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Speaker 1: Joining me on the line right now is the Shadow

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Speaker 1: treasurer Angus Taylor. Good morning to you.

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Speaker 2: Good to be with you, Katie. Thanks for having me.

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Speaker 1: Yeah, thank you so much for your time. Now, I

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Speaker 1: understand that Labour's now introduce those tax cuts to Parliament

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Speaker 1: this morning. It's looking like it's an attempt to sort

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Speaker 1: of force a swift vote. Where are things at.

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Speaker 2: Well, they're trying to push it through the Parliament as

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Speaker 2: fast as they can, but that's because there is a

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Speaker 2: budget for the next five weeks for the election campaign,

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Speaker 2: not for the next five years, which is for the

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Speaker 2: future prosperity of all Australians. Really, what they're proposing is

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Speaker 2: a cruel hoax. I mean, the idea that Australians will

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Speaker 2: get back to where they were when Labor took government

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Speaker 2: by giving them seventy cents a day in over a

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Speaker 2: year's time from now. It's just ridiculous. I mean, this

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Speaker 2: is not responsible economic management. We know the answer to

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Speaker 2: getting Australians ahead, getting their standard of living back to

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Speaker 2: where it was when Labor came to power as quickly

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Speaker 2: as possible is to have a strong economy. Strong economic

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Speaker 2: management is the answer, and that means affordable reliable energy,

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Speaker 2: fixing our housing supply, making sure that we get rid

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Speaker 2: of unnecessary waste, slashing red tapes, he businesses can invest.

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Speaker 2: We need the key industries up in your part of

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Speaker 2: the world, investing and able to create jobs and at

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Speaker 2: the same time being strong on crime. And that is

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Speaker 2: what Australians want. That's what they need, and that's what

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Speaker 2: this budget should have been about. Sadly it wasn't. Well.

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Speaker 1: Look a lot of people really, as I said earlier,

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Speaker 1: scratching their heads wondering just how much they are going

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Speaker 1: to receive in tax cuts. I know Madeline King had

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Speaker 1: said to us this morning it's fifty dollars a week.

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Speaker 1: But you know, from what we saw last night, I

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Speaker 1: think that's sort of you know, the government adding up

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Speaker 1: all of the tax cuts that they've announced rather than

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Speaker 1: just the ones that were announced overnight. Either way, is

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Speaker 1: that something that the Coalition is going to support when

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Speaker 1: it comes to that vote.

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Speaker 2: Now, what we're no, absolutely, seventy cents a day a

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Speaker 2: year from now is not the answer. There's a better

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Speaker 2: answer than that. Affordable reliable energy by pushing down electricity prices,

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Speaker 2: making sure we've got housing costs that are affordable for

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Speaker 2: all Australians, whether you're a renter or a young Australian

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Speaker 2: trying to buy a house, paying off your mortgage, putting

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Speaker 2: downward pressure on both inflation and interest rates. Look, this

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Speaker 2: is good old fashioned economic management. As the Liberal Party

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Speaker 2: has always been strong on this. It's what we believe in.

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Speaker 2: Labor thinks the answer is handouts. It will never get

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Speaker 2: there effectively. What's happening is Labour's putting all of this

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Speaker 2: money on the credit card, one hundred and seventy billion

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Speaker 2: dollars of ready ink over the next five years in

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Speaker 2: this budget. That's six thousand bucks on the credit card

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Speaker 2: for every Australian and we've all got to pay for that.

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Speaker 2: There's no such thing as free money. But that's how

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Speaker 2: Labor treats it because they're trying to bribe Australians in

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Speaker 2: an election campaign. This really is a cruel huax.

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Speaker 1: You spoke, am I going to go about energy and

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Speaker 1: you know, and that is obviously a big issue for

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Speaker 1: a lot of Australians. One of the things that the

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Speaker 1: Coalition has spoken quite a bit though about is nuclear energy.

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Speaker 1: It does seem to be something that some Australians are

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Speaker 1: worried about that it's maybe the policy that is going

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Speaker 1: to tip them the other way to not vote for you.

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Speaker 2: Guys, Well, I think Australian's one affordable, reliable power. I

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Speaker 2: mean I really do. And in the shorter term, we

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Speaker 2: know that means having a strong natural gas industry alongside

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Speaker 2: the growth in renewables that will continue, and that the

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Speaker 2: NT is absolutely crucial to that. We've got to make

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Speaker 2: it easier to get gas out from under the ground,

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Speaker 2: both for our domestic markets and export, and that will

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Speaker 2: put downward pressure on our prices and at the same

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Speaker 2: time create jobs, opportunities and pay taxes, and that is

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Speaker 2: absolutely crucial. And then the longer term baseloads zero emissions,

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Speaker 2: and this is incredibly important, nuclear powered zero emissions. It's baseload,

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Speaker 2: so it doesn't need to be backed up like renewables do,

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Speaker 2: and we can use the existing power lines, which means

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Speaker 2: we don't have to spend tens of billions of dollars

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Speaker 2: labor wants to spend. And that's better for everybody, certainly

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Speaker 2: better for your hip pocket because you pay less.

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Speaker 1: Has there been some work done on where those potential

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Speaker 1: nuclear waste dumps could be because that's something again that

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Speaker 1: some Territorians are worried about that we might end up

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Speaker 1: with one here.

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Speaker 2: Yeah. Look, we have to deal with the waste issue

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Speaker 2: anyway because we're taking on nuclear submarines. That's bipartisan and

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Speaker 2: the Government is actually working on that, so it's this

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Speaker 2: is not a controversial issue. We know there are lots

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Speaker 2: of options for nuclear waste in Australia. Happily, we're very

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Speaker 2: stable country in terms of we have very few earthquakes

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Speaker 2: and so there are good places to put nuclear waste.

