4th Dec 2019, 4:09 PM – Senate Committees - Economics References Committee - Reference

The majority voted in favour of a motion introduced by Tasmanian Senator Peter Whish-Wilson, which means it was successful (see the inquiry webpage).

Motion text

That the following matter be referred to the Economics References Committee for inquiry and report by 7 September 2020:

The review of foreign investment proposals against the national interest test, with particular reference to:

(a) the protection of Australia's market-based system from manipulation that would benefit proposed foreign investment;

(b) the assessment of the impact of proposed foreign investment on market concentration and competition;

(c) the imposition of conditions on foreign investors;

(d) the extent to which the risk that foreign investment proposals are being used for money laundering is examined;

(e) the role of the Foreign Investment Review Board; and

(f) any other related matters.