ANNOUNCED AS TEMPORARYNo
FDI: Entry and ownership rule
On 18 March 2016, the Australian Treasury Minister announced new restrictions for foreign investments.
Starting 31 March 2016, all infrastructure sales by state and territorial governments to private entities abroad will be subject to public interest reviews by the Foreign Investment Review Board. Previously, only sales to state-owned entreprises required such a review.
On 19 November of the previous year, the Australian government blocked the sale of a 2.5% stake in an agricultural company on similar public interest grounds (cf. Related Measures).
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