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  • 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…

  • Release of Consultation Paper on the Foreign Investment Framework - 2017 Legislative Package

    8 March 2017

    The Government has released a consultation paper on proposed changes to Australia's foreign investment framework. The consultation paper seeks views from stakeholders on proposed changes in the areas of residential land, non-vacant commercial land, low sensitivity business investment and fees. The paper also provides an opportunity for stakeholders to present examples on how technical issues…

  • New Treasury Working Paper released on foreign investment

    2 December 2016

    Treasury has released a new Working Paper on foreign investment and residential property price growth. A key finding of the paper is that the majority of residential real estate price growth experienced in recent times does not appear to be attributable to increased foreign demand.

  • Government to allow on-sale of off-the-plan dwellings failing to reach settlement

    26 November 2016

    The Treasurer, Scott Morrison, has distributed a media release regarding changes under the foreign investment framework to allow foreign buyers to purchase an off-the-plan dwelling when another foreign buyer has failed to reach settlement.

  • Guidance note on tax conditions

    24 November 2016

    The guidance note on tax conditions has now been released. It includes a template for reporting back to the Foreign Investment Review Board on compliance with tax conditions. The guidance note is available for download in both PDF and DOCX format.

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