1 00:00:00,480 --> 00:00:04,120 Speaker 1: Three sixty with Katie Wolf thanks to Joyce Main Darwin 2 00:00:04,320 --> 00:00:08,119 Speaker 1: Homes on Stuart Highwayberromote. It is just seventeen minutes away 3 00:00:08,119 --> 00:00:10,160 Speaker 1: from ten o'clock. Quite a few of you getting in 4 00:00:10,240 --> 00:00:13,119 Speaker 1: contact on the text line this morning around the budget. 5 00:00:13,520 --> 00:00:15,520 Speaker 1: You're also able to send us an email if you'd 6 00:00:15,560 --> 00:00:18,120 Speaker 1: like to three sixty at Mixed one oh four nine 7 00:00:18,280 --> 00:00:21,119 Speaker 1: dot com dot au and our email is brought to 8 00:00:21,120 --> 00:00:23,880 Speaker 1: you by Kearra's nt. I've got a message here, it 9 00:00:23,920 --> 00:00:27,080 Speaker 1: says Katie. At some point in time someone has to 10 00:00:27,120 --> 00:00:29,600 Speaker 1: say enough is enough. There has to be a cutoff. 11 00:00:29,640 --> 00:00:33,640 Speaker 1: Surely another one here. Twenty two thousand public servants with 12 00:00:33,720 --> 00:00:37,440 Speaker 1: no pay rise for four years and inflation rising means 13 00:00:37,600 --> 00:00:42,080 Speaker 1: salaries will go backwards. That's twenty two thousand guaranteed votes 14 00:00:42,400 --> 00:00:45,560 Speaker 1: not going to labor next election. That's why I say 15 00:00:45,600 --> 00:00:47,920 Speaker 1: I'm calling it early. I don't reckon there's going to 16 00:00:47,920 --> 00:00:50,639 Speaker 1: be a four year pay freeze. I've got one here 17 00:00:50,640 --> 00:00:53,640 Speaker 1: from Mark Intewee. It says, Hi, Katie has mister Gunner 18 00:00:53,680 --> 00:00:57,480 Speaker 1: got a modern day Hans Christian Anderson as his speechwriter 19 00:00:57,680 --> 00:01:01,360 Speaker 1: a main advisor. Sure sounds like to me after listening 20 00:01:01,360 --> 00:01:05,679 Speaker 1: to his budget speech yesterday, says his Mark in twee 21 00:01:06,120 --> 00:01:09,200 Speaker 1: and well, let's get a bit of a breakdown. I'm 22 00:01:09,240 --> 00:01:11,120 Speaker 1: really keen to actually get a bit of a breakdown 23 00:01:11,360 --> 00:01:14,520 Speaker 1: of the budget from some of our industry leaders to 24 00:01:14,560 --> 00:01:17,880 Speaker 1: find out their reaction and the wins and losses for 25 00:01:17,959 --> 00:01:20,680 Speaker 1: different industries and joining me on the line. First up 26 00:01:20,680 --> 00:01:24,440 Speaker 1: this morning is the Chamber of Commerce CEO Greg Island. 27 00:01:24,480 --> 00:01:25,880 Speaker 1: Good morning to you, Greg. 28 00:01:26,840 --> 00:01:28,440 Speaker 2: Good morning Katie. How are you today? 29 00:01:28,800 --> 00:01:33,320 Speaker 1: Very well? Greg? Firstly, what was your reaction to yesterday's budget? 30 00:01:34,800 --> 00:01:37,080 Speaker 2: Well, I think we need to make no mistake. The 31 00:01:37,120 --> 00:01:40,200 Speaker 2: budget is still in deficit and we are still going 32 00:01:40,280 --> 00:01:45,240 Speaker 2: backwards at what we have seen is a lesser rated 33 00:01:45,280 --> 00:01:48,120 Speaker 2: not some was originally forecast. So that is the upside 34 00:01:48,480 --> 00:01:51,040 Speaker 2: of things that there is some more revenue coming in 35 00:01:51,040 --> 00:01:54,080 Speaker 2: the door, but we are still on a down trajectory. 36 00:01:55,040 --> 00:01:58,560 Speaker 1: What were the positives for your industry out of yesterday's budget. 37 00:02:00,880 --> 00:02:05,120 Speaker 2: I think the majority of consistency in the infrastructure budget. 38 00:02:05,320 --> 00:02:09,040 Speaker 2: I think it's critical that the territory builds infrastructure that 39 00:02:09,200 --> 00:02:13,120 Speaker 2: enables business activities and encourages private investment. It's going to 40 00:02:13,160 --> 00:02:16,280 Speaker 2: be those major projects that can be the real shift 41 00:02:16,280 --> 00:02:18,320 Speaker 2: in the curve that we've got at the moment, So 42 00:02:18,360 --> 00:02:21,320 Speaker 2: the one point six million dollars in infrastructure spend is 43 00:02:21,360 --> 00:02:25,160 Speaker 2: important to maintain. We've also seen additional three hundred and 44 00:02:25,200 --> 00:02:29,400 Speaker 2: eighty million in infrastructure over the forward estimate, so that's 45 00:02:30,040 --> 00:02:34,680 Speaker 2: good spending. And probably importantly for the territory businesses, the 46 00:02:34,880 --> 00:02:37,040 Speaker 2: additional one hundred and twenty million that's gone into the 47 00:02:37,080 --> 00:02:39,520 Speaker 2: Local Jobs Fund over the next two years. That all 48 00:02:39,520 --> 00:02:43,359 Speaker 2: be important enabling support revenue. 