Chris Bowen defends $150m climate presidency budget

Energy Minister Chris Bowen defends the $150 million budget allocated for Australia's presidency of COP negotiations at the UN's climate conference, including $50 million for the conference itself and $100 million for broader Pacific engagement. More than 100 bureaucrats have been assembled for the role, with $485,602 spent on business class international travel in January and February alone. The interview also covers the government's capital gains tax reforms and their impact on housing affordability and small businesses.See omnystudio.com/listener for privacy information.