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ABC News 24 10am News -

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(generated from captions) Today - the Prime Minister says the Government's plan to limit gas exports if there is a shortage could have halved prices.Australian families, businesses, employers, industries, they have to come first.

Also today - the Trump Administration looks to slash taxes on corporations to spur economic growth. A push to improve cooperation as Turkey names more than 400 suspected Australian Jihadists. And the Australian Olympic Committee to review its work place practices in response to bullying claims.

Hello, welcome to mornings, I'm Joe O'Brien. Looking at the weather first...

The Prime Minister is attempting to overcome domestic gas shortages with restrictions on exports. From July 1, new regulations will allow the Government to force producers to boost supply for local users before they can send gas overseas. Australia's gas prices have increased dramatically which the industry claims is because they are barred from exploring for new reserves. The Government insists too much gas is being exported and despite two crisis meetings, the industry still hasn't changed its practices. Malcolm Turnbull says the current energy market isn't working as it should.We are a massive gas producer. We are about to become the biggest exporter of LNG, liquefied natural gas and yet we're in a position where the east coast market has been short of gas and there have been bigger shortages forecast. That is not acceptable. Australian families, businesses, employers, industries, they have to come first. We must protect those Australian jobs.The Prime Minister there speaking in Brisbane this morning. Political reporter Stephen Dziedzic has more from Parliament House in Canberra.As the Prime Minister mentioned in the grab you played before, Australia produces plenty of gas, that is not the problem. The problem is that many suppliers have locked themselves into big export contracts with overseas markets whereupon a price, which is often a bit lower than the domestic price charged here in Australia, is essentially baked in. That means there is often an undersupply on the east coast in particular and a big difference between the price being paid by people overseas and by families in Australia. The Prime Minister's intervened in the market, saying from July he will reserve the right, if there is too big a gap between the two prices and if there is an undersupply, to stop gas exporters from actually taking their product overseas unless they serve the Australian market first. One of the ways they might be forced to do that, if they are locked into these contracts, is actually to import more gas back into Australia at a cheaper price. That might be one way they can satisfy this demand.Is this a long term solution?The Prime Minister says this isn't a long term solution, it is a short-term solution to an acute problem facing the nation. He says in the long term, the solution is more gas production and again, he has taken aim at the States, in particular the Victorian Government, saying they have locked up far too much land from exploration, their bans on fracking are dangerous to the market because it prevents the supply we need to see. Anticipate more Liberal front benchers to be out today attacking the States on this. It will be interesting to see what the Victorian Premier, Daniel Andrews, who recently announced his own CSG ban, has to say in response.The ultimate goal is to bring prices back down here in Australia. Will these controls actually lead to that or what guarantees has the Government got about the prices that the Australian consumers are going to end up paying for this?The Prime Minister this morning made a pretty explicit guarantee that gas prices would go down as a result of this announcement. He is betting that the export control threat is enough to bring more supply to the domestic market which will inevitably lead to lower prices. He said that it should be about half of what it is now which is not a guarantee it will happen. That is clearly where the Prime Minister would like to see the price. The main point he is making is if you bring export controls in, you're unlikely to see this huge discrepancy between what is being paid overseas for Australian gas and what is being paid back here. If those two come closer together, the Prime Minister says that will mean lower bills for businesses, protecting the jobs we see and potentially lower prices for households. Worth noting that not long ago, only a month ago, the Resources Minister was playing down the necessity of this, saying it wasn't the Government's preferred option and drawing an analogy to farmers supplying stakes to a market. Clearly, the situation has got so bad the Government has done an about face. It will be interesting to see what the response is.We are expecting key media conferences on that subject within the next hour. It looks like the Opposition Leader Bill Shorten is going to step up soon. He is in suburban Melbourne and no doubt he will be asked about that gas plan. The Prime Minister Malcolm Turnbull is due for a media conference in Brisbane later this hour. We should be able to bring you that live. US President Donald Trump has proposed sweeping tax cuts for businesses in a bid to stimulate economic growth. Critics say the plan is light on detail and disproportionately favours the wealthy. Conor Duffy reports from Washington.When the plan was announced in the most detail which we had, which was at the White House press briefing today, reporters were given a one page statement of detail about not just the corporate tax cuts but the tax cuts to individuals as well. In some ways, this announcement today has been seen as aspirational because it has to go through the Congress and the Senate before it can be approved. In terms of the big picture announcements, the President is proposing slashing the corporate tax rate from 34% to 15% and reducing the top rate for income earners of just - from just under 40% down to 35%.Under the Trump plan, we will have a massive tax cut for businesses and massive tax reform in simplification. The President is determined to unleash economic growth for businesses.You have touched on this before but what is the likelihood that these will actually get through Congress?There is a huge job for the administration to get these through. They acknowledged that themselves today, saying they expected to be attacked from the left and from the right and we just heard from Steve Mnuchin the Treasury secretary. He conceded that there was a long way to go for this to get over the line. He was pressed today on the details about how President Trump planned to pay for these cuts. It will punch a big revenue hole in what the Government is taking in. There was very little, in terms of detail, about how that would work. He said because the President was proposing getting rid of a host of deductions on income tax, that would improve the bottom line, basically the President is going to simplify the process so that only interest paid on mortgages and charitable donations can