Business gets the shits with Abbott

Business was lauding him as the conquering hero when he won the election. Now it appears the great majority of business directors think he's a bit of a fuckin idiot.

A survey shows company directors have become much less confident in the Abbott Government since it was first elected. 

Back in the second half of 2013, just after the Abbott Government took office, almost 70 per cent of company directors expected the new administration to have a positive impact on their business decision making. 

In the latest Australian Institute of Company Directors (AICD) survey, this figure has slumped to just 30 per cent. 

This loss of confidence has also translated into a fall in the proportion of directors who believe the Federal Government understands business - from 55 per cent last year to 48 per cent now. more