Foreign Investment Becomes Easier in Australia
August 22, 2009
Investing in Australia will be more attractive with three government reforms designed to streamline the review process. Investors will benefit from less red tape and decreased compliance costs. The reforms will also ensure the government does not become “unnecessarily involved in uncontroversial business transactions,” Australia Treasurer Wayne Swan says.
Swan also reflects that foreign investment is key to Australia’s growth and prosperity creating jobs, promoting innovation and skills, and fostering healthy competition in industries.
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