be claimed against tax donations but this was more an aspirational statement of what they would like to do in terms of the nitty-gritty and getting through Senate committees, they will need more than one page of paper.It must be astronomical the figure that the US Government will forego if it proceeds with this. Was there any talk in the media conferences today just about how many billions or trillions that the US Government will be foregoing with this?There has been rough estimates but none that seem particularly reliable at the moment. As I mentioned before, the Treasury secretary and his companion from the national economic council were deftly sidestepping any questions that could see them get bogged down in the detail on this. We don't yet know exactly what the hole will be. They think they can offset some of it by limiting deductions. It will be a huge hit and there will be much more detail that needs to come out on this.On another front, we had this unusual circumstance today where senators were bussed from one part of Washington to another. Explain what that was all about and how tense the situation is with North Korea at the moment?That was interesting. We had the spectacle of the entire US Senate being bussed down from Capitol Hill along Pennsylvania Avenue to the White House in these enormous white buses that just looked like the normal standard issue holiday tourist buses. From what we saw on Twitter, not all of the senators were happy to be on the ride. One Tweeted that he was off to the administration's North Korea briefing/Trump 100 days photo opportunity. What they discussed was very serious. The briefing was led by defence secretary Jim Mattis and the US Secretary of State Rex Tillerson. They explained to the senators what the administration's approach for dealing with North Korea would be. The basic line we got out of it from the senators afterwards was that the US would continue to try and exhaust diplomatic options and options to do with sanctions rather than a military strike in the short-term. The two men who led the briefing, Jim Mattis and Rex Tillerson released a 5-paragraph statement a short time later explaining that North Korea presented an urgent national security threat to the United States but for now, action would continue to focus on sanctions and diplomacy rather than concrete plans for a military strike.The ABC has learned Turkey has the names of more than 420 Australians on a terrorism watch list. Turkish authorities are pressing ahead with the prosecution of Australian Islamic State recruiter Neil Prakash who was captured after crossing the border from Syria late last year. A senior Turkish official has told the ABC that Turkey is proceeding with Australia's request to extradite Prakash so he can face charges here. Matt Brown reports from the Turkish capital, Ankara.The list of suspected Australian Jihadists banned from entering Turkey comes from Australia, Turkish intelligence and other countries. The 420 names is more than double the number of suspected IS supporters in Australia. Even accounting for all of those suspected of fighting and dying in Iraq and Syria, there is 60 more names on that list. The Australian Jihadist Neil Prakash, who has been detained here in Turkey since October last year, is awaiting trial on suspicion of being a member of the Islamic State group. An official here in Turkey has said even though he is on trial that doesn't mean he can't be extradited to Australia, in fact Turkey would prefer that he be sent home. The ABC has also confirmed that two other suspected Australian Jihadists who were detained last year are still here in Turkey. One of them has refused contact with Australian officials. They are just part of a much larger problem Turkey has with alleged foreign terrorist fighters. Since 2015, it has arrested more than 2,300 people suspected of being involved with groups like IS and al-Qaeda. More than 1,000 of them were foreigners.Police in Melbourne have charged a man with murdering a woman at a home in Patterson Lakes. They found the 78-year-old woman's body on Sunday night. The man who is also 78 is due to appear in court today. A search is underway for a father and his teenage son who have spent a third night lost in the Tasmanian wilderness. Peta Carlyon has the latest from Strathgordon, west of Hobart.They travelled from Hobart on Sunday night to the Huon camp site which is in a remote area. There were no other campers there. They have set out along a walking track into the western Arthurs, according to the log book where they have left details at the end of the Scotts Peak road. There has been no trace of them. That was Monday morning and, as you mentioned, that has been three nights and there is no trace of them since then. The alarm was raised on Tuesday night and search crews and police really have no clue as to where they are at the moment because there is no sign of them.Was it going to be a circular track and they were doing 70km and ending back up at the spot where they started or going through to another point and then driving back?No, they were expected, if they did plan to do that day walk, as they noted in the log book, it would have been expected that they would have had to come back along the same track. There is only one track there and they would have come back to their vehicle which is in the car park there and back to their camp site. The walk that they listed as doing is a day walk. It is actually a multiday walk. It is five days and one of the toughest walks in Tasmania into that western Arthurs area. Police know they did not have any overnight equipment. They don't know what sort of clothing they were wearing or how much food or water they had and it seems like they were very inexperienced. They hadn't done a walk in Tasmania at all before. This is why police are so concerned about their safety.What have conditions been like for the last three nights? Not good. We were at a police briefing this morning and the conditions were described as atrocious the last three nights. This is in a very exposed area and temperatures have been dropping below 5 degrees. There is snow on some of the mountains and there is more snow this morning which means it would have probably dropped to even lower temperatures last night. The fears are very grave from rescuers at this stage.The top stories today - the Federal Opposition says it is cautiously optimistic about the Government's plans to restrict gas exports if there is a shortage within Australia. US President Donald Trump has proposed big tax cuts for individuals and businesses which the White House says are the biggest in the country's history. And the ABC has learnt Turkey has the names of more than 420 Australians who are on a terrorism watch list. In the UK, Theresa May and Jeremy Corbyn have used the last Prime Minister's questions before the election to set out the choice for voters. The Prime Minister argued it was about strong and stable leadership under the conservatives, the Labour leader concentrated on public services, saying he would stand up for them. Once more with feeling. For the last time, this time around at least Theresa May sped off