Grain silos, cheese and a flying kangaroo stir the emotions - at least when it comes to foreign ownership.
The partial sale of home-grown biscuit brand Arnotts in 1992 was emotional enough.
Back then, the Arnott family ran television ads with the slogan "Can you put a price on Arnotts?" as the American Campbell Soup Company made a hostile takeover bid for the maker of Tim Tams.
That was also the year that Qantas and the NSW Grain Handling Authority, now known as GrainCorp, were privatised.
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Treasurer Joe Hockey on Friday blocked American food giant Archer Daniels Midland (ADM)'s $3.4 billion takeover bid for GrainCorp, Australia's biggest grains handler and exporter.
That's good news isn't it? I wonder how long he'll be able to block it though, until the pressure gets to him?
