Amendments to Foreign Acquisitions and Takeovers Act
Source: The Treasurer
"The Act provides the basis for the Treasurer to examine proposed foreign investments in Australian businesses and assets to ensure they are not contrary to the national interest.
...In light of the growing use of more complex investment structures, the Government intends to clarify the operation of the foreign investment screening regime. The Government will amend the Act to ensure that it applies equally to all foreign investments irrespective of the way they are structured."