Changes to the Foreign Investment Review Board

Thursday, April 23, 2020 5:33 PM | ATBC Administrator (Administrator)

Commencing 29 March 2020, proposed foreign investments into Australia subject to the Foreign Acquisitions and Takeovers Act 1975 (the Act) will require approval, regardless of value or the nature of the foreign investor.

This temporary change will be achieved by reducing the monetary screening thresholds to $0 for all foreign investments under the Act.

You can read more about it here: FIRB

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