The Property Council welcomes the opportunity to provide comments to Treasury on the exposure draft regulations which amend the Foreign Acquisitions and Takeovers Regulation 2015 and are designed to reduce regulatory burden by clarifying certain aspects of the foreign investment framework and streamlining some less sensitive types of investment.
We welcome the Government’s ongoing commitment to improving the foreign investment review framework both with this initial regulatory package and the broader package of reforms to be undertaken in the second half of 2022. We look forward to contributing to this more holistic reform process and will engage with Treasury through a separate submission.
