Overview of Australia's foreign investment approval (FIRB) regime
Currency: 5 June 2023
Our FIRB experts have updated the Allens FIRB guide – Overview of Australia’s foreign investment approval (FIRB) regime.
Recent changes include:
- Increased monetary thresholds:
- A$310 million (previously A$289 million) for acquisitions of Australian businesses by foreign persons, unless the higher A$1,339 million threshold below applies
- A$1,339 million (previously A$1,250 million) for acquisitions of Australian businesses by foreign persons who are FTA country investors acquiring non-sensitive businesses
- A$67 million (previously A$63 million) for acquisitions of Australian agribusinesses by foreign persons other than certain FTA country investors who are entitled to the higher A$1,339 million threshold
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