Earlier this year the Albo had an embarrassing interview with Ben Fordham where he admitted he hadn’t even asked Australia’s Solicitor General for legal advice on the Voice to Parliament. But when the transcript of the interview was published, this embarrassing omission had been removed from the record of the interview. Genuine mistake or erasing the record because it is politically inconvenient?

Transcript

Senator ROBERTS: A transcript of the Prime Minister’s 18 January interview with Ben Fordham on radio 2GB was published to PM&C’s website. The transcript omitted a key statement by the Prime Minister on the Voice. Specifically, Ben Fordham asked, ‘So you got legal advice from the Solicitor-General?’ In response, the Prime Minister clearly said, ‘No.’ Yet this was omitted from the transcript. Would you agree that the transcript is not an accurate record of the interview, given that omission?

Mr D Williamson: I’ll ask Mr Martin to assist you on this issue.

Mr Martin: The role the department plays in transcripts is that we receive the transcript from the Prime

Minister’s office. The transcripts are undertaken within the Prime Minister’s office, and we publish it. We are aware of media follow-up and media interest in the nature of the transcript. The department doesn’t do any editing or have any involvement in the transcript itself. We note that the transcripts provided from the Prime Minister’s office are marked that they may have errors or exceptions, but, otherwise, we don’t do any editing on them. We just publish them.

Senator ROBERTS: Is the responsibility with the PM&C or the Prime Minister’s office?

Mr Martin: We receive them from the Prime Minister’s office.

Senator ROBERTS: Has the department reviewed the incident?

Mr Martin: We’re aware of the incident.

Senator ROBERTS: Has the Prime Minister’s office reviewed the incident?

Mr Martin: We haven’t had any specific engagement with the office on this matter.

Senator ROBERTS: Can you please provide to the committee on notice all documents the department holds in regard to this interview and the publishing of it?

Mr Martin: I’m happy to take that on notice.

Senator ROBERTS: Can the public trust what you publish as being an accurate account of the Prime Minister’s statements, given that you don’t check what he actually said?

Mr Martin: Our role is to ensure that they are published properly and in a timely fashion to the Prime Minister’s website and that’s what we do.

Senator ROBERTS: So you do no checking? We have to rely upon the Prime Minister’s office for the accuracy?

Mr Martin: It’s not part of the department’s role to check them.

Senator ROBERTS: That doesn’t reflect well on the Prime Minister’s office, especially in a critical matter like the Voice. People are already saying, Senator Wong, that there’s not enough information about the Voice.  And now what has come out has been inaccurate.

Senator Wong: Firstly, on there not being enough information, I’d make a few points. There’s actually been a long process of this being discussed publicly, whether it’s from the Uluru Statement from the Heart, which identified Voice, Treaty and Truth as being important. Then we had the Prime Minister at Garma, who made clear the proposed words, which he said are a draft. He said this is about recognition and it’s about consultation. My recollection is the Referendum Working Group has put out a number of principles. And, as I answered in the Senate, in the event that a referendum passes, I’ve made the point that the parliament legislates, of which you are a part. So I think that some of these criticisms perhaps actually, fundamentally, go to people not supporting the Voice. I have a different view. I think people having their say isn’t a bad thing. On transcripts, I don’t actually have any. I’ll see if I can get you anything further, Senator Roberts. I would say to you I think all transcripts have E&OEs—errors and omissions excepted. I’ve seen mistakes in my transcripts—spelling mistakes et cetera. Generally my staff are very good, but afterwards I go: I think that’s actually a different word. There’s a judgement about getting something out and making sure it’s timely. But I will find out if there is anything further I can add.

Senator ROBERTS: Thank you, Senator Wong.

Politicians often point to a CSIRO document called GenCost22 that claims wind and solar are the cheapest forms of energy. In reality however, their model has more holes than a block of Swiss cheese.
While the department doesn’t seem to know how much they’re paying employees, the newly appointed Gender Equality Ambassador is earning at least $200,000 a year to lecture Australia and predominately western countries about how bad we are to women.

Being an ambassador I wondered if she would be travelling to Iraq, Saudi Arabia, Afghanistan or Pakistan to talk about their treatment of women, apparently it’s not on the agenda.

