‘AUSTRALIA FOR SALE’

 

 

 

 

‘AUSTRALIA FOR SALE’

 

NEWS in Main Stream Media …

Japan’s Nippon Group has decided to buy Dulux, another flag brand lost to foreigners

 

Dulux paint

 

 

-US KKR has decided to buy up MYOB, another local enterprise consumed by foreigners

 

MYOB boss Tim Reed will go with his company into private equity hands following Wednesday's shareholder meeting.

https://www.smh.com.au/business/small-business/shareholders-give-myob-takeover-the-green-light-20190417-p51ewk.html

 

WHAT will the government’s response be?

WILL they …

-shrug their shoulders and say so be it
-will endorse the decision of the Dulux Board to back the sale
-say ‘so what’
-say ‘we welcome foreign investment’ 

MEANWHILE  … ‘more than $80M’ not paid on penalty rates

-the loss of penalty rates has meant more than $80M has been taken from pay packets in the last 12 months

 

QUESTION …

 
What happens when we run out of things to sell to foreigners?

 

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