Federal Member for Page has congratulated Treasurer Scott Morrison for his decision that the purchase of S. Kidman and Co to foreign investors was not in Australia’s National Interest.
“I welcome foreign investment, however we must always be confident that it is in our national interest. In the case of S Kidman, I do not believe it is and nor does the Treasurer,” he said.
“The Kidman land portfolio is the largest private land holding in Australia and represents 2.5 percent of agricultural land.
“I commend Scott Morrison’s decision. It was certainly the opinion I put to him.”