Tuesday August 4 2009
News Source: Global Disclosures
Focus: Foreign Investment
Type: General
Country: Australia
On 4 August 2009, the Treasurer announced reforms to Australia foreign investment policy. These reforms will amend various monetary thresholds, and are expected to commence in September (date to be confirmed). The current thresholds remain valid until the foreign Acquisitions and Takeovers Regulations 1989 are amended.