The Chaser Report - Blowing Clive Palmer's Trumpet

Episode Date: February 19, 2025

Clive Palmer has announced a brand new political party, which has summoned an old foe of his out from the deep. Meanwhile, how News Corp reacted to the news of an interest rate drop by giving a voice ...to those who really need it.Watch OPTICS on ABC iview here:https://iview.abc.net.au/show/opticsCheck out more Chaser headlines here:https://www.instagram.com/chaserwar/?hl=enFund Lachlan's War On Clive:https://chaser.com.au/support/ Hosted on Acast. See acast.com/privacy for more information.

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Starting point is 00:00:00 The Chaser Report is recorded on Gadigal Land. Striving for mediocrity in a world of excellence, this is The Chaser Report. Hello and welcome to The Chaser Report. Sike, it's not those two today. You've got the B team. Hello, I am producer Lachlan. And I'm editor John Dominico. We've had all sorts of things happen, and Charles and Dom are nowhere to be seen.
Starting point is 00:00:26 How are you feeling? What's the source? I'm all right. I'm here to talk about interest rates, so I'm assuming is why Dom and Charles left. Of course. Those homeowners got a little bit more money per year, and they just ditched their job because apparently they have migraines and are sick. Likely story.
Starting point is 00:00:42 How are you feeling about the interest rate drop? 0.25% for anyone who's not across it? Well, as someone who's been reading only News Corp, listening to everything the Little Party has said about it. Naturally. I'm pretty outraged. I don't have a home, and I'm mad about whatever this is, and I'll explain why after the break.
Starting point is 00:01:00 Okay. What do you want to talk about? I think maybe you shouldn't be too mad at the moment, John, because I've got some good news. If you're worried about stuff like interest rates and home loans and the cost of living, there's a new political party in town run by a person who's very, very dear to me specifically,
Starting point is 00:01:17 and I think that they have your interest at heart. That sounds amazing, much better than the lot we have now. We can hear more about that after these messages. As many of our listeners probably know, the interest rates had their first drop since 2020. Hmm, I know. A massive jump down from 4.35 to 4. What's the math? 4.1. Yeah, so interest rates got dropped. And I, for one, am disgusted based on everything I've learned for interest rates from the only unbiased news source news.com.com. Disgusted. But, John, everyone else is cheering. I thought that interest rates, I thought that it was like the second coming. You're not cheering? No, because.
Starting point is 00:01:58 Last week, Peter Dutton said it was too soon for a rate cut, which I'm sure had nothing to do with the election whatsoever and was purely economics. So I was confused about why someone who recently sold off all his properties, again, nothing to do with the election. He didn't want good press by having one property. That is not true at all. Did he do that?
Starting point is 00:02:19 He sold him off like two years. He sold him off when it was like two years ago, so basically when he knew he was going to make it through. He's down to one property. But don't worry, guys, he's still. he's getting by. His net worth is still roughly $300 million because of his wife. 300 million? Okay, I'm learning. That is the estimated net worth because his wife has a lot of business ventures. I assume this is what happens when you read from News Corp to get your news. You learn
Starting point is 00:02:41 about things like net worths. All I learn about is woke stuff from outlets like pedestrian TV and junkie. On to interest rates. I know we have no actual interest in the rates, but we may as well push through. So I was looking at news.com at his website and now plugging an article from real estate.com to you. And then when I went to the article, it said it also got cross-posted to the Daily Telegraph. So this is a story that everyone needs to read, called the surprise way a February interest rate cut could backfire. They saw it coming. They were trying to warn us from afar. Oh, if only, I had been one of the few people in Australia who reads news.com. So what do you think the downside of an interest rate cut could be?
Starting point is 00:03:23 It's pretty bad for the price of yachts, right? Luckily, yacht prices should be stable. Well, that's a really... Just like how super yacht prices have been stable the entire cost of living crisis. Which is a real fact, by the way. You can Google that. Super yachts at no point went down during the cost of living crisis.
