News
Announcement of reforms to Australia’s Foreign Investment Framework
On 1 May 2024, the Treasurer announced reforms to streamline and strengthen Australia’s foreign investment framework, in order to deliver a stronger, faster and more transparent approach to foreign investment.
Announcement
Consultation on exempting interfunding from mandatory foreign investment notification
As part of the 2023–24 Budget, the Australian Government announced it would exempt interfunding transactions from mandatory notification requirements and fees under the Foreign Acquisitions and Takeovers Act 1975.
Announcement
Foreign investment fees legislation
On 8 April 2024, the Foreign Acquisitions and Takeovers Fees Imposition Amendment Act 2024 received the Royal Assent. The Act amends the foreign investment law to:
Announcement
Changes to foreign investment fees
On Sunday 10 December 2023, the Treasurer announced changes to foreign investment fees, including:
Announcement
Christmas/New Year holiday period
The Treasury and the Australian Taxation Office will close on the afternoon of Friday 22 December 2023 and re‑open at 9:00 am Tuesday 2 January 2024. Foreign investment proposals will not be processed during this shutdown period.
Announcement
Quarterly Report on Foreign Investment - 1 January to 31 March 2023
The Treasury has published the Quarterly Report on Foreign Investment – 1 January to 31 March 2023.
Announcement
Fee indexation changes from 1 July 2023
Fee indexation changes come into effect from 1 July 2023. Updated guidance notes will be available from 6 July 2023
Announcement