Australia: Foreign Investment in Australian Agricultural Land

  |   Attaché Report (GAIN)

Contact:

Office of Agricultural Affairs, Canberra   |   (011-61-2) 6214 5854

Australia will revise its scrutiny of foreign purchases of agricultural land by reducing the monetary screening threshold applied to foreign investment acquisitions from A$252 million to A$15 million from March 2015. This threshold will apply to the cumulative value of agricultural land owned by the foreign investor. U.S. foreign investments in Australian agricultural land will not be affected by the reduced threshold because of the United States-Australia Free Trade Agreement. Future investments made by U.S. non-government investors will be subject to inclusion on the proposed foreign ownership register of agricultural land. 

Australia: Foreign Investment in Australian Agricultural Land

East Asia and the Pacific, Australia

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