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Australian Agenda -

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(generated from captions) This is PM Agenda. It sent some powerful messages to

those on the national

political stage nonetheless.

Key players are trying to

spin the outcome in various

ways to suit their particular

messages. Tony Abbott was

fast out of the blocks this

morning when parliament

resumed sitting for a debate

over NBN bills. He was

arguing in a censure motion

he moved against the Prime

Minister that the result was

due to the Gillard

Government's plans for a

carbon tax and suggested that

the clear message was being

sent to Labor that voters

don't like it.

Now, we all know that

members opposite are in

denial. They're in denial.

What do they think caused

their defeat - well, you

know, it might have been one

or two problems that happened

in Wollongong, it might have

been one or two problems that

happened at Ken's of

Kensington. I will tell you

what has caused their destruction in New South

Wales, they have walked away

from the Australian people.

Well, the Prime Minister

denies the carbon tax had

anything to do with the New

South Wales result. She says Barry O'Farrell won because

he's a moderate and

reasonable leader. She

repeated time and again when

talking to reporters this morning, contrasting Barry O'Farrell, the New South

Wales Liberal leader, to the

Abbott. extremist, as she calls Tony

Mr O'Farrell is a reasonable man. I've always believed

that reasonable people can

sit down and work together.

I'll be happy to sit down and

work with Mr Or Farrell in a

reasonable discussion. We

will see from Mr O'Farrell is

a reasonable man, a moderate liberal. I believe Mr

O'Farrell is a reasonable

man, is a moderate Liberal. I

do not believe Mr O'Farrell

will follow Tony Abbott in

his extremism.

I think we got the message.

There are also some powerful

Independents from New South messages for the Greens and

Wales. The Greens despite

expectations have so far

failed to win any seats in

the lower house. They have

been eyeing off Marrickville

and Balmain to pick up on

voter resentment with Labor

amongst those on the left of

the spectrum unwilling to go

with the Coalition. At this

stage Labor has won Marrickville and the counting

continues in Balmain. So why

did the Greens fail to

deliver on lower house seats

as expected in New South

Wales. As for the independents, there number

has been halved in New South

Wales from 6 to 3. The focus

is particularly on losses for

independents in Tamworth and

Port Macquarie. Both seats

lie in the federal

electorates of Tony Windsor

independents who and Rob Oakeshott, the two

the Gillard Government to put controversially sided with

it back into office after the

election last year. These

swings and defeats for the

New South Wales Independents

are being blamed on a

backlash against Tony Windsor

and Rob Oakeshott. Tony

Windsor says he will not be

scared off running at the

next election. He argues that

they were state issues at

play in the seat of Tamworth.

As for Rob Oakeshott, he's

also sounding tough saying

that he won't be swayed by

this New South Wales outcome

or other pressures that he is

facing to change his position

National Broadband Network. on key issues, including the

Amendments to the NBN are

being debated in parliament

Rob Oakeshott speaking as we speak this afternoon

earlier this afternoon made

it very clear that he still

strongly supports the idea of a National Broadband Network.

Despite, including on the

weekend, many, many changed

circumstances in politics at

a state level, many changed

circumstances in this

parliament - a tight parliament where every vote

now matters so there's lots

of people now listening to

what the crossbenches do or

think - my position has not

changed. My values are

exactly the same, the issues

that I am working on are

exactly the same.

Information, communication

technology is a vital need

for improvements in regional

and rural Australia and if

it's now branded by the term

NBN, a National Broadband

Network, then bring it on.

The most powerful messages

from the New South Wales

election, however, were

clearly for the Labor Party.

The ministerial scandals, the

leadership turmoil and the

failure to deliver on basic transport services in

particular awe voters left

angry at the New South Wales

Government. Is there a more

fundamental problem with New

South Wales. Its factionalism, it's

preselection process and its

operating procedure. Our chief political reporter caught up with Bob Hawke

earlier in the day. We will

hear from Mr Hawke in just a

moment. Here was the take of

the Federal - the national

Labor President and the

Queensland premier Anna Bligh

blaming too much union

domination in New South Wales

for the result. The Australian Labor Party has a very strong relationship with the union

movement . It is what we were

built on, it is the values

that we share, looking after

working people is who we are.

