The Treasurer has announced changes to Australia’s foreign investment review framework, effective from 10.30pm AEDT on Sunday 29 March 2020, relating to monetary thresholds and timeframes for reviewing applications. Details are available in our recent News article, including Q&A. Material on the FIRB website is being updated to capture these changes. In the meantime, all material on this website, including guidance notes, should be read in light of the Treasurer’s announcement.

Investment

Under Australia’s foreign investment framework, the Government requires certain proposed investments to be notified and a no objections notification be issued before the investment can be made.

Notification requirements vary and are based on a number of factors including: whether the investor is a foreign government or non-government investor, the type of acquisition, whether the acquisition is subject to monetary thresholds and free trade agreement commitments.

This section provides investors further information and guidance on their obligations under the framework.