52544 (2024). Hon Julie Anne Genter to the Minister of Finance

52544 (2024). Hon Julie Anne Genter to the Minister of Finance: Will the future well-being of staff and residents in aged care facilities and retirement villages currently owned by Arvida Group be a factor considered by the Government in its national interest assessment of the sale to an overseas investment fund under the Overseas Investment Act 2005?

Hon Nicola Willis: I cannot comment on active cases under the Overseas Investment Act. The Government considers all relevant statutory criteria (including, where relevant, a national interest assessment) when deciding on applications. When a national interest assessment is required, the government considers a broad range of factors, including the investment's economic and social impacts.