In their article in The Weekend Australian, Christopher Findlay and Paul Kerin argue that the Federal Treasurer’s rejection of the sale of the S. Kidman & Co. cattle stations to a consortium 80% backed by private Chinese businesses has not been in Australia’s public interest. As well as forgoing the usual benefits that foreign direct investment can deliver, the rejection has thrown away the opportunity to build key relationships that could generate substantial future benefits through further and faster trade liberalisation. The full article is available here.
Beef with knock-back of Kidman sale: a lost foreign direct investment opportunity – Christopher Findlay & Paul Kerin
This entry was posted in Business economics, Christopher Findlay, Economic growth, Economic reform, Economic regulation, International trade, Paul Kerin, public policy. Bookmark the permalink.
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