The timing of Treasurer Josh Frydenberg’s proxy proposal appears designed to forged doubt on his nemesis Possession Issues.
The Josh Frydenberg proposal that impartial proxy voting advisers ought to be compelled by legislation to provide public firms advance copies of their experiences for fact-checking and a proper of reply is sort of startling from a free speech perspective.
What subsequent — the Morrison authorities legislating that media retailers be compelled by the federal government to provide advance copies of their tales about politicians to registered political events?
The place is the normal Liberal Celebration help totally free speech and free markets? As Possession Issues co-founder Dean Paatsch argued in The Australian on Monday and The Guardian at present, institutional traders ought to be allowed to acquire impartial analysis from whoever they like and the federal government has no function intervening when it comes to how public firms and analysis homes have interaction with one another.
Learn extra about Josh Frydenberg’s proposal…
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