The new Australian government: foreign investment outlook
At the Federal Election on 7 September 2013, Australia elected a new Coalition government. The implications of the election on inbound investment to Australia, FIRB applications and the impact of a change of government on the foreign investment regime, particularly in the agricultural space, must be considered.
With the change of Australian government, it is important for foreign investors to consider the impact of the new Coalition government’s Foreign Investment Policy on their business.
The Coalition’s proposals to increase scrutiny of foreign investment in the rural sector will now come into play. These measures are outlined in the Coalition’s Policy Discussion Paper on Foreign Investment…
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