One Nation’s decision to consult business about policies it wants to take to the 2028 federal election is welcome but does not necessarily mean the beginning of normalcy in relations between the corporate sector and the populist party’s leadership.
Taken at face value, the party’s current foreign ownership policy, which says power, water, telecommunications, roadways, and ports “would be off-limits to foreigners,” would mean billions of dollars in foreign controlling shareholdings would have to be sold.
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