That's not going to change.

But, yes, party machines have

particularly know their place to know their place and

in Government. It is not the

role of a party machine to overtake elected representatives who have a

mandate from the people who

elect them.

As for Bob Hawke, he argues

that clearly such a long time

in power, it was always going

to be difficult for the New

South Wales Government to ask

for 20 years in office but

was the carbon tax an issue.

Julia Gillard says no, the

former PM says it did have an

effect. He spoke to Kieran

Gilbert earlier.

Mr Hawke, thanks for your

time. What's your reaction to

the drubbing that New South

Wales Labor got on Saturday?

It did not come as a surprise. I suppose the only

good thing from a Labor Party

point of view that you can

say is there are some

predictions that are even

worse, that is getting only

12 seats. We have done better

than the worst predictions.

There is a lot of work to be

done. I don't think they

could get back in one term, there is a possibility they

could in two. There has to be

some serious and dedicated

work looking at how far they

shifted away from

concentrating on the people

and talked about themselves.

That was the problem. I think Kristina Keneally put it so

well as she did so often,

they didn't leave us, we left

them. What is the number one

priority in doing that.

Is it the grassroots? Their

own internal...

It is an organisational

thing and conceptual thing.

The branches are withering

away organisationally because

people are frustrated with

the way the party has been

operating in swales so they

need to build up the branch

structure. They need to

realise they have to

concentrate on the basic core values, historical core

values of Labor and advance

those values in terms of the

current needs and aspiration

of the Australian people.

What are the implications

for Federal Labor then? Not necessarily bad. You

can't say it is a tick for

Federal Labor but I think

Julia has time - two years if the parliament goes its full

term - they have time to

think about these issues but

they are somewhat separate.

The concern in New South

Wales was very much centred

about the way in which the

state apparatus, the state machine had let the state

down. I don't think that translates fully over to the federal machine.

Are there any implications,

the focus-group style of

politics?

The basic rule is you have

to concentrate on the core

Labor values and translate

those values in terms of what

are the current needs and aspirations of the Australian people. I think there has

been too much of a drift away

from that within New South

Wales particularly but I

think Julia is very conscious

of that and I hope, too, that

she will benefit from the

reVivfication of the branch

structure. That needs to be done. We have to get more

young people involved.

On the carbon price, do you

think that played a part at all?

Who can tell? I think the

answer is obviously it had to

have some effect. I can't

quantify it. I am confident -

I have been for some time -

that Julia and Federal Labor

can win this debate because I think they have right on

their side and I think

they've got - they can touch

the aspirations of young

people in particular. There

is a lot of explanation to be

done but I think dealing with

the facts it is going to beat

the fear mongering of Tony.

Do you think that a recovery

for Labor in New South Wales

is inevitable or is there some risk there that they won't recover?

No, they can recover. You

realise when you've had a

whacking, you say, "My God" I

can remember back. I go back

over 60 day years in this

part and I remember the dark

days of the '50s split in

this party. We are a resilient mob.

Meanwhile, as the recriminations begin within

Labor and the soul searching

as to what exactly went wrong

and what needs to change in

New South Wales Labor in

particular, Barry O'Farrell

and the Coalition are

enjoying the victory. The new

Premier was sworn into office

today by the governor, Marie

Bashir, along with Andrew

Stoner. The rest of the front

bench will be appointed in

coming days. Barry O'Farrell's first fight with

the Federal Government will

be over transport funding.

The Commonwealth committed at

the election to spend $2

billion on the Parramatta to

Epping rail link, a key

Gillard Government promise

during that election

campaign. Barry O'Farrell

instead wants the money spent

on the north-west and

south-west corridors, key

parts of his election plan

form. This looks like being

something that he and Julia

Gillard will have to settle.

