Turnbull scraps Abbott’s rent-seeker council

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Bravo:

Prime Minister Malcolm Turnbull will dismantle Tony Abbott’s 14-member business advisory council which was convened to provide corporate Australia’s opinion on government policy.

…”He has decided not to continue with a formal Business Advisory Council but will continue to engage with its members in an informal and individual way.”

I suggest PM Turnbull cease engagement, period.

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.