Speaker 4: with councils. We're up with Jeremy and Neil and Leichhart 126 00:05:57,120 --> 00:05:59,600 Speaker 4: the other day talking to councils up there. They just 127 00:05:59,640 --> 00:06:02,240 Speaker 4: don't have the money to pay for the sewerage upgrade 128 00:06:02,560 --> 00:06:05,520 Speaker 4: and the water upgrade and the roads that need to 129 00:06:05,560 --> 00:06:08,480 Speaker 4: be finished to complete the next stage or to release 130 00:06:08,520 --> 00:06:10,159 Speaker 4: the next stage of land. So we say, with that 131 00:06:10,240 --> 00:06:14,200 Speaker 4: five billion dollars, working with industry and working with the 132 00:06:14,240 --> 00:06:17,080 Speaker 4: councils that we can release five hundred thousand new blocks, 133 00:06:17,120 --> 00:06:20,279 Speaker 4: so five hundred thousand new homes into the market. And 134 00:06:20,320 --> 00:06:23,880 Speaker 4: as the HIA points out the Housing Industry Association, with 135 00:06:24,160 --> 00:06:27,320 Speaker 4: our policy for tax deductibility for the first six hundred 136 00:06:27,320 --> 00:06:31,080 Speaker 4: and fifty thousand dollars of your mortgage, that means that 137 00:06:31,240 --> 00:06:35,159 Speaker 4: it will release probably about or it'll drive a supply 138 00:06:35,400 --> 00:06:39,119 Speaker 4: of about another thirty thousand homes. And with our migration cuts, 139 00:06:39,120 --> 00:06:41,279 Speaker 4: we think over five years that I'll bring in about 140 00:06:41,520 --> 00:06:43,520 Speaker 4: it will free up about one hundred thousand homes. So 141 00:06:43,960 --> 00:06:46,760 Speaker 4: all of those supply side measures are really important because 142 00:06:46,760 --> 00:06:50,320 Speaker 4: if you are just giving people support to buy houses 143 00:06:50,360 --> 00:06:53,320 Speaker 4: and increasing demand, then I think that's a valid point. 144 00:06:53,360 --> 00:06:57,800 Speaker 4: But we've got the balance right and hopefully that really 145 00:06:58,200 --> 00:07:00,800 Speaker 4: opens up the options now for many more young Australians 146 00:07:00,839 --> 00:07:01,680 Speaker 4: to become homeowners. 147 00:07:01,880 --> 00:07:05,600 Speaker 1: With immigration, I know that there's a lot of concern 148 00:07:05,880 --> 00:07:08,600 Speaker 1: about the number of you know, there's a lot of 149 00:07:08,640 --> 00:07:11,320 Speaker 1: new families coming into Australia, which is great, but is 150 00:07:11,360 --> 00:07:14,320 Speaker 1: there the houses for them and how much that is contributing. 151 00:07:14,720 --> 00:07:17,560 Speaker 1: I suppose one question I have is, you know, all 152 00:07:17,640 --> 00:07:20,480 Speaker 1: these doom and gloom predictions during COVID, the house prices 153 00:07:20,480 --> 00:07:22,720 Speaker 1: were going to go around thirty percent. We completely stopped 154 00:07:22,760 --> 00:07:28,280 Speaker 1: migration and house prices rose. So why was that Well. 155 00:07:28,120 --> 00:07:30,160 Speaker 4: I think there are a few reasons. One obviously is 156 00:07:30,200 --> 00:07:32,720 Speaker 4: supply as well. So the other supply constraint has been 157 00:07:33,440 --> 00:07:37,080 Speaker 4: labor in relation to the number of tradees coming through. 158 00:07:37,600 --> 00:07:41,240 Speaker 4: The government's really had a university first policy and you're 159 00:07:41,280 --> 00:07:43,480 Speaker 4: a failure if you're going into a trade so I 160 00:07:43,520 --> 00:07:46,600 Speaker 4: think they've discouraged young people taking up a trade You've 161 00:07:46,640 --> 00:07:49,440 Speaker 4: also had the CFMU, who's just had a stranglehold on 162 00:07:49,840 --> 00:07:53,320 Speaker 4: the Labor Party. They've donated twelve million dollars since Anthony 163 00:07:53,360 --> 00:07:58,160 Speaker 4: Elbanezi became leader to the Labor Party and that's meant that, 164 00:07:58,400 --> 00:08:01,520 Speaker 4: for example, the cfmumranded of the government that they take 165 00:08:02,040 --> 00:08:04,640 Speaker 4: the tradees off the skills list, so they weren't a 166 00:08:04,680 --> 00:08:08,840 Speaker 4: priority for migrants coming in. And secondly, the productivity is 167 00:08:08,840 --> 00:08:10,480 Speaker 4: down to about two and a half days a week 168 00:08:10,480 --> 00:08:13,000 Speaker 4: now on a CFMU site, and that means that we're 169 00:08:13,000 --> 00:08:16,440 Speaker 4: building at half the pace that we would have before COVID. 