49 00:02:43,080 --> 00:02:46,440 Speaker 1: And no doubt those tourism vouchers as well, and that 50 00:02:46,600 --> 00:02:49,080 Speaker 1: spend into tourism is going to have a positive impact 51 00:02:49,160 --> 00:02:50,920 Speaker 1: more broad ranging, I would hope. 52 00:02:52,520 --> 00:02:55,640 Speaker 2: Yeah, we'll let Alex talk about some of those things, 53 00:02:55,680 --> 00:02:59,280 Speaker 2: but I think it's very important that business gets to 54 00:02:59,320 --> 00:03:01,799 Speaker 2: extend it's seasons, so we know they're going to be 55 00:03:01,800 --> 00:03:04,800 Speaker 2: flat out during the dry but into that shoulder season 56 00:03:05,040 --> 00:03:08,320 Speaker 2: and more importantly into the wet season. If the locals 57 00:03:08,320 --> 00:03:11,480 Speaker 2: can be encouraged to support local business, and that's perfect. 58 00:03:12,040 --> 00:03:15,240 Speaker 1: Greg, are there any areas where the budget fell short 59 00:03:15,440 --> 00:03:16,440 Speaker 1: for your industry? 60 00:03:19,080 --> 00:03:21,799 Speaker 2: We were always like more from territory budgets, but we 61 00:03:21,880 --> 00:03:24,639 Speaker 2: have to really understand that. You know that spending does 62 00:03:24,760 --> 00:03:27,440 Speaker 2: need to be rained in so from our perspective, we 63 00:03:27,480 --> 00:03:33,160 Speaker 2: want to see very much a focus on increasing participation rates. 64 00:03:33,160 --> 00:03:36,400 Speaker 2: So we've got to get more people off watching their 65 00:03:36,400 --> 00:03:39,080 Speaker 2: TVs for the day and getting out and participating in 66 00:03:39,160 --> 00:03:43,600 Speaker 2: the general workforce. We've really got to see more indigenous engagement. 67 00:03:43,800 --> 00:03:47,360 Speaker 2: From an economic perspective, those are things that I think 68 00:03:47,400 --> 00:03:48,640 Speaker 2: we need to focus more on. 69 00:03:49,000 --> 00:03:52,200 Speaker 1: And did you feel that the budget really went anywhere 70 00:03:52,200 --> 00:03:53,840 Speaker 1: near those issues. 71 00:03:55,480 --> 00:03:56,840 Speaker 2: I don't think it was ever going to set the 72 00:03:56,840 --> 00:04:01,120 Speaker 2: world alike, Katie, and some of those issues would be 73 00:04:01,240 --> 00:04:04,920 Speaker 2: argued to be a federal concern, but ultimately we've got 74 00:04:05,000 --> 00:04:07,520 Speaker 2: to get people in jobs and get our skill sets 75 00:04:07,600 --> 00:04:09,680 Speaker 2: up to make sure that we've got the workforce for 76 00:04:09,720 --> 00:04:10,280 Speaker 2: the future. 77 00:04:10,560 --> 00:04:14,360 Speaker 1: So all in all, Greg Island, the Chamber of Commerce CEO, 78 00:04:14,520 --> 00:04:17,359 Speaker 1: would you say that the budget goes far enough? 79 00:04:19,240 --> 00:04:21,640 Speaker 2: The budget? I think it has done its job in 80 00:04:21,680 --> 00:04:23,640 Speaker 2: the short term. It needs to be part of a 81 00:04:23,680 --> 00:04:28,320 Speaker 2: stepping stone to a broader improvement, particularly through those major 82 00:04:28,360 --> 00:04:31,560 Speaker 2: projects that are sitting there in line. We know that 83 00:04:31,600 --> 00:04:35,000 Speaker 2: there's something like thirty five or forty significant projects, and 84 00:04:35,120 --> 00:04:36,640 Speaker 2: even just two or three of those are going to 85 00:04:36,720 --> 00:04:39,800 Speaker 2: change some of the narrative around our finances in the future, 86 00:04:40,040 --> 00:04:41,920 Speaker 2: so it's important that we keep a focus on that. 87 00:04:42,160 --> 00:04:45,839 Speaker 2: We do like the Investment Commissioner. We do like the 88 00:04:45,880 --> 00:04:49,719 Speaker 2: Major Projects Commissioner as well as the Infrastructure Commissioner. We 89 00:04:49,800 --> 00:04:53,400 Speaker 2: also appreciate the changes to the CEO structures and how 90 00:04:53,440 --> 00:04:55,560 Speaker 2: they operate in their budgets well. 91 00:04:55,640 --> 00:04:58,800 Speaker 1: Chamber of Commerce CEO Greg Ireland, thank you very much 92 00:04:58,839 --> 00:04:59,839 Speaker 1: for your time this morning. 93 00:05:01,000 --> 00:05:02,640 Speaker 2: You're welcome, Katie