The federal government has altered the laws relating to foreign investment. The government wants the foreign share of greenfields development in the resources sector to be below 50%, and around 15% for major miners.
Foreign investment
Morning Market Report: Tougher FIRB laws
Buffett edgy on over-stimulated debt
The Berkshire Hathaway CEO, legendary investor Warren Buffet, has warned of the dangers of excessive fiscal stimulus and the dire effects of an ever-increasing public debt.
German group buys Keelty Towers in Canberra
Sections of the business media seem to be suffering selective xenophobia, writes Alex Mitchell.
Crikey Clarifier: Who has the final say on foreign investment decisions?
Crikey asked HSBC Chief Economist John Edwards: who has the final say on foreign investment decisions?
Morning market report
All the latest market news, brough tto you by Marcus Padley.
Wayne Swan confuses everyone on Chinese takeovers
Chinese investment is completely lacking in transparency, writes Stephen Mayne.
Wayne Swan’s $500m Origin bonanza
Wayne Swan should adjust his budget forecasts after British Gas’s Origin bid, writes Stephen Mayne.
China’s unprecedented Australian resources grab
Yes, China is hungry for Australia’s resources and yes, it is more than happy to pay for them, writes Stephen Mayne.
Briefly Business: China’s first hostile takeover, Customers ok with rate moves
China’s first hostile takeover … Customer satisfaction ratings weather interest rate moves … Asian Stocks Fall, Led by Commodity Producers; BHP Declines.
Origin Energy targeted for $12.91 billion takeover bid
Australia’s second biggest energy retailer, Origin Energy has received a $13 billion takeover offer from British gas company, BG Group, writes Glenn Dyer.
Time to see through the foreign investment regulation
After a flurry of speculation last week, the rumoured Chinese play for BHP last week has fallen off the radar. But the Chinese are still workning behind the scenes, writes Bernard Keane.
Don Argus’s China syndrome melt down
BHP-Billiton chairman Don Argus is getting close to hysterical xenophobia with his warnings about China Inc, writes Stephen Mayne.
China buys Timor oil: that’s the way of the future
The global credit crisis can be boiled down to one very simple proposition: the major western democracies have been living beyond their means and are saddled with too much debt, writes Stephen Mayne.
