Mandatory FIRB approval thresholds for acquisitions in Australian entities

Foreign Investment Review Board (FIRB)

In brief

On 1 January 2021, significant changes came into effect to Australia's Foreign Investment Review Board (FIRB) regime.

To help you navigate the complexities of these new rules, our FIRB experts have compiled a summary of the thresholds for determining whether a proposed direct acquisition of equity interests in an Australian entity triggers an obligation to obtain 'FIRB approval' under the Foreign Acquisitions and Takeovers Act 1975 (Cth) (FATA).