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Author: Admin | 2025-04-28
The financial year: Table 1: Kinds of actions and applicable fees Kind of action Applicable fees (a) Land Residential land Fee tiers increase every $1 million of consideration; Fees start at $13,200 for acquisitions of $1 million or less,(b) rising to a maximum of $1,045,000 for acquisitions of more than $40 million Agricultural land Fee tiers increase every $2 million of consideration; Fees start at $13,200 for acquisitions of $2 million or less,(b) rising to a maximum of $1,045,000 for acquisitions of more than $80 million Commercial land and tenements Fee tiers increase every $50 million of consideration; Fees start at $13,200 for acquisitions of $50 million or less,(b) rising to a maximum of $1,045,000 for acquisitions of more than $2 billion Businesses and entities (excl. land entities) Starting an Australian business (including starting a national security business) $4,000 flat fee Entering agreements and altering documents $26,400 flat fee Internal reorganisations $26,400 flat fee where an action is a reviewable national security action, fees are calculated at 25 per cent of the fee for an equivalent notifiable action. a lower fee of $4,000 will apply where the consideration value of an action is less than $75,000.Source: FIRB Guidance Note 10.Table 2 provides a summary of the different fee tiers for single actions involving residential land, agricultural land, commercial land, tenements, businesses and entities. Table 2: Kinds of actions and applicable fees Consideration for the action Applicable fee Residential land Agricultural land Commercial land, tenements, businesses and entities Fee for single action Fee for single Reviewable national security action (a) Less than $75,000 (b) Less than $75,000 (b) Less than $75,000 (b) $4,000 $1,000 $1 million or less $2 million or less $50 million or less $13,200 $3,300 $2 million or less $4 million or less $100 million or less $26,400 $6,600 $3 million or less $6 million or less $150 million or less $52,800 $13,200 $4 million or less $8 million or less $200 million or less $79,200 $19,800 $5 million or less $10 million or less $250 million or less $105,600 $26,400 … … … … … Over $40 million Over $80 million Over $2 billion $1,045,000 maximum fee $261,250 maximum fee where an action is a reviewable national security action, fees are calculated at 25 per cent of the fee for an equivalent notifiable action. lower fee of $4,000 will apply where the consideration value of an action
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