Clik here to view.
The LNP backbenchers are throwing tantrums again over their mates in the big end of town having interventionist policies applied to their dodgy business practices.
Liberal backbenchers are warning they will not tolerate any more direct intervention in the affairs of big business, saying this week's party room unrest over the new accountability regime for banking executives was just the tip of the iceberg.
Coalition MPs said the protest registered this week by three Victorian Liberals against the Banking Executive Accountability Regime was not a defence of the banks but a message to Malcolm Turnbull and Scott Morrison of a growing unhappiness with the interventionist approach by the government.
While some conceded the direct intervention in the energy sector may yield a political dividend, there was a view the government's measures against banks had flopped politically because they were seen as a response to Labor's calls for a royal commissions.
"The political benefits have been marginal, maybe not on energy but on banks because people don't see it as going far enough," said one senior Liberal.
"The real problem is we opposed a royal commission and we have got zero political benefit for it."
Asked whether the Coalition should have just called a royal commission and controlled the process, he said: "A month ago, I would have said 'no'. Now it's a much closer call."
"Control the process" is a euphemism for HIDE the CRIMINAL INTENT.
We will get our Royal Commission via the Labor Party. The latest Turnbull attack on Shorten is showing just how low they can go and how much money is spent on trivia to protect the crooked banksters. The public can see whats going on but they can also SMELL the putrid ODOUR of dirty politics.
Read more here >> http://www.afr.com/…/enough-is-enough-on-market-interventio…
