This quarterly report sets out key performance data concerning the operation of Australia’s foreign investment framework from 1 April to 30 June 2025.

Key points

• The value of approved commercial investment proposals was $49.3 billion from 326 proposals.
• The United States was the largest source for approved commercial investment proposals by value ($11.1 billion), followed by Japan ($9.2 billion), South Korea ($4.1 billion), South Africa ($4.1 billion) and New Zealand ($3.6 billion).
• The largest sector for approved commercial investment proposals by value was mineral exploration & development ($19.3 billion), followed by services ($11.1 billion) and commercial real estate ($10.1 billion).
• The value of approved residential real estate investment proposals was $1.3 billion from 917 proposals.
• Treasury’s median processing time for approved commercial investment proposals was 36 days.
• The ATO’s median processing time for approved residential real estate proposals was 4 days.

What the report covers

• Numbers and values of commercial and residential investment proposals
• Source countries of investment proposals and breakdown by industry sector
• Median processing times
• National security reviews (mandatory and voluntary)
• Compliance, audit and investigation activity
• Methodology, caveats and glossary of key terms