Tag: R&D

Companies claim $17bn in R&D tax breaks as growth slows

Posted on   |  by Justin Hendry
Growth in research and development tax incentive claims slowed sharply in 2023-24, new data from the Australian Taxation Office reveals, following a sharp  increase of $5 billion that followed...

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...

FMiA already reshaping industry aid: Productivity Commission

Posted on   |  by Justin Hendry
Industry assistance has swung towards targeted support at the expense of broad-based programs since the arrival of the Albanese government’s Future Made in Australia (FMiA) agenda, the Productivity Commission...

Denholm-led panel hits back at SERD criticism

Posted on   |  by Justin Hendry
The Robyn Denholm-led panel that reviewed Australia’s R&D system has hit back at criticisms that its landmark report is too university-centric, insisting universities are far from its “centre of...

Search for first Defence research centre begins at last

Posted on   |  by Justin Hendry
Almost two years after promising a network of university-based research centres to accelerate research and development, Defence has only just begun the process of establishing the first. Defence Research...

S3B kicks off drive for 15-year sovereign chip strategy

Posted on   |  by David Allen
Australia’s semiconductor industry is falling short of its economic potential, held back by gaps in its technology stack and the absence of a coordinated national strategy, according to a...

Chalmers faces deep tech backlash over RDTI overhaul

Posted on   |  by Justin Hendry
A coalition of research groups, accelerators and incubators have united to urge the Albanese government to rethink changes to the R&D Tax Incentive that will limit refundability to startups...

Real govt R&D spending plummets: Latest ABS data

Posted on   |  by Joseph Brookes
Government investment in computer science fell by $112 million in the last two years amid the slowest overall growth in direct government R&D expenditure in five years, new data...