11 August 2021
In this edition, we examine foreign investment into Australia over the past 12-18 months and how this has been impacted by COVID-19 and the new foreign investment regime which commenced on 1 January 2021.
Firstly, Matthew FitzGerald and Spandan Das examine FIRB’s annual report for the 12 months ended 30 June 2020 highlighting key themes and messages in relation to foreign investment in Australia in this period.
Secondly, Malika Chandrasegaran and Illana Gottlieb consider how the new legislative framework for foreign investment into Australia may be impacted by an increasing focus on compliance by FIRB.
Thirdly, Melissa Swain-Tonkin and Phillip Smith discuss a welcome development for streamlined FIRB approval for funds with foreign government investors.
Finally, Matthew FitzGerald and Crusoe Flynn-Pittar examine the new approach to the statutory decision period and how this is impacting upon FIRB application processes.
We trust you will enjoy this edition of the Australian Foreign Investment Review.
Please click here to access to Herbert Smith Freehills’ Australian Foreign Investment Review.
For further information, please contact:
Tony Damian, Partner, Herbert Smith Freehills
tony.damian@hsf.com