In the case of Docklands Science Pty Ltd and Innovation Australia [2015] AATA 973, the Administrative Appeals Tribunal (AAT) has determined that activities conducted by the taxpayer were not R&D activities as there was insufficient documentation to support the claim. Background Three projects were registered for work claimed to be conducted with the CSIRO and other contractors: nanoparticles; geopolymer engineered products; and environmental engine. AusIndustry conducted a review of the registration and concluded that the activities were not core R&D […]
From the cochlear implant and the first ultrasound scanner to wi-fi and penicillin, Australia has indeed developed highly innovative products in the high-tech and medical sectors. However, while these industries are traditionally associated with the mere mention of ‘innovation’, they do not encompass our whole economy. In Australia particularly, high-tech manufacturing contributes to less than 1 per cent of Australia’s total output. Hence, Turnbull’s mission to improve Australia’s reputation as an innovative country will entail a broader emphasis on innovation by business […]
Although being brought to public attention in modern times by celebrities such as Michael J.Fox and Muhammad Ali, knowledge around Parkinson’s disease still remain relatively unknown. One in every 200 individuals will be diagnosed with Parkinson’s disease and the reason why the disease develops, or a cure, remains unidentified. In fact, it is the second most common neurodegenerative disease and affects over seven million people worldwide. In light of trying to find a suitable cure, Australia has been chosen to […]
The mere mention of Star Wars generally conjures remnants of John Williams’ infamous score. Even if you’re not among the film’s dedicated disciples, the iconic music is renowned worldwide. Indeed, seldom do film soundtracks leave such an ineffaceable mark on the world. Now, is that same soundtrack assisting doctors in detecting cancer? New research, written in a somewhat whimsical style and littered with references to the intergalactic saga, has found that the Star Wars score could influence doctors performance. The study, […]