170 00:08:16,560 --> 00:08:21,880 Speaker 4: Now that's a really significant issue. And obviously people have 171 00:08:21,960 --> 00:08:25,440 Speaker 4: also made decisions in relation to housing over the course 172 00:08:25,440 --> 00:08:29,360 Speaker 4: of COVID where people have moved to different areas. You've 173 00:08:29,360 --> 00:08:34,240 Speaker 4: got companies who have seen massive increases in the cost 174 00:08:34,280 --> 00:08:38,640 Speaker 4: of steel and concrete and other building products because of 175 00:08:38,679 --> 00:08:41,319 Speaker 4: the renewables only policy that the government's got in place. 176 00:08:41,360 --> 00:08:43,720 Speaker 4: So for example, we're at blue Scope the other day 177 00:08:44,200 --> 00:08:46,839 Speaker 4: they were saying that at their plant, and bear in 178 00:08:46,920 --> 00:08:50,480 Speaker 4: mind they manufacture the color bond, roofing and still framing, etc. 179 00:08:51,080 --> 00:08:54,080 Speaker 4: They're paying three times the cost of electricity and gas 180 00:08:54,559 --> 00:08:56,679 Speaker 4: in Australia than they are in the US, so that 181 00:08:56,720 --> 00:09:00,319 Speaker 4: means the building costs have dramatically gone up. And looking 182 00:09:00,640 --> 00:09:03,880 Speaker 4: in Victoria the other day to a young couple, they 183 00:09:03,920 --> 00:09:06,560 Speaker 4: had bought a block of land and they're actually now 184 00:09:06,600 --> 00:09:08,760 Speaker 4: going to lose money out of that deal because they 185 00:09:08,800 --> 00:09:11,160 Speaker 4: bought the block of land and they can't afford now 186 00:09:11,600 --> 00:09:15,200 Speaker 4: to build the house. So that's been part of the reason. Yeah, 187 00:09:15,280 --> 00:09:16,320 Speaker 4: there's been a problem as well. 188 00:09:16,320 --> 00:09:19,000 Speaker 1: And your family, like the Prime Minister, has used real 189 00:09:19,120 --> 00:09:21,880 Speaker 1: estate as an area of wealth creation and you know 190 00:09:22,120 --> 00:09:24,720 Speaker 1: you have copped a bit of flack on that issue 191 00:09:24,800 --> 00:09:27,439 Speaker 1: or there's been a focus of that issue sometimes during 192 00:09:27,480 --> 00:09:30,240 Speaker 1: your political career. I'm just interested in a bit of 193 00:09:30,320 --> 00:09:33,040 Speaker 1: myth busting, you know, like I've seen these figures in 194 00:09:33,080 --> 00:09:35,600 Speaker 1: the Sydney Morning Harold saying that you've made thirty million dollars, 195 00:09:35,640 --> 00:09:39,199 Speaker 1: but it's transactions, not total. You're not required to tell 196 00:09:39,280 --> 00:09:41,520 Speaker 1: us you know exactly what your personal wealth is. But 197 00:09:41,640 --> 00:09:45,200 Speaker 1: is thirty million dollars off the mark? Is there misinformation 198 00:09:45,440 --> 00:09:46,960 Speaker 1: about your family in this space? 199 00:09:47,000 --> 00:09:48,000 Speaker 3: Do you think so? 200 00:09:48,120 --> 00:09:51,679 Speaker 4: Well? I've always been private about my family, and I 201 00:09:51,720 --> 00:09:54,480 Speaker 4: started out with my dad when he and Mum separated. 202 00:09:54,480 --> 00:09:56,319 Speaker 4: The I think we had about seventeen thousand dollars or 203 00:09:56,320 --> 00:10:00,679 Speaker 4: twenty thousand dollars between us, and we worked hard of 204 00:10:00,840 --> 00:10:03,400 Speaker 4: some of the properties that are referred to the properties 205 00:10:03,400 --> 00:10:08,280 Speaker 4: that as a partnership, Dad and I built in the 206 00:10:08,360 --> 00:10:11,160 Speaker 4: small family company, so we never lived in the properties. 