Home
Search results “Foreign investment in australia”
What is China buying in Australia? | CNBC Explains
 
04:36
China's massive investments in Australia are showing little signs of slowing down. CNBC's Uptin Saiidi explains why. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi
Views: 487065 CNBC International
How much foreign investment is too much?
 
09:21
Senator Bill Heffernan and the managing director of the Australian Agricultural Company David Farley join The Business to discuss overseas investment in Australian
Doing Business in Australia - the current landscape of foreign investment review
 
02:20
Rory Moriarty describes the current foreign investment landscape in Australia. To learn more about the state of play of the Australian market: https://www.claytonutz.com/about/international-services/australian-market-the-state-of-play _________________________________________________ You can also find this video on our website https://www.claytonutz.com/knowledge/video/doing-business-in-australia-the-current-landscape-of-foreign-investment-review See more videos from Clayton Utz here https://www.claytonutz.com/videohub/ Follow us on Social Media https://www.linkedin.com/company/clayton-utz https://twitter.com/claytonutz Transcript In Australia at the moment the Government is encouraging foreign investors to notify the Government of potential transactions. One area we're seeing that operate quite a bit is foreign government investors and it surprises a lot of clients and a lot of offshore companies when there may be a foreign investor. Really at the end of the day the thresholds are quite low and particular private equity funds, infrastructure funds can often be caught, and it surprises them. For example, for a company from overseas if they've got more than 20% of their investor base from one country, even though they are not associated, but they may be foreign government instrumentalities such as pension funds and that can qualify them as a foreign government investor. The thresholds are also quite low and it can capture transactions where there is transactions happening overseas but there happens to be a relatively small piece of Australian assets involved. One way the Government is trying to deal with this lowering of the threshold for foreign government investors is through exemption certificates and this is particularly relevant for private equity funds, portfolio companies which are owned by private equity funds, infrastructure funds, and not what we would traditionally see as a straight government investor. This area is quite new and the Treasury and FIRB are still working through their policy guidelines. That will be an iterative process where Government is working with law firms, investment banks and other market participants to come up with some sensible rules. Some of the questions we are thinking about are how long will these certificates be given for. It looks maybe 4 years, not 5 years. Will they make a foreign government investor the equivalent of a non-foreign government investor for example will it just up the limit to 20%? Will there be no-go areas? Will tax laws be relevant here? So these are issues which are being worked through at the moment but over time we believe that there will be some sensible parameters to allow ordinary course transactions which are not affecting the national interest to be put through more smoothly.
Views: 580 Clayton Utz
Understanding your tax obligations & foreign investment in Australia – Residency and tax obligations
 
15:33
In this video from our 2016 Community Engagement Program, Edwina McLachlan shares some important information about residency in Australia, particularly residency for tax purposes. For more information about residency, and to determine your residency status for tax purposes, visit https://ato.gov.au/residency
Foreign Investment in Australian Land
 
