1 00:00:00,040 --> 00:00:02,960 Speaker 1: Prime Minister's speech yesterday afternoon to what I assume was 2 00:00:02,960 --> 00:00:04,760 Speaker 1: a business audience. I couldn't see it as I watched 3 00:00:04,800 --> 00:00:07,520 Speaker 1: it live. It was well received. As my point, another 4 00:00:07,560 --> 00:00:10,200 Speaker 1: piece of tangible evidence that we are at last trying 5 00:00:10,240 --> 00:00:13,800 Speaker 1: to get this place moving economically again. The Nomad visa 6 00:00:13,880 --> 00:00:16,960 Speaker 1: Digital nomad announcement the other day was of a similar vein, 7 00:00:17,320 --> 00:00:19,560 Speaker 1: but a mile too late. Sixty plus countries, of course 8 00:00:19,600 --> 00:00:21,920 Speaker 1: have a similar scheme already. And to be honest, if 9 00:00:21,920 --> 00:00:23,800 Speaker 1: you're on holiday, think about this. I mean you open 10 00:00:23,800 --> 00:00:26,239 Speaker 1: your laptop right. Are you a visitor or are you 11 00:00:26,280 --> 00:00:29,920 Speaker 1: a digital nomad? Yesterday's Golden Visa is not a minute 12 00:00:29,960 --> 00:00:32,360 Speaker 1: too soon for a couple of reasons. One, the settings 13 00:00:32,360 --> 00:00:34,960 Speaker 1: from the last government bordering on an economic crime. Prior 14 00:00:35,040 --> 00:00:38,440 Speaker 1: to COVID, investors brought in money to the value of billions. 15 00:00:38,800 --> 00:00:40,879 Speaker 1: Post the changes made by Labor. The Prime Minister told 16 00:00:40,960 --> 00:00:43,440 Speaker 1: us it was about seventy million. It's a joke. It's 17 00:00:43,479 --> 00:00:47,199 Speaker 1: almost as though they hated being successful. Two simplified categories 18 00:00:47,200 --> 00:00:49,400 Speaker 1: if you've missed it, five million over three years for 19 00:00:49,479 --> 00:00:51,839 Speaker 1: a risk of your investment, ten million over five for 20 00:00:51,880 --> 00:00:54,400 Speaker 1: a safer one and two the other reason we needed 21 00:00:54,400 --> 00:00:57,320 Speaker 1: to move is it's likely Peter Dutton in Australia is 22 00:00:57,360 --> 00:01:00,000 Speaker 1: going to reintroduce the Golden visa. There little of any 23 00:01:00,120 --> 00:01:03,520 Speaker 1: requirements outside the money he stands, of course, AHAs decent 24 00:01:03,640 --> 00:01:05,280 Speaker 1: chance on being the Prime Minister in a couple of 25 00:01:05,280 --> 00:01:08,920 Speaker 1: months time. We simply have to be competitive, which is 26 00:01:08,959 --> 00:01:11,440 Speaker 1: why we have also dropped the language test, not as 27 00:01:11,480 --> 00:01:13,120 Speaker 1: the Prime Minister point it out, because no one can 28 00:01:13,120 --> 00:01:16,000 Speaker 1: speak English because they can. It's because we look arrogant 29 00:01:16,000 --> 00:01:18,360 Speaker 1: and childlike in making people who want to improve the 30 00:01:18,360 --> 00:01:22,320 Speaker 1: country sit a test. This isn't school, it's real world business. 31 00:01:22,800 --> 00:01:24,959 Speaker 1: The next move and given our talk with Winston Peters 32 00:01:24,959 --> 00:01:27,720 Speaker 1: on the program Friday, I am convinced the speculation that 33 00:01:27,840 --> 00:01:30,880 Speaker 1: is rife is right. The next step is housing. Not 34 00:01:31,000 --> 00:01:33,520 Speaker 1: everyone who invests wants or needs to live here, But 35 00:01:34,000 --> 00:01:36,319 Speaker 1: the Prime Minister's speech contained the thought that once you 36 00:01:36,440 --> 00:01:40,240 Speaker 1: take the plunge, opportunities arise. It might be you like 37 00:01:40,280 --> 00:01:42,520 Speaker 1: the place. It might be you have more money, more ideas. 38 00:01:42,560 --> 00:01:44,640 Speaker 1: It might be you want to hang around for a while. 39 00:01:44,720 --> 00:01:46,920 Speaker 1: To do that, you need to buy a house. The 40 00:01:46,959 --> 00:01:50,240 Speaker 1: foreign band then becomes absurd. Stand by for the change 41 00:01:50,240 --> 00:01:52,720 Speaker 1: to that policy. And like these other moves, not a 42 00:01:52,840 --> 00:01:56,520 Speaker 1: moment too soon. For more from the mic Asking Breakfast, 43 00:01:56,680 --> 00:01:59,960 Speaker 1: listen live to news talks it'd be from six am weekdays, 44 00:02:00,240 --> 00:02:02,280 Speaker 1: or follow the podcast on iHeartRadio