Tag: FIRB

FIRB reforms introduced to Parliament

Posted on   |  by Denham Sadler
Significant reforms to Australia’s foreign investment framework which have raised concerns among the local tech sector have been introduced to Parliament, with plans to implement them from the start...

FIRB reforms will ‘imperil’ quantum sector

Posted on   |  by Denham Sadler
Proposed changes to Australia’s foreign investment rules will “imperil” the future of the country’s quantum computing sector and severely disadvantage local tech companies, according to a number of submissions...

Tech companies spared from new FIRB test

Posted on   |  by Denham Sadler
Most tech companies may be spared from the strict new foreign investment national security test rules, with the government releasing draft legislation on the significant reforms. The federal government...

FIRB rules tighten for telcos and tech

Posted on   |  by Denham Sadler
The government will have the power to impose conditions or completely block foreign investment in local companies as part of the most significant changes to Australia’s critical infrastructure laws...

Data is critical infrastructure

Posted on   |  by Denham Sadler
The federal government should treat the personal data of Australians like critical infrastructure, with better protection needed to keep information secure as a consideration in foreign investment and takeovers....