Opposition spokesman on innovation policy, Ed Husic has recently discussed R&D Tax Incentive during an interview by InnovationAus.com.
Mr Husic’s comments come after the cost of the R&D Tax Incentive programme was reduced in the forward estimates published in the recent federal budget. Husic stated that “Labor absolutely and fundamentally recognises the powerful place occupied by the RDTI in the minds of the Australian startup community, and we do not want to make changes that affect the startup community’s ability to access the incentive”.
The Opposition will also look into a six month review on the national R&D spendings if it wins the upcoming election.
Swanson Reed encourages all sides of politics to commit to preservation of a stable R&D Tax Incentive, and we seek to work alongside the programme administrators to maintain the compliance integrity of the programme.