Commonwealth Countries

Australia. Suspected foreign agents ordered to hand over documents as new unit targets China link

Mystery buyers bid for closing Australian newswire AAP

Mega Chinese wool processor grabs another Victorian farm

Australia is not for sale! Government cracks down on foreign raiders looking to snap up struggling local firms amid coronavirus crisis – after saying they were on ‘high alert’ for Chinese buyers

  • Treasurer Josh Frydenberg declared zero dollar threshold for foreign investment
  • He stressed the measures were temporary ‘for the duration of the current crisis’ 
  • Liberal MP Andrew Hastie called regulators to watch for predatory China firms 
  • China was the number one source of foreign investment in Australia in 2018-19 
  • Coronavirus symptoms: what are they and should you see a doctor?

Chinese billionaire sells huge Australian cattle stations to Queensland family

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