Nigel Driffield, Warwick Business School, University of Warwick
Foreign ownership of British firms can often bring benefits.
A new act in Canada bans non-citizens, non-permanent residents and foreign commercial enterprises from buying Canadian residential properties.
(Shutterstock)
Since foreign owners only represent a tiny segment of the housing market, it’s unlikely that Canada’s new ban on foreign homebuyers will make homes more affordable for Canadians.
Jessica C Lai, Te Herenga Waka — Victoria University of Wellington and Jesse Pirini, Te Herenga Waka — Victoria University of Wellington
Innovation means creating and capturing value from new things. And it’s better for the Kiwi economy if investment in that innovation grows local industries and creates jobs.
Scott Morrison rejected earlier foreign-controlled bids for the S Kidman & Co. pastoral empire on national interest grounds.
AAP/Lukas Coch
Katter’s Australian Party federal MP Bob Katter said 30% of the Northern Territory’s farmland and 22% of Tasmania’s farmland is foreign-owned. Is that true?
Whose land are domestic and foreign real estate investors trading?
AAP/Lukas Coch
The history of foreign investment in land and real estate shows the global movement of people and capital is closely linked to the prevailing geopolitics.
Scott Morrison told a news conference the Turnbull government welcomed foreign investment where it was consistent with Australia’s national interest.
Mick Tsikas/AAP
Treasurer Scott Morrison has announced that his “preliminary decision” is that the purchase of the Kidman pastoral empire by a Chinese-dominated buyer “is contrary to the national interest”.
A study has found that Australians aren’t primarily motivated by racism in their attitudes towards Chinese investment and foreign investment.
Lukas Coch/AAP
Prime Minister Tony Abbott has announced long-promised changes to the rules for foreign land purchases and ownership in Australia. There are two key changes. First, the Foreign Investment Review Board…
Hochtief: the new top dog at Leighton.
Marcus Brandt/AAP
With the move by Spanish controlled builder Hochtief/ACS to increase ownership of Leighton Holdings to 74%, management and control of a leading Australian company will go overseas. Already Leighton chief…
Imagine that Virgin Australia was majority owned by a Chinese state-owned enterprise (SOE). Then, if the owners of Virgin tipped A$350 million of new equity into the company to sustain Virgin through a…
House prices in Australia are still sky high.
markehr
London-based think tank Civitas has called for restrictions on foreign buyers as a solution to escalating house prices in the UK capital. They suggest the UK adopts a similar approach to that used in Australia…
Qantas wants a regulatory environment that would allow more foreign investment in the airline.
Paul Miller/AAP
Federal Treasurer Joe Hockey has kicked off a debate about the foreign ownership of Qantas, flagging a review of the legislation that currently limits foreign holdings. He says the airline is bound by…
Close to 90% of Australia’s farmland remains locally owned.
Flickr: Cha222
Why do we clamour to keep foreign-owned car makers here, paying them billions of dollars to stay, while being wary of foreign investment in farms? Around 0.1% of foreign investment last year was in agriculture…
The ban on live cattle exports to Indonesia caused a major rift in relations. Can new governments in both nations repair the damage?
AAP/Animals Australia
Somehow, the debate on Indonesia-Australia relations has got stuck on Bali, beef and boats. While there is no point pretending that either beef or boats are about to disappear as issues any time soon…
Indonesian ownership of Australian cattle is a step in the right direction for both countries, but welfare still needs work.
AAP Image/Alan Porritt
Australians should not be alarmed but pleased at the current Indonesian proposal to invest in cattle production in the north of Australia. It demonstrates a renewed confidence in Australia’s ability to…
A river at Cubbie Station, southwest Queensland, in 2004.
AAP/Supplied
Until the recent bid from a Chinese-Japanese consortium Shandong RuYi for megafarm Cubbie Station, it appeared the property would limp along under locally-based administration. But then the opportunity…
Sensible Australian farmers don’t object when foreign investors want to buy their problematic assets.
AAP Image/Cubbie Group
Controversy surrounding the recent sale of Cubbie Station in Queensland near the New South Wales border to (mainly) Chinese interests is not unexpected. Fears about foreign ownership in Australia are long-standing…
One question that arises on the topic of real estate is the scale of foreign investment and ownership in Australia. It is understandable that the public has concerns about such investment, especially as…