Senate debates Questions on Notice

Foreign Investment (Question No. 542)


David Johnston

David Johnston WA, Liberal Party, Shadow Minister for Defence

asked the Minister representing the Minister for Foreign Affairs, upon notice, on 25 March 2011:

(1) Was the department consulted prior to the change in Australia's foreign investment rules; if so, when.

(2) Was Chinese investment in Australia mentioned during any discussion concerning the proposed change to Australia's foreign investment rules prior to the announcement in August 2009; if so, when.

(3) Was the department advised by Treasury officials that the change in Australia's foreign investment rules were intended to pose new disincentives for Chinese investment in Australia, or any words to that effect; if so, when.

(4) Has the Chinese Government made representations to either the department or the Minister's office concerning these changes; if so, when and can details of their content be provided.

Stephen Conroy

Stephen Conroy Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate

The Minister for Foreign Affairs has provided the following answer to the honourable senator's question:

(1) No.

(2) No.

(3) No.

(4) No.