ANNOUNCEMENT 22 Feb 2016In February 2016, the government of Australia announced altered domestic business conditions for foreign investors.
NUMBER OF INTERVENTIONS
Treasury press release, 22.02.2016
On 22 February 2016, the Australian Treasurer announced in a press release that the government would introduce a registry for foreign owners of water access entitlements in the country.
He mentioned that the underlying legislation would be ready by 1 December 2016.
This decision follows the introduction of a similar registry on agricultural land in 2015 (cf. Related Measures).