to the Commons, while in the Leader of the Opposition's lair Jeremy Corbyn spotted up for what could be their last weekly show down.Questions to the Prime Minister.Not really questions and answers today, more a slanging match of slogans.Who will be Prime Minister of this great country? And he says the choice is clear and the choice is clear. Every vote for him is a vote for a chaotic Brexit. Every vote for me is a vote to strengthen our hand in negotiating the best deal for Britain.Just in case you missed it, she mentioned the word "Strong" 38 times. The word "Stable 11", not so many answers but he had his own mantra.They are strong against the weak and weak against the strong. The election on 8 June is a choice between a... (CHEERING AND APPLAUSE) ... Yeah. Between a conservative Government for the few and a Labour Government that will stand up for all of our people.Anyone would think there is a campaign on. The S&P in snap-happy mode and attacking the Tories for refusing to promise to keep the guarantee where State pensions always go up.The Tories now won't guarantee the pensions and the only reason they will not guarantee it is because they want to cut pensions. It is not the message to pensioners, is not the message that you cannot trust this Prime Minister?Not an easy day for the Lib Dems. Tim Farren had to sack one of his candidates today, out for what the Lib Dems themselves have described as anti-Semitic remarks. Yet they have high hopes not for Government but at least for opposition.The legacy of this parliament is the utter abject failure of Her Majesty's official opposition to effectively hold her Government to account for any of it. Is it not time that Britain had a strong, decent, new opposition?In France, there is an election on too. Presidential front runner Emmanuel Macron planned to meet union leaders during a factory visit in the country's north. Instead, he was met with boos and whistles when he was upstaged by a surprise appearance by his far right rival Marine Le Pen. It was supposed to be a show of courage and leadership, the staunchly pro-Europe presidential candidate Emmanuel Macron in the city here to meet Whirlpool workers representatives who say the EU is destroying their jobs. The US electrical manufacturer is moving the factory to Poland where costs are cheaper, cutting 300 French workers' jobs. But while Macron was locked in a meeting room far from the plant, his rival, the far right's Marine Le Pen, arrived at Whirlpool for a surprise visit. TRANSLATION: The fact that Emmanuel Macron was coming here this morning and didn't intend to meet the workers, didn't intend to come to this picket line but he met sheltered in a room of the Chamber of Commerce, two or three carefully chosen people, he shows disregard for what the workers are going through, I decided to leave my council meeting and come here.It was a campaign coup for the anti-Europe leader who is popular in a part of France which has become synonymous with industrial decline and unemployment. Visibly annoyed, the centrist Independent candidate hit back, accusing Le Pen of staging a show for the media. TRANSLATION: I want everyone in this region that I love so much and that I know so well and that has had to endure the end of so much industry to truly understand Marine Le Pen's project. Marine Le Pen's project doesn't fix Whirlpool's situation in the least.Macron hadn't planned to travel to the Whirlpool factory but suddenly placed on the back foot, he quickly changed his mind. He was greeted with jeers and fury. Macron's trip to the north was aimed at winning new votes in a territory dominated by the Front Nationale. Marine Le Pen came out on top in the first round of the election here last Sunday. Marine Le Pen has dealt a humiliating blow to Emmanuel Macron. She has positioned herself as the people's candidate and made him look as if he is out of touch. With less than two weeks until the second round, she has shown the gloves are off in the battle for the French Presidency. Macron was criticised after his first round win for appearing to be complacent about his rival. Two-thirds of French voters saying his campaign against Le Pen was off to a bad start. Events at Whirlpool are unlikely to help. The French intelligence service has concluded that forces loyal to the Syrian President were responsible for that deadly chemical attack in northern Syria which killed more than 80 people. France said it reached its conclusion based on evidence from the strike and a blood sample from a victim. French Foreign Minister Jean-Marc Ayrault says the samples were typical of the method developed in Syrian laboratories. France kept evidence from previous attacks attributed to the Syrian regime that it was able to use for comparison. Oscar winning director Jonathan Demme, best known for Silence of the Lambs, has died. Demme directed the acclaimed film Philadelphia and most recently the comedy Ricki and the Flash starring Meryl Streep. The 73-year-old died of complications from oesophageal cancer. He was surrounded by his wife and children in New York. An unusually dense super bloom of wild flowers that has been sprouting up across California is visible from space. Fields across southern parts of the State have been carpeted with vivid blooms which are mainly orange California poppies. Rainfall throughout winter and spring is essential for a good wild flower year. To someone else who is blooming, here is our finance presenter Alicia Barry. What is happening with Channel Ten?They have announced they are in financial strife. It has announced its half year results and posted a big loss. The company has been struggling for quite a while in a very competitive television market and one where we are seeing advertising revenue dwindling. The Network 10 says its future is dependent on financing arrangements after it reported a $232 million half year loss in a weak advertising market. The network has a $200 million debt facility guaranteed by News Corp cochairman Lachlan Murdoch, businessman Bruce Gordon and James Packer due to expire in December. The group says it is currently seeking to secure an amended or Newboroughing facility with an extended maturity and expanded size. It says as a result of that, there is a material uncertainty that may cast significant doubt on the group's ability to continue to operate as a going concern. Wesfarmers says Coles has posted slow sales growth in the March quarter, missing analyst expectations as the supermarket seeds share to rival Woolworths. Food and liquor sales grew 0.3% in the period and adjusting for the later timing of Easter Coles liquor and food sales rose by 0.7%. Analysts forecast the Easter adjusted same source sales growth of 1%. Sales remain strong at Bunnings in Australia and New Zealand following the demise of Woolworths' Masters stores. Officeworks sales jumped 9%. Sales were soft in the department store sector as consumers pulled back on discretionary spending.The Australian share market is trading fairly flat this morning after a lacklustre session on Wall Street. Energy and mining stocks are losing substantial ground offsetting some small gains in the banking sector...

