Senator WONG (South Australia—Deputy Leader of the Government in the Senate and Minister for Finance and Deregulation) (14:41): I have to say it is interesting that that question has been asked given that the Leader of the Opposition visited China and indicated that the opposition welcomed foreign investments. One wonders whether economic policy is being dictated by the National Party or by the Liberal Party. Maybe Senator Sinodinos or Senator Fifield might want to inform us. Government senators interjecting— The PRESIDENT: Senator Nash is entitled to hear the answer, those on my right. Senator Wong, continue. Senator WONG: Thank you, Mr President. I am happy to make some comments about Australia's foreign investment. Senator Brandis: You don't know the answer to this question, do you? Senator WONG: I think it says— The PRESIDENT: Order! Interjections are disorderly and should be completely ignored. Senator WONG: It says something about you, Senator. I am happy to make some comments about the framework associated with our foreign investment regime. As the senator should know, all foreign governments and their agencies and state-owned enterprises must notify the FIRB and receive an approval before making a direct investment in Australia, regardless of the value of investment. We also, as you would know, have announced that we will implement a national foreign ownership register for agricultural land following consultations with stakeholders, and the government has made that announcement. I understand that the government has released a discussion paper— Senator Nash: Mr President, on a point of order on relevance, I specifically asked the minister about the potential lowering of the threshold of FIRB. She is yet to address the question, and I ask you to draw her attention to it. The PRESIDENT: The minister is addressing the question. The minister has 25 seconds remaining. Senator WONG: I was informing the senator about the design of the register associated with foreign ownership of agricultural land. I am advised that the government has released a discussion paper on these matters, and the consultation period ended on 1 February—this month. This continues the government's reform process in this. In relation to the study that the senator has referenced— (Time expired)