Overseas investors with a proven record, such as Canadian pension funds, will receive accelerated approvals under a revamp designed to lure foreign capital.
At the same time, extra safeguards will be established for higher-risk proposals, such as Chinese entities seeking to invest in critical infrastructure and minerals.
Loading...
Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com
