Tag: RDTI

Deep tech coalition urges Chalmers to scrap RDTI age limit

Posted on   |  by Justin Hendry
The Albanese government is facing calls to scrap or fundamentally rework key parts of its proposed changes to the R&D tax incentive to avoid undermining Australia’s vibrant deep tech...

R&D ‘deathtrap’ could shut startups out of refunds

Posted on   |  by Justin Hendry
Australia risks decimating startup investment if the government pushes ahead with proposed changes to the R&D tax incentive that could leave young companies unable to claim refunds from the...

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...

Economic Accelerator’s axing to cause ‘years’ of disruption

Posted on   |  by David Allen
Innovation activity has slowed following the unexpected closure of the Australian Economic Accelerator, according to technology transfer professionals, with startups needing clarity about the government’s next moves. Founders are...

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...

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...

Gambling and tobacco firms finally booted from RDTI

Posted on   |  by Joseph Brookes
Legislation preventing gambling and tobacco companies from receiving research and development tax breaks has passed Parliament more than 18 months after Treasurer Jim Chalmers flagged the crackdown. Opposition, Greens...