A Liberal party donor who was apparently hoping for some sweet Chinese cash that may not now be coming, comes out swinging:
Billionaire mining magnate Clive Palmer has launched a scathing attack on the Foreign Investment Review Board (FIRB), labelling it racist.
Australia’s foreign investment regulator has expressed a desire to cap the level of Chinese investment in local projects.
Is any action directed at limiting efforts by a particular aggressive foreign government to control national resources “racist”? Or is considering these issues entirely reasonable, and just what every government – including the Chinese government – does? Does the Liberal Party actually advocate something different, or do they agree with the Government – in which case, does Mr Palmer think they’re “racist”, too, and will he be withdrawing his support?
PS You can see how Mr Palmer made his billions: with shining wit like this, who could resist his business overtures?
“I must say to the Treasurer Wayne Goose, Wayne Swan – I knew he was a water fowl of some description – I object to that as an Australian citizen too,” he said.
It’s funny because the name “Swan” has another meaning.