Australia eases foreign investment barriers

| BY

clpstaff &clp articles

Australia is set to introduce significant changes to its foreign investment rules in order to remove the perception that its regime is too onerous. Although…

Australia is set to introduce significant changes to its foreign investment rules in order to remove the perception that its regime is too onerous. Although the changes are not specifically geared towards China, commentators have described them as “helpful” in light of the recent controversy over Chinalco's failed investment in Rio Tinto.

The changes include increasing the notification threshold for private foreign investors and removing the New Business notification requirement. This means that many proposals will no longer be subject to a formal review process by the Foreign Investment Review Board (FIRB) and even those that are will likely receive a more timely response.

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]