Under the US-Australian free trade agreement, which came into effect just last January, the trigger amount for FIRB (Foreign Investment Review Board) scrutiny went up from $70 million to $800 million, something like an eleven thousand per cent increase. This extraordinary fact, lost in the fine print, was demanded by the Americans, and let me assure you, we have absolutely no way of knowing whether or not there were any direct or indirect interests of the crime syndicates making the running at those negotiations. It is, however, undeniable, that the mobsters have for many decades had their interests safeguarded and promoted by various US administrations, so the idea cannot be rejected out-of-hand.
But the end result is that the US crime syndicates, already huge investors in the corporate sector, and increasingly laden with its illicitly-gained mountains of cash, can now bring in lumps of $799-million dollars to buy up the Aussie farm and corrupt it with their traditional practices, and nobody in Australia will — or even can — lift a finger to stop it. Worse still, we won’t even know it has happened until it’s too late, and the amoral way the mobsters run their core businesses takes hold in the more legitimate Australian business sector.
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