ANNOUNCED AS TEMPORARYNo
FDI: Entry and ownership rule
On February 1, 2018, the Treasury of Australia in a press release announced the establishment of new conditions for future bidding for projects related to electricity infrastructure and farmland. These investments will be subject to a new restriction for foreign investors as they are considered critical national assets. From now, the Government will set the level of ownership and control of a single asset or within a sector on a case-by-case basis and it encourages companies to engage with the Foreign Investment Review Board at an early stage to identify the conditions that may apply to the selling or buying of one of these assets.
⚑ Please report this page in case you detect an inaccuracy in its content.