Speaker 1: From the Skying Center. This is Paul Murray live. Thank
Speaker 1: you Sharry Tonight we go old school none other than
Speaker 1: Brombrey Bishop and Joe Hildebrand in the man Cave, both
Speaker 1: together fighting it out over all the big issues the
Speaker 1: Willie won't they In and around America's bunker bomb. We'll
Speaker 1: get to some late breaking information in and around that.
Speaker 1: And somebody who would know is telling us exactly how
Speaker 1: China works over Australia. The countries like Australia to give
Speaker 1: you what it wants. We get to all that the second.
Speaker 1: As I said, big issues, world issues, but as always
Speaker 1: we try to start with Australia first. Now I want
Speaker 1: to take you way back to about twenty something years ago, okay,
Speaker 1: and believe you this time machine adventure will be worth it.
Speaker 1: The trains in Sydney in the early two thousands post
Speaker 1: the Olympics were not fantastic. They were always running late.
Speaker 1: There were all sorts of problems. If one problem happened
Speaker 1: at one train station, the entire network would be knocked
Speaker 1: over slightly. But surely that system has been tried to
Speaker 1: be cleaned up over a long time. But of course,
Speaker 1: when the trains run late, in any major capital city
Speaker 1: it becomes a political problem. And back then, Bobcarr was
Speaker 1: the news of bas premiere and was very very cool,
Speaker 1: good at politics when it came to the handling of things.
Speaker 1: I remember going to a press conference once as a
Speaker 1: young reporter where he announced that people who were already
Speaker 1: serving a life term will serve a life term in jail.
Speaker 1: He was good at being able to change the subject,
Speaker 1: and that government made a decision that rather than admit
Speaker 1: that the trains were constantly running late, they just changed
Speaker 1: the timetable. That literally late didn't mean late any more.
Speaker 1: It was if it arrived within I think about ten
Speaker 1: minutes of the actual time, then it technically wasn't late.
Speaker 1: So that are the late trains just disappear.
Speaker 2: Well.
Speaker 1: A perfect example of that now twenty years later, is
Speaker 1: being deployed by Chris Bowen, one of many young labor
Speaker 1: people who learned via the feet and the ways of
Speaker 1: bobcar and the way that he did things way back when.
Speaker 1: Again very successful politically, But we're not talking about trains
Speaker 1: running late here. We know that Chris Bowen, along with
Speaker 1: the Prime Minister, is trying to change the electricity system
Speaker 1: from the one that worked to the one that will
Speaker 1: make people feel good. It will cost the best part
Speaker 1: of a trillion dollars to do so, and of course
Speaker 1: it's more expensive, but if you say it enough times,
Speaker 1: people will eventually forget that their bills keep going up. Right.
Speaker 3: The cheapest, most reliable form of energy for Australians, and that,
Speaker 3: of course, is renewable energy.
Speaker 4: Renewables, the cheapest form of energy.
Speaker 1: Cheapest energy price is going forward.
Speaker 4: Renewable energy is incredibly cheap.
Speaker 1: Now for fifteen years that I have been on it,
Speaker 1: enough to be sitting here and in your land room
Speaker 1: or wherever you happen to watch the show. I've never
Speaker 1: been a denier of climate change nor the potential benefits
Speaker 1: of things like renewable energy. But what I have said,
Speaker 1: regardless of whom the person is who's pushing it or
Speaker 1: the leader who was promising it, the cost of transition
Speaker 1: was always going to be the problem for me. And
Speaker 1: the cost of transition has been obvious as we go
Speaker 1: from a system that works to a completely new one
Speaker 1: that is being built. As I say, it could cost
Speaker 1: up to a trillion dollars for us to do it,
Speaker 1: and yes, the government will stump up some of the money.
Speaker 1: Private companies might absorb some of it, but it's pretty
Speaker 1: obvious who has to pay a big chunk of it.
Speaker 3: You.
Speaker 5: Power prices are set to increase.
Speaker 1: Power bills are climbate.
Speaker 6: Australian families braced for even higher power bills.
Speaker 1: So what is the trains aren't running late? Solution that
Speaker 1: Chris Bowen and the Energy regulator are going to put
Speaker 1: in place will bear with me because this one kind
Speaker 1: of takes the cake for the way modern politics works.
Speaker 1: The way it is going to work is that apparently
Speaker 1: energy retailers will be restricted to only increasing their prices
Speaker 1: once a year.
Speaker 5: Terms.
Speaker 1: This is a little bit like those politician pay rises. Yeah,
Speaker 1: people are bitch and known for a couple of days
Speaker 1: and then they won't talk about it again for the
Speaker 1: rest of the year. But the reality is is that
Speaker 1: if it is just once a year increase, that those
Speaker 1: increases are going to be sharper and sharper and sharper
Speaker 1: until we eventually get to the time when all of
Speaker 1: the stuff has been built, it's all paid itself off,
Speaker 1: and then we start to see potentially what renewable energy
Speaker 1: is to the customer versus the existing systems that have worked,
Speaker 1: but let me read from this story today. The Isradian
Speaker 1: Market Energy Market Commission has announced the changes on Thursday,
Speaker 1: entrenching a sweep of new rules designed to PreTect consumers
Speaker 1: from price shocks. Doesn't mean prices won't go up, but
Speaker 1: retailers will now be limited to lifting prices once a
Speaker 1: year and must ensure that customers who sign up to
Speaker 1: a plan with a temporary benefit do not rule over
Speaker 1: to one that is higher than the default price. Further,
Speaker 1: there is now a ban on what the AMEC calls
Speaker 1: unreasonably high penalties for not paying a bill on time.
Speaker 1: There's also a ban on fees except for network charges
Speaker 1: for vulnerable customers. Okay, there's no real problem with that,
Speaker 1: but still, you can imagine once a year and they're
Speaker 1: going to pretend, no, it's not our fail, it's somebody
Speaker 1: else making the decision. It's exactly the same logic as
Speaker 1: the trains and exactly the same logic as power. As
Speaker 1: a pay rises for MPs, providers must also limit fees
Speaker 1: and chargers to reasonable costs for all other consumers. But interestingly,
Speaker 1: on the very same day that the government was finding
Speaker 1: a way to kind of hide the reality of the
Speaker 1: cost from one energy system to the new energy system.
Speaker 1: And remember that the election just beIN they promised no
Speaker 1: cuts to electricity prices in the way they had previously
Speaker 1: promised at the election before this. So with no promise
Speaker 1: for your power bills to go down, we've just found
Speaker 1: a way that your power bills will go up. It
Speaker 1: just won't be as randomly as it has been in
Speaker 1: the past. Therefore, everyone's annoyed for a couple of days.
Speaker 1: Will make the announcement of what the week before Christmas.
