I am not over excited about the graincorp decision. I think the nationals had a fair bit to do with that.
The noalition have got our problems solved as they said before the election. So there is need to worry for a start. Abbott will prove himself a worthy idiot in no time. How long before the workchoices makes a comeback, Howard is pulling the strings, lets not forget. All they have done so far is insult our trading partners. They said they would hit the ground running, so what's the hold up. Will Abbott see out twelve months, i doubt it, there is a chain of pledges broken all ready.
Not to mention the pledges in blood, which is starting to look like spilt milk.

Good decision not selling Graincorp now how about buying back Quantas.Its up against it competing with foreign government bankroled airlines like Emerates Air

Dear SOG,

The following link explains things better and
may be of interest to readers:

http://www.abc.net.au/news/2013-11-29/federal-government-rejects-foreign-takeover-of-graincorp/5124262

It does appear that there are quite a few different takes on the
government's decision and it also appears that Warren Truss
and the Nationals did have a great deal of input for which I
for one am very grateful that this is staying in local hands.

The graincorp decision could very well go against AU. Qantas is underused, there are cheaper options. That is what you are up against. The noalition will sort it out, they are in control, Abbott has fooled the people of AU with his Gonsky backdown. Yet another con.

Pericles>> As usual, discussion has degenerated into a totally unedifying mudfight between political fanbois<<

Fanbois Pericles?

Pericles>> Can anyone here explain why this company would be able to operate less in the interests of Australia, if its shareholding changed?<<

You tell us what you know about Don Seaton and Gardner Smith and we will see if it’s worth replying to your question.

But your patter on ownership did remind me that Hockey said he was willing to consider ADM increasing its stake from 20 per cent to just under 25%, which would probably give it practical control. But only 24.9% of the profit heads to ADM rather than as good as all.

579,
what sort of Australian are you ? You seem to be hell-bent on hoping the Coalition will fail. Only that would make you feel better by the sounds of it. Somehow I don't think you'll get your wish, I think Australia will pick up again.