AUSTRALIA must allow Chinese investment in farmland up to $1 billion without review, page-14

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    Gladys Liu's Liberal Party branch pushed an unusual motion within the Liberal Party to relax foreign investment laws prior to her becoming a federal MP.

    At the 2017 Victorian Liberal Party conference, the party's Eastern Multicultural Branch, of which Ms Liu was the president, proposed a motion that would make foreign investment in agribusiness and agricultural land easier without approval by the Foreign Investment Review Board.

    It also accused public attitudes toward foreign investment as being driven by xenophobia.

    The motion, obtained by the ABC, called for the raising of the $15 million screening threshold for agricultural land and the $55 million threshold for agribusiness. Any investment above these levels must be approved by the board.

    Gladys Liu's Liberal Party branch called to relax foreign investment laws before she became federal MP - ABC News
 
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