At the moment Julia Gillard

says she is looking forward

to working with Barry O'Farrell in a reasonable way

to solve all of this and

Barry O'Farrell is hopeful of

sorting this particular issue out.

As I said yesterday when I

spoke to the Prime Minister,

I want to talk to her

face-to-face about a range of

issues, not just health and education agreements that are

on the agenda, not just

occupational health and

safety law and the upcoming

tax summit, but the

infrastructure issue here in

New South Wales and I believe

very strongly that the incoming Liberal-National

Government, in fact the state's Liberal-National Government has a mandate

because as you all know we took that decision at the

start of the campaign to

defer expenditure on the

Parramatta to Epping line to

express our preference for

building the south-west and

the north-west rollings -- rail links first and part of

the mandate we received on

Saturday night was to get on

with the job. I am happy to

sit down with the Prime

Minister and argue the case

and I still remain optimistic, despite the

comments of Mr Albanese and

what you tell me about the Prime Minister today.

My mandate's bigger than

your mandate. As New South

Wales Labor comes to terms

with this land side defeat

there's some better news for

Federal Labor in the latest opinion poll out this

afternoon. The essential poll

shows Labor still behind

federally but making some

ground against the Coalition. Peter Lewis from essential media communications is here

to tell us about it. Let's

preferred result this week. look at the two-party

Labor is still behind?

heading in the right We have 52% to 48%. They are

direction for them. There has

not been a huge change in

primary vote. This is the TTP

moving because of the changes

in votes for the minor

parties and independents this week.

You are till having Labor

behind whereas the Newspoll

last week had them jumping in

front. Does this make the

Newspoll look like a rogue.

I would not call any other

poll a rogue I would just say

ours is trending in the right direction.

Let's move on to specifics.

You have asked for a few

weeks in a row about the

carbon price issue. Do you

support or oppose the Government's recent

announcement to introduce a

carbon pricing scheme from 1

July 2012 that are require

industries to pay a tax based

on the amount of carbon

pollution they emit. What

have you found this week?

We have found a drop in

support over the previous

weeks and it's a really

interesting change. Last week

we had 38% support, 49%

opposed, the support has gone

down to 34% and the opposed

up to 51%. This is driven by

green votes. This is a flank

that Labor must be concerned

about. Green voters are

turning against them. That

would be a perception that

the tax is not going far

enough. That is a wild card being thrown into the debate

at this point in the cycle.

I should point out that the

graphic on the screen there

isn't quite related to what

we're talking about. I think

that might be an older

figure. The 34/51, the

support is dropping for a

carbon price. You have asked

about a compensation, what

form of compensation do

people prefer?

If you put a shopping list

out of the various options,

direct payment to

house-year-olds, income tax

cuts or guts to the GST, significant support for direct payments. The Government's model that is

being floated as income tax

says 39, 33 so not the best

choice as far as the majority

of people are concerned.

Finally, the idea that Tony

Abbott's been pushing that

Julia Gillard needs to seek a

mandate for all of this, call

an election to give people a

say. What have those surveyed said on this question?

No real love for that. 40%

agree with Abbott, an

election, 44 say no, 17

undecided. This is a partisan

vote, Coalition votes

obviously interested in

another go. Strong opposition

to that from Labor and Green

voters. The overall view is

they are on this course and

we'll make a judgment of it

at the right time.

Fair enough. After the break

- we'll go to our panel,

Grahame Morris and Bruce

Hawker for the wash up from

Stay with us. the New South Wales election.

Before we get to our panel

news headlines. let's check in on the latest

Newly appointed New South

Wales Premier, Barry

O'Farrell has wasted no time

in the top job today vowing

to tackle the state's

finances. Mr O'Farrell was

earlier today where he sworn in as the Premier

outlined his finance reforms.

He promised to implement a

100-day action plan and is

expected to be briefed this

afternoon on the state's

finances. The 43rd premier

also flagged plans for an

independent financial audit

that will delay the delivery

of the new Government's first

budget. Darren Lockyer has

announced he will retire from

the NRL at the end of the

season. He has played 54

tests for Australia, 33 State

of Origin matches and 336 NRL

games. If he avoids serious

injury he will break the

record for the most games

played in first grade rugby

league held by Terry lamb b.