01:33
Regulation of foreign investment in Australia is a fundamental concern of the government and an issue of increasing importance in Western Australia. The primary decision-maker is the Treasurer, who administers the Foreign Acquisitions and Takeovers Act 1975 and implements Australia's Foreign Investment Policy on the advice of the Foreign Investment Review Board (FIRB). Commercial Property Acquisitions For developed commercial property, foreign persons must apply for approval to purchase, or take an interest in, any property valued at $54 million or more. If the real estate is heritage-listed, a $5 million threshold applies instead. Significant exception exists for New Zealand and United States investors, who only need to apply for approval for property valued at $1,078 million or more. Residential and Vacant Land Acquisitions Approval must be obtained for the acquisition by foreign investors of vacant land and residential property, regardless of the value of the real estate. Recently, there has been increased public concern that foreign investors are becoming more active in Australia's property market. On 19 March 2014, the Treasurer formally asked the House of Representatives Standing Committee on Economics to inquire into and report on foreign investment policy as it applies to residential real estate. The results of this inquiry are not yet available. Rural Land Rural land is defined as land used wholly and exclusively for carrying on a commercial business of primary production. A foreign investor only requires approval to buy an interest in a primary production business where the total assets of the business exceed $248 million (or $1,078 million for New Zealand and United States investors). In 2012, the FIRB included an annexure to the Foreign Investment Policy entitled "Policy Statement: Foreign Investment in Agriculture". The government does screen all foreign investment and the government is committed to ensuring on a case-by-case basis that investments do not adversely affect the sustainability of Australia's national agricultural resources. The policy for agricultural acquisitions is currently under review. The Opposition considers that the monetary thresholds are too high and it has proposed a review of the threshold to $15 million for purchases of foreign land. Leaker Partners is closely following this issue. While the government recognises that foreign investment has many benefits, it also acknowledges community concerns surrounding foreign ownership. Accordingly, the government has adopted a case-by-case approach where a 'national interest test' is applied. If a proposal is deemed contrary to the national interest, it will not be approved. Note: As a general rule foreign government investors require FIRB approval. ------------------ This video and statement contains general legal advice only and is current as at 19 June 2014. Further information may be obtained from Mark Leaker or Katrina Palmer of Leaker Partners on (08) 9325 2882 or [email protected]
Views: 1307 Leaker Partners
Understanding your tax obligations & foreign investment in Australia – Welcome
 
06:32
In this video from our 2016 Community Engagement Program, Assistant Commissioner Megan Yong discusses the reforms to strengthen the integrity of Australia’s foreign investment framework. These rules aim to facilitate investment, while also giving assurance to the Australian community that the national interest is being maintained. To learn more, visit https://ato.gov.au/foreigninvestment
What do Australian businesses think about foreign investment?
 
01:27
What do Australian businesses think about foreign investment? Bentleys conducted one of the largest surveys of Australian SMEs in 2014. Here's what we discovered. Think ahead. Talk to a Bentleys advisor today.
Understanding your tax obligations & foreign investment in Australia – Changes to foreign investment
 
20:02
In this video from our 2016 Community Engagement Program, Libby Haydon provides a comprehensive update on the foreign investment reforms that are currently being implemented in Australia. For more information about foreign investment in real estate, visit https://ato.gov.au/foreigninvestment
China adopts new foreign investment law
 
06:27
Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Lawmakers in China have passed a new foreign investment law aimed at easing global concerns about China's business practices. It includes a measure to discourage officials from pressuring foreign companies to hand over technology, a move widely interpreted as extending an olive branch to the United States in the ongoing trade dispute. Plus, Boeing has suspended deliveries of its best-selling 737 MAX planes as investigators start examining the black boxes from the Ethiopian Airlines crash. Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://f24.my/youtubeEN Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on Twitter: https://twitter.com/France24_en
Views: 2221 FRANCE 24 English
Australia's Morrison Says China-Australia Relations 'Very Stable'
 
05:54
Nov.11 -- Australian Prime Minister Scott Morrison discusses Australia-China relations, the U.S. involvement in Asia and foreign investment in Australia. He speaks on "Bloomberg Markets: Asia."
Views: 3647 Bloomberg Politics
Foreign person's right to purchase Australian residential property
 
02:18
Our lawyer Winston Lay talks about a foreign person's right to purchase Australian residential property and relevant implications. Please like our video and feel free to check out our website www.evolvelawyers.com.au & www.evolvevisas.com.au.
Views: 1593 Evolve Lawyers
★ FOREIGN INVESTMENT - Why invest in Brisbane, Australia?
 
09:09
★ For more information contact: [email protected] Real Estate professionals Project Marketing Australia are proud to specialise in the sale and marketing of high quality new and off-the-plan medium to high density residential apartment units, town-house, and house and land new community developments, luxury home sales as well as premium retail and office space in geographically diverse areas around Australia with a strong focus on inner Brisbane, Australia's fastest growing city. Our videos feature Suburbs, Residential Developments, Project Sales and Educational material. For more information contact: [email protected] www.projectmarketingaustralia.com.au
The future of China and foreign investment
 
05:59
George Hoguet from State Street Global Advisors in Hong Kong is a global expert on China and the emerging markets.
Japanese investment in Australia
 
