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Via Domainfax:
The Turnbull government will launch a second round of sweeping changes to its controversial regime to stop foreign interference in Australian politics, conceding it went too far in ensnaring offshore companies, charities and others in its original scheme.
…In a heightened warning about foreign meddling in Australian politics, Mr Porter told Fairfax Media it was “utterly critical” the twin parts of the reform went through Parliament in time to prevent any threats to the federal byelections due on July 28.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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