From www.claytonutz.com: The Australian Treasury’s quarterly report for Q1 2024/25 highlights that the United States remains the largest source of foreign direct investment in Australia, with total approved investments of $22.9 billion.

Commercial real estate has overtaken the services and mineral exploration sectors, accounting for $24.1 billion of the total $46.6 billion approved commercial investment proposals, which also saw improved processing times, averaging 34 days.

Notably, 80% of investment approvals had conditions attached, with national security applications comprising 23 of the approved proposals.