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  • 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 […]

  • New FIRB Application Portal

    2 July 2018

    The new Foreign Investment Review Board (FIRB) Application Portal (Portal) is now live. All non-residential applications for foreign investment must now be lodged through the Portal. If an interim application was submitted between 28-30 June inclusive, applicants will now need to lodge their full application using the Portal. Please note that accounts must be registered […]

  • Updated application checklist

    18 June 2018

    Reflecting recent changes in the foreign investment framework, the application checklist has been updated to provide up to date assistance for investors in completing their application. The checklist outlines information that must be included in all applications (except residential real estate applications) as well as additional information that may be required for certain types of […]

  • The 2016-17 FIRB Annual Report is now available

    29 May 2018

    In 2016–17 the total number of applications approved was 14,357 representing $193 billion of proposed investment. Despite the decline in residential real estate approvals, the value of business related approvals was relatively stable. The services sector attracted the highest value of approved investment, totalling $54 billion, along with significant proposals focused on ports and electricity […]

  • Address by David Irvine AO, Chair of the Foreign Investment Review Board to International CEO Forum

    24 May 2018

    FIRB Chairman David Irvine AO provided a ‘broad brush guide to investing in Australia’, including the importance of foreign investment to Australia’s economy, and the FIRB’s role in facilitating this.

  • New online application Portal is coming in July 2018

    15 May 2018

    The Foreign Investment Review Board (FIRB) Application Portal (Portal) is expected to go live on 2 July 2018. The new Portal has been developed on a modern web-based platform. The Portal is expected to deliver a number of improvements to facilitate easier lodgement of foreign investment applications. Overview of key features Submit variations to approved applications Applicants […]

  • Agricultural land — open and transparent sale process

    1 February 2018

    The Australian Government has released new guidance clarifying that foreign investors can only acquire agricultural land where there has been an open and transparent sale process.

  • Monetary screening thresholds updated for 2018

    4 January 2018

    Monetary thresholds for foreign investors were indexed on 1 January 2018.

  • FIRB appointment

    14 December 2017

    Treasurer Scott Morrison has announced the appointment of Ms Teresa Dyson as a part-time member to the Foreign Investment Review Board (FIRB) for a five-year period.