Streamlined Foreign Investment Process: A New Coalition Proposal

The Coalition pushes for faster approvals while the government strengthens national security checks.

Shadow Minister Angus Taylor at a press conference at Parliament House in Canberra, Australia on Feb. 17, 2022. AAP Image/Mick Tsikas

The Coalition has pledged to introduce a streamlined approval process for foreign investors from key allies, including Quad, Five Eyes, and AUKUS partners.

Shadow Treasurer Angus Taylor announced that a dedicated taskforce would be established to design a “white list” system, reducing paperwork and speeding up approvals for trusted investors.