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ARTICLE · 07 DECEMBER 2015

Changes To Australia's Foreign Investment Framework – Open For Business, With Added Complexity

Clyde & Co
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The Foreign Acquisition and Takeovers (Legislative Amendments) Act 2015 (Cth) came into effect on 1 December 2015, substantially amending the provisions of the Foreign Acquisitions and Takeovers Act 1975 (Cth).

AustraliaGovernment, Public Sector
Dean Carrigan
Dean Carrigan
Andre Castaldi
Andre Castaldi
Avryl Lattin
Avryl Lattin
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The Foreign Acquisition and Takeovers (Legislative Amendments) Act 2015 (Cth) came into effect on 1 December 2015, substantially amending the provisions of the Foreign Acquisitions and Takeovers Act 1975 (Cth). The Australian Government is promoting the new legislative framework as a simplification to the foreign investment framework, in reducing red tape and providing greater certainty for investors, and proof that Australia is open for business. The main policy areas addressed by the reforms are the notification of foreign investment, treatment of foreign government investors and changes to investment in the residential real estate and agriculture sectors.

Codification of foreign investment regime

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