Deputy prime minister says blocked sale sends message Australia will determine investment decisions on national interestsThe deputy prime minister,Barnaby Joyce, has said Australia has the moral to reject sale of land to foreign bidders and shrugged off concerns investors would be deterred by the governments decision to block the sale of Australia’s largest landholder.
On Friday the treasurer, and Scott Morrison,blocked the sale of S Kidman & Co to a majority Chinese-owned consortium because it “may be contrary to the national interest”.Continue reading...
Source: theguardian.com