Australian MPs plant to limit purchase of prime farmland by foreigners

Friday, July 1st 2011 - 06:29 UTC

Full article 1 comment

Australian lawmakers are demanding a review of foreign investment rules to stop foreign mining companies, including those from China, buying up prime farmland. Read full article

Comments

Disclaimer & comment rules

GeoffWard2
83% foreign ownership is more right than 50% because ''front' companies hide the extent of foreign take-over.

Argentina will be severely hit once other nations introduce legislation to protect their national land assets.
Already it is seen as a soft target for take-over.
Jul 01st, 2011 - 03:23 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!