Helpful Guidance On Central Factors For Doctor Home Loan Melbourne Australia

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FILE PHOTO: A promotional sign adorns a new doctor home loan	Oak Laurel stage at a BHP Billiton function in Sydney REUTERS/David Gray/File Photo More By Sonali Paul MELBOURNE (Reuters) - Australia warned on Thursday that a push by activist investor Elliott Management to ditch global miner BHP Billiton's dual listing may be a criminal offence and was against the national interest. Elliott, led by U.S. financier Paul Singer, wants BHP to spin off its U.S. oil assets, hand back more money to shareholders and scrap dual listings in London and Sydney to consolidate them in the UK. BHP Billiton has vehemently resisted Elliott's push and Australian Treasurer Scott Morrison backed up Australia's biggest company on Thursday. "If foreign corporate raiders think they can come in and take the 'Big Australian' out of Australia, they've got another thing coming," Australian Treasurer Scott Morrison said in a video on social media, invoking the 132-year-old company's nickname. BHP Billiton is required to remain listed on the Australian Securities Exchange under the terms of the government's approval of the merger of BHP and London-listed Billiton in 2001. "The consequences of seeking to change that involve criminal sanctions, and I won't step back from instructing our agencies to take every step they need to take to prevent that from happening," he said. Elliott declined to comment on Morrison's statement.

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