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Speaker 1: Olli Peterson's six p PERS Live presented with us this afternoon. Hey, Ollie,

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Speaker 1: get o Ryan. Let's start with the a six bit

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Speaker 1: of a blood bath. We love that term bit of

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Speaker 1: a blood bath on the AIX.

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Speaker 2: Don't we. Justin markets in our region, just don't go

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Speaker 2: and look at your super for the probably the next

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Speaker 2: probably year or so to be blunt, because we were

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Speaker 2: down six percent at the open here in Australia. More

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Speaker 2: than eighty five billion dollars has been wiped off the

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Speaker 2: value of Australian shares in that plunge back to about

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Speaker 2: four point four percent down today. But obviously this is

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Speaker 2: going to point to a smaller economy overall, and that's

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Speaker 2: what the Treasury Department in Australia is saying today as

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Speaker 2: a result of Donald Trump's tariffs. And this is going

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Speaker 2: to have a lasting impact here on not just our nation,

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Speaker 2: but obviously all the countries around the world, isn't it, Ryan?

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Speaker 2: And we're expecting Treasurer Jim Chalmers says the Reserve Bank

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Speaker 2: now to cuts interest rates when it next meets. But

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Speaker 2: he can't be making that declaration yet in the middle

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Speaker 2: of an election campaign. He's just trying to calm the

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Speaker 2: farm as everybody is looking out and wondering why this

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Speaker 2: superannuation doesn't look as good as it did on Friday.

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Speaker 1: Yeah, I only got a worry of course if you're

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Speaker 1: retiring in the next couple of years, isn't it and

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Speaker 1: then not a problem for me? Oh yeah, no, certainly not. Yeah, Now,

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Speaker 1: Dustin is the working from home thing. It's quite unpopular here,

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Speaker 1: like especially if it's bureaucrats doing it. Kwi's love to

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Speaker 1: bag on that, to hate on that, but over there

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Speaker 1: is it not the same.

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Speaker 2: It is to say. I think this is the most

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Speaker 2: remarkable backflip and it just shows you how much trouble

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Speaker 2: Peter Darton is in the election campaign. He has been terrible,

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Speaker 2: to be perfectly blunt right in the first week and

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Speaker 2: a half of the election campaign. It seems as though

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Speaker 2: he's been all prepared, he's been on the back foot,

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Speaker 2: he's made a few stumbles, and I actually thought that

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Speaker 2: he had quite a lot of support, particularly as you

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Speaker 2: say there amongst a lot of Australians who think, well,

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Speaker 2: the public sector workers are taking the mickey anyway, get

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Speaker 2: back to work, go to the office. But polling would

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Speaker 2: reveal and this was over the weekend from Redbridge, which

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Speaker 2: by the way is a laborer line polling group. But

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Speaker 2: it did reveal that the Coalition is really struggling to

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Speaker 2: hold any female votes, particularly in the outer suburbs, and

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Speaker 2: this is the issue they think that's biting. Although again

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Speaker 2: it's only about the public sector, as you heard in

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Speaker 2: the clip you played in the World Wise, it had

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Speaker 2: nothing to do with private enterprise. It has really backfired

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Speaker 2: according to the polls, and I think Peter DUT's just

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Speaker 2: trying to now be as competitive as possible and potentially

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Speaker 2: pick up a couple of seats at the election. I

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Speaker 2: know he's still four in a bit weeks away, but

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Speaker 2: I think a Coalition victory is very unlikely.

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Speaker 1: Yeah, you're not the first person who said that to me. Now,

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Speaker 1: AI cameras are going to solve congestion, apparently, how so.

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Speaker 2: Well, I mean they can do everything. You can't know.

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Speaker 2: They can put world title belts on us in pitches,

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Speaker 2: and now in South Australia they're rolling out the AI

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Speaker 2: cameras to assess how just how congested perhaps a road is.

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Speaker 2: Let's just say you're driving north south and I'm driving

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Speaker 2: east west and I'm getting a beautiful run and you're

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Speaker 2: stuck in traffic, bump at a bumper for ten minutes.

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Speaker 2: The AI cameras will look at the closest intersections and

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Speaker 2: it will be able to change those directions of those

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Speaker 2: traffic lights for a moment to clear that backlog. Now,

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Speaker 2: this is obviously the job that's been done by traffic

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Speaker 2: controllers for generations. Now it's going to be artificial intelligence

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Speaker 2: dictating when those traffic signals are going to change. So look,

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Speaker 2: it sounds fancy in theory, practice, it's probably what's already

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Speaker 2: existed for a number of years, but AI is involved

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Speaker 2: in Well, good.

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Speaker 1: Luck, Olli, thanks for that. Olli Peter's sex pr Perth

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Speaker 1: Live presenter. For more from Heather Duplessy Allen Drive, listen

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