August, 2015

R&D Tax Incentive review to be carried out

August 24th, 2015

A government review of the research and development (R&D) tax incentive program is set to be carried out by the Centre for International Economics. The Centre for International Economics (CIE) has been engaged to provide independent advice to the Review of the R&D Tax Incentive programme. The review is aimed at enabling mid-sized businesses to provide feedback on the value of innovation incentives to remain competitive in a global economy. The Review is interested in canvassing a broad variety of […]

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CSL urges cuts to advanced manufacturing tax rate

August 4th, 2015

Australian biotech company CSL is calling for a lower advanced manufacturing tax rate. Last year the company decided to build a $500 million plant in Switzerland over Australia due to factors such as proximity to market, availability of staff, market experience and, specifically, a lower corporate tax rate within the country. CSL’s chief financial officer, Gordon Naylor, acknowledges tax is not the only deterrent to doing more in Australia, he says it’s a central element. That’s why CSL is pushing […]

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