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  • 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.

  • Agribusiness Outlook: Investment, Innovation and Growth – CEDA Keynote Address

    21 July 2017

    FIRB Chairman David Irvine AO provided an insight into the role of agriculture and foreign investment in Australia’s economy, and the FIRB’s role in facilitating this investment.

  • Budget 2017 changes

    9 May 2017

    In the 2017-18 Budget, the Australian Government announced several changes regarding the foreign investment framework. Information on each of these changes is provided below. The final details will be subject to the passage of legislation. Further information on the 2017-18 Budget is available at the Budget website. 50 per cent foreign ownership cap for New […]

  • FIRB Chair appointment

    8 April 2017

    Treasurer Scott Morrison has today announced the appointment of David Irvine AO as Chair of the Foreign Investment Review Board, replacing outgoing Chair Brian Wilson.

  • Administrative change to screening arrangements

    9 March 2017

    The screening of non-sensitive commercial real estate and internal reorganisation (restructure) foreign investment applications will be undertaken by the ATO from 1 April 2017. This is an internal administrative change by Government and will not require any action by Foreign Investment Review Board (FIRB) applicants. A number of factors will be taken into consideration when […]