Business may well wonder what is going on in Canberra?
After a fiery round of questions on supermarket pricing, Australia’s corporate leaders may well ask: what on earth is going on in Canberra?
It took 15 minutes for The Greens’ Nick McKim to threaten outgoing Woolworths boss Brad Banducci with six months’ prison and $5 million in fines on Tuesday.
Unable to reveal the supermarket giant’s return on equity figure, Banducci became the latest leader of a big-brand company to be cast as the villain in a heated round of political theatrics only marginally related to the issue being considered by politicians.
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