Australia tightens foreign investor rules

By Matt Coughlan
Updated March 30 2020 - 10:28am, first published 10:24am
Foreign predators could take advantage of the massive slump on the Australian Securities Exchange.
Foreign predators could take advantage of the massive slump on the Australian Securities Exchange.

Foreign bids for Australian businesses will face beefed up investment rules designed to guard against predators swooping during the coronavirus crisis.