Overseas investment laws need reform: Bernardi

May 29, 2018

Australian Conservatives leader Cory Bernardi says he’s concerned that Chinese investors are buying up strategic Australian assets including vast tracts of farm land and vital infrastructure like ports and airports.

The South Australian Senator says Australians can’t do the same in China so why should we be taken for mugs?

Senator Bernardi has told radio station Triple M the brakes need to be put on investment where foreign governments are buying freehold ownership of critical Australian assets.

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