December, 2017

Cost Of The R&D Incentive Decreasing in 2017-18

December 18th, 2017

The Mid-Year Economic and Fiscal Outlook Report for 2017-18 has been released, outlining and explaining major changes in payment estimates relating to policy decisions and other factors. Since the last Budget, total cash payments have decreased by $3.4 billion and $8.8 billion over the four years to 2020-21 for parameter and other variations. Included in this category is the cost of the R&D Tax Incentive program, which is coming in less than expected for the 2017-18 year. Cash payments are […]

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Gaming Industry R&D focus is picking up in SA

December 11th, 2017

Gaming industry professionals in South Australia are excited to hear that Government support for game development is finally picking up and the gaming industry is receiving the long awaited recognition it has been longing for. This comes after South Australia was approved to receive a $2 million game developers R&D space in Adelaide, courtesy of the state government grant to Canberra-based gaming specialist Games Plus. Adelaide will become the second location for Games Plus after the launch of its Canberra space […]

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Amazon.com.au May Boost Innovative Aussie Businesses

December 8th, 2017

Amazon, the world’s largest online shopping company, has finally launched its Australian retail site. While the initial response was underwhelming, with visitors to the site complaining that there was a lack of stock selection and the discounts were not significant, it has been estimated that Amazon will undercut Australian retailers by 30 percent. Moreover, the company will continue to add to its store, which covers 23 categories, from books to electronics to baby products, making it simple for consumers to […]

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