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Australia to increase size of Foreign Investment Review Board

21 December 2009

The Australian Treasurer, Wayne Swan, has announced an increase to the size of the Foreign Investment Review Board from three members to four, in 2010.

Mr Swan said that the addition of new members will broaden the expertise and experience of the Board.

He said he has asked the Board to review and improve Australia’s communication of its foreign investment policy.

Early in the new year the Board will release an easy-to-read version of the foreign investment review framework for investors, which will be available in Chinese, Japanese and Bahasa Indonesian, as well as in English.

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