Malcolm Roberts (Queensland, Pauline Hanson's One Nation Party) Share this | Link to this | Hansard source

Qantas CEO Vanessa Hudson recently declared that no new airlines could survive in Australia; that was about Bonza. We've since seen Rex's demise, leaving two companies running three major airlines in a market worth $20 billion a year.

One Nation believes free enterprise competition delivers the highest quality product for the lowest price to the most people. Competition best meets people's needs. In Australia, we do not have free enterprise competition; we have crony capitalism. Those are not the same thing; they're enemies.

Crony capitalism occurs when a cabal of companies acts together to capture production, manufacturing and delivery, to provide the lowest quality product at the highest possible price. That arranged market domination inevitably lowers wages and transfers wealth from working Australians to crony capitalists.

Anyone who shops in foreign-owned-and-controlled Coles or Woolies will have noticed that everything is smaller, cheaper and doesn't work like it used to. That's crony capitalism at work. The world's largest wealth funds have bought out Australia and turned our once-loved companies into weapons of mass exploitation. Our corporate sector no longer serves us. Instead, we serve the corporate sector, including by the forced purchase of fake medical products during COVID.

One Nation believes government regulation—including of airlines, banking and the medical field—does not protect the public against corporations; it protects the corporations against new competition and, therefore, against the people. High levels of regulation are barriers to entry to new players, allowing large corporations to thrive while small local players like Rex are strangled and wiped out. Masses of regulations protect corporations with expensive lawyers against court cases.

If you believe it's time to reduce regulation, to reduce the presence of foreign corporations and governments in our economy, if you believe it's time to unleash real competition, to solve the cost-of-living crisis and provide better choices, then welcome to the light. Welcome to One Nation.