14 August, 2018

‘Merchant banker gobbledigook’: Abbott lashes out

Tony Abbott has issued an extraordinary statement bashing his successor Malcolm Turnbull’s “merchant banker gobbledigook” after suffering a resounding defeat in the Coalition party room on energy.
The former PM could reportedly muster only four strong backers. 
The former prime minister went into Tuesday’s all-important meeting attacking Mr Turnbull’s proposed National Energy Guarantee policy as “very dangerous”, warning of higher power prices if a mandatory carbon reduction target was imposed.

It was a tactic that worked well in 2009, when Mr Abbott used internal dissent over Mr Turnbull’s backing of the Rudd government’s proposed emissions trading scheme to seize the leadership.


Read The New Daily story by Jackson Stiles - “‘Merchant banker gobbledigook’: Abbott lashes out.”

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