David Pocock grills ASIC Chair Joe Longo for refusing to accept he has a conflict of interest by receiving a chairman’s lounge “gift” from Qantas while also regulating them. Pocock “if something came up with Qantas, you’re all going to have to declare a conflict of interest”💥

If it’s so insignificant, in that it doesn’t have any effect on any decision or attitude to it or perceived conflict of interest, why have it? Why accept it? Why not pay for it? Because it is of high value & they ALL love it. It plays to their egos. QF know it & use it.

💯 So well said. Deep down he knows it’s a perk, a conflict of interest, but doesn’t want to let it go because he would then need to properly regulate Qantas.

Garbage by Longo. As an ASIC employee I along with others received a small gift (pen/stationery) from a retail super fund. After advice it was returned. Chairman’s lounge membership is definitely a conflict and undermines public confidence so should be refused.

He is an absolute gem, non party restraint in full view is a political refresher. a real good one.

This doesn’t pass any pub test. Qantas is under investigation for insider trading by the former chairman by the ACCC And ASIC made inquiries about that investigation.

@DavidPocock is a breath of fresh air in politics. Simple questions on behalf of the public

why did the government give Qantas a gift of millions of dollars and not insist that it receive convertible preference shares or straight equity for its financial contribution?

He’s quite right as he usually is. I have the highest respect for David Pocock

The best politician in Australia right now. Wish he was our PM!

These people are so used to being treated like lords and receiving “perks” that they cant see a conflict of interest when it slaps them in the face. Of course it’s a COI. They must decline their memberships.