Hung parliament would be ‘disastrous’ for the Australian economy

Former Labor minister Joel Fitzgibbon warns a hung parliament could have a “chilling effect” on the Australian economy. Mr Fitzgibbon wants Anthony Albanese and Peter Dutton to agree on a pact ahead of the election to get behind whoever wins government to guarantee supply, therefore sidelining the minor parties. “This is an idea to save the Australian economy from what could be a disastrous hung parliament,” Mr Fitzgibbon told Sky News Australia. “I was chief government whip in the last hung parliament – I saw it very close up, and it’s very, very ugly and it has the potential to put a chilling effect on the Australian economy.”