ArticleDoing business in Australia 2017Doing Business in Australia answers common questions and issues raised by foreign investors, importers and exporters.AustraliaGovernment, Public SectorCorrs Chambers Westgarth
ArticleForeign investors left out of pocket as FIRB application fees doubleThe FIRB application fee payable depends on the nature and value of the acquisition for which approval is sought.AustraliaGovernment, Public SectorCooper Grace Ward
ArticleEligibility test for owning residential real estate property in Australia as a foreignerGenerally, foreigners can only purchase new residential dwellings in Australia. AustraliaReal Estate and ConstructionRostron Carlyle Rojas
ArticleProtection from "erosion" of the corporate tax baseProposed changes to the tax system aim to remove opportunities for foreign investors to transfer profits from Australia.AustraliaTaxNorton Rose Fulbright Australia
ArticleChanges to FIRB Exemptions for Sales of Residential PropertyRecent changes to the Foreign Acquisitions and Takeovers Regulations (1989) (Cth) remove an exemption that applied to temporary residents buying residential land in Australia . . .AustraliaCorporate/Commercial LawAddisons
ArticleAustralian update on CIVs, Asia Region Funds Passport and Islamic financingThe 2016-17 Australian Budget unveiled two significant tax changes designed to attract capital from overseas investors.AustraliaFinance and BankingNorton Rose Fulbright Australia
ArticleAgricultural land – foreign buyers to satisfy new testThe Treasurer has announced new policy requirements that foreign investors must satisfy when seeking FIRB approval.AustraliaGovernment, Public SectorHolding Redlich
ArticleAustralian FIRB framework adds new national security test for foreign investorsTo address risks arising from foreign ownership, a new national security test is introduced for certain investments.AustraliaGovernment, Public SectorHolding Redlich
ArticleChange of policy on FIRB approval for foreign state owned enterprises to invest in Australian entities?New FIRB guidelines to 'clarify' approvals of investment by foreign state owned enterprises may be a change of policy.AustraliaGovernment, Public SectorHunt & Hunt
ArticleDoing Business in Australia - for foreign investment and international tradeThis publication answers the most common questions and issues raised by foreign investors, importers and exporters.AustraliaGovernment, Public SectorCorrs Chambers Westgarth
ArticleFederal Government announces a proposed new fee for foreign property buyersThe proposal is to levy a FIRB fee of at least $5,000 on any foreign investor seeking to purchase residential property.AustraliaGovernment, Public SectorHopgoodGanim
ArticleInvestment Treaty Arbitration: Information And Communication SectorArticle discuss the evolution of treaties in the era of digitisation and the relevance of investment treaty protections in relation to digital assets, social media and cryptocurrencies.AustraliaGovernment, Public SectorCorrs Chambers Westgarth
Article'Significant Investor' visa a new pathway for migrant investorsThe new 'significant investor' visa provides a new pathway for migrants who invest in certain Australian investments.AustraliaImmigrationCooper Grace Ward
ArticleAn update on Foreign Direct Investment in the Australian agricultural sectorThe Green Paper on agricultural competitiveness proposes lowering the threshold for compulsory notification and approval.AustraliaReal Estate and ConstructionNorton Rose Fulbright Australia
ArticleChanges to foreign resident capital gains withholding clearance certificatesDevelopers should be aware that an updated certificate must be applied for in the event that a project is delayed.AustraliaReal Estate and ConstructionColin Biggers & Paisley
ArticleChanges to threshold and rate for foreign resident capital gains withholding paymentsThis system of withholding payments as part of a property settlement process aims to collect CGT from foreign residents.AustraliaReal Estate and ConstructionKott Gunning
ArticleForeign investment changes and effects on developersDevelopers of large scale unit developments should consider the advantages offered by the existing FIRB framework.AustraliaReal Estate and ConstructionClarkeKann Lawyers
ArticleJoint Conference of Australia-Taiwan Business Council - development of Northern AustraliaThe theme of the Conference, held in Darwin, was the development and investment potential in Northern Australia.AustraliaReal Estate and ConstructionClarkeKann Lawyers
ArticleChanges to the Foreign Resident Capital Gains Withholding (FRCGW) tax regimeThese changes represent a government intention to crack down on foreign property investors evading tax obligations.AustraliaTaxClarkeKann Lawyers
ArticleSenate Committee Inquiry on bill for foreign takeovers of agricultural landThe private members' bill tabled by Senators Xenophon and Milne which seeks to increase controls over foreign acquisitions of Australian farms and agricultural companies has been referred to the Senate Economics Committee for inquiry and report. AustraliaCorporate/Commercial LawClayton Utz