207 00:10:11,200 --> 00:10:13,559 Speaker 4: Half the value would have been land value, and it 208 00:10:13,600 --> 00:10:16,840 Speaker 4: was a building a small building company. So those houses 209 00:10:16,880 --> 00:10:18,920 Speaker 4: were built and sold and you know, we might have 210 00:10:18,960 --> 00:10:21,880 Speaker 4: made a few thousand dollars on each transaction. So it 211 00:10:21,920 --> 00:10:24,280 Speaker 4: was pretty tough going because the margins are very tight 212 00:10:24,320 --> 00:10:28,839 Speaker 4: on those sort of speck homes. And that was our experience. 213 00:10:28,840 --> 00:10:32,400 Speaker 4: And then for me, and one of the reasons I'm 214 00:10:32,400 --> 00:10:36,960 Speaker 4: so passionate about housing is that. You know, I bought 215 00:10:36,960 --> 00:10:38,880 Speaker 4: a house I can remember years ago. I mean I 216 00:10:38,920 --> 00:10:41,719 Speaker 4: lived in one bedroom lost I know of a night 217 00:10:41,760 --> 00:10:46,200 Speaker 4: time after work, sanded back the weather boards and you 218 00:10:46,240 --> 00:10:49,959 Speaker 4: know the internal VJs and painted that bedroom and then 219 00:10:49,960 --> 00:10:52,040 Speaker 4: moved into that one and did the other one. And 220 00:10:52,080 --> 00:10:55,160 Speaker 4: so you know, we've renovated a number of places over 221 00:10:55,200 --> 00:10:58,040 Speaker 4: the years, including when we had young kids. We've added 222 00:10:58,120 --> 00:11:00,440 Speaker 4: value to the house and been other sell it. But 223 00:11:00,440 --> 00:11:02,880 Speaker 4: we've always had to sell the previous house to buy 224 00:11:02,920 --> 00:11:04,760 Speaker 4: the next one, so there's no sort of accumulation and 225 00:11:04,760 --> 00:11:07,960 Speaker 4: then you pay tax and legals and stamps and the 226 00:11:07,960 --> 00:11:09,400 Speaker 4: rest of it. 227 00:11:08,400 --> 00:11:13,040 Speaker 1: So when we read in the paper or even online, 228 00:11:13,120 --> 00:11:16,120 Speaker 1: there's even wilder claims of your personal wealth. 229 00:11:17,880 --> 00:11:18,960 Speaker 3: Is thirty million dollars. 230 00:11:19,040 --> 00:11:21,760 Speaker 4: No, I don't think any of that, none of that, 231 00:11:21,920 --> 00:11:24,760 Speaker 4: None of that's accurate. We've we've really worked really hard 232 00:11:24,800 --> 00:11:26,480 Speaker 4: and we've paid a lot of taxes over the years. 233 00:11:26,520 --> 00:11:29,720 Speaker 4: And again, one of the reasons I want to be 234 00:11:29,760 --> 00:11:31,960 Speaker 4: the Prime Minister for home ownership is because for me, 235 00:11:33,200 --> 00:11:37,680 Speaker 4: it gave me the opportunity to make money over the 236 00:11:37,760 --> 00:11:40,200 Speaker 4: years and then to make choices and to invest it, 237 00:11:40,280 --> 00:11:43,160 Speaker 4: and that young Australians now are starved at that opportunity. 238 00:11:43,200 --> 00:11:45,560 Speaker 4: It just makes me more passionate about making sure that 239 00:11:45,559 --> 00:11:49,040 Speaker 4: we get the housing policy right, and cutting migration by 240 00:11:49,120 --> 00:11:51,840 Speaker 4: twenty five percent is part of that. I'm absolutely adamant 241 00:11:51,840 --> 00:11:54,880 Speaker 4: that we provide support around deposit, which is why the 242 00:11:54,920 --> 00:11:57,600 Speaker 4: fifty thousand dollars out of super is important. And also 243 00:11:57,760 --> 00:12:00,440 Speaker 4: tax deductibility on the first six hundred and fifty thousand 244 00:12:00,440 --> 00:12:04,000 Speaker 4: dollars of your mortgage the interest of that mortgage. That 245 00:12:04,280 --> 00:12:06,800 Speaker 4: means about one thousand bucks a month, which is going 246 00:12:06,840 --> 00:12:09,400 Speaker 4: to help you with the bank application but also help 247 00:12:09,440 --> 00:12:10,240 Speaker 4: your service alone. 