Jump to content

Foreign Investment Review Board

Add links
From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Canley (talk | contribs) at 13:04, 17 June 2020 (added FIRB chair). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Foreign Investment Review Board
Agency overview
Formed1976 (1976)
JurisdictionCommonwealth of Australia
HeadquartersCanberra
Minister responsible
Agency executive
Websitewww.firb.gov.au

The Australian Foreign Investment Review Board (FIRB), "examines proposals by foreign persons to invest in Australia and makes recommendations to the Treasurer on those subject to the Foreign Acquisitions and Takeovers Act 1975 and Australia's foreign investment policy. The FIRB is independent but is assisted by the executive to the treasury."[1]

Their functions include:

  • Evaluating foreign investment proposals
  • Pushing Australian equity participation in new investors who want to invest in Australia
  • Monitor foreign-controlled businesses in Australia
  • Liaison with state and local governments

References

  1. ^ http://www.firb.gov.au/


Stub icon

This Australian government-related article is a stub. You can help Wikipedia by expanding it.

Retrieved from "https://en.wikipedia.org/w/index.php?title=Foreign_Investment_Review_Board&oldid=963040744"