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Government Policy and Treasury

R&D Tax Policy Discussions Leading into The Government’s Productivity Roundtable

July 29th, 2025

Treasurer Jim Chalmers will convene The Government’s Economic Reform Roundtable in Canberra from 19–21 August 2025 with a focus on enhancing Australia’s lagging productivity. The Roundtable will occur at a time whilst a Strategic Examination and Review of Australia’s R&D system (led by Robyn Denholm) is underway and possibly due to report later in the year. Recent media coverage has suggested that businesses may be looking to discuss the R&D Tax Incentive at the August Roundtable: The AFR has recently reported: Big […]

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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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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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Implications of May 2025 Federal Election Result on Business R&D and Innovation Policy Settings

May 6th, 2025

Business R&D and Innovation Policy settings were not focal point of the recent federal election, which was fought primarily on cost of living. The unsuccessful Opposition Coalition had announced in the lead up to the election that their policies included: Savings by: Scrapping the Future Made in Australia (FMiA) agenda, including tax credits for green hydrogen and critical minerals processing; Winding back the National Reconstruction Fund; Unwinding the expansion of the Australian Renewable Energy Agency that supports pre-commercial innovation in […]

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