Company Tax Cuts and the National Energy Guarantee

What a week it’s been. We now have a new Prime Minister after a week where we saw the government confirm it will not proceed with pushing company tax cuts through the Senate nor bring them to the next election. Similarly, the National Energy Guarantee has been put on the back burner.
 
We have to wonder whether politics and votes now have greater influence on policy, than convictions and what is best for the economy.