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Home News

FOFA sidelined in Taggart-Abbott interview

Financial services policy was seemingly off the agenda as federal Opposition leader Tony Abbott appeared on former Association of Financial Advisers national president Dr Jim Taggart's radio show yesterday.

by Steven Cross
March 8, 2013
in News
Reading Time: 1 min read

There was no mention of the Future of Financial Advice (FOFA) reforms as Taggart quizzed the would-be prime minister on issues relating to Taggart’s local area of western Sydney.

Abbott reaffirmed his commitment to western Sydney, claiming the abolition of the carbon tax was his number one priority for the region.

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“There’s no doubt that Labor has taken western Sydney for granted. They are not mindless people to be directed by politicians… They know what’s in their best interest and they’re working out that they’re being used,” he said on Parramatta and Hills District local radio station Alive 90.5.

“The people of western Sydney have three concerns which we have committed ourselves to fixing: [First] abolishing the carbon tax, which by the government’s own figures is increasing the cost of electricity by ten per cent and gas by nine per cent.

“Every small business needs electricity, and the business owners of western Sydney and being weighed down by this dishonest tax.

“We have also committed to completing the WestConnex link to Sydney’s CBD from the western suburbs and stopping the boats.”

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Comments 4

  1. Pete says:
    13 years ago

    Fergus, The polluters always have and always will pass on the cost to the consumers. The wholesale price of electricity almost doubled in the week after the carbon tax was implemented. Look on YouTube for “Topher VBlog 001”

    Reply
  2. Nobby Kleinman says:
    13 years ago

    Fergus, who do you think really pays for the carbon tax? The consumer of it, whether directly or indirectly through manufactured goods and services. The consumer pays for everything! Don’t want to pay it cos it’s unfair. Then stop buying stuff, food, clothing, electricity, transport.
    Whether it is Abbott or Gillard, we really need a true leader who is not a politician, but a person with business knowledge and brains to run this ocuntry as such. Not the freddos who have their hand up now!

    Reply
  3. Michael Lane says:
    13 years ago

    Why would Tony Abbott comment specifically about FOFA during his election campaign in comparison to issues like the carbon tax, and the mining tax, and border protection? Has Julia Gillard been commenting about FOFA in the past week?

    Reply
  4. Fergus Hardingham says:
    13 years ago

    Again some simplistic comments from a man who would be the next PM. Electricity prices were rising dramatically prior to the introduction of the CARBON TAX.

    Abbott’s plan for direct action will cost the TAX PAYERS while a market based mechanism has the polluters paying.

    That is my 2 cents worth.

    Reply

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