Australian FIRB Approval Processing Times: Q1 2026 Statistics Show 35-Day Median Amid Streamlining Reforms

Australia's foreign investment review process (FIRB) has a statutory 30-day consideration period, extendable by another 10 days. Since January 2025, Treasury has aimed to decide 50% of commercial proposals within that 30-day window. Latest Q1 2026 data shows a median processing time of 35 days, with 46% of proposals decided within 30 days. This occurred alongside a significant increase in total foreign investment value despite a 10%+ drop in application numbers. The article discusses ongoing streamlining reforms to the FIRB process.