Keen to talk to you at some stage about the reaction to Trump's tax plan too, Alicia. The defence industry minister Christopher Pyne is speaking in Sydney now. REPORTER: Do you know what the problem with HMAS Canberra and Adelaide is yet?Look, we have thousands of pieces of equipment and platforms across the Australian Defence Force. There was a propulsion issue identified with one of the LHDs. The other was checked to see if it had the same issue out of an abundance of caution, both are being maintained at garden Island to address that issue. It is not a serious issue. It doesn't put Australia in any risk whatsoever. It is perfectly normal when you have thousands of pieces of equipment hundreds of significant platforms, that you would be continuing to maintain and sustain those platforms.Are they still under warranty and do you have an idea of cost, how much this will cost?This is one of the greatest beat-ups of my short political career in defence industry. It seems to have become an obsession some people that this is somehow the major story in Australian defence. The major story in Australian defence right now is the extraordinary build-up of our military capability. There will from time to time be necessary maintenance of our platforms. That is all that is happening with the two LHDs right now. There are contracts, there are warranties, there are negotiations between defence and contractors. I will leave that up to the good boffins in defence to work those matters out. I am focusing on things like today's 100th piece of the Joint Strike Fighter that we are supplying. It is a great success story. It is creating jobs and growth and investment in Australia and will continue to do so for decades into the future thanks to the Turnbull Government's investment in our military capability.Ahead of the Budget is borrowing for welfare and health good policy?I will leave Budget questions to the Treasurer and the Minister for Finance. We tend not to talk about the Budget before it is released. Malcolm Turnbull has an old fashioned orthodox view which I subscribe to, that the Budget is when you announce things in the Budget and people have to wait until Budget night to find out. (INAUDIBLE QUESTION) Generally, my opinion is that we are doing well in bringing under control the debt and deficit that was left to us by the previous Labor Government. Luckily, we have a Government that is committed to savings measures to reducing the tax burden on companies and individuals. We have delivered individual tax cuts, company tax cuts in the last 12 months. We are getting financial bills through the Senate as well as things like the Australian Building and Construction Commission and the registered organisations commission, reforming child care. This is a Government that has - that is chalking up one success after another and in the Budget, you will continue to see that we are bringing debt and deficit under control which, if Labor had been elected, they had planned to blow out by $16.5 billion, just in what they announced in the election campaign. We have seen talk about good debt and bad debt today. Is this being primed for a larger than expected deficit or a smaller return to surplus?What you will see is a continuing, steady, sensible return to surplus over the period of the forward estimates. The Treasurer will make the announcements on Budget night but we are a Government that is bringing the debt under control, the deficit under control. We are not doing that in a way that puts a handbrake on the economy. We are maintaining our 555 credit rating from an economic point of view, this is a very successful Government and as I said, if Labor had been elected, they had already planned to blow out the Budget by $16.5 billion because they were trying to buy the election or scare voters into voting for them in the Mediscare campaign.Thanks everyone. Defence industry minister Christopher Pyne there speaking in Sydney. We are expecting the Prime Minister, both the Prime Minister and Opposition Leader to step up for media conferences within the next half hour or so. We will cover that for you on ABC News. Time for a check of the weather. Good morning to Nate Byrne. How is your equatorial wave going?Not too bad. I went and brushed up a little bit. I found out that it was named after Karl Gustav Rosby. I am all brushed up.For viewers who didn't see it last half hour, explain what it is? Can you head the map north for us to explain that?I have all the skills. We have been talking about this low in the north of the country for the last few days, potentially aiming towards tropical cyclone strength. It doesn't look like that will happen. We were talking about that even though there is no current monsoon trough over the country because of an equatorial Ross by wave going on. I will show you what is going on. You have the low in the south of the map as you see it now. In the Northern Hemisphere we have a twin going on and that is because of this equatorial Rospy wave. That is a long wave form that happens all around the earth. It happens near the equator and it is a way of the earth redistributing energy throughout because energy can't be created or destroyed, it just has to all equal out. It is a restoring force and made up thing that we have called potential vorticity. It is a tough one to understand and it is tough to try and explain. It is a made up thing that is useful for meteorologists.Why is it the case then when you have a powerful category five cyclone in the Southern Hemisphere that that is not replicated in the north?Sometimes they are. It depends on exactly what is going on. When an equatorial wave happens to coincide with a storm that is formed in the monsoon trough, then you might see a twin happening on the other side. They won't always perfectly match or they won't always be exactly the same strength. Near the equator, because you have two different types of turning happening on either side of the earth, the ones in the north One Plus One way and the ones in the south turn the other way, when they coincide, that is when you get the twinning.It is to do with proximity to the equator. If you're far enough away you won't have that affect? Absolutely. We have waves that happen around the polls but they don't get reflected in the other hemisphere because it is too far away.Explain what is happening in the south-east of the country with that chilly weather?Sure. That is thanks to a cold front moving to the Tasman. We have some strong southerly winds coming up from the cold polar area and that is bringing really cold conditions to the south-eastern States, including frost this morning and snow on the ranges and for the mountain tops, for Victoria and New South Wales and for Tasmania as well. It is chilly and it will stick around for at least a couple of days.Around the States and Territories today? Starting in Queensland...

