INSANE: Firb | Rare Historical Photos

Treasurer blocks US takeover of Aussie pharma company

A takeover deal for an Australian pharmaceutical manufacturer has been knocked on the head, with the treasurer citing risks to the supply of critical medicines.

AAP · Nov 21, 2025

Chalmers mulls automatic approval for foreign investors

Treasurer Jim Chalmers has unveiled more changes to the nation's foreign investment review scheme as he struck down a proposed pharmaceutical takeover.

AAP · Oct 30, 2025

Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position

The Australian origins of Santos have made an indelible mark on the company’s very name. The energy giant was first incorporated in 1954 under the acronym for “South Australia Northern Territory Oil Search”. It was publicly listed on the Adelaide Stock Exchange that same year.

The Conversation · Jun 20, 2025

COVID-19, skyrocketing prices cool foreign investor appetite for Australian farms

Foreign buyers haven't been prepared to spend as much on Australian agriculture during the pandemic, compared to previous years. It comes as the price per hectare of Australian farmland skyrockets.

ABC News · Apr 23, 2022