News

12 February 2020

On 11 February 2020, the Peru-Australia Free Trade Agreement (PAFTA) came into force. One of the outcomes of the PAFTA is that Peruvian investors are now subject to higher monetary thresholds for foreign investment screening. For privately-owned Peruvian investors, acquisitions of non-sensitive businesses and of developed commercial land will now be subject to a threshold of $1,192 million. Amendments have been made to the Foreign Acquisitions and Takeovers Regulation 2015 to give effect to this change.

17 January 2020

On 17 January 2020, the Australia-Hong Kong Free Trade Agreement (AU-HKFTA) came into force. One of the outcomes of the AU-HKFTA is that Hong Kong investors are now subject to higher monetary thresholds for foreign investment screening. For privately-owned Hong Kong investors, acquisitions of non-sensitive businesses and of developed commercial land will now be subject to a threshold of $1,192 million. Amendments have been made to the Foreign Acquisitions and Takeovers Regulation 2015 to give effect to this change.

24 December 2019

Monetary thresholds for foreign investors were indexed on 1 January 2020.

6 November 2019
I have been invited today to speak about foreign investment – how the regime works and how Australia is and will remain an attractive destination for foreign investment. 
21 August 2019
Australia continues to welcome foreign investment, including Chinese investment. We have a long standing and close relationship. It is a relationship we value and we want to preserve.
11 June 2019

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.

14 August 2018

FIRB Chairman David Irvine AO delivered a keynote address to the forum outlining Australia’s approach to foreign investment and the national interest test.

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.

14 August 2017

Media Release by the Treasurer, the Hon Scott Morrison MP (as at 14/8/2017)

18 July 2017

FIRB Chairman David Irvine AO

18 July 2017

FIRB Chairman David Irvine AO

8 April 2017

Media Release by the Treasurer, the Hon Scott Morrison MP (as at 8/4/2017)