Global Trade Alert
Global Trade Alert

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Australia: Government increases FDI fees for foreign investors purchasing or owning real estate

Description

On 9 April 2024, the government of Australia adopted the Foreign Acquisitions and Takeovers Fees Imposition Amendment Act 2024, doubling annual vacancy fees for new residential dwellings and increasin...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

09 Apr 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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