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Overseas Investment (Build-to-rent and Similar Rental Developments) Amendment Bill

Government Bill
Published date: 25 Feb 2025

Bills are proposals to make a new law or to change an existing one. Only Parliament can pass a bill. Each bill goes through several stages, giving MPs and the public the chance to have their say.

This bill amends the Overseas Investment Act 2005 to remove barriers to overseas investment in "build-to-rent" housing
person
MP in charge
Hon Chris Bishop
groups
confirmation_number Bill No.61-2
account_balance54Parliament

Progress of the Bill

Details
today

Assented on 23 Feb 2025

description

Act: Overseas Investment (Build-to-rent and Similar Rental Developments) Amendment Act 2025

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Royal Assent

The Governor-General formally signs the bill into law.

Resources

  • Member(s) in charge: Hon Chris Bishop
    Type of Bill: Government
    Parliament: 54
    Bill no: 61-2
    Introduction: 10 Jun 2024
    First reading agreed: 25 Jun 2024
    Referred to: Finance and Expenditure
    Submissions due: 27 Jul 2024
    Select Committee Report(s): Overseas Investment (Build-to-rent and Similar Rental Developments) Amendment Bill - 23 Oct 2024
    Second reading agreed: 29 Jan 2025
    Committee of the whole House concluded: 18 Feb 2025
    Third reading agreed: 20 Feb 2025
    Royal assent: 23 Feb 2025
    Act: Overseas Investment (Build-to-rent and Similar Rental Developments) Amendment Act 2025