David Crisafulli orders Verian, The Lab Insight and Strategy, Fifty-Five Five polling
You can now listen to The Australian's articles. Give us your feedback.
You can now listen to The Australian's articles.
David Crisafulli's department has quietly commissioned more than $650,000 in taxpayer-funded polling and market research in just five months, after he criticised former premier Annastacia Palaszczuk for doing the same thing.
Government spending disclosures show Mr Crisafulli's Department of Premier and Cabinet ordered four tranches of 'market research' and 'concept testing' from polling and research companies The Lab Insight and Strategy, Verian Group, and Fifty-Five Five between December and April, at a total cost of $651,107.
The Australian revealed ahead of the 2020 state election that Labor premier Ms Palaszczuk's department had spent $528,000 for Ipsos to do Covid-19 polling and market research.
She refused to release the data. But in February last year, her successor, Labor premier Steven Miles, eventually published thousands of pages of research dating back to 2020.
The Labor government ended up spending more than $1m surveying Queenslanders on issues such as youth crime, the Brisbane 2032 Olympics, the Indigenous voice to parliament and pandemic border closures.
As opposition leader, Mr Crisafulli was highly critical of Ms Palaszczuk's decision to order the research and not release it.
In parliament in November 2023, he accused the premier and her government of having the 'wrong priorities' and focusing on spending 'hundreds of thousands of dollars to try to secure its political future'.
'The premier always says that the only poll that matters is the one on election day. Why, then, would she spend hundreds of thousands of Queensland taxpayers' dollars to save her job today?' Mr Crisafulli said.
'Why do we have a government so focused on its own survival rather than on what Queenslanders are experiencing in their lives?
'Queenslanders are living with a health crisis, a youth crime crisis, a cost-of-living crisis and a housing crisis. This government's focus is on how it can get secret polling to try to save itself from facing its date with destiny.'
During the Covid pandemic, then Queensland premier Annastacia Palaszczuk commissioned taxpayer-funded polling and market research but refused to release it. Picture: Dan Peled
When Steven Miles succeeded Ms Palaszczuk as premier, he published the taxpayer-funded polling. Picture: Lyndon Mechielsen
At the same time, Mr Crisafulli's LNP opposition moved a motion in parliament in an unsuccessful attempt to force Ms Palaszczuk to release the Ipsos polling.
Then opposition integrity in government spokeswoman Fiona Simpson – now Mr Crisafulli's Minister for Women – said there was 'simply no justification for this secret polling to continue to be locked away from public view'.
On Thursday, The Australian asked Mr Crisafulli's office to release the research, to commit to releasing any in-progress research once complete, and to detail the terms of reference for each contract, but was rebuffed.
A government spokesman said 'concept development of policy campaigns and the development of their corresponding communication campaigns is a longstanding practice employed across the Queensland government, and is a vital step to ensure critical communications resonate with Queenslanders and is effective'.
'An example of this work undertaken by the Queensland government is the anti-bullying campaign, which engaged directly with parents, teachers and students to ensure anti-bullying messaging was as effective as possible in driving down bullying in schools,' he said.
The spokesman did not answer questions about what methodology – such as focus groups – the market research companies were using, and declined to give a full list of what topics or policies were being canvassed with voters.
In parliament in September 2021, opposition MP Laura Gerber – now Mr Crisafulli's Youth Justice Minister – called for the Palaszczuk government to release the pandemic-related polling and be 'open and accountable'.
'This is public money,' Ms Gerber said.
'At the very least, Queenslanders deserve to see what they got for their half a million dollars. Taxpayers deserve to see the results of the secret polling they paid for.'
Sarah Elks
Senior Reporter
Sarah Elks is a senior reporter for The Australian in its Brisbane bureau, focusing on investigations into politics, business and industry. Sarah has worked for the paper for 15 years, primarily in Brisbane, but also in Sydney, and in Cairns as north Queensland correspondent. She has covered election campaigns, high-profile murder trials, and natural disasters, and was named Queensland Journalist of the Year in 2016 for a series of exclusive stories exposing the failure of Clive Palmer's Queensland Nickel business. Sarah has been nominated for four Walkley awards.
