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Leading article Australia

Say it ain’t so, Joe

7 December 2013

9:00 AM

7 December 2013

9:00 AM

Under which particular pillow does Joe Hockey hope to find a lazy trillion dollars lurking? That’s the estimated investment Australian agribusiness will require over the next 35 years to increase productivity and remain globally competitive, according to a report released in 2012 by the ANZ. Clearly Archer Daniels Midland won’t be coming to the party, although up until Mr Hockey put the kibosh on them last week they were more than keen to lob several billion dollars our way.

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