From the Skying Center. This is Paul Murray Live.
Thank you, Sherry, Big News and great stuff for their chat Butt Thatt Little be up in fullward Sky News dot com dot U and Mula Two's time. Three questions off the top of the show before I get into the big stuff that's annoyed me today? Can a sex club or sorry, adult lifestyle club become a tourist attraction? That's the claim in Melbourne when a ghost complains, does anyone hear the sound? And how goods Megan Caley she's on the night.
This is not a deal breaker for JD Vance. The Democrats don't have a lot on JD and they do consider him a massive threat given his genuine ties to Appalachia and the white working class, and they're trying to do their best to stir up hatred for him. Hatred, I mean that's They just sent out a tweet saying he hates women.
Now, remember one of the key promises of this government was that they were going to make life better for you. That promise wasn't made this year. It wasn't made last year. Of course, was made many times up to the action in twenty twenty two. It's still on the Prime Minister's Twitter feed, but I noticed he hasn't reposted it since he made it before the last election. We've recalled this as the central failure of this government and it is one that they can't spin their way out of.
The promise was clear, no asterisks.
No, maybe he's no timetables, but a labour government will lower the cost of living.
Well, guess what happened today.
Crucial inflation figures show prices still rising.
Australians are paying much more for food, electricity and rant, pushing up the inflation rate, rising costs of groceries, feeding and expected rise and inflation in the June quarter to three point eight percent.
Now, reality is Reservebank needs it between two and three percent. The month that was just before this, of course, so before the reporting period May was four percent. It is now just under that number, but still it is higher than where it was.
In the previous three months.
So put simply, for the first six months of this year, things got more expensive. To break it down month by month, here's what happened month in June. Will the monthly inflation rate was three point eight percent, way higher than that.
The cost of tobacco, that is what is part of this calculation.
Electricity way more than three point eight at seven point five, rent at seven percent, automotive fuel, it's almost like we've seen this coming. Petrol at six point six percent, not to mention the amount of money for people to set up a brand new home that they would live in, the clothes that they would wear, and so on and
so on. Now all of this has been absolute lineball stuff, because we know the last time the Reserve Bank met now they have of course raised interest rates twelve times under this government, once under the previous but twelve times under this government. A thirteenth will be political bombshell will go off and there will be major problems for a
government that is suffering on many fronts. But the question is the information that we got today does it lead us in the obvious direction, which is if inflation keeps going up, then interest rates go up as well.
Well.
Plenty of people, including a person who's regularly seen on this program from Judo Bank, is none other than Warren Hogan. He said this today the sky newses ross Greenwood.
I personally think it's a line baller corp. It'll be fascinating to see what happens the risk of not raising rates is that if the tax cuts stimulate the economy, if the job's growth continues, that inflation starts to pick up. And of course it opens the risks that they have to do more than one or two, that they have to do three, four or five. Of course, what I'm saying is it opens the risk that they have to put the economy into recession.
Now, all of the indicators are that if everything is more expensive, then the Reserve Bank responds in the same brutal fashion that they have twelve times since this government came to power. The government the promise to make things cheaper, therefore to bring down inflation. But of course it is not working.
Now.
Without getting too boring about this, and I do not pretend to be an economist, but somebody who of course is watching the news is in a very granular fashion like you do each.
And every night.
We try to bring you the information and present the people who know what they are talking about with specificity, to bring you the data to then add to our opinions. But there seems to be a new get out of jail situation for the government, which is the difference between core and non core inflation. Now I'll explain what all that is in a moment. But this is Jim Charmers reaching for that as a message to the Reserve Bank,
saying it's a line ball call. But if it's a lineball call, it should land on don't raise the rates.
What this means is that we are seeing underlying inflation in our economy moderate. We would like it to moderate further and faster, but this is the sixth consecutive quarter that underlying inflation has moderated, and it is also moderating in quarterly and annual terms, and we welcome that.
Now, I get it. What does it?
Stats can be pushed in lots of different directions, and of course they can fit multiple people's argument. What is frustrating for those that are, of course very nervous about what might be happening is to work out what is the key indicies that everyone is looking at. Now we have been told relentlessly that it is about inflation, not
the different versions or types or greater detail. This was political spin from the government trying to find the best possible number in a headline raising number with many factors that in the last month were multiple times the headline number. So what is core inflation versus non core inflation. YouTube will have the answer for US.
Core inflation, also known as underlying inflation, is a measure of inflation which excludes items that face volatile price movement, notably food and energy. That food and fuel prices may go up in the short run due to some disturbance in the agriculture sector or oil economy, However, over the long term they tend to revert back to their normal trend growth. On the other hand, prices of other commodities do not fluctuate as regular early as food and field.
Now, the other thing that you need to know is that Australia's inflation rate is higher than places like the UK and the US.
