Global Trade Alert
Global Trade Alert

Australia: Budget 2013-14 targets multinationals and foreign investors as a remedy to the effects of the global financial crisis

Announcement

14 May 2013

In May 2013, 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

Implementation date

14 May 2013

Revocation date:

No revocation date

Announced: 14 May 2013
FDI: Treatment and operations, nes In force
On 14 May 2013, the Treasurer of Australia, Mr. Wayne Swan, has delivered the 2013-14 Budget. He has stated that A$170 billion in tax receipts have been lost since the beginning of the global financia...
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Related State Acts

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: 22 Apr 2016

Australia: Further increased foreign property taxes in Victoria

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