Wednesday, February 8

Foreign land grab is madness



For sale: Our pastures and paddocks are on the market for other countries to buy, without any real scrutiny or regulation.

A LACK of monitoring will see foreign companies and governments target Australian farmland, writes LESLIE WHITEIf you were a foreign government wanting to ensure future food supply for your country, you would target farmland in Australia.

Because you would be mad not to.  Australia has clean water and fertile soil.

It has good irrigation infrastructure, which is about to be improved, and great proximity to Asia.
But best of all for foreign companies and governments, Australia's laws on foreign investment in agriculture are so lax it is laughable - and the Federal Government has no intention of changing them.
You can buy land now and start sending the food back to your own country pronto, as Qatar government-owned Hassad Foods is already doing.


Weekly Times Now

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