Enforcement/asicCWLTH

Treasurer divestment orders — foreign-owned residential property

divestment order30 June 2024

Facts

FIRB compliance program detected residential property acquisitions in breach of conditions; Treasurer directed divestment + penalty.

Outcome

Forced sales; pecuniary penalties; ATO continues compliance program.

Read the source

https://firb.gov.au/about-firb/foreign-investment-data

Rules Mate links to the regulator's own publication. We do not republish full decision text. Always verify the latest status against the source before acting.