Treasurer Jim Chalmers proposes a risk-based foreign investment policy for Australia with increased scrutiny for national security risks.
Treasurer Jim Chalmers proposes a risk-based foreign investment policy for Australia, with tougher scrutiny on proposals affecting national or economic security. The government aims to process faster proposals in non-sensitive areas from known investors with good compliance records. The revised policy is driven by concerns about national security threats increasing as geopolitical competition intensifies.
April 30, 2024
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