This quarterly report outlines key performance data on Australia’s foreign investment framework from 1 July to 30 September 2025.

Key points

• Approved commercial investment proposals totalled $61.6 billion across 351 proposals.
• The United States was the largest source country by value ($10.2 billion), followed by Singapore ($9.7 billion), Japan ($4.4 billion), Canada ($3.3 billion) and South Africa ($1.7 billion).
• Services was the largest sector by value ($26.1 billion), followed by commercial real estate ($15.9 billion), and mineral exploration and development ($10.1 billion).
• Approved residential real estate investment proposals totalled $1.7 billion across 799 proposals.
• Treasury’s median processing time for approved commercial investment proposals was 38 days.
• The Australian Taxation Office’s median processing time for approved residential real estate proposals was 7 days.

This report covers

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