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1
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My vision for this country...
2
00:00:02,920 --> 00:00:05,359
- Roads, rail.
- Right across Australia.
3
00:00:05,360 --> 00:00:07,799
- We are in the age of infrastructure.
- The dawn of a new era.
4
00:00:07,800 --> 00:00:10,519
- Take this country to the 21st century.
- Bucket-loads of bitument and bricks.
5
00:00:10,520 --> 00:00:12,359
- Building a stronger country.
- Record spending on...
6
00:00:12,360 --> 00:00:14,559
We're spending more than any
government has ever spent.
7
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- $44 billion.
- $75 billion.
8
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- $100 billion.
- It's big money in anyone's language.
9
00:00:19,800 --> 00:00:21,719
- This is a nation-building...
- Nation-building.
10
00:00:21,720 --> 00:00:23,679
- Nation-building.
- Nation-building.
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- Nation-building.
- Nation-building.
12
00:00:26,160 --> 00:00:28,319
So what we think happened
is the letter went
13
00:00:28,320 --> 00:00:30,359
to my parents' old address,
but no-one realised.
14
00:00:30,360 --> 00:00:33,199
So, now they have to pay the
toll fine and the late penalty.
15
00:00:33,200 --> 00:00:35,399
- Seems a little tough here?
- Yeah.
16
00:00:35,400 --> 00:00:37,999
I tried to explain that they
were down from the country,
17
00:00:38,000 --> 00:00:41,239
didn't understand the tolls, but
they said we needed a stat dec.
18
00:00:41,240 --> 00:00:43,199
- Well, let me know how you get on.
- Thanks, Tony.
19
00:00:43,200 --> 00:00:44,919
- Hey, Jim.
- 'Microstructure'.
20
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What about it?
21
00:00:46,000 --> 00:00:47,239
- 'Blink reaction'.
- What does it mean?
22
00:00:47,240 --> 00:00:49,639
- I thought you'd know. 'Blink'?
- No.
23
00:00:49,640 --> 00:00:51,079
Mm. That was a yes.
24
00:00:51,080 --> 00:00:54,079
- What about 'ruralisation'?
- Again, do you know what it is?
25
00:00:54,080 --> 00:00:55,479
Not ringing any bells.
26
00:00:55,480 --> 00:00:58,359
We had a demographer in
talking about future trends.
27
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I'd just love to be ahead
of the curve on this stuff.
28
00:01:00,160 --> 00:01:01,679
Yeah, Jim, I'm kind of
busy right now, so...
29
00:01:01,680 --> 00:01:04,839
Sure. Have you got the compliance
report on the Tasman Port lease?
30
00:01:04,840 --> 00:01:06,399
Oh, yeah, it's here somewhere. Katie.
31
00:01:06,400 --> 00:01:08,759
- Yellow folder.
- Ah! Is this it?
32
00:01:08,760 --> 00:01:10,799
That's the one. Just
needs a quick squiggle.
33
00:01:10,800 --> 00:01:12,199
Yeah. I actually haven't read it yet.
34
00:01:12,200 --> 00:01:13,959
- Just a tick and flick.
- I'll do it this morning.
35
00:01:13,960 --> 00:01:15,759
You sure you don't
want to... mm-mm... now?
36
00:01:15,760 --> 00:01:16,959
Said you were busy.
37
00:01:16,960 --> 00:01:18,479
I think I should at least
read the thing, yeah?
38
00:01:18,480 --> 00:01:20,519
- Sure. I'll come back later.
- OK.
39
00:01:20,520 --> 00:01:21,600
'Nanotecture'.
40
00:01:22,680 --> 00:01:24,560
- I'll send you a link.
- OK.
41
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What is it?
42
00:01:26,600 --> 00:01:28,039
I found it when I was cleaning out
43
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the storage bin downstairs.
44
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"On the occasion of the launch
of the East West Link tunnel."
45
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That never got built.
46
00:01:34,120 --> 00:01:36,079
- Oh, collectors' item.
- I think the bin.
47
00:01:36,080 --> 00:01:37,999
- A bit of a waste.
- So was the tunnel.
48
00:01:38,000 --> 00:01:39,239
- Should I show it to Tony?
- I wouldn't.
49
00:01:39,240 --> 00:01:41,239
That was Rhonda. Are you
free for a meeting tomorrow?
50
00:01:41,240 --> 00:01:42,439
About?
51
00:01:42,440 --> 00:01:45,079
Something to do with the
general's interim report.
52
00:01:45,080 --> 00:01:46,399
The Intergenerational Report?
53
00:01:46,400 --> 00:01:47,799
Could be.
54
00:01:47,800 --> 00:01:49,400
Shit, I still haven't read it.
55
00:01:50,760 --> 00:01:52,239
- Ash.
- Mm?
56
00:01:52,240 --> 00:01:53,759
Have you read the
Intergenerational Report?
57
00:01:53,760 --> 00:01:55,159
Working my way through.
58
00:01:55,160 --> 00:01:56,799
It's still in the plastic.
59
00:01:56,800 --> 00:01:57,880
I finished the cover.
60
00:01:59,920 --> 00:02:01,439
Here you go, and here's your change.
61
00:02:01,440 --> 00:02:03,239
Ah, you're a star. Scotty?!
62
00:02:03,240 --> 00:02:05,039
- Oh, and these are for you.
- Beauty.
63
00:02:05,040 --> 00:02:06,399
Lunch, in or out today?
64
00:02:06,400 --> 00:02:07,999
- In, I think. Maybe just a...
- Salad wrap?
65
00:02:08,000 --> 00:02:09,039
Oh, perfect.
66
00:02:09,040 --> 00:02:10,559
Oh, is it OK if I leave
a bit early tonight?
67
00:02:10,560 --> 00:02:12,759
- We've got the netball final.
- Oh, sure.
68
00:02:12,760 --> 00:02:14,559
- Who are you playing?
- Ethics and Governance.
69
00:02:14,560 --> 00:02:16,039
- Did they beat Accounts?
- 10 points!
70
00:02:16,040 --> 00:02:17,040
And who did you guys beat to...
71
00:02:17,041 --> 00:02:18,479
Oh yeah, we've got to jump on something.
72
00:02:18,480 --> 00:02:19,559
- HR.
- Good luck!
73
00:02:19,560 --> 00:02:22,119
Hey, um, Tasman Port lease,
did we have much to do with it?
74
00:02:22,120 --> 00:02:23,120
Just regulatory oversight.
75
00:02:23,121 --> 00:02:25,119
The owners want to make
a few tweaks to the deal.
76
00:02:25,120 --> 00:02:26,999
- And I've got to sign off on it.
- Want a pen?
77
00:02:27,000 --> 00:02:28,959
No, no, no. I'm struggling
to make sense of the changes.
78
00:02:28,960 --> 00:02:30,359
You wouldn't be able to do me
79
00:02:30,360 --> 00:02:32,079
a mud map of the ownership
structure, would you?
80
00:02:32,080 --> 00:02:33,119
- Yeah, sure.
- Great.
81
00:02:33,120 --> 00:02:34,479
Just back of the envelope sort of thing.
82
00:02:34,480 --> 00:02:35,839
- Yeah, I'll get onto it.
- Great.
83
00:02:35,840 --> 00:02:37,079
Got an envelope?
84
00:02:37,080 --> 00:02:38,879
But Australia is growing rapidly.
85
00:02:38,880 --> 00:02:40,639
That's why every five years,
86
00:02:40,640 --> 00:02:43,639
we commission the
Intergenerational Report.
87
00:02:43,640 --> 00:02:47,399
It's a snapshot of how our nation
will look a few decades from now.
88
00:02:47,400 --> 00:02:50,879
Population, life
expectancy, jobs, spending.
