2024-2025 Global AI Trends Guide
The Australian government has introduced the most significant reforms to Australia’s foreign investment laws (the FIRB regime) in nearly 50 years. This client alert provides a high level summary of the key changes to the FIRB regime from 1 January 2021. The changes come amid a renewed focus by FIRB on enforcement, so investors are well advised to tread carefully when it comes to considering whether FIRB approval is required.