The Australian Turnbull Government promised a New Economy - well they have certainly delivered with Arrium. A new economy based solely on overseas ownership. What a country this government presents.
Darwin - a Chinese port.
Arrium - a foreign steel maker.
Adarni - Indian coal.
Kidman - 49% Chinese
SA Power - Chinese billionaire.
Makes me sick. I think I need Lifeline and Beyond Blue. They may be foreign owned as well - who knows!
Why invest in Australia as a shareholder? Your government will trash your retirement.
