I think this quote sums it up quite nicely.
“If we fail to remain competitive, Australia will incur a substantial opportunity cost and, in the worst-case scenario, our resources will fall into overseas hands and we will become a branch office —
just like Canada.”
Don Argus former BHP Billiton 2008 in the Hellenic Shipping News.
http://www.thestar.com/business/arti...trol-of-potash