Australian grain farmer's call for more scrutiny of foreign investment

I am frequently appalled at the simplistic approach of those who label criticism of foreign purchase of farm lands as “xenophobic”. They don’t seem to grasp that we’re talking about something much bigger than the Marxist generated idea of “racism”.

In Australia today, the CEO of the biggest grain co-operative CBH Group has called for greater scrutiny over foreign investment in the country’s agricultural industry.

At the annual conference of Australia’s agricultural forecaster ABARES, Mr. Andrew Crane called for a test to be applied to all foreign farm purchases, to establish whether the sale was beneficial to Australia or not. He suggested the principle of the test should be “is this sale contributing to the long time sustainability of efficient farms in Australia?”

Earlier this year, the Federal Government increased scrutiny of foreign investment in Australian farmland by lowering the limit at which Foreign Investment Board approval is needed from $252 million to $15 million.

Agriculture Minister Barnaby Joyce told the ABARES conference that the long-awaited white paper on agriculture was imminent.

Time for those NZers who label critics of the NZ govt policy as xenophobic to get real. If the Australian Liberal Party is concerned enough to be taking action, what’s wrong with National? I can’t see that selling NZ’s farms out to the Communist Chinese government and or its corrupt cronyists could ever pass the test Australia is thinking of applying.

There is a difference between free trade and maintaining the security of the realm.



Categories: Australian Politics, Economics, NZ Politics, Racism

Tags: , ,

2 replies

  1. Exactly. What we are on the receiving end of, is colonialism. The PRC views the Pacific ocean as a Chinese lake. And their policy is assertive, aggressive and expansionist, in a” friendly” & “cooperative” way. At the moment.
    Only live fish can swim upstream, any dead fish can float downstream. I fear our political masters tend to be identified with the dead fish. The Chinese are walking all over them.

    Like

    • Yes, Chicoms are busy with this same kind of stuff all over the Pacific, Africa and Sth America.

      As you may know, its a plan first devised way back in the late 1970’s to ensure the long life of Chinese communism by integrating it into the economies of the west.

      Like

This is not a forum for the left, so if you're a commie please go elsewhere. New commenters automatically moderated until cleared.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s