Bligh’s 30 pieces of silver pay dividend day one

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No time wasted here betraying the Australian people:

Former Labor Premier Anna Bligh has rejected her party’s calls for a banking royal commission, after signing on to be the next chief lobbyist for Australia’s major banks.

Ms Bligh was on Friday announced as the new chief executive of the Australian Bankers’ Association, the peak lobby group for the banking sector.

The former Queensland premier immediately put herself at odds with federal opposition leader Bill Shorten, who has repeatedly called for a royal commission into the banking sector.

“Personally, I’ve always believed you get more done inside the tent and that’s why I’m excited about the opportunity to lead and shape a very compelling package of change and reforms,” she told ABC radio on Friday.

The media should take a stand here and refuse to consult this swamp denizen. As a former premier with no banking experience clearly hired for the singular purpose of distorting the policy process, this is a clear breach of public trust. Moreover, Ms Bligh will still be receiving her pension for service as an MP for seventeen years from 1995-2012 on the pre-2004 very generous terms for life.

It’s just poooooooooor look all around.

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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.