Speaker 1: They'll do it on the King's Birthday public holiday. You
Speaker 1: know how all this is going to work, and all
Speaker 1: of it will, of course politically be amazing. And anyone
Speaker 1: who talks about power prices being an electoral problem, it's
Speaker 1: just a crazy person making stuff up. Right. This is
Speaker 1: a classic example about public policy, moving from jumping into
Speaker 1: the pot of boiling water to the frog in boiling water,
Speaker 1: where slowly but surely it turns warmer and warmer until
Speaker 1: it is too late to realize it's boiling and you
Speaker 1: are cooked. But on the very same day that announcement
Speaker 1: was being made, what about people who owe money to
Speaker 1: gym charmers, And by that I mean the Federal government
Speaker 1: and by that I mean, of course the Australian Taxation Office.
Speaker 1: Well it's very different. You see, if you are late
Speaker 1: with your payments on a power bill, it will be
Speaker 1: basically illegal to have to pay a fine for that.
Speaker 1: And if you are late with money to the Australian
Speaker 1: Tax Office, guess what's going to happen With over fifty
Speaker 1: billion dollars an outstanding tax debt owe to the Australian
Speaker 1: Tax Office. The government wants to make it much less
Speaker 1: attractive for people to delay paying their tax bills. However,
Speaker 1: the rules are changing and accountants worn that recently passed
Speaker 1: legislation by the Federal government regarding the tax deductibility of
Speaker 1: ato interest has potential to push struggling small businesses over
Speaker 1: the edge and into liquidation. From July the first, if
Speaker 1: you owe money to the Australian Tax Office, you will
Speaker 1: no longer be able to claim a tax deduction on
Speaker 1: the interest that they charge you. So let's be very
Speaker 1: clear the private companies that sell you the electricity that
Speaker 1: the government is forcing them to change the sources by
Speaker 1: which electricity is created. They can't charge any extra fines
Speaker 1: for late payments. If you're late with a payment to
Speaker 1: the Australian Tax Office, that system changes and the interest
Speaker 1: that is going to be charged goes through the roof.
Speaker 1: Let me continue with some of the analysis about what
Speaker 1: took place here today, talk about a double standard. Anyone
Speaker 1: without tax deductibility. The Australian Tax Office interest rate of
Speaker 1: ten point seven eight percent from July one becomes an
Speaker 1: effective interest rate of fourteen zero point three seven percent
Speaker 1: per small businesses and an effective interest rate of twenty
Speaker 1: percent for individuals on the highest marginal tax rate. So again,
Speaker 1: don't you love this rules for the power industry because
Speaker 1: that causes political problems if you end up owing a
Speaker 1: tax bill, if you are late with paying that tax
Speaker 1: bill because maybe you don't have the money. No, no, no,
Speaker 1: no mercy for you. Instead, jacket up, jacket up, jacket up.
Speaker 1: And remember that number that was owing of outstanding tax
Speaker 1: was about fifty billion dollars. Well, let's again look at
Speaker 1: the confusing logic of this government, particularly when it comes
Speaker 1: to the amount of money that the taxpayer is owed
Speaker 1: by people who have gone to university and the taxpayer
Speaker 1: has paid for them to go through their tertiary education.
Speaker 1: The total amount owing to taxpayers in hecks outstanding hex
Speaker 1: he's eighty one before billion dollars. Now we know that
Speaker 1: the way that the Labor Party was able to get
Speaker 1: a whole bunch of young people to vote for it,
Speaker 1: not the Greens because they were worried about what might
Speaker 1: happen to the Left, was that they just forgave billions
Speaker 1: of dollars worth of that eighty billion dollars worth of debt.
Speaker 1: Now they're not willing to do it when it comes
Speaker 1: to the tax office. No, no, no, no no. If you
Speaker 1: owe them money, no changes, no forgiveness, no forgiveness for
Speaker 1: small business. Look, we know you paid all the bills
Speaker 1: in the past. Let's just drop it by a third, right,
Speaker 1: because we want to keep you in business and you employed.
Speaker 1: But the triangle of dependency where you hand out for
Speaker 1: the government or you work for the government, or the
Speaker 1: biggest client is government, is the real game here. Anyone else,
Speaker 1: like a small business can well just bugger off. As
Speaker 1: you know, decision was made during the election to cut
Speaker 1: twenty percent of thousands of people student debt loans. The
Speaker 1: ubuneasy Labor government will kind of further twenty percent off
Speaker 1: student debt. This will wipe out sixteen billion, So eighty
Speaker 1: one billion minus sixteen billion, and that is how much
Speaker 1: money is still left over, which is still way more
Speaker 1: than the total amount outstanding right now when it comes
Speaker 1: to the tax office. So to repeat for I think
Speaker 1: the sixth time. But it's still important to know who
Speaker 1: this government truly values small business. If you owe money
Speaker 1: to the tax office, bugger you. We're going to increase
Speaker 1: the rate that you have to pay it back by
Speaker 1: if you are late. The tax office that in part
Speaker 1: will be administering the what sixty five billion dollars outstanding
Speaker 1: in unpaid university fees? Well, who cares? Because those small
Speaker 1: business people too small a number, as opposed to the
Speaker 1: young people who, of course they want to vote, which
Speaker 1: means you get ninety four seats in the parliament. You
Speaker 1: tell small business to get stuffed, but the unie students
Speaker 1: keep voting labor. Happy times, Happy times, and the trains
Speaker 1: now run on time. As you know. I have remained
Speaker 1: steadfast in a conversation about immigration, and it is not
Speaker 1: a cultural conversation about immigration, it is literally a capacity conversation.
Speaker 1: Australia is at twenty seven million people. That number has
Speaker 1: exploded in just the past twenty years. You know that
Speaker 1: at the turn of the century, I think it was
Speaker 1: close to about eighteen million people that we had in
Speaker 1: the country. But slowly but surely, yes, people have babies,
Speaker 1: but more people end up coming to the country. They
Speaker 1: come to the country as skilled workers or they come
Speaker 1: to the country as family reunion. We also know that
Speaker 1: this Prime Minister when this was a bit of a
Speaker 1: political issue back before they could change the subject to
Speaker 1: medicare and UGA boogers about Peter Dutton, all of which
Speaker 1: were successful, all of which the Australian people endorsed. People
Speaker 1: had a problem with the number of people that were
Speaker 1: coming in because, as you know, the more people who
Speaker 1: come in, the more people there are to every single
Speaker 1: potential queue in Australia, especially when it comes to housing.
Speaker 1: You know that small problem of where do people live?
