The products will probably be sold to the highest bidder in the free market, just as any Aussie farmer sells their products, I don't know of an Aussie farmer who would deny sending his wheat to China if he were to earn an extra $5 per tonne by doing so, do you not think we aren't exporting ship loads already??
Did you even bother looking at that video you posted ?
If we keep selling off the farm then one day we don't have enough food to feed ourselves because it's all going o/s.
Then we have to impose export restrictions , then China gets angry about that, then they send some naval vessels to ensure they get "their" products and then what ?
I think I know who is going to win from then on.
Mate, regardless of whether the owner of the farm is Australian, Chinese, English or South African he or she will sell their produce to the highest bidder.
As I said earlier, do you really think the current generation of Aussie farmers are resisting the urge to export their produce because they have a duty to supply it cheaper to their countrymen? Offcourse not.
The answer is not restrictions on foreign ownership, any investment in the agricultural sector we can get is a good thing, if we want it to be more Australian owned, then more Aussies need to invest.
Can I ask, do you currently invest is the agricultural sector?
Added to that , how is 24 million private investors supposed to compete against State backed investment of 1 billion people ?
.
Do you have any information that suggests the farm acquisitions are state enterprises?
Any so called Chinese "private company" is a either a front for the State or a corrupt apparachik looking for a money laundering operation.
Well, that's just False.
There are plenty of private companies and loads of private investors.
It doesn't matter either way, the products and the profits go elsewhere.
It's a global economy, mercantilism is dead.
Tell that to the Chinese.
They are reforming faster than any European country did
Of course they are, with an authoritarian government in charge, everyone has to tow the line.
But do you really think China will become a truly "free" market ? Of course it won't, the communists will still be in charge.
But that's got nothing to do with how the Chinese investors in Australia act, some of them have money to invest, and we have an under capitalised sector creating a vacuum that needs funds.
The Australia Future fund has net assets of $117 billion.
A part of that would fill the vacuum in agriculture investment.
The Kidman bid has been withdrawn....good on Scott Morrison for all but opposing this. If the Chinese want land in Australia, or anywhere else for that matter, let them sign 75-100 year leases.A bit of their own won't hurt them.
I hope they don't get any more pushy in the South China Sea. Deserted, tropical atols are being transformed into ugly, concrete miltary bases at a rapid clip. There's nothing that will stop them linking them up eventually. Bloody awful.
I hope they don't get any more pushy in the South China Sea. Deserted, tropical atols are being transformed into ugly, concrete miltary bases at a rapid clip. There's nothing that will stop them linking them up eventually. Bloody awful.
Can't wait to hear of the first storm surge that wipes it out....
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