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Speaker 1: International correspondence with ends in Eye Insurance, Peace of Mind

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Speaker 1: for New Zealand Business, Murray old Gogy, correspondent for that's

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Speaker 1: mars I Philip, but sick I paid her out on Tuesday.

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Speaker 2: Now, well, I mean, you know, like, I feel like

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Speaker 2: the AFL guys have actually done a bet. They're obviously

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Speaker 2: not very good at negotiations, because if you're paying that

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Speaker 2: kind of money, you get to say five bangers, don't you.

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Speaker 1: Mike, I would have got crowded house much more relevant

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Speaker 1: to Australia.

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Speaker 2: Do you reckon AFL fans like Katie Perry?

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Speaker 1: Well, look, and most of them would be bogans like me.

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Speaker 1: They wouldn't. They would never have heard of her. Nah.

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Speaker 2: So you probably want like nickel Back or something like that.

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Speaker 1: Don't you Nickelback? I don't know them either.

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Speaker 2: Oh muzz come on may.

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Speaker 1: No mate, no, no, no, honestly give me Charlie mussel

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Speaker 1: Wide or taj Mahal.

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Speaker 2: Okay, yeah, you're your old school bogain, So I'm going

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Speaker 2: to give you that. Now, listen, what is going on,

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Speaker 2: which is also cool. What's going on with the labor

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Speaker 2: policy on investment properties? What's going on here?

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Speaker 1: This is a policy. But like Harry Potter and the

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Speaker 1: person who must never have his name used, which is Voldemort,

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Speaker 1: this is negative gearing. It's a polity. It's been around

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Speaker 1: for about thirty years. Basically, if you have an investment property,

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Speaker 1: and a fair number of Australians do, if you pay

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Speaker 1: more and outgoing so they put a new kitchen in

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Speaker 1: or do up the bathroom, where you're paying strata fees,

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Speaker 1: repairs rates and so on, you can claim that as

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Speaker 1: a big tax deduction, massive tax breaks for negative geared

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Speaker 1: properties if you spend more on the property than you

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Speaker 1: make and rent. Okay, So that's and also there's a

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Speaker 1: special capital gains tax component that applies to investment properties.

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Speaker 1: So the last two elections Labor a bigger partner the

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Speaker 1: elections twenty sixteen twenty nineteen, Labor went to the election

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Speaker 1: saying we're going to reform this area of tax and

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Speaker 1: they got creamed. So, you know, very tentatively, because we've

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Speaker 1: got a house and crisis here, interest rates staying high.

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Speaker 1: Labor has suggested episodes lightly that maybe reform to negative

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Speaker 1: gearing would be the way to go. Sentiments dramatically turned

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Speaker 1: against old boomers like you know, like me, like other

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Speaker 1: MPs in the country, many of whom I mean Peter

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Speaker 1: Dutton's got about six or seven investment properties. He's a

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Speaker 1: multi multimillionaire, and young people are saying, listen to you,

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Speaker 1: old fogies and suits, we want a chance to get

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Speaker 1: into the housing market. So Albanze's running a million miles

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Speaker 1: an hour away from this suggestion. He said, oh, look,

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Speaker 1: I didn't I haven't asked for any of this work

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Speaker 1: to be done. It's being done by Treasury, Okay. So

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Speaker 1: he's trying to put distance out there, but at the

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Speaker 1: same time he's trying to whistle to the young people

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Speaker 1: who are trying to get in the housing market. We

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Speaker 1: hear your complaints, and maybe you're going to see a

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Speaker 1: policy that's going to allow those tax breaks. And they're

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Speaker 1: worth hundreds and hundreds of millions of dollars every year,

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Speaker 1: maybe one property, not ten or fifteen like some people own.

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Speaker 1: So it's very difficult.

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Speaker 2: You'll see how it goes down. Hey, are you guys

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Speaker 2: sending the or federal government sending any MPs over to

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Speaker 2: Israel for the October seven community?

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Speaker 1: Yes, yes, the Attorney General is going. Mark Dreyfus, he

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Speaker 1: is the most senior Jewish MP in the Federal government.

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Speaker 1: Very yet bright fellow, and he's going to represent Australia

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Speaker 1: in Israel or October seven, of course, one year since

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Speaker 1: that dreadful, horrible Hamas attack on Israeli citizens. The visit

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Speaker 1: conditional obviously hither and whether it's safe given the ongoing

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Speaker 1: Gaza conflict now attacks in Lebanon by Israel and Hezbolla

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Speaker 1: also going with Mark Draves. He was asked to go

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Speaker 1: by Albanezi. The ex Prime Minister. Scott Morrison is also

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Speaker 1: going to be there, both he and Drevis, apparently giving

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Speaker 1: speeches at Account of Terrorism summit. Here in Australia. The

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Speaker 1: Jewish community has got major events planned for October seven,

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Speaker 1: plus a candle that vigil across the country the night before.

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Speaker 1: But the Zanga because there's these morons anti Israel protesters

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Speaker 1: over here, are also planning pro Palestinian rallies to mark

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Speaker 1: the anniversary, which is obviously not very well received over here.

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Speaker 2: No I can imagine. Now, what do you make of

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Speaker 2: this defacing of the Indian born woman, you know that

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Speaker 2: placards and stuff in Melbourne.

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Speaker 1: Yeah, here's a woman who came to Australia from India

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Speaker 1: as a four year old. She's now nearly fifty. She's

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Speaker 1: been here all of bloody life. I mean, hello, she's

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Speaker 1: an Australian, You morons and people with IQs about their

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Speaker 1: shoe size, because she is standing for local government in

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Speaker 1: an area called Casey in western Melbourne. Here's a fact.

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Speaker 1: For the idiot who defaced the posters, go back home

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Speaker 1: to where you came from Australia. For Australians, I mean,

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Speaker 1: this is the sort of level of debate in Casey.

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Speaker 1: Almost fifty percent of the people who live in Casey

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Speaker 1: were born overseas. So this lovely young woman apparently you know,

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Speaker 1: Jamal Kahan Singh is her name, and very dignified, she says, listen,

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Speaker 1: I don't know who did this. I don't get much care.

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Speaker 1: But here's the thing, moron, I am modern Australia. I

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Speaker 1: am contemporary Australia. I was born overseas, but here I

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Speaker 1: am making a contribution to my community, as are so

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Speaker 1: many other assies and people like this, you know, defacing

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Speaker 1: her electoral posters. Honest to god, I mean, what would

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Speaker 1: you do with them? You just give him a belt

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Speaker 1: and the bum wouldn't you just say? What morods would

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Speaker 1: do that.

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Speaker 2: Yeah, no, it's hard to explain. It is out and

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Speaker 2: out racism, judging by what's written on the billboards. Muz listen,

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Speaker 2: thank you, I always really appreciated. That's Murray Olds, our

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Speaker 2: Australia correspondent. For more from Hither Duplessy, Allen Drive, listen

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Speaker 2: live to news Talks it'd be from four pm weekdays,

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