Submission: Foreign Investment Framework

30th Mar 17

AVCAL submission to The Treasury - Wednesday, 29 March 2017

AVCAL has lodged a submission in relation to proposed changes to the foreign investment framework outlined in the Australian Government’s Consultation Paper, March 2017.

The submission focuses on the Government’s proposals to: 1) improve the processing of low sensitivity business investment; and 2) simplify the Foreign Investment Review Board (FIRB) application fee framework. AVCAL stands ready to work with the Government in whatever way possible to address these issues. We encourage the Government to ensure the final reform package is introduced by no later than 1 July 2017, so as to ensure that much needed investment is not further delayed.

The full submission can be read here.