5 October 2017
New thresholds have been announced for the period 1 January 2018 until the close of 31 December 2018.
The thresholds for Australian non-Government and Australian government investments are adjusted each year, if the calculations produce an amount greater than the previous year.
The new thresholds for the period 1 January 2018 until the close of 31 December 2018 will be:
- $516 million, if the investor is an Australian non-government investor; and
- $108 million, if the investor is an Australian government investor.
These changes are made under clauses 4 and 7 of Schedule 5 of the Overseas Investment Regulations 2005. This includes the formula to be used in calculating the adjustment
Land Information New Zeaand
(04) 460 2780
Email: email@example.com or phone: 027 566 5251