Huge factor in the UK election.
Apart from the obvious mess that was the previous government, was of course to living crisis. Well, their inflation rate is lower than ours. The United States, the number one issue in the presidential election, regardless of whom people are planning to vote for at this upcoming election, is inflation.
Their rate lower than ours.
Now, there have been many people that have come forward and said that one of the things that is keeping inflation a little high in Australia is the billions and billions of dollars which are being spent by state governments and federal governments as well, not to mention increased welfare spending and a lot of other things. But of course, Jim Chalmers says, nothing to see here.
We have made some substantial progress. We'd like to make more progress. We need inflation to moderate further and faster. Inflation is sticky and stubborn in our economy, as it has been in other economies earlier in the year.
Now, sometimes it feels like you're wrestling with smoke here, because of course you have the politicians trying to tell you that well.
Up is down, down is up, and black is white and left is right.
You're all of that crap right, because it serves their interests. But as we've told you, there's every possible industry for the number of cars that are being repossessed, the number of people that aren't paying their loans, the number of people that having difficulty with their loans, the overall price increases that are taking place that, regardless of what is happening up in the headline world, in the per capital world,
we are in a recession. This is a key reason why you would think the Reserve Bank wouldn't think about raising interest rates. But they have told us, and they have done it twelve times in a row, that the inflation must hit between two and three. It's now close to four than it is three, and they only have one leave at a pull.
Will they pull up? We'll all find out together.
But as to say, when you're sort of wrestling with smoke, it's good to see from time to time people who are well. You happen to line up with most of the people here, of course you'll see in primetime absolutely clear about things like cost of living and the political impact of inflation. But interesting to note that Peter van Onslan, who often we agree disagree with whatever, but he has hit rather hard today in the Daily Mail about just
this wrestling with smoke factor. That is, the Treasurer Jim Chalmer's excuses for Australia's inflation crisis spectacularly unraveled two key stats, easily blowing apart the garbage the Treasurer is peddling.
Nice and clear.
Here, he says, the Treasurer wants you to believe that this is a global problem, claiming on Wednesday that some global pressures are helping fuel stick inflation. But it's not, as I explained before, places like the United States and the UK lower than where we are right now. And then there's the issue of the budget now of course, the two little too late tax cuts, the power bill measures which mean people from mansions to one bedroom units we'll all get the same three hundred dollars, all of
which is being eaten up by increased power prices. I've got more of that in a second again, Pvo says. Charmers also attacked economists who The Times suggested that the budget will be inflationary. The Treasurer now has mud on his face, that's for sure. In fact, it's covered him from head to toe, well said. Meantime, one of the issues in and around the politics of what is happening now is that the Australian economy is not in a great place and the reality is nowhere near what was promised.
Hence why the Prime Minister is in a series of problems at the moment, with the polls that even the poles that turn up in places like the Guardians say more people disapprove than approve of his job right now, and in fact more people approve than disapprove of.
Where Peter Dutton is right now. Now, of course it's the Teals.
And I say this every night because I know somebody will run after the umpire and we'll end up turning
up on some sort of media criticism show. We all know that the path to seventy six is complicated, particularly for the opposition because of the Teals, but still it all matters here and it's interesting to note again the people who normally wouldn't line up with us, who are starting to line up and admit what we have known since day one of the government, and even if you gave him the benefit of the doubt, what was clean by year one of the government, by year two of
the governor. Now, as we move towards an election, the City warning Herald they're editorial today Albaneza government has work to do to keep the elected on board. The latest Resolve political monitor conducted for the Herald shows people are to tuning out from the Labor government. Voters boosted the coalition to another high in support after months of steady gains to the Liberal Party leader Peter Dutton and his team. The government has drifted in popularity since it's failed referendum.
Voice in October last year. Weeks later, the High Court ruled against indefinite detention, leading to the release of one hundred and fifty people, some of whom were later found to have serious criminal histories. The Herald goes on, the consistent, slow drip feed of negative economic news has been water torture for households facing sustained cost of living pressures as they struggle to understand why economists are again discussing another
interest rate rise. So the political problem for the government is obvious. We promise to fix the problem, but they don't. The problem becomes demonstrably worse on their watch. But they want a gold medal because the latest number is slightly better than the one from twelve months ago or twelve months before that. The reality, of course, is that every single month, whether the number is way up or slightly down, it's still higher than where it was.
When they took office.
That means, of course, that fundamental problem and that fundamental promise is broken. But before anyone's thinking about turning and turning away from a government, you need to know what an opposition would do. This is the chief problem of oppositions.
If you make a vague promise like the previous government did saying we'll make it all better, or when it all turns out not to be better, you can be held pretty obviously accountable for it when you say you're going to drop power prices by two hundred and seventy five dollars, But then you come up with new ways of pretending you never said it. People remember, and that starts to throw sand into the political gears.
