Tax breaks for companies undertaking research and development would be simplified and reworked to “encourage scale” under changes being contemplated to jump-start Australia’s R&D system.
The panel leading the Strategic Examination of Research and Development (SERD) is also considering new business-led programs focused on areas of national importance, as well as changes to procurement rules and migration reforms.
The proposals are among several included in the latest SERD issues paper, released for consultation without fanfare this week following an initial paper on coordinating national research, development & innovation (RD&I) impact.
Want to know how this story ends?
Become a subscriber for complete access to all stories on InnovationAus.com and our daily newsletter.
Do you know more? Contact James Riley via Email.