Technology and Media Communications

Federal Government Flags Potential Further R&D Tax Changes to Help Fintech Industry

February 10th, 2020

The Australian newspaper has highlighted a speech to the Australian Computer Society on Friday made by Liberal Senator Andrew Bragg, who is chairing a committee examining Australia’s fintech sector.   The article noted that: The government is mulling a number of policy shifts to make life easier for start-ups; Senator Bragg is quoted as saying: “FinTech Australia tells us the R&D tax incentive is the number one regulatory issue for fintechs. They tell us the importance of the R&D tax incentive […]

Read More

Fintech Australia Uses Fintech And Regtech Senate Inquiry To Highlight Importance Of The R&D Tax Incentive

January 14th, 2020

In December 2019, Fintech Australia released its response to the Financial Technology and Regulatory Technology Senate inquiry.  Their committee voiced concerns regarding the Government’s plan to cut $1.35B from the R&D Tax Incentive and stated that the current definition of “experiments” was impeding innovation by preventing software companies from claiming the tax offset. The submission pointed out that the R&D Tax Incentive is the primary channel used to promote local innovation, with 64% of fintechs having applied for the scheme. […]

Read More

ASX Listed Software Company Receive AusIndustry Finding That R&D Activities Are Not Eligible

July 30th, 2019

XPED LIMITED has announced to the ASX that the company has received notice from AusIndustry of a finding assessing certain registered activities as ineligible under the requirements of the R&D Tax Incentive for the FY18 period. XPED LIMITED had previously announced in the company’s interim report for the half year ended 31 December 2018 that a Refundable R&D offset of $1,634,607 was received in respect of the Technology Development segment of the business, which is focused on development of Internet […]

Read More

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 […]

Read More

Email this job

[recaptcha]