The current Australian,

Queensland and Broncos

captain says coaching is

track. definitely an option down the

Three people have been

injured, one seriously, in a

gas blast at an inner

Melbourne shopping strip. A

gas leak sparked the

explosion at the Bamboo Room

restaurant in Collingwood

leaving one man with burns to

his face, stomach and airways

and another man with burns to his right arm. Witnesses say

they saw a man run from the

building with his head and

shirt on fire. Two men were

taken to hospital for

treatment, the third man

escaped with minor injuries.

The Libyan rebels are

claiming a landmark victory

in their fight to unseat

Colonel Gaddafi with

coalition war planes knocking

out Gaddafi's heavy armour.

The rebel forces regained

much of their original

territory and now say they

have taken the city of Sirte,

the home town stronghold of

the Libyan leader. In the

meantime, Gaddafi's regime

said it freed the young woman

yesterday claiming she was who crashed a news briefing

raped by soldiers. The Government spokesman said she

is back in her family but her

parents say they have not seen her.

There has been another scare for residents in

morning, a north-eastern Japan this

morning, a 6.5 magnitude

earthquake hit the coast

triggering a tsunami alert

for a 50 centimetre wave. The

warning was lifted soon

after. There were no reports

of damage during the jolts.

In sport - Ricky Ponting has

been given until Wednesday to

consider his future as

Australian captain but the

skipper hinted on returning

from the World Cup that he

would be prepared to play under Michael Clarke and bat

further down the order during

the team's upcoming tour of Bangladesh. Tomorrow's weather:

Welcome back. Time for our

panel discussion. Joining

Australia as they do each

Monday and seas they did on

Saturday night, Labor

strategist Bruce Hawker and

liberal consultant Grahame

Morris. Thank you for joining

us. I wanted to lack at the

wash up from the election. A

lot of soul searching,

particularly on the Labor

side as to what went wrong

and what the party now needs

to do to rebuild in New South

Wales. That is a huge task it faces. Bruce Hawker, what are

the main messages and the

main thing Labor now needs to do?

I think clearly a division

is death in politics and we

saw that clearly in the last

few years in New South Wales.

In 2007 Labor had a great

win, it's third on the trot

and we had a very small swing

against us but then things

started to go badly wrong. It

started, I think, with the

decision to privatise the

electricity assets. More risk

Iemma and Michael Costa ran

into huge flak over that at

the party conference and the

message that the public got

out of that of course is that

they are a party that is

turning in on itself. Not

long after that more risk

Iemma was removed, Nathan

Rees came in, we had more

chopping and changes over a

series of policies and series

of programs, including transport, that failed and we

were off to Kristina Keneally

who was a very effective

premier, cleaned out a are of

dead wood in the party but

far too late. In a nutshell

that is the problem. Going

forward, I think the big

challenge for Labor is to put

as much of that behind it,

recognise that that

privatisation route they were

going down with electricity

was just bad news. Unite

behind the new leader,

whoever he or she is, and

make sure they really

consolidate the resources of

opposition, because there

won't be many, and get to

work on exposing short

comings in the Government,

miscreants amongst the people

on other side of the ail and

get on with the business of

being an opposition. It is important to pick the

right leader. If unity is the

key here you have to pick the right leader to last that

four-year term in opposition.

It won't be easy. I heard

more risk Iemma saying this morning that John Robinson,

the former union boss in New

South Wales, shouldn't be

given the job. Understandable

there is tension over those

two over the electricity you

mentioned. Is he the best

person for the job? It looks

like he has the numbers to get there?

He is really good in so much

as he will be important for

reconnecting with the base

that really left Labor for

the first time in many years.

The people in south-western

Sydney and some of the

regional areas in the Hunter

and Illawarra, he has got a strong connection with the

base. Whilst I'm always one

to say you have to move to

the middle and try to attract

as many people in the middle

ground as you possibly can,

the immediate future for

Labor in New South Wales is

to be reconnecting with its

base. I think John Robertson

will be very good at doing

that if elected leader.

