8 hours ago
The Federal Treasurer has revealed he blocked a foreign takeover bid for GrainCorp partly because the US-based company was "not of good character".
Joe Hockey (ADM) late last year, drawing criticism from the Opposition and several business groups.
At the time, Mr Hockey said the $3.4 billion takeover was not in the national interest.
But at a function in Sydney on Wednesday night he went further, saying the company needed to show it could be a good corporate more