The day after News Weekly went to press, the federal Treasurer Joe Hockey announced that he would block ADM’s intended purchase of GrainCorp. We nevertheless reproduce the following article online as it raises many important issues concerning foreign investment and the national interest.
Treasurer Joe Hockey would be seriously neglecting his responsibilities to the nation if he approved the proposed sale of Australia’s GrainCorp to the U.S. corporation, Arthur Daniels Midland (ADM).
…
