Senate debates

Monday, 23 November 2015

Bills

Foreign Acquisitions and Takeovers Legislation Amendment Bill 2015; In Committee

5:16 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

As it says in the letter, 'The government will shortly commence a process for developing an implementation approach involving full public consultation.' 'Full public consultation' obviously means exactly that: full public consultation. That process is yet to occur. To this point, what there has been is consultation by the government with interested parties in the Senate and through the internal processes of government. But before we reach a final landing point in relation to relevant matters, as is envisaged in the agreement outlined in this letter, there will be further consultation—indeed, there will be full public consultation—on all relevant matters.

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