The Treasury and the Australian Taxation Office will close on the afternoon of Friday 23 December and re‑open at 9.00 am Tuesday 3 January 2023. Foreign Investment applications will not be processed during this shutdown period.

Applications received after Wednesday 30 November 2022 may not be processed before the Christmas/New Year holiday period. Case officers may contact you directly to discuss options if an application is expected to be finalised in the new year.

On Monday 21 November 2022 Mr Bruce Miller AO, the Chair of the Foreign Investment Review Board, delivered a speech to the Australian Financial Review’s 2022 Infrastructure Summit. Mr Miller spoke on the importance of foreign investment for building Australian infrastructure, with particular regard to meeting the demands of Australia’s ongoing energy transition.

The Register, which is maintained by the Australian Taxation Office (ATO), has been established to provide greater transparency about levels of foreign investment in residential real estate in Australia.