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Top Five Benefits of R&D Tax Loans
September 7th, 2016The economy is tough right now. No matter where you are located or what industry you are in, it can be a bit of a gamble when it comes to predicting next month’s profit margins. One thing an economic downturn does create is a slowdown of operations, which can enable you to redirect more manpower and more resources into research and development. It creates an opportunity to expand and diversify your business—something that the current downturn may be telling you […]
R&D Recreating Business
August 29th, 2016Competitive Differentiation We are all beyond aware of the rapidity of innovation today. In less than twenty years we have seen the technological dreams of Sci-Fi favourites come to life. Just this July we watched as the launch of Pokemon GO transformed the business sphere overnight, creating new methods of engaging consumers. As we accelerate our technological capabilities the challenge we face is to balance that technological innovation within human spheres such as workplaces, learning environments and business. In a […]
Is Innovation Growth Suffering in Australia?
August 22nd, 2016During the 2016 Australian Financial Review innovation summit this past week, Dr. Alan Finkel Australia’s chief scientist, spoke to the imbalance of government spending on innovation. Business Insider quoted Dr. Finkel saying, “If science turns money into knowledge – then innovation turns knowledge back into money, and generally a lot more money than the taxpayers put in.” While referring to the potential gains of innovation investment from the government, the Doctor proceeded to share a shocking statistic that industry leaders […]
Government Announces New $18 Million Grant to Boost Global Collaboration
August 18th, 2016In a proposition to develop the economy away from a reliance on mining, the Australian government launched the National Innovation and Science Agenda (NISA) last December. Now, the Turnbull government has followed through on the agenda’s proposal to offer new grant initiatives aligned with the objectives of the Global Innovation Strategy. In specific, the Minister for Industry, Innovation and Science, the Hon Greg Hunt MP, announced the launch of the $18 million Global Innovation Linkages (GIL) Programme earlier this month. The […]
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News & Research
News & ResearchA warning for companies using AI to assist with drafting their R&D Tax Incentive Applications
Businesses are increasingly leveraging Artificial Intelligence (AI) to streamline various tasks in a bid to achieve significant time savings and efficiency gains. However, when using AI to assist in the drafting of documents that present legal obligations (such as an […]
FY25 R&D Activity Registrations Now Open and Upcoming Changes to the R&D Application Form
Companies are now able to register R&D Activities conducted during the year ended 30 June 2025 (FY25) with AusIndustry. For the FY25 period, the application process is again administered through the online AusIndustry customer portal which was introduced for the […]
