AUSTRALIA: Indexation increase to Australia foreign investment thresholds

Wednesday January 2 2013

As of 1 January 2013, the notification threshold requirement for Australia foreign investment proposals into Australia were increased to A$248 million for non-US investors and A$1,078 million for US investors.

The increase is a result of the annual indexation increase provisions built into the Foreign Acquisitions and Takeovers Act.

The notification threshold for Australia foreign investment into non-heritage listed developed non-residential commercial real estate in Australia was also increased as a result of indexation to A$54 million.

All investment proposals by foreign parties above the above thresholds are required to notify the Foreign Investment Review Board and seek prior approval for the relevant investment.

Click on the above link for the FIRB website detailing the thresholds.