Game of Mates rolls for failed Liberal MPs

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From The SMH:

Nine of the fifteen Liberal MPs who lost their seats at the 2016 election have since been handed well-paid government jobs.

Former Northern Territory MP Natasha Griggs is the latest to land a lucrative posting, with the Turnbull government on Monday appointing her administrator of Christmas Island and the Cocos Islands – a position that pays $293,000 a year.

That’s nearly $100,000 more than she earned as a backbench MP, not including loadings and allowances…

Her appointment brings to 11 the number of former Liberal MPs given government jobs in a little over a year, including nine of the 15 who lost their seats last year…

The government also handed high-paid diplomatic jobs to two Liberals who retired ahead of the election: Philip Ruddock was made Special Envoy for Human Rights and Sharman Stone was made Ambassador for Women and Girls.

Mr Ruddock earns an estimated $1000 a day in the envoy role, while also drawing on a generous parliamentary pension…

Labor has also been accused of gifting well-paid jobs to former MPs over the years…

Labor has also engaged in ‘warehousing’ – the practice of employing former MPs as advisors ahead of another run for Parliament…

Losers. They should have taken lucrative private sector jobs linked to their former ministerial roles, just like Andrew Robb, Ian MacFarlane, Stephen Conroy, and Bruce Billson.

That’s where the really big money lies.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.