The cheap whores of Canberra

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How amusing is this chart (in the usual dark way):

In short:

  • $14.7m to keep the pokies rort running.
  • $9m to sustain the pharmacy monopoly.
  • $4 to prevent the banks from being regulated.
  • $1.4m for whatever HB clients want.
  • $1.2m to prevent the taxation of mining.
  • $1.05m to protect negative gearing and capital gains concessions.

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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.