Foreign Investment vs Local Content

The foreign investment into Australia can dramatically improve our economy growth such as "assist [ing] human capital formation, contribute to international trade integration, helps create a more competitive business environment and enhances enterprise development". The entry also increases the competition but unfortunately may lead to the closure of weaker enterprises but may increase the market concentration. Some of the positive aspect for having the foreign investor in our shore is it can influence the reduction of poverty and may contribute to achieve sustainable development goals.
Is the growth of GDP a sufficient indicator of quality of life?
The indicator which measure the national income is called the Gross Domestic Product (GDP) it is not enough for it to indicate the quality of life. …