Voters who are concerned about the sale of Australia’s sovereign wealth assets have been signing the online petition and sending the link to their friends and colleagues, which has helped boost numbers every day.
People who share my concerns may not get to have lunch at The Lodge with the Prime Minister, like senior Communist Party officials do, but there is something else they can do. They can make a submission to the Senate Standing Committee on Economics inquiry into foreign investment by state-owned entities.
On 18 March, 2009, the Senate referred the following matters to the Senate Standing Committee on Economics for inquiry and report by 17 June 2009:
a. the international experience of sovereign wealth funds and state-owned companies, their role in acquisitions of significant shareholdings of corporations, and the impact and outcomes of such acquisitions on business growth and competition; and
b. the Australian experience of foreign investment by sovereign wealth funds and state-owned companies in the context of Australia’s foreign investment arrangements.
The Committee invites written submissions which should be sent to:
Committee Secretary
Senate Economics Committee
Department of the Senate
PO Box 6100
Parliament House
Canberra ACT 2600
Australia
The closing date for submissions is Friday, 24 April 2009.
Once the Committee accepts your submission, it becomes a confidential committee document and is protected by Parliamentary Privilege. You must not release your submission without the Committee's permission. If you do, it is not protected by Parliamentary Privilege. At some stage during the inquiry, the Committee normally makes submissions public. Please indicate if you want your submission to be kept confidential.
Inquiries from hearing and speech impaired people should be directed to the Parliament House TTY number (02 6277 7799). Adobe also provides tools for the blind and visually impaired to access PDF documents. These tools are available at: http://access.adobe.com/. If you require any special arrangements in order to enable you to participate in a committee inquiry, please contact the Committee Secretary.