Senate debates

Tuesday, 10 November 2015

Questions without Notice

Foreign Investment

2:14 pm

Photo of Arthur SinodinosArthur Sinodinos (NSW, Liberal Party, Cabinet Secretary) Share this | Hansard source

I thank the Leader of the Opposition in the Senate for her supplementary question. It is not so much about creating risks; but, by giving assurance to the Australian public that foreign investment is in our national interest, we actually help the Australian community to support foreign investment. This is not about stopping investment; it is about providing scrutiny that such investment is in the national interest. It is very important we understand that. Both sides of politics have supported the Foreign Investment Review Board from its inception. It is very important we continue to have these mechanisms to scrutinise proposals in the national interest.

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