Grahame Morris, do you think

it is just the unity issue

about the leadership chopping

and changing and the

ministerial scandals, the

stench around Labor, that saw

this result or is there

something more fundamentally

wrong with Labor,

particularly the party

organisation in New South Wales.

The first one was 16 years,

it was clearly time for a

change. Then you had

corruption, all of the sexual

scandals and people dancing

on tables in their underwear.

Bruce has missed the big

point I think and that is

people had had enough of the

Sussex Street crowd, which is

where the head quarts -- headquarters of the Labor

Party is. It is giving Sussex

Street a bad name. It is a good street apart from the

Labor Party. It is all of

those people that were uncles

and aunts and nephews and

trade union leaders saying,

"Hey, we'll run the Labor

Party thank you. The rank and

file won't. Just talk to us,

we'll tell you what to do." I

don't think Barry O'Farrell

could have a better

Christmas, Easter and birthday present than for

John Robertson to be elected

to the Labor Party as the

leader and just prove the

point that they learnt

absolutely bugger all from

the election on Saturday night.

Why, what's wrong with him?

I just - they are saying he

is a great communicator. He

just looks like a union

leader. There are a couple of other people there, including

a couple of the women and

Michael daily and other

people, they look like very

presentable people. John

Robertson looks like the ep

pit toe my of a trade union

leader and people have just

said, "No, thank you very

much" to that style of

Government. They don't want it.

After every state election

federal leaders like to write

into the result whatever

suits them. A at the moment Tony Abbott is saying the

carbon tax was a big issue in

switching people's votes. Do

you think it was a big

factor. The issues you

listed, the ministerial

scandals, the duration of the

term, 16 years, they were the

big factors, weren't they?

They were the big factors.

Every one of the scrutineers

and the people on the polling booth, were saying the carbon

tax, particularly in some

electorates, the coal

electorates in some of the

Labor heartlands, it was an

issue . It is one of the

things that people were

nominating they were grumpy

about. Anyone who thinks it

did not add a couple of per

cent to the result is having

them selves on. This will be

a very difficult task for the

Prime Minister. Was it the

main cause of the result? Of

course it wasn't. Was it a

factor? Yes, it was. It was

in people's minds in various

parts of the state and it will be come federal election

time.

Even Bob Hawke seems to about joj that

Bob Hawke was not -- acknowledge that?

Bob Hawke was not privy to

the reself-ch. It was not

coming up as a significant

issue. Bob Hawke said, "It

might have had some part in

the outcome." It might have

had some minor part in the outcome but the truth is

there were plenty of other reasons why peel were voting against Labor the other day.

That is the point, it had

some part. You and Bob Hawke

aren't denying that?

Obviously it was an issue

that Barry O'Farrell

campaigned really hard on. I

thought he was using it more

as a distraction to take away

attention from the issues we

wanted to run and raise

issues about where he was

going with New South Wales.

He certainly pushed it as a

big issue. Frarningly, I can

assure you that it was a 10th

order issue in terms of what

the public were concerned

about. They were concerned

about it's time ,

electricity, trap they were

issues of people being

concerned about and people running around in their underwear. The best thing

that happened to me today was

going to the dentist and he

did not use an anaesthetic.

You have been in Brisbane

today as well. You are been

well clear of the faultout in

-- fallout in New South

Wales. Julia Gillard was

trying to make the impression

this morning that Barry

O'Farrell is a reasonable

leader, he is moderate,

unlike the extremist Tony

Abbott. I spoke to a number of backbenchers today, they

all make the point that Tony

Abbott will stay in the

leadership but are saying he

needs to look more

ministerial. You have to win the middle ground in

elections, not just the right

wing base, what do you think?

I can sort of understand

what they're saying but you

would not put those sorts of

people in charge of a

campaign ever. If Barry

O'Farrell had a different

sort of a campaign to run and

he is a different sort of a

bloke. He had all those sort

of advantages and Barry is a

steady, solid sort of bloke.

