Senate debates

Wednesday, 27 June 2012

Questions without Notice

Foreign Investment

3:01 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

The government will continue to ensure that our foreign investment policies protect the national interest. Whilst I do understand Senator Madigan's concerns, as I said he has been consistent in raising those, the government is of the view, consistent with the historical reality that Australia has long been reliant on foreign capital to build and develop businesses in all parts of the Australian economy, including agriculture, that it is important we recognise the benefits that this foreign investment brings to Australians, not just in businesses concerned but across the economy.

Comments

No comments