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September, 2017

Australian R&D Spend is Decreasing for the First Time in Decades

September 26th, 2017

The Australian Bureau of Statistics has found that company expenditure on research and development has declined by 12 percent between 2013-14 and 2015-16. This is close to dipping below 1 percent of GDP, or $16.6 billion. Although manufacturing remained the largest spender of R&D, R&D spending in the mining and manufacturing industries was down. Mining decreased by 34 percent ($954 million) while manufacturing was down 19 percent ($936 million). The R&D tax incentive is expected to cost the government around $3.5 […]

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R&D securing your company’s competitive position in the market

September 21st, 2017

An exciting time lies ahead for the research and development (R&D) industry as Sydney will soon be home to BT’s new global cyber security R&D centre, facilitating 172 additional skilled jobs over the next five years. The R&D hub is an expansion to BT’s existing Security Operation Centre (SOC) in Berry Street and will be the company’s first cyber R&D facility outside of the United Kingdom. The NSW Government has provided a $1.67 million grant to BT in support of the […]

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