You can see from the way he

started his premiership and

he is steady and solid and

will do that sort of a bloke.

He was starting from a

different base. Tony Abbott

started from opposing a brand

new Government and everyone

said you have no hope for

several years and all of a

sudden he's knocked the Labor

Party back into minority

Government and still if an

election were held now the

Government would properly

fall. Look, you can sit there

and you can be soft and

woolly in a federal

parliament like this but you'll come second. Somebody

has to take the fight up to the Government.

It seems to me that there

should be more people doing

what Tony Abbott is doing at

the moment. He and Scott

Morrison and several others

are doing it but there should

be more getting stuck into

the Government. You can't

just leave everything to the

leader or sometimes a leader

can be painted as being sort

of too negative but often

that's because there are no

other people putting up their

hands and saying, "Hey boss,

I'll do it." Should he change

what he's doing? Why would

he? He's got his nose in front.

On the others who will clearly will looking at this

result, the Greens and the Independents, both failed to

succeed in the election. The

Independents going backwards,

the Greens failing to pick up

seats so far. They are still

in a fight in Balmain. What

are the messages here, have

Independents and greens

reached their high water

mark?

This was going to be an

election where you will

polarise the vote. There was

a big swing to the conservative parties and we

saw that with independents

generally. However, the

Greens properly chose two

candidates that weren't really appropriate for the

electorates. In Marrickville

they chose somebody who was

the mayor of Marrickville and

led a campaign against

Israeli products being sold

in the electorate of

Marrickville - something that

upset a lot of people and

sent the wrong message and

probably upset a lot of

Liberal-voting people in

Marrickville. In the case of

Balmain had had a fellow who

was a small businessman who

was caught auto being the

subject of therapeutic goods

authority as well. He did not

fit a need, Green picture as

well. Their candidate choice

was a problem for them in

chose sheets. They did not perform particularly well. In

the case of the Independents

it was a mixed story. In Port

Macquarie we did see a big

swing against the incumbent

there and he lost his seat

and there was some Oakeshott

factor in there, Rob

Oakeshott will have to look really closely at that

between now and the election.

I think Oakeshott will be more determined to see this Government through to its

full term rather than go

early because he would not

want to give the opportunity

to on the any Abbott to have

an early election when those

sorts of issues are floating

around there. In the case of

then to any Windsor, his

closest supporter is Torbey

and he is the Member for New

England and the Independent

Speaker of the parliament. He

got 63% of the primary vote.

He didn't seem to cop so much

flak there. In Tamworth there

was a backlash. It is a cure

rate's egg. I would not read

too much into it except to

say ha the message for the

independents is you tied

yourself to the Labor march you have to stay there for

the duration to see the

programs that Labor is

rolling out threw to their conclusion because -- through

to their conclusion because

that is when you are more

likely to get public support

for issues like the carbon

tax. Once Labor has its

campaign fully rolled out,

not not when things are in their early stages.

Once they can see some

changes and services being

delivered. We will hear from Tony Windsor right after the break for his take on the

election result. We will join

you again next week. After

the break, we will check in

on what's been happening in business and finance today. Stay with us.

Neither Rob Oakeshott nor

Tony Windsor appear to be too

phased by the backlash

against state independents in

the New South Wales election.

Tony Windsor caught up with sky's Ashleigh Gillon earlier. Good afternoon to

you. In your federal

electorate we saw in the

state election the

independent Peter Bra --

Draper lost his need to the

nationals but Peter Torbay

held on to his seat but

suffered a swing of 10%

against him. Are you taking

any blame for that result in

your part of the woods?

