Wealth and power combine in the Senate

The Abbott government's ability to pass legislation will be greatly influenced by Australia's largest home builder, Bob Day, a keen fighter for small enterprise and self-managed super funds.

The eight senators who will determine the fate of most of the Abbott government’s legislation include two of Australia’s most successful and wealthiest businessmen – Clive Palmer and Bob Day. There is only one other self-made wealthy businessperson in Parliament – Malcolm Turnbull.

Most Australian commentary has focussed on Clive Palmer because his Palmer United Party controls three of the eight non-major party Senate votes. But the Coalition will need six of those eight Senate votes so Bob Day will carry enormous power.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles