Malcolm Roberts (Queensland, Pauline Hanson's One Nation Party) Share this | Link to this | Hansard source

We have to wonder whether this government is capable of stopping any bit of Australia being sold to foreign multinational corporations, or is it all just part of its digital ID plan? We're going to find out when the Foreign Investment Review Board makes its decision on the $24 billion buyout of Australian-founded data firm AirTrunk. AirTrunk is the largest data centre platform in the entire Asia-Pacific region. A conglomerate of multinational investment firms and foreign pension funds is about to buy it. It wasn't that long ago the government somehow let China buy a 99-year lease to control the Port of Darwin, Australia's most northern and strategically vital port. Less than a year ago, the Albanese government decided to keep letting China own the 99-year port lease. Many are still dumbfounded. How could we ever let this happen?

As data becomes as valuable as gold in an increasingly digital world, we may one day look back at the sale of AirTrunk in the same way. Data is fast becoming an essential utility for the entire world. All the opportunities a digital world presents are clear yet the risks of profit-hungry corporations and increasingly tyrannical governments abusing digital identity outnumber the benefits.

In a digital identity world, where privacy protections are paper-thin, sovereign control of our data centres is a matter of economic and national security, and personal security. Unfortunately, except in the most severe and blatant cases, the Foreign Investment Review Board has a track record of not appreciating the importance of Australians owning Australia. We can anticipate that the Foreign Investment Review Board will rubber-stamp this deal, like so many others. The data centres that Australians' sensitive data passes through and sits in will become foreign-owned. Let's put Australians first and ban foreign ownership of sensitive companies.