It's Australia's own fault. There a couple of local entrepreneurs build up a company from scratch, need to sell out of it to move into a retirement phase and who's there to invest into it to see it continue in Australian ownership...?
Which Australian superannuation fund took it on?
Which Australian sovereign wealth fund was there to snap it up and continue building on the shoulders of these giants?
I know that as the stampede to invest was dying down to a trickle, there were still several million Aussies prepared to leverage themselves to their back teeth to bid up an already overpriced shack to keep the rain off.
We do it to ourselves, guys. Blame no one else!