1 00:00:00,560 --> 00:00:02,800 Speaker 1: Murray is with us now at Australia. Murray, good afternoon, 2 00:00:03,520 --> 00:00:06,520 Speaker 1: Hello Ryan, good afternoon. How's the AA six doing after 3 00:00:06,960 --> 00:00:07,960 Speaker 1: the big drop yesterday? 4 00:00:08,640 --> 00:00:10,560 Speaker 2: Yes, I got my screen open here. I knew you're 5 00:00:10,560 --> 00:00:12,920 Speaker 2: going to ask me, and this is less than an 6 00:00:12,960 --> 00:00:15,400 Speaker 2: hour ago, so what's a looking at about forty five 7 00:00:15,440 --> 00:00:19,239 Speaker 2: minutes ago. The AX up one point eight percent on 8 00:00:19,560 --> 00:00:24,079 Speaker 2: the day, the Australian dollar up point seven of one 9 00:00:24,120 --> 00:00:28,080 Speaker 2: percent today to sixty point two to three US sins 10 00:00:28,120 --> 00:00:31,760 Speaker 2: lost one hundred and ten billion dollars yesterday, so look 11 00:00:31,760 --> 00:00:36,479 Speaker 2: a little bit of recovery today. That dollar tanking yesterday, 12 00:00:36,520 --> 00:00:39,000 Speaker 2: by the way, the first time since the pandemic, the 13 00:00:39,040 --> 00:00:41,520 Speaker 2: biggest intra day fall since the two thousand and eight 14 00:00:41,560 --> 00:00:45,479 Speaker 2: global financial crisis. So look, there was a lot of 15 00:00:45,479 --> 00:00:48,199 Speaker 2: red ink around yesterday, but today a little bit of 16 00:00:48,200 --> 00:00:51,880 Speaker 2: a pickup. But look, we still are in the deep 17 00:00:51,920 --> 00:00:54,520 Speaker 2: in the red since the start of the year so far. 18 00:00:54,600 --> 00:00:57,320 Speaker 2: In April, the ASX two hundred, the top two hundred 19 00:00:57,320 --> 00:01:00,240 Speaker 2: stocks in the Australian share market, they had down by 20 00:01:00,280 --> 00:01:04,040 Speaker 2: six percent and it's only the eighth day of the 21 00:01:04,040 --> 00:01:07,840 Speaker 2: month today. And we've also had since January. The start 22 00:01:07,880 --> 00:01:10,679 Speaker 2: of January the benchmark's down at eight ten percent. So 23 00:01:10,959 --> 00:01:13,480 Speaker 2: it hasn't been a happy year for investors up to 24 00:01:13,480 --> 00:01:17,120 Speaker 2: this point. We've got business confidence figures already negative last month, 25 00:01:17,160 --> 00:01:20,880 Speaker 2: even worse now after Donald Trump's tariffs, and the Westpac 26 00:01:21,000 --> 00:01:24,280 Speaker 2: Bank has just released latest consumer confidence data for April. 27 00:01:24,720 --> 00:01:27,880 Speaker 2: The big takeaways we're told confidence down six percent amongst 28 00:01:27,959 --> 00:01:31,960 Speaker 2: consumers because of the Trump tariff war, the slide of 29 00:01:32,000 --> 00:01:35,520 Speaker 2: the sheer market even lower amongst people survey after the 30 00:01:35,520 --> 00:01:39,840 Speaker 2: tariffs were announced, and consumers definitely filling a pinch family 31 00:01:39,920 --> 00:01:45,680 Speaker 2: finances front and center. So if both political leaders over 32 00:01:45,720 --> 00:01:48,960 Speaker 2: here aren't banging the drum about the economy, was it 33 00:01:49,040 --> 00:01:51,080 Speaker 2: Bill Clinton who's had that sign on his desk? It's 34 00:01:51,080 --> 00:01:54,600 Speaker 2: the