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Friday 4 October 2013

Joe kicks the can down the road

In a statement released this afternoon, Mr Hockey said the deadline for a decision on the $3 billion proposal had been extended to December 17.
Mr Hockey's decision is seen as the Government's first major policy test on foreign investment, after pre-election speculation about revised guidelines for the Foreign Investment Review Board.
"Given the size of this transaction and the complex nature of the issues involved, I have decided to extend the statutory time period," Mr Hockey said. ABC

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