Revamping Australia’s Foreign Investment Framework: A Closer Look at Treasury’s Reforms
Yesterday the Treasurer announced broad policy reforms designed to ‘strengthen’ and ‘streamline’ Australia’s foreign investment framework. The reforms centre around a renewed risk-based approach to be adopted by Treasury when screening proposals. Under this approach, ‘high risk’ proposals will now be subject to enhanced screening measures whereas ‘low-risk’ proposals (including those by known investors with a […]
Gift vs Loan: how to structure a transaction between family members
It is increasingly common that family members may wish to provide financial assistance to another family member — whether it be lending funds to a child for a house deposit, assisting an elderly family member with accommodation arrangements, or helping a family member undertake a significant investment or business endeavour. Sometimes, there is simply a […]
Australia, will you be custodying digital assets?
Please note that this article was first published on Zodia Custody. *** Australia’s national Treasury’s recently released Regulating Digital Asset Platforms Consultation Paper proposes a framework for regulating digital assets that leverages the existing Australian financial services (AFS) licensing regime and introduces a new financial product called a digital asset facility (DAF). While it is possible […]
Navigating the 2024 Queensland Land Valuations Changes
On 26 March 2024, the Queensland Valuer-General issued new land valuations to landowners for 20 local government areas in Queensland, including Banana, Barcoo, Bulloo, Central Highlands, Diamantina, Goondiwindi, Isaac, Longreach and Winton. The valuations reflect land values as at 1 October 2023, and are effective from 30 June 2024. Key Changes Some of the highest […]
