Corporate activists are a bigger economic threat than China
Michael is joined by Chris Kenny, The Australian newspaper Associate editor (national affairs) & Sky News host of the Kenny Report & Kenny On Media, to discuss his latest opinion piece where he writes ‘that Corporate activists are a bigger threat to Australia than China.’
‘Our financial and insurance institutions are leading the charge in corporate decisions that constrain and threaten, rather than encourage, some of our export industries’, writes Mr Kenny.
‘There is a long list of major financial, insurance and investment institutions pledging to disavow the coal industry and threatening to do the same to gas. Soon the shareholder activists will turn their sights on agriculture.’
‘When it comes to underpinning the future of our export industries, it is clear that large elements of corporate Australia are way to the woke left of the sensible elements of the union movement. And they pose a far more insidious risk to our economic prospects than Chinese ownership of our assets.’
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