89
00:02:50,880 --> 00:02:53,839
The Australian Government's
Intergenerational Report,
90
00:02:53,840 --> 00:02:55,719
a blueprint for our future.
91
00:02:55,720 --> 00:02:58,839
Thank you, Brian. That was our last ad.
92
00:02:58,840 --> 00:03:01,119
- I don't remember seeing it.
- No-one remembers seeing it.
93
00:03:01,120 --> 00:03:03,479
Zero recall, zero public engagement.
94
00:03:03,480 --> 00:03:05,479
I just don't think the
Intergenerational Report
95
00:03:05,480 --> 00:03:06,519
is a big deal for people.
96
00:03:06,520 --> 00:03:07,679
That needs to change.
97
00:03:07,680 --> 00:03:09,999
We've got this compelling new
report, a blueprint for the future.
98
00:03:10,000 --> 00:03:12,159
We need to make people
sit up and take notice.
99
00:03:12,160 --> 00:03:13,160
Maybe it's the ad.
100
00:03:13,161 --> 00:03:15,559
If you play it again, you'll notice
it's a bit vague and you know...
101
00:03:15,560 --> 00:03:17,959
No, no, Brian. Stop. Thank you.
102
00:03:17,960 --> 00:03:19,559
I just don't think the
ad really says anything.
103
00:03:19,560 --> 00:03:21,119
Then we need a fresh angle.
104
00:03:21,120 --> 00:03:23,079
How do we get people
interested in something?
105
00:03:23,080 --> 00:03:24,080
Cash giveaways.
106
00:03:24,081 --> 00:03:25,599
If you're not going to
take this seriously...
107
00:03:25,600 --> 00:03:26,879
We could try using influencers.
108
00:03:26,880 --> 00:03:27,919
- What?
- Go on.
109
00:03:27,920 --> 00:03:30,679
People with large online
followings, you pay them to post,
110
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#IGR.
111
00:03:32,400 --> 00:03:34,959
- Interesting. For example?
- Someone like Gigi Hadid.
112
00:03:34,960 --> 00:03:37,579
- Who?
- Um, Instagram model from California.
113
00:03:37,585 --> 00:03:39,479
Or someone else.
114
00:03:39,480 --> 00:03:40,679
- Adriana Lima.
- Who is...?
115
00:03:40,680 --> 00:03:42,119
Instagram model from Brazil.
116
00:03:42,120 --> 00:03:43,439
Someone with clothes on.
117
00:03:43,440 --> 00:03:44,999
- It's not a bad idea.
- What?!
118
00:03:45,000 --> 00:03:48,399
An influencer, a kind of
ambassador for the IGR.
119
00:03:48,400 --> 00:03:50,119
- Like a spokesperson?
- A human face.
120
00:03:50,120 --> 00:03:51,359
Ooh, what about her?
121
00:03:51,360 --> 00:03:52,559
She said face.
122
00:03:52,560 --> 00:03:53,760
Thank you, Ash.
123
00:04:08,320 --> 00:04:10,279
- Morning.
- Morning.
124
00:04:10,280 --> 00:04:11,599
I'll need to get you to sign in.
125
00:04:11,600 --> 00:04:13,199
Yeah, is Courtney not coming in today?
126
00:04:13,200 --> 00:04:15,399
All I know is I got a call
from the temp agency last night.
127
00:04:15,400 --> 00:04:17,159
- Just sign there.
- Yep, that's Tony Woodford.
128
00:04:17,160 --> 00:04:19,119
I'm actually the CEO of the...
129
00:04:19,120 --> 00:04:21,440
NBA, how may I direct your call?
130
00:04:22,960 --> 00:04:25,759
What was...? What name was that?
131
00:04:25,760 --> 00:04:27,879
Spell it for me, please.
132
00:04:27,880 --> 00:04:29,119
I just spoke to Courtney.
133
00:04:29,120 --> 00:04:31,399
- It's her ulterior cruciate.
- Anterior.
134
00:04:31,400 --> 00:04:34,319
No. The other one. The goal
defence from Ethics and Governance
135
00:04:34,320 --> 00:04:36,359
- kicked her from behind.
- How long is she gonna be away?
136
00:04:36,360 --> 00:04:37,519
She's getting a scan today.
137
00:04:37,520 --> 00:04:39,279
But it's OK, we've got Eileen covering.
138
00:04:39,280 --> 00:04:41,919
Yeah, but Courtney used to get me
my coffees and my lunches and...
139
00:04:41,920 --> 00:04:43,399
- Well, Eileen can do that.
- Yeah...
140
00:04:43,400 --> 00:04:45,759
Oh! Good news. The stat dec you
signed for my parents' fine...
141
00:04:45,760 --> 00:04:46,760
Yep.
142
00:04:46,761 --> 00:04:49,359
It's being assessed and I'll
be contacted shortly by someone
143
00:04:49,360 --> 00:04:50,879
from their fine defaults department.
144
00:04:50,880 --> 00:04:51,880
- Great.
- So...
145
00:04:51,881 --> 00:04:54,039
Tony, thought you
might like one of these.
146
00:04:54,040 --> 00:04:57,239
- What have you got there, Brian?
- CRRDA.
147
00:04:57,240 --> 00:04:59,799
Some sort of freight
link in Perth. Never worn.
148
00:04:59,800 --> 00:05:01,679
- Yeah, never built.
- Too good to throw away.
149
00:05:01,680 --> 00:05:03,799
- Not for me.
- I'll see if anyone else wants one.
150
00:05:03,800 --> 00:05:05,039
Sure. Yeah.
151
00:05:05,040 --> 00:05:06,199
- Morning.
- Morning.
152
00:05:06,200 --> 00:05:07,799
- Who's that at reception?
- Eileen.
153
00:05:07,800 --> 00:05:10,519
- Did I do something wrong?
- No. I think it's a temp thing.
154
00:05:10,520 --> 00:05:12,399
- Shit, can you give that back to her?
- Yeah, I'd do that.
155
00:05:12,400 --> 00:05:14,399
- Did you get my nanotecture link?
- I haven't looked at it yet.
156
00:05:14,400 --> 00:05:15,559
Yeah, it's getting some buzz.
157
00:05:15,560 --> 00:05:16,719
Anyway, you wanted to see me.
158
00:05:16,720 --> 00:05:18,639
Yeah, I've been going
through the Tasman Port lease.
159
00:05:18,640 --> 00:05:19,759
Oh, I'll grab you that pen back.
160
00:05:19,760 --> 00:05:21,839
- A couple of things don't add up.
- It's complex stuff.
161
00:05:21,840 --> 00:05:24,199
Can't work out the proposed
ownership structure.
162
00:05:24,200 --> 00:05:26,359
Oh, it'll be some
accounting technicality.
163
00:05:26,360 --> 00:05:28,279
But why would you have
three different entities
164
00:05:28,280 --> 00:05:30,199
domiciled in three separate countries?
165
00:05:30,200 --> 00:05:33,119
Modern finance for you. Canadian
super funds, Aussie banks.
166
00:05:33,120 --> 00:05:34,199
One's in Honduras.
167
00:05:34,200 --> 00:05:35,679
Globalisation.
168
00:05:35,680 --> 00:05:38,039
- Unless it's purely a holding vehicle.
- Who knows? Ha.
169
00:05:38,040 --> 00:05:39,599
Anyway, why don't you
give it the old squiggle
170
00:05:39,600 --> 00:05:41,439
and we'll get this
thing off your desk, eh?
171
00:05:41,440 --> 00:05:43,159
- I might need a bit longer.
- I can wait.
172
00:05:43,160 --> 00:05:44,679
No, I mean properly longer.
173
00:05:44,680 --> 00:05:46,760
I'll grab a cup of tea?
Come back this arvo?
174
00:05:48,320 --> 00:05:49,880
When you can.
175
00:05:50,880 --> 00:05:52,799
Did Diane send through the Q ratings?
