Saturday, 16 April 2016

Lieberals in bed with National Australia Bank - NAB sponsors fundraising event

The invite, sponsored by the NAB *click to enlarge*
Honestly, you just couldn't make this shit up.....

Kelly O'Dwyer is the Lieberal member for Higgins; treasurer Peter Costello's old seat (the treasurer that blew all the money in the mining boom). She is now the assistant treasurer to Scott Morrison, who is about to bring down his first budget (hopefully his last). The Lieberals and treasurer Scott Morrison have continued to reject calls for a royal commission into the banks, despite huge community support and Labor policy for it.

Well it turns out that assistant treasurer of the Turnbull gov Kelly O'Dwyer is having a super duper big fundraiser. Guess who's sponsoring it then? Why the National Australia Bank of course. One of the four majorest everest banks in Australia. Four pillars and all that.

No wonder the Lieberals don't want a royal commission into banks. After all, you'd not want to lose a sponsor like this:
The $1200 to $2500-a-table breakfast, scheduled for 10 days after Mr Morrison delivers his first budget, will be held under the banner of co-sponsor National Australia Bank. 

NAB is one of two corporate sponsors for the May 13 event organised by the Higgins 200 Club, a fundraising body that supports Ms O'Dwyer, the federal member for Higgins. 

The breakfast will be held in the Palladium Room at Melbourne's Crown Casino and will include a panel discussion with former Liberal treasurer Peter Costello, the previous member for Higgins, and former Reserve Bank of Australia board member Warwick McKibbin. 

Tickets for the fundraiser start at $150 per head and a table of 10 at the event starts at $1200 for Higgins 200 Club members and $1350 for non-members, while "premium corporate tables" at the event cost $2500. 

Based on the capacity of the Palladium Room, which has hosted the Logie Awards, the event could raise $100,000 to $150,0000 before venue hire and catering is subtracted. 

Neither Ms O'Dwyer or the NAB would tell Fairfax Media how much the bank's sponsorship was worth. 

In 2014 it was revealed Labor was charging groups of business people $3300 for intimate boardroom lunches with Opposition Leader Bill Shorten. 

Ms O'Dwyer, who was a former adviser to Mr Costello, was an NAB executive before she inherited Higgins from her former boss in 2010. The Age  

High flyer O'Dwyer in New York the other day