@sarahelks
Sarah Elks
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

ABC News
9 minutes ago
- ABC News
As property prices rise, so are home renovations for multi-generational living
In a wealthy, riverside suburb of Sydney they built an architecturally designed house for under $900,000. "It's a huge bargain," Georgia Booth says of the airy three-bedroom brick home she moved into nearly five years ago with her partner Adam Farrow-Palmer. The catch? The house sits on top of her in-laws' house. When the couple considered buying their own home, Booth says they realised anything remotely close to Sydney's inner city was beyond their budget. Building on their parents' block was a tempting solution. While $900,000 is a sizeable amount of money, Sydney's median house price was $1.2 million the year they built. In their suburb, Lane Cove, the median house price was $2.6 million when they built and is now $3.2 million. But their motivations weren't purely economic. "The mutual benefit of Adam's parents helping us with our future kids and us being able to help as they got older and needed a bit more assistance was appealing,' Booth says. As more Australians rely on family support to enter the housing market, the backyard of mum and dad is becoming an option. For some members of the so-called "boomerang generation" returning to live with family isn't a choice but a necessity in hard economic times. For others, multi-generational living in the form of renovations, second dwellings and granny flats is a positive twist on the tired, sad tale of Australia's housing crisis which is providing social, economic and environmental benefits. Since Booth and Farrow-Palmer's "Lane Cove House" won national architecture awards and widespread media attention in 2023, the architects behind the project have been fielding calls about creating similar projects. "There are a lot of people in Sydney in their 30s who are faced with the options of either moving out of the city or trying to work out a way to leverage the asset that their parents bought at a time when it was more feasible to do such a thing," says Harry Catterns, co-founder of SAHA architecture studio. Catterns says SAHA has completed three multi-generational or co-housing projects and has another four currently in progress. By building above the original house, Catterns says Lane Cove House preserves the garden, capitalises on the views and provides privacy for both households. He believes the house is a great template for what can be achieved on a typical suburban block. But it's not without risk. The new dwelling is technically an addition to the existing one. What if the couple divorced, or Adam's parents wanted to move out? "We had a lot of difficult conversations going into this," Booth says — and there were no easy answers. She also had to consider the implications of multi-generational living. Could she live with her extended family, would it be an imposition on them, would she feel like she didn't have her own space? Several years on, she says the experience has been overwhelmingly positive. There are impromptu conversations in the backyard over juicy homegrown fruit, the sharing of neighbourhood gossip, an open pantry policy, and the singular, boundless joy that exists between grandparents and their grandchildren. "There's easy access between upstairs and downstairs which means some mornings my five-year-old daughter will wake me up and say, 'Can I go downstairs and have breakfast with Nana?' And I can say, 'Yeah' without getting out of bed and she will take herself down and just hang out … with her grandparents which is so beautiful," she says. "And I still feel like I have my own space." The negatives? "If I have a fight with my partner, as everyone does, I sometimes think, 'Oh, did they hear that?'," she says. "Occasionally we have different desires about what we want to do with the shared spaces like the backyard." Catterns says these types of additions to existing houses improve density in established suburbs without ruining their character. Australian cities are some of the most sparsely populated in the world. Increasing density can help reduce urban sprawl and improve access to the services and infrastructure — like public transport, schools and jobs — that exist in established suburbs, which in turn leads to shorter commutes and lower emissions. At his own house in Malabar, (which he purchased with help from the bank of mum and dad) Catterns and his partner converted a cavernous six car garage — once owned by a race car driver — into a second home which they rent out to friends at half the market rate. Adding more people to the block has improved their quality of life, not diminished it. "We have a young boy, and the family downstairs have two young kids and we're sharing care between them, taking the pressure off each other… [and] living in a socially connected way, sharing dinner and sharing meals," he says. "I think it's an incredibly enriching way to live." But getting additional dwellings to existing blocks approved can be difficult. "In my experience, in terms of the complaint letters that we see, people are very scared that a secondary dwelling is going to be used as a really transient rental property for Airbnb, which comes with all the fear around parties," Catterns says. "But the parking is the thing that stops a lot of projects from happening." When Nola Young hears her two-year-old grandson playing in the backyard it fills her with happiness. Six months ago, her son and his family moved into what had been a large brick garage on the quarter-acre property she shares with her husband Alan on Melbourne's northern fringe. Young says her son and his wife were renting and "could barely keep their head above water" let