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New Tax Incentives for Start-Ups & Investors

March 30th, 2016

In a proposition to develop the economy away from a reliance on mining, the Australian government launched the National Innovation and Science Agenda (NISA) last December. Now, the Turnbull government has followed through on the agenda’s proposal to offer tax incentives to entrepreneurs and start-ups. The Bill, coined the Tax Laws Amendment (Tax Incentives for Innovation) Bill, was announced in March 2016 and aims to amend the tax laws to provide generous tax incentives for innovative start-ups and investors. In specific, […]

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Can the R&D Tax Incentive Offset Deindustrialisation?

March 29th, 2016

In the contemporary period, the idea of a ‘national economy’ in Australia is continually reinforced by national discourses of competitiveness and innovation. Our past, as described by Turnbull in his idea’s boom speech, has relied too much on the mining boom and has subsequently condensed other industries. However, unless there is a leap in investment and a long-term effort to innovate in “what we are good at producing”, a downward trend in the wealth of the original country is to […]

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What Can Australia Learn from The France R&D Model?

March 24th, 2016

With the release of the Australian Innovation Agenda in December 2015, Australia is experiencing significant economic and social change. 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. Specifically, universities offer a huge potential in shifting the Australian landscape to be more innovative, however, they are currently debilitated by low collaboration levels. In […]

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How Can Companies Cross the ‘Valley of Death?’

March 23rd, 2016

The valley of death, whilst the expression may spur images of dystopian lowland, the meaning is far less sinister – nonetheless, bridging it can be a nightmare. For those who are unaware, the commercialisation of innovation is often caricatured as the melancholic term, ‘the valley of death’. In relation to this, the 2015 Australian Innovation System Report, released last year by the Department of Industry, Innovation and Science, stated that Australia is exceptional when it comes to research, but the […]

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