date:Dec 02, 2013
Treasurer Joe Hockey on Friday said he did not believe a 100% take-over would be in the national interest.
We are disappointed by the government of Australia's decision, a State Department spokeswoman told the Australian Financial Review on Monday.
The US was the largest foreign direct investor in Australia, with $US132 billion (A$145 billion) in investment projects to date, it said.
We look forward to working closely with Australia's government to build stronger trade and investment ties.
Th