Of the government.
Obviously, for the opposition, it's easy for them on some levels just to try to scoop people up as they become dissatisfied with the government, but at some point they have to say what their plan would be, what they would do, what policies they could put in place. Now, of course, if that means a reduction and the amount of money that we spend in the budget, where we all know how that's automatically interpreted by the ad makers of the Labour Party cut cut cut, cut, cut, cut, cut,
cut cut. But if people know that the budget is part of the problem and the government tells you there isn't a problem, well then it does make an easier argument for those that are trying to prosecute.
Against them right now.
But then there's another factor now this factor has been used relentlessly to bash up on conservative governments, and Patricia carvellis again I'm focusing on some people who we normally wouldn't be throwing much praise at because they probably wouldn't even look sideways at us. But still, broken clocks and all the rest of it. Anthony Ibnez's wo go much deeper than the reshuffle. Voter confidence has plummeted. She quoted her poll which yes goes back to January, but I
think would be worse now. And that is the percentage of Australians who feel they have a great deal or quite a lot of confidence in the federal government. The number is now thirty eight and a bit percent. That number is ever so slightly higher than the number that caused a change of government in twenty twenty two. Now, as you can see the high points on the left, well that's all in and around the COVID period. Then of course there was the consequences after it, which resulted
in a change of government. The change of government resulted in the spike and then the failure to deliver on the promises or when they're caught out lying, but they tell you that everything is awesome. Well that again is now starting to put them into a territory that statistically
is a world of trouble. But again the reason Albanezi probably sleeps a little more comfortably that he should based off poles that are showing us that within six months of election he is currently behind in multiple areas, not in Newspole, but in multiple others. Is again the teals
So we'll have to wait and see. And it is interesting about the number of people and the amount of poles that are around in Australia that they are not doing some version of seat by seat polling to tell us if there has any change or sentiment towards the independence. I know at times they talk about things like double haters, where people who hate both major parties, and that of course is all soft promotion for the third option or the fourth or the fifth.
Depending on how you look at things.
But if the Prime Minister and the Treasurer think that they can keep punching out budgets that pretend to take care of things but actually make things worse, then it doesn't matter what they do in the big cashplash before the next election. If people, as predicted by some of these media organizations are starting to not even listen. Then it won't even matter. Now part of all of this again is power prices. Now Australians are using their power
at a particularly cold time of the year. Winter means you end up backing on the heater, turning on the air conditioning in the exact same fashion without the heater. Instead, it's the fan and the air conditioner that goes during summer. And there's always this sort of tectonic debate at the moment about do we go for nuclear energy, which of course is the position of Peter Dutton and the opposition. They say it provides more reliable power, but of course
it costs billions of dollars to build. And then of course there's the albanezy greens and teal position, which is, no, it should be more renewables, but they cost even more billions to build, in fact, close to a trillion dollars to build, and some of this stuff has to be replaced within ten.
Or twenty years. And of course it's.
Not good when it ain't shining and it ain't blowing, so you have to have something that is securing the grid. That of course is things like gas. But then lefties don't want that, So of course we're again in this fight. Now where what sort of energy system do we want? Do we want the one that's going to reduce something to do with like forty three percent of one percent
of the global climate problem? Or China can continue to do whatever it wants with thirty times more pollution being pumped up each and every year, and of course they can keep increasing that number all the way to twenty thirty one.
Where on one hand, behind our.
Back, or is the suggestion again that we can go in the direction of nuculi. Now, as you know, the line out of the government is rather consistent here that we've picked a path and this is the only path that we can possibly do because if you go down the other one, the one that's currently powering the paras Olympic Games or the one that's powering the Los Angeles Games in four years time, well you'll have to pay more.
Nuclear power is the most expensive form of new energy.
And in Australia nuclear is too expensive and too slow.
Taxpayers are going to pay for the most expensive form of new energy.
Nuclear is expensive to build.
They want a wreck investment and then charge taxpayers for the most expensive form of new energy that's available with their nuclear reactionary plan.
Now, we could spend a whole hour talking about how many twists and lies we're inside all of that. Of course, there's plenty billions, billions and billions and billions of dog it's all off agit, meaning that we never actually see what the numbers are that are going to subsidize the creation of the renewable sector, because apparently once the renewable stuff is built, well, everything's going to be cheaper, right. The problem is it costs to trillion dollars to build it.
Renewable energy is the cheapest form of energy.
Renewables are the cheapest.
Renewable energy is incredibly cheap. The cheapest form of new energy is renewables.
Well, interesting today to see James Morrow writing an interesting piece in the Daily Telegraph, of course, the great man who often appears here on this program, and obviously you can see him on Outsiders in the US Report on Fridays. Well, he's got some data which is coming from the Red Bridge polling organization. This ironically is also the group that does a bit of polling for the Teals, So it ain't a right wing pole and according to research which
has been done by red Bridge. Fifty four percent of all voters agree with the statement that labours rush to increase the amount of wind and solar is driving energy.