Speaker 1: But who cares? We're just growing the tax base, which
Speaker 1: in part is what Chalmers was talking about yesterday with
Speaker 1: his whole plans for a sustainable budget, which put simply
Speaker 1: means despite how much they have to spend, they have
Speaker 1: to have more people paying tax and more taxes put
Speaker 1: on even those that are already paying their tax. But
Speaker 1: the eagle eyes at the Daily Telegraph of sorry, the
Speaker 1: Daily Mail have called out the bs from the Prime
Speaker 1: Minister who remember promised to cut immigration. In fact, they
Speaker 1: made a promise just before the election in the budget
Speaker 1: that was released just before the election. And Australia took
Speaker 1: in three hundred and forty thirds and eight hundred migrants
Speaker 1: last year. That is higher than the forecast of three
Speaker 1: hundred and thirty five thousand arrivals for the twenty four
Speaker 1: to twenty five financial year. It's seventy six percent higher
Speaker 1: than the pre pandemic intakes of one hundred and ninety
Speaker 1: four thousand. The new figures were released on Thursday, a
Speaker 1: day after Jim Chalmers had admitted that Australia would struggle
Speaker 1: to build one point two million households in the five
Speaker 1: years to twenty twenty nine to accommodate the population explosion. Now,
Speaker 1: of course, as you know, if you talk about this
Speaker 1: in any way, shape or form, and again it was
Speaker 1: partly successful and part of the mix as to how
Speaker 1: the government was able to get re elected. Any conversation
Speaker 1: about migration is somehow an attack on anyone who has
Speaker 1: migrated to the country. Now you and I both know
Speaker 1: that's not true. You and I both know that. It
Speaker 1: takes me an extra thirty seconds to read that disclaimer
Speaker 1: because it is what I believe and I don't want
Speaker 1: it to be misinterpreted. But just like the lies about them,
Speaker 1: any care Karda lies about population, it doesn't matter because
Speaker 1: a compliant prayers who are happy with the arrangements that
Speaker 1: they have, who want more access, who want to be
Speaker 1: able to fly around the world listening to the Prime
Speaker 1: Minister slaying diplomatic dragons, like saying good a to world
Speaker 1: leaders like we told you last night. They don't want
Speaker 1: to rock this boat. But again, if you do even
Speaker 1: have a conversation about, okay, cool, hundreds of thousands more
Speaker 1: people come in, there's not enough houses. That's a problem
Speaker 1: right on, And apparently to even discuss that issue, you
Speaker 1: get hit with the R word racist, racist, racist, racist
Speaker 1: racist racist racist. Just a reminder that the Intergenerational Report,
Speaker 1: the same one that I show you oh so often,
Speaker 1: that tells us about those budget deficits between this year
Speaker 1: and the twenty sixties. It also says that astraight As
Speaker 1: population is headed above forty million people by the twenty sixties.
Speaker 1: In fact, according to the Intergeneration Report. The report projects
Speaker 1: that forty and a half million people will live in
Speaker 1: Australia by the early twenty sixties. This is the same
Speaker 1: report that tells us that despite that huge population increase,
Speaker 1: there will be a decade of deficits. And of course,
Speaker 1: the plan for all of this is the magic two
Speaker 1: words that were said five times by the Treasurer of
Speaker 1: this week, and the code is tax increases.
Speaker 7: Tax reform, tax reform, tax reform, tax reform, tax reform,
Speaker 7: tax reform, tax reform.
Speaker 1: All right, let's send our attention to the issues of
Speaker 1: war that are happening around the world. And before we
Speaker 1: get to the trump of it all, let's deal with
Speaker 1: the Australians of it all. Remember earlier in the week
Speaker 1: I told you that there was three hundred people in Israel,
Speaker 1: three hundred and fifty people from Iran who are Australians
Speaker 1: wanting to return back to Australia. Where those numbers have
Speaker 1: gone through the roof. We learned today that the Foreign
Speaker 1: Minister Pennywong has described the situation in the Middle East
Speaker 1: as incredibly dangerous, increasingly dangerous. Thanks scoop. But here's the detail.
Speaker 1: About fifteen hundred Australians in Iran. Twelve hundred are in
Speaker 1: Israel have registered for assistance to get out a dodge
Speaker 1: to get out of those countries, and she anticipates that
Speaker 1: the number will increase. Here is the Foreign Minister.
Speaker 8: Those numbers I anticipate will continue to climb. They've certainly
Speaker 8: increased over the last few days.
Speaker 1: But of course airports completely closed in both countries. The
Speaker 1: focus of those trying to get out of Israel, well,
Speaker 1: they are literally turning to tour guides to try to
Speaker 1: find ways out. But have a look at this story
Speaker 1: that was in the Channel nine newspapers where a mother
Speaker 1: whose thirty year old son was stuck in Tel Aviv
Speaker 1: after last week's retaliatory attracts says that she was incredibly
Speaker 1: angry and disappointed by the Department of Foreign Affairs and Trade.
Speaker 1: People are dying on both sides and the governments washed
Speaker 1: their hands completely. People are feeling abandoned by the government.
Speaker 1: They feel like the government doesn't care. Now, I have
Speaker 1: no doubt that if that was your kid that was there,
Speaker 1: you feel like that. In reality, you can't move these
Speaker 1: couple of thousands of people as quickly as possible, all
Speaker 1: at once, because you can't fly them out because for
Speaker 1: obvious reasons, with missiles raining down in both countries, but
Speaker 1: particularly in Israel, it is impossible to move a large
Speaker 1: amount of people. But here is Penny Wong with the
Speaker 1: latest from end of things.
Speaker 8: We took the opportunity to assist a small group out
Speaker 8: across a land border crossing over in the last twenty
Speaker 8: four hours, and we hope to have more able to
Speaker 8: be moved today. Obviously that does depend on the security
Speaker 8: situation on the ground.
Speaker 1: All right, let's send our attention to the Trump of
Speaker 1: it all. Will he or won't he? Of course, no
Speaker 1: one knows apart from the President, and we will find
Speaker 1: out whether it does it doesn't happen in the next
Speaker 1: few days. But right now, seventeen minutes past nine in Canberra, Melbourne,
Speaker 1: Sydney and Brisbane. Right now, it is seventeen minutes past
Speaker 1: two in the afternoon in Israel. It is forty seven
Speaker 1: or thirteen minutes away three o'clock in the afternoon in Iran,
Speaker 1: and it is eighteen minutes past seven o'clock in the
Speaker 1: morning in Washington, d C. Now, just as I joked
Speaker 1: and told you about last night that despite the apparent
Speaker 1: urgency of the President having to get back from the
Speaker 1: G seven, the reality was that it probably wasn't that urgent.
Speaker 1: He just was done with mccron and the rest of them,
Speaker 1: and certainly looked at the B team that he was
Speaker 1: about to meet, including Australia's Prime Minister, who remember wasn't
Speaker 1: even allowed to eat with the big boy countries, so
Speaker 1: he had no interest in visiting the kid's table. And
Speaker 1: despite the fact that he was coming back to deal
Speaker 1: with the beginnings of World War three, as I told you,
Speaker 1: what he was actually doing in part of this was
Speaker 1: putting two new flagpoles out the front and back of
Speaker 1: the White House. They're cooled, they're big, They're a personal gift,
Speaker 1: and I think they look nice in and around the
Speaker 1: White House. But that's what in part he was doing,
Speaker 1: not exactly dealing with the beginnings of World War three
Speaker 1: or the end of the nuclear program in Iran. And
Speaker 1: as you've heard, he is not telling anyone what he's
Speaker 1: going to do right now, and he won't decide till
Speaker 1: second before.
Speaker 4: I may do it, I may not do it.
Speaker 1: I mean, nobody knows what I'm going to do. I
Speaker 1: can tell you there's that Iran's got a lot of
Speaker 1: trouble now. Apart from the will he and won't heat
Speaker 1: and what the potential consequences are, there apparently might be
Speaker 1: some problems with whether this bomb is actually the right
Speaker 1: bomb to do what is needed to be done, because, yes,
Speaker 1: the Iranian facility which is underneath that mountain, is it
Speaker 1: going to be too deep and not able to be penetrated.
