Warren Hogan

And this is the problem with One Nation's policy.

As Andrew McKellar, as Warren Hogan from Judo Bank and others have said, that there are immense problems with what they're proposing there because of the lack of detail around economic and fiscal impacts this could have more disastrous consequences than just bringing down the number.

It's important to bring the number down, but the cost to the economy, its impact on society is something we need to measure as well.

And One Nation's policy doesn't do that.

Now, there's going to be a whole range of reaction to all of this.

And I've already heard the opposition seizing on, well, where's the modelling? Where's the modelling? Judo Bank's Chief Economic Advisor, Warren Hogan, he hasn't been briefed on the policy, but he shared some general observations on the impact of net negative migration.

And what Warren's saying is that it'll shock the economy and risk putting Australia into a recession.

He's told the Telegraph economies don't like to be shocked.

But with mortgages, rents and household bills soaring, there's a growing debate about whether forcing people to save more for retirement is coming at the expense of their living standards today.

For more on this, EQ Economics Management Director Warren Hogan Warren, I just want to start with this article in the AFR that was around superannuation.

And as I just mentioned, we obviously put 12% of our wages into super.

But this increase in superannuation, is it coming at the expense of wages growth? And is there a higher retirement savings trade-off between workers' living standards now and in retirement?

I think he's the sort of centre-right Labor politician we need in Canberra.

He's accused the major parties, including the Labor Party, presumably, pair of pandering to one nation over migrant numbers this was in a speech last night that he made the case that cutting international student numbers was madness and quote this is a direct quote there could be no greater act of national economic self-harm at this time than to slash migration numbers for political purposes i should point out he lives in adelaide and not the migrant cities of choice like melbourne and sydney and what that is doing of course to the quality of life in those two places Joining me now, EQ Economics Managing Director, regular on News 24, Warren Hogan.

Good to see you again.

We're in the middle of this economic benefit or harm with immigration, staying at the current numbers, Warren.

And if we don't, we're in trouble.

Nice to catch up with you, Warren.

Thank you very much for that, Warren Hogan, there.

As I said, mentioning Melbourne, that big game at the MCG tomorrow, the LA Rams playing the San Francisco 49ers, something that's never been done in this country.

More on this in just a second.

One Nation's plan to allow Australians paying rent or a mortgage early access to their super has been attacked by Labor and the superannuation sector will unpack One Nation's economic policies with economist Warren Hogan in just a minute.

Plus, housing affordability in Australia has fallen to an all-time low due to elevated property prices, higher mortgage rates and the increased time taken to save for a deposit.

REA Group's Anne Flaherty will explain the details.

This is exactly why One Nation poses an unacceptable and dangerous risk to Australian workers.

One Nation is proposing a full frontal attack on superannuation as a full frontal attack on Australian workers.

So to chat One Nation and its economic policies, let's bring in here Warren Hogan, Managing Director of EQ Economics.

Warren, good to see you.

That's despite leading economists like Judith Sloan pointing to Jimbo's reforms putting Australia at the back of the pack of advanced economies.

The market, of course, pricing at a rate rise and even some economists like Warren Hogan saying that's inevitable.

So more on that shortly.

But look, I want to start with a conversation we were having yesterday.

Around 40,000 has been wiped off the average home in just this winter season alone.

Joining me now, independent economist with EQ Economics, Warren Hogan.

Well, how does this sort of drop in value of what is for most of us our largest asset play out to Warren?

Yeah, good evening, Peter.

Because we've got a challenging world to deal with and we're making it harder for ourselves in this country.

And that leadership and trust around that leadership is going to be extremely important in the next three to five years.

Well, Warren Hogan, you are a trusted voice.

So thank you for joining me tonight.