248 00:12:10,920 --> 00:12:13,160 Speaker 2: More of Sam Maid with Peter Dutton in Just a 249 00:12:13,200 --> 00:12:22,000 Speaker 2: Moment Welcome Back. Well less than two weeks ago, Liberal 250 00:12:22,080 --> 00:12:25,000 Speaker 2: leader Peter Dutton made some surprising comments in an interview 251 00:12:25,040 --> 00:12:28,000 Speaker 2: with The Australian. He suggested that if he becomes PM, 252 00:12:28,280 --> 00:12:31,679 Speaker 2: he'd be open to indexing personal income tax, meaning tax 253 00:12:31,720 --> 00:12:34,400 Speaker 2: brackets would be adjusted each year to keep up with inflation. 254 00:12:34,760 --> 00:12:37,360 Speaker 4: I want to see us move as quickly as we 255 00:12:37,400 --> 00:12:42,079 Speaker 4: can as a country to changes around personal income tax, 256 00:12:42,120 --> 00:12:46,559 Speaker 4: including indexation, because bracket creep, as we know, is a 257 00:12:46,640 --> 00:12:52,120 Speaker 4: killer in the economy and it stifles productivity and entrepreneurialism 258 00:12:52,240 --> 00:12:54,480 Speaker 4: and hard work, etc. But we need to do it 259 00:12:54,920 --> 00:12:57,120 Speaker 4: at a time where the budget can afford to do so. 260 00:12:57,840 --> 00:12:59,480 Speaker 2: He is mister Dutton with Sam Maiden. 261 00:13:00,080 --> 00:13:04,319 Speaker 1: Do you regret not getting that policy out of basically 262 00:13:04,320 --> 00:13:07,480 Speaker 1: looking at the indexation of tax thresholds earlier? I hesitate 263 00:13:07,520 --> 00:13:10,280 Speaker 1: to call it a policy because of course it's an objective. 264 00:13:10,640 --> 00:13:12,480 Speaker 1: It's something that you'd like to do down the track 265 00:13:12,520 --> 00:13:16,200 Speaker 1: if the budget improved. Do you think you should have 266 00:13:16,280 --> 00:13:20,960 Speaker 1: had a stronger tax policy being the liberal party and 267 00:13:21,040 --> 00:13:23,920 Speaker 1: lower taxes being in your DNA. 268 00:13:23,320 --> 00:13:25,280 Speaker 4: We'll see. I think what we've demonstrated through the twenty 269 00:13:25,280 --> 00:13:27,840 Speaker 4: five cent a letter cut in fuel is it cutting 270 00:13:28,040 --> 00:13:30,160 Speaker 4: the excise tax at family pace, because when you look 271 00:13:30,200 --> 00:13:32,480 Speaker 4: at the tax burden for a family, it's not just 272 00:13:32,520 --> 00:13:39,120 Speaker 4: income tax. We're talking with about seven moms yesterday at 273 00:13:39,120 --> 00:13:42,120 Speaker 4: a morning till or an afternoon tea, and their circumstances 274 00:13:42,120 --> 00:13:44,880 Speaker 4: were all different. Some of them had decided to stay 275 00:13:44,920 --> 00:13:48,400 Speaker 4: at home because their family income, you know, their partner 276 00:13:48,440 --> 00:13:50,400 Speaker 4: was earning a higher income and it just wasn't worth 277 00:13:50,480 --> 00:13:53,120 Speaker 4: them going back into work and paying for childcare for 278 00:13:53,240 --> 00:13:55,600 Speaker 4: three or four days a week for two or three children. 279 00:13:56,040 --> 00:13:58,920 Speaker 4: Others were working part time. The idea of the tax 280 00:13:58,920 --> 00:14:02,440 Speaker 4: system is to provide and ria and to reward effort, 281 00:14:02,559 --> 00:14:05,240 Speaker 4: and that's always been the principle of Liberal Party. But 282 00:14:06,120 --> 00:14:10,240 Speaker 4: in terms of timing and announcements, I think what we've 283 00:14:10,240 --> 00:14:14,120 Speaker 4: done is demonstrated that we're responsible economically. You can go 284 00:14:14,160 --> 00:14:17,439 Speaker 4: out there and promise an indexation policy which might cost 285 00:14:17,880 --> 00:14:23,120 Speaker 4: ten billion dollars a year, but it's, as John Howard demonstrated, 286 00:14:23,680 --> 00:14:25,280 Speaker 4: if you want to do that reform, you need to 287 00:14:26,120 --> 00:14:28,160 Speaker 4: be able to do it from government, and you need 288 00:14:28,200 --> 00:14:32,600 Speaker 4: to be able to identify if your proposals costing a 289 00:14:32,720 --> 00:14:35,080 Speaker 4: billion dollars a year, where's that savings coming from or 290 00:14:35,080 --> 00:14:35,760 Speaker 4: what's the offset. 