Swanson Reed News

Is Innovation Growth Suffering in Australia?

August 22nd, 2016

During 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 […]

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Government Announces New $18 Million Grant to Boost Global Collaboration

August 18th, 2016

In 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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A Future of Greater Innovation in Australia

August 18th, 2016

July Brings New Tax Incentives As of July this year, young companies focused on innovation have greater hope for expansion. To elaborate, the new tax incentives for Early Stage Innovation Companies (ESICs) provide a maximum 20% offset for qualifying expenses capping at $200,000 each year for the investor and affiliates. The measures are ultimately a triumph for the Australian startup ecosystem and will aid in increasing the amount of capital available to Australian startups. It is important to note that […]

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R&D Tax Funding Strategies for Your Business

August 9th, 2016

If your business is involved in eligible R&D activities and you are interested in the Research and Development (R&D) tax incentive, our specialised team of R&D tax advisors is here to help. At Swanson Reed, we help companies claim the R&D tax incentive. We prepare over 600 R&D tax claims per year as Australia’s largest R&D tax advisory firm.  If you are unsure of the R&D tax funding strategies that you may be missing out on, our team of R&D […]

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Bryce Steele
Principal, Melbourne
Tel: (03) 9018 5778
Mob: 0435 713 493
Tom Parkhouse
Principal, Sydney
Tel: (02) 8006 0559
Mob: 0435 713 493
Andy Nguyen
Principal, Brisbane
Tel: (07) 3221 1499
Mob: 0407 750 249
Kieu McKellar
Manager, Adelaide
Tel: (08) 8121 7850
Mob: 0435 713 493
David Greatwich
Principal, Perth
Tel: (08) 9340 3745
Mob: 0468 386 250
Krishna Gungaram
Manager, Hobart
Tel: (03) 9018 5778
Mob: 0435 713 493

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