1 00:00:00,800 --> 00:00:03,040 Speaker 1: Murray olds as well as from Australia this afternoon day, 2 00:00:03,120 --> 00:00:07,320 Speaker 1: Murray after Jack and speaking of unemployments, Australia is not 3 00:00:07,360 --> 00:00:09,799 Speaker 1: too different from New Zealand. In this department. The unemployment 4 00:00:09,880 --> 00:00:10,879 Speaker 1: rate has increased. 5 00:00:11,240 --> 00:00:14,040 Speaker 2: Yeah, it's ticked up four point one percent the latest figure, 6 00:00:14,160 --> 00:00:17,239 Speaker 2: despite the fact last month more than fifty thousand new jobs, 7 00:00:17,280 --> 00:00:21,040 Speaker 2: extra jobs were created, most of them full time. So 8 00:00:21,280 --> 00:00:23,599 Speaker 2: what's going on? Well, the simple fact of the matter 9 00:00:23,720 --> 00:00:26,680 Speaker 2: is more people now are looking for work because of 10 00:00:26,720 --> 00:00:30,120 Speaker 2: the cost of living crisis that's biting even harder over here. 11 00:00:30,160 --> 00:00:32,400 Speaker 2: This time last year, three and a half percent was 12 00:00:32,400 --> 00:00:36,040 Speaker 2: the unemployment rate. Now pre COVID it was over five percent. 13 00:00:36,360 --> 00:00:39,800 Speaker 2: So the big question now, of course, will interest rates 14 00:00:39,840 --> 00:00:42,720 Speaker 2: have to go up to try and hose down inflation. 15 00:00:43,120 --> 00:00:47,440 Speaker 2: The Reserve Bank meets early in August, and these job 16 00:00:47,520 --> 00:00:50,160 Speaker 2: numbers will be of concern because look, I mean, more 17 00:00:50,159 --> 00:00:53,080 Speaker 2: people in work is good, right, more people are working, 18 00:00:53,320 --> 00:00:55,920 Speaker 2: there are more jobs being created. That's also going to 19 00:00:56,000 --> 00:00:59,040 Speaker 2: fuel inflation, is the fear because all those extra pay 20 00:00:59,080 --> 00:01:02,880 Speaker 2: packets who washing around in the economy. Now for the 21 00:01:02,880 --> 00:01:06,080 Speaker 2: Reserve Bank over here, public enemy number one definitely is 22 00:01:06,120 --> 00:01:09,320 Speaker 2: inflation and some economists are now tipping the bank's going 23 00:01:09,360 --> 00:01:11,800 Speaker 2: to pull the trigger in August and lift rates by 24 00:01:11,840 --> 00:01:14,480 Speaker 2: a quarter of one percent. That's the cash rate, just 25 00:01:14,520 --> 00:01:17,800 Speaker 2: to keep tapping the inflation break and households need that 26 00:01:17,880 --> 00:01:18,839 Speaker 2: like a bang on the head. 27 00:01:19,040 --> 00:01:23,080 Speaker 1: Yeah, labor has taken aim at the embattled construction union. 28 00:01:23,560 --> 00:01:26,720 Speaker 2: Oh but heavens above. I mean it was just I mean, 29 00:01:26,760 --> 00:01:29,520 Speaker 2: the big question is why has it taken them so long? 30 00:01:30,120 --> 00:01:33,280 Speaker 2: I mean state governments and the federal labor government. They've 31 00:01:33,280 --> 00:01:35,679 Speaker 2: been in bed with unions ever since they were set up. 32 00:01:35,720 --> 00:01:38,360 Speaker 2: They were set up by unions. So gee, wheez, big 33 00:01:38,400 --> 00:01:41,880 Speaker 2: surprise that labour's in bed with unions. But here's the thing, 34 00:01:42,000 --> 00:01:46,080 Speaker 2: this is a bedmate you don't want because there have 35 00:01:46,080 --> 00:01:49,520 Speaker 2: been so many allegations