Further streamlining and strengthening the foreign investment framework

The 2026–27 Budget includes reforms to further streamline and strengthen the foreign investment framework.

The reforms include:

• Setting a new performance target of deciding all low-risk applications within 30 days (to be implemented from 1 January 2027).
• Removing ineffective conditions on existing foreign investment approvals.
• Amending foreign investment law.
• Streamlining the Register of Foreign Ownership of Australian Assets

The reforms have been informed by submissions to a public discussion paper in late 2025.