The correct term Large Portions my friend is "SOVEREIGN RISK". One of the first and main checks of any foreign (indeed local) investor is sovereign risk. Australia is now headed for Venezuelan and soon Yemen or Syrian status as a country for investment money. Not only are Australian governments of all persuasions passing laws banning mining, agriculture and construction the plethora of rules and regulations plus union demands renders it all but impossible to conduct any business that has NOT been banned by law.
AJQ Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held