Quote:
Originally Posted by Polyal
And as a business owner in a free market how would that make you feel? Knowing you could be dropping a large % in the sake of the "national" interest?
What if the buyers are not lining up?
You cant, for the most part, say you can not sell assets to particular people. If the are Gov/Commonwealth owned then that is different, but not private.
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Quote:
Foreign Investment Review Board to be given greater approval powers amid increasing national security risk
Changes to Australia's foreign investment rules should not inflame tensions with China, Prime Minister Scott Morrison has said while unveiling a sweeping overhaul aimed at protecting Australia's national security.
Key points:
Approvals will now be needed for all foreign investments in "sensitive" sectors
The Treasurer will be able to force a foreign company to sell its stake if a national security risk arises
The Government says the changes are not directed at any particular country
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https://www.abc.net.au/news/2020-06-...esses/12324276
Well look at that! Who'd have thought they should investigate further
