Bushranger 71
Hi Johnno. Methinks Australian has caused own problems through allowing foreign ownership/control of defence industry related assets, like Government Aircraft Factories, Australian Aviation, shipbuilding infrastructure, ammunition production. Who really knows the detail of contractual arrangements cooked up between the influential big players in defence industry and the Defence Material Organization, which seemingly has too much authority with lack of adequate governmental oversight?
A more appropriate course for successive Federal Governments would have been to reta in outright ownership/control over defence support facilities. It might surprise to ascertain just how much defence funding is being siphoned offshore via multinational corporation profits.
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