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Australia to Double Investments in R&D for Clean Energy
December 2nd, 2015Discovering a slab of coal in your Christmas stocking conventionally notions the idea that Father Christmas judges you more naughty than nice. However, could this tradition be an idea of the past as the nation, and the world, moves towards renewable energy? Australia is amongst 20 countries, all of them major economies, who agreed on Monday to take a clean energy pledge. The investment program, titled Mission Innovation, is a promise to radically accelerate public and private global clean energy […]
Is the Government Acting Too Hastily on the Innovation Statement?
December 1st, 2015Vacuuming the house, mowing the lawn, or even waiting for an image-heavy website to load – these are tasks, in an ideal world, which would be performed in haste. However tax policy changes, in particular, is an undertaking that one would hope is executed with time and consideration. In specific, recent updates have prompted the notion that the Australian government is placing academic research before considering critical industry insights. To expand on this, according to the BDO, the new Innovation […]
Could the R&D Tax Incentive Help Us Make Our Own Luck?
November 30th, 2015“The Lucky Country” – the phrase alone has become shorthand for describing our weather, our lifestyle, and our history. However, has our good fortune deterred Australia from innovating? Certainly, there has been no short of articles lately about Australia’s lack of innovation on a global index. Boundaries are blurring and firms in every sector are changing their processes in drastically new ways. From mixing and matching technologies to remote monitoring and big data – digital disruption has had a wave […]
Digital Disruption: A Threat or Opportunity for Mature Companies in Australia?
November 27th, 2015Gone are the days of playing limbo with landline cables, stretched to their limit, allowing us to hear the daily symphony of modem dial-up. Indeed, digital innovation has accelerated furiously over the past couple of decades. However, what does this mean for the established, mature Australian company? There is no denying that Australia’s timeworn corporate companies are a significant part of our economy. In fact, just observing the ten biggest companies on the ASX 200 index reveals the domination of mature […]
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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 […]
