Hong Kong gèle les actifs du patron de presse prodémocratie Jimmy Lai lapresse.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lapresse.ca Daily Mail and Mail on Sunday newspapers.
The Morrison government wants to take foreign investment and talent from places like Hong Kong. Here s how it plans to do it. Jack Derwin Money and talent is leaving Hong Kong. Australia wants them to come here. (Vernon Yuen, NurPhoto via Getty Images)
The federal government is making a $550 million pitch to attract global investment and expertise to Australia.
According to the AFR, the package will see the ATO set up a special concierge service for foreign investors amongst other measures, on the back of a fast-tracked visa initiative.
It comes as Australia increasingly looks to compete with other jurisdictions like Hong Kong and the United States when it comes to foreign investment and businesses.