Second Reading Speeches

Foreign Acquisitions and Takeovers Fees Imposition Amendment (Fee Streamlining and Other Measures) Bill 2017

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
45

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Summary

Amends the

Foreign Acquisitions and Takeovers Fees Imposition Act 2015
to: simplify the commercial fee framework; and increase fees for residential property purchases by 10 per cent for acquisitions of $10 million or less.

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

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