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Innovation – Should Agriculture ‘Milk’ the Benefits Too?
December 4th, 2015By just browsing the ‘innovation’ segment of any news website one may feel bombarded with headlines about digital disruption, coding, technology start-ups and Silicon Valley. Begging the question, where do less (traditionally) tech-savvy industries stand as Australia embarks on an innovation journey? Agriculture, in particular, could largely benefit from a ‘beefing’ up of innovation. Despite posing as somewhat of a benchwarmer for the last decade as the resource sector flourished, agriculture has recently revived as an export earner as the […]
Innovation Culture, Precincts and All That Jazz
December 3rd, 2015From the earthy harmonies of soul jazz to the sporadic, atonal forays of free jazz – lateral thinking is the key distinguishing element in this type of music. Likewise, building innovation and an entrepreneurial culture could be compared to a form of jazz: it takes a lot of practice, a great deal of mistakes and emanates from a culture that values playing and jamming. Get that right, and then we’ll swing. But how does Australia jazz it up and expedite innovation? […]
Australia to Double Investments in R&D for Clean Energy
December 2nd, 2015Discovering a slab of coal in your Christmas stocking conventionally notions the idea that Father Christmas judges you more naughty than nice. However, could this tradition be an idea of the past as the nation, and the world, moves towards renewable energy? Australia is amongst 20 countries, all of them major economies, who agreed on Monday to take a clean energy pledge. The investment program, titled Mission Innovation, is a promise to radically accelerate public and private global clean energy […]
Is the Government Acting Too Hastily on the Innovation Statement?
December 1st, 2015Vacuuming the house, mowing the lawn, or even waiting for an image-heavy website to load – these are tasks, in an ideal world, which would be performed in haste. However tax policy changes, in particular, is an undertaking that one would hope is executed with time and consideration. In specific, recent updates have prompted the notion that the Australian government is placing academic research before considering critical industry insights. To expand on this, according to the BDO, the new Innovation […]
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News & Research
News & Research
News & ResearchThe Australian National Audit Office (ANAO)’s purpose is to support accountability and transparency in the Australian Government sector through independent reporting to the Parliament, and thereby contribute to improved public sector performance. Changes to the R&D Tax Incentive administration announced by […]
An AAT Case in November 2021 (XQDX v FC of T) has affirmed that a structure where a business operating as a trust and notionally invoicing R&D costs to associate company is NOT valid for the purposes of the R&D […]
