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11Jul

COVID-19: An Introduction to Temporary Changes Affecting Businesses in Australia and New Zealand

...Changes to The Way Foreign Investment is Reviewed In Australia & New Zealand - In this update we highlight changes to the legislation governing foreign direct investment in each country. Australia - On 29 March 2020, the Australian Government announced changes to the way foreign investment in Australia will be reviewed. Two key changes - 1. All monetary screening thresholds in the Foreign Acquisitions and Takeovers Act 1975 (Act) have been reduced to $0 meaning all proposed foreign...
By: MERITAS - Law Firms Worldwide
Source Url: https://www.jdsupra.com/legalnews/covid-19-an-introduction-to-temporary-26341/

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