Mike Smith, the CEO of the ANZ Bank has fumed about Liberal-National shadow treasurer Joe Hockey’s recent populist rhetoric against the four big banks that increasingly dominate the Australian economy.
“The Liberals’ economic credentials have been hijacked by out-there proposals”, Smith said in the October 29 Sydney Morning Herald.
“Mr Hockey seems to be on some kind of personal vendetta. It would appear he has been taking economics lessons from Hugo Chavez.”
Has Hockey been taking lessons from Venezuela’s socialist president?