Investing in R&D is crucial to Australia’s agricultural future. The R&D Tax Incentive encourages companies to participate in experimental activities that may not have been undertaken otherwise. The farming sector must innovate to tackle issues arising from fast-increasing global populations and the impact of climate change. Professor Kingwell from the University of Western Australia has stated that Australian farmers are well placed to benefit from growing markets in Asia and India, who will have increasingly higher demand for grain, meat […]
Last year, the Australian government committed over $1 billion to new defence centres in an attempt to advance innovation and drive the Australian defence sector into the international market. $540 million will go towards next-generation technology and a Defence Innovation Hub will be part of a 10-year investment, which aims to nurture collaborative innovation and deliver Defence outcomes. Defence Industry Minister Christopher Pyne said, “We want to guarantee our national security and ensure that Australia can play its part protecting […]
The University of Queensland (UQ) has secured more research project funding than any other university from the Australian Research Council (ARC) grants. A total of $22.6 million was announced for 17 projects, including biotechnology, cultural history, quantum systems, antibiotic resistance and ecological impacts of cattle production. UQ ranked second for total funding. 14 new Future Fellowships were awarded to researchers, with UQ securing $12.1 million out of $77 million in ARC Future Fellowships funding. The projects span broad areas of […]
James Cook University is expanding towards the city centre with the development of a tropical innovation hub. The Cairns Innovation Centre (CIC) project will consist of a $40 million Innovation Lodge, a $50 million Tropical Enterprise Centre and a $33 million Tropical Sports Conditioning Centre. To help drive collaborations in health and education, it will be placed close to Cairns Hospital and Cairns State High School. While capital cities are known as knowledge economies, they are expensive places to live. […]