176
00:05:52,800 --> 00:05:54,559
- Right here.
- What are Q ratings?
177
00:05:54,560 --> 00:05:56,519
All high-profile Australians
get ranked each year
178
00:05:56,520 --> 00:05:58,039
by popularity and familiarity.
179
00:05:58,040 --> 00:05:59,079
Interesting.
180
00:05:59,080 --> 00:06:01,639
So, Intergenerational Report
Ambassador. Who's number one?
181
00:06:01,640 --> 00:06:02,919
Winx.
182
00:06:02,920 --> 00:06:05,079
- I think we stick to humans.
- Plenty to choose from.
183
00:06:05,080 --> 00:06:06,719
Can it be a sportsperson?
184
00:06:06,720 --> 00:06:08,719
- They'd have to be squeaky clean.
- How squeaky?
185
00:06:08,720 --> 00:06:11,999
No scandals, criminal charges,
drugs, shared videos...
186
00:06:12,000 --> 00:06:13,119
Maybe skip sport.
187
00:06:13,120 --> 00:06:16,119
Think show business. Film. TV. Logies.
188
00:06:16,120 --> 00:06:19,759
I've got Magda? Shane Jacobson?
Maggie Beer? Scott Cam?
189
00:06:19,760 --> 00:06:23,039
I wonder whether we need someone
with professional qualifications.
190
00:06:23,040 --> 00:06:25,559
- How about...
- Are they in swimwear?
191
00:06:25,560 --> 00:06:27,399
- What do you reckon?
- Who's that?
192
00:06:27,400 --> 00:06:29,479
- Dr Chris Brown.
- The Bondi Vet.
193
00:06:29,480 --> 00:06:32,079
He's rather fetching. What do you think?
194
00:06:32,080 --> 00:06:34,959
- I'd swipe right.
- Handsome, wholesome professional...
195
00:06:34,960 --> 00:06:36,239
Massive Q score.
196
00:06:36,240 --> 00:06:38,039
..endorsing our
Intergenerational Report.
197
00:06:38,040 --> 00:06:40,160
- Do you reckon he'd do it?
- Oh, we can only ask.
198
00:06:44,200 --> 00:06:45,719
No.
199
00:06:45,720 --> 00:06:48,279
- You sure?
- The National Energy Guarantee?
200
00:06:48,280 --> 00:06:49,959
- Brian thought we might want it.
- Nobody wanted it.
201
00:06:49,960 --> 00:06:52,719
- What's going on with Brian?
- He's clearing out the storage bay,
202
00:06:52,720 --> 00:06:54,119
- de-cluttering.
- By dumping it up here?
203
00:06:54,120 --> 00:06:55,759
- That's re-cluttering.
- Maybe Nat's office?
204
00:06:55,760 --> 00:06:57,719
Maybe the skip. And
what's with the jacket?
205
00:06:57,720 --> 00:06:58,879
Don't you like it?
206
00:06:58,880 --> 00:07:00,719
But again, for a project
that didn't get up.
207
00:07:00,720 --> 00:07:03,280
- Yeah, but it's just a tiny logo.
- Yeah, I suppose.
208
00:07:05,280 --> 00:07:06,799
- Hmm?
- Oh, Eileen.
209
00:07:06,800 --> 00:07:08,839
- You wanted to see me.
- Yes.
210
00:07:08,840 --> 00:07:11,639
- Any chance of that coffee?
- Now?
211
00:07:11,640 --> 00:07:13,079
Well, now-ish.
212
00:07:13,080 --> 00:07:14,639
Well, I've got all the
mail to get through.
213
00:07:14,640 --> 00:07:16,399
Yeah, but I mean after
that, would you be able...?
214
00:07:16,400 --> 00:07:17,719
You know what?
215
00:07:17,720 --> 00:07:19,159
It's a beautiful
morning, I need a walk...
216
00:07:19,160 --> 00:07:22,759
- NBA, how may I direct your call?
- OK. I'll go and get it my...
217
00:07:22,760 --> 00:07:25,159
Katie? What's going on the pod?
218
00:07:25,160 --> 00:07:28,399
It's Scotty. Something about
the back of an envelope.
219
00:07:28,400 --> 00:07:29,840
What?
220
00:07:31,360 --> 00:07:32,999
Scotty.
221
00:07:33,000 --> 00:07:34,999
Sorry, Tony, it's taking a
bit longer than I thought.
222
00:07:35,000 --> 00:07:36,199
Is this the port lease?
223
00:07:36,200 --> 00:07:37,799
I'm still trying to make
sense of who owns what.
224
00:07:37,800 --> 00:07:40,199
What I really wanted you to
give me was, like, a snapshot,
225
00:07:40,200 --> 00:07:44,359
like an overview, a sort
of a 30,000-foot view.
226
00:07:44,360 --> 00:07:45,959
I'm close.
227
00:07:45,960 --> 00:07:47,720
I might need a bigger envelope.
228
00:07:49,840 --> 00:07:51,879
Did you get that text from Rhonda?
229
00:07:51,880 --> 00:07:53,239
No, I'm flat out.
230
00:07:53,240 --> 00:07:54,679
That's a swimwear model.
231
00:07:54,680 --> 00:07:57,839
- Shit, sorry. Chris Brown said yes.
- Really? Great!
232
00:07:57,840 --> 00:07:59,359
Just heard from his agent.
233
00:07:59,360 --> 00:08:01,679
Apparently, he's got a keen
interest in public policy.
234
00:08:01,680 --> 00:08:03,839
- The Bondi Vet?
- He's going to drop in tomorrow.
235
00:08:03,840 --> 00:08:07,279
So, after that write-down, the
Australian-based holding company
236
00:08:07,280 --> 00:08:11,119
split its operations and shifted
this part of the business offshore
237
00:08:11,120 --> 00:08:12,239
to here.
238
00:08:12,240 --> 00:08:13,919
- So where am I now?
- Cayman Islands.
239
00:08:13,920 --> 00:08:16,359
- What happened to Bermuda?
- Turns out that's just a subsidiary.
240
00:08:16,360 --> 00:08:18,639
They don't appear to have
any actual operations there.
241
00:08:18,640 --> 00:08:20,639
- Eileen.
- Is that all you'll be needing?
242
00:08:20,640 --> 00:08:22,239
Oh, could I get a glass too?
243
00:08:22,240 --> 00:08:24,319
So, TWO glasses?
244
00:08:24,320 --> 00:08:25,600
Yep, if you... if you could.
245
00:08:27,280 --> 00:08:28,919
Could she be sent to Bermuda?
246
00:08:28,920 --> 00:08:30,959
- So income is generated here?
- Yeah.
247
00:08:30,960 --> 00:08:32,679
Although most of it's
used to pay down debt.
248
00:08:32,680 --> 00:08:34,479
- Well, where's the debt?
- Panama.
249
00:08:34,480 --> 00:08:35,719
And who pays the tax?
250
00:08:35,720 --> 00:08:37,240
What tax?
251
00:08:43,760 --> 00:08:46,439
Katie, we're expecting
Chris Brown any moment.
252
00:08:46,440 --> 00:08:47,719
Can you let me know when he arrives?
253
00:08:47,720 --> 00:08:48,999
- He's arrived.
- What?
254
00:08:49,000 --> 00:08:51,160
- Five minutes ago.
- So, where... Oh, shit!
255
00:08:53,080 --> 00:08:55,079
Did Eileen not tell you?
256
00:08:55,080 --> 00:08:57,239
Sorry, I can't see any
record of an appointment.
257
00:08:57,240 --> 00:08:59,919
- I think Rhonda organised it.
- Didn't speak to me.
258
00:08:59,920 --> 00:09:02,239
Chris! I'm so sorry,
a few crossed wires.
