From 1 December 2015, the Government will introduce changes to Australia’s Foreign Investment Framework (subject to the passage of legislation).
As a result the foreign investment application system will be unavailable due to scheduled maintenance from midnight AEST Monday 30 November to 5:00pm AEST Tuesday 1 December. Apologies for any inconvenience this may cause.
Please be aware that any applications that are not completed before the maintenance begins, will not be saved and will need to be resubmitted when the system becomes available. Applications fees will apply from 1 December 2015.
The Australian Government welcomes foreign investment. It has helped build Australia’s economy and will continue to enhance the wellbeing of Australians by supporting economic growth and prosperity.
Companies operating in Australia and Australian companies operating overseas are expected to act in accordance with the principles set out in the OECD Guidelines.
The Foreign Investment Review Board (the FIRB) examines proposals by foreign persons to invest in Australia and makes recommendations to the Treasurer on those subject to the Foreign Acquisitions and Takeovers Act 1975 and Australia's foreign investment policy.
Applications for Foreign Investment Approval
Real Estate Investment
- Please note that applications received from Friday, 20th November 2015 may not be processed within the usual 30 days due to the Christmas/New Year holiday period. If this appears likely, a case officer will contact you to discuss the alternatives.
- The Government has agreed on a modernisation package and has introduced new legislation to strengthen Australia's foreign investment framework. Consultation on draft regulations has closed.
- From 1 July 2015, foreign persons and foreign government investors holding interests in agricultural land must register those interests with the Australian Taxation Office (regardless of value of that land).
- On 2 May 2015, the Government announced reforms to Strengthen Australia’s Foreign Investment Framework. For further details, please see Reforms to Strengthen Australia’s Foreign Investment Framework.
- Announcement on the treatment of foreign passive investments in public (real estate) unit trusts.