That's nothing new. During the recessions of the 90s and 00s, it was the Americans who came in and snapped up Australian companies as bargains. Mainly food comp

That's nothing new. During the recessions of the 90s and 00s, it was the Americans who came in and snapped up Australian companies as bargains. Mainly food companies such as Arnotts Biscuits, etc. https://www.news.com.au/finance/business/us-ownership-of-australias-biggest-companies/news-story/5e0361d3e4433be0c4c1c40c8254cac1 https://www.news.com.au/finance/business/us-ownership-of-aus...