The “national interest”, at least as far as economic policy is concerned, has always been a contested compromise and a consequence of the relative political influence of domestic forces.
When Federal Treasurer Joe Hockey quashed the acquisition of GrainCorp by Archer Daniels Midland on national interest grounds, his stated reasons were based on competition. Despite it being five years…
John Mathews, Macquarie Graduate School of Management
A lot of the current response to Treasurer Joe Hockey’s decision to block ADM’s A$3.4 billion takeover for GrainCorp is political rhetoric and doesn’t have to be taken seriously. But as Jeffrey Wilson…
Federal Treasurer Joe Hockey has rejected the proposed takeover of GrainCorp by US grain handling giant Archer Daniels Midland, arguing the takeover would not be in the public interest. Mr Hockey said…
The Coalition government is split over the controversial bid for GrainCorp by American commodities trading giant Archer Daniels Midland (ADM). Treasurer Joe Hockey has found himself torn between upholding…
Socrates once observed that no-one could be a statesman if they were entirely ignorant of the problem of wheat. Once again wheat – or, more precisely, grain handling and the sale of GrainCorp – is drawing…