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FIRB meaning in Governmental ? |
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Answer» What is Foreign Investment Review Board mean? The Australian Foreign Investment Review Board (FIRB), "examines proposals by foreign persons to invest in Australia and makes recommendations to the Treasurer on those subject to the Foreign Acquisitions and Takeovers Act 1975 and Australia's foreign investment policy. The FIRB is independent but is assisted by the executive to the treasury." Their functions include: Evaluating foreign investment proposalsPushing Australian equity participation in new investors who want to invest in AustraliaMonitor foreign-controlled businesses in AustraliaReview and approval of the purchase of property in Australia by non-residentsLiaison with state and local governments reference |
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