02:06
Japan is Australia's third largest source of foreign direct investment and one of Australia's most important trading partners. In this video Austrade's Senior Trade Commissioner in Tokyo, Leonie Muldoon, talks about Japanese investment in Australia. Tags: Ja
Views: 462 Austrade
Understanding your tax obligations & foreign investment in Australia – Compliance
 
07:17
In this video from our 2016 Community Engagement Program, Adam Nicholls talks about the various compliance factors that may impact any foreign persons who are purchasing property or working in Australia. For more information about our approaches to compliance, see https://ato.gov.au/general/building-confidence/how-we-assure-the-tax-and-super-systems/our-approach-to-compliance/
Treasurer Joe Hockey explains Australia foreign investment reforms
 
03:06
Question Time. 25 February 2015.
Views: 371 Leithvo
Foreign investment in Australian agriculture - Where to from here?
 
03:40
Foreign investment in Australian agricultural land has become a hot button political issue. But there are a number of different factors at play. Partner Jeremy Horwood explains. Originally created 26 June 2012.
Tim Harcourt - Foreign investment in Australia
 
02:33
Austrade's Tim Harcourt discusses the role of foreign investment in Australia, the post-GFC environment and the outlook for the future.
Views: 753 BusinessCongress
Overview of Real Estate Laws in Australia for Foreign Investors - Australia Property Show 2016
 
19:01
A legal guide for foreigners to invest in Australia's property by Vitoria Owyong, Legal Executive from Samuel Seow Law Corporation.
Views: 649 PropertyGuru Group
Foreign buyers buying up Australian property with suitcases full of cash.
 
05:45
As spring property buying kicks into gear new buyers are facing more competition than ever before - not from locals but from foreigners.
Views: 35452 Greg Keeper
Complying with Australia's Foreign Investment Framework
 
02:37
Corporate and transactional partner, Phil Vickery, explains Australia's foreign investment framework and how to ensure you comply with the applicable legislation before investing.
Views: 38 KLGatesLaw
Government blasts Abbott foreign investment policy
 
04:00
The Government says Coalition proposals to protect Australian farms from foreign ownership would destroy economic relationships with Australia's Asian trade partners.
Foreign investment in Australian infrastructure - national security considerations
 
06:03
Wendy Rae, Partner at Allens, in conversation with David Irvine AO, Chair FIRB
Views: 242 Allens law firm
Australia Real Estate Foreign Investment
 
02:06
Australia Real Estate Foreign Investment - uchkconsulting.com With the Australian population increasing by one birth every 1:44 minutes and one immigrant arriving every two minutes, the Australian Government welcomes foreign residential investment. FIRB approved property sales to overseas investors is the genesis to building Australia’s economy by supporting population growth and providing financial prosperity for all Australians. With nearly 24 million Australians in 2015, the population density is still amongst the lowest in the world. The ABS (Australian Bureau of Statistics) projected population clock can be found here: http://www.abs.gov.au/ausstats/[email protected]/Web+Pages/Population+Clock Australia is rich with diversity with 23% of Australians foreign born and over 40% are of mixed cultural origins. Australia is a place of acceptance to people of all colours, backgrounds and beliefs. It is a place where everyone takes pride in calling themselves an Australian. UCHK Consulting Ltd http://uchkconsulting.com/australia-cultural-diversity.php
Foreign investment in property: FIRB and Taxes
 
02:48
The property development and property investment industries are ready for the biggest shake up in decades. Hear what Daren McDonald has to say about the proposed changes.
Views: 634 ShineWing Australia
Is this why house prices are so insane? Foreign investment in Australian residential property TRIPL
 
