Foreign Investment Review Board

{{Use dmy dates|date=July 2019}}

{{Infobox government agency

| agency_name = Foreign Investment Review Board

| type = Board

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| formed = {{Start date and age|2 April 1976}}

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| jurisdiction = Commonwealth of Australia

| headquarters = Canberra

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| minister1_name = The Hon Dr Jim Chalmers MP

| minister1_pfo = Treasurer

| chief1_name = Bruce Miller

| chief1_position = Chair

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| website = {{URL|https://foreigninvestment.gov.au/}}

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The Foreign Investment Review Board (FIRB) is a non statutory body established in 1976 to advise the [https://ministers.treasury.gov.au/ministers Treasurer]{{cite web |title=Foreign Investment Review Board |url=https://foreigninvestment.gov.au/investing-in-australia/about-us/firb |access-date=17 January 2025 |publisher=foreigninvestment.gov.au}}{{cite web |title=Treasury | Foreign Investment |url=https://treasury.gov.au/foreign-investment |access-date=17 January 2025 |publisher=treasury.gov.au}} and the Australian Government on Australia's Foreign Investment Policy (the Policy) and its administration. The Board’s role is strictly advisory; responsibility for making decisions regarding the Policy and foreign investment proposals ultimately rests with the Treasurer.

The FIRB assesses most foreign investment proposals under the 'national interest test' and in other cases a "narrower range of factors" under the 'national security test'.{{Citation|title=Australia’s Foreign Investment Policy|publisher=The Treasury|url=https://foreigninvestment.gov.au/sites/foreigninvestment.gov.au/files/2024-04/australias-foreign-investment-policy.pdf|pages=5-13 |date=30 May 2024 |access-date=1 May 2024}} The legal authority for making decisions on foreign investments in Australia rests with the Treasurer.

The FIRB's functions include:

• Evaluating foreign investment proposals
• Pushing Australian equity participation in new investors who want to invest in Australia
• Monitor foreign-controlled businesses in Australia
• Liaise with state and local governments