Lion Dairy's China sale tipped down drain

The owner of Farmers Union Iced Coffee and a swag of other key local brands has pulled the plug on a deal that would have seen the Japanese company’s wholly-owned Australian dairy firm Lion Dairy & Drinks sold to a Chinese firm.

Labor takes swipe at 'bizarre' foreign investment rules

Federal Labor has taken a swipe at the government’s foreign investment rules as the Senate prepares to debate new laws.