Through the roof.
Repeat, Fifty four percent of people believe the government is pushing power.
Prices through the roof.
Just twenty nine percent of labor voters agree that the government's tight timelines and high targets we're actually pushing up energy costs. It is seventy nine percent of Coalition voters and forty percent of Greens that are helping get to that number of fifty four percent. Remember, of course, labor
only represents about a third of the vote. Fifty nine percent of respondents of households that have less than one thousand dollars a week coming into their house they also agree with the sentiment that the government is pushing up power prices deliberately and intentionally through their policies. Meantime, those with three thousand dollars a week coming into the house also a majority believe that the government is making things worse.
So let's have a look again at the data. The data tells us that prices have gone up under this government. The data tells you that interest rates have gone up under this government. The data tells you the power prices have gone up under this government. So mum, you again, what's the point of this government? Oh, that's right, apparently it's to keep you safe. Well again, some more information
about that. As you know, the High Court last year made its decision which was to get rid of indefinite detention, where previously Australia had been able to keep per people behind bars who weren't willing to leave the country, but we weren't willing to let them get new visas to stay in the country. But of course the response to that has been a disaster for the government, no matter
what they say. As people were released from detention, we started to get information, some information firstly about the types of people that have been released, but then secondly the number of people who were going back before a court or again being accused of crimes like a person who had been led out of detention before again being accused of a violent bashion which took place in Western Australia,
or what about this. For a number a quarter of the foreign offenders freed under the High Courts in z YQ ruling have been charged with the crime since their release. New figures have shown here that it's going to add some pressure to Tony Burke. The Australian can reveal that thirty nine, one hundred and fifty nine former detainees have
been hit with criminal charges since the decision in November. Now, of course there's nothing to say here, just like how the economy is going amazing and the power prices are going amazing, and of course the reshuffle to move the minister responsible for the poor handling of this situation had nothing to do with the poor handling of the situation. Remember what the Prime Minister said, then why.
Did you and.
Because there's a reshuffle.
But apparently the person who is the ultimate savior here the Arts minister. Yes, the aben eazy government is going to light up the person responsible for the arts to also be the person responsible for making sure that the people who have been already led out onto detention will or won't be wearing their ankle bracelets and all the rest of it.
Do you have faith Yeah, me neither.
As for the Rex situation, So what ended up happening since we came off air last night is that the Regional Airline has now been put into voluntary administration. What that means is the potentially hundreds of jobs are about to go. What it definitely means is that if you had a ticket going between all of the major capital cities, those are gone. Those flights have of course been canceled. Thankfully,
the regional services are still continuing. So if you have a ticket to try to get from a place like Manauser to Brisbane, that will be honored tomorrow.
He's part of the wide issue of what's going on.
Rex Airlines has grounded its entire Boeing seven three seven fleet, which are boldly acquired during the COVID pandemic, effectively stopping services between major capital cities. Regional express flights which use sub three point forty aircraft remain unaffected now.
As for the government, Catherine King, the Transport Minister, says they're going to do something. What that something is, who knows.
Rex's continuation is in the best interests of regional Australians, the traveling public, its workers and the aviation sector more broadly, and the Government will work very closely with the administrators to insture a strong regional aviation presence in the future.
Why are keep talking about this is because of course our commitmental Regional Australia GETTA everyone watching us on free to where they're Foxtell Flash or through the Sky News app. There's lots of people who do watch us and love what we have to do, that not just being this program, but obviously what we do in primetime in the channel in general. So I always want to make sure that
we keep an eye on what is happening. And of course this is a very significant issue because, as we told you last night and thankfully some reportings followed up in the past twenty four hours, one of the key reasons why you need planes is because people need to
be able to get to, among other things, specialist medical appointments. Again, the ABC had an interesting story today repeating some details about all of this that basically for people to get specialists to some of those hospitals or patients to the hospitals that have specialists.
You need plans.
Amazingly, though, some of the health systems that you would think would be in a bit more of a panic well are kind of sitting back and waiting to see what happens, including a statement which was offered the ABC where Newcipal's Health says it would continue to monitor the situation, feel free not to monitor.
What about help Now?
