Australia to toughen foreign investment laws citing national security
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SYDNEY (Reuters) - Australia will toughen its rules around foreign investment including additional powers to change the terms of an acquisition by an overseas entity if it threatens national security, Treasurer Josh Frydenberg will announce on Friday.The new rules are being launched at a time of increased concern that Australian companies are vulnerable to opportunistic takeovers as the coronavirus crisis hits the Australian share market. Under the new rules, the Foreign Investment Review Board..