Speaker 1: But as you know, it's only American planes that can
Speaker 1: fly it there, and it is only the American bomb
Speaker 1: that is able to drill its way as deep as
Speaker 1: those particular areas. But apparently, according to the economists today,
Speaker 1: America's bunker busting bomb is not sure it's going to
Speaker 1: work when it comes to Iran in terms of the
Speaker 1: stakes about whether he should or shouldn't do it. And
Speaker 1: everyone's got a view on that. A reporter who literally
Speaker 1: almost died covering issues to do with the Middle East
Speaker 1: was works for Fox News and was on Fox News
Speaker 1: with Jesse Waters today explaining what the pros and the
Speaker 1: cons are, and they're always more complicated than it might seem.
Speaker 9: The pros you laid out earlier, Look, you get rid
Speaker 9: of Iran's nuclear facility that the US is the only
Speaker 9: country that can do that. That perhaps leads to a
Speaker 9: change in regime. As you said, the country is falling apart,
Speaker 9: people are striking, people can't afford to live. That could
Speaker 9: change the whole Middle East. With President Trump's relationships with
Speaker 9: Saudi Arabia and Israel, if the Iranian regime was to fall,
Speaker 9: you could change the region. You could pull them away
Speaker 9: from China, pull them away from Russia. It could be
Speaker 9: a geopolitical shock. If that would have happened, it would
Speaker 9: be a seismic change. On the other hand, there are
Speaker 9: potential real negatives, and that is down to how Iran
Speaker 9: will respond. Look, if Iran was to go after American embassies,
Speaker 9: American ships, American bases, and Americans were killed, it would
Speaker 9: quickly lead to escalation. America would have to get involved
Speaker 9: further and further. If they shut the straits of Horn moves,
Speaker 9: oil prices rise, If they use their countless terror proxies
Speaker 9: around the world, we could see an outbreak.
Speaker 1: Yeah, so it's not one and done. It's not drop
Speaker 1: it and walk away. There are consequences where we'll all
Speaker 1: find out together whether the President is going to go there.
Speaker 1: But we certainly know the internal maga fight about all
Speaker 1: of this, about whether they see it as a one
Speaker 1: and done or whether they see it as opening the
Speaker 1: door to going back into a forever war. Well we
Speaker 1: all know about that. In the past few days, Donal
Speaker 1: Trump was asked about all of this, and put simply,
Speaker 1: he says he is maga. It seems like this issue
Speaker 1: on whether or not the United States should strike is
Speaker 1: kind of dividing a lot of your supporters. Now my
Speaker 1: supporter is it for me? My supporters are America first,
Speaker 1: They make America great again. My supporters don't want to
Speaker 1: see round have a new glow open. And one of
Speaker 1: the issues worth noting here is that this internal maga fight,
Speaker 1: however principled or not principled, or look at me, or
Speaker 1: whatever the heck, it actually is. Well that all of
Speaker 1: this amuses the left, because remember, the left are not
Speaker 1: going to ever turn around and give Trump credit. Instead,
Speaker 1: they would love the idea of a key part of
Speaker 1: his supporter base moving away because they, of course are
Speaker 1: heartedly invested in the Trump presidency being a failure, and
Speaker 1: they see a fracturing of support for the president from
Speaker 1: his hardest core supporters is something worth laughing about. Well,
Speaker 1: this is actually not parody, believe it or not, despite
Speaker 1: the two of them sort of acting like caricatures of themselves.
Speaker 1: As you know, very very cold and very close to
Speaker 1: the win winter solstice, which is this weekend. Is the
Speaker 1: CEO of Sleepout from vinnie each and every year we
Speaker 1: have supported many many years. I have done it myself,
Speaker 1: have done shows from there, and I'm pleased to say
Speaker 1: we're joined by somebody in charge of Vinyes and somebody
Speaker 1: who is one of the participants tonight, Yolanda says, is
Speaker 1: the CEO of Vinnis, and by her side right now
Speaker 1: is Christine Mikhale, who is the CEO of l J. Hooker.
Speaker 1: Lady's nice to see you ready for a big one,
Speaker 1: and it looks like it's going to be a particularly
Speaker 1: cold one, Yolander.
Speaker 10: Yeah, it looks like a going to be cold.
Speaker 11: So we're already quite cold out here, Paul and I
Speaker 11: think mid morning it's going to be quite frosty out here,
Speaker 11: so we're looking forward to it. We've heard some amazing
Speaker 11: stories inside already from people who've experienced homelessness and talked
Speaker 11: to the CEOs and business leaders and community leaders about
Speaker 11: the issue of homelessness and we're halfway through the program,
Speaker 11: so we'll be getting back in there soon to hear
Speaker 11: a few more stories.
Speaker 1: Good stuff. About fifteen hundred CEOs around the country will
Speaker 1: be taking part the best part of eight million dollars
Speaker 1: that is to be raised at this point here, but
Speaker 1: again you'll land it. We are now into the twentieth
Speaker 1: of the CEO's sleepouts. It feels like a blink since
Speaker 1: ten and the idea that it moves that fast. Yet
Speaker 1: the issue and problem of homelessness is that there are
Speaker 1: more homeless people than ever before. Is frightening in our communities,
Speaker 1: isn't it?
Speaker 10: Yeah?
Speaker 11: Look, unfortunately that's correct, and more people experiencing homelessness now
Speaker 11: than ever before. We've seen an increase in rough sleeping
Speaker 11: over the last year or so in New South Wales
Speaker 11: in particular and this year and going away, and that's
Speaker 11: because it's a complex issue housing, drug and alcohol addiction,
Speaker 11: perhaps other childhood traumas, as many issues you need to
Speaker 11: fix to get people and if people have homelessness, so
Speaker 11: we continue with that effort. We're working with government obviously
Speaker 11: working with wonderful corporates to find solutions and to help
Speaker 11: as many people as we can.
Speaker 1: Well and this is Imagine if this effort had never existed.
Speaker 1: Imagine if those minions had never been raised. Imagine if
Speaker 1: that awareness, Imagine the position that we would be. You know,
Speaker 1: I think what you and then Vinnyes do is amazing,
Speaker 1: Christine to your experience. I don't know if it's your first,
Speaker 1: your fifth of these CEO sleepbouts, but one of the
Speaker 1: things that a lot of people don't see is what
Speaker 1: happens inside from where you are right now, which is
Speaker 1: hearing from people who have turned their lives around. But
Speaker 1: my goodness, let's be honest, for everyone watching, even myself
Speaker 1: included here, there are not many moves between where we
Speaker 1: stand right now and potential homelessness. Are there?
Speaker 2: That is very true. This is my fourth our CEO
Speaker 2: sleep art, and my hope is I'll continue to come back.
