Arthur Sinodinos (NSW, Liberal Party, Cabinet Secretary) Share this | Hansard source

Foreign investment has been important across the whole of our economy, but the Foreign Investment Review Board is an important mechanism to scrutinise proposals to give an assurance to the Australian public that that investment is in our national interest. It is very important we understand that. So we welcome foreign investment, but we welcome it on our terms, depending upon the sector of the economy and the sensitivity of any particular sector. The agricultural sector has been a great beneficiary of foreign investment since 1788.