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Apple’s ambitious R&D spending continues to increase
April 18th, 2017After 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. […]
Ford Invests $450 Million Into Research And Development
February 21st, 2017In October 2016, Ford Australia permanently ended local manufacturing in Australia which consequently terminated the employment of 580 workers. Ford had been manufacturing locally for 91 years prior to this decision. In 2017, following from this decision, Ford transformed what was previously the Australian head office into the Asia Pacific Product and Development Centre. This newly created facility is the central hub for research and development, driving the innovation of products and mobility solutions, and producing state-of-the-art virtual design and […]
R&D Revolutionising Australian Wine Industry
February 7th, 2017Australia 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 […]
Australian & Chinese Companies Partner for Renewable Energy
December 5th, 2016CSIRO Partners with Thermal Focus Chinese company Thermal Focus has sought out one of Australia’s leading solar heliostat technology names, CSIRO, to partner for the purpose of increasing the use of renewable energy within the country. This followed China’s announcement to achieve production of 1.4 GW of CTS by 2018 and 5GW by 2020. These targets would double the worldwide number of installed CST plants. The established partnership will enable Thermal Focus to, “manufacture, market, sell and install CSIRO’s patented […]
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News & Research
News & Research
News & ResearchIn December 2019, the government re-introduced a bill to reform the R&D Tax Incentive. This bill was a slightly modified version of a previous reform bill (Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share of Tax in Australia […]
In December 2019, the government re-introduced a bill to reform the R&D Tax Incentive. This bill was a slightly modified version of a previous reform bill (Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share of Tax in Australia […]
