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Researchers deploy unmanned Sail Drones as an Australian first science mission
January 25th, 2018Researchers from CSIRO are beginning an Australian first science mission to deploy ocean surface unmanned Sail Drones to sail the world. Typical research vessel ships cost tens of thousands of dollars per day to operate and require several on-board staff and researchers to operate equipment and collect data. However sail drones are unoccupied sail crafts controlled remotely from smart devices and rely on solar to charge their batteries and wind to sail. Additionally, sail drones are not weather dependent like […]
Innovative technology allowing bikes to communicate with cars
January 12th, 2018The innovative communication company, Trek and Tome are working on an AI-based bicycle-to-vehicle (B2V) communication system which will allow bicycle riders the ability to detect when a vehicle is close by or approaching. A further component to developing this innovative product is to include Cellular Vehicle-to-Everything technology (C-V2X), which would let vehicles communicate with other vehicles. This technology could work by building C-V2X into bike electronics, such as the lights and building a mobile phone app for cyclists. Currently Garmin […]
Toyota unleashes new purpose for self driving vehicles
January 10th, 2018Toyota has announced that they will be releasing electric self driving vehicles that will be tailored for companies to use ride-sharing and package delivery services. This new development in car manufacturing underscores how automakers are no longer simply building cars but also providing services to go with them. Toyota has grand plans to start testing the new vehicles in the early 2020’s in various regions and plans to release the car in three sizes: a bus-sized vehicle, a shuttle and […]
Cost Of The R&D Incentive Decreasing in 2017-18
December 18th, 2017The Mid-Year Economic and Fiscal Outlook Report for 2017-18 has been released, outlining and explaining major changes in payment estimates relating to policy decisions and other factors. Since the last Budget, total cash payments have decreased by $3.4 billion and $8.8 billion over the four years to 2020-21 for parameter and other variations. Included in this category is the cost of the R&D Tax Incentive program, which is coming in less than expected for the 2017-18 year. Cash payments are […]
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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 […]
