Investment Opportunities in Australia
Protection of Foreign Investment
- Bilateral Investment Conventions Signed By Australia
- International Controversies Registered By UNCTAD
- Organizations Offering Their Assistance in Case of Disagreement
ICC , The International Chamber of Commerce
ICSID , International Center for settlement of Investment Disputes
- Member of the Multilateral Investment Guarantee Agency
Country Comparison For the Protection of Investors
|Index of Transaction Transparency*||8.0||6.0||7.0||5.0|
|Index of Manager’s Responsibility**||2.0||5.2||9.0||5.0|
|Index of Shareholders’ Power***||7.0||6.8||9.0||5.0|
|Index of Investor Protection****||5.7||6.0||8.3||5.0|
Source: Doing Business
Note: *The Greater the Index, the More Transparent the Conditions of Transactions. **The Greater the Index, the More the Manager is Personally Responsible. *** The Greater the Index, the Easier it Will Be For Shareholders to Take Legal Action. **** The Greater the Index, the Higher the Level of Investor Protection.
Procedures Relative to Foreign Investment
- Freedom of Establishment
- Acquisition of Holdings
- There is a mixed regime which has been made more flexible since it was set up in 1975. However, the purchase of a local firm by a foreign company can always be refused by the controlling authority, on the grounds that it would be contrary to national interests.
Consult the FIRB (Foreign Investment Review Board) website.
- Obligation to Declare
The agency for the promotion of foreign investment in the country gives information about the authorizations necessary for setting up. Some investments must be declared to the
Acquisitions, substantiel acquisitions of holdings, and taking control of Australian companies whose assets are valued at more than 50 million AUD; the creation or setting up of a new business when it goes over 10 million AUD (over 100 million AUD of investment the FIRB will make a detailed study); direct investments carried out by foreign governments must be declared.
- Competent Organization For the Declaration
- Requests For Specific Authorizations
- The media, the banking sector, air transport and mining concessions are subject to restrictions; the FIRB can provide details.
Office Real Estate and Land Ownership
- Possible Temporary Solutions
- There are several temporary solutions: domiciliation of the company at the private address of the director, domiciliation in a business center, lodging in relay-workshops , company incubators and renting professional premises.
- The Possibility of Buying Land and Industrial and Commercial Buildings
- Production sites can be built with the help of INVEST Australia and administrations of the different Australian States such as the DSRD.
- Risk of Expropriation
- According to Australian law, foreign investors are entitled to compensation if they are victims of expropriation.
- Forms of Aid
- Subsidies, discounts and reductions of costs, tax exemptions, loan guarantees, payment of expenses for personnel training
- Privileged Domains
- The Australian government encourages investment essentially in Research and Development and in the creation of new industries. The Department of Industry, Science and Tourism ( DIST) plays a vital role in these incentive policies. Allowances are granted to investors who take part in certain Research and Development activities in high technology sectors.
- Privileged Geographical Zones
- Free Zones
- There are some free zones in Australia, such as the Northern Territory Trade Development Zone, which have been established to attract multinationals.
- Organizations Which Finance
- Invest Australia is the agency for the promotion of investment in Australia. It finances aid to investment and publishes an investor's guide.
- The Key Sectors of the National Economy
- Agri-food, the mining and agricultural sectors, logistics.
- High Potential Sectors
- Biotechnologies, environment, infrastructures.
- Privatization Programs
- Electricity production
- Tenders, Projects and Public Procurement
AusTender, Annual Procurement Plan List
SA Tenders and Contracts, Public Procurement opportunities within Australia
Tenders Info, Tenders in Australia
DgMarket, Tenders Worldwide
Sectors Where Investment Opportunities Are Fewer
- Monopolistic Sectors
- The Australian government still maintains legal monopolies in public service companies: the postal service (Australia Post) and the rail network.
- Sectors in Decline
- Textiles, Shoes
Finding Assistance For Further Information
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