The federal Government has announced a set of principles to guide its investment in programs that help the most vulnerable Australians.
The federal Government has released exposure draft legislation and explanatory material for the housing affordability and tax integrity measures announced in the 2017-18 Budget.
The federal Government has introduced legislation to implement its election commitment to establish a $4 billion Regional Investment Corporation (RIC).
The federal Government has reduced the Future Fund’s long-term target return by 50 basis points, reflecting “changed global investment market conditions”.
Treasurer Scott Morrison has vetoed a proposal that BHP Billiton be delisted from the Australian Securities Exchange (ASX) as part of an extensive restructuring.
The federal Government has begun a consultation process on reforms to support cooperatives, mutuals and member-owned firms so they can invest, grow and employ more Australians.
Treasurer Scott Morrison has ordered the forced sale of a further 15 Australian residential properties held by foreign nationals in breach of the foreign investment framework.
Treasurer Scott Morrison has introduced legislation in the House of Representatives to facilitate crowd-sourced equity funding in Australia.
The Minister for Revenue and Financial Services, Kelly O’Dwyer has released a discussion paper titled ‘National Innovation and Science Agenda – Employee Share Schemes’ for consultation.
Mining magnate Gina Rinehart has joined with Chinese real estate firm Shanghai CRED to bid $365 million for Australia’s largest private landholding, S Kidman & Co.
The Federal Coalition has promised steelmaker Arrium a $49.2 million lifeline which it says will protect around 2,700 jobs in South Australia.
The Coalition says that if re-elected it will establish a Regional Investment Corporation to fast-track the delivery of $4.5 billion in Commonwealth drought and water infrastructure loans.
A federal Labor government would provide embattled Whyalla steelmaker Arrium with a $100 million lifeline, with the money to go towards projects aimed at securing the long-term sustainability of the plant and local workforce.
Treasurer Scott Morrison has made a “preliminary” decision that a proposed $370 million takeover of S. Kidman and Co by a Chinese-led group would be contrary to the national interest.
The Government said it will remove barriers to the use of asset backed financing arrangements, which are supported by assets such as deferred payment arrangements and hire purchase arrangements.
The Government announced in the Budget that it will seek feedback on how to ensure investors in FinTech start-up activities are eligible for the venture capital tax concessions.
The federal Government has blocked the sale of properties owned by S. Kidman and Co – Australia’s largest private land owner – to foreign investors.
The Government proposes that new crowd-sourced equity funding (CSEF) rules will allow entrepreneurs to raise up to $5 million per year from a large number of individuals.
The Government proposes that partners in a new Early Stage Venture Capital Limited Partnership (ESVCLP) will receive a 10 per cent non-refundable tax offset on capital invested during the year.
The Government proposes that concessional tax treatment will be made available for investors who support innovative startups.
Federal Treasurer Scott Morrison has ordered foreign nationals to sell a further seven Australian residential properties acquired in breach of the foreign investment framework.
The deadline for foreign investors or their representatives to register their existing Australian agricultural land holdings has been extended by two months to 29 February 2016.
The Government proposes that new crowd-sourced equity funding (CSEF) rules will allow entrepreneurs to raise up to $5 million per year from a large number of individuals in return for equity in their company.
The Government proposes that concessional tax treatment will be made available for investors who support innovative startups, including a 20 per cent non-refundable tax offset on investment capped at $200,000 per investor, per year.
The Treasury has published draft legislation that would implement the foreign investment regime announced in May.
Former Treasurer Joe Hockey ordered the sale of another five residential properties unlawfully held by foreign nationals.
The Treasury has published draft legislation designed to implement the changes to foreign investment rules for agriculture and real estate, announced in May.
Federal Treasurer Joe Hockey says that just one month after the Government announced plans to strengthen foreign investment rules for residential real estate, the Foreign Investment Review Board (FIRB) has 195 cases under investigation.
Small Business Minister Bruce Billson says that legislation to improve employee share scheme will give a big boost to the start-up sector if the Senate also agrees to it.
The Commonwealth Government says it will take action to strengthen Australia’s foreign investment framework for residential real estate and agriculture.