291 00:14:36,880 --> 00:14:39,200 Speaker 1: Having said that, like if you won the election, would 292 00:14:39,200 --> 00:14:42,400 Speaker 1: you really go into parliament and repel those tax cuts? 293 00:14:43,200 --> 00:14:44,800 Speaker 4: I think what you do is you would go into 294 00:14:44,880 --> 00:14:48,080 Speaker 4: Parliament and implement the commitments that we've got. 295 00:14:48,480 --> 00:14:50,960 Speaker 3: Which is to repeal the tax cuts. 296 00:14:51,040 --> 00:14:52,920 Speaker 4: Let's put this into perspective, So in terms of the 297 00:14:52,960 --> 00:14:56,320 Speaker 4: overall tax burden that somebody's got, if you're a couple 298 00:14:56,320 --> 00:14:58,800 Speaker 4: in a family with a couple of young kids, under us, 299 00:14:59,240 --> 00:15:01,360 Speaker 4: you'll get a bit fifteen hundred dollars back in the 300 00:15:01,400 --> 00:15:06,240 Speaker 4: first year by way of cutting of the fuel exise, right. 301 00:15:06,280 --> 00:15:07,960 Speaker 4: And then in addition to that, if you're an average 302 00:15:07,960 --> 00:15:10,760 Speaker 4: tax owner, it's twelve hundred dollars each. That's twenty four 303 00:15:10,800 --> 00:15:14,200 Speaker 4: hundred dollars. That's three nine hundred dollars that you receive 304 00:15:14,280 --> 00:15:18,000 Speaker 4: from us. If you're waiting on the labor party for help, 305 00:15:18,880 --> 00:15:21,800 Speaker 4: you're going to get seventy cents a day. So let's 306 00:15:21,960 --> 00:15:24,560 Speaker 4: round it up to five dollars a week, two hundred 307 00:15:24,560 --> 00:15:27,440 Speaker 4: and sixty dollars a year, and that's going to cut 308 00:15:27,480 --> 00:15:30,800 Speaker 4: in in fifteen months time. So three nine hundred dollars 309 00:15:30,880 --> 00:15:31,640 Speaker 4: from US over. 310 00:15:32,280 --> 00:15:33,880 Speaker 3: Oh wait, but it's temporary. 311 00:15:33,880 --> 00:15:39,520 Speaker 1: But my question stands, yes, you need to you. 312 00:15:39,480 --> 00:15:42,800 Speaker 4: Need to get about fifteen years of you know, we're 313 00:15:42,840 --> 00:15:47,520 Speaker 4: ten to fifteen years of tax cuts under that seventy 314 00:15:47,520 --> 00:15:50,920 Speaker 4: cent a day model compared to what we're providing you 315 00:15:51,000 --> 00:15:51,520 Speaker 4: support with. 316 00:15:51,720 --> 00:15:54,960 Speaker 3: So can I just quickly would you repeal the tax gut. 317 00:15:55,280 --> 00:15:58,920 Speaker 4: We've committed to repealing them because we don't believe that 318 00:15:58,960 --> 00:16:01,680 Speaker 4: they are going to provide the relief that Australians need. Now. 319 00:16:01,720 --> 00:16:04,000 Speaker 4: I think what's really important for us to do is 320 00:16:04,040 --> 00:16:06,360 Speaker 4: to bring down interest rates and we do that by 321 00:16:06,880 --> 00:16:09,080 Speaker 4: making sure that we manage money well. This government's spend 322 00:16:09,080 --> 00:16:11,000 Speaker 4: an extra four hundred and twenty five billion dollars, so 323 00:16:11,080 --> 00:16:14,560 Speaker 4: the biggest spending government in forty years, and what happened 324 00:16:14,560 --> 00:16:16,800 Speaker 4: forty years ago will Labor put us into a recession 325 00:16:17,320 --> 00:16:19,720 Speaker 4: And if this government keeps spending at the rate they are, 326 00:16:20,160 --> 00:16:22,680 Speaker 4: that will drive up interest rates and for young Australians. 327 00:16:22,720 --> 00:16:24,480 Speaker 4: For any Australian who's got a mortgage at the moment, 328 00:16:25,160 --> 00:16:28,360 Speaker 4: they've seen twelve interest rate increases and only one drop 329 00:16:28,760 --> 00:16:31,200 Speaker 4: twenty five points er point twenty five of one percent. 