economists, stupid. Both of these halfwords over here should 35 00:01:54,600 --> 00:01:56,560 Speaker 2: have the same bloody sign on their desks because no 36 00:01:56,600 --> 00:02:00,120 Speaker 2: one cares about the never never you know a tom 37 00:02:00,280 --> 00:02:03,400 Speaker 2: energy plan of Dutton, or the fact that Alberanzi done 38 00:02:03,480 --> 00:02:06,400 Speaker 2: something to save US Seal and Tasmania. It's about putting 39 00:02:06,480 --> 00:02:08,840 Speaker 2: petrol in the car and groceries on the table. 40 00:02:09,880 --> 00:02:12,320 Speaker 1: Now this debate tonight, they're going to go head to head. 41 00:02:12,760 --> 00:02:16,800 Speaker 1: It's in Western a group of people called The People's Forum. 42 00:02:16,800 --> 00:02:19,000 Speaker 1: Have I got this right? From Sky News? Will be 43 00:02:19,040 --> 00:02:21,640 Speaker 1: held in Western Sydney and both leaders will answer questions 44 00:02:21,639 --> 00:02:23,920 Speaker 1: from a group of undecided voters. Is there like a 45 00:02:23,919 --> 00:02:26,880 Speaker 1: moderator or is it just all on for young and 46 00:02:26,919 --> 00:02:27,840 Speaker 1: old from the crowd. 47 00:02:28,600 --> 00:02:30,680 Speaker 2: This is going to have to be moderated to keep 48 00:02:30,760 --> 00:02:35,960 Speaker 2: them in some sort of order. It's allegedly undecided voters. Mate, 49 00:02:36,000 --> 00:02:38,000 Speaker 2: it's Sky News. You know it's going to be stacked 50 00:02:38,280 --> 00:02:41,200 Speaker 2: with a bunch of Dutton lovers, anti Elbow. You know 51 00:02:41,240 --> 00:02:44,680 Speaker 2: it's going to be stacked with rivets. The Murdoch fingerprints 52 00:02:44,720 --> 00:02:47,240 Speaker 2: are all over it. It's jointly run by the Daily 53 00:02:47,280 --> 00:02:50,880 Speaker 2: Telegraph as well the Daily you know Trumpeter in fact 54 00:02:51,240 --> 00:02:54,040 Speaker 2: here and Sidey that's the Murdoch paper here. But listen 55 00:02:54,080 --> 00:02:57,600 Speaker 2: to Albanezi, you know he is. He's a Sydney boy, 56 00:02:57,760 --> 00:03:00,800 Speaker 2: comes from this, you know, the inner western sub of Sydney. 57 00:03:01,000 --> 00:03:03,639 Speaker 2: He won't be frightened to get out Western Sydney, in 58 00:03:03,720 --> 00:03:08,400 Speaker 2: the Sydney suburbs. You've got the fact that Albertezey also 59 00:03:08,480 --> 00:03:11,880 Speaker 2: took on Scott Morrison in the last debate in twenty 60 00:03:11,919 --> 00:03:14,160 Speaker 2: twenty two and he cleaned him up. That night, not 61 00:03:14,240 --> 00:03:15,920 Speaker 2: saying it's going to happen to night. Peter Dutton has 62 00:03:15,960 --> 00:03:18,440 Speaker 2: improved out of sight. The last forty eight hours he 63 00:03:18,560 --> 00:03:22,639 Speaker 2: was drifting. I went back and had to look Ryan look. 64 00:03:22,639 --> 00:03:25,480 Speaker 2: Peter Dutton entered Parliament in two thousand and one. He 65 00:03:25,560 --> 00:03:28,480 Speaker 2: was a minister under John Howard, Tony Abbott, Malcolm Turmbule 66 00:03:28,560 --> 00:03:31,680 Speaker 2: and Scott Morrison. But he's looked like a complete bloody 67 00:03:31,800 --> 00:03:35,160 Speaker 2: novice since the campaign started, and it's day eleven to 68 00:03:35,240 --> 00:03:37,760 