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National interest test on foreign investment doesn't reflect risk, select committee says

Report said investments were picked up that posed no risk to national security or national interest.

Brent Edwards Tue, 09 Mar 2021

Parliament’s Finance and Expenditure Select Committee has recommended changes to overseas investment legislation to make it a bit easier for foreign investors.

Tougher rules came into effect after the country was hit by the Covid-19 pandemic, mainly in response to the government’s fear that

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National interest test on foreign investment doesn't reflect risk, select committee says
Politics,
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