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Agriculture a better investment than cars: MPs

NATIONAL Party MPs said government support to develop Australia’s agricultural assets would be a better investment than subsidising foreign car makers, after General Motors and Toyota said they may seek additional taxpayer assistance. “It stands to reason that we are more likely to be exporting food to South-East Asia than exporting cars,” said Senator Barnaby Joyce. “[But] I don’t have a choice; nor do I have any sign of a government that is willing to make the small steps towards a better future in agriculture. I do believe Australia should have a manufacturing industry.” The Australian Financial Review reports Senator… continue reading

January 18, 2013