Speaker 2: day he's looked like a rabbit in the headlights. He's 69 00:03:37,760 --> 00:03:41,200 Speaker 2: finally turning up at petrol stations putting gas in the cars, 70 00:03:41,560 --> 00:03:43,880 Speaker 2: saying look, I'm going to catch you. You know your 71 00:03:43,880 --> 00:03:46,680 Speaker 2: petrol bill. Even turned up in the Adelaide service station 72 00:03:46,800 --> 00:03:49,400 Speaker 2: yesterday with a great big petrol tanker a slogan on 73 00:03:49,440 --> 00:03:51,960 Speaker 2: the side saved twenty five cents a leader vote Liberal. 74 00:03:52,320 --> 00:03:54,280 Speaker 2: Why wasn't doing that in day one? I don't know. 75 00:03:55,520 --> 00:03:58,120 Speaker 1: No campaigns do weird things to people though, I mean, 76 00:03:58,160 --> 00:04:00,840 Speaker 1: doesn't you know how long you've been around in politics 77 00:04:00,960 --> 00:04:04,840 Speaker 1: that people just turn into weirdos on a campaign when 78 00:04:04,880 --> 00:04:06,600 Speaker 1: the pressures on them, don't they. 79 00:04:06,640 --> 00:04:10,320 Speaker 2: Well, look, I do agree with that. I mean interesting 80 00:04:10,600 --> 00:04:14,680 Speaker 2: thesis that I read yes yesterday morning. Did I get 81 00:04:14,720 --> 00:04:18,720 Speaker 2: lost in these campaigns? The theory being that Peter Dutton 82 00:04:19,200 --> 00:04:22,240 Speaker 2: has always had someone else to as a minister. He's 83 00:04:22,240 --> 00:04:24,960 Speaker 2: made mistakes, you know, defense blah blah blah blah blah 84 00:04:24,960 --> 00:04:27,719 Speaker 2: blah blah. But we all make mistakes, but there's always 85 00:04:27,760 --> 00:04:29,919 Speaker 2: been someone to clean up after him, a prime minister 86 00:04:30,080 --> 00:04:33,000 Speaker 2: like John Howard for example. Howard was the last great 87 00:04:33,680 --> 00:04:36,560 Speaker 2: Australian leader. In my view, I think Howard was a 88 00:04:36,720 --> 00:04:39,920 Speaker 2: wonderful politician, a great unifier. Look at what happened to 89 00:04:40,000 --> 00:04:43,240 Speaker 2: Port Arthur, all those people slaughtered down there in Tasmania. 90 00:04:43,279 --> 00:04:45,960 Speaker 2: Howard stood up, took on the gun lobby and he 91 00:04:46,080 --> 00:04:48,040 Speaker 2: persuaded them to give up their guns. Now, for me, 92 00:04:48,680 --> 00:04:51,599 Speaker 2: one of the single most important acts of political courage 93 00:04:51,600 --> 00:04:54,440 Speaker 2: that I've ever seen. And John Howard had that ticket. 94 00:04:54,520 --> 00:04:57,040 Speaker 2: I'm not sure. I'm not sure Peter Dutton's got that. 95 00:04:57,320 --> 00:04:58,680 Speaker 2: Scott Morrison certainly didn't. 96 00:04:59,040 --> 00:05:01,279 Speaker 1: Yeah, I'm not sure. We've got many around the world, 97 00:05:01,360 --> 00:05:04,240 Speaker 1: not just in Australia. Marie, appreciate your time, Marie Old's 98 00:05:04,240 --> 00:05:06,880 Speaker 1: Australia correspondent, and we're looking forward to the debate tonight. 99 00:05:07,440 --> 00:05:10,600 Speaker 1: For more from Hither duplessy Alan Drive, listen live to 100 00:05:10,720 --> 00:05:13,720 Speaker 1: news talks it'd be from four pm weekdays, or follow 101 00:05:13,800 --> 00:05:15,520 Speaker 1: the podcast on iHeartRadio