JOE Hockey's decision to block the sale of GrainCorp to a century-old American company is a sure sign that Tony Abbott's government is set to emulate Malcolm Fraser's administration: a do-nothing government unwilling or unable to make tough economic decisions in the national interest.
If the new Treasurer can't sail over the low bar of approving this deal, what chance is there that he will muscle up on tax reform, federal state arrangements, substantial budget cuts or industrial relations reform? Next to none is the answer. Hockey's lack of spine has been exposed. - See more at: http://www.theaustralian.com.au/opinion/columnists/graincorp-exposes-joe-hockeys-lack-of-spine/story-fn53lw5p-1226771687139#sthash.0I5qlhDw.dpuf