Oceania: Government, Public Sector

Under section 40 of the Foreign Acquisitions and Takeovers Act 1975 (Cth) ("FATA"), the Treasurer has 30 days to consider an application, and a further 10 days to notify of the outcome.

Australia's Department of Home Affairs has released proposed changes to the Security of Critical Infrastructure Act 2018 following an independent review. The amendments introduce enhanced obligations for high-risk asset classes, including stricter cyber security requirements, supply chain vulnerability mapping, and personnel security measures. Organizations managing critical infrastructure assets must now prepare for comprehensive regulatory changes that will fundamentally reshape how they protect essential

In the 2026-27 Budget, the Government announced a package of legislative, policy and practice reforms to further streamline and strengthen Australia's foreign investment framework.