Billionaire Frank Lowy has offered a scathing assessment of Australia’s current political climate, describing the recent spate of leadership challenges as unacceptable and urging democracy to be “treated with care”.

“Having five prime ministers in five years is not acceptable,” he said in the speech in front of political and business heavyweights on Thursday night.

“Democracy needs to be nurtured and treated with care.”

via Billionaire businessman Frank Lowy slams Australia’s leadership woes – Business – ABC News (Australian Broadcasting Corporation)