An Australian MP is calling for greater protection of Australia’s assets and industries as concerns over foreign takeovers loom.
Andrew Hastie, Liberal MP and Chair of the Parliamentary Joint Committee on Intelligence and Security told 2GB host Alan Jones that the Foreign Investment Review Board (FIRB), who approves the sale of national assets to foreign investors, is “well aware” of the risk of predatory behaviour from Chinese companies that seek to purchase distressed Australian businesses and assets that have been impacted by the CCP virus, commonly known as the coronavirus, pandemic.
