Loon pond mulls Coalexit

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Hot off the press:

Conservative senator Cory Bernardi is in talks to break away from the Liberal Party to become the figurehead for a conservative party which would hoover up all the right-wing votes Prime Minister Malcolm Turnbull is accused of bleeding in his disastrous election campaign.

“Bernardi is actively seeking this job,” a Liberal source has told Fairfax Media.

Senator Bernardi on Wednesday posted a blog entry on his website stating that the election result is a “disaster” and that it is important to unite “Australian Conservatives…regardless of their party affiliation.”

He has asked fellow conservatives to register their interest at a website called “conservatives.org.au”.

Senator Bernardi did not return calls but said in a text message he was “on leave” and had “nothing to add” from his comments earlier in the week.

Go for it. Please!

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.