What do you think about that?

Well, I think sort of former treasurers and, and others who are ghosts of the past al- always have a role and provide outside commentary.

But, uh, I, I think, uh, he, was...

Bill Kelty's very much entitled to his view.

Uh, I, I respect him highly for what, what he did.

I don't agree with the comments that, that he made about, um, the tax changes.

Uh, I do agree, and the, and the government agrees, that our first priority has to be, uh, has to be creating wealth, lifting productivity.

It's elusive.

What do you mean by that?

Well, what I mean by that is that the first preference votes for the major parties has been eroded over time.

And Labor in this past election achieved a record majority on a reasonably low level of primary vote.

So another way of explaining it is we tend to live now in what you could describe as a third, a third, a third world.

The two major parties are getting about two-thirds of the vote and then they're splintering around the edges.

Since I made those remarks, of course, we've seen the rise of One Nation.

And it has eaten the lunch, if you like, of the conservative parties.

What's your view about the potential of AI, or are you worried about the dangers of it?