General Information

May 1 Registration Deadline for R&D Tax Incentive

April 26th, 2017

The registration deadline for the R&D tax incentive is less than a week away. This year, registrations are due on Monday, 1 May 2017, as 30 April falls on a Sunday. Companies who cannot lodge their application before this date can contact AusIndustry to request an extension. If received before the deadline, the business may be granted an extension of 14 days. The R&D Tax Incentive aims to boost competitiveness and improve productivity across the Australian economy. The tax credit […]

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Australia’s Cyber Security Sector Could Triple by 2026

April 24th, 2017

The Australian Cyber Security Growth Network (ACSGN) estimates that Australia’s cyber security sector will triple in the next decade, reaching revenues of $6 billion by 2026. By 2020, the global cyber security market could be worth $170 billion US. On 20th April, the Australian Government launched its Cyber Security Sector Competitiveness Plan (SCP), which aims to grow and strengthen the Australian cyber security sector. There is a huge growth in demand for security across the Indo-Pacific, giving Australia an advantage […]

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NASA Launches Three Australian Satellites

April 19th, 2017

Until now, only two Australian satellites had been launched into space, one in 1967 and one in 2002. Yesterday, three more were sent aboard a NASA Atlas V rocket from Cape Canaveral Air Force Station in Florida. As part of the QB50 international project, the nanosatellites will join a total of 50 CubeSats. They will soon be deployed from the International Space Station and will stay in orbit for 12-18 months. The satellite’s purpose is to explore how the thermosphere […]

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Apple’s ambitious R&D spending continues to increase

April 18th, 2017

After spending the highest annual amount on research and development ever, apple shows no signs of slowing down in its R&D investment for 2017 despite a drop in the company’s overall revenue. In 2016, Apple spent $10.39 billion on R&D which was a significant increase, over $2 billion, from the previous year. This equates to 5% of its total net sales on research alone in 2016.               In early 2017, there was vast speculation regarding what projects the company would be investing in. […]

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