Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Joining me on the line right now is the Shadow
treasurer Angus Taylor. Good morning to you.
Speaker 2 (00:06):
Good to be with you, Katie. Thanks for having me.
Speaker 1 (00:07):
Yeah, thank you so much for your time. Now, I
understand that Labour's now introduce those tax cuts to Parliament
this morning. It's looking like it's an attempt to sort
of force a swift vote. Where are things at.
Speaker 2 (00:21):
Well, they're trying to push it through the Parliament as
fast as they can, but that's because there is a
budget for the next five weeks for the election campaign,
not for the next five years, which is for the
future prosperity of all Australians. Really, what they're proposing is
a cruel hoax. I mean, the idea that Australians will
get back to where they were when Labor took government
(00:43):
by giving them seventy cents a day in over a
year's time from now. It's just ridiculous. I mean, this
is not responsible economic management. We know the answer to
getting Australians ahead, getting their standard of living back to
where it was when Labor came to power as quickly
as possible is to have a strong economy. Strong economic
management is the answer, and that means affordable reliable energy,
(01:05):
fixing our housing supply, making sure that we get rid
of unnecessary waste, slashing red tapes, he businesses can invest.
We need the key industries up in your part of
the world, investing and able to create jobs and at
the same time being strong on crime. And that is
what Australians want. That's what they need, and that's what
(01:27):
this budget should have been about. Sadly it wasn't. Well.
Speaker 1 (01:30):
Look a lot of people really, as I said earlier,
scratching their heads wondering just how much they are going
to receive in tax cuts. I know Madeline King had
said to us this morning it's fifty dollars a week.
But you know, from what we saw last night, I
think that's sort of you know, the government adding up
all of the tax cuts that they've announced rather than
just the ones that were announced overnight. Either way, is
(01:52):
that something that the Coalition is going to support when
it comes to that vote.
Speaker 2 (01:56):
Now, what we're no, absolutely, seventy cents a day a
year from now is not the answer. There's a better
answer than that. Affordable reliable energy by pushing down electricity prices,
making sure we've got housing costs that are affordable for
all Australians, whether you're a renter or a young Australian
trying to buy a house, paying off your mortgage, putting
downward pressure on both inflation and interest rates. Look, this
(02:18):
is good old fashioned economic management. As the Liberal Party
has always been strong on this. It's what we believe in.
Labor thinks the answer is handouts. It will never get
there effectively. What's happening is Labour's putting all of this
money on the credit card, one hundred and seventy billion
dollars of ready ink over the next five years in
this budget. That's six thousand bucks on the credit card
(02:40):
for every Australian and we've all got to pay for that.
There's no such thing as free money. But that's how
Labor treats it because they're trying to bribe Australians in
an election campaign. This really is a cruel huax.
Speaker 1 (02:52):
You spoke, am I going to go about energy and
you know, and that is obviously a big issue for
a lot of Australians. One of the things that the
Coalition has spoken quite a bit though about is nuclear energy.
It does seem to be something that some Australians are
worried about that it's maybe the policy that is going
to tip them the other way to not vote for you.
Speaker 2 (03:14):
Guys, Well, I think Australian's one affordable, reliable power. I
mean I really do. And in the shorter term, we
know that means having a strong natural gas industry alongside
the growth in renewables that will continue, and that the
NT is absolutely crucial to that. We've got to make
it easier to get gas out from under the ground,
(03:35):
both for our domestic markets and export, and that will
put downward pressure on our prices and at the same
time create jobs, opportunities and pay taxes, and that is
absolutely crucial. And then the longer term baseloads zero emissions,
and this is incredibly important, nuclear powered zero emissions. It's baseload,
so it doesn't need to be backed up like renewables do,
(03:57):
and we can use the existing power lines, which means
we don't have to spend tens of billions of dollars
labor wants to spend. And that's better for everybody, certainly
better for your hip pocket because you pay less.
Speaker 1 (04:10):
Has there been some work done on where those potential
nuclear waste dumps could be because that's something again that
some Territorians are worried about that we might end up
with one here.
Speaker 2 (04:21):
Yeah. Look, we have to deal with the waste issue
anyway because we're taking on nuclear submarines. That's bipartisan and
the Government is actually working on that, so it's this
is not a controversial issue. We know there are lots
of options for nuclear waste in Australia. Happily, we're very
stable country in terms of we have very few earthquakes
(04:42):
and so there are good places to put nuclear waste.
