By Malcolm Brennan, Stephen Brightman King & Wood Mallesons’ Canberra office.
An array of changes to Australia’s foreign investment framework took effect from 1 July 2017 under the Foreign Acquisitions and Takeovers Amendment (Exemptions and Other Measures) Regulations 2017 (Cth). The amendments will be of particular interest to private equity sponsors, and industry players in the renewables, aged care, student accommodation and other commercial real estate sectors. They will impact the types of acquisitions requiring FIRB approval, as well as introducing new types of exemption certificates. Continue Reading FIRB Reforms Reducing Red Tape Take Effect from 1 July 2017