against the Look, it's a big 36 00:01:49,520 --> 00:01:54,120 Speaker 2: omnibus union. The construction, the Sea of him he, construction, forestry, mining, 37 00:01:54,160 --> 00:01:57,120 Speaker 2: blah blah blah. Most of them are fine. It's the 38 00:01:57,160 --> 00:02:02,320 Speaker 2: construction buffheads who, according to newspapers and sixty minutes over here, 39 00:02:02,640 --> 00:02:06,880 Speaker 2: the construction side of things have been absolutely raughting the system, 40 00:02:07,280 --> 00:02:12,600 Speaker 2: getting organized crimes, infiltrated building sites. Bikis have got key jobs. 41 00:02:13,680 --> 00:02:17,280 Speaker 2: We had the building the Master Builders Association. On the 42 00:02:17,320 --> 00:02:19,720 Speaker 2: other morning. I know the guy who runs it here 43 00:02:19,720 --> 00:02:23,120 Speaker 2: in New South Wales. He says, thousands of dollars change 44 00:02:23,160 --> 00:02:26,919 Speaker 2: hands just to guarantee peace on building sites. The union 45 00:02:26,960 --> 00:02:31,200 Speaker 2: tells bosses, tells developers who they can and can't hire. 46 00:02:31,560 --> 00:02:34,160 Speaker 2: They cop bribes as I said, for on site peace, 47 00:02:34,200 --> 00:02:36,600 Speaker 2: and those who don't pay, well, they've just you know, 48 00:02:36,840 --> 00:02:39,760 Speaker 2: good luck getting your concrete on time. Here's the thing, 49 00:02:40,720 --> 00:02:43,440 Speaker 2: all these kickbacks and so on can add thirty percent 50 00:02:43,480 --> 00:02:49,120 Speaker 2: to the cost of a building project. That's labor and materials, 51 00:02:49,639 --> 00:02:52,079 Speaker 2: and the builder's labor a bigger part of the builder's 52 00:02:52,160 --> 00:02:54,720 Speaker 2: labors that was outlawed by Bob Hawk all those years ago. 53 00:02:55,240 --> 00:02:58,120 Speaker 2: The new version of the twenty first century version the 54 00:02:58,120 --> 00:03:04,120 Speaker 2: Construction Union is now being threatened with an independent administrator. Basically, 55 00:03:04,480 --> 00:03:06,000 Speaker 2: the people who have been running a show are going 56 00:03:06,000 --> 00:03:08,560 Speaker 2: to be kicked out and they are howling. So it's 57 00:03:08,560 --> 00:03:11,400 Speaker 2: Peter Dutton, and I bet Peter Dutton's winning a lot 58 00:03:11,440 --> 00:03:14,000 Speaker 2: of friends over here by saying, my mate, you bud, 59 00:03:14,120 --> 00:03:17,880 Speaker 2: you will you know this is what you've reaped now 60 00:03:18,120 --> 00:03:20,480 Speaker 2: is what you sawed. As soon as Labour won the 61 00:03:20,520 --> 00:03:24,799 Speaker 2: last election, they abolished the building industry watchdog that was 62 00:03:24,840 --> 00:03:27,359 Speaker 2: set up by Scott Morrison. What do they expect? 63 00:03:27,480 --> 00:03:30,560 Speaker 1: Yeah, yeah, yeah, I'm not surprised. Hey, I have nothing 64 00:03:30,560 --> 00:03:33,040 Speaker 1: to base us on except for vibes. But I reckon 65 00:03:33,040 --> 00:03:36,880 Speaker 1: here in New Zealand, among rugby league fans, I reckon 66 00:03:37,040 --> 00:03:41,000 Speaker 1: eighty to ninety percent would be Queensland Reds fans. So 67 00:03:41,160 --> 00:03:43,840 Speaker 1: a lot of disappointed people. Yeah, this is a a 68 00:03:43,880 --> 00:03:46,320 Speaker 1: lot of disappointed people after last night. 