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December, 2024

Australian Government Announces details regarding Review of National R&D System

December 4th, 2024

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 such comprehensive review in nearly 20 years. The review will assess how to maximise the value of R&D investments, strengthen industry linkages, and support national priorities. The review will examine existing systems, such as the Research and Development Tax Incentive […]

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The Senate Inquiry into R&D Tax Incentive Reforms is Delayed for the Third Time This Year

August 27th, 2020

The Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019 (‘the Bill’) was introduced on 5 December 2019 to reform RDTIs. Treasurer Josh Frydenberg described these reforms as “targeting and improving the integrity and sustainability of the research and development tax incentive”. The Bill’s proposed changes included a $4 million cash refund cap for small companies with an annual turnover of less than $20 million. Larger companies with an annual turnover of more than $20 million would have their […]

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Shipbuilder AUSTAL Ltd reports increased earnings guidance stemming from R&D investment

July 20th, 2020

Whilst experiencing a setback in May following the announcement of a contract being awarded to a competitor, AUSTAL LIMITED has recently been one of the outstanding performers on the ASX, with the value of its shares having increased approximately 25% over the past quarter. AUSTAL LIMITED has R&D, manufacturing and service headquarters in Australia (Perth and Cairns), alongside global R&D and manufacturing facilities based in Alabama, Vietnam and the Philippines. Within recent ASX and trading updates leading up to financial year end, […]

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A Future with Robots

September 12th, 2016

Bigger Better Faster Stronger One of the greatest strengths of the human race is our continual practice of innovation – we are always creating newer, better, faster and safer ways of completing the tasks and challenges we face. As robots have become a major topic of conversation many have begun to wonder; will robots be another success for humanity or a colossal disaster? Well, first we must determine what exactly is meant by the term robot. A robot is a […]

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