Labor leadership woes bad for business

Mining magnate Clive Palmer has joined the premiers of QLD and WA in warning that ongoing tension between Prime Minister Julia Gillard and Kevin Rudd is bad for business.

After the leadership spill was announced yesterday, Palmer told Fairfax Media Gillard should resign “immediately”.

 

“I think Julia Gillard hasn't got the confidence and support of the Australian people, and because of that she shouldn't stay as PM,” he said.

 

Palmer has previously donated significant funds to the conservative side of politics, but has recently fallen out with the Queensland LNP party.

 

WA Premier Colin Barnett also told reporters Australians were “sick to death” of the tension between Gillard and Rudd, and the instability had been noticed abroad.

 

“It has been embarrassing for Australia for a long time and I might say that point has been made to me by political leaders around Asia,” he said.

 

Joining his conservative counterpart in WA, QLD Premier Campbell Newman said Federal Labor had failed to provide a “clear direction” for the nation.

 

Newman also said Rudd would be easier to work with compared to Gillard.

 

Both QLD and WA are home to a large portion of Australia's mining and energy projects, and the states have previously clashed with Canberra over policy issues, particularly in reference to the mining and carbon taxes.

 

Speaking after the spill yesterday, Gillard said the vote would put an end to leadership speculation.

 

“This whole business is completely at an end. It has ended now,” she said.

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