WEBVTT - Murray Olds: Australia Correspondent on Washington's call for Australia to boost its defence spending and Trump's new steel tariff

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<v Speaker 1>You're listening to a podcast from news Talk zed Be

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<v Speaker 2>You know this is why I have you. I have

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<v Speaker 2>you to keep me honest because I said there was

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<v Speaker 2>only one team in the Super playoffs. In fact there

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<v Speaker 2>are two Queensland and at the Brumbies Act the Brumbies,

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<v Speaker 2>So I apologize. It was just that was just off

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<v Speaker 2>the top of my head and I got it wrong.

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<v Speaker 2>But Murray Old's is still only two Australian teams and

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<v Speaker 2>four the Kiwi teams in the playoffs.

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<v Speaker 3>The okay, then, yeah, I'm quite fine with that. Particularly

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<v Speaker 3>good morning Andrew, since my Crusaders we got out of jail.

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<v Speaker 3>I think it's the Brumbies that little knock on right

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<v Speaker 3>at the end that was missed by the rev. But

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<v Speaker 3>you know, I mean, look, it does mean a lot

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<v Speaker 3>because it means home, home Quarters and home semis and

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<v Speaker 3>so on. So the faithful in Campberra weren't happy, they

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<v Speaker 3>were booing and so on. But look, I was taken

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<v Speaker 3>back twenty five years to when Andrew Merten's slots a

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<v Speaker 3>goal in the year two thousand to win the whole

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<v Speaker 3>title for the Crusaders. I think was after the whistle

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<v Speaker 3>even I think we won twenty one twenty and that

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<v Speaker 3>was a huge night and the locals weren't happy then either.

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<v Speaker 3>So fast forward a quarter century and look we didn't

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<v Speaker 3>get the chocolates. But it just underlines, doesn't it, the

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<v Speaker 3>big gap that continues to exist between the two trans

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<v Speaker 3>Tasman rugby rivals. I meant a minute to midnight, we've

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<v Speaker 3>got the British and Irish and Irish Lions coming here

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<v Speaker 3>and you'd have to say there's really only one Australian

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<v Speaker 3>team that looks up to the mark and that is

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<v Speaker 3>the Brumbies coach by Stephen Larkham. Queensland have had a

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<v Speaker 3>lot of injuries. The force and I mean New South

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<v Speaker 3>Wales used to be the powerhouse of the son in rugby.

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<v Speaker 3>It's fallen right off a cliffandrix. So look, there's a

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<v Speaker 3>lot to play for for New Zealand teams. I feel

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<v Speaker 3>sorry for the other South Island team, the poor old Highlanders,

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<v Speaker 3>but that's the way the cookie crumbles, as they say,

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<v Speaker 3>So look for two Glisloe Cup, correct me? Here? Is

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<v Speaker 3>it twenty two or twenty three years since the Knuckleheads

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<v Speaker 3>have actually won that so there's a lot riding on

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<v Speaker 3>the and you've got the two million dollar men. You've

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<v Speaker 3>got Tannyella Tupo waddling around like yeah, you know he's

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<v Speaker 3>lost the you know, the way to the buffet. And

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<v Speaker 3>you've got the other guy, the young chap who has

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<v Speaker 3>got a broken jaw, come back with broken jaw and

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<v Speaker 3>I can't think of his name, but I mean that

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<v Speaker 3>are the two big stars for Australian rugby, so they

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<v Speaker 3>need them to be firing as well.

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<v Speaker 2>Yes indeed, But yeah, I did worry when I saw

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<v Speaker 2>the Lions are coming because Northern Hemisphere rabby is strong,

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<v Speaker 2>and then they get a combined strong team. But then

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<v Speaker 2>I watched the beginning of Super Rugby and I thought, hello,

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<v Speaker 2>the Aussies have really come up to the mark here.

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<v Speaker 2>They're good, but just it just peetered out towards the end.

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<v Speaker 2>What I'm really interested in is whether an ANZAC side,

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<v Speaker 2>which they're going to do on this tour, a New

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<v Speaker 2>Zealand Australian combined side, is actually going to come up

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<v Speaker 2>to a mark and actually be competitive. But that's more

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<v Speaker 2>to come. There's just some serious news that I love

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<v Speaker 2>hearing you talk about sport Marriot's fair to say, but

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<v Speaker 2>some serious news and Australia is getting bullied by the

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<v Speaker 2>United States.

