Tag: R&D Tax Incentive

Biotechs win ground in R&D tax incentive shake-up

Posted on   |  by Justin Hendry
The Albanese government has shifted ground on proposed changes to the R&D tax incentive, agreeing to extend the runway for biotech companies to claim refundable offsets from 10 to...

Australia’s biggest R&D tax break users, ranked

Posted on   |  by Justin Hendry
Six companies each claimed more than $100 million through Australia’s research and development tax incentive in the 2022-23 financial year, with new claims totaling $1.2 billion. Newly released Tax...

New startup, SME streams proposed for RDTI

Posted on   |  by Justin Hendry
Startups and SMEs would be treated differently to large enterprises under changes to the R&D Tax Incentive proposed through the Strategic Examination of Research and Development. Tax breaks would...

R&D review panel sketches out plan to ‘translate ideas’

Posted on   |  by Justin Hendry
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...

Govt R&D spend to slide after post-pandemic bump

Posted on   |  by Justin Hendry
Government R&D spending as a share of GDP is set to continue its slide after a brief bump over the last two years, with new data forecasting expenditure will...

BCA calls for new investment breaks to anchor R&D in Australia

Posted on   |  by Justin Hendry
Australia’s peak business lobby is urging the Albanese government to introduce a suite of new incentives to de-risk research and development investment and motivate businesses to develop IP locally....

No quick fix for our broken system of research funding

Posted on   |  by James Riley
It is worth digging a little deeper into the important contribution that Nobel laureate Brian Schmidt and UNSW Scientia Professor of Economics Richard Holden made in their National Press...

Victoria’s R&D grants scheme backs first 10 companies

Posted on   |  by Justin Hendry
PolyNovo, Quantum Brilliance and SPEE3D are among the first 10 local companies to receive matched funding under the Victorian government’s manufacturing-focused R&D grants scheme. Jobs and Industry minister Natalie...