Productivity Commission chair Danielle Wood has dashed hopes of early reforms to R&D settings through the productivity roundtable process, declaring it a matter for the Strategic Examination of R&D.
Amid renewed calls to remove the cap on the R&D Tax Incentive, Ms Wood this week named R&D as one of the areas that has been “carved out” of the Commission’s five pillars inquiries process to avoid duplicating effort.
“We kind of carved out the R&D space from our review because [the SERD] is going on. That review is incredibly important,” she said during an interview with King & Wood Mallesons partners at the law firm’s Digital Future Summit on Thursday.
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