Research by consultancy, International Trade Strategies (as...

Research by consultancy, International Trade Strategies (as cited by The Australian):

The FIRB has knocked back only 1.3 % of the 37,000 proposals it has considered in the past seven years.

A further 7.3 % of applications are withdrawn before the FIRB makes a decision.

The FIRB imposes conditions on 30 % of approved applications.

The FIRB agreed to the purchase of 50.1 % of Perilya by China's Zhongjin in just seven weeks with no conditions attached.