Australia's foreign investment approval regime: a new way forward

Q3 Social Sciences

International Journal of Public Policy Pub Date : 2017-08-25 DOI:10.1504/IJPP.2017.10006458

A. Lumsden, Lizzie Knight

引用次数: 0

Abstract

Australia's national interest is well-served by having a foreign investment regime that has the right balance between flexibility and certainty. One highly successful aspect of that policy has been the ability to use conditional approvals to ensure that applicants behave in a manner that is consistent with the national interest. The government's new legislation is an ambitious and important attempt to modernise the 40-year old foreign investment rules. We consider the new legislation successfully builds on the system including a conditional approval regime that has been improved to reflect best regulatory practices and support ongoing investment.

查看原文本刊更多论文

澳大利亚的外国投资审批制度:一条新的前进道路

拥有一个在灵活性和确定性之间取得适当平衡的外国投资制度，很好地符合澳大利亚的国家利益。该政策的一个非常成功的方面是能够使用有条件的批准来确保申请人的行为符合国家利益。政府的新立法是一项雄心勃勃的重要尝试，旨在使已有40年历史的外国投资法规现代化。我们认为，新立法成功地建立在现有制度的基础上，包括一个经过改进的有条件批准制度，以反映最佳监管实践并支持正在进行的投资。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

International Journal of Public Policy Social Sciences-Political Science and International Relations

CiteScore

0.40

自引率

0.00%

发文量

期刊介绍： The IJPP proposes and fosters discussion on public policy issues facing nation states and national and supranational organisations, including governments, and how these diverse groups approach and solve common public policy problems. The emphasis will be on governance, accountability, the creation of wealth and wellbeing, and the implications policy choices have on nation states and their citizens. This perspective acknowledges that public policy choice and execution is complex and has ramifications on the welfare of citizens; and that, despite national differences, the actions of nation states are constrained by policies determined by supranational bodies, some of which are not directly accountable to any international body.