Episode Transcript
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Speaker 1 (00:00):
International Correspondence with ends in Eye Insurance Peace of Mind
for New Zealand Business.
Speaker 2 (00:05):
Steve Prices were this morning, make hello there. I learned
something that you won't be remotely interested in, neither will
anyone else, but I would say it anyway. I was watching.
I happened to watch West Coast play Melbourne yesterday in
the AFL and I thought, that's a really weird looking MCG.
What are they doing? And it turns out there at
Marble Stadium, of course, and I thought, why is Melbourne
at Marble Stadium given that their home is the MCG.
(00:27):
And apparently there was another game and they get shifted?
Is that common?
Speaker 1 (00:31):
Every team that's home ground is normally the MCG, including
the one that I went to yesterday with my side.
Richmond has to play a number of games at Marble Stadium.
Was part of the deal when they built the thing
with the roof down the end of town that no
one likes.
Speaker 2 (00:48):
Because it's I mean, as I suppose it's an all
right stadium, but it's no MCG, isn't And having said that,
there wasn't much of a crowd, I reckon that what's
marble hold.
Speaker 1 (00:55):
Sixty marble holds a maximum of about forty five.
Speaker 2 (01:00):
Jesuss Halpy, so you would have had twenty peo. How
come there's only twenty thousand people going to an AFL
games because West Coast useless?
Speaker 1 (01:07):
Two words Mother's day?
Speaker 2 (01:09):
Oh say no more? What doesn't mum want to go
to the footy?
Speaker 1 (01:12):
No? I went yesterday on my own.
Speaker 2 (01:16):
Jeez, well what did you do? Well? Anyway?
Speaker 1 (01:19):
All right?
Speaker 2 (01:20):
Did Richmond win?
Speaker 1 (01:21):
No? So I left at halftime. It was a sad day.
Speaker 2 (01:25):
So what happened Saturday night? Was it as bad as
they thought it would be?
Speaker 1 (01:32):
It was worse for the Liberal Party than the worst nightmare.
And they are just in all sorts. Let's deal with
the numbers and then I'll quickly do the optics. So
the Liberal Party when this seat went to the federal
election in twenty twenty two, so that's not that long ago.
The primary vote of Susan Lee was forty three point
four percent. On Saturday night, Lives pulled a primary vote
(01:55):
of twelve one. Nation's primary vote was forty two percent,
and the swing against the coalition was thirty one percent.
That seat has been held by a Liberal or a
National for seventy seven years. They're the numbers now. The
Optics are the party that won nation through through. At
(02:15):
the Crooked Arm Hotel on Saturday night went off like
you would not believe, and across the road the Liberals
could only manage a crowd of about fifty people. They're
in all sorts of trouble. I mean Hanson's victory speech.
If you can look it up, she said, you are no.
This is two Australians because it was a telecastlide right
(02:36):
around the country. You are no longer to forgotten people.
We are coming for you. We want our country back.
And the place was rocking. She came into the room
to the sounds of John Farnham's Dull the Voice, and
they all went crazy. She's now got her eyes on
Western Sydney. The next test will be the Victorian state
(02:57):
election in November. They won't do as well in Victoria
as they will in Queensland, New South Wales, South Australia
and the other states of the country because Victoria is
still more slightly to the left than anyone else. But
she's now claiming that migrants are voting in big numbers
for her. There's a town in that seat called Griffith,
is to be well known for growing a lot of marijuana,
(03:19):
but it's an Italian settlement. The Italians when they came
out of here up the Second World War, a lot
of them went to Griffith. Well, that was unbelievable. Five
four out of five polling boots in Griffith recorded a
swing of more than thirty percent to the One Nation
candidate far So, the Libs are in big.
Speaker 2 (03:38):
Trouble a coalition or not, do you think?
Speaker 1 (03:42):
Well, some are suggesting they're going to have to talk
about it, but including the Shadow Treasure of Tim Wilson,
who said it's something we normally would be with the Nationals,
but we're going to have to have a look at this.
The more moderate and he's fairly moderate, but the real
moderate Liberals are going, no way are we getting involved
with One Nation. I'm just not going to join up
with them. I think the reality is going to hit
(04:03):
them straight across the face at some point soon and
they're going to have to start doing deals. Because if
look Pauline Hanson, if she goes to the Lower House
and winters see at the federal election, you've already got
David Farley there, you've got Barnaby Joyce there and I
said this to you last week. You're in a position
where you're going to have three independents with perhaps the
balance of power.
Speaker 2 (04:21):
See. The interesting thing is that the ALBANIZI must be
laughing because if you look at what happened in Britain
over the weekend. I know it was only a council election,
but the Reform Party got votes both off labor and
the Tories, so they have sort of seen whereas whereas
one nation is different, they go conservative. So it's the
conservatives of the problem. I mean, Elbow's sailing free, isn't.
Speaker 1 (04:43):
He Well a little bit of that. But if you
dig down into the weeds of this vote on the weekend,
there are a lot of labor voters in that electric
when you look at the big centers like Albury, so
there would be some skin off labor in this as well.
And Hanson's now pledged to go hard on labor seats
in western Sydney. She says she's got the migrant vote
(05:05):
now wrapped up. Now, whether that's right or not, and
whether that was just in the mood of Sunday after
winning so well, who knows. But there is some evidence
that these votes are coming off Labor and the Coalition
at the same time.
Speaker 2 (05:18):
Right, So tomorrow's your big day? Am I career? I
know what I'm reading. They're suggesting tomorrow's the big day.
They're quote unquote betting the house the ultimate political gamble.
Is it going to be that big a deal or not?
Speaker 1 (05:31):
Probably not. I mean they will break a very strong
election promise that they went to the twenty twenty two
election with, and that was we will not in twenty
twenty five election. Indeed, we will not touch capital gains
and we will not touch negative gear. And they're going
to touch both. Now how hard will they go? Well,
most of the leaks suggest that pretty much everything will
(05:53):
be grandfathered. So you're going to lose out if you
want to negatively gear an existing house. So if you
buy a house and negatively gear it like many people do, now,
you won't be able to do that. You'll only be
able to do that on new properties. And so the
grandfathering of the capital gains tax discounts that'll probably apply
to all new sales, not existing properties that people have
(06:17):
sold already are about to sell. So it's not going
to be quite as bad as everyone suggests. But the
baby boomers me you included, we're going to copy at
big time. There's no doubt about that. There'll be nothing
in this budget for anyone over the age of fifty.
And what DABOR is going to do is they're going
to align themselves very firmly with the Generation X millennials
(06:39):
and that's where this budget will take us. One interestring
aspect might quickly is that the finance minstericator Gallagher said today.
I said yesterday in an interview it'll be unsustainable for
the government to continue in definitely spending and supercharging spending
on renewable energy projects. So they've finally woken up that
the money they've spent, which has been extraordinary, is just
(07:01):
too much, and they're going to curtail attacks breaks for
electric vehicles and they're also not going to be spending
the sort of billions of dollars that they have been
on wind hours and solar panels.
Speaker 2 (07:13):
All right, mate, well, I look forward to you read
on Wednesday when you met with the Steve Price out
of Australia. For more from the mic Asking Breakfast, listen
live to news talks.
Speaker 1 (07:21):
It'd be from six am weekdays, or follow the podcast
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