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November, 2016
How R&D Spending Correlates to Innovation
November 23rd, 2016From 2015 to 2016 North America increased R&D spending by 8% rising close to $300 Billion as Europe, Japan and the Rest of the World including Australia fell by 9%, 8% and 3% respectively and China rose by 19%. Many of 2016’s Most Innovative Companies invested over $8 billion in R&D (research and development) this year as calculated by Strategy & Business. Apple and Alphabet, formerly known as Google, have maintained first and second in […]
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News & Research
News & Research
News & ResearchAustralian Government Announces details regarding Review of National R&D System
In the May 2024 federal budget, The Albanese Government announced a strategic examination and review of Australia’s R&D system to align it with national priorities and improve outcomes. This week, Ed Husic has announced specific details to launch the review, the first […]
New Federal Court Decision re: Active Sports Management Pty Ltd finds R&D Activities not eligible
An AAT decision handed down in December 2023 (Active Sports Management Pty Ltd and Industry Innovation and Science Australia) previously found that activities in respect of development of a customised basketball shoe were not eligible under the R&D Tax Incentive. It […]
