Overseas Investment (Urgent Measures) Amendment Bill

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 omnibus bill is 1 of 2 bills introduced as a package to replace the Overseas Investment Amendment Bill (No 2). The purpose of this bill is to ensure that risks posed by foreign investment can be managed effectively while better supporting productive overseas investment by reducing the regulatory burden of the screening process.