Don Farrell (SA, Australian Labor Party, Parliamentary Secretary for Sustainability and Urban Water) Share this | Hansard source

Talking about mistakes, we have one right here—your bill. I guess we all learn things at university when we get involved in these organisations, but we hope not to repeat the mistakes that have been made in the past and in particular not to repeat the mistakes made in this bill. Currently, the threshold figure to trigger an inquiry by the Foreign Investment Review Board is $231 million. According to Senator Xenophon, that figure is too high and he would like to reduce it to $5 million.