259
00:09:02,240 --> 00:09:03,879
Nat Russell. Thank you
so much for coming in.
260
00:09:03,880 --> 00:09:04,919
Not a problem at all.
261
00:09:04,920 --> 00:09:07,479
I'll have to issue you a temporary pass.
262
00:09:07,480 --> 00:09:08,719
- This is Eileen.
- Hey, Eileen.
263
00:09:08,720 --> 00:09:10,439
You would have seen
Dr Chris Brown on TV.
264
00:09:10,440 --> 00:09:11,879
Are you on the ABC?
265
00:09:11,880 --> 00:09:13,359
Er... no.
266
00:09:13,360 --> 00:09:15,679
Then I wouldn't have seen you.
267
00:09:15,680 --> 00:09:17,639
- Ni... nice to meet you, Eileen.
- What's that?
268
00:09:17,640 --> 00:09:19,199
- Nice to meet you.
- Hm.
269
00:09:19,200 --> 00:09:21,559
- Anyway, come on through.
- Do I need to wear this?
270
00:09:21,560 --> 00:09:22,599
- No, it's fine.
- Yes!
271
00:09:22,600 --> 00:09:24,679
And I'll need it back when you leave.
272
00:09:24,680 --> 00:09:27,719
Well, we are just over the moon, Doctor.
273
00:09:27,720 --> 00:09:28,999
Please, Chris.
274
00:09:29,000 --> 00:09:30,919
..that someone of your...
How should I put it?
275
00:09:30,920 --> 00:09:32,359
- Q score.
- ..stature
276
00:09:32,360 --> 00:09:35,399
would lend their voice to
our intergenerational report.
277
00:09:35,400 --> 00:09:36,439
I'm flattered to be asked.
278
00:09:36,440 --> 00:09:39,359
Can I just check, though, it
comes out every five years?
279
00:09:39,360 --> 00:09:41,439
Yes. It's a wonderful opportunity
280
00:09:41,440 --> 00:09:43,039
to highlight the government's agenda.
281
00:09:43,040 --> 00:09:45,559
I thought these reports were
meant to be non-political?
282
00:09:45,560 --> 00:09:48,559
- Our non-political agenda.
- And who reads it?
283
00:09:48,560 --> 00:09:50,079
- Everyone.
- OK.
284
00:09:50,080 --> 00:09:51,839
I should just clear up a
couple of questions I had.
285
00:09:51,840 --> 00:09:53,279
- I hope you don't mind.
- No.
286
00:09:53,280 --> 00:09:55,199
If we go to chapter two...
287
00:09:55,200 --> 00:09:58,200
There's something that
caught my eye there.
288
00:10:01,480 --> 00:10:03,599
- Yes?
- Is that Eileen?
289
00:10:03,600 --> 00:10:04,719
Mm.
290
00:10:04,720 --> 00:10:05,879
Eileen, it's Tony.
291
00:10:05,880 --> 00:10:07,599
From...?
292
00:10:07,600 --> 00:10:09,159
From down the corridor. The CEO.
293
00:10:09,160 --> 00:10:11,319
- I'm just wondering whether...
- Hold one second.
294
00:10:13,960 --> 00:10:15,079
Yes?
295
00:10:15,080 --> 00:10:17,759
Yeah, I was just wondering
whether a parcel came in...
296
00:10:33,280 --> 00:10:35,359
Thank you for phoning the CityLink
297
00:10:35,360 --> 00:10:36,519
- customer support line...
- Katie.
298
00:10:36,520 --> 00:10:38,559
- Sorry, Tony, I'm on hold.
- Oh.
299
00:10:38,560 --> 00:10:41,439
43 minutes.
300
00:10:41,440 --> 00:10:44,800
And don't forget from July
1st toll fees are increasing.
301
00:10:48,840 --> 00:10:50,319
Eileen, I'm expecting...
302
00:10:50,320 --> 00:10:52,919
I'm afraid he's not answering.
You'll have to call back.
303
00:10:52,920 --> 00:10:55,679
Well, I can't help you
unless you give me your name.
304
00:10:55,680 --> 00:10:57,319
Alright, do that. Yes?
305
00:10:57,320 --> 00:10:59,359
- Has something arrived for me?
- Yeah.
306
00:10:59,360 --> 00:11:00,799
Oh, no, not from Brian.
307
00:11:00,800 --> 00:11:03,959
I'm expecting some deeds to come.
Have we got the overnight mail yet?
308
00:11:03,960 --> 00:11:06,039
Not sorted, I'm flat-out
just answering phones.
309
00:11:06,040 --> 00:11:08,319
Yeah, it's just I think I
can see the package over...
310
00:11:08,320 --> 00:11:10,479
I'll let you know as soon as
I've had a chance to do it.
311
00:11:10,480 --> 00:11:12,559
That's great, Eileen, but
if we just grab that...
312
00:11:12,560 --> 00:11:14,159
I've only got two hands.
313
00:11:14,160 --> 00:11:16,639
Hello. Nation Building Authority.
314
00:11:16,640 --> 00:11:18,880
- I'll be in the pod.
- Spell it for me, please.
315
00:11:20,720 --> 00:11:22,799
- I'll give you that.
- Which one was it?
316
00:11:22,800 --> 00:11:25,959
- Wednesday.
- This one?
317
00:11:27,400 --> 00:11:28,879
Jim's here.
318
00:11:28,880 --> 00:11:31,159
Oh, great. Katie, those
original deeds have come in.
319
00:11:31,160 --> 00:11:32,439
Could you just grab the parcel?
320
00:11:32,440 --> 00:11:34,359
- From Eileen?
- Behind her desk.
321
00:11:34,360 --> 00:11:36,799
- But they're not sorted.
- But couldn't you just kind of...
322
00:11:36,800 --> 00:11:38,679
- I'm scared.
- Please.
323
00:11:40,600 --> 00:11:42,359
- Morning.
- Morning.
324
00:11:42,360 --> 00:11:44,079
- Does that temp speak to you?
- Sort of.
325
00:11:44,080 --> 00:11:45,519
- 'Cause I'm getting nothing.
- Grab a seat.
326
00:11:45,520 --> 00:11:47,519
Looks interesting. Micro structure.
327
00:11:47,520 --> 00:11:48,879
It's the port lease.
328
00:11:48,880 --> 00:11:50,119
Oh, are you still on that?
329
00:11:50,120 --> 00:11:51,719
Take a look at that ownership structure.
330
00:11:51,720 --> 00:11:53,199
It's full of trusts, blind trusts.
331
00:11:53,200 --> 00:11:54,239
Shelf companies.
332
00:11:54,240 --> 00:11:56,039
Most of which appear to
be based in the Caribbean.
333
00:11:56,040 --> 00:11:58,959
Actually, the registered postal
address is in the Guernsey Islands.
334
00:11:58,960 --> 00:12:00,799
My mistake. The
Caribbean is a subsidiary.
335
00:12:00,800 --> 00:12:02,119
So what's the problem?
336
00:12:02,120 --> 00:12:03,639
They don't appear to be making a profit.
337
00:12:03,640 --> 00:12:04,839
Sounds like they're doing it tough.
338
00:12:04,840 --> 00:12:06,599
- No.
- Best we get off their back.
339
00:12:06,600 --> 00:12:09,399
Jim, look at the board.
$5.2 billion in revenue.
340
00:12:09,400 --> 00:12:11,519
Tax paid, zero. What does that tell you?
341
00:12:11,520 --> 00:12:13,039
Ports are a tough game?
342
00:12:13,040 --> 00:12:14,239
There you go.
343
00:12:14,240 --> 00:12:15,439
I think we should refer it to ASIC.
344
00:12:15,440 --> 00:12:16,839
Oh, slippery slope.
345
00:12:16,840 --> 00:12:17,879
That could be illegal.