You know that we've been long supporters of Pauline Hanson on this program and her ability to speak freely. Whether you agree or disagree, to give her a chance to be able to speak. We have done so when she was running for the Senate, since she's been a Senator, and for a long period of time, always welcome on the program. Sometimes it gets a little bit late, particularly with these longer introductions, but she's always welcome on the program,
and we very much like her. But I've got to say, if you need yet another reason why we like Pauline Hanson is because she is, in my I You're a very genuine person and a legitimately genuine person who I've seen with my own eyes in places like Birdsville, where a random person will come up and start raising a problem and she'll talk to them for a long period of time, and she doesn't just say thanks very much,
get back to the advisor. She follows through Now. While again her politics may not be a cup of tea for everyone. The reason that I am a supporter of Pauline Hansen being part of our national political conversation while It was on show just a couple of days ago in an event for James Ashby, who as you know, is running for the seat of your poun at the Queensland election. There was this incredible act of generosity which came from the leader of one nation.
A little girl needs.
An operation so she can get the grommets removed from her ears.
Guess who's going to pay for it.
Senator Pauline Hanson promised to cover the surgery costs for a nine year old your Poon girl who's been on the public hospital waiting list for more than seven years. Sanator Hanson said she's discussed that Katie Burns has had to wait so long for treatment.
Now.
The whole thing came as a surprise and it was part of a media conference which took place a couple of days ago up the coast.
Straight Away I said, we're going to get this operation done.
Cayli, you don't know I'm paying for it. I thank you.
I'm going to pay for it, thank you, thank you.
The reality from an awful lot of people in this country, particularly people that are in regional Australia, is that healthcare
is incredibly complicated. It's complicated because of your capacity to get to and from places, but also the further you get away from the big cities, the capacity for your local hospital to be able to do so called elective surgery like making sure the little girl can hear, become so complicated that, as you heard in that story from seven News on the Sunny Coast, is that she's been
waiting for seven years. Seven years that of course, was since the little girl was two, so she ended up going all the way through preschool pre Kindy kindy, and is now in primary school. But it is only now because somebody else is willing to pay in this case, specifically Pauline Hansen, that the little girl will get the operation,
meaning she can hear. So I'm more than happy to speak warmly of a person who is willing to take care of people like this, not just with their words, with their advocacy, with their ability to get attention from the media, but also with their own money.
World done, Pauline, World done, James.
I'm very happy too that it's going to end this way, and that she's finally going to have a surgery and she's going to be able to live a life as a normal nine year old.
All right, let's go there. It's late enough at night. We're all adults.
We can all do this without giggling or getting smutty. But a simple question for you, do you believe that an adult club could end up being a tourist attraction. There is a warehouse that is about to be converted into some sort of adult leisure club I think they call it in Melbourne. Some of the locals are blowing up because there's a school two streets away, but still they're concerned that all sorts of unpleasantness may be walking in and out. But of course no one's going to
be walking around nude on the streets. I'm not totally sure what the outrage is, but still A proposal to build a two hundred person swingers club in the heart of Melbourne sparked furious pushback from local residents and businesses have raised safety concerns for the fear of the neighborhood will become an epicenter.
Of cedy sex establishments.
But counselors who approve the development application for the on premises venue have hit back at the moralizing of those opposed to the plan, with one raising eyebrows after revealing several former Council members were known to attend a similar club. The proposal will allow two hundred patrons to be on site six pm and two am, seven days a week. That's what people want to do midnight on a Sunday anyway, but only twenty patrons will be allowed to be there
during the day. There'll be six staff, there'll be security and there will be those people will be there during the quote unquote peak hours.
Told you don't giggle, don't laugh. The organization that is planning to turn this facility into.
A adult leisure center is Pineapple's Lifestyle Bar. There's so many things I could say, like the old Triple MDJ and he's got so many things to say, particularly about the Pineapples.
But we'll look at the other way.
And they, of course have responded to some of the outrage today and again Herald Suns on this The business said it expects patrons to travel from all over Victoria and Australia wide to experience the club, adding that they would likely stay the night in local accommodation and enjoy cafes and restaurants in the Melbourne in the South Melbourne Market area. See you to become a tourist attraction two hundred people between six pm and the early hours of
the morning. It will entice guests to visit the region, creating new employment and generating benefits for the staff we hire and other businesses in the local area.
And for research purposes only.
I went on to the website of Pineapples and they have a countdown, and right now people are signing up for the chance to be first in line. So I asked the question again, perhaps in a rhetorical fashion, but if you'd love to send me an email, I'd love to hear your view. Could a place like Pineapples become a tourist attraction? We'll all find out together, won't we, which I think is part of their business model. But anyway,
now let's get to the America presidential election. You will have heard an awful lot of.
Headlines in the past couple of days which are Harris.
Is surging, here, is surging there, surging everywhere. She's wiped out President Trump's lee. New polling is wiping it out in swing states. You've seen this probably a version of this headline for the past couple of days. It is interesting, though, that what is missing from some of this analysis. Are poles that have also come out today showing Trump's still in the lead. In fact, a pole that is done by Harvard University, that far right wing thing, actually says
that it's Trump by four right now. But let's have a look at well the people who have decided to put money on it currently, they all still think that Trump is in front, not Harris. And also it's interesting to note that Nate Silver, who is the deep data guy, formerly a five point thirty eight, he now works out on his own but uses the same computer modeling that yes, was wrong in sixteen, but was right in eighteen, it was right in twenty it was right in twenty two.
