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When Life Gives You an Innovation Policy, Make Lemonade
October 19th, 2015The next generation of Australian entrepreneurs could stem from a modest, after-school lemonade stand. This is the winning idea by Erin Watson-Lynn and her team at the government’s weekend “hackathon”, which united over 150 people on Saturday from the tech, business and government fields to workshop future innovation policy. Taking inspiration from the United States, the simple pitch was to start a national Lemonade Day to create “DICE” kids – Digital, Innovative, Creative and Entrepreneurial children. The team behind the […]
Are Children the Key to Our Innovative Future?
October 16th, 2015The youth of today, according to a renowned South Australian academic, should be trained in developing a more creative mindset to assist them in taking advantage of job opportunities in our increasingly innovative economy. Dr David Cropley, the University of South Australia associate professor in engineering innovation, pitched the idea and said that governments were realising changes were needed to create success. With the Prime Minister Turnbull focusing on innovation at the heart of his job-creation agenda, evidence has arisen […]
Is Innovation Simply a Matter of Mind?
October 15th, 2015Last week it was reported that Mr Turnbull ordered Mr Pyne, the Science and Innovation Minister, to release his “inner revolutionary” in order to come up with stronger policies to catapult innovation and to let the Prime Minister worry about the money. However, is creating an innovation economy simply about policies and government funding? Certainty, government funding and incentives can drive individuals to be more willing to conduct research and partake in innovation expenditure. However, is creating an innovated economy […]
Should Australia Mimic the UK’s Tax Breaks? Investors weigh in on the Innovation Agenda.
October 14th, 2015From “innovation prime minister” to just plain “IT-savvy”, Malcom Turnbull has been coined various titles since his rise to top job and his promise of an innovation agenda for Australia. Certainly, he has been welcomed with positivity amongst the leadership of the country’s tech and innovation industry. However, Malcolm Turnbull must do more than just talk about innovation; he must turn Australia into a hub for innovation and research so that it can compete in a global environment. As mentioned in […]
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News & Research
News & Research
News & ResearchThe Australian National Audit Office (ANAO)’s purpose is to support accountability and transparency in the Australian Government sector through independent reporting to the Parliament, and thereby contribute to improved public sector performance. Changes to the R&D Tax Incentive administration announced by […]
An AAT Case in November 2021 (XQDX v FC of T) has affirmed that a structure where a business operating as a trust and notionally invoicing R&D costs to associate company is NOT valid for the purposes of the R&D […]
