Senate debates
Thursday, 27 February 2020
Bills
Australian Business Growth Fund Bill 2019; In Committee
11:14 am
Pauline Hanson (Queensland, Pauline Hanson's One Nation Party) Share this | Hansard source
Minister, there is growing concern from the Australian people that our industries and manufacturing businesses are being bought out by foreign investment. This bill states, as the Treasurer said in his speech on the floor of parliament on 5 December:
Established Australian businesses will be eligible for long-term equity capital investments between $5 million and $15 million.
Minister, is it in the bill that they have to be Australian businesses—Australian owned businesses?
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