Family First senator Bob Day’s political party is signalling he could stay on in Parliament and serve the rest of his three-year term, if a potential investor steps in to save his troubled construction company.
Key points
- Insolvency firm says there is a lot of interest in Home Australia assets
- Bob Day is unlikely to get any money from an asset sale
- If Senator Day declares bankruptcy he must step down from the Senate
The South Australian Senator announced his resignation on October 17 after his company Home Australia went into liquidation.
South Australian Family First leader Dennis Hood said the party met on Saturday to work out the succession process but…
Read the full article at: http://www.abc.net.au/news/2016-10-26/white-knight-could-save-bob-days-construction-company/7965698