Year

1982

Degree Name

Master of Commerce

Department

Department of Economics

Abstract

On 19 July 1981, the Australian Treasurer, Mr J. Howard, announced a major policy change with respect to Australian portfolio investii) ment abroad. ' The change involved a significant liberalisation of existing policy. Under the former rules governing portfolio investment abroad which came into effect on 1 April 1980, the following amounts and categories of portfolio (i2n)v estment were permitted to be

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