It's pretty stupid letting another country's citizens/companies buy ANY infrastructure. It's not paranoia. It's common sense.
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Hey Bernard, didn’t you guys on the regressive left claim no one is willing to invest in coal??? A $1 billion offer for a ver old power station sure is putting money where their mouth is....
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It simply highlights the gross inconsistency of the government.
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And the cluelessness of Turnbull!
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The Australian economy has grown on the back of foreign direct investment. It has become part of joining the globalised world.
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Foreign investment would be unnecessary if we didn't allow foreign investment in the first place. With foreign investment most profits go directly offshore... requiring further foreign investment. It's a kind of PONZI scheme where Australia is always the loser.
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So would you like to return to the closed, tarrif protected Australia of pre 1980? Access to capital isn’t always possible within Australia (at reasonable interest rates) and there needs to be options other than Australian banks.
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You heard Dutton pm Monday meeting why
@SkyNews@abcnews@chrismurphys why news not reporting keeping Aussie’s in darkThanks. Twitter will use this to make your timeline better. UndoUndo
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We had the same thing here in 2011, first they said the Chinese were hacking our utility infrastructure, and gave extra £3b to MI5 & MI6 in the middle of austerity , next year they invite Chinese to build our next gen nuclear power station.makes you wonder
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"Flexibility"...
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Atlinta has stated, $1B required to extend Liddell for 5 years. Purchase price + 1B + profit margin/ 9 years= higher electricity prices by my calculations.
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No question about that. The
#Alinta tilt at#Liddell can only increase power prices unless@JoshFrydenberg is planning to put massive government subsidies into it to buy the next election.

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