And it's long been a view that this is something
that Australia can do well. Bob Hawk was always a
great proponent of Australia being able to store nuclear waste.
But we know there are many options. Labor is working
on this now and as I say, it's a bipartisan
approach to it.
Speaker 1 (05:02):
Can you rule out forcing the Northern Territory to have one?
Speaker 2 (05:06):
Yeah. Look again, I'm not going to get into options
on locations because I say the government is working on
this because it's got to as part of its policy,
bipartisan policy on nuclear submarines. So like, what I can
absolutely assure you of is that any location I think
both sides of politics want to make sure that it's safe,
it's secure and that no community will be neededbly impacted.
Speaker 1 (05:28):
If you have just joined us on the show with
me right now, is the Shadow treasurer Angus Taylor? Angus,
can you tell us? You know? I know that you've
pointed out the reasons why the Coalition aren't going to
be supporting the tax cuts that the Labor Party obviously
announced overnight in their budget in the budget reply. I'm
not expecting you to overshadow or to announce before before
(05:52):
Peter Dutton does. But what can we expect when it
comes to cost of living measures and trying to help
people that are doing it tough, because I think it
is the biggest issue for Aussie's when they go to
the polls whenever that may be.
Speaker 2 (06:07):
You're absolutely right. I mean, we've sent a collapse in
our standards of living and that's been driven by prices
going up much faster than incomes, interest rates staying too
high for too long, and people are paying way more
personal income tax than they were despite the so called
tax cuts. I mean, the idea that there's been tax
cuts is a complete myths. People are paying way more
in tax than they were two and a half years ago.
(06:28):
So what will you see from us, which was your question.
A strong focus on economic management, delivering affordable, reliable energy
to bring down energy bills two hundred and seventy five
dollars that was promised by labor. There's no prospect of
that appearing anytime soon. So that's crucial. Fixing our housing
supply which is out of control, making sure immigration is
(06:50):
balanced with our housing supply, cutting unnecessary waste so that
we're not crowding out private sector investment, and backing small business.
I mean, small businesses are backbone of our communities. Labor
has always disliked it because they can't unionize it, and
yet it's so important for employment, for opportunities, for prosperity
(07:10):
for all of us. And that's why we've already announced
an important tax cut that will encourage small businesses to
invest in their local communities.
Speaker 1 (07:19):
Now, in terms of the Northern Territory, there's been quite
a bit of argie bargie this morning. We had Madeline
King on the show. As I mentioned a little while ago,
we've also spoken to the Northern Territory Treasurer, Bill Yan
Luke Gosling. The member for Solomon's been in contact. You know,
what we can see is that it looks as though
there's about two hundred million dollars in additional funding for
(07:40):
the Northern Territory for the Stuart Highway. A lot of
us unable to see whether there is much else for
the Northern Territory at this point in last night's budget
aside from what we already knew we were going to
be getting from the Coalition. Is the Northern Territory going
to be a focus? Can we expect anything in your budget? Reply?
Speaker 2 (08:00):
Yeah, Look, I'm not going to make the announcements now.
Obviously that leaves that to Peter and others.
Speaker 1 (08:05):
We will always try always, I know you.
Speaker 2 (08:08):
Will and everyone does. But what I will say is
it is a priority absolutely. I mean, we see the
opportunity in the Northern Territory for everyone who lives there,
but for all Australians. I mean, I think there's enormous
potential for further investment. And most importantly, we want good jobs.
We want rising incomes, we want the standard of living
(08:30):
to rise. We want to deal with those cost of
living issues that absolutely are bearing down on people, as
you rightly point out, and the territory is a real
focus for us. We've got great candidates and members that
just in here and others who are up there fighting
hard for the things that I think really matter for Australians.
Speaker 1 (08:50):
When is the selection going to happen?
Speaker 2 (08:52):
Ah, it's a great question. I don't know. I feel
like we've me in a campaign since the beginning of
the year, Katie, but it just keeps I think most
of the trains would rather get on with it, but
Alban Easy wants to keep stringing it out, so let's see.
Speaker 1 (09:05):
Yeah, we all want it to happen sooner rather than later.
Shadow treasurer Angus Taylor. Really good to speak to you
this morning. Thanks so much for your time.