330 00:16:31,320 --> 00:16:33,920 Speaker 4: So the best way that we can help families is 331 00:16:33,960 --> 00:16:36,560 Speaker 4: to fix up the energy system and bring down the 332 00:16:36,560 --> 00:16:38,720 Speaker 4: cost of electricity and gas, which is what we do. 333 00:16:39,120 --> 00:16:41,640 Speaker 4: The Prime Minister's policy is to increase the price of 334 00:16:42,040 --> 00:16:45,400 Speaker 4: electricity and gas and also to bring down the cost 335 00:16:45,440 --> 00:16:47,080 Speaker 4: of money. The cost of just. 336 00:16:47,040 --> 00:16:48,960 Speaker 1: A couple of rapid fire questions, because I know you 337 00:16:49,040 --> 00:16:52,120 Speaker 1: want to get moving Medicare. Do you really think that 338 00:16:52,320 --> 00:16:56,120 Speaker 1: if Labor Party wins the election that you will only 339 00:16:56,200 --> 00:16:59,239 Speaker 1: need your Medicare card to go to the CGP. 340 00:17:00,680 --> 00:17:03,240 Speaker 4: Everybody knows that. Now are you paying forty three dollars 341 00:17:03,560 --> 00:17:06,560 Speaker 4: out of pocket? And Australians are putting off having to 342 00:17:06,560 --> 00:17:08,760 Speaker 4: book a doctor's appointment now, which is the legacy of 343 00:17:08,760 --> 00:17:10,040 Speaker 4: the Albanezi government that. 344 00:17:10,400 --> 00:17:12,400 Speaker 3: Change under this policy, Well, bolk. 345 00:17:12,240 --> 00:17:15,320 Speaker 4: Billing is down by eleven percent and that's the reality 346 00:17:15,359 --> 00:17:17,440 Speaker 4: of three years of labor. When I was Health Minister 347 00:17:17,480 --> 00:17:19,520 Speaker 4: it was eighty four percent. It went up to eighty 348 00:17:19,560 --> 00:17:21,960 Speaker 4: eight percent under during the course. 349 00:17:21,720 --> 00:17:25,240 Speaker 1: Of confident that it would make a change. Do you 350 00:17:25,280 --> 00:17:28,000 Speaker 1: think that if this policy is implemented, you will only 351 00:17:28,040 --> 00:17:29,919 Speaker 1: need your Many Care card when you go see a GPA. 352 00:17:30,359 --> 00:17:32,320 Speaker 4: Well, what we want is bolk billing to increase, and 353 00:17:32,359 --> 00:17:34,960 Speaker 4: we need to be able to work with the General 354 00:17:35,400 --> 00:17:39,800 Speaker 4: Practice College, the RCGP and also the AMA to make 355 00:17:39,800 --> 00:17:43,639 Speaker 4: sure that we're doing the right thing in expanding general practice. 356 00:17:43,640 --> 00:17:47,760 Speaker 4: Because as a dad of three and obviously somebody particularly 357 00:17:47,800 --> 00:17:49,720 Speaker 4: as a younger kid who was in and out of 358 00:17:49,720 --> 00:17:52,840 Speaker 4: the health system fairly regularly, I want to make sure 359 00:17:52,840 --> 00:17:54,800 Speaker 4: that we've got a strong general practice network. But we 360 00:17:54,840 --> 00:17:57,080 Speaker 4: can only do that if we can pay for it, 361 00:17:57,160 --> 00:17:59,000 Speaker 4: and therefore we have to manage the economy. 362 00:17:59,040 --> 00:18:02,040 Speaker 1: Well that's what I'm asking though, is that like both 363 00:18:02,040 --> 00:18:05,400 Speaker 1: sides of politics are promising the same thing. The Prime 364 00:18:05,400 --> 00:18:08,439 Speaker 1: minister has been more aggressive about waiving a Medicare card around. 365 00:18:08,680 --> 00:18:10,960 Speaker 1: He's telling people that that's all you'll need. 366 00:18:11,440 --> 00:18:13,280 Speaker 3: Now that's doing that them. 367 00:18:15,000 --> 00:18:17,960 Speaker 4: He used to brandish the Medicare card at every presser 368 00:18:18,760 --> 00:18:21,480 Speaker 4: and now it's firmly in his pocket, right alongside his 369 00:18:21,520 --> 00:18:24,360 Speaker 4: credit card. So he realizes that he's been called out 370 00:18:24,800 --> 00:18:26,040 Speaker 4: and that's not the lived experience. 