Global Trade Alert
Global Trade Alert

Australia: New foreign property taxes introduced in NSW

Announcement

21 Jun 2016

In June 2016, the government of Australia announced altered domestic business conditions for foreign investors.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

21 Jun 2016

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

On 21 June 2016, the Treasurer of New South Wales announced in the budget 2016-17 new foreign property taxes. The Treasurer said in his budget speech: "The Government is also introducing surcharges f...

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