He says Trump has a sixty one percent chance of winning the presidency. If that's the case, it'll be fascinating to see whether all these new poles change any of that. But right now, the money and the data apparent only pointing Trump's way. But it's just the end of July, it ain't early November. We'll talk about it all with the wonderful Megan Kelly next.
We've seen her enough those of us who are in political news and follow her closely to know she usually sounds moronic, she does. If you give her enough time to talk, she will confuse you with her word salad, to the point where you're not sure you and she speak the same language.
Right, is it me or is it her?
She's not particularly clever, she's not particularly likable. She's reversed herself on everything. She is a far left liberal from San Francisco.
Bloody oath and a rock star is none other than Megan Kelly. She joins us a little later in tonight's show that has this the ding dong debate that we know you love each and every Wednesday night from and Bishop Stephen Conroy plenty the fire up about and the.
Whole time I'll try not to ask about tourist attractions in South Melbourne more in a sick.
Well, let's get it right now, carry over champ as always is Brodwin Bishop, and I'm sure Stephen Conroy doesn't mind, because he's always just.
Here to help.
Let's get into it. So the Reserve Bank, let's just again, who knows whether they're going to try to cover their backside because of course the government is againlessly talking about fiddling and reshaping it and.
All the rest of it, or whether they follow the pattern of their.
Previous decision making, which is, unless inflation is between two and three, then they're going to keep going up.
What you got telling you, I'll hold They'll hold you.
I always remember mister Kennedy, who's the head of Future, is also in that mix, and they meet. It ever was six weeks now, but I do think that it tells me they've missed this arise, for which they'll be very grateful. It just confirms what I've said since the Dunkly by election that they are getting ready for a nearly election. They've removed some barnacles, the got rid of O'Neil and Giles, and Tony Burk's been put in a position to sort of warm up the Muslim vote movement.
He can't be asked any questions about the CFMU because he's no longer the minister and you can't do that. So barnacles have been removed to go to an election any time they want. And I don't think there's any suggestion that there will not be the likelihood of an increase later in the year, because in the next quarter the tax cuts and the electricity payments go in. They're not in this lot and that will push up inflation.
So for you, Stephen, obviously you think that they've gone one too many, or maybe even too many, so you'd be hoping that again that the data means they don't go there. But obviously, if you're the Labor Party, if they can dodge one next week, then they've got a six week window to call and have an election if they really want to. If this is the central fear in amongst people. But are you laugh sir.
Well, I'm I'm not sure Olbo is going to be taking advice from Bromwin about when to call an election, so I don't accept any of her analysis. You talked to you, you yourself, Paul earlier in your intro, talked about what's actually happening in the real world, the capita GDP figures, which are effectively in a recession. We've had unemployment going up, we've got inflation.
Despite some bizarre.
Commentary today from market economists trying to suggest inflation is still going up through the rest of the year, it's just not true. So the Reserve Bank should take a deep breath, admit that they made a mistake last year in pushing too hard, and to avoid making the same mistake, which is keeping interest rates too high for too long. They should actually reduce interest rates.
Stephen, for heaven's sake, the Treasurer said that inflation would be down to three point five. It's three, it's three point nine or three point eight. The point I was making is in the next quarter.
Treasurer said, by the end of the year it would be inside. It would be inside the two three percent target. That's what he said.
I said today that the treasury projections were right. In other words, his weren't. But the important thing is that those tax cuts, which I've always said would not last till a May election, they go in to the next quarter, as with the electricity reductions or subsidies.
I love conservatives who've suddenly discovered that the budget only has one side to it. Bromwin, I'm going to give you a hint. Jim Chalmers has had two surpluses, so that which take pro If you.
Take if you take all the off budget expenditure and worked it into the budget, you would have one hell of a deficit. And the projection is that you just want to get after this year. And it's only had been able to put up this proposition of having a surplus because other people in the mining industry call for Heaven's sake and iron or have done a good job and.
Ensure as part of the Australian economy. So let's be clear, Brom. There are two sizes for budgets. There is revenue and expenditure. The government can't it's very surplus. They can't Brown, Could you please just let me finish trying to let you finish? Really, I know that, but I thought i'd ask. I thought i'd ask. Revenue is outgrowing expenditure. That's how you run
a surplus. I know you won't recognized one and previous government deliver one if you If you actually want to have some credibility, just try and say there are inflationary pressures. You could perhaps point to the state governments. What you can't go to is the federal government. What you can't do is say, oh, they're spending all this money, They're
spending that money and still surpluses. It's never if you wanted to happen, any degree of credibility, any degree incredibility, somebody else's fault.
