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It’s falling apart time:
The Morrison government has taken another blow in the aftermath of last week’s leadership spill, with Liberal backbencher Julia Banks declaring she will quit Parliament at the next election in a decision that puts a key marginal seat in play.
…Her decision is a devastating blow for the government because its survival depends on its ability to hold ground like her seat of Chisholm in suburban Melbourne, which she won by a margin of just 1.6 per cent at the last election after leaving a successful career in business.
She should go now.
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.
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