IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jul 2015 | Removal date: open ended
Still in force

FDI: Treatment and operations, nes

On 24 October 2012, Australia announced plans to introduce a registry requirement for foreign owners of agricultural land. This plan is a reaction to several foreign acquisitions of agricultural land. If implemented, the measure increases administrative costs for foreign investors and is therefore regarded as discriminatory.
Update
The actual requirement of registering within Australian Taxation Offices's Agricultural Land Register came into effect on 1 July 2015 under the Abbott government.
On 22 February 2016, the Australian Agricultural Minister reminded in a speech that all foreign owners of agricultural land would have to register by the 29 February the latest.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.