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Changes to Australia foreign investment framework

Effective from 29 March 2020, all proposed foreign investments into Australia will require FIRB approval, regardless of value or the nature of the foreign investor.

APRA’s home loan rule relaxation will allow for bigger mortgages

Australians can now take out bigger mortgages as the prudential regulator has significantly relaxed lending restrictions on banks and other financial institutions.

Australia is the No.1 choice for global Millionaires

About 108,000 millionaires migrated across borders last year, a 14 per cent increase from the prior year, Australia, US and Canada are the top destinations, while China and Russia are the biggest losers.

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