Significance
The bill went through its first reading the same day, with no amendments tabled by the opposition. The bill will now be considered by the Senate Foreign Affairs, Defence and Trade Legislation Committee, with the second reading expected in November.
Impacts
Other governments with concerns about foreign interference at sub-national level may follow Australia’s example.
Australia’s Department of Foreign Affairs and Trade, facing budget and personnel cuts, may struggle to meet new oversight needs.
Affected foreign governments may lobby state/territory governments and universities to oppose the bill.
The planned public register of these arrangements will allow for more third-party assessment of these often undisclosed deals.