I will put you on the spot but you are a WA boy so badge gar ra, where is that in WA?It is in WA, Joe.We will sort that out tomorrow. Cheers, Nate.

The top stories today - the Federal Opposition says it is cautiously optimistic about the Government's plans to restrict gas exports if there is a shortage within Australia. The Government says so much gas has been exported and despite calling two meetings with the industry, practices haven't changed. The sector says prices are high because they aren't allowed to explore for new reserves. US President Donald Trump has proposed big tax cuts for individuals and businesses which the White House says are the biggest in the nation's history. Under the plan, the business tax rate would be slashed from 34% to 15 and personal taxes would fall. Critics say the proposal is light on detail and disproportionately favours the wealthy. The ABC has learnt Turkey has the names of more than 420 Australians who are on a terrorism watch list. Turkey is prosecuting Australian Islamic State recruiter Neil Prakash on terrorism charges but it has started the process to extradite him to Australia. A former CEO of the AOC Fiona de Jong hopes the AOC's review of work place practices looks at allegations of past incidents. The investigation was ordered during an emergency board meeting. A separate independent panel will rule on Ms De Jong's complaint against media director Mike Tancred who has stepped aside. The Prime Minister says the Government's plans to restrict gas exports, if there is a shortage within Australia, could halve prices. The Coalition has decided to impose export restrictions on gas in a bid to ensure there are no shortages. It intend to regulate by July 1 to enable it to force producers to boost supply for Australian users before they are allowed to export. Malcolm Turnbull insists that will make gas cheaper, locally.The market has not been working as it should. The reality is that, as you said, we are a massive gas producer. We are about to become the biggest exporter of LNG, liquefied natural gas and yet we are in a position where the east coast market has been short of gas and there have been bigger shortages forecast. That is not acceptable. Australian families, businesses, employers, industries, they have to come first. We must protect those Australian jobs. There is about 65,000 jobs at risk right at the moment unless action is taken. We are taking this decisive action today and what this will mean is that if there is a shortage of gas for the domestic market forecast, then export controls will be imposed so that Australian families and Australian businesses and Australian jobs come first.Tony Wood is the energy program director at the Grattan Institute. He says the affects of the intervention are unpredictable.The devil will be in the detail. The Government has clearly found it necessary to intervene in absolute frustration. In some ways that is understandable but, intervention has consequences and we will see how it plays out. It certainly should help ensure that we have supply, whether it can bring down the prices in the way people would like is one of the big questions. What impact it has on the companies who export gas is also one issue they will be raising with the Government.How is this likely to work then? Is it going to be the case that was headed overseas from the gas plants will be redirected straight to the domestic market or will it be the case that gas is transported back from Asia to be used in Australia?I don't think we would see gas fikyly being transported back from Asia. We could see financial swaps, that the companies find ways of finding gas on the international market, which is probably still pretty cost-effective to do, and using that gas to meet international commitments, meaning that would free up gas for the domestic market. One has to ask why that couldn't have been done without Government intervention and it is hard to tell why that is the case. Importantly, what this impact will have, what the impact of this intervention will have on price. That is the big frustration for most consumers.What is your expectation with that?The first thing is gas prices will never return, in my view tO, what they were five or six years ago, before we had domestic gas open to the international market. Customers in Australia should be paying no more than the export parody price, that is what the customers in Asia are paying, less the cost of transporting the gas to Asia. Unfortunately, the evidence is they have been paying those higher prices and that is one of the reasons why the Government felt it necessary to intervene. It is a pity the commercial arrangements couldn't have been used to solve this but we will now see whether Government intervention can solve it in a way that doesn't have unintended consequences. Once you unleash this intervention it is hard to tell where it might end up. I don't know whether the companies would feel they have a basis for taking even some form of legal action for compensation against the Government. I am sure Government has very good advice that it can intervene in the way it is proposing to do, by imposing the export restrictions through customs. Minister Canavan is the minister in the spotlight in relation to that. It is early days. There is not much detail as to how the domestic market size will be determined. What the price will be and exactly which of the producers will be the ones who will be forced to take action to address any domestic shortfalls. These are details still to be unfolded but I am sure we will see more because this is a big deal and intervention is a big deal.Donald Trump has proposed sweeping tax cuts for businesses to stimulate economic growth. The plan comes as he approaches 100 days in the job, a traditionally significant milestone for Presidents. Ted Hessen from Politico in Washington says congressional Republicans are are responding cautiously to the tax plan.They are welcoming the plan as a guide post and something they can work from. Do they think it will pass any time soon? I don't think so. When it was presented it was on one page and with bullet points. It is not ready for a vote just yet. Can he put a tick to that as something he is at least pursuing in his first 100 days?That is right. That is part of what he would like to do. Obviously, the administration seems to care about this anniversary and they have put out something and it is out there for the public to take a look at.Another key commitment of the campaign was build the wall, the chant we heard in his rallies and get rid of the bad hombres as he said. How do you assess he has gone with that?They have tried and they have pushed for the wall. There hasn't been much of a reaction in Congress so far. Democrats are opposed to it and they call it