Senate debates

Monday, 23 November 2015

Bills

Foreign Acquisitions and Takeovers Legislation Amendment Bill 2015; In Committee

8:02 pm

Photo of Nick XenophonNick Xenophon (SA, Independent) Share this | Hansard source

This is relevant to the amendment, and I would like to put on the record that I do not support the first part of the amendment. I think the $5 million threshold is a reasonable threshold. The reason I say that is—and I am not sure if any of the advisers' hair is grey enough to have a corporate memory going back to the 1960s and 1970s. I doubt it, I think—

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