Ministers for sale

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By Leith van Onselen

If you want a textbook example of everything that is wrong with Australian politics, look no further than this, via The AFR:

Big four accounting and consulting firm PwC Australia is hosting a full-day, $12,500 a head, fundraising event for the Liberal Party at its Sydney offices where guests can “nominate up to five meetings with ministers” before attending a private dinner with Prime Minister Malcolm Turnbull and the cabinet.

The event, called the “Federal Business Policy Exchange”, also offers attendees a welcome lunch with the Turnbull outer ministry, a personalised schedule of minister meetings over six hours and optional bus transport to high-end restaurant Catalina in Sydney’s Rose Bay for the dinner, according to an e-brochure sent to potential attendees.

I recognise that both sides do this. But the wealthy elite buying influence undermines Australia’s democracy and needs to be stamped out.

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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.