Monday, 4 November 2013

A warning for the Treasurer - Nationals, foreign investment and a coalition government

A reminder at the weekend that Australia has a Coalition government. Appearing on the ABC’s Insiders, the leader of the junior governing party, Warren Truss, ever so politely, warned Treasurer Joe Hockey that he would ignore the views of the National Party about foreign investment at the government’s peril. At issue is the decision the Treasurer must make about the takeover of Graincorp by an American grain trader. For the Nationals that is a no-no.
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