Swanson Reed News

Australia’s First Indigenous Innovation Hub Opens in Cairns

May 9th, 2017

Founded by Indigenous entrepreneurs Leigh Harris and Julie-Ann Lambourne, Digital Hive (DHIVE) aims to achieve social equality in the digital age. The innovation hub opened on May 3 and will enable Aboriginal and Torres Strait Islanders, refugees, recent migrants, people with disabilities or anyone with a social and digital disadvantage to participate in and contribute to the growth of the digital economy. “We must be more innovative in the way we ensure that the benefits of the new digital economy […]

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Universities and the Start-up Economy

May 4th, 2017

There are more university graduates than ever and it turns out that they are driving Australia’s start-up economy.  A project between Universities Australia and Startup Muster found that 84% of Australian start-up founders have degrees. Many universities have restructured their courses to provide the next generation of graduates with the knowledge and resources to found their own businesses. It is becoming increasingly common for students to take courses in entrepreneurship and then develop a start-up business in conjunction with a […]

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Biotech Industry Wary of Proposed Changes to R&D Tax Incentive

May 2nd, 2017

The Australian biotech industry has concerns about an overhaul of the R&D tax incentive scheme, which could involve eligibility restrictions and cuts. The government has proposed capping R&D tax refunds at $2 million, which could be realised in this month’s federal budget. The uncertainty has already impacted the sector, with both Australian and international companies reconsidering doing clinical trials here. As Chris Nave, managing director of Brandon Capital Partners commented, “$2 million isn’t worth the cost of setting up an […]

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Major Challenges for Australian Innovation

May 1st, 2017

Innovation is as important as ever, especially for traditional industries. While Australia already has world-class sectors and companies, it is necessary for us to encourage the next generation of great companies. In 2015, Australia was labelled a ‘stall out’ country by Harvard Business Review, meaning a country that evolved quickly in the past but has now stalled and is slowly receding. We have fallen behind other nations in areas like data analysis. To address this, Bill Ferris, Chair of Innovation and […]

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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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