346
00:12:17,880 --> 00:12:19,479
Can of worms. Pandora's Box.
347
00:12:19,480 --> 00:12:21,079
- You finished?
- Hornet's nest.
348
00:12:21,080 --> 00:12:22,719
I think we need to get
a proper legal opinion.
349
00:12:22,720 --> 00:12:24,799
How about I give them a
call, rap over the knuckles?
350
00:12:24,800 --> 00:12:26,759
- A legal opinion.
- You're poking the bear.
351
00:12:26,760 --> 00:12:28,079
I don't care.
352
00:12:28,080 --> 00:12:29,439
Alright, leave it with me.
353
00:12:29,440 --> 00:12:30,759
Thank you.
354
00:12:30,760 --> 00:12:32,720
Might go the back way.
355
00:12:36,800 --> 00:12:39,119
Look, sorry that took a
bit longer than I hoped.
356
00:12:39,120 --> 00:12:40,159
Not at all.
357
00:12:40,160 --> 00:12:42,239
I mean, we should have been a
little clearer with the answers.
358
00:12:42,240 --> 00:12:43,279
Sure.
359
00:12:43,280 --> 00:12:44,639
Unless there's any other questions...
360
00:12:44,640 --> 00:12:46,719
Is it true that dogs
can't eat chocolate?
361
00:12:46,720 --> 00:12:48,279
- We'd better let you go.
- Sure.
362
00:12:48,280 --> 00:12:49,879
Guess I've got a bit of homework to do.
363
00:12:49,880 --> 00:12:51,639
Any other questions, don't you hesitate.
364
00:12:51,640 --> 00:12:52,880
- Morning.
- No worries at all.
365
00:12:54,120 --> 00:12:55,440
Bye.
366
00:12:58,160 --> 00:12:59,919
OK, we've really got to read this thing.
367
00:12:59,920 --> 00:13:01,159
I'll take chapters one to three.
368
00:13:01,160 --> 00:13:02,160
I've got four to six.
369
00:13:02,161 --> 00:13:03,319
- You do seven to nine?
- Sure.
370
00:13:03,320 --> 00:13:04,719
OK, and I'll read the rest.
371
00:13:04,720 --> 00:13:06,119
How many...
372
00:13:06,120 --> 00:13:07,439
Sorry. I think Eileen wanted this back.
373
00:13:07,440 --> 00:13:08,839
Oh, thank you.
374
00:13:08,840 --> 00:13:10,239
- Thanks.
- Thanks. OK.
375
00:13:10,240 --> 00:13:11,640
- See you.
- Bye!
376
00:13:13,880 --> 00:13:15,120
OK, read it now. Go.
377
00:13:19,360 --> 00:13:20,759
- Tony?
- Mm?
378
00:13:20,760 --> 00:13:22,959
- That lawyer is here.
- Jeez, that was quick!
379
00:13:22,960 --> 00:13:25,079
Jim said you wanted legal guidance.
380
00:13:25,080 --> 00:13:26,639
No, I wanted a legal opinion.
381
00:13:26,640 --> 00:13:28,319
- What's his name?
- Bruce.
382
00:13:28,320 --> 00:13:30,079
- Surname?
- QC.
383
00:13:30,080 --> 00:13:31,399
Oh, sorry, Dennis.
384
00:13:31,400 --> 00:13:32,639
- Bruce Dennis QC.
- Right.
385
00:13:32,640 --> 00:13:34,479
Jim says he's a real attack dog.
386
00:13:34,480 --> 00:13:36,159
Well, at least we're getting serious.
387
00:13:36,160 --> 00:13:38,039
Do you think I could
ask him about that fine?
388
00:13:38,040 --> 00:13:40,479
'Cause they're now saying
we could be liable for costs.
389
00:13:40,480 --> 00:13:41,999
I'm not sure that's quite his field.
390
00:13:42,000 --> 00:13:43,399
- Maybe later?
- Sure.
391
00:13:43,400 --> 00:13:45,119
- Would you like some waters?
- That'd be great.
392
00:13:45,120 --> 00:13:46,399
I'll get Eileen to get some.
393
00:13:46,400 --> 00:13:48,279
Actually, I'm happy to dehydrate.
394
00:13:48,280 --> 00:13:50,119
- I think you're right.
- It's a tax vehicle.
395
00:13:50,120 --> 00:13:51,959
- Prima facie.
- I knew it.
396
00:13:51,960 --> 00:13:53,759
- I thought I was going mad.
- You're not.
397
00:13:53,760 --> 00:13:55,479
This structure was clearly
set up to shift profits,
398
00:13:55,480 --> 00:13:56,959
avoid tax liability.
399
00:13:56,960 --> 00:13:58,039
So, what's the next step?
400
00:13:58,040 --> 00:13:59,799
Well, I think we need
to get on the front foot.
401
00:13:59,800 --> 00:14:01,439
- Great!
- Get them in.
402
00:14:01,440 --> 00:14:03,319
- To do what?
- Try and sort something out.
403
00:14:03,320 --> 00:14:04,919
I thought you said it was illegal.
404
00:14:04,920 --> 00:14:06,759
Hasn't Jim already given
them a rap over the knuckles?
405
00:14:06,760 --> 00:14:08,479
Yeah, they won't be doing
this again in a hurry.
406
00:14:08,480 --> 00:14:11,039
What's stopping them? Shouldn't
we alert the regulator, ASIC, ATO?
407
00:14:11,040 --> 00:14:13,199
Make no mistake, I intend to be stern,
408
00:14:13,200 --> 00:14:15,799
but I think we need
to proceed cautiously.
409
00:14:15,800 --> 00:14:17,559
Why do we need to proceed cautiously?
410
00:14:17,560 --> 00:14:18,839
Well, what if this is an isolated case?
411
00:14:18,840 --> 00:14:19,879
Honest mistake?
412
00:14:19,880 --> 00:14:22,639
They've had the highest-paid tax QC
in the country on retainer for years.
413
00:14:22,640 --> 00:14:24,079
And he's let them down.
414
00:14:24,080 --> 00:14:25,359
Was it his honest mistake?
415
00:14:25,360 --> 00:14:27,119
- Anyway. Let me make some calls.
- OK.
416
00:14:27,120 --> 00:14:29,999
They are not going to be friendly calls.
417
00:14:30,000 --> 00:14:31,319
So...
418
00:14:31,320 --> 00:14:32,320
An isolated case.
419
00:14:32,321 --> 00:14:33,519
That's a relief.
420
00:14:33,520 --> 00:14:34,879
No, it's not.
421
00:14:34,880 --> 00:14:36,559
Actually, can you go back
through all the leases
422
00:14:36,560 --> 00:14:38,679
that have had anything to do
with that over the last two years
423
00:14:38,680 --> 00:14:41,399
and search for terms
like 'debt structure',
424
00:14:41,400 --> 00:14:42,799
'redomiciled entity'?
425
00:14:42,800 --> 00:14:45,319
- 'Pandora's Box'.
- What?
426
00:14:45,320 --> 00:14:46,839
Nat, Eileen is taking lunch orders.
427
00:14:46,840 --> 00:14:49,359
Oh, great. Where are you going?
428
00:14:49,360 --> 00:14:50,719
- The sushi place.
- OK, can I get a salad?
429
00:14:50,720 --> 00:14:52,039
They don't do salads.
430
00:14:52,040 --> 00:14:53,040
No, I meant from the salad bar.
431
00:14:53,041 --> 00:14:54,839
I'm just doing sushi today.
432
00:14:54,840 --> 00:14:55,879
Sure.
433
00:14:55,880 --> 00:14:56,999
Sushi would be great.
434
00:14:57,000 --> 00:14:59,439
Sushi for the girl with the long hair.
435
00:14:59,440 --> 00:15:01,439
- You don't eat sushi.
- I do now.
