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Adapting investment rules for a new age – a stitch in time, or too darn much?

Wednesday, March 21, 2018

11:30 - 12:20 Ballroom 2

Speakers

Speakers

The Honourable Steven Ciobo MP

Minister for Trade, Tourism and Investment, Australia

A more interdependent world, disruptive technologies and noisy dissents to open markets orthodoxy are raising new challenges for policymakers and commercial decision makers alike. Australia is at the frontier of this debate; with comparatively high levels of foreign investment, a long-standing openness to capital inflows, and the confidence to privatize infrastructure and introduce contestability for essential services, Australia has been leading the way in managing these risks. Australia has introduced rules to ensure the secure management of its most sensitive assets while maintaining an open foreign investment regime. Is Australia making the right decisions – is its policy approach a winning strategy for governments and investors? Minister Ciobo will discuss the evolution in Australia’s investment rules and explain why others are following its example.

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