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Research and Development in SA taken to new level
February 6th, 2018The Grain Research and Development (R&D) Corporation (GRDC) has announced a major contribution to the establishment of facilities at the South Australian R&D Institute’s (SARDI) new Clare Research Centre. SARDI has received a $270,000 R&D Infrastructure Grant to build a controlled environment growth room at the new research centre. In addition to this grant PIRSA-SARDI has also contributed $30,000 to the controlled environment growth room project. The following R&D grant is part of the $15 million funding which the GRDC […]
AI Presents A Significant Opportunity For Australian Businesses
February 6th, 2018Innovation and Science Australia (ISA) stated in the ‘Australia 2030: Prosperity Through Innovation’ report that artificial intelligence, notably cyber-physical systems such as the Internet of Things, represents a major opportunity for the Australian economy. The agency stated that the Digital Economy Strategy, to be released later in the year, should aim to make Australia a leader in the research and development of AI and machine learning. It suggested that the public sector trial innovative digital technologies, as an increase in […]
Abolition of the Innovation Patent System May Prove Detrimental to Australian SMEs
February 2nd, 2018The Institute of Patent and Trade Mark Attorneys of Australia (IPTA) has stated that the government’s proposed abolition of the innovation patent system will “seriously disadvantage Australian SMEs attracting finance to commercialise their innovations by removing the simplest and lowest cost means of protecting their intellectual property.” The Innovation Patent System (IPS) was introduced in 2001 to encourage local SMEs to innovate. In 2016, over 2,000 applications for innovation patents were filed. The IPS allows Australian inventors and SMEs to protect […]
ISA releases plan for Australia to thrive in global innovation race
January 30th, 2018As Australia celebrates 26 years of continuous economic growth, Innovation and Science Australia (ISA) releases their plan for Australia to further thrive in the global innovation race. ISA has released their report titled “Australia 2030: Prosperity through Innovation,” which provides a roadmap for governments to accelerate Australia’s innovation system by 2030. The report is a strategic plan to advise policy makers on how to accelerate innovation and optimise Australia’s innovation system. In planning towards 2030, innovation will continue to be […]
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News & ResearchSwanson Reed: Registered Tax Agent obligations and keeping clients informed
SR Tax Services Pty Ltd (trading as Swanson Reed) is a registered tax agent (Registration number 03718008). The Tax Practitioners Board (TPB) is the authority responsible for regulating Australia’s tax agents. The Government package of reforms to strengthen […]
Robyn Denholm comments on R&D Spending Gap
In recent comments published by The Australian, Robyn Denholm, the Australian-based Tesla chair, has expressed concerns over slowing business investment in Australia, noting that “Australia is not living up to its full potential” in terms of investment and R&D She […]