Speaker 2: The stories are real and they really hit home. You know,
Speaker 2: any one of us could be one paycheck away from
Speaker 2: needing the support of Saint Visita Paul, whether that's for welfare,
Speaker 2: for food, for paying bills, or for our being able
Speaker 2: to have some shelter over our head. And the stories
Speaker 2: we've heard so far have really touched the center of
Speaker 2: not just myself but I'm sure all the other CEOs
Speaker 2: and executives here tonight. It really is a phenomenal organization
Speaker 2: and a great program that's run that gives us a
Speaker 2: really good insight as to what SAT visitor Paul do
Speaker 2: and also what the cause is real.
Speaker 1: Yeah, your company with l J. Hooker is synonymous with
Speaker 1: suburban Australia for many a generation. How important is it
Speaker 1: that for a company as significant as yours, that you
Speaker 1: representing it are there and helping.
Speaker 2: I think it's really significant. We are a really privileged
Speaker 2: sector where we get to help people buy a home
Speaker 2: or rent a home every single day, many many times
Speaker 2: a day, and we can see, and I personally can
Speaker 2: see over the last thirty seven years of being in
Speaker 2: the industry just how important a home is and what
Speaker 2: value adds to a person and to families. And for
Speaker 2: us to be able to provide shelter every day for
Speaker 2: those that can afford it is one thing, but being
Speaker 2: here today is my way of assisting people who can't
Speaker 2: afford it every day. And I think it's really important
Speaker 2: we all gather together, whether you're in the sector or not,
Speaker 2: to pull together and help every Australian be able to
Speaker 2: have shelter.
Speaker 1: All right, good stuff, Thank you guys. Congratulations, all the
Speaker 1: best to everyone who's involved, and make the most of
Speaker 1: what is going to be a cold night. I think
Speaker 1: four degrees in Sydney tonight, it'll be five in Melbourne
Speaker 1: and we know it'll be a little bit chillier for
Speaker 1: those that are doing it in Canberra. Thank you guys,
Speaker 1: really appreciate it and thank you for your efforts. A reminder,
Speaker 1: if you would like to sponsor Christine or anyone else
Speaker 1: who is at the CEO sleep Out, the website to
Speaker 1: have a look at is on your screen right now.
Speaker 1: CEO sleepout dot org dot au forward slash donation, CEO
Speaker 1: sleepout dot org dot au forward slash donation again. All
Speaker 1: of this is taking place all the way until tomorrow morning.
Speaker 1: We've seen homelessness as a very significant issue. We've spoken
Speaker 1: a lot about it about the number of people who,
Speaker 1: as a result of the seriousness of things like cost
Speaker 1: of living, who the pressures are on them all day,
Speaker 1: every day. But CEO sleepout dot org dot au more
Speaker 1: than a sec here on Poor Marie Life. Thank you
Speaker 1: very much for watching. We're here with Roma, Bishop, Joe
Speaker 1: Hildebrand and Goo on old school this Thursday night in
Speaker 1: the man cover my friend. No one's going to do
Speaker 1: some satellite issues. Know that we're all here. Lovely to
Speaker 1: see you both, love you to see you too, Joe,
Speaker 1: because I want to get a little plug. Got a
Speaker 1: new podcast up on the Nova platform for the record,
Speaker 1: but spelled FO You Are the record because I have
Speaker 1: a great Tim Blackwell of course from Drive and your
Speaker 1: good self. That's right. Why does FO you are matter?
Speaker 6: But Tim Blackwell thought of that one because we asked
Speaker 6: for he asks four questions, yes, about a big story
Speaker 6: of to day, and then we sort of chat about it.
Speaker 6: We thought about calling it three the record, but that
Speaker 6: just didn't make any sense, so in no way.
Speaker 4: But it's great.
Speaker 6: Tim black has been fantastic and it's very funny. We
Speaker 6: just dropped the first episode.
Speaker 1: And coming soon to sky on news dot com. That
Speaker 1: Are You. I'm going to do one question quiz. It'll
Speaker 1: just be one eventually. We'll just get it down to.
Speaker 6: Now have a podcast, that podcast that's promoting my other podcast,
Speaker 6: Well love.
Speaker 1: You to see you as well of course the carry
Speaker 1: over a chairp as always. Now let's get to tax
Speaker 1: reform and what tax reform actually means because we know
Speaker 1: the fundamentals right. The fundamentals are that the Intergenerational Report,
Speaker 1: which was by the way, released the same day, the
Speaker 1: same day that Donald Trump was taking a mug shot. Okay,
Speaker 1: so let's not pretend Trump turns up and everything turned
Speaker 1: a pup, right. The structural spending of the federal government
Speaker 1: is now so massive that there is expected to be
Speaker 1: zero Obviously there might be every now and then, but
Speaker 1: zero budget surpluses between now in the twenty sixties. The
Speaker 1: population will apparently head up to forty million people, but
Speaker 1: the amount that government spends will continue to go up
Speaker 1: and up, up, up, meaning that the Ponzi scheme starts
Speaker 1: to fail, meaning it's time to start looking for new
Speaker 1: forms of money. In fact, here is the Treasurer saying as.
Speaker 7: Much, now, no sensible progress can be made on productivity,
Speaker 7: resilience or budget sustainability without proper consideration of more tax reform.
Speaker 1: I don't just accept that. I welcome that everything's on
Speaker 1: the table. We've got ninety four seats. The opposition basically
Speaker 1: doesn't exist. We're going to rule forever. Seems like the
Speaker 1: perfect time Bromwin to actually start to say what they
Speaker 1: should have of course been forced to admit before the election.
Speaker 1: But among other things, this is everything from increasing the
Speaker 1: GST negative gearing on how saying if everything's on the table,
Speaker 1: then everything's on the table.
Speaker 5: Well, you've heard me call him the snake charmer because
Speaker 5: he's the illusionist.
Speaker 10: That whole campaign was based.
Speaker 1: On a lie.
Speaker 5: He said the budget is in great shape and then
Speaker 5: he goes to the press club and says it is unsustainable.
Speaker 10: Now, that is the truth that we weren't told that.
Speaker 5: And when he says more tax reform, live off the
Speaker 5: word reform, it just means more. Tax reform is the
Speaker 5: most overused word in the English language currently. It is
Speaker 5: meant to mean is a good outcome, but the way
Speaker 5: it's used it's just plain change. So what we're seeing
Speaker 5: is we've compressed a private sector which is useful and
Speaker 5: does have productivity growth to the exception of the economy
Speaker 5: which is now dependent on government spending. Correct and the
Speaker 5: idea that he wants productivity. Now, when the Wolfer's term
Speaker 5: was designed against productivity, whether it was the ir changes,
Speaker 5: whether it was boosting more money into that sector at
Speaker 5: the expense of the private sector, taking people who were
Speaker 5: in the employment wanting a job going into that shall
Speaker 5: we say, less productive sector than where wealth is generated.
Speaker 10: So it's a mess. And the idea that he's going
Speaker 10: to change the GST, I just laugh at that. I mean,
Speaker 10: I've heard it so often.
Speaker 5: He knows dam well that bracket keep will give bracket
Speaker 5: creep will give him more money than changing the GST,
Speaker 5: and it will have less acts.
