Canberra Business Club chairman Jim Murphy denies the club wasted its money by backing minor party and Independent candidates in the ACT election.
But the club's annual general meeting next month is likely to consider whether that support will continue in future.
Mr Murphy also denied his feud with the former Liberal Party president turned failed Liberal candidate for Molonglo, Gary Kent, was colouring the club's view on whether to support Liberal candidates again, as the club did under its former incarnation, the 250 Club.
''I do wear glasses but I haven't got any blinkers on,'' Mr Murphy said.
The club's former vice-chairman, Brian Jones, resigned earlier this year because he was concerned the club would support Liberal candidates in Saturday's poll rather than business-oriented Independent and minor party candidates.
The club later endorsed Community Alliance Party candidates Val Jeffery and Norvan Vogt and Independent Mark Parton, financing their television campaigns.
Mr Jeffery received 4053 votes, or 6.5 per cent of the vote, in Brindabella; Mr Parton 3595 votes, 6.3 per cent of the vote, in Ginninderra; and Mr Vogt 567 votes, 0.7 per cent of the vote, in Molonglo.
Mr Jones blamed what he considered inadequate media coverage of the Community Alliance Party for its poor showing.
''I think it was most unfortunate they didn't get better coverage than they did, and I'm just hoping the party won't lose faith and fall apart,'' he said yesterday.
''I would hope they consolidate over the next four years and they will be a really viable alternative.''
Mr Murphy said Mr Jeffery and Mr Parton both did well and Mr Vogt was always facing a tough task in Molonglo competing against high-profile candidates such as Independents Frank Pangallo and Helen Cross and minor party candidate Richard Mulcahy.
''I don't think we've wasted our money: not at all,'' he said.
''I've got no regrets. There was maybe a bit of inexperience from our candidates but they've learnt a lot from that.''
Asked whether the club would continue to support Independent and minor party candidates, Mr Murphy said, ''Our AGM is next month and I'm sure that will be brought up at the AGM.''
Mr Murphy said the Labor and Liberal parties could call on more resources than the smaller parties and Independents.
''But if you want to play among the big boys then you've got to handle it if you are defeated.
''I can't go home and hide and climb under the bed and not see anything for three or four months because we weren't successful.''
Mr Murphy has previously said he resigned from the Liberal Party because neither he nor the board of directors of the then 250 Club received an apology from Mr Kent, who alleged the club had misused funds at the 2004 poll by directing them to favoured candidates rather than exclusively to Liberals.
Calling the allegation a ''very, very hurtful attack'', Mr Murphy said an audit had cleared the 250 Club of any wrongdoing and he was still waiting for an apology.
The Liberals have previously said ''the actions taken by the former president of the party were endorsed by party management at the time''.
Mr Murphy was also asked what he thought of the prospect of Greens holding the balance of power.
''They did say they would look after small business and small business would not be disadvantaged if they had the balance of power so I hope they will stick to that, and I'm sure they will.''
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