Thursday, May 5, 2011

What's true in print is not true on radio!

This morning on RN Breakfast Gail Kelly emphatically told Fran Kelly that the story in The Australian was not true and that Westpac supported a carbon price moving to a market mechanism. So who do you believe!? The story was still running on The Australian web edition so perhaps it takes longer than we thought to make the correction. So much for fast news! Or why spoil a good (bad) story on a carbon price!

The Australian Thursday 5 May, 2011
WESTPAC chief executive Gail Kelly has joined the growing criticism of Labor's carbon tax, declaring an emissions trading scheme better for business and warning the "uncertainty" caused by the lack of policy detail is affecting her customers.

Mrs Kelly's criticism came as Julia Gillard met key business leaders at her Kirribilli House residence in Sydney last night in a bid to win support for the tax, but that fanned anger from brown-coal producers and electricity generators who were not invited.

They will meet Climate Change Minister Greg Combet in Canberra next week as the government battles increasingly dismal polls and Labor backbenchers fend off opposition from constituents increasingly concerned about cost-of-living pressures.

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