Speaker 1: Yeah, I mean, the reality is that because of where
Speaker 1: they sit at their political centers right now, their assumption
Speaker 1: is that if the last major moment of tax reform
Speaker 1: was the nine ninety eight election in and around GST,
Speaker 1: and there was one hell of a backbench.
Speaker 5: To boom say about that, the truth of it was
Speaker 5: that I was on the road selling the GST under
Speaker 5: John Houston.
Speaker 10: It was part of fight back.
Speaker 1: The work had already been done fair.
Speaker 10: Famdard in nineteen ninety eight.
Speaker 5: Quite frankly, John hard didn't have anything else to go
Speaker 5: to the election on. The work had already been done,
Speaker 5: so it was a matter of upgrading, and I was
Speaker 5: back on the road doing I can't tell you how
Speaker 5: many functions I do.
Speaker 10: And it was.
Speaker 5: The real purpose was to abolish the wholesale sales tax,
Speaker 5: which Paul keating had just increased dramatically, and that, in
Speaker 5: fact was why the reason that we went with it.
Speaker 1: And one of the ways that that conversation takes place
Speaker 1: is is that when they were able to turn around, say, look,
Speaker 1: here's half a dozen taxes that currently exist, We're going
Speaker 1: to blast them all out and wrap it into something else.
Speaker 1: I know, I know we're we're fighting with the history there,
Speaker 1: but I'm just saying, just let me get going here,
Speaker 1: which is what is the positive example of tax reforming you?
Speaker 1: Because I know that that could mean, well, tax reform
Speaker 1: also means company tax comes down and individual tax comes down. Yeah,
Speaker 1: but if the budget is currently unsustainable, more revenue has
Speaker 1: to come from somewhere.
Speaker 4: Yep, that's right.
Speaker 6: So one of the things that should cheer you all
Speaker 6: up is tax on electric vehicles. That's one of the
Speaker 6: things that's been flagged because of course, as fuel reliance
Speaker 6: goes down, you lose the petro tax.
Speaker 12: So Biden, please come on that it is we've got
Speaker 12: to tap well done, Okay, that's we are a trillion
Speaker 12: dollars in debt, so this is not so not just
Speaker 12: balancing butt turnerant, So I get, let's give you some
Speaker 12: free run.
Speaker 6: So you do so the best thing you can do.
Speaker 6: I mean the thing that the government has done more
Speaker 6: than anything. As soon as it got this massive mandate,
Speaker 6: as soon as it got this massive number of seats
Speaker 6: or whatever. Everyone's saying, oh, it's going to implement a
Speaker 6: scary new socialists agenda. They've been hiding this green left agenda.
Speaker 6: The first thing they started talking about was productivity. Now
Speaker 6: you can say, well, why didn't you do that in
Speaker 6: your first turn whatever, But that is the government's.
Speaker 1: True second thing.
Speaker 6: That is what tax reform, and that is what. But again,
Speaker 6: one leads to the other gives you more room for another.
Speaker 6: So if you have each worker being more an organization
Speaker 6: of the company's being more productive, they're going to produce
Speaker 6: more tax and that solves your budget problem. So if
Speaker 6: you solve the productivity problem to some extent, you solve
Speaker 6: the tax problem. There is of course a question about
Speaker 6: either broadening the base of the GST or increasing the rate. Now,
Speaker 6: again that solves a lot of problems because you pick
Speaker 6: up a whole bunch of stuff. That means that you know,
Speaker 6: clever accountants can't get out of And I.
Speaker 1: Reckon it's going to I reckon some of that, everything
Speaker 1: on the table is going to be We're going to
Speaker 1: pay negative gearing at two properties starting from this date.
Speaker 1: Everyone who's currently on the arrangement, you'll be fine, right.
Speaker 1: I think there'll be some of that stuff, so they
Speaker 1: can start to fiddle with forever numbers. Because the political
Speaker 1: reality is that if everyone wants a spending but nobody
Speaker 1: wants to pay for it, then one of those two
Speaker 1: things is going to break, and break sooner rather than
Speaker 1: like Well.
Speaker 5: The reason he said that more tax reform is because
Speaker 5: of the need for more money to be spent on
Speaker 5: defense and more money to be spent to support the
Speaker 5: care economy, of which the NDI is, of course, is
Speaker 5: the largest component. The reality is that if you stopped
Speaker 5: try to rewire the nation and gave up on the
Speaker 5: ridiculous concept of transmission lines one trillion dollars, that could
Speaker 5: pay for our defense requirements and it could pay for
Speaker 5: a lot of the care economy.
Speaker 10: But you can't have both.
Speaker 5: You can't have this expensive system of energy which is
Speaker 5: crawling productivity and increase expenditure on defending our own nation.
Speaker 1: I agree. But a problem, or the problem, of course, Joe,
Speaker 1: is we just had an election where it was pretty
Speaker 1: obvious what the government's position was. It was pretty obvious
Speaker 1: what they're double down was numbers just right, and then
Speaker 1: people don't like it.
Speaker 4: I've got no problem with nuclear.
Speaker 6: The Australian Electric does, okay, And yes, there are going
Speaker 6: to be upfront capital expenses associated with building all this infrastructure,
Speaker 6: and yes you're going to kiss goodbye to all those
Speaker 6: you know, those resources.
Speaker 1: From the first person fifteen US is sat here and
Speaker 1: actually said that, yeah, that's right. I guess what it's
Speaker 1: going to cost a lot to build it, and that
Speaker 1: flows through somehow somewhere, and the first one actually admit it.
Speaker 4: And then the hope is that.
Speaker 6: The hope is that eventually, because you've spent all that money,
Speaker 6: once it is there, once you've got the battery storage,
Speaker 6: once the technology is there, and maybe we will have
Speaker 6: small nuclear reactors one day that solve all our problems.
Speaker 6: Maybe green hydrogen will, but this is the way the
Speaker 6: rest of the world is going. Yes it's someone doing
Speaker 6: it with nuclear, but either way, we're not going to
Speaker 6: be able to rely on coal forever simply because there
Speaker 6: will no longer be a market for it elsewhere.
Speaker 4: So we have to start looking at other things.
Speaker 5: The market's going to be there for a long, long
Speaker 5: long time to come. And the reality is that it
Speaker 5: produces the cheapest power, which is why India uses it,
Speaker 5: why China uses it.
Speaker 6: Yep, but they will be coming down and China, I
Speaker 6: mean everyone rolls out the China example. Yes, China's building
Speaker 6: a lot of coal fire power Stata.
Speaker 4: It is also.
Speaker 6: Building a huge amount of wind farms and solar farms.
Speaker 6: It is building more of both than any other economy.
Speaker 6: And that's because it's bigger than any other economy. And yes,
Speaker 6: it gets a bit of a get out of jail
Speaker 6: free card for its coal use because it's got an
Speaker 6: extra the rest of.
Speaker 10: Us cole is producing most of bits required. But also
Speaker 10: and it can do it, and it can do it cheaply.
