Foreign investment in Australia is an introduction to
the regulatory framework relating to foreign investment in
Australia. It is of particular value to inbound investors and their
advisers looking for a plain speaking and comprehensive guide when
undertaking business in Australia.
Australia welcomes and encourages foreign investment,
particularly direct investment, which will foster
export-orientated, internationally competitive industries. Joint
ventures and new enterprises, which will continue to diversify the
Australian economy, are especially welcome. Foreign capital plays a
fundamental role in the development of Australia's industries
and resources. Foreign investors, both in partnership with local
companies or on their own account, are readily able to pursue
opportunities in Australia.
The topics covered in this publication include:
an introduction to the legal and financial systems in
the available business and investment structures in
the regulation of banking, securities, trade practices,
property, intellectual property, e commerce, workplace relations,
OHS, mining and the environment in Australia
Australia's taxation system
foreign investment, foreign exchange and immigration law and
policy in Australia.
While that agreement mandated export measures on Canadian softwood lumber exports destined for the United States, it also protected those lumber exports from the potential imposition of onerous import measures by the U.S.
While this clarification appears to open the door to FFIs maintaining U.S. dollar accounts on behalf of Iranian parties, the potential transfer of funds to or from such accounts continues to be severely constrained.
On 7 October 2016 OFAC issued an update to its "Frequently Asked Questions Relating to the Lifting of Certain U.S. Sanctions Under the Joint Comprehensive Plan of Action (JCPOA) on Implementation Day".
On September 29, 2016, the Supreme Court of Canada issued its first tariff classification decision since Canada signed the International Convention on the Harmonized Commodity Description and Coding System in 1998.
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