Announcement
22 Apr 2016
In April 2016, the government of Australia announced altered domestic business conditions for foreign investors.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jul 2016
Revocation date:
29 May 2019
Announced: 22 Apr 2016
FDI: Treatment and operations, nes
On 22 April 2016, the Victoria government announced it would raise foreign property taxes.
According to the press release, "(i)t is only fair that foreign buyers - who do not pay taxes such as payrol...
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Related State Acts
Announced: 29 May 2019
Australia: Victoria increases land tax surcharges for foreigners
Announced: 21 Jun 2016
Australia: New foreign property taxes introduced in NSW
Announced: 10 Jun 2016
Australia: New tax surcharge on foreign property in Queensland
Announced: 01 Jul 2015
Australia: Increased taxes on foreign property owners in Victoria
Announced: 14 May 2013
Australia: Budget 2013-14 targets multinationals and foreign investors as a remedy to the effects of the global financial crisis
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