FIRB: Foreign Investment Review Board

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The Board examines proposals by foreign interests to undertake direct investment in Australia and makes recommendations to the Government under its foreign investment policy.

If you are new to the website, please read our Frequently Asked Questions (FAQ) section first. You may find that your questions are answered there without the need for further research.

For further information, please see the investment sector information above (Real Estate, Other Investment or International Investment Issues) or choose from the options in the menu at left.

What's New

On 15 July 2010, the Treasurer announced the appointment of Ms Anna Buduls to the Foreign Investment Review Board. Ms Buduls replaces Ms Lynn Wood, who recently retired from the Board.

The Government now requires temporary residents to seek FIRB approval before acquiring residential real estate in Australia.

Compliance hotline - Members of the public can report information on possible breaches of Australia’s foreign investment policy on 1800 050 377. For other telephone inquiries, please call (02) 6263 3795

1 January 2010 to 31 December 2010, the monetary thresholds will be revised to $231 million (the threshold for private business investment) and $1004 million (the threshold for US investors under the Australia-US Free Trade Agreement). The policy documents will be updated to incorporate these revised thresholds.

Related Sites:

The Australian National Contact Point for the OECD Guidelines for Multinational Enterprises