The recent free-trade agreement between Australia and the United Kingdom (UK) allows private UK investors to invest more in Australia property.Australia's Foreign Investment Review Board (FIRB) regulates foreign investment in Australian land and businesses. Investors are subject to screening for investments depending on the type of investment, the country of origin of the investor and whether the investors exceed the relevant monetary threshold.The Australia-United Kingdom Free Trade Agreement (A-UKFTA) entered into force on 31 May 2023. (For background, see Tax Alert 2023-0970.) As part of the A-UKFTA, private investors from the United Kingdom are now subject to higher monetary screening...