Daily BulletinDaily Bulletin

The Conversation

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

Family First senator Bob Day, who announced last week he was quitting parliament after the collapse of his housing business, now says he may stay on because the prospect of a financial lifeline has arisen.

In a statement on Friday, Day said he had appointed McGrathNicol on October 17 to take charge of the Home Australia Group of companies. About 200 homes are unfinished and many trade contractors and other creditors are unpaid.

But now a new investor had expressed interest in reviving the group, and other offers had also been received, he said.

“If new investment revives the company, if houses are being completed and trade contractors and others are being paid, then I may continue as a senator. If not, my resignation will proceed and I will devote myself to assisting those affected by the group’s closure,” Day said.

Meanwhile Day, who usually supports the government, will attend the Senate when it resumes on November 7 “to ensure that South Australia and the Family First party has an active voice in the Senate for that sitting week.

"The votes are tight on the marriage plebiscite and the ABCC – and I support both. The backpacker tax must be fixed before the end of the sitting year, and I want to ensure the tax rate is satisfactory to farmers and the hospitality industry alike.”

Day said McGrathNicol was assessing offers and a creditors’ meeting would be held on November 4. “McGrathNicol makes decisions about the future of the group. I am doing everything I can to assist.”

He said he was “deeply sorry for the anguish this situation is causing many people”.

There is a battle within Family First over the replacement for Day if he leaves. He wants his staffer Rikki Lambert to get the spot but it is also being sought by Family First’s South Australian upper house member Robert Brokenshire, who would be a much more problematic crossbencher from the government’s point of view.

After his initial announcement Day delayed his resignation as he tried to get his way over a successor.

Authors: Michelle Grattan, Professorial Fellow, University of Canberra

Read more http://theconversation.com/day-flip-flops-about-senate-future-67862

The world endured 2 extra heatwave days per decade since 1950 – but the worst is yet to come


VIDEO: Michelle Grattan on Melbourne cluster outbreaks, Australia's defence spending, and the Eden-Monaro byelection


The US has bought most of the world's remdesivir. Here's what it means for the rest of us


The Conversation


Prime Minister Interview with Ben Fordham, 2GB

FORDHAM: Thank you very much for talking to us. I know it's a difficult day for all of those Qantas workers. Look, they want to know in the short term, are you going to extend JobKeeper?   PRI...

Scott Morrison - avatar Scott Morrison

Prime Minister Scott Morrison interview with Neil Mitchell

NEIL MITCHELL: Prime minister, good morning.    PRIME MINISTER: Good morning, how are you?   MICHELL: I’m okay, a bit to get to I apologise, we haven't spoken for a while and I want to get t...

Scott Morrison - avatar Scott Morrison

Prime Minister Interview with Ben Fordham

PRIME MINISTER: I've always found that this issue on funerals has been the hardest decision that was taken and the most heartbreaking and of all the letters and, you know, there's been over 100...

Scott Morrison - avatar Scott Morrison

Business News

SEO In A Time of COVID-19: A Life-Saver

The coronavirus pandemic has brought about a lot of uncertainty for everyone across the world. It has had one of the most devastating impacts on the day-to-day lives of many including business o...

a Guest Writer - avatar a Guest Writer

5 Ways Risk Management Software Can Help Your Business

No business is averse to risks. Nobody can predict the future or even plan what direction a business is going to take with 100% accuracy. For this reason, to avoid issues or minimise risks, some for...

News Company - avatar News Company

5 Ways To Deal With Unemployment and Get Back Into the Workforce

Being unemployed has a number of challenges and they’re not all financial. It can affect you psychologically and sometimes it can be difficult to dig your way out of a rut when you don’t have a job ...

News Company - avatar News Company

News Company Media Core

Content & Technology Connecting Global Audiences

More Information - Less Opinion