Starting point is 00:03:38 Well, there was one super yacht that went down the other one. No, but the real threat, according to real estate.com, media, is that more people will be able to buy houses. No. All of my nightmares are coming true at once. That's right. If you make it cheaper for people to get home loans, they are more likely to be able to buy a house,
Starting point is 00:03:56 which is obviously outrageous. My mind is blown. Your mind literally blown by such a major threat to everyone's livelihood. How could the Alba Sleazy government do this to me by giving me a rate cut that I presumably in the person who worked for because actually governments don't control rate cuts the public do because of taking on all of the costs of inflation and having everything passed down onto us for the last four years? Well, on that sour note, I'll tell you why this is a threat.
Starting point is 00:04:28 because hypothetically their renters could buy houses in areas they couldn't afford before not to live in but to rent out themselves to pay off the mortgage. And name one time where a property investor bought a house not to live in but instead to rent out. You can't. You can't. That's never happened in the history of this country. Only renters are greedy little gremlins like that. Live in their houses.
Starting point is 00:04:53 I actually did see some of this news.com coverage because the second that there was an interest rate drop. I saw that news.com covered the voice of people who really mattered and they asked two landlords what they thought and the landlords were also very scared. So presumably this is a massive issue for the people who matter. I mean, you would be scared as a landlord. I mean after five years of saying that rent increases have to happen because the interest rates have gone up. Surely they mean that they have to drop the prices back down now that the interest rates are going down. Sorry, Did you say rent and down? Is that what you said?
Starting point is 00:05:30 I think I heard you wrong because it sounds those two words don't. It's like you're speaking gibberish to me, John. I mean, I know it doesn't sound like a real thing that can happen. But that's obviously why they're scared though, right? Now, one person whose opinion will shock everyone is, I know I said that last week Peter Dunn said it was too soon for a rate cut. But as of the day that they called the rate cut on that morning, Peter Dutton, according to News.commodityu broke ranks with his party to call for a cut.
Starting point is 00:06:01 Don't you hate when the leader of a political party doesn't do what the leader of a political party agrees with? It's terrifying, and also apparently Labor MPs also broke rank to call for a rate cut because going into an election, surely Labor's policy was going to be that they hope that there's going to be a rate rise. I mean, it doesn't surprise me that Labor MPs would have broke rank with liberal party policy. but there is some good news though hit me out of all the fear of an interest rate cut it turns out it never happened you see the liberal party's official response
Starting point is 00:06:35 of course came from angus taylor as the shadow treasurer okay and here's what he had to say about the cut hit me angus let me make a critical point about how we've got to where we are Australian families have done the hard work here and they deserve this interest rate increase because they're the ones that have done the work They deserve the increase.
Starting point is 00:07:01 And again, based on News Corp, I'm pretty sure that's him saying, you've all done the great work, you deserve to pay more on your mortgage, which is good for the economy because it means less people are buying houses. That's what we all wanted. And Angus Taylor's right in saying that the cost of living crisis should have gotten worse. That's what households wanted. That's what everyone wanted. I'm so glad that we finally have someone in Parliament who's willing to say that the cost of living
Starting point is 00:07:25 in crisis is what Australians want. Although I'm not sure that that's a policy that all Australians would deal with, which is why I'm really glad that there's a new political party in town that we'll talk about right after this. The Chaser Report, news you can't trust. John, you know that I'm a big fan of Clive Palmer, right? Always have been, yeah. Always have been.
Starting point is 00:07:50 Ever since Heath Franklin did an impression of him on Wednesday night fever back in 2013, That's a deep cut. And you and I went to that UAP meeting during the middle of COVID and we were both convinced we're going to die. Yes, John, we did almost die at a UAP meeting. I then almost died when one of Clive Palmer's goons attacked me.
