Australia generally welcomes foreign investment. The Australian government's Foreign Investment Review Board (FIRB) screens certain foreign investment proposals on a case-by-case basis to determine whether a particular proposal is contrary to the national interest. This brochure explains some of the rules governing the screening process. However, Australia’s foreign investment rules are complex, and legal advice should be sought.
The brochure covers:
What laws govern foreign investment
Who is regulated
Types of transactions that are regulated
Monetary thresholds
Special rules for foreign government investors
National interest test
Procedure
Penalties
This brochure is current as of 4 June 2020.