Swanson Reed News

Australian Innovation spending at 30 year low

October 30th, 2014

Investment in research and development by the Australian government has dropped to its lowest level in 30 years according to an analysis of government figures. Accounting for only approximately 2 per cent of government investment, R&D spending has fallen to its lowest GDP share in 25 years. Australia has seen significant growth in research and development expenditure over the years, however despite this increased spending there remains a large gap comparative to expenditure in other international economies. According to the […]

Read More

Patent Grant Program featured in The Australian Financial Review

October 15th, 2014

The Australian Financial Review recently featured Swanson Reed and the proposed Patent Grant Program in Tuesday’s release. The article Innovation crisis a matter of urgency, tax advisers say addresses the innovation crisis looming if the Australian Government does not act soon on policy to encourage investment in innovation. Swanson Reed collaborated with Wrays, intellectual property and patent advisers, to propose a patent grant system as an interim measure until the deadlock on introducing the UK-style-patent-box incentives breaks. Treasurer Joe Hockey echoed concerns by […]

Read More

Patent Grant Program – Australia’s Patent Box Solution

October 7th, 2014

Recent research has indicated that 1000 extra patents per year (that otherwise would not have been filed) could add up to $7 Billion extra GDP per year in the Australian economy. It has been proposed that a new type of government endorsed grant program aimed to offset the cost of patent filing, could be Australia’s answer to the recent U.K. Patent Box controversy.   Why would a Patent Grant Program be more appropriate than a Patent Box tax incentive? It has been argued that Australia should […]

Read More

New Grant – Good News for Aussie Manufacturers

September 11th, 2014

After a tough trot, Australian manufacturers can breathe a sigh of relief after the Australian Government revealed applications are now open for the Manufacturing Transition Program. The program will provide manufacturers with a $50 million boost to become more competitive and sustainable. Available to any manufacturer spending over $4 million on capital expenditure / expansion activities, the program focuses on businesses looking to transition or expand their operations to higher value-added or more knowledge intensive manufacturing. A great help to […]

Read More

Bryce Steele
Principal, Melbourne
Tel: (03) 9018 5778
Mob: 0435 713 493
Tom Parkhouse
Principal, Sydney
Tel: (02) 8006 0559
Mob: 0411 718 565
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
Sarah Guan
Manager, Hobart
Tel: (03) 9018 5778
Mob: 0401 262 591

Categories

Archives

Email this job

[recaptcha]