Australia has long recognised that it is in the global market for investments and that its own people cannot fund all the investments necessary for this rapidly developing country. The government continues to review its tax rules to ensure that is globally competitive and provide special incentives to encourage investment when it believes this is important. Foreigners still have access to investments through funds which receive favourable tax consideration, even by global standards.

Having worked for international companies, my experience in dealing with FIRB has been that it is quick to recognise projects which are truly in the in the national interest – which create jobs and wealth in Australia. Our experience has been: if you can demonstrate you will create jobs, comply with the law -including environmental requirements, contribute to the development of the country and eventually pay tax; that foreign investment is welcome.

Australia remains welcoming and wanting foreign investment.