Monday 29 May 2017

IN MATES WE TRUST: that all too familiar stench begins to drift across Parliament Drive once more


Prime Minister John Howard with Bob Day then a Liberal donor and party figure
The Sydney Morning Herald, 11 September 2008

On 17 May 2017The Guardian reported on the matter of the eligibility of Family First’s Bob Day1 to sit in the Australian Senate:
A majority of the court found that Day was ineligible from 26 February 2016. He was paid close to $130,000 between then and his November resignation.

Ryan said Day had been warned he was required to repay the salary and superannuation he earned as a senator, and similar letters had been sent to former One Nation senator Rod Culleton.

Barely eight days pass and then……
ABC News, 25 May 2017:

The Federal Government has agreed to waive debts owed by former senator Bob Day, after receiving advice that he may not be able to repay the money.

Special Minister of State senator Scott Ryan told a Senate estimates committee he decided to waive the debts in line with decisions made in similar cases in the past.

In April, the High Court ruled Mr Day was not validly elected to the Senate last year, due to a complex arrangement involving a building previously owned by Mr Day being leased by the Commonwealth.

It was recently revealed the Senate and Department of Finance were pursuing Mr Day and fellow disqualified senator Rod Culleton, seeking the repayment of their salaries and other allowances.

Both men received letters informing them of the situation, potentially owing hundreds of thousands of dollars between them.

Senator Ryan told the estimates hearing Mr Day took up an option to formally request the debt be waived.

The Minister said he was advised pursuing the debts may not be fair.

"It may be seen to be inequitable for the Commonwealth to recover the debt, given Mr Day performed his duties as a senator in good faith," he said.

"The [advisory] committee also noted Mr Day's personal financial circumstances."

Remembering of course that the Liberal Party and its financial backers have a history of propping up Mr. Day…….

The Sydney Morning Herald, 4 February 2017:

A wealthy fundraising body linked to the Liberal Party has quietly begun bankrolling the organisations behind two of the Coalition's biggest crossbench supporters in the finely balanced Senate.

The Cormack Foundation has donated more than $40 million to the Liberal Party over the last 18 years – including more than $3 million in 2015-16 – making it one of the party's biggest benefactors.

The foundation is an investment company and "associated entity" of the Liberals that donates dividends from its share portfolio. It has stakes in a number of blue-chip companies – including the big four banks, Rio Tinto, BHP Billiton, Telstra and Wesfarmers – raising about $3.9 million last year.

But for the first time in its 30-year history, the foundation last year donated to parties other than the Liberals – giving $25,000 each to the conservative Family First and the libertarian Liberal Democrats, according to the Australian Election Commission annual returns released this week.

The foundation has eight listed shareholders, who are also the company's directors. They include Rupert Murdoch's brother-in-law John Calvert-Jones, former Reserve Bank board member and Business Council of Australia president Hugh Morgan and former ANZ chairman Charles Goode.

The donations came in a year that the Abbott and then Turnbull governments were highly reliant in the Senate on the votes of Family First's Bob Day and the Liberal Democrats' David Leyonhjelm….

It's believed to be the first occasion an "associated entity" has linked itself to more than one political party at a time.

ABC News, 2 November 2017:

The Abbott government ignored the advice of its own bureaucrats when it approved the lease agreement with former Family First senator Bob Day regarding his Adelaide electorate office in 2014.

Documents obtained under Freedom of Information reveal the Finance Department advised the Government not to allow Mr Day to relocate his electorate office from the Adelaide CBD to a building he owned in Kent Town, warning it had "concerns about how such a transaction might be perceived"……

Despite this advice, the then special minister of state, Michael Ronaldson, wrote to Mr Day in March 2014 telling him he was willing to consider the arrangement as long as the Kent Town property met Commonwealth standards and that no rent would be charged to the Commonwealth until the lease ended on the CBD office space.

Mr Day sold the building to Fullerton Investments and last December, the company entered into a lease agreement with the Commonwealth under which no rent would be paid……

Mr Day's company loaned Fullarton Investments money to make the purchase — and are ultimately liable for a National Australia Bank mortgage on the building.

Between 2004 and 2006 Bob Day’s company Homestead Homes donated $9,937 to the Liberal Party in South Australia. It is understood that the donation tally may be higher as Day owned more than one company and at least one trust which may have contributed to party coffers.

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