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Industry Specific Issues

Why Australia Should Change its Attitude on Innovation

July 3rd, 2019

Three months ago, SpaceIL, a privately owned Israeli company, conducted a spacecraft project that made history when it landed on the moon.  The landing, however, was disastrous, with the robot crashing onto the moon surface.  Despite this set back the team behind the robot (named Beresheet) did not see this as a setback but rather as an opportunity to inspire a new generation of innovators. Following this year’s reports with Israel named the world’s most innovative nation, prominent Australian women […]

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Success of Australian Software Companies Linked to Investment in R&D

June 10th, 2019

A recent article published by AFR weekend has highlighted how investment in R&D has played a crucial role in the success of two growing local companies: Atlassian and Xero. Despite significantly growing revenues, both Atlassian and Xero have maintained a significant investment in R&D and product developments (figures quoted in the AFR article are R&D Spending of 36% and 31% of revenue respectively). Both companies have enjoyed continued success and significant rises in the value of their shares over recent […]

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DuluxGroup Takeover Shows Impact R&D Investment Can Have On Company Value

April 23rd, 2019

It has recently been announced that DuluxGroup’s board has accepted an offer to be taken over for $3.8 billion by Japan-based Nippon Paint Holdings; DuluxGroup has been one of Australia’s largest investors in corporate R&D, and has been a strong advocate for maintaining stability of the Australian R&D Tax Incentive. DuluxGroup were also actively involved in: The recent senate economics committee hearings into the proposed changes to the R&D Tax Incentive, which were recommended to be deferred following the committee’s review; The […]

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Global Veterinary Surgical Instrument Projected Growth due to R&D Incentives

April 8th, 2019

A study involving some of the biggest veterinary surgical instruments manufacturers predicts a growth of approximately 6.5% during the forecast period 2018- 2023.   The growth is as a result of the rise in R&D expenditure, product innovation and demands in pet care on a global scale as the market is increasing going more competitive. Per a geological analysis, North America is expected to be on the forefront of this market followed by Europe. Asia- pacific will be expected to […]

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