of The Stock Journal
Mr Tony Mahar’s support for Foreign Ownership (Stock Journal 25/8/16) is a view unfortunately held by some senior politicians and businessmen. It is particularly unfortunate in Mr Mahar’s case since he heads the National Farmers’ Federation, an organisation with rank and file members expecting their leaders to promote, protect and nurture their industry and assets.
Around the world, most countries either severely restrict or even prohibit the sale of farmland to foreigners. The Japanese economy has been declining for twenty years and yet I would not be able to buy any of their land. So why is Australia needing to assist the economy by eagerly displaying the “For Sale” sign?