Global Trade Alert
Global Trade Alert

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

Announcement

09 Apr 2024

In April 2024, the government of Australia increased FDI fees for the acquisition of established dwellings and vacancy fees for established and new residential dwellings.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Apr 2024

Revocation date:

No revocation date

Announced: 09 Apr 2024
FDI: Treatment and operations, nes In force
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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Announced: 09 Apr 2024
FDI: Entry and ownership rule In force
On 9 April 2024, the government of Australia adopted the Foreign Acquisitions and Takeovers Fees Imposition Amendment Act 2024, tripling foreign investment fees for the acquisition of established dwel...
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