House debates

Thursday, 21 November 2013

Questions without Notice

Foreign Investment

2:24 pm

Photo of Bob KatterBob Katter (Kennedy, Independent) Share this | Hansard source

My question is to the Prime Minister. The media reports that GrainCorp buyer ADM has been prosecuted in America, Canada and Mexico for bribery and price fixing, a thousand million fine and three executives jailed. In light of this, and recalling that dairy deregulation cut prices by 19c to farmers but increased them by 41c to consumers, would the Prime Minister not agree that GrainCorp's sale creates a corporate monopoly in which grain families, like dairymen, will be skinned alive to enable a foreign company to grab an extra one billion a year?

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