“Ten flags” Tony blows flag budget

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From the AFR:

CaptureFederal politicians spent over $500,000 on flags in the second half of last year, but their patriotic zeal may be dampened after the Treasury tightened its flag budget from July 1.

Liberal MP and former Australian tennis hero John Alexander topped the flag spending at $17,949, followed by independent MP Bob Katter on $13,320 and and National MP Bruce Scott on $12,236.

Go Team Australia.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.