Corporate & Commercial| 10 May 2023
From 1 July 2023, the Register of Foreign Ownership of Australian Assets (Register) will come into operation, replacing the current ATO-managed registers of foreign-owned water, agricultural, commercial and residential land.
Foreign Investment| 24 Feb 2023
This publication outlines some of the more important regulatory requirements for a foreign person investing in Australia. Investments in Australia by foreign persons must be notified to the Foreign Investments Review Board (FIRB) where the proposal meets the relevant thresholds.
Private Clients| 27 Oct 2022
Foreign persons who receive estate property through administration of a Will are no longer to be exempt from the foreign investment framework.
Corporate & Commercial| 07 Apr 2022
The Federal Government has amended the Foreign Acquisitions and Takeovers Regulation 2015 (Cth) to clarify certain aspects of the foreign investment framework and streamline the processing of less sensitive investment types.
Corporate & Commercial| 16 Aug 2021
Treasury has released updated FIRB Guidance Notes which aim to provide greater clarity to investors about their obligations under Australia’s foreign investment framework.