alone save for a house deposit. So, when new granny flat laws came into effect in Victoria in 2023 they decided to act, spending $120,000 to convert the garage into a home. "We were very frugal," Young says. "We can't provide gold taps and mansions; it's a very humble house, and a very small house. But it is a roof over their head and it's a step up for them and its stable accommodation and they love it." But care flows in both directions, says Young, who looks after her grandson one day a week. There are shared meals, errands run and for Young, who uses a wheelchair, the comfort of knowing family is nearby when her husband is out. Young says they wanted to help their son when he needed it most, rather than waiting until later in the form of an inheritance. But helping one son means assisting their other son — something they're still figuring out how to do. "You must be fair," Young says. "As parents you need to be." Exactly how long her son and his partner will live in the garage-turned-granny flat is unknown, but for now, Young says it's a great solution in tough economic times. Several suburbs away, another Melbourne family is accommodating two generations of adults on one block. Maddy McMaster has lived in a five-bedroom Edwardian house in a leafy Northcote street since 1994. It's the house she shared with her late husband. The place they raised their children and built a life. Rambling around the large old home didn't seem like a sensible future for McMaster but neither did leaving the suburb and community she loves. She'd often dreamed of building a small house at the back of her block. "But that was a bit of a fantasy," she says — until her son suggested that he could fund the build and move into the house. "So that's what we did." Her son spent $800,000 building a small two-bedroom dwelling which faces the side street. It's not a "cheap" build, but McMaster now has a modern, comfortable house designed for aging in place. "I'm about to turn 70 and … it's fantastic to think that I'll actually be able to stay longer in my own house because I have got that support right next door," she says. Being able to live in the inner-city suburb also appeals to her son and his partner. "The idea of paying a couple of million dollars now to live in this part of Northcote is way beyond your average 30-year-old," McMaster says. Treating both her children fairly is something McMaster says she's sorting out in her will — which will allow her son to stay in the old house and account for the money he has invested in the second dwelling. McMaster says her daughter lives overseas and "is really happy that I'm going to be getting older with support, when she's actually not able to help me from New Zealand". Architect Ben Callery, who designed McMaster's house, says putting multiple families on one property has many benefits. "It's increasing the density, which is a much more sustainable use of our land," he says. "We're able to build something new that's much more high-performance energy wise and socially… we can keep people in their existing communities rather than move them out to an aged care facility." Michael Fotheringham, managing director of the Australian Housing and Urban Research Institute, says there's a general shift occurring in different jurisdictions to increase infill development. What's often referred to as the "missing middle" — medium density development such as town houses, secondary dwellings and low-rise apartment buildings. But there is little data available on how many of these developments are for intergenerational living, he says. Whatever the numbers, he argues, every little bit helps. "I think we need to move past the notion that there is a single thing we can do that will solve the problem, that there is one policy lever that will fix the housing challenges we have," he says. "We need to be thinking well, is this a positive step, will this work towards a better solution?" Infill development, especially in the form of multi-generational living, requires compromise and space is often the first thing jettisoned. When architect Qianyi Lim purchased a 360sqm block of land in inner Sydney with a weatherboard cottage at the front and a dilapidated stable at the back, her intention was always to build two family homes on it. One home for her family and one for her sister's family. While sharing the cost of the project had economic benefits, the sisters wanted to recreate the type of multi-generational living — and the sense of community — their mother experienced growing up in Malaysia. Lim's mother had lived in a multi-level house above a shop overflowing with family whose lives, dreams and futures were interconnected. "The stories that we heard from that sounded incredible, dinner was eaten in rounds," she says. Living in the inner city means the families don't need a lot of space, she says. "We're out in the parks and we don't need a huge backyard to ourselves because the city of Sydney provides these incredible playgrounds that are far more exciting for our children than hanging out in a small patch of grass," Lim says. Lim also wants to see Australia embrace the design of intergenerational spaces such as early learning sites mixed with aged care facilities or student housing. "There's so many benefits in bringing the older generations and younger generations into the same space," she says. "I think it would be great to see that brought to Australia because we also have a very big issue with providing quality care for older citizens." On the home front, Lim says multi-generational living will most likely flourish in the future. She says more people are approaching her interested in designing homes for diverse family groups. "This type of housing is definitely on the rise."

