{"id":2878,"date":"2016-11-07T14:27:04","date_gmt":"2016-11-07T04:27:04","guid":{"rendered":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/?p=2878"},"modified":"2016-11-24T08:57:22","modified_gmt":"2016-11-23T22:57:22","slug":"should-australia-be-more-open-to-foreign-investment","status":"publish","type":"post","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/should-australia-be-more-open-to-foreign-investment\/","title":{"rendered":"Should Australia be more open to foreign investment?"},"content":{"rendered":"<p>On Thursday 3 November the APEC Study Centre (ASC) at Griffith co-hosted with Morgans Financial Ltd a downtown symposium on \u201cShould Australia Be More Open to Foreign Investment?\u201d<\/p>\n<p>Larry Crump, ASC Deputy Director, introduced the event referring to our mission and recent achievements. The panelists &#8211; Michael Knox, Chief Economist, Morgans Financial Ltd, Simon Fischer, Principal Project Officer, Trade and Investment Queensland, Andreas Chai, Director, Economic Policy Analysis Program, Griffith Business School, and Tony Makin, Director, APEC Study Centre, Griffith Asia Institute &#8211; then canvassed a range of interesting foreign investment related themes.<\/p>\n<p>The discussion centred on recent global, Asia-Pacific, Australian and Queensland trends in foreign investment, why foreign investment is growth enhancing at the macroeconomic and microeconomic levels, what constitutes the \u2018national interest\u2019, what policies at State level assist foreign investment, and how immigration drives capital inflow into Australia.<\/p>\n<p>In answer to the question posed for the symposium, the panel consensus was that Australia and Queensland have been very well served by foreign inward investment throughout history and that yes Australia should continue to welcome inward foreign investment.<\/p>\n<p>Foreign investment in certain sectors (eg mining and advanced manufacturing) can be expected to pay greater dividends to the Australian and State economies than in others (most notably real estate). Overall, more foreign investment in a range of local industries would further bolster economic growth.<\/p>\n<p>Copies of the presentations from the symposium are available\u00a0below:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.griffith.edu.au\/__data\/assets\/pdf_file\/0004\/929839\/Simon-Fischer-GAI-APEC-Nov2016.pdf?bustCache=11623396\">Simon Fisher<\/a><\/li>\n<li><a href=\"https:\/\/www.griffith.edu.au\/__data\/assets\/pdf_file\/0012\/929847\/Tony-Makin-GAI-APEC-Nov2016.pdf?bustCache=75814547\">Tony Makin<\/a><\/li>\n<li><a href=\"https:\/\/www.griffith.edu.au\/__data\/assets\/pdf_file\/0010\/929863\/Andreas-Chai-GAI-APEC-Nov2016.pdf?bustCache=52484967\">Andreas Chai<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday 3 November the APEC Study Centre (ASC) at Griffith co-hosted with Morgans Financial Ltd a downtown symposium on \u201cShould Australia Be More Open to Foreign Investment?\u201d Larry Crump, ASC Deputy Director, introduced the event referring to our mission and recent achievements. The panelists &#8211; Michael Knox, Chief Economist, Morgans Financial Ltd, Simon Fischer, [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":2894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[256,529,401],"class_list":["post-2878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-apec","tag-dr-larry-crump","tag-professor-tony-makin"],"acf":[],"modified_by":"Christine Kowalski","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Should Australia be more open to foreign investment? 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In this, an election year, I examine the status of our most important international relationships. My verdict: decidedly shaky.\u2026","rel":"","context":"In &quot;Feature series&quot;","block_context":{"text":"Feature series","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/category\/publication\/feature-series\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/foreign-policy-volatility-900x500.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/foreign-policy-volatility-900x500.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/foreign-policy-volatility-900x500.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/01\/foreign-policy-volatility-900x500.