Mr McCORMACK (Riverina) (16:59): Tuesday, 31 May 2011, was a momentous day in the history of the Australian rice-growing industry. A $610 million takeover bid of SunRice by Spanish food giant Ebro failed. This decision keeps a great and sustainable industry in our own hands and strengthens future food security and opportunities for our nation. As 84-year-old Ron O'Brien, formerly of Whitton, put it: 'I am extremely happy; too much of Australia has already been sold overseas.' House adjourned at 17:00