Treasurer-directed residential property divestment orders
divestment order30 June 2024
Facts
ATO-led FIRB compliance program identified residential property acquisitions by foreign persons in breach of conditions. Treasurer directed divestment.
Outcome
Forced sale of properties; penalties applied; ATO continues active compliance program.
Read the source
https://firb.gov.au/about-firb/foreign-investment-dataRules 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.