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The Australian Competition and Consumer Commission has made a series of recommendations to try to increase transparency and certainty of pricing.
Requirement to be government-approved means overseas buyers face bill of up to A$100,000 before they can take part in farm sales.
The asset manager told the ASX today it had received a section 33 notice from the Australian Securities and Investments Commission.
With a boom in almond orchards contributing to depleting the state’s aquifers, investors should be aware that ‘the party is going to be contained,’ an insider tells us.
The acquisition of assets by 'non-agricultural interests' from abroad is pushing up values and threatening the dynamism of Canadian agriculture, a Senate report argues.
Greater scrutiny on foreign investment is complicating sales of assets that are not publicly advertised, which a blue-chip manager says account for one-fifth of its usual pipeline.
Days after Canberra announced fresh regulation meant to favor domestic bidders, we look at what has held back Aussie pensions so far – and why the new law will fail to change that.
It’s not clear anyone will gain much from Australia’s latest tightening of foreign investment rules.
Treasurer Scott Morrison today unveiled a law giving domestic buyers first right to farmland for transactions of more than A$15m. We take a look at the small print.
Foley & Lardner partners Greg Husisian and Todd Boudreau, and associate Kevin McNiff, analyze where the US administration has left the industry.
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