Author: Joseph Brookes

‘Innovative’ startups get carve out from CGT change

Posted on   |  by Joseph Brookes
The Albanese government on Thursday acknowledged the “special case” of low or no cost startups and confirmed they will be spared from some of the controversial changes to the...

Brisbane BioTech bracing for $15 million RDTI hit

Posted on   |  by Joseph Brookes
One of Australia’s most promising BioTechs says it will be torpedoed by a government plan to tighten innovation tax incentives and cap them after 10 years, warning it could...

Tech groups and investors in the dark on CGT carve out

Posted on   |  by Joseph Brookes
Peak bodies representing private capital, startups and BioTechs on Tuesday said they are not aware when a policy paper outlining a potential innovation carve out from changes to capital...

Emergence Quantum sells stake to top venture firm

Posted on   |  by Joseph Brookes
Sydney University-based R&D startup Emergence Quantum has sold a 22 per cent stake to Singapore-headquartered investment firm Serendipity Capital for an undisclosed amount, in a tie-up expected to produce...