Michael Roddan of The Australian interviews Sam Kennard, Published on November 23rd, 2015.
Self-storage mogul Sam Kennard, the Liberal Democratic Party candidate vying for Joe Hockey’s recently abdicated North Sydney seat, says Australia should become a tax haven to encourage investment and job creation.
Mr Kennard, who is the managing director of the $1 billion self-storage company that bears his name, said a dramatically lower tax regime and less red tape would foster economic growth, even if it brought increased competition to the sector that Kennards Self Storage now dominates.
The comments came ahead of the North Sydney by-election, which takes place early next month, sparked by the retirement of former federal treasurer Joe Hockey.
Mr Kennard’s Liberal Democratic Party, one of 13 parties running for the seat, rose to prominence after outspoken NSW senator David Leyonhjelm was elected in 2013.