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Speaker 1: Now a question for you. Has the Penny Dropp day

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Speaker 1: no shortage of headlines and news coverage yesterday out of

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Speaker 1: our interview with the Prime Minister on the Reserve Bank,

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Speaker 1: so in a nutshell luction suggested Hawksby blew it should

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Speaker 1: have could have moved faster on the cash rate. This

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Speaker 1: is news not because the PM is right. We all

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Speaker 1: know he's right, but there is a convention whereby because

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Speaker 1: the Reserve Bank is independent, you don't bag them, especially

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Speaker 1: if you're a politician, far less the most influential politician.

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Speaker 1: But here's why Luckxon was right and deserves recognition for

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Speaker 1: what he said. There comes a time when you've got

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Speaker 1: to say what you got to say. You can't dance

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Speaker 1: around convention without becoming convention's victim. There is just too

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Speaker 1: much of it. People who can't have a go at

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Speaker 1: Judges as another good example. By tiptoeing around the truth,

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Speaker 1: we invite complacency and accountability becomes woefully lacking. The cold

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Speaker 1: hard politics are at play as well. Christian Hawksby and

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Speaker 1: as Gang of Monetary Committee wants aren't up for reelection

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Speaker 1: next year and believe me of Luxe and Wander as

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Speaker 1: the countryside telling us he wished the cash rate was lower, faster.

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Speaker 1: He's not going to get any sympathy. The extreme, of course,

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Speaker 1: is somebody like Trump, where you call for sackings occasionally

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Speaker 1: you actually do some sackings. We don't need to be

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Speaker 1: that unhinged, but it is unfairly restrictive for a government.

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Speaker 1: Cut spending, cut red tape, change rules and laws, trim jobs,

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Speaker 1: cap councils up in the rima get the fast track going.

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Speaker 1: In other words, work your butt off, pulling every lever

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Speaker 1: they can to fire the joint up. Meantime, old the

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Speaker 1: old dumpty doos on the terrace can't see a contraction

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Speaker 1: when it smacks them in the face, and stare the

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Speaker 1: economy through an aptitude. Also quite apart from anything else,

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Speaker 1: we like strong leadership, don't we We like people telling it

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Speaker 1: like it is. At Luxam has had a weakness. It

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Speaker 1: might be he's just been a bit corporate, bit beige,

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Speaker 1: bit polite, but nice. Hopefully yesterday was the start of

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Speaker 1: something new and more strident and with it a few

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Speaker 1: more people are held to open public account for more

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Speaker 1: from the mic asking Breakfast listen live to news talks.

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Speaker 1: It'd be from six am weekdays, or follow the podcast

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Speaker 1: on iHeartRadio