imo, the post above sums up much of what is currently wrong with Australia, namely, sell fmg to Chinese and retire to a life of Luxury and opulence.
1. If the Chinese buy FMG, it will only be for supply rather than profit (since the buyer makes profit from producing & selling steel). The enterprise would make no profit, no income, only employment and some royalties and increase the over-supply, resulting in lower profit & tax from BHP, RIO, etc. it would be the selling out of australia and nobody deserves to earn billions from selling out australia
2. life of Luxury and opulence is really UnAustralian. never been a core Australian value. why on earth would you want a life of luxury & opulence?
