globalisation and the emergence of mega companies is what killed small business, not Howard. WOW is still small globally compared to many giants. Which is why bigger is better so it remains competitive.
Hiwever you’re right about labor, they see business as something to pillage and transfer wealth from shareholders to unioned labour (the pay masters). Very anti business. Ultimately Australia is now regulating itself to death coupled with taxes and high cost red tape mandated by the labor government. No one ever taxed/forced pay rises/productivity declines themselves to prosperity.
If this trend continues I’ll stop investing in Australian companies unfortunately, you’ll fund large capital flows from our large pension funds will also do the same. Labor too stupid to see it, mind you what would you expect from a cabinet whose only experience is being a public servant, unionist or university student. Shambles.
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