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...
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...
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...
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...
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...
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...
The private sector needs to do more of the financial heavy lifting to back Australian innovation, Industry Minister Tim Ayres has said, laying out plans for his portfolio to...
One of Australia’s most promising BioTechs says it will be torpedoed by a government plan to tighten innovation tax incentives and cap them after 10 years, warning it could...
A series of startup consultation efforts held in response to concerns about federal budget measures appear to have been held without the knowledge of the Minister responsible, or the...
Australia has no shortage of innovative deep tech startups. But historically, it has lacked a clear path from a promising prototype to large-scale commercial success. For decades, too many...