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Updated FIRB Guidance Notes clarify investor obligations following major foreign investment reforms

Corporate & Commercial| 16 Aug 2021

Updated FIRB Guidance Notes clarify investor obligations following major foreign investment reforms

Treasury has released updated FIRB Guidance Notes which aim to provide greater clarity to investors about their obligations under Australia’s foreign investment framework.

Pre-COVID foreign investment thresholds to be reinstated from 1 January 2021, as major FIRB reforms take effect

Corporate & Commercial| 16 Dec 2020

Pre-COVID foreign investment thresholds to be reinstated from 1 January 2021, as major FIRB reforms take effect

The across-the-board $0 monetary screening threshold for all foreign investments will be lifted on 1 January 2021, as part of the much-anticipated reforms of the Foreign Acquisition and Takeovers Act 1975 (Cth) (FATA) and Foreign Acquisitions and Takeovers Regulation 2015 (Cth).

Foreign acquisition and takeovers reforms: further details of new national security test released

Corporate & Commercial| 21 Sep 2020

Foreign acquisition and takeovers reforms: further details of new national security test released

The Federal Government has released the second tranche of its proposed reform package for the Foreign Acquisition and Takeovers Act 1975 (Cth) and Foreign Acquisitions and Takeovers Regulation 2015 (Cth).