Is foreign investment bad? No doubt your view will depend on whether you believe countries have a sovereign right to promote their national interest or whether you are a free market fundamentalist.
As always, the free market fundamentalists get overly excited and try to stifle debate on the issue. The problem with free market fundamentalists is that they are intolerant of other people’s views and think they have a divine right to tell political parties and the rest of us what to do.
Even within the two major political parties you have a division between the free market fundamentalists and those with the common sense to see the broader picture. There’s nothing wrong with differences of opinion even within the same political party.
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Shadow treasurer Joe Hockey today publicly rebuked his Nationals front-bench colleague Barnaby Joyce for opposing the sale of Cubbie Station to Chinese interests.
Mr Hockey, a Liberal, said Senator Joyce wasn’t speaking for the Coalition, and not even representing the policy of his own party. He was just “freelancing”.
Barnaby Joyce, who says he represents the wisdom of the Dirranbandi pub, has a record of saying things which don’t always fit neatly with the policy guidelines set by his urban Coalition partners. It could be patience with his self-promotion and positioning is running short.
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