Senate debates Bills

Foreign Acquisitions and Takeovers Legislation Amendment Bill 2015; In Committee


Peter Whish-Wilson

Peter Whish-Wilson Tasmania, Australian Greens

6:03 pm

I have a question for the minister. The FIRB referral process has been around for a while now around different asset classes and different countries through different trade deals. Can the minister provide any evidence to the Senate that the FIRB process and the so-called red tape or cost of these FIRB assessments have led to any disincentives for foreign investment in this country?

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