Background to bill/law:
https://www.abc.net.au/news/2020-12-08/what-are-the-governments-new-foreign-relations-laws-about/12947590
https://www.theage.com.au/national/canberra-turns-spotlight-on-victoria-s-belt-and-road-deal-as-veto-laws-pass-20201208-p56lpd.html
https://www.bloomberg.com/news/articles/2020-12-08/australia-passes-law-that-can-scrap-china-belt-and-road-accords
Supplemented by "Government calls for informants to flag illegal foreign buyers":
https://www.theadviser.com.au/breaking-news/41158-government-calls-for-informants-to-flag-illegal-foreign-buyers
Under these laws, BRI agreement between China and Australia could be scrapped. Don't know if it can be used to reverse the Daydream Island sale.
(post is archived)