Pixie,I think you are talking to the converted here. Everyone, I...

Pixie,

I think you are talking to the converted here. Everyone, I believe, is still in a state of shock for what has happened.

As you said QGC first attempt was stopped and yet AOE went through like the wind. IMHO the Government is in such a mess that they will do anything to bring foreign currency into the Country in order to balance their balance of payments and to keep the Aussie dollar up.

Because, for every cent that the Aussie battler (dollar) will go down, the government has to fork out millions and millions of dollars extra to repay what they have borrowed overseas. That can come in at hundreds and hundreds of millions of dollars. Hence why they approve the foreign takeovers because that will bring that so relished foreign currency in and keep the value of the Aussie dollar up.

What gets me the most though is, that it seems that everything thing (almost that is) gets sold to the Chinese, while we cannot buy anything outright there, if anything at all that is.

The way we are heading, we will have nothing left to sell, and then what. What are we going to do next when we have nothing left to sell. Yes, Australia is the lucky Country. But the way things are heading, I don't know if we still will be in the next twenty years or so from now, lol.

Buddy