The Hamilton Knight Complying Investment Framework (HK CIF) is designed following the Complying Investment Framework oversight by Austrade, which came into effect on 1 July 2015.
From 1 July 2021, The Morrison Government is reforming the Business Innovation and Investment Program (BIIP) to improve the quality of investments and maximise the economic benefits for Australia. The current Complying Investment Framework will be revised, and The Hamilton Knight CIF will be updated accordingly to comply with these changes.
In summary, from 1 July 2021 the following CIF ratios will apply to both the Investor and the Significant Investor streams:
Speak to our consultants today to understand more about the changes in the Complying Investment Framework.
The table below summarises the key changes that will come into effect from 1st July 2021.
*Disclaimer: The information is extracted from the Media Release by The Hon Alex Hawke MP, Minister for Immigration, Citizenship, Migrant Services and Multicultural Affairs; and is subject to change.