436
00:15:01,440 --> 00:15:04,559
Nat, I got Chris on the line.
437
00:15:04,560 --> 00:15:05,879
It's a FaceTime call.
438
00:15:05,880 --> 00:15:07,319
Hi, Chris.
439
00:15:07,320 --> 00:15:09,479
Hey, guys, I just wondering if I
could ask a couple of questions.
440
00:15:09,480 --> 00:15:11,039
Sure.
441
00:15:11,040 --> 00:15:13,039
- You got a report handy?
- Of course.
442
00:15:13,040 --> 00:15:14,879
What chapter is this, by the way?
443
00:15:14,880 --> 00:15:16,799
- Two.
- Yep.
444
00:15:16,800 --> 00:15:19,799
Yeah, we talk about the three
key drivers of economic growth
445
00:15:19,800 --> 00:15:22,279
being population, dissipation...
446
00:15:22,280 --> 00:15:23,959
..and productivity.
447
00:15:23,960 --> 00:15:25,679
Sorry, can you say that last one again?
448
00:15:25,680 --> 00:15:27,639
- Productivity.
- Yep.
449
00:15:27,640 --> 00:15:29,400
Can you explain how they interact?
450
00:15:30,440 --> 00:15:31,879
Sure.
451
00:15:31,880 --> 00:15:34,799
Although it's a little hard
to explain over the phone.
452
00:15:34,800 --> 00:15:36,199
Why don't I email you?
453
00:15:36,200 --> 00:15:38,120
Uh, why don't I pop back in?
454
00:15:39,480 --> 00:15:40,840
Even better.
455
00:15:42,800 --> 00:15:45,079
Tony! Is something wrong with the lifts?
456
00:15:45,080 --> 00:15:46,879
Oh, no, just thought
I'd get in a few steps.
457
00:15:46,880 --> 00:15:48,399
- Are you avoiding Eileen?
- Yeah.
458
00:15:48,400 --> 00:15:50,759
- Me too.
- Any word from Courtney?
459
00:15:50,760 --> 00:15:52,039
Her doctor said two weeks.
460
00:15:52,040 --> 00:15:53,439
- I might give him a call.
- No!
461
00:15:53,440 --> 00:15:55,359
- Just to get a second opinion.
- Tony...
462
00:15:55,360 --> 00:15:57,639
Seriously, a moon boot and a
cushion, we could sit her out there...
463
00:15:57,640 --> 00:15:59,319
- Jim's here at four.
- Good, great.
464
00:15:59,320 --> 00:16:00,919
Oh, and I spoke to your QC.
465
00:16:00,920 --> 00:16:02,319
- Oh, yeah?
- About the fine.
466
00:16:02,320 --> 00:16:03,439
- Yeah.
- It's no good.
467
00:16:03,440 --> 00:16:04,599
"Ignorance is no excuse.
468
00:16:04,600 --> 00:16:06,079
"They didn't pay on time.
469
00:16:06,080 --> 00:16:07,199
"The law's the law."
470
00:16:07,200 --> 00:16:08,599
Seems a little tough, doesn't it?
471
00:16:08,600 --> 00:16:09,679
Not now, Brian.
472
00:16:09,680 --> 00:16:11,599
I thought the kitchen.
A bit of decoration.
473
00:16:11,600 --> 00:16:13,119
Yep, sure, great.
474
00:16:13,120 --> 00:16:15,279
- Scotty?
- Coming.
475
00:16:15,280 --> 00:16:16,959
Thank you so much for making the time.
476
00:16:16,960 --> 00:16:17,999
It's not a problem.
477
00:16:18,000 --> 00:16:20,359
It's the perfect opportunity
to discuss wardrobe.
478
00:16:20,360 --> 00:16:21,519
Let's see what we've got.
479
00:16:21,520 --> 00:16:23,279
What do you think about that?
480
00:16:23,280 --> 00:16:25,039
No, I don't really... No.
481
00:16:25,040 --> 00:16:26,040
Too much?
482
00:16:26,041 --> 00:16:27,879
- No.
- Too much, it's too much.
483
00:16:27,880 --> 00:16:30,119
- Where did that come from?
- No. Not that.
484
00:16:30,120 --> 00:16:33,079
Look, do we just go tailored
suit, open-necked shirt?
485
00:16:33,080 --> 00:16:34,080
I think so.
486
00:16:34,081 --> 00:16:36,079
We don't have to decide
today. There's plenty of time.
487
00:16:36,080 --> 00:16:37,999
Speaking of which, I did
want to talk about the script.
488
00:16:38,000 --> 00:16:39,159
Sure.
489
00:16:39,160 --> 00:16:40,160
Um...
490
00:16:40,161 --> 00:16:42,159
Yeah, so, "Hi, I'm Dr Chris Brown
491
00:16:42,160 --> 00:16:43,720
"and I've been thinking
about the future."
492
00:16:45,080 --> 00:16:46,119
Dolly shot.
493
00:16:46,120 --> 00:16:47,879
Sorry.
494
00:16:47,880 --> 00:16:50,359
And we're getting ready to... Uh...
495
00:16:50,360 --> 00:16:51,360
Here's the bit.
496
00:16:51,361 --> 00:16:53,679
"By the end of this decade,
Australia's population
497
00:16:53,680 --> 00:16:55,159
"will reach 30 million."
498
00:16:55,160 --> 00:16:56,319
Right.
499
00:16:56,320 --> 00:16:59,719
But if you read the report, the
section on population growth...
500
00:16:59,720 --> 00:17:01,159
- What chapter is that?
- Three.
501
00:17:01,160 --> 00:17:02,439
That's me.
502
00:17:02,440 --> 00:17:05,959
It says, "Australia's population
growth rate will be 1.7%."
503
00:17:05,960 --> 00:17:07,919
However...
504
00:17:07,920 --> 00:17:10,559
..if you go on to the
section on economic growth...
505
00:17:10,560 --> 00:17:11,599
Chapter?
506
00:17:11,600 --> 00:17:12,679
- 12.
- Me.
507
00:17:12,680 --> 00:17:15,639
..it factors in a population
figure of just 28 million.
508
00:17:15,640 --> 00:17:17,439
Um, I guess it's a range.
509
00:17:17,440 --> 00:17:19,959
Definitely within the 28 to 30 band.
510
00:17:19,960 --> 00:17:22,479
It's funny you should say that
'cause I've also seen 26 million.
511
00:17:22,480 --> 00:17:25,080
- Where did you get that figure?
- Uh... in your previous report.
512
00:17:26,800 --> 00:17:29,240
Do you know what? I'm thinking the blue.
513
00:17:31,600 --> 00:17:33,239
- So?
- You were right.
514
00:17:33,240 --> 00:17:35,919
I reckon there's at least a dozen
other firms using these vehicles.
515
00:17:35,920 --> 00:17:37,319
I knew it! Isolated case my arse!
516
00:17:37,320 --> 00:17:38,999
They've all changed ownership structure
517
00:17:39,000 --> 00:17:40,599
and shifted their headquarters overseas.
518
00:17:40,600 --> 00:17:41,879
All?
519
00:17:41,880 --> 00:17:44,039
Well, there's one company with
a registered office in Perth.
520
00:17:44,040 --> 00:17:45,559
But when you call,
they answer in Spanish.
521
00:17:45,560 --> 00:17:47,639
Can you email all that
to me? And cc everyone.
522
00:17:47,640 --> 00:17:49,999
Jim, our QC, the minister, ASIC.
523
00:17:50,000 --> 00:17:51,959
- Subject heading...
- "Isolated case"?
524
00:17:51,960 --> 00:17:53,759
- "Systemic tax rort".
- Ooh!
525
00:17:53,760 --> 00:17:55,119
How do you spell 'systemic'?
526
00:17:55,120 --> 00:17:57,119
- After you, Doctor.
