delete National Security (Apple and Pear Acquisition) Regulations (Amendment)
Amendment to National Security regulations concerning the acquisition of apple and pear businesses, likely establishing screening requirements for foreign investment in the apple and pear sector.
This instrument represents exactly the kind of national security overreach that stifles agricultural commerce. Apple and pear farming is not a strategic asset warranting government intervention in acquisition decisions. Such regulations create barriers to foreign investment, reduce capital flows to regional Australia, and impose compliance costs on farmers seeking to sell their properties. If the concern is foreign ownership of agricultural land, this should be addressed through transparent, narrow targeting rather than broad acquisition restrictions. The agricultural sector—Australia's backbone—benefits from free trade in both goods and investment, not regulatory obstacles that deter productive capital. These amendments likely add layers of red tape with negligible national security benefit while restricting property rights and suppressing competition in agricultural markets.