At a time when aging populations and the environmental challenges of climate change are in need of innovative solutions the decline in public-backed science and technology research is a concern. Data from the Organisation for Economic Co-operation and Development (OECD) shows the first fall of R&D spending in government and higher education in 2014 since the organisations conception in 1981. The OECD Science, Technology and Innovation Outlook Report showed increased R&D spending from 2000 […]
CSIRO Partners with Thermal Focus Chinese company Thermal Focus has sought out one of Australia’s leading solar heliostat technology names, CSIRO, to partner for the purpose of increasing the use of renewable energy within the country. This followed China’s announcement to achieve production of 1.4 GW of CTS by 2018 and 5GW by 2020. These targets would double the worldwide number of installed CST plants. The established partnership will enable Thermal Focus to, “manufacture, market, sell and install CSIRO’s patented […]
AusIndustry have recently released new guidance material to help companies and tax advisors correctly identify and register for the R&D Tax Incentive in the fields of software development, agriculture, building, construction, and mining. This guidance material includes specific examples and information on AusIndustry’s expectations for participants registering activities under the R&D Tax Incentive in these fields. The four new Specific Issues Guidance documents are: Getting software development R&D Tax Incentive claims right Getting building and construction R&D Tax Incentive claims right Getting mining R&D Tax Incentive claims right Getting farming R&D […]