The Australian Foreign Investment Review Board (FIRB), "examines proposals by foreign persons to

invest Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is ...

in Australia and makes recommendations to the Treasurer on those subject to the

Foreign Acquisitions and Takeovers Act Foreign may refer to: Government * Foreign policy, how a country interacts with other countries * Ministry of Foreign Affairs, in many countries ** Foreign Office, a department of the UK government ** Foreign office and foreign minister * United S ...

1975 and Australia's foreign investment policy. The FIRB is independent but is assisted by the executive to the treasury." Their functions include: *Evaluating foreign investment proposals *Pushing Australian

equity participation Equity may refer to: Finance, accounting and ownership *Equity (finance), ownership of assets that have liabilities attached to them ** Stock, equity based on original contributions of cash or other value to a business ** Home equity, the diff ...

in new investors who want to invest in Australia *Monitor foreign-controlled businesses in Australia *Review and approval of the purchase of property in Australia by non-residents *Liaise with state and local governments

References

Commonwealth Government agencies of Australia Investment in Australia Government agencies established in 1976 1976 establishments in Australia {{Australia-gov-stub