THE federal government is unlikely to intervene in the sale of Australia’s largest dairy, the Van Dieman’s Land Company (VDL) to Chinese interests, according to political commentators.
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Tasmanian businesswoman Jan Cameron, who is underwriting a counter bid for the company, has called on the federal government to stop the sale to Moon Lake Investments.
Ms Cameron said the ability to block the sale was now firmly in the hands of Federal Treasurer, Scott Morrison. Her calls have been backed by Independent MP Andrew Wilkie and cross bench senators.
But political commentators say it’s unlikely the Treasurer will intervene, or that the proposed sale to Chinese backed Moon Lake Investments would have any political impact federally.