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R&D Intensity Requirement May Unfairly Penalise Certain Industries

May 22nd, 2018

Sixty million people are fed by Australian farming exports. With an ever-increasing global population, innovation in agriculture is essential to a sustainable future. However, the changes to the R&D tax incentive announced in the 2018 Federal Budget may be disadvantageous for industries like agribusiness. Up to 12,000 Australian companies could be affected by the R&D intensity change, which proposes that companies spend at least one percent of total business expenditure on R&D to qualify for the non-refundable tax offset. The […]

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$5 million research and development project in WA

August 7th, 2017

Western Australia will soon be home to a world class grains research and development hub to develop research in crop pathology and genetics. The research project was announced on Wednesday 3 August by the deputy Prime Minister and Minister for Agriculture and Water, alongside West Australian Minister for Agriculture and Food. The project has received a $3 million Research and Development Corporation grant. $1.5 million was received by Murdoch University, $250,000 from Curtin University and $250,000 from the WA Department […]

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European Dung Beetles To Help Farms All Year Round

May 18th, 2017

A five-year, $23.7 million dung beetle project has been announced this week that will help control parasites. Two new species of French dung beetle will be provided to over 1,000 livestock producers around south-eastern Australia. The scheme will use dung beetles as ‘ecosystem engineers’ in order to improve the health of soil and pastures and reduce the spread of diseases and nutrient run-off into waterways. These beetles will be active in spring and it is hoped that they will decimate […]

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R&D Revolutionising Australian Wine Industry

February 7th, 2017

Australia is home to some of the most prestige grapevines, with the Australian Shiraz being one of the oldest in the world. It holds unquestionable value and relevance to the success of Australia’s wine industry. In recognition of the significance which the Australian wine industry holds, a six year R&D invests worth $5.3 Million has been announced by Wine Australia. The announced R&D initiatives intends to utilise the country’s unique and natural resources, with hope to uncover further understanding of Australia’s […]

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