Politics Now Pauline's 'sexy' plane and big money politics
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Apr 29, 2026 They unpack a sharp inflation jump to 4.6% and blame fuel shocks from the Middle East. They debate political spin and budget pressure as leaders weigh tax choices. The prime minister’s pre-budget framing and a ruled-out gas profits tax get scrutiny. A social media post about a donated private plane sparks discussion on optics and big-money influence in politics.
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Fuel Shocks Have Reaccelerated Inflation
- Inflation jumped to 4.6% year‑on‑year in March, driven largely by fuel shocks from the US‑Iran war.
- Patricia Karvelas and David Speers note this is the highest since Sept 2023 and risks prompting another interest rate rise amid mortgage pain.
David Speers' Early Traffic Reporting In A Cessna
- David Speers recounts his early job as a traffic reporter flying in a two‑seater Cessna around Melbourne.
- He contrasts that shakier plane with Pauline Hanson's slick Cirrus G7, explaining why 'sexy' fits her video.
Headline Versus Underlying Inflation Divergence
- Headline CPI 4.6% contrasted with lower underlying inflation at 3.3%, and markets had expected 4.8%.
- David Speers highlights the fuel excise cut wasn't reflected in these figures, so near‑term readings could shift downwards.