- Thank you. Yeah, so...
527
00:17:57,120 --> 00:17:59,119
- Pass! Pass!
- Sorry.
528
00:17:59,120 --> 00:18:02,999
Alright. I will send you
some more wardrobe options.
529
00:18:03,000 --> 00:18:05,079
- That would be great. Alright.
- Bye-bye.
530
00:18:05,080 --> 00:18:06,279
- Well, thank you.
- Thank you.
531
00:18:06,280 --> 00:18:08,679
- We're getting there.
- Yep! Thanks.
532
00:18:08,680 --> 00:18:10,160
- See you. Take care.
- Bye!
533
00:18:11,640 --> 00:18:13,839
OK, we need four copies
of the previous report.
534
00:18:13,840 --> 00:18:15,999
Katie, is Jim on his way on his way?
535
00:18:16,000 --> 00:18:17,479
- On his way.
- What's that?
536
00:18:17,480 --> 00:18:19,039
Oh, Brian found it in storage.
537
00:18:19,040 --> 00:18:21,439
It's from our World Cup
bid. What do you call it?
538
00:18:21,440 --> 00:18:23,359
- Evidence?
- A countdown clock.
539
00:18:23,360 --> 00:18:26,079
- It still works!
- Set it for next century.
540
00:18:26,080 --> 00:18:28,079
- Whew! Got a moment?
- You alright?
541
00:18:28,080 --> 00:18:29,639
Oh, just doing some stairs.
542
00:18:29,640 --> 00:18:31,599
- Mrs Doubtfire still here?
- Yeah.
543
00:18:31,600 --> 00:18:32,999
This is getting serious.
544
00:18:33,000 --> 00:18:35,319
That email you sent, it sure
set the cat amongst the pigeons.
545
00:18:35,320 --> 00:18:36,479
Good.
546
00:18:36,480 --> 00:18:37,799
Bruce has been fielding calls all day.
547
00:18:37,800 --> 00:18:39,319
Big boys at the ATO are horrified.
548
00:18:39,320 --> 00:18:41,079
- ASIC can't believe what's going on.
- And?
549
00:18:41,080 --> 00:18:43,439
Well, he reckons we should
definitely haul them all in
550
00:18:43,440 --> 00:18:44,719
and see if we can't sort this mess out.
551
00:18:44,720 --> 00:18:46,159
Well, it's the right thing to do.
552
00:18:46,160 --> 00:18:47,839
- It's not going to be pretty.
- Good.
553
00:18:47,840 --> 00:18:50,439
- Still not happy about this.
- No, I'm sure.
554
00:18:50,440 --> 00:18:52,880
- Pfft! One vote!
- Yep.
555
00:18:58,080 --> 00:19:01,079
I've just been told Chris
rang the PM's Office.
556
00:19:01,080 --> 00:19:02,559
He wants some updated figures.
557
00:19:02,560 --> 00:19:04,839
Does he not understand
how an endorsement works?
558
00:19:04,840 --> 00:19:07,039
You turn up, point to the product,
say the lines you're given.
559
00:19:07,040 --> 00:19:09,279
It's just he's very particular
about what he puts his name to.
560
00:19:09,280 --> 00:19:10,319
He's done ads for pet food.
561
00:19:10,320 --> 00:19:11,479
Did he mention the preface?
562
00:19:11,480 --> 00:19:13,599
- The what?
- He wants to write his own preface.
563
00:19:13,600 --> 00:19:16,119
Sweetheart, the prime minister
doesn't write his own preface.
564
00:19:16,120 --> 00:19:17,999
You need to keep your
talent under control.
565
00:19:18,000 --> 00:19:19,719
It was your idea to get an ambassador.
566
00:19:19,720 --> 00:19:21,239
It was your idea to get Dudley Do Right!
567
00:19:21,240 --> 00:19:22,760
Now fix it!
568
00:19:38,040 --> 00:19:39,719
- That side is their lawyers.
- And there?
569
00:19:39,720 --> 00:19:42,719
ATO corporate governance division, ASIC.
570
00:19:42,720 --> 00:19:45,159
- They're facing some big guns.
- All set?
571
00:19:45,160 --> 00:19:47,399
- Yeah. Let's go.
- I think you should wait here.
572
00:19:47,400 --> 00:19:50,039
- But I'm the one who called for...
- We need to let cooler heads prevail.
573
00:19:50,040 --> 00:19:51,119
OK.
574
00:19:51,120 --> 00:19:52,759
Jim, if you start siding with them...
575
00:19:52,760 --> 00:19:53,919
- No!
- Or saying we're all
576
00:19:53,920 --> 00:19:57,039
- in the same boat together...
- No way! Both barrels, you watch.
577
00:19:57,040 --> 00:19:58,120
Jim.
578
00:20:11,600 --> 00:20:13,759
OK, we have a construction worker. Yes.
579
00:20:13,760 --> 00:20:16,199
Where is my cutting-edge scientist?
580
00:20:16,200 --> 00:20:18,239
- He's moving his car.
- OK.
581
00:20:18,240 --> 00:20:19,679
Let's do a quick run-through.
582
00:20:19,680 --> 00:20:21,519
- Chris, darling, when you're ready...
- Sure.
583
00:20:21,520 --> 00:20:24,159
..for rehearsal. Action.
584
00:20:24,160 --> 00:20:25,599
Hi. I'm Dr Chris Brown.
585
00:20:25,600 --> 00:20:28,599
And I've been thinking
about... the future.
586
00:20:28,600 --> 00:20:30,719
- Sorry, what am I pointing at?
- It's the future.
587
00:20:30,720 --> 00:20:32,399
We'll put it in later. Keep going.
588
00:20:32,400 --> 00:20:33,559
Rehearsing. Action.
589
00:20:33,560 --> 00:20:36,279
And we're getting ready to power up.
590
00:20:36,280 --> 00:20:39,599
Because the pieces of this
year's Intergenerational Report
591
00:20:39,600 --> 00:20:43,359
are coming together and not before time.
592
00:20:43,360 --> 00:20:45,599
- Sorry, that clock's upside down.
- We'll go from the top.
593
00:20:45,600 --> 00:20:47,920
Clock man, get it the right
way round. Let's go again.
594
00:20:51,360 --> 00:20:53,559
Right, the CLEM7 tunnel?
595
00:20:53,560 --> 00:20:55,479
It went bankrupt, Brian. BaT Tunnel?
596
00:20:55,480 --> 00:20:56,959
Cancelled.
597
00:20:56,960 --> 00:20:59,599
- I've got the Canberra light rail.
- Should have been cancelled.
598
00:20:59,600 --> 00:21:01,079
What about the East West Link?
599
00:21:01,080 --> 00:21:02,839
- Never built.
- But we still had the launch.
600
00:21:02,840 --> 00:21:04,879
- Seriously, chuck them all out.
- Seems such a waste.
601
00:21:04,880 --> 00:21:06,399
- Hey.
- Jim.
602
00:21:06,400 --> 00:21:08,359
- Just called a 10-minute break.
- Why are we still talking?
603
00:21:08,360 --> 00:21:10,439
- We had to hear their defence.
- What is it?
604
00:21:10,440 --> 00:21:12,479
Any mention of prosecution
and they'll dispute everything,
605
00:21:12,480 --> 00:21:15,479
drag it through the courts for
years, cost us millions of dollars.
606
00:21:15,480 --> 00:21:16,639
That's not a defence.
607
00:21:16,640 --> 00:21:17,640
- Isn't it?
- That's a threat.
608
00:21:17,641 --> 00:21:19,319
The point is we have to
take it into consideration.
609
00:21:19,320 --> 00:21:20,839
But they accept they've broken the law.
610
00:21:20,840 --> 00:21:21,879
Let me put it this way,
611
00:21:21,880 --> 00:21:24,519
their backs are against the wall
and we've got the upper hand.
