Changes to Foreign Investment Framework For Australia’s National Interest

The Liberal National Government is today announcing temporary changes to the foreign investment review framework that are designed to protect Australia’s national interest as we deal with the economic implications arising from the spread of the coronavirus.Effective from today, all proposed foreign investments into Australia subject to the Foreign Acquisitions and Takeovers Act 1975 (the […]

Wage Subsidy Plan to Help Australian Workers

The Federal Government has today announced plans for $130 billion package to subsidise wages of employees who have been stood down due to the coronavirus (COVID-19) pandemic. Prime Minister Scott Morrison and Treasurer Josh Frydenberg announced the $130 billion package today which will be $1500 per employee per fortnight, which is 75 per cent of […]