140414
My Guardian Barnaby-Joyce-will-oppose... Comment
Tony
Abbott floats raising the cap on Chinese investment, but agriculture
minister says Australians have concerns
theguardian.com,
Sunday 13 April 2014 15.34 AEST
"But
there would be a limit of $15m on buying any agribusinesses, ...."
Hmm!
You can buy LOTS of land here for $15b! But, of course, that limit is
for 'agri-businesses', of which the infrastructure and improvements
might - might be 20% of the value of a farm?
Still
lots left to buy up large acreages!
What
then, about limits on non-Australian residents buying RESIDENTIAL
land?
Given
all elite people of the world [and news is, there's 1st world people
in China, and in every nation, called loosely, "the upper
class"] have oodles of cash to spend on investment and
globe-trotter-holiday
city-apartments/high-end-suburb-houses/resorts//ranches, especially
in the last global realty vestige/refuge - Australia - they, never
have any thought nor hesitation on ethical grounds, for we, "the
natives", when their investment money jacks land prices up way
out of yer Mr & Mrs Av'rages' reach.
THIS,
is one main reason why our industries are going under - because
employees' wages have to keep rising to keep in the game against the
foreign land-buyers, for a slice of their own country, merely to LIVE
ON/in!
"Not
surprisingly, he had reservations about foreign state-owned companies
buying prime agricultural land."
But
says naught about them buying prime urban and resort real estate?
Nevertheless...,
albeit that Barnacle's speak-up here is mere popularity polling
strutting for HIMSELF, he's a better classhole for doing so.
Makes
me ask whether he's on the verge of using the same line again, that
he used and rode on into the Senate 10 years ago?
What
happened to your 'enlightened' "ZONAL TAXATION" Barney?
What
did John Howard call it? Kevin Rudd's ALP tried to introduce it too
to, better and more HONESTLY, known as "The National Land Tax".
OH!
That Tax, O! John Howard's "most honest tax", which China
is re-introducing in 2015!
"Velly
Innerlesting?" [muttered Mao, from the grave, in Heaven]
Will
China, therefore, be happy for Australia, to introduce the National
Land Tax here, if they buy in to our agri-businesses?
Would,
or SHOULD, seem..., to have to be, A GIVEN?
Crazymad
avaricious real estate agents might complain.
So,
let them complain, to the PLA! Hahaha!
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