Media Release

Member for Kennedy Bob Katter says the ACCC’s approval today for a takeover of the Australian Stock Exchange is the first step to selling off Australia’s economic future.

“It’s not enough that we’re selling off our businesses, our land and our industries; they want to sell off the very mechanism that allows our economy to function,” Mr Katter said.

“What are they going to sell off next? The Arbitration Commission, the High Court? Or Parliament House? No, that’s already been bought.”

The takeover is yet to be approved by the Foreign Investment Review Board and Parliament.

“Our hope is that my fellow Members of Parliament will reject this fanatical marketism that is taking away our sovereign right to self-determination,” Mr Katter said.

“If ever there was an example of selling your birth right for a bowl of porridge, this is it.

“We’ll be releasing the ASX briefing papers and its contents will nauseate every decent Australian.

“Anyone who allows this sale to go through is selling out Australia and selling off our nation’s future.