Tetchy relations between business and the Liberal Party are far from new
by Norman Abjorensen
A non-Labor government in Canberra might ordinarily expect solid support from business — even if only because it is self-interestedly preferable to the alternative, with its presumed tilt towards the unions. But it’s not quite as simple as that. History tells us that the Liberals’ relationship with the big end of town can be far from cosy.
Nationalisation
The big banks won the last great war against government interference, 70 years ago.
Norman Abjorensen
Originally published in The Canberra Times 6 June 2017
The predictable howls of outrage from the big banks about the $6.2 billion levy imposed on them in the federal budget are unlikely to arouse any sympathy from the electorate, nor will the move do the government any foreseeable harm. But resistance will continue regardless – and the banks have a long history of winning. Continue reading