The Australian Health Practitioner Regulation Agency is the professional body that registers medical practitioners. For example a doctor or nurse cannot work in those professions without approval from the AHPRA. AHPRA can suspend a medical practitioner for breaching the Practitioner’s Code of Conduct.

Recently AHPRA amended the code to include instructions to medical professionals that they must support the Government’s vaccine agenda in their words and actions, or their registration would be reviewed. Senator Roberts asked AHPRA how many medical professionals they have cautioned for wrong speak, placing their registration at risk. The figure was 108.

Of those 16 were then suspended, and a further 11 were suspended after defending their patient’s right to informed consent.

Unless a medical professional can talk openly with their patient, explain the procedure, explain the risks and explain alternatives a patient cannot give informed consent. AHPRA’s actions are in conflict with long-established legal principles surrounding patient care.

One Nation will continue to pursue this matter.

While Local Alice Springs ABC reporters have been congratulated, the ABC has had to apologise for unbalanced reports from its capital city journalists that falsely left the impression a meeting of locals was about white supremacy.

Adding to that, the ABC presents Bruce Pascoe’s ‘Dark Emu’ book filled with exaggerations and some outright lies about aboriginal history on an education site for kids. The ABC receives over $1 billion of your money every year to present fair and balanced reporting, it doesn’t seem like value for money to me.

It’s pretty simple, #changingthedate of Australia Day won’t satisfy the “Blak Sovereign” movement behind the campaign.

Australia Day is a day to unite, reflect and respect our history and acknowledge we are stronger as a country without dividing ourselves on skin colour or ancestry. We have one flag, we are One Nation, we are one community.
The Iron Boomerang rail project could be one of the largest pieces of regional infrastructure Australia has seen.

It proposes building a rail line linking the abundant coalfields in Queensland with the iron ore deposits in Western Australia and establishing steel mills at either end. It would make Australia one of the leading steel producers in the world and turbocharge the economy.

Given the enormous potential being investigated, and the fact that a Senate Inquiry is currently underway, I can’t believe that this Government doesn’t seem to be interested.
In my questioning of CASA they have always denied that jab mandates introduced any kind of risks to pilots in the cockpit. Mysteriously however, changes have been made to cardiac ranges, we’re waiting for more information on exactly what those changes were.

I’m not satisfied CASA is doing it’s due diligence, that it’s Medical Officers are properly dedicated to the job or that they are actually looking after pilots. I’ll share more of the details on my website when my questions on notice are answered.

Since 2019 the RBA created $508 billion out of thin air through electric journal entries. I have been warning the RBA directly that this money printing will contribute to the inflation we are experiencing.

What did Governor Phillip Lowe say? He acknowledged I warned about creating money, he acknowledged it was a mistake and he also said nation building projects like Iron Boomerang would help fix inflation.

Transcript

Senator ROBERTS : Thank you both for being here. Dr Lowe, in 2016, I had my first Senate estimates session. I asked the Treasury secretary, who at the time was John Fraser, a question about the huge increase in money supply. He pretty much dismissed me and said, ‘No, don’t worry about it.’ At the next Senate estimates session, he said yes; he acknowledged it. In the third one, he said, ‘Yes. The theory is that it will lead to inflation, you’re correct, but we haven’t seen it yet and we don’t know why.’ So I understand that it’s a vexing problem. You said that one of the solutions is to make the pie bigger. You are saying that the answer to the government’s funding dilemma is to grow the economy and, as a result, the tax base. Have you heard of the project Iron Boomerang? We’ve got the world’s best metallurgical coal for making steel in the east coast and the best iron ore in the west coast. It would build a railway line fully funded. The investors are ready to go. There is a Senate inquiry taking off on it pretty soon. It would take coal to the west and iron ore to the east. There would be massive steelmaking complexes both in the east coast and the west coast. It would remove shipping and road transport. It would be a huge investment. It would add $100 billion to our GDP, which is five per cent. It would open up the north and all of central Australia for the Indigenous living there and rural communities and agriculture. Is that something that we should be thinking about?

