Tag: Foreign investment review board

‘Opaque’ FIRB delays Aussie GovTech deal

Posted on   |  by Joseph Brookes
Two Australian founded government technology companies have been acquired for an undisclosed amount by US firm Granicus, which plans to roll the software into a unified platform, as American...

Govt ‘dismissive’ of tech concerns on FIRB changes

Posted on   |  by Denham Sadler
The federal government was “dismissive” of concerns raised during consultations about the impact of reforms to Australia’s foreign investment laws on local tech companies, with these left unaddressed in...

FIRB changes to dampen foreign tech investment

Posted on   |  by Denham Sadler
New rules surrounding Australia’s foreign investment regime which passed Parliament last week may “dampen the enthusiasm” for investment in local tech companies, according to Australian Investment Council chief Yasser...

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....