Month: March 2020

COVID-19 – Foreign investment review changes – Increased scrutiny and delays

The Federal Treasurer has announced temporary changes to Australia’s foreign investment review framework, which came into effect from 10.30pm on Sunday 29 March 2020. The important temporary measures were put in place to ensure that there is a greater scrutiny on foreign investment into Australian businesses and assets (including land), at a time when Australian… Read more

COVID-19 – Temporary Relief for Cash Strapped Businesses

On 22 March 2020, in response to the debilitating effect of the COVID19 virus on businesses of varying sizes, the Federal Government announced its ‘Temporary relief for financially distressed businesses’ or to be precise the Coronavirus Economic Response Package Omnibus Bill 2020.  While only time will tell whether the temporary measures will in practice free… Read more