371 00:18:26,240 --> 00:18:27,320 Speaker 3: That's your policy too. 372 00:18:27,400 --> 00:18:30,680 Speaker 1: So I'm just I'm just wondering, right like I'm wondering, 373 00:18:31,320 --> 00:18:33,680 Speaker 1: do you think ninety percent is reasonable? Do you think 374 00:18:33,720 --> 00:18:36,080 Speaker 1: ninety percent of transactions will be built? 375 00:18:36,880 --> 00:18:39,000 Speaker 4: I think we can work with the with the doctors 376 00:18:39,040 --> 00:18:42,280 Speaker 4: groups to work out how we can improve general practice. 377 00:18:42,280 --> 00:18:44,800 Speaker 4: We've got an aging workforce which is part of the 378 00:18:44,840 --> 00:18:48,119 Speaker 4: issue as well, and it's also an unattractive specialty for 379 00:18:48,160 --> 00:18:50,680 Speaker 4: a number of young doctors. They can go into anesthetics 380 00:18:50,760 --> 00:18:54,080 Speaker 4: or into stut How. 381 00:18:53,960 --> 00:18:55,879 Speaker 1: Do we make it The other question I have on 382 00:18:55,920 --> 00:18:58,919 Speaker 1: that in terms of the seven you remember the Labor 383 00:18:58,920 --> 00:19:01,119 Speaker 1: Party has made much of the fact that you wanted 384 00:19:01,119 --> 00:19:03,600 Speaker 1: to introduce a co payment. Now, when I take my 385 00:19:03,720 --> 00:19:05,440 Speaker 1: kids to the doctor, I would kill for a seven 386 00:19:05,520 --> 00:19:08,040 Speaker 1: dollar copayment right now. I mean, do you think that 387 00:19:08,080 --> 00:19:10,560 Speaker 1: if you'd been able to introduce that co payment back then, 388 00:19:10,600 --> 00:19:13,120 Speaker 1: that we'd be on a better wicket now because we're 389 00:19:13,119 --> 00:19:15,240 Speaker 1: not paying a seven dollar copayment now, we're paying a 390 00:19:15,280 --> 00:19:16,800 Speaker 1: forty or a fifty dollars copayment. 391 00:19:17,359 --> 00:19:19,600 Speaker 4: Well, we had that policy back then and it's not 392 00:19:19,640 --> 00:19:21,960 Speaker 4: our policy now. We've been very clear about that. We've 393 00:19:22,440 --> 00:19:24,879 Speaker 4: invested a significant amount of money into medicare when we 394 00:19:24,880 --> 00:19:26,639 Speaker 4: were in government, which is why I bulk billing was 395 00:19:26,720 --> 00:19:29,800 Speaker 4: higher by eleven points under a coalition government than it 396 00:19:29,840 --> 00:19:33,159 Speaker 4: is now. And I think people know that we are 397 00:19:33,240 --> 00:19:36,159 Speaker 4: better managers of the economy and of the health system, 398 00:19:36,200 --> 00:19:41,399 Speaker 4: and that's in I mean, that evidence is indisputable and 399 00:19:41,440 --> 00:19:43,080 Speaker 4: it's there in black and white. 400 00:19:43,359 --> 00:19:45,560 Speaker 1: Two more quick questions, and I just wrap up on 401 00:19:45,720 --> 00:19:49,440 Speaker 1: what happens after the election. One issue that's happened sort 402 00:19:49,440 --> 00:19:52,280 Speaker 1: of off broadway, as it were, is that Linda Reynolds 403 00:19:52,320 --> 00:19:54,880 Speaker 1: has announced that she's suing the Commonwealth for the way 404 00:19:54,880 --> 00:19:57,960 Speaker 1: that they handled that payout to Britney Higgins. Do you 405 00:19:57,960 --> 00:20:01,479 Speaker 1: think taxpayers should give her compensation for the way that 406 00:20:01,560 --> 00:20:03,119 Speaker 1: was handled by the Albanese government. 407 00:20:03,440 --> 00:20:05,760 Speaker 4: Well, that's a legal matter, and obviously it's a decision 408 00:20:05,760 --> 00:20:09,160 Speaker 4: for Linda, and I think for most Austrains, what they're 409 00:20:09,200 --> 00:20:11,800 Speaker 4: worried about in the last three days four days of 410 00:20:11,840 --> 00:20:14,800 Speaker 4: the election is who's going to be able to manage 411 00:20:14,840 --> 00:20:17,280 Speaker 4: the economy more efficiently, more effectively, Who's going to be 412 00:20:17,280 --> 00:20:19,640 Speaker 4: able to bring down the cost of petrol and give 413 00:20:19,640 --> 00:20:22,080 Speaker 4: you a twelve hundred dollars tax rebate, be. 414 00:20:22,119 --> 00:20:23,359 Speaker 3: Able to serves compensation. 