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Politics

Tess Ikonomou

UNBELIEVABLE: Australia facing investment drought review needed - Caught on Camera

Australia Drought Bran Black Foreign Investment

Bran Black says Australia faces an investment drought that's threatening jobs and economic growth. (Mick Tsikas/AAP PHOTOS)

The Business Council of Australia is calling for an urgent review into foreign investment, warning the nation is facing a "drought" and stands to be left behind.

In a submission to Treasury ahead of the federal budget, the council urged a UK-style evaluation of whether Australia's settings are fit-for-purpose.

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