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Australia PM Morrison: New foreign investment rules will protect Australia's interests

1 month ago   |   By FXCM

Australian PM Morrison says foreign investment in Australia must be on our terms and on our rules. When asked about tensions with China, he says investment reforms should not add to them.
Key comments
Says new foreign investment rules will protect Australia's interests
Australia Treasurer Frydenberg says foreign investment critical to our economic prosperity.
Key comments
Says to create new national security test for foreign investment.
Says new rules to cover telecoms, energy, utilities, defence supply and data.
Says will be able to impose conditions, force divestment in special...
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