Changes to Australia’s foreign investment review framework took effect on 1 January, with new requirements for foreign investors.
The $0 threshold for all foreign investment in Australia has ended, although screening by the Foreign Investment Review Board (FIRB) will continue for investments in sensitive national security land or businesses.
Further detail about the reforms is available on the Treasury website and in this Summary Booklet.
If you have any queries about these changes and how they might affect you, please contact our team on (02) 9375 1200 or email gary@roskant.com.au, raul@roskant.com.au or elias@roskant.com.au