Hogan Lovells 2024 Election Impact and Congressional Outlook Report
The Australian government has introduced the most significant reforms to Australia’s foreign investment laws (the FIRB regime) in nearly 50 years. This client alert provides a high level summary of the key changes to the FIRB regime from 1 January 2021. The changes come amid a renewed focus by FIRB on enforcement, so investors are well advised to tread carefully when it comes to considering whether FIRB approval is required.