Starting point is 00:08:09 This is what that sounded like. Clive! Clive! I got a message! Hey, Clive! You deserved it. I was just trying to get Clive a message. I'm willing to put it behind us because he's starting a new political party this year
Starting point is 00:08:26 and he wants to you'll never guess make Australia great again Clive Palmer has done this by announcing that he's got his third political party. This is the third time
Starting point is 00:08:42 that he's named a political party and he named the trumpet of patriots. Oh, trumpet fanfare. How fitting. I really love the name a trumpet of patriots, John, because it begs the question, what if instead of dog whistling, I just used a foghorn. I did notice that on the AI generated logo, that looks ugly, the lion is not playing a trumpet.
Starting point is 00:09:07 He's playing a booby-Zala. Well, look, it's funny that you've brought up the AI element of all this. For those who aren't aware, the UAP, the United Australia Party, is no more. But do not be too sad because Clive's new party, which is registered with the A.A. and is going to be running with candidates in all 50 states, sorry, not 50, it's in Australia, it's happening in Australia. And people are saying that the Australian election coverage from all these different outlets is too focused on America.
Starting point is 00:09:39 No, obviously the name's been chosen to appeal to Trump fans, but the problem is they're so dumb that you need to literally spell it out for them. Also, we should acknowledge that trumpet is a pun because of how much they love Trump. It got me wondering, because admittedly, Clive Palmer is full of really, really bright, unique ideas, like making another Jurassic Park and making another Titanic and making himself another Trump. But this idea, this trumpet of Patriots, struck me as a bit too weird for Clive. Something felt off about the name. It felt almost like AI had come up with it.
Starting point is 00:10:15 So I thought I'd put it to the test, and I actually went to chat GPT and asked it to come up with a name for an Australian political party. that Trump's supporters in Australia will like. And guess what the first thing to come up was? The KKK. The Aussie, Aussie, Aussie, Aussie KKK. No, actually, it was the Patriots Party of Australia. But then when I tried a second time with ChatGPT, I got Trumpets of Australia using AI.
Starting point is 00:10:47 That was the suggestion. Which begs the question, did Clive Palmer just use AI to come up with his third? party name. Is he totally thrown in the towel at this point? Which is pretty rich from a guy who tells other people to do their own research. Well, to be fair to Clive,
Starting point is 00:11:04 this wasn't his first choice of part because it's been revealed because he applied to the AEC before asking the other person. He originally wanted the Clive Palmer the Clive and Pauline party. And Pauline said no. In the same way that it got revealed this week
Starting point is 00:11:20 that One Nation tried to poach Barnaby Joyce after the planter box situation. Sorry, that's the thing that they saw and thought, he's one of us. Yeah, it's also the reason why Barnaby's not getting a cabinet position anymore. Not because of the planter box itself, but according to reports, because Pauline Hanson started speaking to him about it,
Starting point is 00:11:38 they found out they're mad at disloyalty. Oh, yes, Barnaby Joyce finally facing a consequence for disloyalty. How about that? Parties are like families, and you need multiple. But, John, you want to know the thing that I'm most disappointed. by in this new name, the trumpet of Patriots of Australia. What? I'm really disappointed that now all of my old merchandise is useless.
Starting point is 00:12:03 You still have the merchandise. Here I am. But actually can't say Lockie is holding an official Vote 1 United Australia Party shirt and wearing a Vote 1 United Australia Party hat that we got given. I worked hard to steal these from volunteers. And now they're useless to me, John. No. Clive, you know what this means? Another visit.
Starting point is 00:12:25 See you at the next party event, mate. Although, can I tell you one thing I'm excited for with this election? Thanks for this announcement. Hit me. So, we've got Clive Palmer wanting to blow Trump's trumpet. And just last week, Patricia Carvellis put out an ABC article called Is Dutton blowing the man whistle? And you know what? Albanyzie then went and said this.
Starting point is 00:12:45 This is the worst sloppy... Really putting the oral in elect... Coral Commission. Commission. And that, listener, is what happens when Charles and Dom aren't here. So, get back on the microphones, champs. We'll see you tomorrow if Charles and Dom once again pretend to be sick. We are part of the Iconiclass Network.
Starting point is 00:13:09 See you tomorrow, Clive. Let's blow that trumpet together.

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