One of the best performing stocks on the ASX over the past few years has been Sydney based DroneShield Ltd which has seen the stock price rise from approximately $0.20 in September 2022 to $3.20 in September 2025. DroneShield Ltd has become a world-leading Australian developer of AI-powered counter-drone and electronic warfare solutions, and has recently announced a number of substantial contracts with international governments amid an environment of increased government expenditure on defence. In addition to its warfare solutions, […]
In June 2025, The Australian posted an article about a private group alleged to have operated a ‘false mining operation’ that led to the generation of substantial refunds for GST and Refundable R&D Tax Offset credits. The Australian has this week has posted an update on proceedings that: Lawyers appearing for the ATO told the Federal Court recently that letters have been issued to the company taxpayers notifying them that winding up steps are being taken against them; The ATO have alleged there […]
Change in the R&D Tax Incentive prompts companies seeking to register activites to complete an annual R&D Tax Incentive registration form via the R&D Tax Incentive customer portal. On 15 August 2025, an updated version of the R&D Tax Incentive registration form was released. The new form was redesigned to: better sequence and align information fields within the form with the legislative requirements in the legislation; increase character count limits to allow the provision of additional information for key fields. […]
The AFR and Tax Practitioners Board (TPB) has reported this week on the termination of tax agent registration of an advisor who formerly worked at a large firm. The advisor was found by the TPB to have breached multiple obligations under the Tax Agent Services Act 2009 and the Code of Professional Conduct. The TPB imposed a 4-year ban prohibiting re-applying for the terminated registration. The TPB media release notes: The terminated advisor made false or misleading statements in applications […]