Labor recommends John Hewson as a judge of Tony Abbott’s financial ability.
But what exactly are Hewson’s own credentials, and why would Labor take the advice of a man with this record?:
He has been involved in three companies that have gone belly-up, including dotcom start-up CBD Online, Network Entertainment, which lasted less than one year after burning up nearly $12 million, and, most recently, Elderslie Finance. Elderslie failed in July last year after losing $125 million and leaving its receiver, PricewaterhouseCoopers, able to recover only around 10 cents for every dollar they invested.