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Speaker 2: And it's long been a view that this is something

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Speaker 2: that Australia can do well. Bob Hawk was always a

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Speaker 2: great proponent of Australia being able to store nuclear waste.

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Speaker 2: But we know there are many options. Labor is working

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Speaker 2: on this now and as I say, it's a bipartisan

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Speaker 2: approach to it.

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Speaker 1: Can you rule out forcing the Northern Territory to have one?

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Speaker 2: Yeah. Look again, I'm not going to get into options

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Speaker 2: on locations because I say the government is working on

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Speaker 2: this because it's got to as part of its policy,

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Speaker 2: bipartisan policy on nuclear submarines. So like, what I can

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Speaker 2: absolutely assure you of is that any location I think

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Speaker 2: both sides of politics want to make sure that it's safe,

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Speaker 2: it's secure and that no community will be neededbly impacted.

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Speaker 1: If you have just joined us on the show with

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Speaker 1: me right now, is the Shadow treasurer Angus Taylor? Angus,

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Speaker 1: can you tell us? You know? I know that you've

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Speaker 1: pointed out the reasons why the Coalition aren't going to

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Speaker 1: be supporting the tax cuts that the Labor Party obviously

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Speaker 1: announced overnight in their budget in the budget reply. I'm

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Speaker 1: not expecting you to overshadow or to announce before before

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Speaker 1: Peter Dutton does. But what can we expect when it

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Speaker 1: comes to cost of living measures and trying to help

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Speaker 1: people that are doing it tough, because I think it

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Speaker 1: is the biggest issue for Aussie's when they go to

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Speaker 1: the polls whenever that may be.

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Speaker 2: You're absolutely right. I mean, we've sent a collapse in

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Speaker 2: our standards of living and that's been driven by prices

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Speaker 2: going up much faster than incomes, interest rates staying too

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Speaker 2: high for too long, and people are paying way more

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Speaker 2: personal income tax than they were despite the so called

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Speaker 2: tax cuts. I mean, the idea that there's been tax

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Speaker 2: cuts is a complete myths. People are paying way more

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Speaker 2: in tax than they were two and a half years ago.

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Speaker 2: So what will you see from us, which was your question.

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Speaker 2: A strong focus on economic management, delivering affordable, reliable energy

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Speaker 2: to bring down energy bills two hundred and seventy five

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Speaker 2: dollars that was promised by labor. There's no prospect of

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Speaker 2: that appearing anytime soon. So that's crucial. Fixing our housing

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Speaker 2: supply which is out of control, making sure immigration is

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Speaker 2: balanced with our housing supply, cutting unnecessary waste so that

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Speaker 2: we're not crowding out private sector investment, and backing small business.

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Speaker 2: I mean, small businesses are backbone of our communities. Labor

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Speaker 2: has always disliked it because they can't unionize it, and

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Speaker 2: yet it's so important for employment, for opportunities, for prosperity

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Speaker 2: for all of us. And that's why we've already announced

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Speaker 2: an important tax cut that will encourage small businesses to

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Speaker 2: invest in their local communities.

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Speaker 1: Now, in terms of the Northern Territory, there's been quite

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Speaker 1: a bit of argie bargie this morning. We had Madeline

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Speaker 1: King on the show. As I mentioned a little while ago,

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Speaker 1: we've also spoken to the Northern Territory Treasurer, Bill Yan

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Speaker 1: Luke Gosling. The member for Solomon's been in contact. You know,

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Speaker 1: what we can see is that it looks as though

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Speaker 1: there's about two hundred million dollars in additional funding for

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Speaker 1: the Northern Territory for the Stuart Highway. A lot of

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Speaker 1: us unable to see whether there is much else for

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Speaker 1: the Northern Territory at this point in last night's budget

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Speaker 1: aside from what we already knew we were going to

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Speaker 1: be getting from the Coalition. Is the Northern Territory going

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Speaker 1: to be a focus? Can we expect anything in your budget? Reply?

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Speaker 2: Yeah, Look, I'm not going to make the announcements now.

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Speaker 2: Obviously that leaves that to Peter and others.

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Speaker 1: We will always try always, I know you.

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Speaker 2: Will and everyone does. But what I will say is

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Speaker 2: it is a priority absolutely. I mean, we see the

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Speaker 2: opportunity in the Northern Territory for everyone who lives there,

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Speaker 2: but for all Australians. I mean, I think there's enormous

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Speaker 2: potential for further investment. And most importantly, we want good jobs.

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Speaker 2: We want rising incomes, we want the standard of living

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Speaker 2: to rise. We want to deal with those cost of

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Speaker 2: living issues that absolutely are bearing down on people, as

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Speaker 2: you rightly point out, and the territory is a real

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Speaker 2: focus for us. We've got great candidates and members that

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Speaker 2: just in here and others who are up there fighting

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Speaker 2: hard for the things that I think really matter for Australians.

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Speaker 1: When is the selection going to happen?

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Speaker 2: Ah, it's a great question. I don't know. I feel

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Speaker 2: like we've me in a campaign since the beginning of

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Speaker 2: the year, Katie, but it just keeps I think most

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Speaker 2: of the trains would rather get on with it, but

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Speaker 2: Alban Easy wants to keep stringing it out, so let's see.

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Speaker 1: Yeah, we all want it to happen sooner rather than later.

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Speaker 1: Shadow treasurer Angus Taylor. Really good to speak to you

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Speaker 1: this morning. Thanks so much for your time.

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Speaker 2: Thank you, thank you,