Speaker 1: But also is Australia sitting in a position where because
Speaker 1: of our comfort. Right, reality is when you look at
Speaker 1: the climate clock of every country and how much they
Speaker 1: produce the said this million times before, right, China takes
Speaker 1: you to quarter past all right, NI zero doesn't affect them, right, Instead,
Speaker 1: thirty three percent of global emissions the third world or
Speaker 1: developing or global South takes you about half past. Right,
Speaker 1: Then we go India, then we go Russia, then we
Speaker 1: go to the United States. That's forty five minutes of
Speaker 1: the climate clock. That basically ain't playing with Parish.
Speaker 6: Yeah, and I think if everyone spent all their energy
Speaker 6: saying no, China should not get a carve out for
Speaker 6: an extra.
Speaker 4: Ten years, that the rest of us don't.
Speaker 6: It is redictus that a company that is a country
Speaker 6: that is clearly a superpower, that has its own space
Speaker 6: program and is effectively an empire state, that they should
Speaker 6: not have that extra ten years, instead of arguing about
Speaker 6: all the other stuff about you know.
Speaker 10: And what do you reckon their reaction b see, Yeah.
Speaker 1: That's all state. That is the real You know what
Speaker 1: I love most Joe is that he's heard every one
Speaker 1: of those lines I've said for how many years? And
Speaker 1: now you know there's free ninety five seats now a
Speaker 1: contender and say, you know what, You're right, Paul, China's
Speaker 1: not a developing country. It's got an all space station. Yeah,
Speaker 1: you're right, Paul, the cost of transmission absolutely correct? All right,
Speaker 1: quick break back with more lots more to talk about
Speaker 1: and strangely agree here, Paul Murray live more than a
Speaker 1: sect including winners and losers of the week. We have
Speaker 1: a little bit of breaking news coming out of Victoria
Speaker 1: and it is all to do with the former Liberal
Speaker 1: leader in state politics there, John Pursudo. Now, as you know,
Speaker 1: there was a deformation proceeding that he lost and that
Speaker 1: he had to pay a significant amount of money to
Speaker 1: the Upper House INMP more redeeming because of defamatory comments
Speaker 1: that he had made. Well, the breaking news after a
Speaker 1: meeting of the Liberal Party tonight is that the Liberal
Speaker 1: Party will loan it's formal leader apparently one and a
Speaker 1: half million dollars to help pay off the defamation bill
Speaker 1: that he has to pay to an Upper House member.
Speaker 1: This means he doesn't go bankrupt, It means it's not
Speaker 1: a by election. Bromwin, your thoughts on the Liberal Party
Speaker 1: bailing out a former leader who had defined one of his.
Speaker 5: Own well right from the beginning, he was very stupid
Speaker 5: in the weak conducted himself. But this decision, to my mind,
Speaker 5: is them saying, how much would a by election cost us?
Speaker 5: Are we prepared to spend money to stop the by
Speaker 5: election occurring?
Speaker 10: Is that figure about one point five million? Therefore we'll
Speaker 10: lend it to him.
Speaker 1: Yeah, it feels like that doesn't it. It's also I mean,
Speaker 1: look again apparently inside the room or the current liberal leader.
Speaker 1: So again doing that calculations on what would a by
Speaker 1: election mean. Remember, of course in terms of previous polling,
Speaker 1: supposedly the governments on the rack. But they said that
Speaker 1: about Victorian Labor going into the last federal election. So yeah,
Speaker 1: that's the point.
Speaker 10: I don't want an election at all. So they've eatened
Speaker 10: it up.
Speaker 1: All right. Credit to our colleagues Simon Love first, with
Speaker 1: information further confirmed by the erld Son and the Age.
Speaker 1: All right, Joe, Yes, let's get to the Trump maga
Speaker 1: and iran of it all. Obviously, this far away, none
Speaker 1: of us have any idea what is about to happen
Speaker 1: in the next little while. But also we do see
Speaker 1: what I think. I don't believe that it's been a
Speaker 1: sore that's been long lasting. But it's this concept of
Speaker 1: how much is Trump a phenomenon on his own versus
Speaker 1: some of the people who have supported him along the way,
Speaker 1: who have worked very hard at the very grassroots level
Speaker 1: to register people to vote, to banging the message, to
Speaker 1: refine the message, to spread the message. Because obviously we
Speaker 1: know a lot of those people don't want what might
Speaker 1: happen in Iran to be the opening of a door
Speaker 1: towards Afghanistan. A right two point zero? What do you
Speaker 1: think of this? As not quite a Trumpert fan, but
Speaker 1: certainly somebody who's aware of it.
Speaker 6: Yeah, I'm not a trumpeter either, but the fact is
Speaker 6: he doesn't have any runs on the board in this
Speaker 6: presidency in terms of foreign affairs. He came in talking
Speaker 6: a big game. I'm not going to pull out the
Speaker 6: whole Taco thing, but he talked a big game on
Speaker 6: Russia Ukraine. Nothing, if anything, it's gotten worse. Pudent's just
Speaker 6: laughing at him and ignoring him. Talked a big game
Speaker 6: on Israel and Gaza, and again same thing. If anything,
Speaker 6: the situation has declined. Iran is different because Russia Ukraine
Speaker 6: that's something intractable. It's been a fight over territorial fight
Speaker 6: for centuries. Same with Israel and Palestine. Iran is actually
Speaker 6: pretty straightforward. For one thing, it's very clear what the
Speaker 6: US could do to make a real difference, which is
Speaker 6: to just give Israel a rather just come in and
Speaker 6: use those big bunker busting bombs that get into those
Speaker 6: deep underground bunkers where they think they're hiding all their
Speaker 6: nuclear stuff. So the US could do that. It's a
Speaker 6: very clear option. And then what happens, How do the
Speaker 6: Iranians retaliate? No one likes the Iranian regime. The Iranian
Speaker 6: people don't like the Iranian regime. If it's weak enough
Speaker 6: and you take out enough of the revolutionary guard, there's
Speaker 6: every chance there could be another revolution like there was
Speaker 6: just over a decade ago, and this one could work.
Speaker 4: Iran's only ally is Russia.
Speaker 6: It's currently up to its armpits in blood and the
Speaker 6: other stuff. In Ukraine, it doesn't have any resources it
Speaker 6: can lend Iran. You've got Putent running around trying to
Speaker 6: provide political coverings.
Speaker 4: Oh no, we should seek a diplomatic solution.
Speaker 6: It's like really like you did with Ukraine.
Speaker 1: But it's the capacity for sleeper cells, our god, that
Speaker 1: to be the blowback paper cells.
Speaker 6: Aren't really sure though they're Sunnis bromisis Is. Sunni Isis
Speaker 6: hates Iran more than anyone else.
Speaker 10: Well, you left out one ally of Iran, and that's China.
Speaker 6: Correct, That's that's the sort of a couple of degrees removed,
Speaker 6: I think.
Speaker 5: But yes, it's a very particularly on sourcing oil Iran.
Speaker 5: But I I think firstly on the question of will
Speaker 5: the mega base stick. You've even got Steve Bannon coming
Speaker 5: out late this afternoon saying whatever.
Speaker 10: He decides, if he goes in, they'll stick with him.