The Australian
37 minutes ago
- The Australian
Luxury meets sustainability in Melbourne
Experience a first look at Melbourne's brand new 1 Hotel – a place where Victoria's natural environment is celebrated in every element of your stay. 1 Hotel Melbourne is unlike any other experience in the city. A retreat right on the Yarra, the hotel honours the city's natural beauty and vibrant heritage in everything it does. The commitment to sustainability, and reverence for Victoria are reflected in everything from the design elements to the locally-focused menus of its signature restaurant, From Here by Mike. Featuring 277 guest rooms and 114 hotel-branded residences, as well as several dining options, 1 Hotel Melbourne merges luxury and nature through its design and interiors. More than that, it honours Melbourne's heritage in a sustainable way. For example, during construction, heritage-listed materials from the city's old Goods Shed No. 5 were reused and restored to begin a new chapter in the city's story. Decorated with 7000 plants, the interiors of 1 Hotel emphasise its focus on nature. The lush atmosphere is enhanced by light streaming through the expansive glass walls – connecting guests to Melbourne with views of the Yarra River and beyond. Repurposed wharf materials are woven throughout the property's design, used to both enhance the aesthetic and fill functional roles. For example, 1944 bluestone pavers from the old Goods Shed No. 5 have been preserved to form a heritage footpath. Other materials reused include subaquatic wharf timbers, railway sleepers, steel trusses, and even window frames have been restored to celebrate Melbourne's history. Signature restaurant From Here by Mike has been created in partnership with celebrated Australian chef Mike McEnearney. With a focus on local ingredients and a low-waste approach, the restaurant heroes Victorian producers, showcasing the quality and variety of produce available close to Melbourne. Menus will evolve throughout the day, but all retain the same ethos of low waste and sustainably grown food. There will be a focus on local growers, with diners encouraged to learn more about the people behind their meals. The wine list will also focus on local boutique growers, with a map showing the different regions each wine comes from. For those looking for a more relaxed atmosphere to enjoy a drink, the ground-floor Crane Bar and Lounge offers locally distilled spirits alongside Australian wines, in a space designed to encourage connection – both with fellow guests and Melbourne's vibrant surroundings. Wellness is also central to the ethos of 1 Hotel Melbourne, reflected in its dedicated wellness area. This includes a stunning indoor swimming pool, the Bamford Wellness Spa, a gym, sauna, steam room, jacuzzi, and even ice baths for guests to enjoy. Located on the banks of the Yarra, 1 Hotel Melbourne invites guests to slow down and take time to appreciate everything the city has to offer. Perhaps take a coffee to the gardens outside, or relax with a glass of local wine as you watch Melbourne evenings come to life. Be among the first to experience 1 Hotel Melbourne, where nature and luxury converge to create an extraordinary retreat in the heart of the city. Reservations are now open. To book your stay or learn more, visit 1 Hotel Melbourne.

ABC News
3 hours ago
- ABC News
Alan Kohler on inflation and the Israel-Iran conflict
Sam Hawley: A week since Israel began the conflict with Iran, there's been no great shock to the global economy. But a further escalation in the conflict could see crude oil and petrol prices surge, leading to nations, including Australia, having to deal with rising inflation once again. Today, the ABC's finance expert, Alan Kohler, on what that would mean for us and why, for now at least, we shouldn't be too worried. I'm Sam Hawley on Gadigal land in Sydney. This is ABC News Daily. Alan, when wars break out, we know it can have a huge impact on the global economy and on the Australian economy, on us. We saw that, of course, most recently when Russia invaded Ukraine, didn't we? Alan Kohler: We did. There tends to be two sorts of impact. One is short-term, one is longer-term. So the short-term impact tends to be negative, in the sense that the oil price goes up. So when Russia invaded Ukraine, the oil price jumped 30%. News report: With war in Europe continuing and some oil producers unwilling to increase production levels amid global demand, there's no relief in sight for customers. News report: Petrol prices have gone up and up and up. At the end of February, they hit an eight-year high of around $1.82 a litre. In the last two weeks, bowsers have hovered around $2.20. Alan Kohler: But within eight weeks, the oil price was back at its pre-invasion level, and that's because the impact longer-term is to weaken the global economy, to reduce demand. And so there tends to be kind of this two-part for all of these kind of things. Sam Hawley: Alright, well, let's unpack then what we could see now this Israel and Iran conflict is underway. And, of course, there's a prospect that it could escalate. So let's start with the price of oil. What are