Tuesday December 16 2014
News Source: Global Disclosures
Focus: Foreign Investment
Type: General
Country: Australia
The Foreign Investment Review Board of Australia has announced the indexed monetary thresholds for foreign investment.
The indexed monetary thresholds for 2015 are AUD$55 million for developed commercial real estate; AUD$252 million for business proposals; and AUD$1,094 million for United States, New Zealand, Korean and Chilean non-government investors. Note that the Korea-Australia Free Trade Agreement entered into force on 12 December 2014. From this date, Chilean and Korean investors have been subject to the higher monetary thresholds that currently apply to United States and New Zealand investors.
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