Treasurer Jim Chalmers should stand up to a despicable private-equity bully for the sake of foreign investment into Australia.
Australia to be the destination where global investment flows first and grows fastest
If foreign suitors can use the treasurer's signature to scupper their own bids, why would Australians entertain their "offers"?
As Chalmers said, it takes both sides of a deal to tango, if he wants Australia to be a top destination for global investment.
Author's summary: Chalmers must confront private-equity bullies to boost foreign investment.