we seeing so far? Alan Kohler: So, so far, we saw when Israel attacked Iran on Friday, the oil price jumped 10 or 11% immediately. News report: Escalating attacks between Israel and Iran prompt new fears of a global energy crisis and recession. News report: Crude oil prices spiked by more than 10% as the escalation of the Middle East tension threatened supply. Benchmark Brent crude prices climbed above 76 US dollars a barrel to the highest level since February this year. Alan Kohler: And then it started to fall and went a lot of the way back to where it had been. That was on Monday and Tuesday. And then, since then, as Donald Trump has increased his bellicose rhetoric and started talking about possibly attacking Iran himself, that is to say America, getting involved, the oil prices started to rise, not sharply, but steadily. And it's close to being back to where it was on Friday. So it got to 76 dollars a barrel on Friday and now it's back to 73, 74 dollars a barrel. But again, it's not what you'd say some sort of big dramatic impact so far. And I think part of the reason for that is that the expectation is that global oil supplies will exceed demand this year. The International Energy Agency put out a report on Tuesday in which it forecast demand and supply this year for oil and it's forecasting an excess of supply over demand. And the other factor is that Iran produces about 3.3 million barrels of oil a day and the expectation would be that even if that was completely knocked out, the other suppliers, in particular the UAE, Saudi Arabia and others, could easily cover that loss and probably would. So there's no kind of panic going on, even at the prospect that Iran is completely removed as a supplier of oil. Sam Hawley: Yeah, alright. But just a reminder, of course, the price of oil matters to us because it matters to the cost of petrol. Alan Kohler: Oh, well, look, I think the expectation would be that what happened on Friday would put about 12 cents per litre on the bowser price of petrol. At the moment, we're looking at an extra 8 or 9 cents per litre. Sam Hawley: Well, Alan, Jim Chalmers, the Treasurer, he says he's being briefed daily about the consequences of this conflict on the economy. Jim Chalmers, Treasurer: Big risk here is obviously oil prices. We saw a big spike on Friday in the price of oil. That has implications for Australians at the petrol bowser. And there's a lot of concern about what it might mean, not just for inflation, as important as that is, but also global growth. Sam Hawley: A week into this new conflict between Israel and Iran, there hasn't been a huge shock, of course, for our economy yet or a huge shock for oil prices. But there is so much uncertainty, isn't there, Alan? And there is a number of factors that go into that. Let's start by discussing the Straits of Hormuz. What happens there is really important, isn't it? Just explain that. Alan Kohler: Well, it's the narrowest part of the Persian Gulf between Iran and Oman. And it's theoretically possible for Iran to block it by bombing ships that go through it. And I think it's fair to say that ships are starting to avoid it already. They're certainly avoiding the Red Sea, but because of Yemen, what the Yemenis are doing. But yes, look, there's 25% of the world's seaborne oil goes through the Straits of Hormuz. So, yeah, that'll be a big deal if they block that, if they're able to. I mean, there's a bit of a question as to whether they can actually do it. And I think it's fair to say that it's not entirely in their hands. I mean, they could try, but then both America and Israel would probably see to it that they can't. Sam Hawley: Yeah. Alright. Well, Iran is positioned on the northern side of the Straits. There is a slight concern, isn't there, that that could actually happen. That would have a huge impact, wouldn't it, if that did happen? Alan Kohler: Oh, yeah, sure. Sam Hawley: And there's a lot of unknowns at the moment, but that would have a huge impact on the price of oil. Alan Kohler: Potentially would, yeah. If the Straits of Hormuz were successfully blocked by Iran, that would have a big impact on the oil market. The oil price would spike, and the global economy would suffer as a result. And so would ours. Sam Hawley: Well, another factor, Alan, that we should watch out for is if Israel targets Iran's Kharg Island. Tell me about that. Alan Kohler: It's where Iran produces its oil. I think about 90% of its oil comes from Kharg Island, and, you know, it's vulnerable. It's kind of an island off Iran in the Persian Gulf, and it could be destroyed, I think. It's fair to say. Sam Hawley: Yeah, and a lot of that oil goes to China, I think. Alan Kohler: That's right. In fact, if not all of it, certainly most of it goes to China because of the sanctions that were imposed by Western countries on Iran. So, look, I think the expectation is that Israel would look to destroy Kharg Island if it was trying to bring about a regime change in Iran, because the feeling is that if Iran went broke, then the regime would tend to possibly be overthrown because there would be no money for anybody. And so that's certainly a possibility