It is.
And of course the only reason you have that you moved ministers in a reshuffle is because there's a reshuffle.
There's no reasons for anything.
They didn't They didn't move anybody in an economic portfolio.
No, no, correct, But I'm saying, remember the spin was that there was nothing wrong in the portfolios, of which they did flip around anyway, all under the cover.
We had a number of we had a number still had a number of retirements.
Okay, a retirements.
And you change the Immigration minister and you change the Home Affairs Minister. Which brings me to the single most moore horring topic that I have heard in the past couple of weeks, which is about who was responsible for the for the starting of the Home Affairs Department under the previous government.
Oh was it a mistake to have her well, asked Brom.
When asked Brom when she voted to make Malcolm Turnbull Prime minister, she might be able to help.
All I can say ghost, All I can say about the ghost is who cares.
Nothing about the ghost? Which were voted for him?
I am much more concerned for Mark Latham. Mark Latham, you're voted for the.
Ghost having his little.
But again he's writing an opinion piece correcting another opinion piece. So my simple point is this, when a ghost complains, does anyone notice, No, Yeah, it's it's kind of it's it's done right like again. And this is the thing, you know, is always important when you're trying.
More important to understand whether or not he's having tryed to have influence in the selection.
Speak to Paul.
Two of the three people on this show never voted for the ghast one did I wonder who it was?
You can make up all your life, David, just make it up.
Robin and I have long forgiven over this moment.
But anyway, we've long pertofs matter on one side anyway, Oh God, love your well, Plade. All right, let's talk here about about the Rex situation. So Stephen, what does the government do here? Because obviously, again and I don't want to, I think that people are nice. My experience with the airline has always been amazing, and I'm not greasing them up because they don't.
Have a business class, no special lounges.
All right, there's no difference whether you're in run row one or six on the flight to Dubo. Okay, So what does the government do here? Because obviously it is expensive. The business decided to roll the dice and try to get involved in Sidney, Melbourne, Brisbane as a way of supplementing you know, Brisbane to Mount is So what does the government do here to make sure that people in Mount Isaac can still get a plane to Brisbane for heart surgery.
Now, look, this is a serious issue for many across particularly regional Australia. I mean, as you said, the previous management and board have been dysfunctional for some time. They've made some quite bizarre decisions and they're paying the price for that. The market is already moving to create new alternatives. The government is saying it will work with whatever those
alternatives are. I'm ensure those services keep going. And I think there's a little bit more to play out in terms of who wants to become a player in this particular scenario.
It is just interesting.
Government should be talking to a range of people about what are the options to keep REX or rex within.
Alive.
I agree, but I remember when it was virgin and Jim Chummers wanted to buy it.
No, I think it'll be a private sector conclusion. I think those people who are writing that pac which is owed one hundred and fifty million dollars, will be the entity that will probably take control and the regional As I understand it, the regional aircraft business is in a separate corporate entity from the entity that owns the seven three sevens, which Virgin wants to take over to get it with their slots.
All right, good, I think that's the way it's going to go.
Excellently explained and a bit of fun in between. Well done, guys, Thank you very much, appreciate it. Thank you Broman, thank you.
Steve and orlways here the whole pose of you. Quick break back with more none other than the great Meghan Kelly. Next, is Trump still winning?
Yes, not a day goes by with not massive news out of the United States. And the best in the business is the wonderful Meghan Kelly. Her show has been amazing the past couple of weeks, and it's so good to be able to see her face to face via the Internet. Yet again, our favorite time of the week is to talk to her.
Hello, mate, Wow, A lot's happening.
Just like all day every day. So let's talk about JdE Evans. You did an excellent interview with him where basically you kind of offered the off ramps if he wanted to take it with the crazy cat lady stuff and said he doubled down. Also, correctly, you showed some of the context. He's not just talking about random childless people. He's talking about the types of people who end up running institutions, politics, media. But of course all of that
context doesn't matter. It's just anyone without a child is a crazy cat lady. Outrage ensues. CNN has another bucket of new stuff that's happened in the past couple of days. Let's cut to the chase. You spoke to him. You looked into his eyes the same way that I do.
You now, is he going to make it?
Yeah, he's going to make it.
Trump doesn't backtrack on big decisions like who his vice presidential running meet is going to be. And let me tell you, I've been through this long enough to know no matter who Trump's selected it, they'd be going through this.
They would have found plenty of.
Dirt on Doug Bergham, on Glenn Youngkin, on Nikki Haley, on Ron DeSantis, any of them would have been demonized in whatever particular way that they had a weakness on And.
This is I mean his weaknesses go. This one's kind of pathetic. He said.
