Chinese and Japanese Foreign Investment a diaster for regional rural Australia
Admin | January 5, 2011
National Foods Limited Chinese and japanese sponsored big money are helping to destroy every Australian farm and food producer across Australia.This is what is happening now and whats about to happen on a larger scale. An actual account of how it hurts Australian regional and rural communities. The negative experience of the sell out to foreign national Kirin holdings of National Foods Australia and Berri Fruit Juice Experience. National Foods Australia lost it way after been acquired by overseas interests and is no longer answerable to anyone here in Australia. Purchased firstly by the Philippines San Miguel and finally by the Japanese Mitsubishi Corporation through its division called Kirin Holdings who then bought out National Foods Australia. Recent Years have seen National Foods gain market dominance through acquisitions of Heritage brands with a long history here in Australia. Since then have begun to centralize operations and by closing the rural operations that had helped make the various milk brands viable such as Pura Milk Coon Cheese dairy farmers and farmers union and also with various juice brands such as Berri Just Juice and daily squeeze turning them into profits that head offshore. This has left in its wake massive unemployment and little opportunities for those former workers and suppliers. Further to unemployment crisis they have also provided the environment for foreign nationals mainly Chinese and Asians to set their eyes on purchasing farms though out …