"WHEN one of the world's biggest investment companies stops investing in Australia because of sovereign risk concerns you know there is a real problem"
"Sadly, international investors are taking an increasingly dim view of Australia because of a host of unresolved issues and the growing list of bad decisions taken by the Rudd-Gillard governments.
A top Australian chief executive was advised recently by one of the top four investment houses in the world, entrusted with trillions of investor dollars, that it had stopped investing in Australia and was instead focusing on more "stable and predictable" jurisdictions.
Another prominent Australian businessman, who specialises in introducing foreign investors to mining, property and construction opportunities, said the Chinese were increasingly "switching off" in relation to Australia, to the point of "paying out" initial contracts".............READ MORE
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