69 00:03:46,960 --> 00:03:49,920 Speaker 2: But well, you know it is very tribal, no doubt 70 00:03:49,920 --> 00:03:53,440 Speaker 2: about that. I mean Richard Muwanga very interested to read 71 00:03:54,280 --> 00:03:56,080 Speaker 2: about him this week. He was in the New South 72 00:03:56,120 --> 00:03:59,480 Speaker 2: Wales camp before the big game, big decider in Brisbane. 73 00:03:59,520 --> 00:04:02,720 Speaker 2: It was one each New South Wales got pumped in Sydney, 74 00:04:02,920 --> 00:04:06,520 Speaker 2: went down in Melbourne. They absolutely smoked Queensland. So you know, 75 00:04:06,640 --> 00:04:09,400 Speaker 2: you get a decide in Queensland, that's a big event. 76 00:04:09,880 --> 00:04:11,840 Speaker 2: And Muranga was making the point that all of his 77 00:04:12,000 --> 00:04:15,000 Speaker 2: family's Reds fans, he's the only one who likes New 78 00:04:15,080 --> 00:04:18,440 Speaker 2: South Wales. Anyway. It was I think, hand on heart 79 00:04:18,520 --> 00:04:20,040 Speaker 2: one of the greatest games of the rugby league I 80 00:04:20,080 --> 00:04:24,320 Speaker 2: can remember. It was absolutely gripping, it was brutal, huge 81 00:04:24,400 --> 00:04:28,720 Speaker 2: hits big tackles, you know, pinpoint kicking, great passing and 82 00:04:28,800 --> 00:04:30,840 Speaker 2: all paid at one hundred and one miles an hour. 83 00:04:31,640 --> 00:04:34,440 Speaker 2: Half time was two nil to got only one penalty 84 00:04:34,560 --> 00:04:37,920 Speaker 2: goal two all they had four to two to Queensland. 85 00:04:38,200 --> 00:04:41,040 Speaker 2: And then the last ten eleven twelve minutes, New South 86 00:04:41,080 --> 00:04:44,080 Speaker 2: Wales gets two tries to bust the wide open. So 87 00:04:44,279 --> 00:04:47,600 Speaker 2: it was fantastic with two unique moments. Jack. One guy 88 00:04:47,760 --> 00:04:50,440 Speaker 2: was sin bend. He was sitting on the bench. He 89 00:04:50,480 --> 00:04:52,400 Speaker 2: wasn't even playing, but he's joined in a bit of 90 00:04:52,400 --> 00:04:55,200 Speaker 2: a stink on the sideline and I guess he decides 91 00:04:55,240 --> 00:04:58,400 Speaker 2: to wander in like a big puffed Ola Kauwatu who 92 00:04:58,480 --> 00:05:00,880 Speaker 2: was who plays for my team? Man, he's going to 93 00:05:00,960 --> 00:05:04,719 Speaker 2: get to two weeks banned from the game because he 94 00:05:04,839 --> 00:05:07,440 Speaker 2: wasn't even playing. He was in a suit, in a 95 00:05:07,480 --> 00:05:10,480 Speaker 2: blazer and a pair of chinos. He's gone waddling into 96 00:05:10,560 --> 00:05:14,920 Speaker 2: the little It wasn't even a fight, it was a slap. Yeah, 97 00:05:14,960 --> 00:05:17,120 Speaker 2: and oh the kawa Whos decided to shove his nose 98 00:05:17,120 --> 00:05:20,400 Speaker 2: and well thanks for that, Genia, Good on you idiot. Anyway, 99 00:05:20,440 --> 00:05:22,560 Speaker 2: New South Wales says bragging rights for another year. 100 00:05:22,640 --> 00:05:24,960 Speaker 1: Yeah, yeah, very good. Hey, thanks so much time for 101 00:05:25,000 --> 00:05:28,400 Speaker 1: your time, Murray always appreciated. Murray olds with us from Australia. 102 00:05:28,960 --> 00:05:32,120 Speaker 1: For more from Hither Duplessy Allen Drive listen live to 103 00:05:32,240 --> 00:05:35,239 Speaker 1: news talks. It'd be from four pm weekdays, or follow 104 00:05:35,279 --> 00:05:37,080 Speaker 1: the podcast on iHeartRadio