02:38
The amount of money spent in Australia's property market by foreign investors tripled last year, as prices continued to skyrocket, new figures show. The amount of money spent in Australia's property market by foreign investors tripled last year, as prices continued to skyrocket, new figures show. The amount of money spent in Australia's property market by foreign investors tripled last year, as prices continued to skyrocket, new figures show. Is this why house prices are so insane? Foreign investment in Australian residential property TRIPLED last year to $35bn... and China overtook all other countries for the first time with a $12bn splurge Is this why house prices are so insane? Foreign investment in Australian residential property TRIPLED last year to $35bn... and China overtook all other countries for the first time with a $12bn splurge Is this why house prices are so insane? Foreign investment in Australian residential property TRIPLED last year to $35bn... and China overtook all other countries for the first time with a $12bn splurge
Views: 206 Elle Byton
Australia toughens foreign investment rules amid China concerns
 
01:58
Australia toughens foreign investment rules amid China concerns. SYDNEY: Australia announced tougher restrictions on foreign buyers of agricultural land and electricity infrastructure on Thursday (Feb 1) amid fears over rising Chinese influence. Foreign investors n...
Views: 4 ASIA NEWS
Foreign investment needs greater scrutiny: Truss
 
11:21
Nationals Leader Warren Truss says the debate on foreign investment in Australia is hampered by a lack of information.
Why Australians concerned about China's investment surge?
 
01:34
According to Brian Wilson, Chairman of Australia's Foreign Investment Review Board, China now is Australia's largest two way trading partner with China, but investment from China makes up only 4 percent of Australian total foreign investment. And Wilson says it's natural for Australians to be concerned about some other country that is starting to come up the investment curve, saying quote: "And then in the 1980s and early 1990s there was a lot of concern about Japanese investing in Australia and now of course over the past 6 or 7 years there has been concern about China investing in Australia." According to him, Australia is a large economy with a small population, and the government has the phrase open for business which is really saying they welcome foreign investment. And Wilson says it is a win-win model as well.
Views: 40478 New China TV
As ties thaw, Australia says it welcomes Chinese investment
 
01:52
(8 Nov 2018) Australian Foreign Minister Marie Payne said Thursday that the government's rejection of a Chinese bid to take over an energy infrastructure company does not indicate a change in the country's openness to doing business with China. Payne welcomed "foreign investment into Australia" during a news conference in Beijing with Chinese Foreign Minister Wang Yi. On Wednesday, Australia said it intends to block a Chinese and Hong Kong consortium's 13 billion Australian dollar (9 billion US dollar) bid to take over the APA group. Payne said the government judged that the acquisition would have resulted in "an undue concentration of foreign ownership by a single company group in what is our most significant gas transmission business." Payne's meeting with Wang earlier Thursday was seen as a thaw in recently frosty relationship between the two economic partners after months of tension over accusations of Chinese interference in Australian politics, media and academia. "We have reaffirmed the right course of the relationship," Wang said after the meeting, which ran an hour longer than scheduled. "China's development poses no threat to Australia, but it represents opportunities," Wang added. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: https://twitter.com/AP_Archive Facebook: https://www.facebook.com/APArchives Google+: https://plus.google.com/b/102011028589719587178/+APArchive​ Tumblr: https://aparchives.tumblr.com/​​ Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/fd87f138317937dbe224ec6e6884c63b
Views: 237 AP Archive
Stephen Cartwright in China talks about foreign investment opportunities in Australia
 
03:21
CEO Stephen Cartwright (in China for trade expo) talks about foreign investment opportunities in Australia. Clip courtesy of Sky News Business. http://www.nswbusinesschamber.com.au/
Views: 415 NSW BC
Foreign investment within the Australia property market.
 
00:41
Steven Gatt, partner at KPMG explains why the government is restricting foreign investment within the Australian property market and why it may not be a good thing for our economy.
Views: 81 Development Ready
CU LAB: How will Australia's foreign investment reforms affect real estate? with Gary Best
 
02:15
How will Australia's foreign investment reforms affect real estate? Gary Best sets out the main implications for real estate of the FIRB changes. Make more connections between the law and business in the CU LAB here http://www.claytonutz.com/publications/videos/culab/home.page
Views: 282 Clayton Utz
China overtakes US to become Australia's top foreign investor
 
00:49
Thanks to a nearly 10 billion U.S. dollar surge in real estate investment, China has overtaken the United States to become the top foreign investor. It accounted for 16.5 percent of total foreign investment approved.
Views: 231 New China TV
Chinese foreign investment: Will China own America?
 