that they'll do that. They seem to be more interested in bombing, you know, the uranium enrichment sites than that at this stage. Sam Hawley: Mm. Alright, well, the impact on our economy does all sort of hinge on the cost of oil. As you say, it's pretty stable at the moment. It's been going up and down a bit. But just explain to me so we understand this. When we pay more for oil and then petrol, that can really hurt us in so many ways, can't it? When the cost of petrol goes up, that means the cost of lots of other things goes up too. Alan Kohler: Well, of course, that's right. We haven't got that many electric cars and electric trucks yet. We're still filling the cars up with petrol mostly and it obviously acts like a tax increase and, you know, obviously increases the price of deliveries and everything. So fuel tends to go through the entire economy when the price goes up. And so it acts like interest rates in a way. A rise in interest rates slows the economy because it affects so many people. The majority of people have a mortgage and that therefore affects them and also the businesses. So it's a fuel increase, price increase, acts a bit like an interest rate increase. Sam Hawley: Yeah, and that all leads to rising inflation, obviously, which the Reserve Bank has just brought under control. Alan Kohler: That's right. And so that's the fear is that if inflation rises as a result of rising fuel costs, then the interest rate cuts that are currently expected will not arrive. And so it's a sort of a double whammy, really. You get the higher petrol price and then you get less of a rate cut or no rate cut maybe. Sam Hawley: Can we look ahead any further at this point or is it just completely unknown what the Reserve Bank would have to do at this point? Looking right now, are we still going to get those two or three extra rate cuts? Alan Kohler: Well, look, in terms of the futures market, last Thursday, the futures market expectation for a rate cut in July was 97%, so virtually a certain 100%. And on Monday, it came down to 80%. So still very likely the rate cut in July, according to the futures market, but less likely than it was. And I think that's fair enough. I mean, my expectation is that there won't be a cut in July because I think the Reserve Bank has made it pretty clear they're not that keen on back-to-back cuts sort of in a row. And that means that there wouldn't be one in July, but there would be one in August and then not one in September and then one in November. I think it's still reasonable to expect two more rate cuts this year from the Reserve Bank, but obviously, you know, that depends on what happens from here. But as things stand with the petrol price where it is, I think that you can still expect rate cuts. But as I said, a petrol price increase acts like a rate hike in a way, and so that would sort of tend to cut it out. I mean, it's kind of a bit complicated in the sense that, yes, a petrol price increase increases inflation and therefore makes it less likely that the Reserve Bank cuts interest rates, but it also tends to slow the economy, which is what the Reserve Bank is trying to fight against. So the Reserve Bank is cutting interest rates because it wants to boost the economy. But if petrol prices go up and it acts like a rate hike, then in order to counteract that, the Reserve Bank might be inclined to cut interest rates more to try to counteract the impact of the petrol price increase. So it depends on how it actually unfolds and what actually does happen to inflation rather than, you know, the sort of theories about it. Sam Hawley: All right. Well, no need by the sound of it for the Reserve Bank to panic just yet. But if this becomes an extended conflict, if other nations, including, of course, the United States, gets involved, I guess that could change the whole scenario. Alan Kohler: Look, it could. I think the markets are pretty calm at the moment because the expectation is that it'll all be confined to Iran and that if the worst happens and Iran is removed as a producer of oil, then everyone can handle that. It'll be okay. The only problem would be if it really did expand to include other big oil producers, which is not out of the question but very, very unlikely. You know, Iran has threatened in the past and has used its proxies in Yemen to attack Saudi Arabian production facilities. So it's not completely out of the question that Iran would have a go at that. But, you know, I think they're on the back foot at the moment. There's no doubt about it. I mean, they're in trouble, Iran. And I don't think that there's any expectation, really, that they're going to be in any kind of position to attack anyone else. So, you know, I think that it doesn't look that likely that it's going to spread and become a major conflict where Iran attacks someone else. I just don't... That doesn't look like it's at all likely. Sam Hawley: Alan Kohler is ABC TV's finance expert. This episode was produced by Sydney Pead and Sam Dunn. Audio production by Adair Sheppard. Our supervising producer is David Coady. I'm Sam Hawley. ABC News Daily will be back again on Monday. Thanks for listening.