nationalization without fair and adequate compensation is...

nationalization without fair and adequate compensation is against section 51 of the Australian constitution
https://www.humanrights.gov.au/our-work/rights-and-freedoms/how-are-human-rights-protected-australian-law

There are five explicit individual rights in the Constitution. These are the right to vote (Section 41), protection against acquisition of property on unjust terms (Section 51 (xxxi)), the right to a trial by jury (Section 80), freedom of religion (Section 116) and prohibition of discrimination on the basis of State of residency (Section 117).