WebJul 5, 2024 · The Australian Government (and accordingly, the Foreign Investment Review Board (FIRB) considers the resources industry to be a sensitive sector and so will engage in a heightened level of ... WebThe relevant monetary threshold for most business investments is currently $281 million. A higher threshold of $1,216 million applies for private investors from certain free trade …
Tech, healthcare to feel FIRB changes - Australian Financial Review
Web(a) The term sensitive personal data means, except as provided in paragraph (b) of this section: (1) Identifiable data that is: (i) Maintained or collected by a U.S. business that: … WebJan 1, 2024 · Our FIRB experts have updated the Allens FIRB guide – Overview of Australia’s foreign investment approval (FIRB) regime. Recent changes include: Increased monetary thresholds: A$310 million (previously A$289 million) for acquisitions of Australian businesses by foreign persons, unless the higher A$1,339 million threshold below applies. merge outlook contacts folders
Australia’s FIRB regime: an overview for foreign …
WebSimilarly, investors acquiring certain sensitive types of businesses or assets are subject to lower thresholds. Typical approval time frame: Under the regime, the Treasurer is required to consider whether the proposed transaction is in the national interest within 30 days of FIRB receiving an application for approval from a foreign person (an ... Web15 rows · For Chile, New Zealand, and the United States, $1,339 million. Others, $67 … WebJun 5, 2024 · The Government's proposed changes, if passed, will be the most comprehensive reforms to Australia’s foreign investment review framework in more than … merge outlook and icloud contacts