Foreign investment application fees have been indexed for the 2019-20 year. Revised fees will apply to applications made and notices given as of 1 July 2019. The fee schedule and further information on the application of fees is provided in Guidance Note 29 (residential land) and Guidance Note 30 (business).
A fee estimator is available to provide estimates of fees for different types of foreign investment applications.
The Australian Communications and Media Authority (the ACMA) maintains a publicly available Register of Foreign Owners of Media Assets under section 74D of the Broadcasting Services Act 1992 (the BSA), which is a register of foreign persons who hold company interests of 2.5 per cent or more in an Australian media company.
In 2017-18, the Foreign Investment Review Board (FIRB) reviewed a significant number of high profile foreign investment applications, including the acquisition of the Whyalla steelworks and the acquisition of Australia’s largest diagnostic imaging provider, I-MED Radiology Network. Over 11,000 proposed transactions were approved representing potential investment of $163.1 billion.