I have just met with a group about small business with Michael McCormack MP and Kate Carnell Australian Small Business Ombudsman. My thanks to Andrew Laming MP for organising this most constructive meeting.
It was a mood of anti-banks first and anti-government second.
My thoughts are that both emotions are ill directed. Their anger should instead in my opinion, be directed at APRA Chairman Wayne Byres who sits on, I believe, $1 million a year income and is ignorant of the property market that he is meddling in.
He is unknowingly – or deliberately? – wreaking havoc on the economy, jobs and the growing two million army of underemployed in Australia.