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This is the third report of the Water Register (Water Report 2020) and includes water entitlement registrations received from foreign persons between 1 July 2017 and 31 July 2020 for water entitlements held to 30 June 2020.

The Register, which is maintained by the Australian Taxation Office, has been established to provide greater transparency about levels of foreign ownership of agricultural land in Australia.

In accordance with section 4 of the Foreign Investment Reform (Protecting Australia’s National Security) Act 2020, the Treasury is conducting an evaluation of the foreign investment reforms that commenced on 1 January 2021. The review is required to be completed by 10 December 2021.

Further information on the evaluation process, including a copy of the terms of reference and details on stakeholder consultation, is available on the Treasury website