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Originally Posted by Perko
Brilliantly said. You have forgotten about the primary industry sector. This sector is currently being bought out by overseas interests extremely quickly. Why??? Because they have seen that food is going to be the next huge resource. Unfortunately, while other countries are investing in their primary sectors Australian governments are withdrawing funding from research, trying to buy back and restrict water rights based upon research that is preschool grade at best , and allowing mining companies to explore land with no regard to farmers rights or needs. Look at who is investing in our farms at the moment, the Chinese and the Arabs. Why? Because they will need extra food resources due to their current situations. Where do you think they will send this food in the future???
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Great point. And interestingly I read that there is international investment of properties in NT at the moment as well... apparently the big value there will be the water during the wet season. I s*** you not, looks like we're selling that o/s too. I have to do some more reading on this.