a poison pill and they won't back funding for it. Republicans have been lukewarm about it. They are nervous maybe it will blow a hole in the Budget and it won't show the results that the administration thinks it will.What about more broadly the crackdown on immigration and what has happened with the border and people trying to get into the US?I think that is one area where the President can really get out and brag to his supporters that he has done something. He has changed the immigration system many times in minor ways but in ways that have enabled immigration officers here to go after people who are living in the country illegally. We have seen already that the numbers of people entering at the US border or at least arrested trying to enter have dropped in the first months of this administration. They will hold that up as a sign of success so far. Have you started to see the impacts of that on businesses in the US that use primarily the work of undocumented migrants?I think that is a good question. You have heard some fears expressed, particularly among the agriculture sector. They don't want to see raids on work places and farms. We haven't seen too much of that yet. I think that right now it is a nervousness about what might happen, versus what has happened to these businesses.To another of the issues that Donald Trump brought up in the campaign. He said he was sick of the US being the world's policeman but has gone in on Syria and now North Korea dramatically. How did you think that is playing out with his base?That is a good question. This is someone who, during the campaign, really called out Hillary Clinton for her support of the Iraq war and said he wouldn't do something like that, even though back in the day he supported it. I saw a recent poll that showed among people who voted for Trump, only 2% say they regret doing that at this point. Regardless of what has happened, his supporters who voted for him still seem to be there with him.Justice Minister Michael Keenan says Australia and Turkey must cooperate closely to stop Australians joining the conflict in Syria. Turkey has been the main gateway for foreign fighters and the ABC has learned Turkish authorities have the names of more than 400 Australians on a terrorism watch list. Middle East correspondent Matt Brown sat down with Michael Keenan in Beirut. He was asked about counter-terrorism cooperation with Turkey.We know we have 110 Australians currently fighting in the conflict and probably 70 have already been killed. We have had a couple of hundred Australians involved in that and clearly, a lot of those people would have transited through Turkey. I can't comment on the specific intelligence they have or the way that they work their intelligence. If we had information in Australia about somebody we thought threatened Turkish national security, obviously we would talk to the Turks about that. They are a friend and that is what Australia does.It is our understanding that 21 Australians have been deported from Turkey...I don't want to comment on a specific number but if we had information about an Australian who we haven't been able to stop leaving Australia or they have left Australia and subsequently we have further information about their intentions, we will talk to the Turks about that and if they can stop any Australian going to the conflict zone, that is a good thing. If they were to return to Australia, we would seek to gather evidence on their intentions and there is a range of offences we would prosecute them for.We are told that of the 21 Australians who have been deported from Turkey, more than half but not much more than half were sent back to Australia which means others were sent elsewhere in the world, which reflects that there is a broader geographic spread, if you like, of concern about suspected Australian Jihadists?Absolutely. We have had a very sizeable number of Australians involved in the conflict. We have stopped a lot of other Australians from being involved who might have wanted to be involved. We do make up a reasonable sizeable chunk of the Western foreign fighters that have gone into this conflict. We have worked very hard to stop Australian involvement and we have been very successful at doing so, the sorts of measures I was talking about, stopping people from travelling, making sure they don't have a passport when they could go out into the world and involve themselves in terrorist activities. We are aware of our responsibilities to stop Australians from being involved. Large scale military exercises have been held in both North and South Korea in the past week. In the South, US and South Korean forces obliterated targets painted on a hill side. The first of these exercises took place 40 years ago and this is the ninth round, now all the previous ones have enraged North Korea but many are saying this is the most provocative. This is because this is happening alongside US-led naval drills with Japan, also taking place as a show of force against North Korea. In these joint artillery drills, the US and South Korea are showcasing their up to date fire power assets and we are told this is the biggest display yet. There are also more troops than before with about 2,000 troops participating in the exercises. Some of the hardware showcased include 100 artillery tanks, 30 fighter jets and for the first time, patchy helicopters. It is worth noting that the military exercises are taking place some 30km south of the border with North Korea and on Tuesday, North Korea had deployed its own long range artillery drills in a show of force. South Korea has one of the most powerful militaries in the world. It spends five times as much as North Korea on defence and is possibly the reason why North Korea seems to rely more on its unconventional warfare capabilities. The acting South Korean President attended the show of fire power to reassure the public that their security is high on the political agenda. Scientists have mapped the genetic code of Bali, giving researchers a better chance of improving crop yields and creating a healthy beer. Researchers from around the world, including Australia, have spent a decade trying to sequence the genome. They have mapped the code finally. Breeders can experiment with varieties that provide better disease resistance and lower carb beer possibly. For more on this I University
spoke to Rachel Burton from the University of Adelaide.Barley is important for Australia, it is an export. We grow a lot of cereals in Australia and are well-known for the quality of our malt. Exports are important for us and therefore barley is a major crop and especially in SA.How badly is the crop affected by drought over the years?Drought is a major threat in Australia and we are looking for species...Australians can after a place.
