The Albanese Government is taking the next step in delivering a streamlined and strengthened foreign investment regime with a new, more efficient and more effective online portal to process applications.
This is all about increasing speed, efficiency and transparency for foreign investors looking to put capital to work in Australia.
From today, investors can now use the Foreign Investment Portal to submit foreign investment proposals, pay fees, and view outcomes.
This change is one part of our broader reforms to our foreign investment framework, to help boost our economic security and attract the investment we need in our economy.
Our reforms are delivering faster decisions, clearer rules and stricter scrutiny when necessary.
The new portal will help streamline and strengthen the system, with: