The largest dairy farm in Australia has just been sold-to a Chinese company.
The treasurer says this sale is in 'the national interest' & some who defend it say that any opposition is simply xenophobia.
But I am with this businesswoman:
One of Australia’s most successful businesswomen, Kathmandu founder Jan Cameron, said the decision could come back to haunt Mr Morrison.
“It is extremely disappointing, and typical of the ill-considered decision-making coming out of both the Liberal and Labor parties,” she said.
“These parties are so shortsighted, they don’t realise that they are compromising Australian food security for the long term....
The supply from the dairy is now out of our hands, and the control of that supply turns over to China,” she said. “If you don’t own it, you don’t control it.”
Blind Freddy can see what will happen here. The company will fulfil all its present contracts but in time it will strike up new contracts in China. It will turn to supplying baby formula there, it is much more lucrative.
What other countries allow their biggest assets to pass into foreign control?

We're not even in the EU, our govt could tighten regulations if it wanted to.
http://www.news.com.au/finance/business ... f43b0030b3