Some prevocative things on cable he stirred that, you know what, to get attention on an issue, and was kind of, you know, pardon the term caddie about making his point. He's not the first to do that on cable news. I mean, look at the way Trump talks, and he got elected president. This is not a deal breaker for JD.
Vance.
The Democrats don't have a lot on JD. And they do consider him a massive threat given his genuine ties to Appalachia and the white working class, and they're trying to do their best to stir up hatred for him. Hatred I mean that's they just sent out a tweet saying he hates women. And why are they doing that?
Because they've got to drive up their numbers with the women vote, and they are really, really hoping that Americans will forget that it is their party that's in favor of making women get punched in the face by maleboxers masquerading as females, by making our little girls go into locker rooms and see penises everywhere, by letting fourteen year old girls have their breast chopped off when they express a little gender confusion. But really, what's underlying it is depression.
That's their party, and so they really want us to get upset over childless cat lady comments that JD said on a cable news show, leading us to believe he hates women and not them, not the ones who are actually chopping off the breasts of young girls who might be going through about of temporary blues that come with the onset of puberty. It's insane, and they have a compliant media who will push these lies as they push lies that, oh.
Jade Vance, he's reversed his.
Position on many, many issues from just eight years ago, and they'll trot out some trans friend of JD's from law school saying he's reversed himself on everything, just from money and power without calling to a tension. The fact that Kamala Harris has reversed herself in the past twenty four hours and at least four massive policy positions that
would actually affect millions of Americans. It's incredibly frustrating. But it's our media, and it's a challenge that Republicans face every election cycle.
Is the power of the machine as effective as it was in twenty or even attempted to be in sixteen, Because it feels to me like even in the New York Times poll, the number one source of people's news in that poll in the.
US is social media.
Now, by extension, I would suggest that that means YouTube shows and lots of other things that are not the traditional newspaper TV show. Do you think that we're dealing with a different market that is trying to play the same game.
Look, they don't have anywhere near the power that they used to, but if you're talking about activating the Democratic base, they are still.
Very powerful, very powerful.
I mean, it was essentially the news media that got Joe Biden out of office, or at least out of his second term candidacy, and potentially out of office.
We're not sure who's running the country right now. I'll get back to you.
So they do have a lot of power when it comes to Democrats, and they're exercising it.
They're energizing their base.
They're trying to reach out to those independence are kind of split maybe fifty five to forty five Republican Democrat as a rule, you know, leaning, and they're trying to get those forty five incentivized to go out and vote for Kamala and try to rewrite her all of her history, so you can't write them off as feckless yet. But yeah, I mean compared to what they used to be in terms of influence, influencing the entire country, they're a shadow
of their former selves. It's actually really kind of fun to watch them express frustration at the loss of, you know, holding the national narrative over these massive conversations. They can't stand the fact that JD. Vance came to me, for example, to have his come to Jesus interview after those cat lady comments blew up. They hate having to cite someone like me in the New York Times, which they did, because it's an admission that they don't have a monopoly
on power anymore. And I noticed, like the Wall Street Journal they did a podcast about JD's comments. Did they cite his interview with me in which we just got No? They waited until he sat down with a Fox property Trey Goudy on Fox News and cited that because they really don't want to come to grips with the fact that their old model of business is dying.
It's hanging on by a thread.
But as I say, within Democrat circles, it's still alive.
And well, what's your saints about how the election is being consumed by people.
I mean, I think it's the summer, and in general, people don't pay much attention to the news in the summer, and that's.
Not different now. I mean, it is the election cycle.
So we're all getting bigger numbers than we would get in a non summer year. But I think the average American, the ones who are going to decide this election, they're outliving their lives, so they'll start to pay attention more in September. And then things are going to tighten as they always do, and they tightened already once Kamala Harris became the presumptive, but they're going to get even tighter.
And we really have September in October to finalize the messaging around each camp, so you know we're going into August.
July is basically over. That gives the.
Camps one month to try to gear up their messaging and figure out what attacks are going to land and which ones they want to run with in the final whatever.
Days of this election.
But early voting is going to start as early as late September, and so you know, it matters whether people are paying attention and in those critical Swing States.
It matters a lot. I think the problem for the Republicans right.
Now is that she has such a short runway and that she's not going to be so battle tested and battle testing Kamala Harris would be a good thing for the Republicans. We've seen her enough, those of us who are in political news and follow her closely to not she usually sounds moronic.
She does. If you give her enough time to talk, she.
Will confuse you with her word salad to the point where you're not sure you and she speak the same language.
Right, is it me or is it her?
She's not particularly clever, she's not particularly likable. She's reversed herself on everything. She is a far left liberal from San Francisco. So if we give her enough time for exposure, the country will see that. The problem for the Republicans right now is they don't have it.
They don't have said time.
Megan the vision of the business and we love token e ah in every week.
Thank you, Thanks Paulicy Soon