The 2026–27 Budget includes reforms to further streamline and strengthen the foreign investment framework, through:
- Setting a new performance target of deciding all low-risk applications within 30 days (to be implemented from 1 January 2027).
- Removing ineffective conditions on existing foreign investment approvals.
- Amending foreign investment law.
- Streamlining the Register of Foreign Ownership of Australian Assets.
Treasury has released an overview detailing these reforms.
Australia’s Foreign Investment Policy has been updated to reflect these reforms.