You may need to submit an investment proposal for review if you propose to acquire:
Substantial interest in an entity or an Australian business
- a substantial interest (generally at least 20 per cent) in a general Australian business, corporation, or trust—the monetary threshold is:
- $310 million for most entity or business investments
- $1,339 million for private investors from certain free trade agreement countries
- $310 million for private investors from free trade agreement countries investing in sensitive businesses
- $0 for foreign government investors. This may exclude certain governments and their business activities.
Direct interest in an agribusiness
- a direct interest (generally at least 10 per cent, or a position of control) in an agribusiness —the monetary threshold is:
- $0 for foreign government investors
- $67 million (cumulative) for private investors.
Australian media business
- a direct interest (generally at least 10 per cent, or a position of control) in an Australian media business, regardless of value.
National security business
- a direct interest (generally at least 10 per cent, or a position of control) in a national security business, regardless of value.
Starting an Australian business
If you are a foreign government investor, you will also need to notify us if you:
- are starting an Australian business (including starting a national security business), or
- already carry on an Australian business but the business starts a new and different activity.