03:05
Do billions of Chinese dollars pouring into America put us at risk? AEI scholar Derek Scissors breaks down the implications of the record-breaking Chinese investments in the U.S. Attributions: Adam Ferris differentenergy Smaty SHI tanvideo11 Subscribe AEI's YouTube Channel http://www.youtube.com/user/AEIVideos?sub_confirmation=1 Like us on Facebook http://www.facebook.com/AEIonline Follow us on Twitter http://twitter.com/aei For More Information http://www.aei.org Chinese foreign investment: Will China own America Third-party photos, graphics, and video clips in this video may have been cropped or reframed. Music in this video may have been recut from its original arrangement and timing. In the event this video uses Creative Commons assets: If not noted in the description, titles for Creative Commons assets used in this video can be found at the link provided after each asset. The use of third-party photos, graphics, video clips, and/or music in this video does not constitute an endorsement from the artists and producers licensing those materials. AEI operates independently of any political party and does not take institutional positions on any issues. AEI scholars, fellows, and their guests frequently take positions on policy and other issues. When they do, they speak for themselves and not for AEI or its trustees or other scholars or employees. More information on AEI research integrity can be found here: http://www.aei.org/about/ #news #politics #government #education
Tony Hickey discusses the new foreign investment environment in Australia 新投资环境
 
03:46
Tony Hickey discusses the strong foreign investment environment in Australia supported by Federal, State and Local governments. A wide range of investment opportunities exist, supported by policies such as an eligible pathway to permanent residency and the significant investment visa policy. 托尼宏基解释澳大利亚联邦政府、州政府与地方政府强烈支持来自海外的投资。投资机会众多,也带来众多移民的机会,包括重大投资者签证。
Views: 125 Hickey Lawyers
PHOENIX TV - Interview on Foreign Investment in Australia
 
05:14
Phoenix TV interviewed Monika Tu on Chinese Foreign Investment in Australia
G20: China urges Australia over foreign investment
 
00:34
On Sunday at the sidelines of the G20 Summit, Chinese President Xi Jinping met with Australian Prime Minister Malcolm Turnbull for the first time since Canberra blocked a major Chinese investment deal. Australia last month stopped a 7.6-billion-US-dollar sale of the country's biggest energy grid to Chinese bidders, citing security concerns. Subscribe to us on Youtube: https://goo.gl/lP12gA Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 791 CGTN
Why Jacinda Ardern is saying 'no' to foreign investors | 60 Minutes Australia
 
02:08
Jacinda Ardern tells Charles Wooley why it was important for her to intervene with foreign investors buying land in New Zealand. - "If you want to buy you'll go through a screening process if you're not a permanent resident, which will determine whether or not you genuinely do have an attachment to this country or if you don't." For forty years, 60 Minutes have been telling Australians the world’s greatest stories. Tales that changed history, our nation and our lives. Reporters Liz Hayes, Allison Langdon, Tara Brown, Charles Wooley, Liam Bartlett and Tom Steinfort look past the headlines because there is always a bigger picture. Sundays are for 60 Minutes. WATCH more of 60 Minutes Australia: https://www.60minutes.com.au LIKE 60 Minutes Australia on Facebook: https://www.facebook.com/60Minutes9 FOLLOW 60 Minutes Australia on Twitter: https://twitter.com/60Mins FOLLOW 60 Minutes Australia on Instagram: https://www.instagram.com/60minutes9
Views: 9307 60 Minutes Australia
Australia reviews real estate investment laws
 
02:08
The laws surrounding foreign investment in real estate are now undergoing a parliamentary review in Australia. Increasing foreign investment has led to accusations that foreign investors are pushing locals out of the market. Al Jazeera's Wayne Hay reports from Brisbane, Australia. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website http://www.aljazeera.com/
Views: 1662 Al Jazeera English
Do foreign investors see Australia as an investment haven with property?
 
