Questions have been asked 'for a very long time' over foreign investment | Sky News Australia

Sky News host Jane Marwick says "a lot of Australians want Australia to be more self-reliant" as calls for further foreign investment reform intensifies.

Treasurer Josh Frydenberg had recently announced changes to the foreign investment framework in Australia which are designed to protect the country's national interests as the economic implications from the spread of coronavirus arise. "There are lots of questions that everyday Aussies have been asking for a very, very long time," Ms Marwick told Sky News host Peta Credlin.

That has to come with understanding many lower trades educationally speaking are not worth 100k a year. And unions need to go!

Not happy Jane.

ScottMorrisonMP PeterDutton_MP macsween_prue Anti thug laws Union labor drove Australia's industry and jobs offshore Bring back vital industry and jobs 'Canberra is back to playing political games at the expense of the nation's economic future'

There is a big problem with this at least re agriculture. Our trillion dollar super won’t or ever touch it as it’s risky. It serves no strategic value (to them maybe not others-problematic). MUST be forced. Like in Brazil. Banks must loan a percentage of lending to this industry.

Yep. We the punters have been saying that for a looong time...

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US investment and improved technology key to the success of business in Australia | Sky News AustraliaHancock Prospecting Executive Chairman Gina Rinehart says she would like to see Australia “welcome US investment” to improve the “sustainability, safety, productivity and competitiveness' of Australian businesses. \n\nMs Rinehart said she initially needed “to borrow more than US seven billion (dollars)” to fund her $10 million dollar iron ore mining operation at Roy Hill.\n\nThe project went on to become a financial success and broke records as the “largest largely green field debt funding from mainland resource projects anywhere in the world,” she said \n\nAccording to Ms Rinehart, 'the USA is a world leader in technology, automation and robotics which along with cutting red tape and taxes, is critical to improving productivity and competitiveness in Australian businesses”. \n\nEfficient train operations and battery technology had helped to reduce power costs for her company, she said. \n\nMs Rinehart is now in the process of contributing towards the development of an interim solution targeting “improved protocols to help patients suffering with COVID-19”. \n Big Gina Look at all this impartial, unbiased journalistic integrity 🤣
Source: SkyNewsAust - 🏆 7. / 78 Read more »