Speaker 1: Yeah. But that's also in part because, and this is
Speaker 1: the interesting thing about some of those voices, they want
Speaker 1: proximity to Trump, right. Their strength comes from their proximity
Speaker 1: to Trump, not necessarily their opposition to Trump. In Bannon's role, particularly,
Speaker 1: he has to adventure. There's only so far he can
Speaker 1: go out before you come back in. But it's a
Speaker 1: fair observation that yes, it is starting to come back in.
Speaker 1: It is done.
Speaker 4: This would involve any boots on the ground. That's the
Speaker 4: other thing.
Speaker 1: You can.
Speaker 4: Boots on the ground at all.
Speaker 10: I think I think there's still a question mark.
Speaker 5: Would the be fifty two dropping this very large bomb
Speaker 5: actually work?
Speaker 1: And this apparently no, that's the discussion. Is apparently part
Speaker 1: of the back way to find out. But literally this
Speaker 1: version of it has never been used before. So they're
Speaker 1: trying to say, hang on, okay, if I do this,
Speaker 1: this could kick up a hornet's nest. Am I going
Speaker 1: to kill the Hornet's nest.
Speaker 5: The other thing is I think it's interesting that Israel
Speaker 5: doesn't come out and say we want America to come in.
Speaker 5: They say, we're fighting this, we're doing this, we want assistance.
Speaker 5: Is that the only solution or are there other things
Speaker 5: they've got in mind?
Speaker 1: Well, but also the obvious assistance is through the munition.
Speaker 1: So the only reason they're able to keep things safe
Speaker 1: out of the sky is about the amount of re enforcement.
Speaker 10: Trump is not doing nothing America.
Speaker 6: That's right, But obviously the big bunker busters are stuff
Speaker 6: that presumably the US would only let its own personnel
Speaker 6: use as much as the resource doesn't have that material.
Speaker 6: It has to be a US soldier who deploys. A
Speaker 6: US officer.
Speaker 10: Member of the US says, the big bomb would do that.
Speaker 4: But what better way to find out?
Speaker 6: Again, but you do this to a Iran who comes
Speaker 6: to their aid. None of the other Gulf states do.
Speaker 1: They all hate them.
Speaker 4: Rush is too busy.
Speaker 6: China is not going to launch World War II for
Speaker 6: the sake of Iran. It doesn't care about it that much.
Speaker 6: It's got other priorities.
Speaker 1: And last one's here, winner and loser of the week,
Speaker 1: who stands out for you?
Speaker 10: Well, the winner of the week I think is the CEOs.
Speaker 10: He've done the sleep out.
Speaker 1: We'll play, will play.
Speaker 5: And the loser of the week is Alban Easy and
Speaker 5: he honestly looks like a groupie chasing after a rock star.
Speaker 1: What about? What about is his grab where he was
Speaker 1: talking about essentially, you know, I'd met with lots of
Speaker 1: people at the kids and then just to pat out
Speaker 1: the answerside, and I've said good ad to a lot
Speaker 1: of them as well. Even what a win Joe.
Speaker 4: I'm going to say the winner is John Persudo.
Speaker 6: I mean, how on earth do you get yourself as
Speaker 6: a registered charity for.
Speaker 4: A one point five billion million dollar donation to.
Speaker 6: Pay a legal bill you could have got out of
Speaker 6: about six different times. And I would say the loser
Speaker 6: of the week. Controversially, I know, I'd say the loser
Speaker 6: of the week is Donald Trump because he missed out
Speaker 6: on the pleasure of Elbow's company.
Speaker 1: And imagine, I mean imagine I triggered a few peeps.
Speaker 1: Certainly he could do the vote roses of red, violets
Speaker 1: of blue. But just in case you missed, what at
Speaker 1: this this moment of trying to pad out the CV
Speaker 1: about how great the G seven was here is the
Speaker 1: d leader.
Speaker 3: I had discussions with President mccron of France, Prime Minister
Speaker 3: Modi of India, Prime Minister Ramoposa of South Africa, Prime
Speaker 3: Minister Shinbaum of Mexico, Prime Minister Maloney of Italy, as
Speaker 3: well as saying gooday to a whole bunch of other
Speaker 3: people during the day.
Speaker 4: Oh good day, and the NATO secretary there as well. Already,
Speaker 4: thank you lovely people. I'd be proud to be in Australia.
Speaker 1: I'm sure, no doubt. All right, all right, thank you guys.
Speaker 1: Next week, Love you guys, Thank you Broblin, Thank you Joe.
Speaker 1: It's how break. We'll be back more in a second
Speaker 1: before we are done here. When it comes to our
Speaker 1: week on Paul Murray Live, don't forget the late debate
Speaker 1: firing up about seven minutes from now that I've got
Speaker 1: plenty more to say before there. Can I show you
Speaker 1: a picture. This is not a work of art, but
Speaker 1: this was something that was apparently on its way away
Speaker 1: in New South Wales public school. That is a bench
Speaker 1: made up of mushrooms. Apparently it was worth eighty thousand dollars. Right,
Speaker 1: guess what it is? Not to be turning up at
Speaker 1: a public school because it's been ruled a bio hazard.
Speaker 1: Nobody double check anywhere. I mean, remember all these people
Speaker 1: all day every day in the bureaucracy. You know what
Speaker 1: we need. We need a mushroom chair because that will
Speaker 1: exploit creativity and will create inclusiveness. Or maybe it's a
Speaker 1: metaphor for how the left think of you know, the
Speaker 1: general citizenry. Right, keep you in the dark and feed
Speaker 1: you dot dot dot right. Anyway, an independent Commission Against
Speaker 1: Corruption Inquiry has heard about all of this that Schools
Speaker 1: in Structure in New South Wales had a conversation and
Speaker 1: they paid a consulting firm from six hundred and six
Speaker 1: sorry six hundred and seventy six thousand dollars to produce
Speaker 1: a sustainability and innovation roadmap for building a and furnishing schools,
Speaker 1: including investigating the use of engineered living materials. So the
Speaker 1: result was somebody came up with that garbage. The person
Speaker 1: decided that this root like fungal material at a cost
Speaker 1: of seventy nine thousand, seven hundred dollars from a US
Speaker 1: based company would be great for a new public school
Speaker 1: which is being redeveloped it's actually an old public school
Speaker 1: Fort Street at Observatory Hill in Sydney. However, despite somebody
Speaker 1: understanding that the bench would meet astraight his strict quarantine requirements,
Speaker 1: by the time it arrived in Sydney more than a
Speaker 1: year later, customs officials said computer says no. I just
Speaker 1: want to say congratulations to every single person involved in
Speaker 1: this decision. From the person who went, yeah, we should
Speaker 1: have more of these, to the person who said, yah,
Speaker 1: I'll give you the money more of these, to the
Speaker 1: person who said yeah, has that turned up yet, man,
Speaker 1: To the person who said yeah, it'll be okay, dude,
Speaker 1: to the person who said, oh, I think we've got
Speaker 1: a problem. But most importantly to the kids who will
Speaker 1: never have to see that ugly garbage anywhere near their school.
Speaker 1: Have a great weekend. Go Tigers, Go Yankees. See you Sunday.
Speaker 1: He's the late Debate