May, 2017

Cairns Could Become Australia’s Innovation Capital

May 30th, 2017

James Cook University is expanding towards the city centre with the development of a tropical innovation hub. The Cairns Innovation Centre (CIC) project will consist of a $40 million Innovation Lodge, a $50 million Tropical Enterprise Centre and a $33 million Tropical Sports Conditioning Centre. To help drive collaborations in health and education, it will be placed close to Cairns Hospital and Cairns State High School. While capital cities are known as knowledge economies, they are expensive places to live. […]

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Uncertainties Resulting from 457 Visa Changes

May 29th, 2017

Changes to the 457 skilled migration visas are having alarming consequences, with scientists from abroad turning down top positions in the Australian medical research sector. At least six institutes have had job offers rejected following the changes. Other sectors experiencing major issues include companies who recruit international workers for the engineering, IT, finance and education sectors. In April, the federal budget announced that 457 visas would be replaced with a new TSS temporary visa from March 2018. For 457 visas […]

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Rix’s Creek Pty Limited; Bloomfield Collieries Pty Limited v Innovation Australia [2017] AATA 645

May 26th, 2017

Introduction The case Rix’s Creek Pty Limited; Bloomfield Collieries Pty Limited and Innovation Australia [2017] AATA 645, refers to two related mining companies which registered and claimed for the R&D Tax Concession for the years 2008 to 2012. After reviews were conducted on the claimed activities, Innovation and Science Australia found that the majority of the activities were not eligible for the R&D assistance. The respective companies opposed this decision and applied to the Administrative Appeals Tribunal for an independent […]

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VDRZ and Innovation Australia [2017] AATA 123

May 25th, 2017

Introduction Tribunal: Justice D Kerr, President Date: 27 January 2017 Place: Sydney The proceeding involved a dispute regarding VDRZ’s entitlement to research and development tax concessions in accordance with s 39J of the Industry Research and Development Act 1986 (Cth) (the Act). It was referred for conciliation pursuant to s 34A of the Administrative Appeals Tribunal Act 1975 (ATT Act) on 21 September 2016. Background Conciliation was conducted by Senior Member Lazanas on 12 December 2016. An agreement was reached […]

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