Bronny falls on own chopper blades

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From the AFR:

Tony Abbott has secured Bronwyn Bishop’s resignation as Speaker but has defied public anger over her spendthrift ways by clearing her of any wrongdoing and blaming the parliamentary entitlements system.

The Prime Minister accepted Mrs Bishop’s resignation and announced a “root and branch review” of entitlements in a decision he hoped would end three weeks of chaos for the government and remove a potential catalyst to destabilise his leadership.

“This is not about any one particular individual, it’s about ensuring the system is fair,” he said. But his exoneration of Mrs Bishop attracted howls of criticism from the opposition and independents and threatens to keep the issue going.

Another poor “captain’s call” to the end. From Dennis Shanahan:

An element of threat to his leadership was beginning to creep into Liberal discussions. Bishop’s resignation and the entitlements review should put such talk to bed but the damage done already will still hurt Abbott.

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Still no mention of ‘Straya in there, Dennis.

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.