House debates

Thursday, 5 December 2013

Questions without Notice

Foreign Investment

3:05 pm

Photo of Chris BowenChris Bowen (McMahon, Australian Labor Party, Shadow Treasurer) Share this | Hansard source

My question is to the Prime Minister, although he may ask the Minister for Agriculture to answer given today's precedent. I refer to the Treasurer's weak decision to reject a major foreign investment bid in GrainCorp and the resulting 25 per cent fall in GrainCorp's share price. Given the Prime Minister has said that with a coalition government Australia is open for business, why is the government now making decisions that show Australia is closed for business, the complete opposite of what he promised?

Mr McCormack interjecting

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