Peta Credlin:
Well, welcome back. It’s a sign the budget’s already starting to bite across the country on the weekend. Auction rates, this is the clearance rate fell to a six-year low. You’ll see there on the screen how auction rates fared across capital cities. I’ll also point out that in Melbourne, the median house price is now slipped back below one million.
Joining me now to discuss this and more, Deputy Executive Director at the IPA, Dan Wild and LMP MP, the bloke who stands up for diggers and gets thrown out of the parliament, the wonderful Phil Thompson joins me now.
Well, Phil, we warned, we said you changed these things, you just changed the rules when you ruled it out. You’ve got a massive state of flux now in the housing market. And even if I’m not selling my home and I’m certainly not out there to buy one, I want its value to keep going up. I want it to hold and that’s what people will be concerned about.
Phillip Thompson:
Oh, absolutely. If you look at the confidence throughout the market now, it’s plummeted. My brother works in the industry on the Sunshine Coast and he’s telling me that he’s saying that a decline in confidence within the market. People don’t want to buy. People are nervous. People just don’t trust the government, because they’re known to lie.
And if you look at those poor people who jumped on those 5% deposit schemes, they’re going to end up paying more on their house loans and with their interest, than the house is going to be worth. So I just think that this government has really have a misstep here. They’ve gone in the wrong direction and it’s going to hurt younger people that are trying to get into the market, the people that they’re supposed to be focused on.
Peta Credlin:
And of course, we’ve talked a lot about negative equity down on an investment property, but I was reading a story today of people that were quite happy to be paying positive equity, if I can talk to that point. Sorry, positive gearing is the better term for it. But because of the way the yields are, they’re not getting much back from rent and how high mortgages are, you can’t even get a home that you can have positively geared. So you’ve got all of these people exiting the investment market. Great if you want to buy a home. Pretty bad if you want to sell one.
Daniel Wild:
Well, that’s right. I mean, it’s pretty clear the government’s completely stuffed it. They don’t know what they were doing. I don’t think the treasury knew what they were doing either. Although the treasury secretary did say the quiet part out loud when she basically said, “This is about revenue, not home ownership.”
And we know that’s the case because if you want to get more people into homes, there’s two things you’ve got to do. You’ve got to cut immigration, which is the number one driver of demand and you got to build more homes. The government’s doing neither. In fact, the budget committed to more migration, 1.3 million more people coming into the country. No more homes getting built. In fact, the National Housing Accord, which is a complete joke, has met zero out of 21 housing targets every single monthly target missed. So we know the government’s not air dinkum when it comes to getting more Australians into their own home.
Peta Credlin:
Hey, Phil, explain this one for me. If you wanted to go back into the army and put the uniform on, your fitness test, your strength tests would be different than mine. Only you could tick a box to say you’re trans and you’d get to do my fitness test, not the biological male fitness test. That’s reports that are today we learn about only because of an FOI from the Daily Tele. You’ve been a soldier. What do you make of this?
Phillip Thompson:
I think it’s complete ridiculous. It is a social experiment that has been let out of Canberra. I’ve been in a gunfight and when you’re digging in with your eyelids and it’s all gone bad, you don’t look over and go, “Oh, I wonder what gender Sean is calling himself today.” No one cares.
The ADF in the army, there’s an old saying, “We hate everyone equally.” You’re all the same. There is no special treatment. There is no identity crisis. And these commanders and leaders need to be focused on the real thing at hand here. It’s training our brave men and women to be in the fight.
The role of the ADF is to fight in and win our wars, not partake in social experiments, not partake in what we’re seeing here when we’re trying to roll out different identity politics. This is not a place for that. This is a place for our brave to train, because if we need them, whether it’s in natural disasters, peacekeeping or in combat, no one gives a stuff about what someone wants to call themselves. They need to be meet one standard. That’s it. We’re all the same. Doesn’t matter what you want to call yourself on the weekend, we’re all the same and that’s where it needs to go back to.
Peta Credlin:
Hey, I’ll go to other issues, but you’ve had some wins. You’ve really taken on the government, you’ve taken on the Veterans Minister. We’ve talked about the beds before, but there’s now an Invictus win and you’re hoping for more.
Phillip Thompson:
Absolutely. So we’ve seen Invictus Games get funding for three years, which is fantastic because that event saves lives. It really does. It’s an adaptive sports programme that has rolled out nationally, but also it goes international and you get to travel and meet like-minded people around the world. We’ve seen the beds get their funding reinstated and thank you, Peta, and to Tony Abbot for being in the flight with us on that.
It’s ridiculous. The money should actually be extended. There should be more of it to get the VC recipients and people like Doug out there talking to people about it. But we want the government to change their position on the $5,000 cap. Someone said to me just yesterday, said, “Oh mate, it must be a big weight on your shoulders taken up that fight.” And I said, “Well, that weight is nothing compared to the weight of a coffin of a friend of mine that I may carry, because they can’t get themselves out of a hole.” This government needs to rethink their priorities and put our veterans first.
Peta Credlin:
Beautifully said, mate. Poignantly said. Let’s go to the reports today in relation to the Australian Human Rights Commission. They have said, this is the Human Rights Commission, that a prominent driver of increased racism against indigenous Australians is that quote, “Some politicians and local governments have promoted anti-welcome to country agendas and that they have denounced the presence of Aboriginal and Torres Strait Islander flags.”
I kid you not, Dan, they are now taking us to task that we are suddenly the racist because we’re questioning the whole welcome to country nonsense. And it is nonsense, because none of us have ever been asked in the first place whether we want to start every event now in this country with what has become the new official religion of Australia.
Daniel Wild:
Well, that’s right. I mean, this is another reason why the Australian Human Rights Commission needs to be abolished. I mean, why are taxpayers funding this nonsense? And when we were asked about whether we want to be divided by race with the voice to parliament, we said no.
60% of Australians said, “No, we don’t want to be divided by race. These welcome to country ceremonies have gone too far. I reckon they should all be replaced with the national anthem.” Let’s do something to unite us rather than something to divide us, but these jokers should be sent packing.
Peta Credlin:
Yeah, Phil, I’m fine. I went to the Dreamtime match, Richmond versus Essendon at the G, and it’s an indigenous round. I was happy enough to be there for a welcome to country at that particular match that weekend, but not everywhere and not all the time.
Phillip Thompson:
No, and not on the plane that you get on and where you land. I don’t think that’s appropriate. When I was on Palm Island just recently, I had someone comment on there and trying to troll me and say, “Oh, I hope you did an acknowledgement of country.” And I reminded them that the Palm Island Council nor the mayor did a welcome to country. They got on with the citizenship ceremony, the first ever done in an Aboriginal community, which I thought was great.
I just don’t think that we need to be seeing an acknowledgement or welcome to country every time someone stands up in a boardroom, every time someone opens a door. I think it’s ridiculous and it’s lost all of its potential meaning. And just send an average of prices all over this.
Peta Credlin:
I got to go. I got to go enjoy the fiery week of parliament. Thank you to you both. That’s it for me.
This transcript of Daniel Wild speaking on Credlin Sky News Australia from 2 June 2026 has been edited for clarity.
