General Information

Election Campaign Highlights Innovation Shortcomings

June 29th, 2016

Indeed, we are now entering a new era in which technology, research, and ideas will become our most valuable cargo. Successfully leveraging these changes will ultimately require a social focus on innovation, collaboration, and digital disruption. In regards to this, as Australia quickly approaches an election on July 2, major parties have been announcing excerpts of their policies as the month progresses. However, despite both major parties agreeing on the need for Australia to transition to an innovation-focused economy, are either parties making […]

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R&D Tax – Important 30 June Planning for Companies

June 23rd, 2016

The following R&D tax claim information will apply to companies that: have recently submitted a 2015 R&D claim; and intend to submit a 2016 R&D Claim. Upcoming AusIndustry Compliance Activity Over the next few months, AusIndustry will likely start compliance activity for FY15 applications that were lodged around the April 30 deadline. If reviewed, companies claiming the R&D Tax Incentive must substantiate to AusIndustry that: the registered activities occurred; and the claimed activities were in accordance with the R&D Tax legislation. […]

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Could a ‘Start-Up Mentality’ Drive Innovation in Australia?

June 20th, 2016

“Embrace technology disruption” – the phrase has been heavily bandied about in public discourse lately after Turnbull announced the expression in his first statement after being elected Liberal leader last year. Although generally pertaining to the topic of Turnbull’s ‘Idea Boom’ or about shifting the culture of Australia, a new report reveals Australian small and medium-sized enterprises (SMEs) have already been embracing the technology disruption over the past year. The biannual MYOB Business Monitor, released earlier this year, surveyed over […]

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The Impact of Cash Flow on R&D Intensity

June 14th, 2016

Does the amount of cash flow obtained by companies affect the level of investment in research and development (R&D)? To answer this, we look at empirical research to investigate the impact of cash flow on R&D expenditure. Firstly, cash flow can be defined as the movement of cash into or out of a business, project or financial product. In this particular case, the movement of cash into R&D expenditure. Previously, a large number of empirical literature has quantified the role […]

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