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ARTICLE · 01 MARCH 2015

Property & Projects - What's News - 24 February 2015

Holding Redlich
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Steve Aitchison
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What's News in Property & Projects? - 24 February 2015

In the media – National

Government tightens rules on foreign purchases of agricultural land
The Prime Minister and Minister for Agriculture announce that the Commonwealth Government is putting in place better scrutiny and reporting of foreign purchases of agricultural land, with the reduction of the screening threshold from $252 million to $15 million from 1 March 2015. The new $15 million screening threshold will apply to the cumulative value of agricultural land owned by the foreign investor, including the purposed purchase (11 February 2015). More...

Origin Companies ordered to pay penalties of $325,000 for misleading consumers about discounts under energy plans

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