612
00:21:24,520 --> 00:21:26,279
- Shall we?
- OK.
613
00:21:26,280 --> 00:21:27,480
Yeah.
614
00:21:28,760 --> 00:21:30,479
Which way up did you
want the lightning bolt?
615
00:21:30,480 --> 00:21:32,239
It's not lightning, it's jobs growth.
616
00:21:32,240 --> 00:21:33,439
So, point it up higher.
617
00:21:33,440 --> 00:21:35,839
Yeah, but the jobs growth
figure over the next few decades
618
00:21:35,840 --> 00:21:39,999
is only about 8%, so it should
really be more like that.
619
00:21:40,000 --> 00:21:41,679
I just think it's
important we get it right.
620
00:21:41,680 --> 00:21:42,919
Of course.
621
00:21:42,920 --> 00:21:44,559
Let's go from the second page.
622
00:21:44,560 --> 00:21:47,079
Rehearsing, action.
623
00:21:47,080 --> 00:21:50,199
The Intergenerational Report is
about planning for our future,
624
00:21:50,200 --> 00:21:53,800
making sure we all get
an equal share of the pie.
625
00:21:55,560 --> 00:21:57,759
- Problem?
- The pie's not equal.
626
00:21:57,760 --> 00:21:58,839
Then don't say "equal".
627
00:21:58,840 --> 00:22:00,280
We'll go again, everyone.
628
00:22:04,640 --> 00:22:06,200
Come in.
629
00:22:08,240 --> 00:22:10,159
OK. They're prepared to concede.
630
00:22:10,160 --> 00:22:12,519
- They've rolled over.
- Well done, Tony. Credit to you.
631
00:22:12,520 --> 00:22:14,439
- A lot of red faces in there.
- And?
632
00:22:14,440 --> 00:22:17,039
And I think we've come to a
pretty acceptable arrangement.
633
00:22:17,040 --> 00:22:18,079
Namely...?
634
00:22:18,080 --> 00:22:21,199
They've agreed, subject to
formal ATO and ASIC approval,
635
00:22:21,200 --> 00:22:22,919
to restructure their
corporate arrangements
636
00:22:22,920 --> 00:22:25,159
in return for an
amnesty from prosecution.
637
00:22:25,160 --> 00:22:26,399
You proposed an amnesty?!
638
00:22:26,400 --> 00:22:28,239
- Actually, they proposed it.
- And we support it.
639
00:22:28,240 --> 00:22:29,599
- Big win.
- How's that a win?
640
00:22:29,600 --> 00:22:31,319
Well, who wants to be tied
up in court for a decade?
641
00:22:31,320 --> 00:22:32,879
- What's that going to get you?
- Justice.
642
00:22:32,880 --> 00:22:33,880
They should be prosecuted!
643
00:22:33,881 --> 00:22:36,039
- Prosecution's off the table.
- According to who?
644
00:22:36,040 --> 00:22:37,079
- Them.
- What about us?
645
00:22:37,080 --> 00:22:38,719
- Who's us?
- Taxpayers.
646
00:22:38,720 --> 00:22:40,359
- What have they got to do with it?
- I don't follow.
647
00:22:40,360 --> 00:22:41,560
In.
648
00:22:44,120 --> 00:22:46,599
- What exactly is the problem?
- It's the graph.
649
00:22:46,600 --> 00:22:47,959
- Hold it up higher.
- No.
650
00:22:47,960 --> 00:22:50,199
- Lower? Sideways? What?
- The figures are wrong.
651
00:22:50,200 --> 00:22:52,119
Foreign debt is currently
over $1 trillion.
652
00:22:52,120 --> 00:22:55,599
It should be way higher
than exports and imports.
653
00:22:55,600 --> 00:22:57,119
Any chance we can fix it?
654
00:22:57,120 --> 00:22:59,680
Yeah. I can fix it.
655
00:23:08,520 --> 00:23:10,439
I mean, at the end of the day,
we've given them an amnesty.
656
00:23:10,440 --> 00:23:11,919
- Plus the fine. 200 grand.
- Each?
657
00:23:11,920 --> 00:23:13,599
- Total.
- Corporate, not criminal.
658
00:23:13,600 --> 00:23:14,839
And they've agreed to pay it?
659
00:23:14,840 --> 00:23:15,879
It was their suggestion.
660
00:23:15,880 --> 00:23:18,239
They've also agreed to
make a public statement.
661
00:23:18,240 --> 00:23:19,599
Guilty as charged.
662
00:23:19,600 --> 00:23:22,079
This goes out on ASIC letterhead today.
663
00:23:22,080 --> 00:23:24,200
"Whilst we acknowledge
the ASIC findings...
664
00:23:25,600 --> 00:23:27,999
"..this shall not in any
way be deemed or construed
665
00:23:28,000 --> 00:23:30,719
"as an admission of
wrongdoing, liability, fault,
666
00:23:30,720 --> 00:23:33,199
"improper action or violation
of any law or regulation
667
00:23:33,200 --> 00:23:35,639
"now or any time in the future,
668
00:23:35,640 --> 00:23:38,279
"any such wrongdoing
being expressly denied."
669
00:23:38,280 --> 00:23:39,439
Big win.
670
00:23:39,440 --> 00:23:40,680
Well done, Tony.
671
00:23:50,240 --> 00:23:54,199
The Intergenerational
Report is just around the corner.
672
00:23:54,200 --> 00:23:56,199
Hi. I'm Julia Morris.
673
00:23:56,200 --> 00:23:59,079
And I've been thinking
about... the future.
674
00:23:59,080 --> 00:24:02,520
The things that matter
to us all, population...
675
00:24:04,440 --> 00:24:06,399
Treasury says it's legal tender.
676
00:24:06,400 --> 00:24:07,759
$5 billion?
677
00:24:07,760 --> 00:24:09,399
They can't remember what it was for.
678
00:24:09,400 --> 00:24:11,239
- They think it was a freeway.
- You mean we could cash that?
679
00:24:11,240 --> 00:24:12,839
Mm-hm. Shall I rip it up?
680
00:24:12,840 --> 00:24:14,160
Yes!
681
00:24:17,880 --> 00:24:19,639
- He's back.
- He never left.
682
00:24:19,640 --> 00:24:21,800
Said he wanted to
double-check some figures.
683
00:24:27,240 --> 00:24:28,559
Did you have surgery?
684
00:24:28,560 --> 00:24:30,279
No, I just have to wear
this brace for a few weeks
685
00:24:30,280 --> 00:24:31,479
and do heaps of physio.
686
00:24:31,480 --> 00:24:33,519
- Welcome back, Courtney.
- Thanks, Tony.
687
00:24:33,520 --> 00:24:36,799
Oh, Tony, Courtney won't be
able to do any pivoting, turning
688
00:24:36,800 --> 00:24:38,279
or hard cutting movements.
689
00:24:38,280 --> 00:24:39,519
- Right, but lunches?
- Sure.
690
00:24:39,520 --> 00:24:40,759
All good.
691
00:24:40,760 --> 00:24:42,439
Tony, you'll never guess.
692
00:24:42,440 --> 00:24:44,839
- My parents' CityLink fine.
- Yeah, what's the latest?
693
00:24:44,840 --> 00:24:46,879
- Someone paid it.
- Is that right?
694
00:24:46,880 --> 00:24:49,079
Anonymously.
695
00:24:49,080 --> 00:24:50,959
I wish I knew who to thank.
696
00:24:50,960 --> 00:24:53,079
- Maybe it was Eileen.
- I doubt it.
697
00:24:53,080 --> 00:24:53,564
Mm.
698
00:24:53,643 --> 00:24:58,588
- Synced & Corrected by Dragoniod -
www.addic7ed.com
53149
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