comments by peter costello today it seems he is given the strongest indication yet if he approves the sale ,all bets are off with SQ/EK and others.
having spoken to a state libs (yeah, the enemy) backbencher many of them dont like the idea at all.as i mentioned before the new tax rules allow foreign companies to pick up any local icon on some magic financial engineered package and use the australian taxpayer/ office to pay for it. negative gearing is beiing brought to new heights.
this is only the beginning of a lot more deals like that under johnny howards new australia.
