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Federal Government

GREEDY: Labor quitter Evan Thornley wants millions in public money to make him richer

evanthornley3 Former ALP Victorian MP Evan Thornley had high-level meetings with federal government ministers and bureaucrats yesterday demanding multi-millions of public subsidy in cash and in kind for the private company “Better Place.”

Well-placed government insiders say that Thornley has been using his contacts in Labor politics to rebuild his much diminished once-billion-dollar fortune. In Collins Street circles, Thornley is believed to down to his last $50 million after some unwise investments in sub-prime debt and unsuccessful speculative ventures. As the Australian CEO of Better Place, he is believed to be on a package of $15,000 per week or around $750K pa.

It is understood his requests for taxpayer money are in the form of a demand for grants, in return for nothing. No shareholding, no payback, nada. Just show me the money.

The business model is basically this, get dumb taxpayers to put up the money to subsidise the loss-making operation of providing electric car batteries to consumers.

Meanwhile, Better Place’s shareholders, including Evan Thornley on his free-carry stake in the dodgy venture, will get a big subsidy to purchase real estate where Better Place charging stations and accompanying retail outlets will be placed.

It is not an original business model. McDonald’s comes to mind. While they serve burgers – and fine ones they are – the real business is real estate, exploiting the huge gap in value between a vacant lot and a site with a thriving Maccas on it. Service stations are a similar play.

While there’s nothing wrong with making a quid and we have no objection to the company Better Place pursuing this particular real estate opportunity, we struggle to see the reason for taxpayers subsidising their private profit in property development. Not even “property developers” and “last resort lenders” from Sydney would dare ask for such a thing.

Evan Thornley has a great saying “You don’t get what you don’t ask for.” It’s a different way of putting chutzpah, a bare faced cheek. He is truly one of the most shameless and outrageous people we have ever encountered in business. Coupled with an intense self-righteousness that what he’s doing can never be corrupt or sleazy but for a higher, unspecified cause, that can make a highly effective con artist.

By cloaking his property development play in a cloak of environmentalism, he is trying the steal of the decade, to get the Commonwealth and State governments to hand over multiple millions to make him rich. And all in a climate of stimulus for all with government far too free with other people’s money and far too susceptible to carpet-bagger con-men like Evan Thornley.

Any multi-million dollar government subsidy of an ex Labor MP’s private business is a scandal and VEDC style disaster just waiting to happen. They’d be wise to be very, very careful. The Opposition and many others are waiting. And watching.


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  1. Andy did you ask Mounir before posting this? He wont be happy.

    Posted by Anonymous | September 17, 2009, 13:41
  2. Evan is a true misanthropic miscreant.

    I breathlessly await the laying of charges against Mr Thornley for violation of his parliamentary obligations and his overt and scandalous conflict of interest that manifest immediately prior to his ‘resignation’.

    Posted by Darla Jane | September 17, 2009, 14:39
  3. How many ALP hacks has Thornley employed? When this blows it’s going to be Royal Commission time.

    Posted by Anonymous | September 17, 2009, 15:30
  4. Brouwer is available on request.

    Posted by Anonymous | September 17, 2009, 16:27
  5. No more about this greedy pig. He makes me sick

    Posted by selfish c*nt | September 17, 2009, 16:40
  6. Thornley is a liability not an asset. A real thorn in the better place. The company will not see a return for his over charged salary. After all Thornley made his billions on the back of shareholders he scammed before the company went flat.

    Posted by no better place | September 18, 2009, 12:29
  7. we have the technology and infrastructure to make this happen without him.

    so why not?

    Posted by better not | September 18, 2009, 17:17


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