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<v Speaker 3>Well indeed in terms of the you know, the defense

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<v Speaker 3>spend that Australia is prepared to commit to. And this

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<v Speaker 3>happened up in Singapore the shangrilad dialogue. It's an annual thing.

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<v Speaker 3>Pete Hesgeth the chap of the lantern during the Lovely haircut.

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<v Speaker 3>It happens to be Donald Trump's Defense secretary, and he

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<v Speaker 3>basically said to Asian Pacific listen, Europe's spending you know,

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<v Speaker 3>up of four percent maybe five percent on defense every

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<v Speaker 3>year of GDP, Australia, other Asian nations, you have to

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<v Speaker 3>sort of match up. Well, Anthony Albanezi predictably came out

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<v Speaker 3>and said, well, you can bug it right off. We're

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<v Speaker 3>not interested in getting bullied by you guys. We will

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<v Speaker 3>determine our defense spend and our defense policy. I mean,

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<v Speaker 3>the fact of the matter is America's got Australia and

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<v Speaker 3>a hook for nearly four hundred billion dollars on submarines

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<v Speaker 3>that may never be delivered, nuclear submarines that may never

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<v Speaker 3>ever see Australian waters. There's no guarantees and so we're

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<v Speaker 3>committed all this money into the future. I mean next

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<v Speaker 3>fifty sixty years. Who on Earth knows what's going to happen.

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<v Speaker 3>Are we still going to need nuclear submarines hideously expensive

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<v Speaker 3>and so on the Is it going to be a

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<v Speaker 3>war of droanes? Is it going to be it that

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<v Speaker 3>shuts down petrol pumps and banks right across the country.

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<v Speaker 3>I mean, what's war going to look like in half

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<v Speaker 3>a century? We have no idea. So it's a bit

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<v Speaker 3>rich for Washington to say to Canberra, Listen, you've got

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<v Speaker 3>to bump up your spending. I mean, do we spend

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<v Speaker 3>more on drones? Do we cancel this ridiculous submarine deal.

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<v Speaker 3>There's a lot of questions here for the brand new

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<v Speaker 3>alberan Esy government, but there was credit Anthony Albanesi and

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<v Speaker 3>stood out over the weekend and said you rack.

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<v Speaker 2>Off good okay. And there's a lot of debate about

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<v Speaker 2>whether Trump wants to give you the submarines in the

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<v Speaker 2>first place. So there's the thing. And he's not a

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<v Speaker 2>mate because he's gone and doubled the steel tariff.

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<v Speaker 3>Yes, I know, fifty percent. It look desert heard Australia. Well,

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<v Speaker 3>yes it does. We do that there's about a billion

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<v Speaker 3>dollars worth of Australian steel and alumina No italianminium, knucklehead,

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<v Speaker 3>it's about a billion dollars of Australian steel and aluminium

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<v Speaker 3>export to the United States every year fifty tariff. Well,

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<v Speaker 3>they still need that Australian steel and aluminium, so it's

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<v Speaker 3>going to be still going into America. The fact of

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<v Speaker 3>the matter is Australia those products are going to be

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<v Speaker 3>catched an extra twenty five percent by the Trump administration.

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<v Speaker 3>And who's going to pay that. It'll be the American consumers,

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<v Speaker 3>the car makers, the people making all the boilers for

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<v Speaker 3>the plants that Trump says are going to be built

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<v Speaker 3>to fund his brand new make America great again. I mean,

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<v Speaker 3>it's just such a silly, silly thing to do and

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<v Speaker 3>making it more expensive for American consumers. And as Anthony

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<v Speaker 3>Albineasi said in the week, it is not the act

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<v Speaker 3>of a friend. So where this goes? I mean, and

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<v Speaker 3>they have a look at markets, the people are scratching

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<v Speaker 3>their head saying, where the hell is this going? Because

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<v Speaker 3>I don't think Donald does Donald Trump have any idea?

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<v Speaker 3>Certainly the markets have no idea what he's planning and

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<v Speaker 3>you know what is next. But all we know is

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<v Speaker 3>that it's royaling world markets and it's not good for anybody.

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<v Speaker 2>All right, Murray, I thank you so much for your

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<v Speaker 2>turn this Murray holds Out of Australia.

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