Mr Lowe : If the rate of return on that investment is as you describe it and both the financial and social returns are as you describe them, it is something to think about. There may be other projects that have better returns. I don’t want to endorse it, because I don’t know anything about it. But, in principle, we should be looking at the financial and social returns we get from these projects. If they are greater than the cost of funding and the economy has enough resources to do it, then certainly we should be thinking about it.

Senator ROBERTS: We’ve got investors, we’re told, from overseas lining up and also from within. I will come back to the formal questions I had. The Reserve Bank spent the COVID years increasing the money supply, as Deputy Governor Debelle said at the time, by electronic journal entry; they are his words. It is commonly called printing money. At an earlier estimates, I was given a figure of $508 billion as the total for electronic journal entries since 2019. Can you update that figure, please?

Mr Lowe : That’s still roughly the same. I think our balance sheet is a bit over $600 billion at the moment.

Ms Bullock: It is about $600 billion. Exchange settlement account balances are probably around $450 billion or something like that.

Mr Lowe : Our balance sheet has roughly $100 billion of banknotes on it. That is still $100 billion of banknotes. That is $4,000 for every person in the country, which I find extraordinary. That is one of the elements on our balance sheet. We have these exchange settlement balances, which is the electronic money that you talked about.

Senator ROBERTS: Thank you. So inflation has gone from not a problem to a 30-year high, 7.8 per cent in the December quarter. On 2 February 2022, Dr Lowe, you said that inflation had surprised on the upside. In March 2022, you predicted inflation would peak at 4.2 per cent. That was at the ABA, Australian Banking Association, conference that we both attended. Why were you surprised, Dr Lowe, when many, including myself, had spent 2020 and 2021 warning the Reserve Bank and the government, including at Senate estimates, that the sheer volume of this money expansion would inevitably cause significant inflation?

Mr Lowe : You were one of these people who were making the argument that the money supply expansion was ultimately going to be inflationary. That has played a role. As we were talking about before, at least half, maybe three-quarters, of the increase in inflation is due to what went on in Europe and the supply-side disruptions. The expansion of money supply, the low interest rates and, I would say, the government support during the pandemic have driven inflation. But it’s not the full story.

Senator ROBERTS: Is 7.8 per cent inflation the price the public is paying for the Reserve Bank supporting the government’s wasteful mismanagement of COVID using lockdowns and other restrictions, leading to JobSeeker, JobKeeper and mismanagement that the government caused, which is what necessitated the money creation? Did you even consider saying to the government, ‘No, I’m not going to print the massive amount of money, so perhaps reconsider your COVID strategy’?

Mr Lowe : No. We did not do—I want to be very clear about this—the money creation at the request of the government. The nine people who sit on the board of the Reserve Bank decided to do this. We had meetings with the government and we understood—

Senator ROBERTS: Was it because the government had put in place so many onerous restrictions?

Mr Lowe : No. It is easy to forget this now. In early 2020, we were being told by the health people that tens of thousands of Australians would be dead within months. Remember that there were preparations for, including in the Reserve Bank, temporary morgues in our cities. Our borders were closed. We were told the vaccine was maybe three years or longer away. This was going to be something that would take the society a long time to get over. That is what we were being told. That was the information—

Ms Bullock: And we were observing what was happening overseas.

Mr Lowe : And we were seeing what was going on in New York and Italy. It was really terrible and scary. People were locked in their homes. That was the base upon which we made the decision to go on this route. It turns out that the scientists developed a vaccine much more quickly and the economy was more resilient and we did too much. But we didn’t do too much because the government told us to or we wanted to; we thought it was the right thing to do given the information we had at the time.

CHAIR: We’re out of time for this line; sorry, Senator Roberts.

The Snowy 2.0 pumped hydro is one of the biggest disasters in our Government’s history.

Originally budgeted as a $2 billion renewable battery, it’s now estimated it won’t get power to the grid for less than $10 Billion. Despite telling me four months ago that the tunneling machine ‘Florence’ wasn’t bogged (it had “encountered soft ground”) the 7.30 Report tells us in the last 10 months the bogged Florence appears to have tunneled just 150m from its starting point before a 50m hole to the surface appeared on top of it.

All of this for a project to produce the same amount of electricity in a year that the Liddell coal fired power station could make in two weeks.