Speaker 2 (09:13):
Thank you, thank you,
Joining me on the line right now is the Shadow
treasurer Angus Taylor. Good morning to you.
Speaker 2 (00:06):
Good to be with you, Katie. Thanks for having me.
Speaker 1 (00:07):
Yeah, thank you so much for your time. Now, I
understand that Labour's now introduce those tax cuts to Parliament
this morning. It's looking like it's an attempt to sort
of force a swift vote. Where are things at.
Speaker 2 (00:21):
Well, they're trying to push it through the Parliament as
fast as they can, but that's because there is a
budget for the next five weeks for the election campaign,
not for the next five years, which is for the
future prosperity of all Australians. Really, what they're proposing is
a cruel hoax. I mean, the idea that Australians will
get back to where they were when Labor took government
(00:43):
by giving them seventy cents a day in over a
year's time from now. It's just ridiculous. I mean, this
is not responsible economic management. We know the answer to
getting Australians ahead, getting their standard of living back to
where it was when Labor came to power as quickly
as possible is to have a strong economy. Strong economic
management is the answer, and that means affordable reliable energy,
(01:05):
fixing our housing supply, making sure that we get rid
of unnecessary waste, slashing red tapes, he businesses can invest.
We need the key industries up in your part of
the world, investing and able to create jobs and at
the same time being strong on crime. And that is
what Australians want. That's what they need, and that's what
(01:27):
this budget should have been about. Sadly it wasn't. Well.
Speaker 1 (01:30):
Look a lot of people really, as I said earlier,
scratching their heads wondering just how much they are going
to receive in tax cuts. I know Madeline King had
said to us this morning it's fifty dollars a week.
But you know, from what we saw last night, I
think that's sort of you know, the government adding up
all of the tax cuts that they've announced rather than
just the ones that were announced overnight. Either way, is
(01:52):
that something that the Coalition is going to support when
it comes to that vote.
Speaker 2 (01:56):
Now, what we're no, absolutely, seventy cents a day a
year from now is not the answer. There's a better
answer than that. Affordable reliable energy by pushing down electricity prices,
making sure we've got housing costs that are affordable for
all Australians, whether you're a renter or a young Australian
trying to buy a house, paying off your mortgage, putting
downward pressure on both inflation and interest rates. Look, this
(02:18):
is good old fashioned economic management. As the Liberal Party
has always been strong on this. It's what we believe in.
Labor thinks the answer is handouts. It will never get
there effectively. What's happening is Labour's putting all of this
money on the credit card, one hundred and seventy billion
dollars of ready ink over the next five years in
this budget. That's six thousand bucks on the credit card
(02:40):
for every Australian and we've all got to pay for that.
There's no such thing as free money. But that's how
Labor treats it because they're trying to bribe Australians in
an election campaign. This really is a cruel huax.
Speaker 1 (02:52):
You spoke, am I going to go about energy and
you know, and that is obviously a big issue for
a lot of Australians. One of the things that the
Coalition has spoken quite a bit though about is nuclear energy.
It does seem to be something that some Australians are
worried about that it's maybe the policy that is going
to tip them the other way to not vote for you.
Speaker 2 (03:14):
Guys, Well, I think Australian's one affordable, reliable power. I
mean I really do. And in the shorter term, we
know that means having a strong natural gas industry alongside
the growth in renewables that will continue, and that the
NT is absolutely crucial to that. We've got to make
it easier to get gas out from under the ground,
(03:35):
both for our domestic markets and export, and that will
put downward pressure on our prices and at the same
time create jobs, opportunities and pay taxes, and that is
absolutely crucial. And then the longer term baseloads zero emissions,
and this is incredibly important, nuclear powered zero emissions. It's baseload,
so it doesn't need to be backed up like renewables do,
(03:57):
and we can use the existing power lines, which means
we don't have to spend tens of billions of dollars
labor wants to spend. And that's better for everybody, certainly
better for your hip pocket because you pay less.
Speaker 1 (04:10):
Has there been some work done on where those potential
nuclear waste dumps could be because that's something again that
some Territorians are worried about that we might end up
with one here.
Speaker 2 (04:21):
Yeah. Look, we have to deal with the waste issue
anyway because we're taking on nuclear submarines. That's bipartisan and
the Government is actually working on that, so it's this
is not a controversial issue. We know there are lots
of options for nuclear waste in Australia. Happily, we're very
stable country in terms of we have very few earthquakes
(04:42):
and so there are good places to put nuclear waste.
