Tag: innovation

Fintechs urge ‘swift action’ on payment system reforms

Posted on   |  by Brandon How
Local fintechs have welcomed proposed reforms to Australia’s payments “outdated” system, but say swift action is needed to fix regulations that are up to a decade behind those in global...

WA Innovation minister adds ‘synergistic’ portfolios

Posted on   |  by Brandon How
Western Australia Innovation and Digital Economy minister Stephen Dawson will take on the Science portfolio in Premier Roger Cook’s new Cabinet. Announced on Wednesday, Mr Dawson will add Minister...

AUKUS sub deal a ‘catalyst for innovation and research’: PM

Posted on   |  by Justin Hendry
Prime Minister Anthony Albanese has heralded Australia’s submarine deal with Britain and the United States as a “catalyst for innovation and research breakthroughs” that will grow the country’s economy...

RDTI claims return to pre-pandemic levels

Posted on   |  by Brandon How
The value of claims through the research and development tax incentive (RDTI) scheme’s non-refundable tax offset is estimated to return to pre-pandemic levels this financial year. The non-refundable tax...

IMCRC signs off with $4.2 billion legacy

Posted on   |  by Brandon How
The Innovative Manufacturing Cooperative Research Centre has closed up shop, leaving behind an estimated $4.2 billion in new revenue growth by 2030. Backed by $40 million in government funding...