Peter Dutton then says he would give more to the US with defence.

More than the $360bn than the Aukus agreement. Which Trump is already watering down in terms of what allies can expect to get. The US is behind in its own domestic manufacture of submarines and it is not going to give us any why it is behind in its own fleet.

Basically what Dutton is saying is – I will just beg more. I’ll give into the bully.

Greg Jericho:

Dutton:

The fact is that what I said, Prime Minister, which you’ve completely missed, is the opportunity for us to leverage in the relationship. We’ve got an enormous defence industry in this country.

Dutton is suggesting that one way to get lower tariffs is to offer to give the US MORE for defence.

So the response to a bully is to give in!!!

We move on to Trump, which is pretty much the story of this election.

Peter Dutton says he will be able to get a better deal with Trump, because….not sure why? His sparkling personality?

One is that I dealt with the Obama administration as a senior minister. I dealt with the Trump mark one administration…I also dealt, obviously, intimately with the with the Biden administration, we negotiated the Aukus submarine deal, which no no other country been able to do since the 1950s we negotiated an arrangement with President Biden’s administration, a Liberal government working with the Democrat government to broker a deal for the United States to share their nuclear powered secrets.

To the Prime Minister’s credit, he was then opposition leader, supported the position that we took. That’s the first point I’d make in terms of my experience in relation to international affairs.

Secondly, when we were in government during the Trump mark one period, we were able to negotiate an exemption for Australia in a way that other countries hadn’t been able to do it.

Our ambassador, at the moment, captain’s pick from the Prime Minister, Mr Kevin Rudd, is in there. Can’t get a phone call with the with the with with the President, cannot even get into the West Wing, and so no wonder the government’s had no hope of putting Australia’s case. The prime minister himself can’t get a phone call or meeting

Peter Dutton says he wants to see Australians save up for an investment property.

ARE YOU QUITE RIGHT IN THE HEAD, OPPOSITION LEADER?

This is a debate about how people can not afford to buy the average family home for their average family – and he is talking about people buying AN INVESTMENT PROPERTY?

WHAT WORLD IS HE IN?

Dutton:

I want to make sure that we can have the tax the tax settings in place so that we can encourage investment, because young Australians have to rent for a period of time until they can afford to get into their own home.

And if we don’t have investors in the market that we don’t have that rental accommodation, and we reduce the stock of housing, so we need to get that balance right, but the Prime Minister is already committed to taxing an unrealised capital gain.

So this will give an insight into faster for people who are saving for a rental property to try and support themselves in retirement or to have a house that they might give to one of their kids when they pass away. I think we have an enormous opportunity if we can change government the next election to fix up the housing crisis that Labor’s created (Labor has not created this, but also hasn’t done anything to make it better).

The problem of housing affordability is not too many migrants, but too many tax breaks for investors.

Will Labor’s policies make housing more affordable for people trying to get into the market.

Albanese says yes. But as Matt has just shown, it will be making housing more expensive.

Would Peter Dutton encourage his 20-year-old son Harry to dip into his super and take $50,000 out of his super for his house deposit (if Harry has more than $50,000 in his super, which most people in their 30s would be lucky to have, it is only because he has access to a trust fund, because his parents are multi-millionaires).

Dutton said he would tell Harry to take money out of his super.

Dutton is not doing anything on the capital gains tax discount.

Both major parties’ policies on housing are bad.

Both major parties have been guilty of juicing demand with previous policies. This started all the way back in the year 2000 with first homeowner’s grants. Study after study has shown that giving one group of home buyers more money or access to more borrowing just pushes up house prices.

Policies that both major parties have that is this category include:

• Access to super for first home buyers (LNP)
• 5% deposit without mortgage insurance for first home buyers (ALP)
• Tax deductibility for interest payments for first home buyers buying new homes (LNP)
• Govt taking up to a 40% equity stake in buying a home (ALP)
• Lowering borrowing standards to make it easier to get a larger mortgage (LNP)

These make for nice announceables but they will drive up house prices and make housing less affordable.

Around the world, climate change is increasing the costs of insurance and Australia is no exception.

Between 2022 and 2023, the average home insurance premium in Australia rose by 14%, the biggest rise in a decade.

Major floods in eastern Australia pushed insured losses in 2022 to a record $7 billion, almost double previous records. Perhaps more alarmingly, since 2013, insured losses in each year have exceeded the combined losses of the five years from 2000 to 2004.

Modelling from The McKell Institute estimated that the direct cost of natural disasters in Australia could reach $35 billion per year (in 2022 dollars) by mid-century, an average of more than $2,500 per household per year. 

My Dolly this is boring.

There really just needs to be one debate. Just one. We don’t need fifty versions of the same stuff.

Grocery prices have not gone up by 30%. It is 12%. Still bad, so I am not sure why Dutton has to keep overstating it.

Immigration is not the reason you can’t afford a house.

Stopping foreign buyers from purchasing existing homes will not do anything to make housing more affordable.

Climate change is a major reason insurance is going up

Savings from the fuel excise cut are vastly over stated.

Labor does not have a ‘renewables only’ energy policy.

Albanese: “Real wages have increased five quarters in a row under us. They went down five quarters in a row the last five quarters at the former government was in office.”

Yes true, but they are still about 3.9% below where there were in Sept 2021. So we have a long way to go to recover

Albanese is correct – you can’t means test a rebate. You either limit it to concession card holders or to everyone, or you wait until everyone fills in their tax return and you give it as a tax cut, which would not achieve the aim of actually reducing inflation, that occurs by the rebate

Why should people trust Anthony Albanese that they will be better off at the end of a second Labor term?

Albanese:

We understand that many people are doing it tough, which is why we’ve provided significant cost of living relief, but we’ve had to do it in a way that put that downward pressure on inflation. As a result, inflation has a two in front of it, 2.4 but at the same time, we’ve created a million jobs. We have provided cost of living relief, whether it be cheaper, childcare, free take for 600,000 people, energy bill relief, importantly, as well, tax cuts, one of the big decisions that we made was to change what I did. Say we would do. We said we wouldn’t take such the tax cuts. We intervened to make sure that everyone got a tax cut, and that’s why, going forward as well, we’ll make sure that there are further tax cuts. Two occasions, the coalition are promising to put income taxes up. If they’re successful, we will as well. The final point I’ll make is what goes in matters as well. Real wages have increased five quarters in a row. They went down five quarters in a row under the last government,.

What does Peter Dutton say to the Temu Trump criticism?

Dutton:

Well, I’ve been in Parliament since 2001 I served under four prime ministers, and I watched seven Prime Ministers in total. I believe that I’ve got the experience to bring to this job. My biggest influence in my political life was John Howard and Peter Costello. I worked as assistant treasurer, and I have taken inspiration from them both in terms of how to keep our economy strong and how to keep our country safe.

This election is between the Prime Minister and I, and the reason that you get all the negative ads and the lies and the mud slinging and the rest of it to Ali’s point before is that the government doesn’t have a good story to tell.

Over the last three years, if families were better off, childcare was spoken about before, childcare has gone up by 22% under this government out of pocket, expenses up by 13% so this election is about how as a party, and what I’m saying to the Australian people is that we want support at the election with your Liberal National candidates to provide support straight away, to help you with the cost of living crisis and our reforms beyond that, fix up The energy system, which has caused the cost of everything, including groceries, to go up by 30% okay,