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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.

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Speaker 2: Murray Old's Australia corresponds with that's how he does.

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Speaker 1: Good, good afternoon to you.

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Speaker 2: Who is going to succeed dozen, Well, it's a good

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Speaker 2: question who on earth would want the job? I mean,

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Speaker 2: here's some facts and figures where I heard Penny Wong,

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Speaker 2: the Foreign Minister this morning.

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Speaker 1: The coalition right, the Conservatives of a year.

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Speaker 2: They've got seven out of eighty eight metropolitan seats. They've

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Speaker 2: got four left in Sydney, two or three in Melbourne

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Speaker 2: and Brisbane, none in Adelaide, in Perth, not one seat

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Speaker 2: in all of Tasmania.

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Speaker 1: That's the scale of this disaster.

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Speaker 2: It's a smoking ruin and it's never been this bad

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Speaker 2: since Mensis Sir Robert Menzie set this party up just

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Speaker 2: after the Second World War. Albanese is the first prime

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Speaker 2: minister to win a second term in twenty one years

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Speaker 2: increased majority. There's still about a dozen seats that are

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Speaker 2: being counted. But as we go to wear this afternoon,

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Speaker 2: we've got it looks a bit like this, eighty five,

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Speaker 2: eighty six to eighty seven seats to labor, fewer than

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Speaker 2: forty seats for the Liberals in the National Party. And

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Speaker 2: you say, who's going to lead it? As I said,

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Speaker 2: who the hell wants it? The youngest man perhaps the

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Speaker 2: generational change they should look at in Perth Andrew Hasty.

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Speaker 2: He is the shadow Foreign Minister. He's served tours of

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Speaker 2: duty in Afghanistan, and Iraqi.

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Speaker 1: Says, your kidding, I don't want it.

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Speaker 2: So we've got one woman, Susan Lee, who was Peter

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Speaker 2: Dutton's deputy, don't forget Dutton lost. And you've got Dan

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Speaker 2: Tee and long serving, a veteran. And you've got Angus

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Speaker 2: Taylor who many people over here, a lot of the

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Speaker 2: inside of the Liberal Party too, are saying he's the

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Speaker 2: guy single handedly crueled the charts of the Liberal Party.

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Speaker 2: This guy is a Rhodes scholar, but I swear to God,

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Speaker 2: it's as though he's been doing push ups.

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Speaker 1: Under a park car. He just sounds like a dummy.

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Speaker 2: And whenever he was asked about any economic policies at all,

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Speaker 2: he had nothing to say.

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Speaker 1: In fact, he and.

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Speaker 2: Dutton with about you know, they put them up almost exclusively.

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Speaker 2: He had nothing to say in ordered Peter Dutton. And

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Speaker 2: you look at who voted for whom You've got all

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Speaker 2: the women, all the young voters, all the migrants. They

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Speaker 2: went Labor big time. I mean, who's voting for Dunton.

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Speaker 2: It's a small it's a tied to the right wing

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Speaker 2: rump of wealthy sixty seventy eighty year olds and they're diminishing,

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Speaker 2: dropping off the tweet and all the answers are coming through.

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Speaker 1: Yeah, I take your point.

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Speaker 2: It's not a bad one. Do you see what the

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Speaker 2: westpap boss has said that the cost of living crisis

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Speaker 2: is behind us? Well, yeah, I mean he had some

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Speaker 2: pretty good figures he took over.

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Speaker 1: His name is where his name? I've got it here,

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Speaker 1: Anthony Miller, Thank you very much. I knew I hadn't

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Speaker 1: the margin.

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Speaker 2: He took over December first, first six months, three point

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Speaker 2: three billion dollars.

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Speaker 1: Profit, so he started in the right note. The market

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Speaker 1: didn't like it that much. They wanted more.

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Speaker 2: But indeed, mister Miller has said listen, Labour's re election

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Speaker 2: is not only good for the government, but it provides

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Speaker 2: consistency and certainty for Australia both domestically and abroad. And

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Speaker 2: he says the governments to use its mandate. That's a

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Speaker 2: huge mandate, Heather as you can appreciate a huge mandate.

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Speaker 2: And what Miller is saying now from Westpac, the government's

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Speaker 2: got to use this wisely. He says, Laby's got the

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Speaker 2: chance to drive the economy by, for example, by boosting productivity.

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Speaker 2: That's one big handbreak over here.

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Speaker 1: That's a national challenge.

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Speaker 2: It's got to seek ways as well, he says, to.

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Speaker 1: Reduce our reliance on China. By far, thisst country's biggest

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Speaker 1: trading partner.

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Speaker 2: And he says, listen, there's going to be an interest

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Speaker 2: rate cup they think at a fortnite when the Reserve

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Speaker 2: Bank meets. That's going to also, you know, contribute to

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Speaker 2: the feeling of optimism over here. But a lot of

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Speaker 2: other people apart from mister Miller, are saying listen.

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Speaker 1: Be ambitious.

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Speaker 2: In the second term, you need tax reform, significant tax reform.

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Speaker 2: The GST on the tax everyone pays on everything isn't cutting.

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Speaker 1: It's not raising enough money.

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Speaker 2: You have to broaden that base, maybe reduce personal income

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Speaker 2: taxes a bit, but you have to look at structural reform.

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Speaker 2: Housing is the single biggest issue over here, biting everyone

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Speaker 2: on the backside. Young people can't get into the market,

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Speaker 2: Heather and screaming. They want some relief, They want someone

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Speaker 2: to say this is the way forward. They certainly didn't

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Speaker 2: think Peter Dutton had it.

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Speaker 1: That's for sure.

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Speaker 2: That's for sure. That's what the older outcome would suggest. Mars.

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Speaker 1: It's good to talk to you.

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Speaker 2: Thank you so much as always, Marry Olds, Australia Correspondent.

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Speaker 2: For more from Heather Duplessy Allen Drive, listen live to

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Speaker 2: news Talks they'd be from four pm weekdays, or follow

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Speaker 2: the podcast on iHeartRadio