AUSTRALIA LAND INVESTMENT CONTROLS SPARK CONTRASTING FEELINGS IN DAIRY SECTOR

The Australian government has raised bureaucratic and regulatory hurdles that impede foreign investors from sinking money into the country’s agribusinesses, leaving the local dairy sector torn between the desire for growth and respecting Australia’s need to secure its food supplies. Foreign money flowing into Australian rural businesses “has got to be investment that serves our national interest. It can’t just serve the investors’ interest,” said Australian Prime Minister Tony Abbott, speaking outside the capital Canberra in February. Control of ...


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