476 results found

The proposed reforms may resolve some current gaps and political concerns, but could make the rules even more complex.

The monetary screening thresholds for all foreign investment subject to FATA has been temporarily reduced to $0.

Since May 2012, the Federal Government has made a series of announcements of concern to those involved in the supply chain.

There has been considerable recent media and political commentary in relation to perceived tax minimisation practices by foreign-based multinational companies operating in Australia.

The government proposes to 'improve transparency of foreign ownership' by tracking foreign agricultural investments.

Perceptions aside, the reality is that Australia has a detailed and thorough regulatory framework for foreign investment.

New reporting obligations for foreign investors are expected to commence on 1 July 2023.

These drastic changes to the FIRB regime represent the Government's aim to ensure the survival of Australian business.

The new Significant Investor Visa scheme has been intoduced to encourage migration investment and business innovation.

From 1 September 2018, foreign persons with 2.5% interest in Australian media companies must notify the regulator ACMA.

The agribusiness sector is likely to present both great challenges and opportunities for the new Coalition Government.

The NSW conveyancing and real property world has been shaken by new legislation, practice rules and procedures.

Changes to the foreign investment review system aim to ensure that foreign investors comply with Australian tax laws.

Australian property vendors should apply for a clearance certificate once a sale of relevant property is contemplated.

This clarity however is not without reservations, and you should carefully consider how these changes could affect you.

Foreign purchasers and permanent residents buying property in NSW face significantly increased surcharge duties and land tax obligations following the 2024-25 State Budget changes. With surcharge rates now at 9% for purchaser duty and 5% for land tax, understanding eligibility requirements—including the critical 200-day presence rule—has become essential to avoid costly compliance errors that Revenue NSW actively audits.

ASIC Consultation Paper 301 proposes a modified regime of relief and exemptions for foreign financial services providers.