Australian farmers call for foreign ownership transparency
July 19 , 2011
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The Australian Farm Institute (AFI) has called for the creation of a foreign ownership register to improve knowledge about rural land and business purchases, media agency the Australian Broadcasting Corporation (ABC) reported. 
AFI executive director Mick Keogh said the register would be important for transparency and preventing market concentration that could lead to unfair competition, the story reported.
"Other nations, New Zealand, the USA, tend to have a register, and in fact the presence of that register seems to settle down the debates very quickly, because it become very very transparently obvious, who owns what and whats happening," Keogh was quoted as saying.
Photo: www.environment.gov.au
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