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":8944,"url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/covid-19-is-changing-financial-inclusion-can-policymakers-keep-up\/","url_meta":{"origin":2878,"position":1},"title":"COVID-19 is changing financial inclusion: Can policymakers keep up?","author":"Griffith Asia Institute","date":"21 February 2022","format":false,"excerpt":"SHAWN HUNTER AND PETER ROSENKRANZ | The COVID-19 pandemic has increased the importance of ensuring that the poorest and most vulnerable people have access to formal financial services, given their role in supporting inclusive economic recovery and resilience. With demand for digital services skyrocketing during the pandemic, the Asia-Pacific region\u2026","rel":"","context":"In &quot;Feature series&quot;","block_context":{"text":"Feature series","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/category\/publication\/feature-series\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2022\/02\/financial-inclusion-900x500-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2022\/02\/financial-inclusion-900x500-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2022\/02\/financial-inclusion-900x500-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2022\/02\/financial-inclusion-900x500-1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":10364,"url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/perspectivesasia-surviving-the-new-cold-war-as-a-middle-power\/","url_meta":{"origin":2878,"position":2},"title":"Perspectives:Asia | Surviving the new cold war as a middle power","author":"Griffith Asia Institute","date":"9 March 2023","format":false,"excerpt":"https:\/\/www.youtube.com\/watch?v=sQdLsEG1VeQ PERSPECTIVES:ASIA\u00a0|\u00a0PETER K LEE\u00a0| In the evolving landscape of the Indo-Pacific, middle powers such as Australia are confronted with increasingly complex choices between the United States and China. This new Cold War presents unique challenges and opportunities, and Australia, once navigating a different geopolitical reality, now finds itself among a\u2026","rel":"","context":"In &quot;Event - Perspectives:Asia&quot;","block_context":{"text":"Event - Perspectives:Asia","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/category\/events\/perspectives-asia\/"},"img":{"alt_text":"(L-R) Professor Ian Hall, Acting Director, Griffith Asia Institute, Griffith University, Dr Peter K Lee, Research Fellow in the Foreign Policy and Defence Program at the United States Studies Centre and Korea Foundation Research Fellow at the University of Melbourne\u2019s Asia Institute and Tarun Nagesh, Curatorial Manager, Asian and Pacific Art at QAGOMA. (Image: Chlo\u00eb Callistemon)","src":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/12\/banner-Peter-K-Lee.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/12\/banner-Peter-K-Lee.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/12\/banner-Peter-K-Lee.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/12\/banner-Peter-K-Lee.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":10376,"url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/perspectivesasia-australias-pivot-to-india\/","url_meta":{"origin":2878,"position":3},"title":"Perspectives:Asia | Australia\u2019s pivot to India","author":"Griffith Asia Institute","date":"9 November 2023","format":false,"excerpt":"PERSPECTIVES:ASIA\u00a0|\u00a0ANDREW CHARLTON \u00a0| https:\/\/www.youtube.com\/watch?v=wyZ57trQKAc India is on the rise to become the next global superpower, with a population expected to be larger than the United States and China combined by 2050. For Australia, India has emerged as a new partner offering hope for a more secure and balanced region. The\u2026","rel":"","context":"In &quot;Event - Perspectives:Asia&quot;","block_context":{"text":"Event - Perspectives:Asia","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/category\/events\/perspectives-asia\/"},"img":{"alt_text":"(L-R) Simon Elliot, Deputy Director, Collection and Exhibitions at QAGOMA, Dr Andrew Charlton, Member of Parliament for Parramatta and Professor Christoph Nedopil Wang, Director, Griffith Asia Institute, Griffith University. 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In general terms, both the Philippines and Australia tend to view the US, perhaps also China, as hubs around whose interests and values we in this region revolve \u2013 or in multilateral terms, of course ASEAN, although that leaves\u2026","rel":"","context":"In &quot;Commentary&quot;","block_context":{"text":"Commentary","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/category\/publication\/commentary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/07\/AU-PH-Connecting-the-spokes.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/07\/AU-PH-Connecting-the-spokes.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/07\/AU-PH-Connecting-the-spokes.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2019\/07\/AU-PH-Connecting-the-spokes.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_likes_enabled":true,"featured_image_thumbnail_url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2016\/11\/GAI-APEC-Nov2016.jpg","_links":{"self":[{"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/posts\/2878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/comments?post=2878"}],"version-history":[{"count":0,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/posts\/2878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/media\/2894"}],"wp:attachment":[{"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/media?parent=2878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/categories?post=2878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/tags?post=2878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}