A sad day indeed

The real tragedy of the failure of Senator Bob Day’s building company is not the abrupt end of his political career or the damaging potential it may have on his Family First Party which has suddenly lost a major financial supporter.
Neither is it the possibility that Mr Day will lose his own grand home at Houghton.
The real heartache of Mr Day’s demise is the savage impact it will have on his employees, the hard working tradespeople who worked for his company and the innocent customers anxiously awaiting their dream home.
It is likely many of the tradies will be either unpaid or underpaid for the materials and work already completed on half-finished homes, while the customers – many of whom have paid significant deposits – are now forced to negotiate the insurance minefield.
Mr Day was a multi-millionaire with undoubted skill as both a builder of homes and a builder of businesses. At one stage his company was worth almost $400m and had 1000 employees.
His contrite apology on Monday to all those affected and his immediate resignation from the Senate indicate he is not one of those people — Clive Palmer springs to mind – whose first response is to blame others, rush to court and avoid their responsibilities.
Mr Day has said he will pay all his creditors back – no mater how long it takes.
That is a fine sentiment but such noble words can ring hollow to the little people – the last in line when whatever leftover crumbs are distributed.
Insurance may deliver some relief but there is every possibility that many will suffer significant stress and financial burdens from which they may never recover.
Questions over Mr Day’s building business – particularly in NSW – have been circulating for several years and it is reasonable to question why he stood for re-election if there was such an ominous cloud hanging over his company’s future.
Through a statement released on Monday Mr Day said he regretted going into politics in 2013 without first putting in place the proper business management structure to deal with his absence.
If that error was clear to Mr Day before the recent July election then the tradespeople and customers deserve an honest answer as to why he risked it all … and for what.