Private Equity: COVID-19 Toolkit
All signs are pointing towards the global economic fallout from the COVID-19 pandemic being far greater than the economic impact of the GFC, particularly after the unprecedented shutdown of non-essential services and the anticipated further lock down in the coming weeks. In an effort to find some positivity in the increasingly sombre newsreel, in this […]
Putting the brakes on foreign investment – zero tolerance from FIRB
Important but unexpected changes to Australia’s foreign investment framework came into effect from 10.30 pm (AEDT) on Sunday, 29 March 2020 (Effective Time) following an announcement by the Federal Treasurer. The changes reduce the monetary screening threshold to zero for all transactions and flag that the Foreign Investment Review Board (FIRB) will work with existing […]
