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| The Bar For non Automotive Related Chat |
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06-07-2015, 03:14 AM
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Regular Member
Join Date: Oct 2010
Location: Perth
Posts: 391
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Hey guys, I came across the following article recently, which describes Chinese companies buying up, and aiming to increase the buying up of Australian farms...
https://au.news.yahoo.com/sunday-nig...-aussie-farms/ This got me to thinking, does the Australian Government have an upper limit or target for how much of our land they want to see sold to foreign countries? The obvious concern would be that if in 100 years another larger country managed to buy ALL the land then wouldn't that entitle them so simply move in? Or ship everything out that wasn't bolted down.... PS - I have nothing against Chinese people, like them as much as I like anyone else, this is purely about selling off land and would be the same concern whatever country was buying :-) |
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Foreign investment in farmland
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