Senate debates

Monday, 23 November 2015

Bills

Foreign Acquisitions and Takeovers Legislation Amendment Bill 2015; In Committee

8:01 pm

Photo of Glenn LazarusGlenn Lazarus (Queensland, Independent) Share this | Hansard source

I realise that when we talk about multiple purchases we may not see that all that often with individuals. But what about multicorporations, where they can put things in different business names? We see a pattern where a corporation is buying multiple properties worth just under $15 million. Is there a process in place where we can review that against Australia's interests?

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