And it's long been a view that this is something
that Australia can do well. Bob Hawk was always a
great proponent of Australia being able to store nuclear waste.
But we know there are many options. Labor is working
on this now and as I say, it's a bipartisan
approach to it.
Speaker 1 (05:02):
Can you rule out forcing the Northern Territory to have one?
Speaker 2 (05:06):
Yeah. Look again, I'm not going to get into options
on locations because I say the government is working on
this because it's got to as part of its policy,
bipartisan policy on nuclear submarines. So like, what I can
absolutely assure you of is that any location I think
both sides of politics want to make sure that it's safe,
it's secure and that no community will be neededbly impacted.
Speaker 1 (05:28):
If you have just joined us on the show with
me right now, is the Shadow treasurer Angus Taylor? Angus,
can you tell us? You know? I know that you've
pointed out the reasons why the Coalition aren't going to
be supporting the tax cuts that the Labor Party obviously
announced overnight in their budget in the budget reply. I'm
not expecting you to overshadow or to announce before before
(05:52):
Peter Dutton does. But what can we expect when it
comes to cost of living measures and trying to help
people that are doing it tough, because I think it
is the biggest issue for Aussie's when they go to
the polls whenever that may be.
Speaker 2 (06:07):
You're absolutely right. I mean, we've sent a collapse in
our standards of living and that's been driven by prices
going up much faster than incomes, interest rates staying too
high for too long, and people are paying way more
personal income tax than they were despite the so called
tax cuts. I mean, the idea that there's been tax
cuts is a complete myths. People are paying way more
in tax than they were two and a half years ago.
(06:28):
So what will you see from us, which was your question.
A strong focus on economic management, delivering affordable, reliable energy
to bring down energy bills two hundred and seventy five
dollars that was promised by labor. There's no prospect of
that appearing anytime soon. So that's crucial. Fixing our housing
supply which is out of control, making sure immigration is
(06:50):
balanced with our housing supply, cutting unnecessary waste so that
we're not crowding out private sector investment, and backing small business.
I mean, small businesses are backbone of our communities. Labor
has always disliked it because they can't unionize it, and
yet it's so important for employment, for opportunities, for prosperity
(07:10):
for all of us. And that's why we've already announced
an important tax cut that will encourage small businesses to
invest in their local communities.
Speaker 1 (07:19):
Now, in terms of the Northern Territory, there's been quite
a bit of argie bargie this morning. We had Madeline
King on the show. As I mentioned a little while ago,
we've also spoken to the Northern Territory Treasurer, Bill Yan
Luke Gosling. The member for Solomon's been in contact. You know,
what we can see is that it looks as though
there's about two hundred million dollars in additional funding for
(07:40):
the Northern Territory for the Stuart Highway. A lot of
us unable to see whether there is much else for
the Northern Territory at this point in last night's budget
aside from what we already knew we were going to
be getting from the Coalition. Is the Northern Territory going
to be a focus? Can we expect anything in your budget? Reply?
Speaker 2 (08:00):
Yeah, Look, I'm not going to make the announcements now.
Obviously that leaves that to Peter and others.
Speaker 1 (08:05):
We will always try always, I know you.
Speaker 2 (08:08):
Will and everyone does. But what I will say is
it is a priority absolutely. I mean, we see the
opportunity in the Northern Territory for everyone who lives there,
but for all Australians. I mean, I think there's enormous
potential for further investment. And most importantly, we want good jobs.
We want rising incomes, we want the standard of living
(08:30):
to rise. We want to deal with those cost of
living issues that absolutely are bearing down on people, as
you rightly point out, and the territory is a real
focus for us. We've got great candidates and members that
just in here and others who are up there fighting
hard for the things that I think really matter for Australians.
Speaker 1 (08:50):
When is the selection going to happen?
Speaker 2 (08:52):
Ah, it's a great question. I don't know. I feel
like we've me in a campaign since the beginning of
the year, Katie, but it just keeps I think most
of the trains would rather get on with it, but
Alban Easy wants to keep stringing it out, so let's see.
Speaker 1 (09:05):
Yeah, we all want it to happen sooner rather than later.
Shadow treasurer Angus Taylor. Really good to speak to you
this morning. Thanks so much for your time.
Speaker 2 (09:13):
Thank you, thank you,
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