House debates Questions without Notice

Foreign Investment

Thursday, 5 December 2013 House of Representatives

Chris Bowen

Chris Bowen McMahon, Australian Labor Party, Shadow Treasurer

3:05 pm

I refer to the Treasurer's decision to reject a major foreign investment proposal 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 would be open for business, why is the government now making decisions that show we are closed for business—the exact opposite of what the Prime Minister promised?

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