00:47
Aussie's John Symond shares his thoughts on whether foreign investors see Australia as an investment haven with property?
Views: 407 Aussie
China continues strong investment in Australian
 
05:27
Stuart Fuller talks to Ticky Fullerton about China's ever-growing investment in Australia's economy.
Glen Giles on Australia's Foreign Investment Review Board and acquisition of assets and property.
 
02:11
MSI Global's Doing Business in Australia Series: Glen Giles talks about Australia's Foreign Investment Review Board and the role it plays in giving approvals to foreign investors wanting to acquire Australia assets. Glen cover the regulatory and legislative minefield that needs to be navigated to successfully invest into Australia. Key question covered: does the investment under consideration require FIRB approval? Find out about this and more including timeframes for lodging FIRB approval applications.
Views: 74 msiglobalausnz
China to further attract foreign investment in 2019
 
01:18
China will do more to attract foreign investment in 2019 by further relaxing barriers over market access, shortening the negative list for foreign investment, and allowing wholly foreign-funded enterprises to operate in more sectors, according to the government work report released on Tuesday. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Website: https://www.cgtn.com/ Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing Tiktok: https://m.tiktok.com/h5/share/usr/6593878228716666886.html?u_code=d1kab7mki4ai6e&utm_campaign=client_share&app=musically&utm_medium=ios&user_id=6593878228716666886&tt_from=copy&utm_source=copy Douyin: https://www.youtube.com/redirect?q=http%3A%2F%2Fv.douyin.com%2F8QTXhV%2F&redir_token=WkBScl40kZbx7ZwJ9M7QhhTjErx8MTU0NTcyMTg3N0AxNTQ1NjM1NDc3&event=channel_description
Views: 234 CGTN
What type of properties can foreign investors purchase in Australia? | Berman Buys
 
03:52
Website - https://www.bermanbuys.com.au FIRB - http://firb.gov.au "Hello and welcome back to daily buying tips, I’m Dean Berman from Berman Buys. Today were going to discuss what types of property foreign investors can purchase in Australia. You may think why are foreigners allowed to buy property in Australia? Isn’t it unfair for everyday Australians? After doing a bit of research on the area I actually think it’s an area where a decent amount of logic prevails. The reason foreigners can buy property according to the Foreign Investment Review Board or FIRB “is to increase Australia’s housing supply”. The theory goes that the money from overseas, will help build new properties locally. Without that money it would be hard to supply as many properties as we need, leading to upward pressure on prices. The flow on benefits are through the construction process “new jobs will be created which will help support economic growth for everyday Australians”. Effectively this money is helping companies to employ more people, who in turn can experience better wages and standards of living. Foreign investment also increases government revenue from “stamp duties” and “other taxes”. Here are some of the coolest findings on foreign investment: As foreign investment is used to supply more housing, it makes sense foreigners can’t purchase established residential property in Australia because it’s doing the opposite. This is why they can generally get an “exemption certificate” when purchasing off the plan property through a developer whose projects has more than 50 properties in a multi-level building, they can’t purchase house and land packages or townhouses. The only time foreigners can get approval for established property, when it’s for redevelopment and at least 2 dwellings are built for the one demolished, the foreigner has to have approval before entering into an unconditional contract though. Foreigners can buy vacant land for this same reason as they will be adding a house where there was none before, but need approval, the house needs to be built within 4 years to stop land banking. The approval fees increase with price. If a foreigner lives in an Australian property for more than 6 months in a year, they will need to pay a vacancy fee which is to encourage greater levels of rental stock in the market. Commercial property seems to be more relaxed, as foreigners can usually purchase commercial property without needing approval, if the value is generally below $266m. Large penalties apply for breaching foreign investment rules, ranging from a few thousand dollars to a few hundred thousand dollars All in all foreign investment policy seems to make sense to me when the rules are followed." #foreigninvestment #firb
Views: 38 Berman Buys
Budget 2015-16 | Foreign Investment
 
02:06
David Chu discusses what the Federal Budget announcement means for foreign investors.
Views: 421 ShineWing Australia