Casey building, head office of the Department of Foreign Affairs and Trade, in Barton, ACT. Minister for Trade, Tourism and Foreign investment in australia, presently the Hon. The department was abolished on 14 November 1916 and its responsibilities were undertaken by the Prime Minister’s Department and the Department of Home and Territories.

It was re-established on 21 December 1921. The Department of External Affairs was renamed the Department of Foreign Affairs in 1970. DFAT is administered by a senior executive, comprising a secretary and five deputy secretaries. The department is responsible to the Minister for Foreign Affairs, the Minister for Trade, Tourism and Investment, the Minister for International Development and the Pacific, and the Assistant Minister for Trade, Tourism and Investment. The department has a staff of around 3,300 employees, of which 1,300 are foreign staff employed by missions directly, and 1,500 are Australian employees based in Australia, and some 500 are diplomats serving overseas. The department maintains offices in each state and mainland territory to provide consular and passport services, and to perform an important liaison service for business throughout Australia. In addition, it has a Torres Strait Treaty Liaison Office on Thursday Island.

Department of Foreign Affairs and Trade. Parliamentary Handbook of the Commonwealth of Australia, 20th ed, 1978, pp. Department of the Prime Minister and Cabinet. Statement by the Prime Minister designate, The Hon John Howard MP”. Departmental secretaries and statutory office-holders, Canberra”.

Diplomatic Appointment and Appointment of Secretaries of the Department of Defence and the Department of Foreign Affairs and Trade”. Mr Peter N Varghese AO – Biographical details”. Frances Adamson appointed as DFAT’s first female secretary”. Frances Adamson becomes Department of Foreign Affairs and Trade’s first female secretary”. This page was last edited on 3 April 2018, at 16:25. For detailed information please read our guidance notes. The Australian Government has released new guidance clarifying that foreign investors can only acquire agricultural land where there has been an open and transparent sale process.

Monetary thresholds for foreign investors were indexed on 1 January 2018. The Treasurer has released the second report of the Register of Foreign Ownership of Agricultural Land. FIRB Chairman David Irvine AO provided an insight into the role of agriculture and foreign investment in Australia’s economy, and the FIRB’s role in facilitating this investment. Please enable scripts and reload this page. The Government’s policy is to channel foreign investment into new dwellings as this creates additional jobs in the construction industry and helps support economic growth. It can also increase government revenues, in the form of stamp duties and other taxes, and from the overall higher economic growth that flows from additional investment. Consistent with this aim, different factors apply depending on whether the type of property being acquired will increase the housing stock or whether it is an established dwelling.