Australia to raise the bar for foreign investors

A senate report into the national interest test used by Australia’s Foreign Investment Review Board calls for tougher screening of overseas bids.

<div style="text-align: left;"> Australia's government signals tighter rules for foreign purchases of farming land </div>

Cherie Marriott

July 02, 2013

Foreign buyers wanting to purchase an asset in Australia often find themselves entangled in a fickle and opaque approval process, according to the findings of a senate inquiry into the country’s foreign-investment ombudsman.

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