Hockey made the right call

The next big growth opportunity for Australia is agriculture and GrainCorp has the potential to be a national champion backed by Australian super investors, not rival American interests.

In my view Treasurer Joe Hockey made the correct call on GrainCorp. If GrainCorp can find the right management and directors, the company now has the opportunity to be the ‘Big Australian’ of agriculture. In other words it could duplicate, in agriculture, what BHP Billiton has done in minerals.

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