Wednesday, October 24, 2012

Australia to establish foreign ownership register



Published on Oct 23, 2012 by
Australia's vast continent is a massive agricultural resource, impossible to develop without foreign investment.

But that has not stopped a chorus of claims that Australia is "selling off the farm" and it is another issue which has had the government on the back foot.

And now Prime Minister Julia Gillard has announced the establishment of a national register of foreign agricultural land purchases - just what the farmers lobby has been seeking.

Canberra political editor Catherine Mcgrath reports.

http://www.abc.net.au/news/australianetworknews/newsline/

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