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Speaker 1: International correspondence with Ends and Eye Insurance, Peace of Mind

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Speaker 1: for New Zealand Business.

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Speaker 2: Murray old Zsie corresponding with US Hella.

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Speaker 1: Muzz, Hello weather, Very good afternoon.

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Speaker 2: There was a bit of nothing last night, Wasn't.

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Speaker 1: It a great, big nothing burger? As Donald Trump once said?

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Speaker 1: And I think a lot of people over here saying, well,

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Speaker 1: what was that all about?

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Speaker 2: You know?

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Speaker 1: It was three and a half minutes. Anthony Albanezi told

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Speaker 1: the Networks radio television it's going to be big seven

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Speaker 1: o'clock Eastern time, and he basically gave us a laundry

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Speaker 1: list of what his government had done. And today he's

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Speaker 1: announced a billion dollar I suppose program to try and

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Speaker 1: help farmers and trucking companies. Basically, he spelled out what

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Speaker 1: the government's done in response to be more pain because

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Speaker 1: there's no end in sight of the war. Until the

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Speaker 1: war's over and the infrastructure that's required to get that

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Speaker 1: oil flow moving again is complete, it is fixed, is repair.

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Speaker 1: We're still going to have great, big question marks and

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Speaker 1: that's not what farmers want to hear. You can't conjure

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Speaker 1: and diesel out of nothing. The government's telling us that

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Speaker 1: all the ships that have been ordered and paid for,

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Speaker 1: are on their way to Australia refined product and crude oil.

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Speaker 1: But there's just this uncertainty, and it's not just Australia,

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Speaker 1: of course, the whole world's uncertain at the moment until

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Speaker 1: such time as this war is over. So look, he's

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Speaker 1: bought himself some time. The opposition wasn't very impressed, and

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Speaker 1: I think most Australians are saying, well, what the heck

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Speaker 1: was that all about? Now?

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Speaker 2: I wondered if if what he was doing was laying

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Speaker 2: the groundwork for Australians to understand that things were going

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Speaker 2: to Like the thing that stuck with me was when

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Speaker 2: he said things are going to get tough in the

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Speaker 2: next few months, and I just wonder if he's sort

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Speaker 2: of just seeding that idea so when it does get

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Speaker 2: half it's not a surprise.

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Speaker 1: Well that's a very good point and it was one

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Speaker 1: that was campus this morning in the national newspapers. There

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Speaker 1: was also framed in the context of the upcoming budget budget,

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Speaker 1: because you know, this war has completely upended any budget preparations.

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Speaker 1: You know it was going to be as steady as

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Speaker 1: she goes budget, no big handouts, all the rest of it. Well,

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Speaker 1: maybe this has given him an opportunity to use some

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Speaker 1: of that massive thumping political mandate. He's got to actually

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Speaker 1: enact some profound change. Some change in the tax system

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Speaker 1: is desperately needed, for example. So look, there's a lot

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Speaker 1: of uncertainly lots of balls in the air. Your point

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Speaker 1: is very valid. It's going to get a hell of

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Speaker 1: a lot tougher before it gets better. And I don't

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Speaker 1: think you need to be a rocket science to work

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Speaker 1: that out. But he is certainly looks he's spelled out

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Speaker 1: what they've done, but warned is more to be done,

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Speaker 1: and it's don't blame us, please blame someone else.

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Speaker 2: Now, the energy industry isn't very happy about the tax situation,

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Speaker 2: is it?

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Speaker 1: Oh they frightened stuff. Oh the poor petals. They're making millions,

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Speaker 1: billions and billions of dollars in extra profits by exporting

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Speaker 1: Australian gas to the rest of the world. And Australia's

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Speaker 1: got potentially a looming crisis this winter. We won't have

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Speaker 1: enough gas to power the East coast of Australia, Western Australia.

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Speaker 1: About if I said twenty years ago, maybe a little

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Speaker 1: bit shorter than that, but around twenty years ago the

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Speaker 1: West Australian government said, you know what, you blokes who

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Speaker 1: were digging this out of the ground in our state,

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Speaker 1: you're going to have to reserve a certain amount. I

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Speaker 1: think it's twenty five percent must be reserved for the

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Speaker 1: citizens of Wa, right, so you can export seventy five percent.

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Speaker 1: The boneheads in Canberra and at the other states never

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Speaker 1: thought to do that. And now, of course all this

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Speaker 1: gas is being exported around the world. Very little tax

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Speaker 1: is being paid, according to the government, by these great,

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Speaker 1: big international companies, and the government's now saying, and it's

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Speaker 1: it's relying too on very very strong public opinion. These

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Speaker 1: companies should be paying more tax. The order of twenty

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Speaker 1: five percent's been floated. Well, I mean, it's like checking

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Speaker 1: little the sky is going to fall in. No, No,

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Speaker 1: they'll drive away investment. Nobody will want to come here. Well, hello,

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Speaker 1: yes they will because gas is plentiful. Part of the

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Speaker 1: problem over here is that successive government state and federal

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Speaker 1: have been reluctant to dig it up out of the ground.

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Speaker 1: The Greens have been howling about wombats and the like.

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Speaker 1: The drillers are saying, we need more certainty about our profits.

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Speaker 1: All the government's saying and perhaps in light of your

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Speaker 1: question a moment ago, times are going to get tough. Well,

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Speaker 1: guess what, You're going to have to pay a fairer share,

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Speaker 1: and we do want some reserve this winter. And let's

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Speaker 1: see how that mop flops because the energy companies are

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Speaker 1: screaming bluebot.

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Speaker 2: Yeah all right, hey, Mar's look after yourself. Happy Easter

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Speaker 2: to you, mate, Really appreciate.

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Speaker 1: All your with Thank you YouTube mate.

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Speaker 2: You Murray Olds, Ossie correspondent. For more from Hither Duplessy

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Speaker 2: Allen Drive, listen live to news Talks it'd be from

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Speaker 2: four pm weekdays, or follow the podcast on iHeartRadio