lot of effort to get into the market place. Being able to buy your first home shouldn't be as difficult as it is in 2017. In Melbourne, since the Liberals got into power in 2013, housing prices have skyrocketed over 30%. In Sydney it is closer to 50%. I had the privilege to talk to a great young couple, Theresa and Guy and they explained for two years plus how long they have struggled just to get their foot in the door of their first home. They have managed to breakthrough, it is simply too hard for tens of thousands of families like Theresa and Guy. It is too hard for ordinary Australians to live out the great Australian dream of getting their first home because the housing market for first home owners is rigged against ordinary Australians. It is not a level playing field. It is not fair that every Saturday around Australia, young people who work hard, like Theresa app Guy, work in a special needs school, working as a forklift driver on the afternoon shift, working really hard. When they go to an auction on the Saturday, supported by their parents, tens of thousands of impressive couples like Theresa and Guy, the playing field is not level. They compete against investors, who are getting a taxpayer-funded concession and this is what is keeping young Australians out of the housing market. It is a crazy set of circumstances. Young people are paying taxes and the taxes they pay come back in the form of concessions to well off people to compete against them to buy their first home. There is no level playing field and the situation is rigged. Labor has comprehensive plans to improve supply and to improve housing affordability. The real shame is Malcolm Turnbull and his Government are so terribly out of touch with the dreams and aspirations of ordinary Australians, it is time to deal with housing affordability. Labor has a plan and we invite the Liberals to step up and start caring about housing affordability of ordinary Australians. Happy to take questions. REPORTER: As you know, the rental affordability is down at less than half a per cent of rentals on the property market are affordable to young people on Newstart and the youth allowance. It wants the Government to increase the payments, what will Labor commit to in terms of that?We have said, if elected, we will review the pension system because you're right, they are so low now it is not a question for these people even to be able to afford their first home. They just want some secure housing. Labor has a plan not just for first home buyers that we announced last week. We also have made it clear we want to see greater investment in new housing which will improver the stock of housing and therefore help with issues of rental affordability. We have said we want to renegotiate proper agreements with the States to make sure that the stock of public housing is improved. We have said we would spend $88 million over the next two years helping survivors of domestic violence be able to find safe accommodation. Labor has a series of plans from reviewing the Newstart allowance, through to improving supply, through to getting a better deal for renters and people in public housing. We understand the best thing we can do in this society as a Government is make sure people have a good job, make sure they have secure accommodation so our focus is not just first home buyers. It is also for people who have no prospect of getting into the housing market but just want reasonable rents and a secure place to live. The Government will stop the gas from being exported during times where the domestic supply is low. The Prime Minister says this will drop prices for consumers. Is this a good move? For months, I and Labor have warned example,
we have a gas crisis. Last week, for example, I was at the BlueScope Steel mills in Wollongong where their prices are going up for gas. I visited a factory in Altona in Melbourne, I visited CSR at their brick making operations on the Central Coast. There is a gas crisis in this country because under the Turnbull Government, it is cheaper for a Japanese company to buy Australian gas than it is for an Australian company to buy Australian gas. This is a crisis. How on earth has it taken this long for Turnbull to wake up and realise that Australian jobs are under threat because we when it is cheaper to buy Australian gas overseas, then it is cheaper for Australians to pay for Australian gas in Australia, this is a problem. Turnbull has woken up to this. I have spoken about the gas crisis because I care about Australian jobs. He cares about his own job when he realises that this gas crisis isn't just bad news for industry and householders, it is bad news for his electoral fortunes. This morning, Mr Turnbull made the statement that under him, gas prices will halve. He said on Brisbane radio, gas prices will, for industry, householders. They will halve. Mr Turnbull needs to explain to people exactly when the gas prices will halve. He said from July 1 the new system comes into place. Mr Turnbull has a track record of making announcements and then moving onto the next issue. The problem with his announcements is they tend to raise more questions than answers. If Mr Turnbull's promised Australians that gas prices will halve, I want to hear that promise from the gas companies. Without the gas companies confirming that, what Mr Turnbull is saying is just hot air, just words. I want the gas companies who have caused a lot of this problem, because they have prioritised exporting Australian gas overseas rather than looking after Australians at home, I want these same gas companies to put their hand up and saying "Yes, gas prices will halve". Malcolm Turnbull is right and from 1 July this new system