415 00:20:23,640 --> 00:20:25,880 Speaker 4: Well, I think it's a matter for the lawyers. 416 00:20:26,320 --> 00:20:29,360 Speaker 1: It's a tight election. The Prime Minister is telling us 417 00:20:29,359 --> 00:20:31,520 Speaker 1: that somehow he can still pull a majority out of this. 418 00:20:32,040 --> 00:20:35,480 Speaker 1: Your saying is still in the hunts. Is a minority 419 00:20:35,520 --> 00:20:39,600 Speaker 1: liberal government better than a minority Labor government and if so, why, well. 420 00:20:39,520 --> 00:20:41,200 Speaker 4: Of course it is. Well, firstly, it won't rely on 421 00:20:41,240 --> 00:20:45,040 Speaker 4: the Greens and this cozy relationship between Labor and the Greens, 422 00:20:45,080 --> 00:20:48,560 Speaker 4: which the Prime Minister denies, The fact is that they 423 00:20:48,600 --> 00:20:52,560 Speaker 4: preference each other, they're supporting each other in the Parliament, 424 00:20:52,600 --> 00:20:54,840 Speaker 4: and we don't need to rely on that. We will 425 00:20:54,880 --> 00:20:57,840 Speaker 4: never form government with the Greens, whereas the Labor Party 426 00:20:57,880 --> 00:21:00,919 Speaker 4: will in a heartbeat. So there's greatest ability offered in 427 00:21:01,200 --> 00:21:05,160 Speaker 4: obviously a liberal majority or a liberal minority government. I 428 00:21:05,240 --> 00:21:07,040 Speaker 4: think we can achieve either of those, and I think 429 00:21:07,080 --> 00:21:10,800 Speaker 4: the Prime minister's frankly being dishonest when he says that 430 00:21:11,040 --> 00:21:13,680 Speaker 4: he wouldn't form an alliance with the Greens. That means 431 00:21:13,680 --> 00:21:17,359 Speaker 4: a tax on unrealized capital gains. It means negative gearing 432 00:21:17,480 --> 00:21:21,200 Speaker 4: changes and many other high spending programs which will just 433 00:21:21,280 --> 00:21:22,359 Speaker 4: drive up interest rates. 434 00:21:22,680 --> 00:21:24,960 Speaker 3: All right, well, good luck in the next couple of days. 435 00:21:25,160 --> 00:21:28,240 Speaker 1: I think everyone's been stoked to see your kids, including 436 00:21:28,720 --> 00:21:30,800 Speaker 1: Harry and tom Have they given you any advice for 437 00:21:30,840 --> 00:21:31,560 Speaker 1: the final week? 438 00:21:32,240 --> 00:21:33,919 Speaker 4: No, the words of encourage when I was talking to 439 00:21:34,200 --> 00:21:36,840 Speaker 4: Harry and texting with Tommy last night, and Beck as well. 440 00:21:36,880 --> 00:21:39,280 Speaker 4: So it's been fantastic to have them on the campaign 441 00:21:39,359 --> 00:21:41,640 Speaker 4: because you're in a different hotel each night, so it's 442 00:21:41,720 --> 00:21:44,600 Speaker 4: nice to have a bit of normality in life. And 443 00:21:44,880 --> 00:21:46,800 Speaker 4: it's also good to see them out there. They're proud 444 00:21:46,840 --> 00:21:52,280 Speaker 4: and they're they're very supportive and they're protective as well. 445 00:21:52,320 --> 00:21:54,479 Speaker 4: They're they're great kids. I'm very luck Caroly and I 446 00:21:54,480 --> 00:21:55,160 Speaker 4: are very lucky. 447 00:21:55,320 --> 00:21:56,960 Speaker 3: All right, Well, thank you very much for your time 448 00:21:57,000 --> 00:21:58,480 Speaker 3: with thanks Anam. 449 00:21:58,320 --> 00:21:58,639 Speaker 4: Thank you. 450 00:21:59,080 --> 00:22:01,520 Speaker 2: There you go. Liberal to Peter Dutton, Chattington News dot 451 00:22:01,560 --> 00:22:04,680 Speaker 2: com dot I use Political editor Samantha Maiden. On tomorrow's episode, 452 00:22:04,720 --> 00:22:07,359 Speaker 2: sam will be joined by the Prime Minister Anthony Alberizi. 453 00:22:07,560 --> 00:22:10,200 Speaker 2: We'll explain why he wants another term in office. Thank 454 00:22:10,240 --> 00:22:11,119 Speaker 2: you so much for listening 455 00:22:12,240 --> 00:22:15,440 Speaker 1: Follow us, subscribe to from the Newsroom wherever you get 456 00:22:15,480 --> 00:22:16,320 Speaker 1: your podcasts.