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Bill Shorten blames ‘powerful vested interests’ for Labor losing the unlosable election

Bill Shorten blames ‘powerful vested interests’ for Labor losing the unlosable election

  • Bill Shorten has blamed ‘powerful vested interests’ for Labor losing the election
  • He said corporate giants had campaigned against Opposition with attack ads 

Bill Shorten has blamed ‘powerful vested interests’ for Labor’s shock election loss.

Addressing the Labor caucus in Canberra for the last time as Opposition Leader, Mr Shorten claimed big business were rejoicing at the Coalition being rejected for a third consecutive term. 

‘Obviously, we were up against corporate leviathans, the financial behemoth, spending unprecedented, hundreds of millions of dollars, advertising, telling lies, spreading fear,’ he said.

‘They got what they wanted. Powerful, vested interests campaigned against us.’

Bill Shorten has blamed ‘powerful vested interests’ for Labor’s shock election loss

Labor lost four seats at this month’s election, despite being the favourite of opinion polls and betting markets. 

It went to the election campaigning to scrap negative gearing tax breaks for existing properties from January 2020 and stop share-owning retirees, who don’t pay income tax, from receiving franking credits. 

 

 

Read more at DailyMail.co.uk



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