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New reporting requirements for foreign owners of Australian media assets

Christmas/New Year holiday period

Indexation of application fees for 2018-19

New FIRB Application Portal

Application Checklist update

Latest news

  • New reporting requirements for foreign owners of Australian media assets

    6 December 2018

    From 1 September 2018, a foreign person with company interests of 2.5% or more in an Australian media company must notify the Australian Communications and Media Authority. Australian media companies include companies that hold commercial television or radio broadcasting licences, or that publish a newspaper that is associated with a broadcasting licence area. This follows…

  • Christmas/New Year holiday period

    19 November 2018

    Due to the Christmas/New Year holiday period, applications received from Tuesday 20 November 2018, should not be expected to be decided upon until mid-January 2019 or later, however commercial deadlines will be endeavoured to be met where possible.

  • Revised guidance — open and transparent sale process requirement

    26 September 2018

    Revised guidance has been released on the application of the requirement for an open and transparent sale process for foreign purchases of agricultural land. The revision of the guidance notes has been informed by a range of stakeholder views.

  • Address by Mr David Irvine AO, FIRB Chair to Annual Infrastructure Investors’ Forum: Australia

    14 August 2018

    FIRB Chairman David Irvine AO delivered a keynote address to the forum outlining Australia’s approach to foreign investment and the national interest test.

  • Indexation of application fees for 2018-19

    2 July 2018

    Foreign investment application fees have been indexed for the 2017-18 year. Revised fees will apply to applications made and notices given as of 1 July 2018. The fee schedule and further information on the application of fees is provided in Guidance Note 30 (business) and Guidance Note 29 (residential land). A fee estimator is available to…

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