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Industry Specific Issues

The Australian Industry Group Submission to Strategic Examination of the R&D System

June 19th, 2025

The Australian Industry Group (Ai Group®) is a peak national employer organisation representing traditional, innovative and emerging industry sectors. Ai Group is considered one of the leading business advocacy organisations in Australia. Ai Group has recently published their submission to The Australian Government’s strategic examination of the research and development (R&D) system. The Ai Group submission includes some notable points on the R&D Tax Incentive including: A note that tax incentives and grants are valuable, however they can require a high level of administrative resources; […]

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Robyn Denholm comments on R&D Spending Gap

June 9th, 2025

In recent comments published by The Australian, Robyn Denholm, the Australian-based Tesla chair, has expressed concerns over slowing business investment in Australia, noting that “Australia is not living up to its full potential” in terms of investment and R&D She highlighted that Australia’s combined government and business spending on R&D has fallen to 1.68% of GDP since 2008, compared to the OECD average of 2.73%. This R&D spending gap equates to approximately $25 billion per year.  “We need to see […]

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AiGroup Warns of Manufacturing Recession as New Industry Minister Tim Ayres Commences

May 20th, 2025

A recent article on InnovationAus.com has covered Australian Industry Group’s (AiGroup) latest Key Industry Indicators numbers, showing that the economy slowed across 2024, and is now in the longest period of low growth since the 1991 recession. AiGroup’s Key Industry Indicators data reveals that the broader economy has seen its longest period of slow growth since the 1991 recession, but manufacturing has been hit hardest, entering a recession, with output contracting at a 1.7% per annum rate in the second […]

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New Administrative Review Tribunal Case Activities NOT Eligible under the R&D Tax Incentive

February 18th, 2025

A recent Decision dated 30 January 2025, Body by Michael Pty Ltd and Industry Innovation and Science Australia (Taxation and business), has found a company’s registered activities were not eligible under the R&D Tax Incentive. This is the first matter handed down by the new Administrative Review Tribunal of Australia (with previous cases at this level of court handled by the old Administrative Appeals Tribunal). The project under review in the case was entitled “BBM stress release system (new innovated services).”, and specifically […]

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