Treasurer of Australia

We cut two excises, two taxes at once, and we give relief to Australians where they really need it, at the bowser.

Now, one last thing, as I've got all this energy on a Sunday night, which is to set the table that while the Prime Minister is away, the Treasurer will play, the future Prime Minister will play, and I'm not just talking about Annika Wells.

She will, of course, be over in the United Nations, hopefully for a little less money than last time, but whatever, they're going to fix the internet.

Now, Jim Chalmers, the Treasurer, is going to release a very important document tomorrow.

It is called the Intergenerational Report.

Now, they have tried to leak this and tried to put out all the good news on the assumption that no-one's going to pay attention on the Monday to the bad news, including the absolute whopper that if you believe them, they're going to cut $500 billion of Australia's debt.

Well, I just don't think that the Australian people cop the idea that a 30% tax on everything is going to solve the housing question.

So I think the Treasurer Chalmers and the Prime Minister Albanese think that people are idiots.

They think that they can just spin this crap and people will believe it.

And I just don't think people do believe it.

Parents have a responsibility to educate their children about everything, including civics.

Just moving on to another topic, the Financial Review and The Australian both reporting that the Treasurer has stopped using a 20-year average for productivity forecasts and has gone back to a 30-year average that Jim Chalmers once described like this.

The assumption in the budget and the assumption in the intergenerational report is set by Treasury based on all the available data here and abroad, and it is a long-run assumption.

It's not common to constantly change long-run assumptions.

One of the first things I did as Treasurer was to get rid of the Coalition's dodgy productivity assumption and make it more realistic on the advice of the Treasury Department.

I accepted their advice to downgrade the long-run assumption to 1.2%.

So,

Yeah, a lot of people are worried about the economy as we've been talking about.

But first tonight, Josh Frydenberg and New South Wales Premier Chris Minns have both issued warnings against the chanting of the phrase globalise the intifada on Australian streets.

The former Treasurer condemned former Australian of the Year Grace Tame for uttering the offensive phrase months after the Bondi massacre.

And Premier Min says it's a culture that we can't cop in Australia.

They both made the comments at the launch of our book, Bondi Terror, on Thursday night.

Because we're seeing figures, Michael, like Bill Kelty come out in an interview with Paul Sakal on the weekend, and he's warning about the economy.

You know, a famous former union figure, you know, really quite a union legend.

And he's coming out to speak against both the Prime Minister and the Treasurer on the economy.

First of all, congratulations on the book to you and

There's another thing, of course, though, that's driving sentiment against the government here, and that's the complete, well, loss of control of the economy, but also just failure to seemingly understand people's tough economic conditions.

We hear from the Treasurer, Jim Chalmers, constantly... that it's sunny outside, when people can see it's raining in their own lives, their living standards are falling, things are getting tougher, things are getting more expensive.

I mean, Jim Chalmers is the world's worst weatherman.

You know, he can't even describe weather conditions that are happening today, let alone forecast what they're going to happen tomorrow.