The electorate is a dial

face. There is two-and-a-half

years away. I am quite happy

to face the people in terms

of the achievements and otherwise that will accrue

between now and then. I

handed out for six hours on a

polling booth. No one

addressed to me concerns

about any of the federal

issues other Nan the carbon

price was mentioned -- other

than the carbon price was

mentioned on a few occasions. Everybody will make their own

lunch in relation to these

things. People will make up

their own minds as to what

had an impact and what didn't

have an impact. I've done the

numbers on the vote that occurred in northern

tablelands and Tamworth, both

were briefoutsly independent seats, Tamworth was

unfortunately lost but 53% of

people actually voted for an

independent in their primary

vote. Some people were

suggesting it is a referendum

on me well that is an

endorsement of independents

within that area in terms of

the total vote. There are

state issues involved and a whole range of things

involved but the short answer

is I am more than happy to

face the people when the time

comes on the achievements

that we've been able to

achieve, not only for the

electorate but there is a lot

involved in the agreement

with the formation of

Government for country

Australia and I'm quite proud

of those things. Just picking up on something

quantity to face the you said there, that you

electorate at the next

election, there were a lot of

reports that you were considering retiring before

the last election. Does that

mean you will definitely mean

you will be definitely

election. standing again at the next

The comments that were being

made were being made by my

good friends and colleagues, the National Party, because they had been given that

script. I had never made any

comments to that effect and I

never have in terms of the various elections that I've

stood at. You are elected for

one term at a time and this

business of people assuming

that they can just announce

they will stand at the next

one because they're elected

one time at a time and I am

quite happy to do that. If

I'm well and my family are

okay and a whole range of

other things are in place, of

course I'd stand. I'm enjoying this particular

parliament. People can make a

determination. If I'm not -

and I always rent my --

remember my good friend Peter Andren was going to stand for

election and died before he

could - I'm not suggesting

I'm going to die, I hope not.

You can't just promise that

you will do this, that or the

other. I have every intention

of standing if I'm enjoying

the work and my family are

okay and my health's okay.

You do seem to be enjoying

it. You are getting a lot of

attention in the position you

are in. Tony Abbott again

today pleading with you and

Rob Oakeshott to withdraw

support from Julia Gillard.

In a million years could you imagine yourself switching

sides and pulling your

support away from Labor?

You never rule anything out.

There is clauses in any

arrangement in terms of no

confidence and those issues

maladministration. of corrupt activity and

Can you see it happening though?

Well, that's not for me to

initiate it. If the

Government initiates it

through its behaviour

obviously those things could

occur. I haven't seen that as

yet. There are some very substantive issues that the

Government is trying to deal

with, the Murray-Darling

arrangements, I'm involved in

that. The climate change

debate, it is much more

simple - I mean it is much

more complex than the tax and

lie debate that's been going

on. It is a substantive issue

National Broadband Network, that's out there. The

an incredible piece of infrastructure in my view.

Tony Abbott has a different

view. That would be a major

road block to me in any

change, if they're going to

ditch the NBN it is highly

unlikely I would support

someone that's going to ditch

one of the initiatives that I

stood for prior to the

election and negotiated with

Tony Abbott as well and Julia

Gillard over the retention of

the NBN. He rejected that at

that time and I haven't. I think it is very important.

Thank you for joining us.

Okay.

Tony Windsor earlier. He

gave a strong indication that

he does intend to contest the

next election in New England.

Let's check what's been

happening in business and

finance today. Nadine Blayney

from the business Channel is

with us. A quiet day on the markets.

It is one of those questions

of what is happening or not

happening for the market

today. Down 0.2%. We did have

concern about the nuclear

reactors in Japan, weighing

watching the Australian on sentiment. We have been

dollar closely. It did hit a

29-year high over the weekend

and the Australian dollar

holding below those levels today. Showing a lot of support. In the broader

picture it is weighing on the

market. Our share market has

been underperforming its

global peers. We were

watching retail sales data in

Australia to see - get a read

on the consumer. The

conservative compute everyone

is talking about. We are

looking forward to Friday,

non farm payroll data, so

jobs data in the US.

An interesting week ahead.

We will see how the world's

biggest economy is tracking.

We will be back at the same

time tomorrow. In the

meantime stay tuned for the Live captioning by Ai-Media. latest Sky News.

www.ai-media.tv