comes into place. If the gas companies won't verify Mr Turnbull's extravagant promises of halving gas prices, Turnbull has a case to answer to the Australian people.Do you support the move as a good one? We have beep calling for the need to restrain exports, if the companies won't supply domestically. I make no apology. I have been attacked by conservatives. I make no apology for saying that the system is a joke. When a Japanese company can buy Australian gas in Japan, more cheaply than an Australian company can buy Australian gas in Australia, I have said all along here, this gas comes from Australia, it belongs to Australians and to Australian industries. If we produce more gas than we need for our domestic needs, by all means export it. Fantastic. I will always pick an Australian job over a job overseas. I will always pick an Australian company over an overseas company. This gas belongs in Australia. I support making sure gas companies keep their social contract with the Australian people, after all, these are natural resources extracted from Australia. Turnbull has been dragging his feet on this issue but he has woken up because he is worried about his own job and he has listened to Labor. What Mr Turnbull has to do is explain exactly how he is going to legislate the proposals. These are important questions to ask him. Will he bring legislation into parliament in the next few weeks before July 1 when his new system that he has promised comes into place? Today Mr Turnbull said, having done nothing, now he has promised he will halve the prices and this new wonderful system comes in on July 1. We need to hear the gas companies explain and confirm that Mr Turnbull, what he said on radio is right, gas prices will halve. If the gas companies aren't willing to confirm what Mr Turnbull's promised the Australian people, Mr Turnbull has a lot of explaining to do to the Australian people.Should you be urging Daniel Andrews and the Victorian Labor Government to free up gas supplies here in Victoria?As you would appreciate, by the fact you have asked that question, developing new gas field will take years. I think we need to develop new gas fields, natural gas but what I also think is we have a crisis right now. The long term issue of continuity of supply of gas is an important issue. Just focusing on that is like promising a drowning man that you will go off and build a boat. It will be too late. What I want the gas companies to do is confer what Mr Turnbull has promised on radio this morning. We didn't ask Mr Turnbull to say the price will go down from $20 to $10 and less. Mr Turnbull has put out that because of him on July 1 we will see a significant reduction in gas prices and in fact, the price of gas will halve and it will be low international prices in the future. When there is market failure, we support the Government stepping in. I make no apologies for believing that Australian gas should be prioritised for Australian domestic needs first and we need to make sure the gas companies are being truthful with us. The gas companies need to now confirm that gas prices will drop in the radical nature which Mr Turnbull has promised on radio this morning. We need Mr Turnbull to explain does he want new legislation? Is this a one off statement to rattle the bars of the cages of the gas companies and sort of scare them back into doing the right thing, or are we going to put in a permanent solution? That means never again can we be stuck in the situation that a Japanese or Korean industrial company can buy Australian gas more cheaply than an Australian company can pay for Australian gas.Is Turnbull's plan a long term fix or does more need to be done?Let's see what he is actually doing. We need more than a short-term media release. We are up for making sure the gas companies prioritise Australian needs first. We are up for that and for Australian jobs. Mr Turnbull's made the promise, the prediction that gas prices will halve, that the new system will come in on 1 July. I want to hear the gas companies confirm they have signed up to this. I want to hear that. Unless, without the gas companies, it is just more talk and more crisis. I would like Mr Turnbull to explain is he just going to issue this statement by press release or are we going to put mechanisms in place that make sure Australians don't have a gas crisis? Just on the upcoming Budget next month, is the welfare and health bills good policy?The Government doesn't like to talk about the last four years. Back in 2013, they asked Australians to vote for them on the basis of the most important job for a Liberal national Government was to cut debt and cut deficit. Today, the Prime Minister and the Treasurer are changing the goalposts. It is tantamount to an admission of failure. They say they can't get on top of the debt so they will redefine the debt. This is surrender by the Government. They will change the goalposts, they are changing the goalposts. This definition of good debt, I tell you what good debt is not, it is when you...I will take this opportunity to welcome ABC viewers in Perth. We are listening to the Opposition Leader Bill Shorten holding a media conference in Melbourne. That is not good debt. This $50 billion of corporate tax give-away that Turnbull and Morrison want to give the big end of town, that will put extra pressure. The net debt of every Australian, man, woman and child, has increased by $4,000, $4,000 extra net debt on every Australian, man, woman and child, since the Liberals got elected. Malcolm Turnbull famously back in 2009, to attack the then Labor Government, got a debt truck out to highlight the debt that he said was

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