The Turnbull government is fuming over what it says is hypocrisy by Labor for vetoing the likely appointment of banker John O'Sullivan as the next chairman of corporate watchdog, the Australian Securities and Investments Commission.
Mr O'Sullivan withdrew his candidacy yesterday, saying Labor's personal attacks and "insinuations of old and long-since discredited allegations" meant it was in neither his nor ASIC's interests that he remain a candidate for the top job.
Mr O'Sullivan, Cr
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