New foreign investment rules a beat-up
Today's big announcement by the Treasurer on tightening our foreign investment laws is more politics than policy, says Greens Treasury spokesperson Senator Peter Whish-Wilson.
"On the surface of it, today's announcement is all about politics. The Treasurer is sending a message to the hard-line conservatives in his own party about cracking down on foreign investment, especially potential Chinese state-owned investment in Australia.
"The idea that somehow this is a significant reform or shift in our foreign investment laws is simply a beat-up of epic proportions.