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This article describes changes that were made to Australia’s foreign investment laws. The alterations were specifically made in direct response to the COVID-19 crisis, so that they may better address the perceived risk that otherwise viable Australia-based businesses will be opportunistically acquired by foreign buyers without any sort of government oversight, presenting risks to Australian national interests.

The article also looks at key elements of the changes and other particularly noteworthy points.

Author: Simon Haddy, Partner, Johnson, Winter & Slattery

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Region: Australia
The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.
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