FIRB Changes For Residential Land

Overview

Are you a real estate agent dealing with international clients? Are you up to date on the latest changes to foreign investment fees impacting residential land acquisitions?

Don't get caught off-guard by the recent announcements by the Commonwealth Treasurer. This informative session breaks down the intricacies of the foreign investment regime, fees, and other changes.

With some fees set to triple, while others will double, speaker Sam Steele, Partner at HWL Ebsworth, will provide an overview of the foreign investment landscape, focusing on the recent fee adjustments and their implications for residential properties. This session aims to equip you with the knowledge needed to navigate these changes seamlessly.

Designed for:

This session is tailored to agents and business owners working in the residential property market.
 

Expected outcomes:

Attending this webinar will allow you to:

• Understand the current foreign investment regime applicable to residential land, including the existing fee structure.
• Explore the registration obligations for foreign buyers on the recently introduced Register of Foreign Ownership of Australian Assets.
• Gain insights into the proposed fee changes for existing residential dwellings and vacancy fees.
• Have a comprehensive understanding of how the recent changes aim to direct foreign investment in housing towards increasing the housing stock.